Crumbling crude currencies are making the oil crash even worse
http://t.co/37h6MsqTGU pic.twitter.com/JCnM0FP4d8
— BBG Energy News (@BloombergNRG) August 18, 2015
Should be: "Oil Crash is Making Crude Currencies Crumble"
Crumbling crude currencies are making the oil crash even worse
http://t.co/37h6MsqTGU pic.twitter.com/JCnM0FP4d8
— BBG Energy News (@BloombergNRG) August 18, 2015
2 comments:
yeah, pretty dumb statement by Bloomberg here.
I,
Right and if you look at the sub-line they hit it on the head they say:
"slumping currencies have lowered costs and boosted profits..."
That is why the financiers adjust the exchange rate in response to the leading changes in the financed product prices in the foreign currency terms...
The system is R-E-G-U-L-A-T-E-D .... hellooooo!!!!!
To understand this we have to examine the regulatory process rather than imaginary quantities of fictitious metaphorical "flows" of "money" or "capital" or other metonyms and imaginary fantasy concepts...
Post a Comment