[Homestead] How would YOU spend 3 trillion dollars?
mmcharry at gmail.com
Sat Apr 19 11:59:50 EDT 2008
On Sat, Apr 19, 2008 at 11:36 AM, Lynda <lurine at softcom.net> wrote:
> Also, the Chinese have discovered cars. We are shipping thousands of them
> over there and selling them BIG gas guzzlers.
Mostly, they're making their own. Their import tariffs are extremely
high for cars _and_ auto parts (25 percent, the last number I can
find). We don't have a major market there (but, yes, whatever they're
driving is burning gas, so that's another reason they need oil).
I wouldn't be surprised if those wiley Chinese figured out how to run
cars on something besides petrol and sold the technology back to us.
Of course, we might not be able to buy it.
If we had any smarts, we'd be developing alterrnative energy sources
-- but if we had brains, we'd be insulating our houses too -- and
schlepping the new technology on the world market. As it is, we're
going to be buying it from everyone else. Is that because the best
brains are going into investment banking?
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