From: jmfbahciv on
In article <9A32h.25970$7I1.11001(a)newssvr27.news.prodigy.net>,
<lucasea(a)sbcglobal.net> wrote:
>
><jmfbahciv(a)aol.com> wrote in message
>news:eia7p3$8qk_009(a)s880.apx1.sbo.ma.dialup.rcn.com...
>> In article <Rvp1h.23508$e66.15121(a)newssvr13.news.prodigy.com>,
>> <lucasea(a)sbcglobal.net> wrote:
>>>
>>><jmfbahciv(a)aol.com> wrote in message
>>>news:ei4t4d$8qk_006(a)s787.apx1.sbo.ma.dialup.rcn.com...
>>>> In article <4544E33A.555EF3DA(a)hotmail.com>,
>>>> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
>>>>>
>>>>>
>>>>>jmfbahciv(a)aol.com wrote:
>>>>>
>>>>>> <lucasea(a)sbcglobal.net> wrote:
>>>>>> ><jmfbahciv(a)aol.com> wrote in message
>>>>>> >> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
>>>>>> >>>jmfbahciv(a)aol.com wrote:
>>>>>>
>>>>>> >>>> You people are not thinking! Scenario: oil imports stop.
>>>>>> >>>
>>>>>> >>>So who's going to be buying the oil instead of the USA ? Where did
>>>>>> >>>the
>>>> oil
>>>>>> go ?
>>>>>> >>
>>>>>> >> If production hasn't been stopped, China, India, and parts of
>>>>>> >> Europe
>>>>>> >> in exchange for capitulation.
>>>>>> >>
>>>>>> >> /BAH
>>>>>> >
>>>>>> >They're suddenly going to increase their oil consumption by over a
>>>>>> >factor
>>>> of
>>>>>> >10???
>>>>>>
>>>>>> They already have. It's going to be more.
>>>>>
>>>>>Not ten times more though is it ? And not 'overnight' either.
>>>>
>>>> In economic terms, it will be overnight.
>>>
>>>Nice smokescreen. We were talking about an oil embargo,
>>
>> You may have been talking about an embargo. I wasn't.
>
>Don't try to weasel out of it. You brought this up as a national security
>issue. The only sense in which that is the case is if OPEC decides to
>undertake an embargo. Nice try.

Have you considered the possibility that extremists gain control,
or destroy, the oil pumping infrastructure? OPEC has nothing to
do with it.
>
>In any case, your original demand that our politicians talk about building
>nuclear power plants will not help, until people have electric cars. And
>that ain't gonna happen until oil become uncompetitive.

I am not talking about oil becoming uncompetitive. I am talking
about oil suddenly becoming unavailable. That should be a
scenario considered by all heads of state, not just the US.

/BAH
From: Eeyore on


jmfbahciv(a)aol.com wrote:

> "MooseFET" <kensmith(a)rahul.net> wrote:
>
> >They seem to be doing better than the US with a lot less money for
> >health care.
>
> Could it be the drug costs that make this difference?

Why do so may US medical practicioners prescibe expensive drugs when cheaper
generics are just as good for mnay things ?

It artificially inflates costs. That's not allowed in the NHS.

Graham

From: Eeyore on


jmfbahciv(a)aol.com wrote:

> lparker(a)emory.edu (Lloyd Parker) wrote:
>
> >Actually, yes, GDP includes things that are exported.
>
> One doesn't export intellectual property. It's not a thing.

Of course IP gets exported ( and imported ).

Graham

From: jmfbahciv on
In article <1162393373.073039.297600(a)b28g2000cwb.googlegroups.com>,
"MooseFET" <kensmith(a)rahul.net> wrote:
>
>jmfbahciv(a)aol.com wrote:
>> In article <4qnbicFo0aioU1(a)individual.net>,
>[....]
>> >China is massively investing in coal liquefaction plants.
>>
>> When I was there in the 80s, their economy was based
>> on all coal. ARe they working on development autos that
>> can run on coal tar?
>
>No, they are working on making liquid fuel for cars out of coal. They
>aren't changing the cars. They are changing the coal.
>
OK. I found a book on the world's coal reserves at the dump.
I'll try to find it in my piles of books and take a look.

How much energy does it take to turn coal into a liquid
combustible fuel that can be used by today's engine designs?

/BAH
From: Eeyore on


jmfbahciv(a)aol.com wrote:

> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
> >jmfbahciv(a)aol.com wrote:
>
> >> Does GDP measure services, especially the intellectual kind?
> >> Does GDP include all production that is used by the rest
> >> of the world?
> >
> >If you consider all goods, services etc to be fungible ( which they seem to
> >be ) then GDP must indeed include these things.
>
> I don't see how you can include a measurement of a piece of
> knowledge that is used in another country which is profitable
> for that country. Whose GDP includes that part of production?

IP is no different to finanancial 'services'. No *thing* may cross borders but
money will in return.

Graham