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To: Bobby Yellin who wrote (30018)3/14/1999 3:39:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116764
 
Personally, I think electric car (and Al Gore :)) was much bigger problem for oil than Venezuela...
I think we have tremendous shortage of oil, just enough to sustain India/China growth for no more than ten years..



To: Bobby Yellin who wrote (30018)3/15/1999 10:48:00 AM
From: long-gone  Respond to of 116764
 
As you were pointing yourself toward economics and religion you might find this of interest:
<<One of the ways major Western powers will lose was once explained to me by a friend of mine, a famous US senator.

     He said that the drain of “brush wars,” rising taxes and resultant inflation could be maintained for only a few years after which, because of economic collapse, the communists might win after all. That was several years ago—1955.

     When one sees that the gold reserves of the US are at this writing at a minus 21 billion and that they have done a steep 9-year, 45º dive since their zero in 1960 (American Institute for Economic Research, Boston, report of 17 Feb. 69), one can understand what he was talking about. (cont.)
freedom.lronhubbard.org