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Sugar Daddy God
The Feast of the Assumption of the Blessed Virgin
It’s “an empire ending problem,” says Robert Zubrin.
He’s referring to the outflow of capital from the United States of America to the oil exporting countries. OPEC now takes in more cash than the U.S. government.
Oil fell a dollar yesterday – bringing the price per barrel down to $114. It’s sold as low as $112 this week. We expected it to sink below $100. So far, it hasn’t happened. But this correction could last much longer and take the price down a bit more.
Americans are responding. The latest numbers show them driving nearly…
18Aug2008 | Daily Reckoning | Comments Off | Continued
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