Quote:
Originally Posted by GoDuke
First for AwholeCrowly
Hey you wanker. You took to long. Please see this lionk to answer your oil import question.
Crude Oil and Total Petroleum Imports Top 15 Countries
Mr. Grey - Yes the overall world economy would and is imporving as the US economy comes down. As the dollar weeknds our exports will rise and the trade deficit shoudl go down. However the chinese will artificially hold the value of the RMB down so as not to hurt their exports. The ebb and flow of the world economy. It was not so long ago that the US was a major exporter. But when everyione beleives they deserve a $45 / hr job, the jobs will go elsewhere. The new wage policies in China are begining to hurt the factories there causing the prices to rise as they strigle to get workers to move from the farms to the factories now that they can make similiar wages closer to home. The US is due for an econominc adjustment. It is a good thing for the world and US economy in the long run. Things wil get worse here in the US and then the lower dollar will encourage business to again redistribute and we will grow strong again.
This seems so simplistic but it is the short version of what goes on. I have seen this economic change go through southeast asia from country to country and back again (Singapore to Malaysia, to Thailand to China, and now to vietnam and starting to swing back for another go in Thailand. Countries such as the Phillipines get skipped over because of an unstable goverment and will not prosper until their is more control.
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Well hell, I agree with all of this.
So given that you seem to as well, why would wars and invasions and saber-rattling ever be worth preserving our economy as an end to itself?