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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (341386)6/26/2007 2:48:20 PM
From: Road Walker  Read Replies (1) | Respond to of 1576825
 
re: A lot of the energy and minerals sector is run by nationalized companies. If the resource is highly concentrated then the government owned companies of the nations that have a lot of those resources will tend to become the biggest.

That doesn't entirely explain it since it is a trend. But whatever the reason, we are becoming clients instead of producers. Another reason to get off oil so that we can sell alternate technologies and keep the wealth in the US.



To: TimF who wrote (341386)6/27/2007 4:03:11 PM
From: tejek  Read Replies (1) | Respond to of 1576825
 
A lot of the energy and minerals sector is run by nationalized companies. If the resource is highly concentrated then the government owned companies of the nations that have a lot of those resources will tend to become the biggest.

The major mineral companies are mostly based outside the US......I think Alcoa is the only one left in the US. And those large companies outside the US are not nationalized as your post suggests.


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