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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: regli who wrote (46741)2/18/2006 6:04:21 PM
From: mishedlo  Read Replies (1) of 116555
 
It can be seen that when priced in dollars the loss for OPEC as a whole is 88.3 percent of the total exports for the year 2002, which is about 28 percent in excess of the condition when oil is priced in euros.

Quite literally that is absurd.

Mish
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