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


To: TimF who wrote (341445)6/26/2007 6:45:54 PM
From: Road Walker  Read Replies (1) | Respond to of 1576619
 
re: More countries are nationalizing their resource extraction industries. (Venezuela and Russia come to mind), or giving rights to mine them to national favorites when in the past large "western" (often US) companies might have gotten the rights.

Actually there was a previous wave of nationalization that was much larger.

but repeat: 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.