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The Credit crunch and Iraq?

October 17th 2008 08:45
credit crunch and Iraq
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CNN's Phil Black reports on the mixed impact the global economic crisis is having on Iraq.

• Iraq, U.S. reviewing draft of status-of-forces agreement

• World Business News - Headlines, Stories and Video from CNN.com International












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Comment by Lester Caudill

October 17th 2008 13:52
Hey katyzzz as long as oil is high Iraq will prosper, but if it drops sufficiently their future will be much hard to build. Our economies are opposite than theirs high oil prices kill ours, and low oil prices kills theirs.

If only they could find another commodity to supplement for oil.

Comment by katyzzz

October 17th 2008 14:32
I have grave fears for the future of the world, and Iraq is just one aspect of it. But I do not believe that they are self supporting with so much assistance from American troops.

Comment by Lester Caudill

October 17th 2008 17:55
I agree katyzzz, but maybe soon they can stand on their own, but I fear it will take some time for that to happen, and it maybe a wobbly stand at first. For my country sake I hope it is very soon.

Comment by katyzzz

October 17th 2008 20:43
Yes, I think America did extremely well with war in Iraq, but they are now paying the price with Peace. I think they should have had more war and less peace, less loss of the lives of young American soldiers, it is all so very sad.

America has paid too high a price and receives little or no thanks for its efforts from delusional people who did not want to remember the horrors of 9/11 unless they were personally involved.

I wonder what brillian solution they had in mind I haven't heard any solutions mounted let alone viable ones just uninspirational rhetoric.

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