the problem with oil is the environmentalists. and no one wants to build new refineries. it is a problem. we cannot refine the oil. we have a shitload. had an old timer retired fella at work and he worked for a chemical company that made a silicon somethingrather that they would pump into the salt mines in Louisana to protect the oil from coming up during a hurricane. he did this stuff in the 60's, really neat guy. from what i know, we don't use and of our oil we drill for. we reserve it for future use. am i wrong? the problem is refining the oil, not the amount of oil. and fuck those greedy bastards in there neck. i am glad a lot of fuckers lost a lot of money when oil dropped. should fuck with futures or you get burned.
and med, get ur facts strait about the country before you spout of incorrect information. we are in debt to the
tune of 10 trillion dollars. but keep thinking up magic numbers pulled out of thin air. and then i ask, what others numbers does he pull directly out of his ass? it reminds me of a bar tender we met at my buddies wedding party earlier this year. he was saying that an oil company was making a hundred's of billions of dollars in the last quarter. which yeah, they were making record profits, but it was 11 billion, not hundreds of billions. so, it is all in context, i am not getting my financial information form some bar tender/high school football coach, because he doesn't know what the fuck he was talking about. and you need to use accurate information instead of words like "what, 50 trillion dollars." you are on a computer, use it and look something up.
china doesn't have more money, they just print it just like we do. now i don't want to go to war with china, but if you saw the olympics, i am glad i am not in that communist country. i hear they have great love for their citzens. china is known as a "flying geese." they manufacture multiple different industries so they are more diversified than the rest of the world. but it doesn't change the fact they allow one child, ignore human rights, and imo, have little man syndrome.
why must you denigrate the US so? Russia? we kicked communisms ass and you think they are now going to rule the world. pick up a world newspaper. that country is fucked. did you know oil is only purchased with US dollars? OPEC only sells oil for US dollars, nothing else. They are not selling it for Rubles or Rupies or whatever fucking stone age country currency is around. why? Because we are the big dog in the world. Deal with it. or leave. Everyone else's economy is directly related to our economy. It is called securities backed assets and they are not getting purchased right now and that is why we cannot free up the credit markets.
i would also like to know your backround med, so i can maybe understand where you are coming from. age, occupation, education, anything.