wholetruth00
(576 posts)
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Tue Oct-03-06 07:19 AM
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I'm thinking that the fall is oil prices is desgined to hurt all those |
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countries who are using oil exports to pay off IMF loans and debts to the west like Venezuela is doing. The oil companies have already made enough profits to hold them over for a couple of years but the Wold banking system can't stand oil-exporting countries to pay off their debts because the system will lose leverage over these countries. Nigeria, Veneazuela, Iran...paying off their debts is not what the lending nations want. Think about it.
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teryang
(1000+ posts)
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Tue Oct-03-06 08:01 AM
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1. Fall in oil prices to drive out the weak hands before they go up |
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...again. I'm still expecting some sort of attack on Iran despite recent noises in the press that it isn't going to come from this quarter.
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DU
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Fri May 10th 2024, 06:38 PM
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