[TheForge] Re: Iron & China

[Mike]

> China is going to shoot us with the money, scrap and raw
> materials we are sending.

I saw a great documentary on one of my visits to Boston (shown in an
Irish pub, SRO audience wedged elbow to elbow) that did a bit of
history on the Boston El [1], then followed it through demolition,
transport to Asia, reprocessing there and return to the USA as large
structural sections to build a high bridge in Colorado.


Nobody seems to put offshore out-sourcing and end of cheap oil
together.  With cheap oil, you can save a nickel making stuff in Asia,
pay 3 cents to ship it to the USA.  Sometime soon, you'll save that
same nickel but it'll cost a sawbuck to ship it.  But -- sorry --
you'll just have to pay because the infrastructure and expertise in
North America will be gone.

Time to move your investments into coal, private security/corrections
companies and possibly derigibles.

- Mike

[1] Elevated railway mostly over Washington Street, slow, noisy and
    otherwise elegant, including copper clad stations.  Now replaced
    by the fast, modrn Orange Line that runs in a huge trench along
    with inter-urban rail and created a physical barrier walling off
    Roxbury from the rest of Boston.  The Orange Line seems to be a
    great success but the trench strikes me as beiung of the same
    mentality as portent as 60s "urban renewal" and Pruitt-Igoe.

-- 
Michael Spencer                  Nova Scotia, Canada       .~. 
                                                           /V\ 
mspencer@tallships.ca                                     /( )\
http://home.tallships.ca/mspencer/                        ^^-^^

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