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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (84738)3/21/2003 7:14:12 PM
From: Brian Sullivan  Read Replies (2) | Respond to of 281500
 
So can we get Jacob on the record.

After the war, do we Nation Build, or not in Iraq?



To: Jacob Snyder who wrote (84738)3/21/2003 7:34:38 PM
From: Rascal  Respond to of 281500
 
THey need a new currency.
Do you think it will be
the EURO or the Dollar?
Or Dollar 1.1 Backed by Iraqi-the-peoples-oil.

In the event that Iraq is reorganized after Hussein's removal, a new currency would be printed. It wasn't clear how the Saddam bucks would be converted for new currency.

"Whatever form it takes, the new currency it will be backed by petroleum," he said.

Central banks that hold stores of the Iraqi currency would probably be the first in line for the new Iraqi money.


nypost.com

Rascal@ callgeneralledger.com



To: Jacob Snyder who wrote (84738)3/21/2003 8:01:09 PM
From: Ilaine  Respond to of 281500
 
>>It is not possible to Build a Nation, without exercising sovereign power<<

They have to do it themselves. We can't do it for them. All we can do is provide the framework.

An analogy for the physician is dressing the wound so it can granulate from within.

We were lucky in Japan and Germany in that both had an incredibly strong civil society pre-war and a tradition of democracy, as well, admittedly not well-formed.

I believe we are lucky in Iraq, as well, for the same reasons. Maybe Iraq will be more like South Korea?