Reply to "What's up back in Italy ?"

comp2Member

LOL Ron, I am sorry if I got us down this road. My lips are sealed.

Otherwise interesting in the global economy is China. I have mentioned before their escalading and predicted energy growth. Everyone knows you can go to HF buy a Chinese vise that is so cheap that you can just about get your money back at the scrap yard.

China has been practically giving away their recources. They have been caping the amount industry can charge for electricity and strongly controling many other prices.

As far as energy in China, they are begining to loose their way to larger amounts of energy consumption. Their energy cost will soon rise.

As far as recources such as steel, they are not mining it fast enough, running out of some supplies and begining to import it.

The cost of operations in China is going to slowly begin to increase.

Intersting stuff.
Gary

3/10/066:32 AM

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