Thursday, April 12, 2007

Can high crude oil prices risk China and Indias hope of being economic superpowers?

So here we are, 2006 and Crude Oil is about $73 a barrel. Crude Oil is the blood which flows through the veins of most (if not all) economies in the world.

China and India are growing at amazing rates, despite having populations of over a billion people the living conditions for all of it's people are improving significantly.

The point of this thread is too ask when does oil get to the point that economic growth stagnates and it's too expensive too develop infastructure at the pace it is now?>

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