Monday, June 9, 2008

OIL: SUBSIDIZING THE MIDDLE CLASS.

INDIA AND CHINA SUBSIDE OIL\GAS TO THEIR PEOPLE. A FEW PRIVILEGED9 in the millions) IN INDIA AND CHINA OWN CARS. SO WE ARE WITNESSING A NEW PHENOMENA IN TWO POPULOUS SOCIALIST ECONOMIES TAKING FROM THE POOR AND LOWER MIDDLE CLASS AND GIVING A PRICE BREAK TO THE MIDDLE CLASS AND RICH. THIS KEEPS THE DEMAND FOR OIL HIGH AND PRICES HIGH IN THE WEST.

MAYBE TH

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