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Monday, February 28, 2005 |
 Newsmax. The weakness of the U.S. dollar is no accident, billionaire George Soros says - it's the result of Russian and Middle East oil exporters switching some of their oil transactions from dollars to euros. Where's the tipping point on this?
12:54:07 PM 
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WP. All this pressure on Iran refuses to acknowledge Iran's trump card: oil. The oil market, for the first time in its history, is capacity constrained. The reason: Chinese demand growth and a loss of 1-2 m barrels a day from Iraq (due to global guerrillas) have changed the market dynamic. In this new environment, any country with production capacity of more than 2 m barrels a day has the same power as the entirety of OPEC. Iran has that power. It could drive oil prices to $100 plus and subtract trillions from the global economy with a flip of a switch. Our lack of an energy policy limits our options with Iran.
8:31:26 AM
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All this data theft makes you wonder if there if it is flowing to offshore data havens.
7:40:26 AM
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Don't get me wrong, I am glad that Scoble and Shel are going to write a book that is a rehash of my two years of posts on how weblogs can be used to help your business. You can see the posts for free on the Yahoo Group K-Logs (which was the group of 1,000 + early adopters that were interested in using blogs to reengineer their companies -- participants ranged from executives at the BBC to Motorola). It includes lessons I learned helping companies install and apply weblogs to their solve their business needs.
The book is going to be something that the business world needs.
However, the book is an N-1 event. It is the ultimate end game pay-off for the work that was done. The book advance was massive and it is going to be marketed as one of the top business books of 2006. There is going to be a lots of money made by the folks involved. So, the credit that Scoble is offering me at this point doesn't matter. The "juice" and the options for the future that Dave mentions have left the building.
7:08:02 AM
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© Copyright 2005 John Robb.
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