When Iraq was back in that ‘previous era’, let’s call it $3.22/$$2.80, they didn’t include all these [New revenue streams] that we’re talking about. Didn’t include $16 trillion worth of assets, natural resources that they have. They didn’t include the 350 billion pounds of silica… That’s powerful because that’s income that goes to support the value of the real effective exchange rate. Keep that in mind and you can see how this is playing out…
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