{"id":1619,"date":"2014-11-15T11:46:26","date_gmt":"2014-11-15T16:46:26","guid":{"rendered":"http:\/\/olduvai.ca\/?p=1619"},"modified":"2014-11-15T11:46:26","modified_gmt":"2014-11-15T16:46:26","slug":"oil-producing-countries-currencies-are-getting-crushed-zero-hedge","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=1619","title":{"rendered":"Oil-Producing Countries’ Currencies Are Getting Crushed | Zero Hedge"},"content":{"rendered":"

Oil-Producing Countries’ Currencies Are Getting Crushed | Zero Hedge<\/a>.<\/p>\n

While most people’s attention has been focused on the demise of the Russian Ruble this year, since the June highs in Crude Oil, the\u00a0oil-producing nations of the world have seen their currencies devalue rapidly<\/strong>. From Brazil to Nigeria and Algeria, the impact of lower oil revenues is starting to create a\u00a0vicious circle for many of these nations<\/strong>… and having consequences for the very Petrodollar flows that the US relies upon…<\/p>\n

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Mission Accomplished – if the goal was crashing Russia’s Ruble – but the consequences of the collapsing Petrodollar flows\u00a0(as we noted here)<\/em><\/a>\u00a0may wellcome back to bite…<\/p>\n

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As we concluded previously,<\/a><\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

Oil-Producing Countries’ Currencies Are Getting Crushed | Zero Hedge. While most people’s attention has been focused on the demise of the Russian Ruble this year, since the June highs in Crude Oil, the\u00a0oil-producing nations of the world have seen their currencies devalue rapidly. From Brazil to Nigeria and Algeria, the impact of lower oil revenues […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3],"tags":[951,1135,594],"class_list":["post-1619","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-currency","tag-oil-exports","tag-oil-prices"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1619"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1619\/revisions"}],"predecessor-version":[{"id":1620,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1619\/revisions\/1620"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}