zerohedge.com / by Tyler Durden on 11/15/2014 11:31
While most people’s attention has been focused on the demise of the Russian Ruble this year, since the June highs in Crude Oil, the oil-producing nations of the world have seen their currencies devalue rapidly. From Brazil to Nigeria and Algeria, the impact of lower oil revenues is starting to create avicious circle for many of these nations… and having consequences for the very Petrodollar flows that the US relies upon…
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