From: "Geo" 

"Robert Comer"  wrote in message
news:448b2c5a$1{at}w3.nls.net...

> I don't know, it's hard to tell.  if that's true it may backfire on them
of
> oil goes up more.

Our government is controlling the price of oil. Price starts to drop and
bush starts talking about Iran this and Iran that and presto the price goes
up $10/b

> > Most of the inflation you see is the result of china coming online.
>
> A lot of our current problems are because of China coming online, but the
> seeds for that were sown years ago by our ownselves.

Has to happen, if we want 1.3 billion more people in the
capitalist/consumer market place then we need china. In the starting
stages, china has the cheap manpower so it's natural that labor intensive
jobs like steel forging are going to go to china. And there is the effects
of osha and such driving business overseas.  But in the developed stage
china is going to need even more restrictive osha types, and as they become
consumers the increase in sales in all branches of the market may just be
enough to make us an exporting country again.

We have advantages too, we have the space to grow hardwoods which china
really loves, food, water, culture, entertainment, high tech, these are all
things that are or will be scarce goods in china.

> >It's not
> > being caused by an overheating us economy.
>
> I agree with that 200%, there is no overheating economy, if anything, the
> economy has continued to contract except for a few sectors.

The economy has come very close to overheating several times over the past
year. Both times the price of oil surged and cooled the overheating.

> Agreed.  That's what I feel so worried about this one.

Really? I'm not concerned at all. I recognize that there are a lot of
changes happening and some businesses will be lost but I see the government
using oil and interest rates as economic controls quite effectively and
they do appear to be on top of the situation. It does piss me off when I
see Bush's buddies getting rich in the process when there was obviously
other ways to accomplish the same goal but overall I don't see things
getting out of hand economically speaking.

Geo.

--- BBBS/NT v4.01 Flag-5