Andy Xie says China is foolishly loading up on commodities, with no particular reason. Well, why do countries, or anyone for that matter hoard commodities? One reason is they expect war.
It is astonishing to watch US Govt criticize Iran when A. it is none of oour business, B. We back regimes that do far worse, C. We do far worse in USA.
Perhaps we should attend to the plank in our eye before we attack wee Iran. We couold start by lifting trade embargoes.
Tuesday, June 23, 2009
China Fueling Commodities Surge
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