Iraq has a surplus!
[Quote:]
Crude oil futures topped $112 in Wednesday’s intraday trading in New York — up from about $35 a barrel before the 2003 invasion of Iraq. Though Iraq’s oil exports have yet to top pre-war levels, the result of the price rise has been a $6.4 billion surplus for the Iraqi government, according to the Pentagon’s last quarterly report on the war.
Iraq has a budget surplus partly because they let the USA pay for just about all infrastructure building…