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I thought mining raw materials doesn't increase wealth.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Thu Nov 26th, 2009 at 09:01:43 AM EST
[ Parent ]
Yes, because iron ore is so hugely useful when buried underground.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid (arvid.hallen at gmail.com) on Thu Nov 26th, 2009 at 09:03:29 AM EST
[ Parent ]
Precisely.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Thu Nov 26th, 2009 at 09:05:01 AM EST
[ Parent ]
Ah, but if you leave it there you can use it to not increase wealth in the future.

Oh, wait ...

by Colman (colman at eurotrib.com) on Thu Nov 26th, 2009 at 09:05:55 AM EST
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