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Morocco Bama

Nice analysis, but of course, the discussion of oil cannot preclude the currency in which oil transactions are denominated, and the implications to the dollar, and the U.S. economy, when the switch out of the dollar is final. I stumbled upon this article from 2009 about that. It's not a bad analysis. I'm not saying I endorse it wholesale, but I do agree with some of the points raised. It's worth a read and pertinent to that topic. Also, the comments are insightful and thought-provoking.


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