Quote:
Originally Posted by ASU2003
I don't know about this, it is the first time I have heard of it. But I would assume it goes something like this.
Brazil finds oil (or thinks there might be oil)
China needs oil
China is willing to pay big money for the oil
Brazil and China do not have the new oil drilling equipment
USA companies do have this equipment
USA owes China a lot of money
Brazil wants to be able to sell this oil
Brazil does not have the money to build new oil platforms (or there are unused ones)
USA loans Brazil a few billion in order to have them hire Americans and use USA equipment.
Brazil sells China the oil
USA gets paid back, and a third party country benefits from us reducing the trade deficit with China.
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Out of all this other bickering, this post makes the most sense and is probably closest to reality.
I quoted this not only to praise it but so that it wasn't lost in all the bickering and nonsense.
Thanks ASU.
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I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"
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