Turns Out Cheney's Energy Task Force

[Wellstone ruled]

8. Agree with the premise of four fold population and the opertunities .

There in lies a major issues. The next year will tell us just how sound China is,and what I am watching is the shut down of some 80% of their heavy industries and the high default rate of others. This is in it's self worries the Chinese Army who are in charge of transition of the Country from a Mercantile Economy to a Consumer Oriented Economy. The Guardian posted a interview with a China Army leader,and in that story was concern about the moving all these peasants from the interior to the manufacturing cities for laborers,has now posses unrest and other political issues. And China has and is spending their Foreign Reserves at a unsustainable rate in order to prop up their currency. BTW,the latest dollar yuan product costs favor the U.S.,and that is why industry is in the process of moving manufacturing back to North America. Four percent cheaper to manufacture here in the good old USA . These are interesting times we live in to say the least.

If there are a Couple of Corporate Tax Loopholes closed in the next Congress,China and India will see major finical disruption. And this scares the crap out of the Imperial Class.