Tuesday, November 06, 2007

China's Oil Subsidy

http://www.minyanville.com/articles/china-india-US-subsidy-crude-dollar/index/a/14767/from/yahoo

China's oil subsidy must end soon, and they will face the same problems Iran and Burma face, on a much larger scale. The problems may not manifest themselves in social unrest like in the other two countries, but they will definitely cause economic distress as the price of oil rises to the actual price.

No comments: