Wednesday, March 13, 2013

US THE NEW ARABIA OF OIL...OR JUST GOING BANANAS...?

ITS INTERESTING TO WATCH THE NOTION THAT THE US WILL BE THE NEW OIL SUPPLIER TO THE WORLD...

BECAUSE WITH HIGHER PRICES...LESS PRODUCTIVE REGIONS WILL BE MORE PROFITABLE...

BUT THE REAL REASON FOR THE RECENT OIL HYPE ...IS THAT AMERICA IS NOT AN INDUSTRIAL ECONOMY ANY MORE...

AMERICA IS A SOURCE OF NATURAL RESOURCES FOR THE INDUSTRIAL ECONOMIES OF ASIA...!

THINK BANANA REPUBLIC HERE....  WHEN YOU ARE REDUCED TO MERELY SELLING 'WHATS COMES OUT OF THE GROUND' ....AS YOUR MAIN SOURCE OF INCOME...THAT IS NOT GOOD... THERE IS NO VALUE ADDED ... 

ITS JUST COMMODITY PRICING...

AMERICA IS NOT BECOMING THE NEW CHINA...ITS BECOMING THE NEXT GUATAMALA....

THINK BANANA REPUBLIC HERE...ITS COMING FAST...!!