Iraq's chances of thriving are much better than most of the media would have us believe... After years of trade sanctions, and rampant counterfeiting, the Iraqi Dinar has plummeted from its pre-Gulf War value of over USD$3, to mere fractions of one US cent. What was once the equivalent of more than $82,500, can now be purchased for around $50. Can Iraq's economy achieve, in a free market, what it once achieved under a brutal dictatorship?.Fancy betting on Iraq's future? Then think about buying some dinars.
Tuesday, 2 August 2005
Betting on Iraq
A website called BetOnIraq.com points out that