The Bottom Line
The Minyanville daily take on news, commentary and opinion from around the world:
Of all the things that could wreck the US dollar - and there are many, writes John Berthelsen in the Asia Times - the projected Tehran oil bourse, which is tentatively scheduled to open this month to trade crude and other petroleum products in euros rather than US dollars, is probably not among them.
- Bottom Line: New oil bourse pictured below? Sorry, dollar looks safe from here.
"Looking to capitalize on the Apple halo effect, three former company executives, including co-founder Steve Wozniak, took their new company, Acquicor Technology, public yesterday in an IPO raising $150 million," according to techdirt corporate intelligence.
- Bottom Line: iPo
A Hans-Harmann Hoppe article on the Mises.org site wonders: "Can individuals with divergent interests peacefully coexist under conditions of scarcity?" The answer? "Yes, by recognizing the institution of private property and its direct or indirect foundation through acts of original appropriation."
- Bottom Line: All I can say is any man who tells me we can't live together in peace better have a knife.
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