Friday, February 20, 2009

harbinger


Take a look at this terrifying article published in The New York Times today, titled "With Cash to Spend, China Starts Investing Globally":
Long spurned in the international market but now flush with cash, China is once again on the hunt for global energy and resources... bringing China's total oil investments this week to $41 billion
$41 billion in energy investments, in this economy, in one week. Seems like there's a larger scale power grab in the works here, beyond the massive energy investment. Next thing we know, they'll be preemptively invading energy rich foreign nations.

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