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OPEC Just Created a Big Opportunity for US Oil Companies: Exports to Asia
CNBC ^ | 12/9 | Tom DiChristopher

Posted on 12/09/2016 3:49:05 PM PST by nickcarraway

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To: Paul R.

Chinese (and Japanese and Korean) are very good at refining and perfecting but do not innovate a whole lot. Innovation is largely the province of America and Israel and will stay that way. It seems to have something to do with compatible systems of law and government and with the English language. Israel’s business and scientific people all are essentially English speakers. They do it as well as Brits or Americans. Oriental perfection of American products is not a bad thing. Oriental top businesses will relocate to the US so long as the Chinese government permits if we proclaim an unrestricted free market system regardless of what other countries do about it. Without all the government hampering and restriction Americans can and will outproduce everyone else i.e. make things cheaper and better and more new stuff i.e. our workers will produce more product per dollar of worker cost than anyone else in the world and the world’s industry will strive to relocate here, even the Chinese.


21 posted on 12/10/2016 5:16:32 AM PST by arthurus (Mrs Clinton is The Great Conniver.)
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