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Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.

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Peak Oil reaches Investors
Business News; Market ResearchDesire writes: The optimum price for Saudi Arabian oil is US$25 per barrel. Currently it is at US$40 per barrel. This is 60% above the price at which alternative energy sources and alternative oil extraction methods become cost productive. The only oil left to find is underwater. In fact, the planet's proven untapped deepwater oil reserves could more than triple in the next 20 years. According to experts, proven deepwater reserves could jump from the current 50 billion barrels to 114 billion barrels."

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Posted on Tuesday, July 13 @ 07:28:39 PDT by admin
 
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OPEC IS NO LONGER ABLE TO CONTAIN OIL PRICES
 
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