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oldberkeley

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oldberkeley

Re: Superfly15 post# 9410

Monday, 01/05/2015 6:40:21 PM

Monday, January 05, 2015 6:40:21 PM

Post# of 29304
PBR debt is basically Brazilian national debt: Dilma ensured her re-election by deliberately incurring that debt.

Dew has been saying for years that sooner or later the government will simply drop the charade and nationalize the company. Perhaps, but I don't think so.

Oil will rebound. Buying PBR at a decades-low price for a 5-year hold is hard to resist.

All that is needed to make a happy life is within yourself, in your way of thinking. -Marcus Aurelius

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