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Tuesday, February 28, 2012

Stockman: If We Want to Bring Oil Prices Down, We Should Stop Beating the War Drums

Stockman: If We Want to Bring Oil Prices Down, We Should Stop Beating the War Drums

Stockman: War Drums Are Driving Up Oil Prices and Hurting the Economy

While Nouriel Roubini says that attacking Iran would lead to global recession (and see this), Ronald Reagan’s budget director – David Stockman – points out that even beating the drums of war is driving up oil prices and hurting our economy:

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