Quote:
Originally posted by XXXManager
Some numbers you might want to know about Iraqi debts and "oil" money..
Iraqi income:
Oil estimated income/year US$10-12B
That is income - not profit.
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The new Iraqi economy will have a substancially higher income... the sanctions will be lifted.
Estimates are iraq has about 150 billion barrels of oil. (the kind cheaply pumped). At 20 bucks a barrel... this is three trillion dollars worth, enough to pay for the war, all their debts, and let them get on with their lives.