Doesnât the oil price drop really fuck the dollar? Itâs the worldâs reserve currency on the basis that oil is bough in dollars.
Dollar a barrel? Donât need to buy as many dollars.
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Meanwhile the fail picking up UK GOV on a Fib?
All we need now is for booze price to become negative
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Interesting piece of trivia about that. Canât recall exactly where I read it, probably Private Eye, but at the time of the Iraq invasion the Iraqis were about to start trading their oil in euros. I think they would have been the first major oil producing country to do that, and the story went that the yanks would not stomach the dollar losing itâs global monopoly on the oil trade. Hence all the bollocks about wmd, which we all know now was nothing more than smoke, bluster and mirrors.
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A little OT, but itâs not even a new trick. This has been posted on Sotonians before, but is excellent.
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And of course Ghaddafi was setting up an African dinar to be used for oil trading instead of the dollar. So he had to go as well.
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All Trumps economic gains destroyed.
Oil through the floor so hitting many of his sponsors.
The Good Lord works in mysterious ways
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We have Bison? Wow, must get the air rifle out, nom nom nom
Think I saw this show in London. Heâs so good.
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Your oil prices need revising the -ve prices are for oil that is already in storage out of the ground.
Brent crude is still trading at about $32 a barrel and WTI at $26 these are the prices you need to watch.
Our little Malaysian crude is selling still at a $2 dollar on top of the Brent price.
I was cycling down the Castleman trailway yesterday (old railway line, pre-Beeching) when a deer walked in front of me⊠never had that beforeâŠ
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Apparently weâve got 25 million hospital gowns on order from China.
So thatâs alright then.
And not like, a fucking big security or health risk.
Potential dynamite. Cummings is clearly back running the show.
128 feels very generated.
Computers are big on powers of two.
Perhaps they just played the rice grain and chess board game until they felt they had enough sock puppers.
256 would be too much, surely?
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Oddly enough, there are British folk that want to pick fruit. Not really working out for them.
Letâs get poverty labour in instead, you know, the sort thatâll be happy living in an enclosed space like a caravan with two or three other people.
Because thatâs social distancing.
No doubt that will be true for some business - whatâs the phrase ânever waste a good stormâ
I think there are going to be redundancies all over the place regardless of how much money is put in
Assuming we are all back to normal when the furlough period is done on the 3oth June, I cannot for one minute imagine that demand for a lot of companyâs services that could support pre covid staffing levels is going to be there for several months after that.
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Briliiant bit by John Crace on the the rise of Piers Morganâs status.