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BGG: "It’s no wonder the Iraqi people are rising up" 10/13/19 I_icon_minitimeSun May 05, 2024 11:37 am by kenlej

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BGG: "It’s no wonder the Iraqi people are rising up" 10/13/19

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Post by RamblerNash Sun Oct 13, 2019 9:21 pm

BGG 

Article:  "Iraqis are floating on oil … and sinking into poverty, unemployment and corruption" Wow...They are saying almost exactly half of all the revenues Iraq produced between 2005-2017 were wasted due to corruption!  “…350 billion through currency smuggling, auction of the Central Bank and lagging contracts and fake projects”.  They also go on to talk about the oil reserves, the plan to revalue the Dinar and the current undervaluation of the Dinar;  “…which remains under the logical limit of the fifth largest oil producer in the world (1200 dinars per dollar)”.  Whoa… not bad. Not too bad at all... It’s no wonder the Iraqi people are rising up. They are sick of it. Good for them.


10/13/19

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