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We Are Living In A Silent Depression | Emil Kalinowski
Forward Guidance
Petrodollar Surge, Petrodollar Boom, Petro Dollar Surge - It Wasn't, It Was Bigger
The petro dollar surge, that opaque bonanza, fit very neatly into the uro dollar system. That's where the inflation coming from. This incredible transfer of wealth from advanced economies to emerging market oil producers. And european sovereign bonds, or wherever else they put it was gigantic,. and it paled in comparison to what was taking place.
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