There is TALK that Iraq isn’t able to use USD anymore. Or they won’t be able to, or they shouldn’t, or whatever. If Iraq is currently unable to use USD (that’s not entirely the case at the moment, but follow along) then they couldn’t conduct auctions, they couldn’t trade anywhere that uses the USD (that’s everywhere), and they would basically fall into absolute poverty and die of malnutrition. Does that sound like a serious possibility? Of course not.
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