Saturday, December 21, 2013

12-21-2013 Newshound Guru Kaperoni

12-21-2013   Newshound Guru Kaperoni    A member of the parliamentary economics warns of "significant risks" to the economy by relying on Iraq's oil resources.  70% of the revenue from oil in the budget is used to pay "operational expenses", salaries, wages, fees, etc.   If oil falls, Iraq is in serious trouble.  I believe the banking system is significant to Iraq.  [post 1 of 2....stay tuned]