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Realistbear

Mohammad Ali Khatibi: $100 Oil Good For All

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http://uk.finance.yahoo.com/news/iran-says-oil-at-100-would-not-hurt-world-economy-afp-8ae953c16e37.html?x=0

Iran says oil at $100 would not hurt world economy
14:56, Sunday 14 November 2010
Iran said on Sunday that the world economy is in a position to absorb an oil price of 100 dollars a barrel even as it finds the current price range suitable for investments.
"Oil prices increasing to 100 dollars (per barrel) would not hurt the global economy," Mohammad Ali Khatibi, Iran's representative at the Organisation of Petroleum Exporting Countries (OPEC), told the oil ministry news agency SHANA.

$100 oil will do 4 things:

1. Weaken Western economies

2. Precipitate the double dip

3. Line the pockets of the oil sheiks

4. Build more palaces in the sand

From the Arab point of view, $100 oil will be terrific. :D

Edited by Realistbear

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http://uk.finance.yahoo.com/news/iran-says-oil-at-100-would-not-hurt-world-economy-afp-8ae953c16e37.html?x=0

Iran says oil at $100 would not hurt world economy
14:56, Sunday 14 November 2010
Iran said on Sunday that the world economy is in a position to absorb an oil price of 100 dollars a barrel even as it finds the current price range suitable for investments.
"Oil prices increasing to 100 dollars (per barrel) would not hurt the global economy," Mohammad Ali Khatibi, Iran's representative at the Organisation of Petroleum Exporting Countries (OPEC), told the oil ministry news agency SHANA.

$100 oil will do 4 things:

1. Weaken Western economies

2. Precipitate the double dip

3. Line the pockets of the oil sheiks

4. Build more palaces in the sand

From the Arab point of view, $100 oil will be terrific. :D

$100 oil it is then. Say Summer driving season 2011?

It'll have less effect on Europe and the UK of course. It could hurt the US but more importantly - keep a watch on inflation in India and China. I'm still on the look out for 12% interest rates, 12% inflation and 12% nominal growth in 2012 in at least one of the BRICs.

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$100 oil will do 4 things:

1. Weaken Western economies

2. Precipitate the double dip

3. Line the pockets of the oil sheiks

4. Build more palaces in the sand

5. Allow me to increase my Day Rate

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  • 140 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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