Pimpy

Pimpy – Dinar Guru  Quote: “Iraq’s significant reliance on oil makes it vulnerable to fluctuations in commodity prices…”  This is the one thing I was talking about…If you are 90% relying on oil sales to give you the money needed to run your country, this is not good. Because if the bottom falls out on oil prices your country is totally screwed.  We’re seeing that kind of happen a little bit right now.  Not major…but when Trump got back in there, now we are once again the #1 exporter of energy.  This is going to affect the overall market when it comes to oil…Increasing the non-oil GDP would be a huge help for Iraq… Their economy is doing pretty decent…They just need to maintain…This [report] will give you the overall idea…of what’s going on in Iraq and what to expect when it comes time to increase or decrease the Iraqi dinar.   https://bti-project.org/en/reports/country-report/IRQ#pos17 
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