Iraq is often described as a wealthy, oil-rich country — but the numbers tell a very different story. link to My FX Buddies Blog

Economic expert Manar Al-Obaidi warns that Iraq’s crisis is not about oil prices or cash shortages, but about the absence of real production outside the oil sector. According to the data, Iraq’s per-capita share of real non-oil production is shockingly low, placing the country alongside some of the poorest nations in the world.

If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠....In this video, we break down:
• Why oil wealth creates an * illusion of prosperity
• How salaries consume most non-oil output
• Why the private sector remains dependent on oil dollars
• What “productive independence” really means
• The urgent reforms Iraq needs to escape the cycle

This isn’t fear-mongering — it’s an honest look at the economic structure behind the headlines.

📌 Following Iraq’s Story — Don’t Give Up 💰🔥