China is the biggest importer of oil

Another sign of US decline, and of China's rise - China is now the world's biggest importer of oil:

http://america.aljazeera.com/articles/2013/10/10/china-becomes-worldsbiggestnetoilimporter.html

A fact not stated in the article is that China can afford their imports, while we can't. China has a strong currency, while the US dollar would collapse if not for the obsolete Bretton Woods systems.

The US economy consists of economic chicanery, the purchase of consumer goods, and the payment of rents. The Chinese economy, on the other hand, is a manufacturing giant, the sort of powerhouse that the US used to be.

We were sold out BIG TIME by the US ruling class and their accomplices in the one percent. The Chinese worked hard to get where they are, but to a certain extent we are in our situation because the rug was pulled out from under us.