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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (164319)	11/14/2008 11:48:20 AM
From: Think4Yourself	Read Replies (2) \| Respond to of 306849

Have the Saudis said WHY they won't cut? That reason could be important. Are they trying to help the global economy recover, do they desperately need the money, or do they think demand is going to collapse and that current prices are still pretty good? I have read recently that Russia is rapidly becoming a major player in the energy arena, much more so than just a few years ago. Wonder if that will continue when their currency finishes collapsing.