11-05-2011, 04:48 PM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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It's a battle of who is worse both the USA and the EU economies are a mess.
Short term there could be a fall in the € v. $ price to maybe 1€ = $1.27
More likely than a war in Iran is a blockade and possibly the effect of an oil shortage that will definitely be worse for those dependent on Iranian oil in this scenario.
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