The United States has $50 trillion in recoverable oil and natural gas.
Alexei Kudrin, a long-term confidant of Vladimir Putin, made these comments at the St. Petersburg International Economic Forum (Putin was present). “We are too dependent on oil and this is what stops our currency from being stable and makes it too volatile … as the price of oil drops so does the Russian ruble.” Russia overtook Saudi Arabia as the world’s largest crude producer in December and its economy is heavily reliant on energy exports, which also includes natural gas.
Let’s talk immigration. By a leap and a bound and another leap and a bound, the USA is the most desired place to which other foreign nationals wish to emigrate. They must not read the newspapers that keep saying how cruelly we treat immigrants.
Much of the decline in illegal immigration was due to the US economic slump following the “Great Recession.” Nonetheless, illegal immigration is down another 70% this year under the Trump administration. I favor having it at zero percent.
It is interesting to me that there is a similarity in the percentages of legal versus illegal immigrant workers in many of these industries – the ones that the Democrats always say “only illegal immigrants will work at these jobs.”
China’s manufacturing dominance is based largely on cheap labor. Cheap labor derives from excess workers. Their “one-child-policy” led to tens of millions of female fetus abortions (a travesty of truly biblical proportions). The gender ratio at birth is dangerously high with 115.88 boys born to every 100 girls. That has a truly remarkable and devastating effect on demographics (and, it appears, this travesty will be met with biblical wrath). Goodbye China!
The US GDP per capita is 700% greater than China’s. I am not sure whether the graph above will have a short-term salutary effect on this difference but the longterm implications of the graph above are devastating for China. It’s a bad idea to “fool with Mother Nature.”
And, last but not least, is the fall of the media. The graph below shows us that the “news” is very heavily slanted. One of the great protections of our Republic has been destroyed by media bias! When you peruse the graph below, realize that it doesn’t matter “who is right.” The graph below has three “conservative” and three “liberal” news outlets. (And thanks to HP for sending this to me.)