Pimpy

Question:  “What if Iraq un-pegged from the U.S. dollar?”  …it would have significant implications for the country’s economy as well as for its international trade and financial relations.  People are talking about un-pegging because of all the crap and stunts the United States pulls on Iraq causing the Iraqi dinar to lose its value…I think they would feel a lot more comfortable on de-pegging themselves if they had more than just oil providing the money for their budget.  If they had other revenue streams that would be big…I don’t think Iraq is in position quite yet to do that…