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01/03/2012

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C_W

Dave, I had a very similar impression when I saw this story at the end of November (http://crash-watcher.blogspot.com/2011_11_01_archive.html); a tempest in a teapot. I see this as part of a continuing contraction of the economies of North America and Europe and expansion in Asia, the Middle East and South America, and, a concurrent flow of petroleum and petroleum products away from North America and Europe and toward Asia, the Middle East and South America. It seems that Economic indicators, like GDP, can obscure this trend more easily than flows of petroleum can.

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