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Loan Modification

: Mortgage Lender Implode-o-Meter

Oil markets brace for Saudi 'rage' as global spare capacity wears thin

By Implode-Explode Heavy Industries

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``Goldman Sachs suspects that OPEC has been pumping far above its agreed quota since November and therefore cannot easily raise output much without cutting deep into global spare capacity... If this picture is broadly correct, spare capacity is already close to the wafer-thin levels that led to wild price moves in mid-2008. ''

Full post as published by Mortgage Lender Implode-o-Meter on March 09, 2011 (boomark / email).

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