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link. Of course the reddit-logoors downvote bombed the people pointing this out.

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[-] BelieveRevolt@hexbear.net 28 points 1 year ago* (last edited 1 year ago)

There's a bazinga in that thread posting about how so-true Iraq's economy is doing so well now and HDI is around the same as their neighbors! Problem is that obviously the economy was in the shitter during the 90s because of the brutal sanctions, and if you look at the HDI graph, it's grown at around the rate as it did in the 90s during said sanctions (with a noticeable dip around 2003 🤔).

[-] ZapataCadabra@hexbear.net 4 points 1 year ago

Also last year (or early this year?) the Iraqi dinar has been subject to financial war by the US as punishment for trading in USD to Iraq. The US has manipulated the exchange rate with the explicit purpose of causing harm to the Iraqi economy and therefore the people. Buying medicine is much harder and there's a large black market for specialized goods and food not produced in Iraq. Wholesome chungus.

this post was submitted on 08 Nov 2023
178 points (100.0% liked)

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