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The Water Cooler
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opec cuts oil
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<blockquote data-quote="kingfish" data-source="post: 4006464" data-attributes="member: 50496"><p>I don't think many of us here understand the full ramifications if the Yuan becomes the base currency for global oil transactions. There have been some economists vocal over the last few years about it if this happens. JEVapa summed it up quite succinctly "<strong>We are fcked</strong>"</p></blockquote><p></p>
[QUOTE="kingfish, post: 4006464, member: 50496"] I don't think many of us here understand the full ramifications if the Yuan becomes the base currency for global oil transactions. There have been some economists vocal over the last few years about it if this happens. JEVapa summed it up quite succinctly "[B]We are fcked[/B]" [/QUOTE]
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