View Full Version : A short video that you should be aware of for any trading purpose
04-25-2010, 10:37 AM
04-26-2010, 09:22 AM
Nothing to "enjoy" here. But worth the 45 minute listen. I personally don't buy the carbon boogieman, but the billion new energy consumers in the east are like a tidal wave heading this way: below the surface, but unstoppable & eventually devastating.
to summarise the vid:
Oil will become unaffordable due to the billion Chinese, Mexicans,& Indians that each will drive a Tata or scooter for the first time & are willing to pay $10. per gallon.
By placing a carbon emission taraf on imports from those countries, North America can build up jobs locally. Because "distance costs money"
The Chinese are soon going to stop buying our treasuries.
Damned if we do & damned if we don't.
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