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  •  it's a really silly argument if you (0+ / 0-)

    dig all the way down to first principles.  There is nothing preventing Iran or Venz from selling every drop of their oil now in the physical market denominated in Euros.  They don't need a new set of computer screens to do it.  Just set a price and fill orders.

    I had an ancient diary giving more detailed reasons.  but regardless you are free to believe what you will.

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