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I think that Oil will come to be denominated in € or some new synthetic currency, therefore the oil price will stabilise at a lower level for the rest of the world as the $ continues to spiral out of control in the medium term, as a result the $ cost will remain high.
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Mike
London City Presbyterian Church
London
England
"Surely, we wish to be orthodox, but we must first learn what real orthodoxy is. Surely, we wish to be progressive, but we must first have a basis to progress from."
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