Mnt Goat Part 1 of 2

  In Mnt Goat 

..a financial advisor to the Prime Minister, Mustafa Al-Kazemi, described the financial situation in Iraq, which is derived from crude oil revenues, as “excellent.”  Quotes:  “Iraq is in an excellent financial position at the present time, as during the past month alone, oil revenues increased to 11 billion dollars, and this is a very large number that has not been recorded for five decades (50 years).” ; “this is a positive aspect, regardless of the profitability of the economy.” It is telling us that they do not really need to develop the economy to any great extent with oil being so high as they have been telling us all along. They can still reinstate the dinar with all these other revenues.  [post 1 of 2….stay tuned]

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