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Managerial Finance discussion thread. I read recently that the Russian financial folks based their country's future budget on $50 per barrel for oil. The problem
Managerial Finance discussion thread.
I read recently that the Russian financial folks based their country's future budget on $50 per barrel for oil. The problem here is that the price of oil is volatile and has fallen lower than $50.
Do you think it's smart to base a country's budget base on a volatile commodity? Please discuss.
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