My FX Buddies

Author: Tish Washington

Iraqi news mostly regarding movement in the process of them increasing the value of their currency the Iraqi Dinar.
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Language: en

Genres: News, News Commentary

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Iraq’s Wealth Is an Illusion — Here’s the Data
Wednesday, 24 December, 2025

Iraq is often described as a wealthy, oil-rich country — but the numbers tell a very different story. link to My FX Buddies BlogEconomic expert Manar Al-Obaidi warns that Iraq’s crisis is not about oil prices or cash shortages, but about the absence of real production outside the oil sector. According to the data, Iraq’s per-capita share of real non-oil production is shockingly low, placing the country alongside some of the poorest nations in the world.If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠....In this video, we break down:• Why oil wealth creates an * illusion of prosperity• How salaries consume most non-oil output• Why the private sector remains dependent on oil dollars• What “productive independence” really means• The urgent reforms Iraq needs to escape the cycleThis isn’t fear-mongering — it’s an honest look at the economic structure behind the headlines.📌 Following Iraq’s Story — Don’t Give Up 💰🔥