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Re: diciembre232000 post# 18953

Tuesday, 12/30/2008 2:48:10 PM

Tuesday, December 30, 2008 2:48:10 PM

Post# of 29692
You agree with a known scammer and then ask me a question. Not sure why I even answer, but I will.
Have you seen the price of oil lately. Iraq’s revenues are plunging. They have dropped to about 25 billion a year. Iraq wanted a 100 billion budget, that leaves them 75 Billion in the hole! They have now dropped the budget to about 67 billion, that still leaves them 42 billion in the hole! They will be forced to lower the budget more.
Where will they get the money to buy back all this currency? Will you sell them yours back at this rate? Will the other speculators that hold the other 5, 6, maybe 7 TRILLION sell back at this rate?
Iraq is in a world of hurt with oil prices as low as they are.

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