M
mole
Guest
Does all this mean that the value of my .CN domains will jump through the roof?
dwrixon said:Update. Growth exceeds forecast.
http://news.bbc.co.uk/2/hi/business/4574518.stm
Best Regards
Dave Wrixon
I agree with financialtraffic.dwrixon said:The US has biggest but probably one of the most inefficient economies in the World. You only need to look the International Oil consumption figures to reach this conclusion. The problem is that whole economy is structured around cheap energy, which frankly no longer exists and will never come back in the way that it was available in the previous decade.
http://www.nationmaster.com/graph-T/ene_oil_con_tho_bar_dai&int=-1
The idea that offshoring manufacturing elsewhere is going to exaccerbate the greenhouse effect is frankly ludicrous. But America is going to have to change, not only can it not afford to sustain this level of consumption, but it going to be increasingly difficult to find the Oil at all. Arguments about the revaluation of the Yuan, also impact on this. If China's currency doubles in value even at the current level of economic activity, oil is going to be twice as affordable there as before, which will push the word price even higher. Half the vehicles on US roads need to be scrapped and replaced with better designed substitutes from Asia. This is not political rhetoric, it is economic reality!
Best Regards
Dave Wrixon
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