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IPFS News Link • Economy - Economics USA

Petrodollar tsunami to hit the euro and dollar

• Financial Times
With crude oil at $100 a barrel, there is going to be a massive transfer of global financial wealth from oil consuming countries to oil exporters. A petrodollar tsunami is coming, with significant consequences for global financial markets.

1 Comments in Response to

Comment by Catherine
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Here she comes as predicted when others scoffed at us!

Catherine - Montana