Saturday, February 18, 2012

Noteworthy

3 comments:

Stagflationary Mark said...

"Japanese steel: Here is a country with no energy, no iron ore or coal, yet it's the largest exporter of steel in the world, exports half its output."

That's just all messed up.

CP said...

Weird, isn't it?

Taylor Conant said...

And China is exporting hi-tech finished solar panels, but it is so power-poor due to its reliance on coal burning power plants that it has to import the silicon base from power-rich countries like the US which rely on super cheap, super abundant nuclear and hydro-electricity power generation.