Excellent comments all!
In 1993, on a trip to China in the now open developing regions, and 6 years before the turnover from Britian, China was already building highways, factories, facilities, infrastructure and consuming huge amounts of petroleum off the world markets. These are the comments of one of my B-School professors.
When the communist wall came down, then they began to slowly release data about their government and actions, such as world market demands upon commodities, raw goods / materials, fuel and manufacturing faciities, as well as partnering with other manufacturing companies.
These facts were in evidence early on during the Clinton Adminstration, as well as the same conditions of building infrastrucure, preparing for and engaging in offshoring jobs, factories and call centers to India.
Both these countries demands, needs and speculative acquisition of raw and refined commodities were already factored in, when we had $1.65 - $1.85 unleaded gasoline, during the Clinton Administration.
what has changed?
In addition to the obvious is the additional spectre of enormous greed and political maneuvering in the manner in which events have shown themselves, hence $4.25 unleaded gasoline in the US and $78 bbl prices and continous talk to push the costs even higher, as if somehow these news agencies are uneffected by the realities of these secret policies.
hmmmm
In 1993, on a trip to China in the now open developing regions, and 6 years before the turnover from Britian, China was already building highways, factories, facilities, infrastructure and consuming huge amounts of petroleum off the world markets. These are the comments of one of my B-School professors.
When the communist wall came down, then they began to slowly release data about their government and actions, such as world market demands upon commodities, raw goods / materials, fuel and manufacturing faciities, as well as partnering with other manufacturing companies.
These facts were in evidence early on during the Clinton Adminstration, as well as the same conditions of building infrastrucure, preparing for and engaging in offshoring jobs, factories and call centers to India.
Both these countries demands, needs and speculative acquisition of raw and refined commodities were already factored in, when we had $1.65 - $1.85 unleaded gasoline, during the Clinton Administration.
what has changed?
In addition to the obvious is the additional spectre of enormous greed and political maneuvering in the manner in which events have shown themselves, hence $4.25 unleaded gasoline in the US and $78 bbl prices and continous talk to push the costs even higher, as if somehow these news agencies are uneffected by the realities of these secret policies.
hmmmm
