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1021. Humpty Dumpty Joe [Biden]

 I've been quiet enough. It took me a long time to get on Obama (OBlunder) when in his times he screwed up America along with his sideki...

Friday, January 8, 2016

740. Here's a thought long-term investors

Consider the population of China, its proximity to all the necessary raw materials, the year off from infrastructure building, and the wealth they have accumulated in dollars and what does it spell? I expect, like its population, that enough raw material manufacturing, e.g., steel, aluminum, and copper products, will explode and greatly exceed all the other countries production within 20 years. What does that do to our steel, aluminum, and copper and related products manufacturing companies? I would expect, like OPEC and oil, China will control the prices of the commodities and 1st tier of manufactured products. What recourse does America have other than to impose import tariffs on Chinese products in order to extend the misery of our manufacturers? So far we do not have free trade with China, however, China has been creating free trade zones on their own. I suspect they will then first take advantage of those countries. So, keep your eyes open. In the meantime, do invest wisely.

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