2006-08-27 15:29:59 · 10 answers · asked by French_hector 2 in Politics & Government ➔ Other - Politics & Government
I think it's a bad thing. The Chinese will be competing now for all the scarce resources we need for our economy. Pretty soon the Indians will join them. Outsourcing has grown the Chinese economy and now we will have to compete for the resources from here on in.
2006-08-27 16:19:10 · answer #1 · answered by KERMIT M 6 · 0⤊ 0⤋
I've been expecting it for about a year now, Chavez really hates the U.S. and would take any chance he got to hurt us. Even though shipping the oil to China means less profit for him (unless the Chinese are willig to pay more) because of the increased shipping distance.
2006-08-27 23:27:59 · answer #2 · answered by indylovessoccerylotr 2 · 0⤊ 0⤋
It doesn't really matter, oil is auctioned on the world commodities markets. If China somehow locked up all Venezualia's oil, then it wouldn't be buying other oil on the world market that we could.
2006-08-27 22:32:38 · answer #3 · answered by Charles D 5 · 1⤊ 0⤋
China is growing like gangbusters, and they are hungry for oil, steel, copper, cement, resources of almost every kind. They also have a lot of $US to spend on it that they make exporting stuff to us.
2006-08-27 22:44:45 · answer #4 · answered by Computer Guy 7 · 0⤊ 0⤋
I think China will make the US bend over and squeel like a pig, and gw will be the first with his @$$ in the air.
2006-08-27 22:32:10 · answer #5 · answered by Kevin O 2 · 0⤊ 0⤋
I think it is awesome. Some oil that W hasn't gotten his filthy hands on
2006-08-27 22:34:24 · answer #6 · answered by rykkardo8 4 · 0⤊ 0⤋
All the more reason for the US to develop alternative fuels and conservation
2006-08-27 22:32:40 · answer #7 · answered by ? 6 · 0⤊ 0⤋
the US is crapping its pants.......Venezuela is eager to swap missles for oil...
where do you suppose those missles will be aimed?
2006-08-27 22:47:25 · answer #8 · answered by Anonymous · 0⤊ 0⤋
I think that it is a great agreement that created great oppotunities for my country.
2006-08-27 22:45:47 · answer #9 · answered by Maru 3 · 0⤊ 0⤋
interesting.
2006-08-27 22:31:47 · answer #10 · answered by Anonymous · 0⤊ 0⤋