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Wal-Mart Stores Inc. Message Board

  • mrcommonsensenow mrcommonsensenow May 9, 2006 11:10 AM Flag

    Cheap imports have become a delusion.

    Our exploitation of cheap labor in places like China and India has resulted in an economic boom in these countries thus an increased demand for America��s favorite substance��OIL. Naturally, this increased demand for oil is the main reason a barrel of oil is now at around $70-75 and will continue to rise as the economies of China and India continue to prosper.

    In other words, every penny Americans have saved or can save by doing business with China and India, will know be sent to lovely places like the Middle East.

    CONSERVE ENERGY, TRY TO BUY AMERICAN AND SUPPORT SMALL BUSINESS THAT DO THE SAME. IT IS UP TO US, NOT POLITICIANS, TO TRY TO FIX THIS MESS.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Hey dumbasses all.....the shift of goods to China has not increased the world demand for oil. That is just ignorance. If the manufacturing were in USA, our demand for oil would go up wouldn't it ?

      All it did was shift demand for oil to China. It did not change the total demand for oil.

      You people just do not understand micro or macroeconomics.

      • 1 Reply to courage_and_truth
      • Hey dumbasses all.....the shift of goods to China has not increased the world demand for oil.
        ----------------------------------------------

        LOL!

        All you had to do is google "oil china" and you could have prevented making an ASS of yourself.

        >Much of China's rising oil demand is driven by the rapid growth of its auto industry. The Economist reports that demand for new cars in China is expected to keep growing by 10 percent to 20 percent per year for the next several years after growing at an even faster pace over the past three years. Five million new cars were sold in China last year, making China the third largest car market after the U.S. (17 million) and Japan (5.9 million). Producers expect the Chinese auto market to surpass the U.S. within the next 10 years. With a growing middle class of more than 450 million, China has become the hottest market for the global auto industry.

        With only 10 million private cars on the road, China still has a long way to go to catch up with the U.S., but already cars are consuming one-third of China's oil. New expressways are paving over scarce prime agricultural farm lands, and smog from cars is contributing increasingly to already poor urban air quality. (Economist, 6/4/05)

 
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