Monday, February 20, 2006

What do China and Texas have in Common?

Both like to do things big.

Say what you want about China or the government there, but don't accuse them of being afraid to think big. And I'm not just talking about thousands of years of history building the great wall, or irrigation programs that are large enough for all of Western Europe. I'm talking of modern marvels like the Three Gorges Dam, and their newest initiative 50% more electricity production...in 4 years!

In case any of you are looking for investment advice, I'd say buy stock in raw materials stocks. If China--already a MASSIVE consumer of energy, is going to increase supply by nearly 50%, energy stocks will go through the roof. And you thought $3.00 a gallon was bad. Hmmmm.

1 comment:

Everybody's Favorite Valley Girl said...

K-Ra and I want to post entries to your blog. We're groupies.