Monday, February 13, 2006

Competition is good, right?

There's an essay going around that paints an unfortunate picture for the future of Iran (and elsewhere). The dollar risks major devaluation if a euro based oil bourse is started up. We all know what happened to the last country that did this.

This is a complicated situation with too many players to predict the outcome. Still, it's all too disturbing to see everything lining up so badly.

Darren J 2/13/2006 05:29:00 p.m.


Got to agree with you on Iran: it's not looking good.

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