"OPEC production went from 30 million barrels a day to 33 million. They flooded the market, and it's lost them a lot of money. Look at the Saudis: they just floated a $17.5 billion debt offering, they earlier borrowed $10 billion from a group of international banks; they're selling part of Aramco - they're desperate for money."

--

Source : Source: www.sfgate.com

Gary Shilling

#Offering Quotes #Groups Quotes #Looks Quotes

“Heaven blew every trumpet and played every horn on the wonderful, marvelous night you were born.”
“I've achieved a certain amount of success and now I'm thinking about the good things I can do.”
“I love Nelly. He's such a great performer. He's so hyper and so am I.”
“And they all lived happily ever after (barring death, divorce, arrest for tax fraud, that incident with the pool boy...)”
“If I knew that, I'd fall in love over and over again. Hearts aren't supposed to be mended. If you fall in love and it doesn't work out, you get a broken heart. What comes out of that will make you a better lover and partner next time.”
“PSH - I am genuinely shocked, saddened and speechless. A truly wonderful man, with a magical touch. My hero. Thoughts are with his family”

Source : Twitter post from Feb 02, 2014
“One of the basic rules of the universe is that nothing is perfect. Perfection simply doesn't exist.....Without imperfection, neither you nor I would exist”
“Every event has a cause-that is ... for every event e1 there exists an event e2 (or a class of events e2, e3 ...) which precedes e1 and of which e1 is a necessary consequence.... If we assent to this statement then your "choice" to do A rather than B, whatever may have been at the time your sensation of freedom from any constraint, was entirely necessitated. You could not have done otherwise and hence, according to this conception of freedom, were not free.”

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