Quote:
Originally Posted by Paul Markham
How much debt are the oil producers in?
Anyone who thinks he can predict the outcome of this probably still thinks the Earth is flat and the Moon is made of cheese.
|
Libya are on a similar rank with Ireland and as you might know Ireland is in a mess. When the US puts a puppet in charge, not much of the oil money tends to go to the people, but rather to the puppet. This is why the US are so desperate to get rid of Chavez in Venezuela as he charges a fair price for the oil and shares the profits with the people.
Irish debt ranked with Libya and S Africa
http://www.irishexaminer.com/busines...idsnojey/rss2/