Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (245179)	4/22/2010 9:38:16 AM
From: ajtj99	Respond to of 306849

The problem with that argument is that unlike 1973, many of the large oil producers have deeply imbedded welfare states that cannot take an interruption in cash flow for fear of unsettling their civil populations, hence they will now sell whatever they can produce. I don't see China having any difficulty obtaining the oil they need, and I don't see Chinese military bases all over the world either. They seem to be able to buy anything they need without supporting 750 military bases globally.