Something I have been pondering for a while is that what if we are buying crap from the Chinese to put some sort of economic stranglehold on them in the future. Think about this the US is the number one consumer from the Chinese. What would it do to their economy if all that just stopped. So a strategic plan would be mothball a large number of factories and continue to use China's resources at the same time. A smart leader could then leverage anything they wanted through the Chinese say pressure on Iran to get rid of its current psycho in charge. Should they decline to participate we would ramp up the old factories and start imposing tariffs on anything Chinese till they complied. Anywho perhaps this belongs on a blog all to myself but the video producer is right in a lot of aspects. I have another story how my knowledge of the subprime mortgage mess that was about to explode enabled us keep our home but that is for another day.
mmasse, you know you could be on to something. But, are you sure those idiots in Washington are that clever...
Actually China has been scrambling hard the last few years trying to open up trade into developing BRIC nations. They know that if the US falls economically they will be hurting and they are adjusting accordingly.One advantage I do see with the current US political and economical chaos is that if we keep it up long enough we may in fact end up having the largest amount of oil reserves in the ground eventually. That could pay off down the road certainly.
PioneerPreppy, good point. If the government stands aside and allows oil companies to freely explore and drill we'd be awash in oil. Thanks.
Gas would be $1.00/gallon if it was considered "green."