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

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To: marginnayan who wrote (71342)11/18/2007 7:26:57 PM
From: mishedlo  Read Replies (3) of 116555
 
Oil Pricing Unit Red Herring
globaleconomicanalysis.blogspot.com
Much discussion has transpired over an alleged dollar Armageddon that would supposedly happen if oil was priced in euros. Such discussion is often sensational and some even think the US went to war over the pricing unit. However, oil can be priced in any major currency and it would not matter one bit. Ten facts are presented to make the case.
Mish
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