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Old 13.12.2018, 18:15
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Another issue would be if OPEC decided to start trading oil in Sterling or Euros as the dollar declines as a reserve currency.
There was a lot of talk 15 years ago of oil being priced in Euros, it went very quiet after the shit hit the fan with Greece. In the end the USD is the world currency for a good reason, it's one of the top 3 currencies for holding its value along with the CHf & GBP. You will recall Germany has defaulted in debt in the past as have many of the member countries.
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