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


To: tejek who wrote (373536)3/10/2008 8:39:22 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1572826
 
Ted, > Let see......Brazil's a country that is close to energy independence. Let's see how their stock market is doing

Wonderful! When do we start:

- Drilling in ANWR
- Expanding coal usage
- Building more nuclear power plants
- Taxing the crap out of gas
- Penalizing those who don't carpool or take mass transit

Tenchusatsu



To: tejek who wrote (373536)3/10/2008 8:44:48 PM
From: TimF  Read Replies (3) | Respond to of 1572826
 
Let see......Brazil's a country that is close to energy independence.

What does that have to do with anything?

Very close, means they aren't there, which means they do import some. But even if they didn't import anything, and where a massive exporter, how would that be relevant? The US is an importer, because we have a higher demand. You might complain about the demand, but with the demand there we benefit from oil importation. If Brazil didn't need to import zero oil, hell if Brazil didn't use a drop of oil even from domestic sources, it wouldn't say anything about the need in the US, or whether or not oil importation helps us or not.

More generally its hardly like the fact that Brazil imports little in the way of energy or fuel is the driver of its stock market performance.