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The collapse of the price of oil is due to a combination of reduced demand and over supply. The reduced demand part means the world economy is slowing down. France may fall into deep recession. Add in Russia. Europe is in trouble. And trouble like this has lead to war, many many times...
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James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
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