Quote from EMRGLOBAL:
RICEROCKET, your a mistaken.
China has been buying up Natural Resources around the world since 06. One project i deal with is OIL. I raise money to drill DPPs, (Direct Participation Programs) in Oil and Gas. While we funded 20 million in 08 for the BAKKEN SHALE project, China bought 2 to 3 billion worth of "Producing" oil fields overseas. Not only that, they have been buying up Rare Metals, Mining rights in Afghanistan and Indonesia.
There is no "WAR" and the EU paper is full of shit.
The US has been a bunch of idiots for not focusing on the Oil and Gas overseas or mining rights. But China has not been an enemy on this issue, just smarter.
And if Libya was about oil, then why does China own the majority of the Rights to OIL in IRAQ? The US did not move in that direction?
I think the only thing you know about ASIA is the fact that you may drive a Honda. That's about it.
Bottom line, China has played a damn good game of Poker. Not only have they bought AMERICA but they have secured a lot of Natural Resources around the world. All the while, the US worried about what it would look like if we Bought the OIL rights in IRAQ and Mining rights in Afghanistan.
The US has drop'd the ball on this one and we will pay heavy for it. But, an all out war on Resources is bullshit.
FYI: it is close to 12 midnight central time and I'm about to call my clients in Shanghai. I deal with China on a regular bases. Right now, we are working on a deal that will allow China to buy up some of our "Key" industry and "Key" Infrastructure. America is for sell and China is still buying.