SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hmaly who wrote (162344)2/27/2003 1:05:21 PM
From: i-node  Read Replies (1) of 1578510
 
However, even if Iraq triples its production to 6 mil b./ day, which is 2 bil bar. at $25/ bar. = 50 bil. / yr. That is only 2 k/ person. Not enough to rebuild Iraq, and repay the debts.

Oh, I disagree. First, I'm not sure what the limits of their production are. But whatever debts they have can take years to be repaid. And they DO have an economy other than oil production.

Don't misunderstand what I'm saying -- I think they have a long, hard road ahead. But I seriously doubt the United States will be spending large amounts of money on a "Marshall Plan" type investment in Iraq. I think a conceptual Marshall Plan is likely; but the source of the financing will come from within. In my view, at least...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News