Thursday, January 18, 2024

"RESPONSE TO PIMPY'S POST". BY FNU LNU, 18 JAN

 Fnu Lnu   

[Response to Pimpy's 1-15-2024 post below] 

 Iraq has more oil than Kuwait. They also have a huge, top of the ground, gold deposit...Iraq has a very large gas supply which would add nearly 3 billion cubic feet a day (bcf/d) – around 517,000 barrels of oil equivalent per day. This will fuel gas powered electricity production. This will eliminate Iran from the equation and they would lose their grip on Iraq

 [Response to Pimpy's Post 1-12-2024 below]

  ...Iraq is an "IMPORT COUNTRY" with, at this time, little to export except oil.  To rebuild the country, they will have to IMPORT almost everything they need so they WANT a very STRONG currency so they get much more for their Dinar...If they were an export country they would want a very cheap Dinar as is the case with Vietnam who profits from a vigorous export business due to cheap DONG.

https://dinarevaluation.blogspot.com/2024/01/response-to-pimpys-post-1-12-2024-by.html

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