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Old 01-30-2006   #21
Black97civic
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Re: $262/barrel Oil

Quote:
Originally Posted by JET
One other thing, what would happen to Iran if they lost the money from the oil? I seriously doubt their economy could handle a shutoff for any length of time.
That is also a very good point.

Not everyone in Iran is rich, and they do depend on that oil money for a big part of the economy, so they would be screwing over a lot of their own people even if the rich guys could survive a couple months without income.
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