Here are the key words....
How? Iraq is a crippled nation growing on the financial equivalent of
steroids, with money pouring in from abroad. National oil revenues and
foreign grants look set to total $41 billion this year, according to
the IMF. With security improving in one key spot-the southern
oilfields-that figure could go up.
This is not a naturally sustaining economy....it is being funded by
outside-government issued fiat currencies...all hoping to participate in
oil revenues generated by invading a sovereign country and stealing its
resources.
Mike