There’s a bazinga in that thread posting about how Iraq’s economy is doing so well now and HDI is around the same as their neighbors! Problem is that obviously the economy was in the shitter during the 90s because of the brutal sanctions, and if you look at the HDI graph, it’s grown at around the rate as it did in the 90s during said sanctions (with a noticeable dip around 2003 🤔).
Also last year (or early this year?) the Iraqi dinar has been subject to financial war by the US as punishment for trading in USD to Iraq. The US has manipulated the exchange rate with the explicit purpose of causing harm to the Iraqi economy and therefore the people. Buying medicine is much harder and there’s a large black market for specialized goods and food not produced in Iraq. Wholesome chungus.
There’s a bazinga in that thread posting about how
Iraq’s economy is doing so well now and HDI is around the same as their neighbors! Problem is that obviously the economy was in the shitter during the 90s because of the brutal sanctions, and if you look at the HDI graph, it’s grown at around the rate as it did in the 90s during said sanctions (with a noticeable dip around 2003 🤔).
Also last year (or early this year?) the Iraqi dinar has been subject to financial war by the US as punishment for trading in USD to Iraq. The US has manipulated the exchange rate with the explicit purpose of causing harm to the Iraqi economy and therefore the people. Buying medicine is much harder and there’s a large black market for specialized goods and food not produced in Iraq. Wholesome chungus.