No one truly believe's that the Cartel are in any real trouble, right? We need to build our pipeline asap and gain some semblance of independence from these crooks.
Saudi Arabia may go broke before the US oil industry buckles
- Thread starter Twila
- Start date
Yep, on the other side Iran is going to be upping their output so maybe a price break can be had and because of their wanting to establish good-will the threat of being cut off would be eliminated.
Largest U.S. refinery now belongs to Saudi Arabia
To win the manufacturing.
It's a race to the bottom.
Here is a small clue on a change in policy from China. Employee wages are going up. Something we had not seen in the pass.
This indicates they may be ready to make themselves their own consumer market.
Sure China will build it's own citizens up, the 'slave labour' will be robots rather than people, they will be just the consumers.
All that China has to offer ... and I mean all, is cheap labour. That slave-based culture doesn't go far without a rich patron and customer. The Chinese have utterly failed to innovate, at all. They have developed, invented sweet nothing. They copy everything and undercut us by employing hundreds of millions of poor peasants. The last time that the Chinese invented something new was during our Middle Ages. China is huge but clearly limited.
Yep, you are right!!
Almost the same can be said of India, and they are a democracy that has received endless help. At least China put on an Olympics, but India bearly pulled off the Commonwealth games.
Same can also be said for those useless Muslims in the Middle East, and it goes on!!
The change coming is that the Nations you mentioned will beging using more of the same resources that the 'West' has had a monopoly on all of the last century.