Thread: Oil war is on
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Old 06-20-08, 12:32 PM   #11
XabbaRus
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Where do you think all that money that was lent as mortgages and credit has gone. Banks don't want to lend money but they have to put it somewhere and that where is oil.

I'm in a tricky position here because at the moment with the oil price being high my company gets lots of work...being in the oil service sector. On the other hand prices are just getting stupid. But what comes up must come down. The laws of physics apply to money too.
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