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Wall Street will crash on Monday! « Peter J. Cooper’s Weblog
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by arabianmoney | June 6, 2008 at 08:05 pm
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Last Friday Wall Street suffered its worst losses in more than two months after crude oil prices spiked over $138, an increase of nearly $11, and the unemployment rate rose more than expected to 5.5 per cent. The Dow fell by 3.2 per cent or 394.64 points. Expect a bigger fall on Monday.
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at 09:54 on June 7th, 2008
Speculators. Iran imports more gas than it exports oil, and Iraqi oil has yet to make it out of their country. Get real.
at 03:10 on June 15th, 2008
I think you will find Iran is one of the world's largest exporters of oil - they do have a refinery capacity shortage, however.
at 03:11 on June 15th, 2008
And Iraq does export a good deal of its production too.