Iraq Bans U.S. Dollar Transactions - 253

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Episode 253:

Ahead of Joining BRICS, Iraq Issues Ban on U.S. Dollar Transactions

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It is better to have such move than end up with Lebanon where the dollarization is pretty much took over the country since its own currency failed.

dinaibrahim
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Sorry preppers, USD reserve status is worth a fraction of a percent of GDP. Maybe the US should leave the Fed too.

utilityaccount
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This is unstoppable now. USD is doomed. But not sure how this will change cryptomarket

bodyguardik
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*Iraq has around 45M people and a MUCH lower GDP than either the cities of Los Angles or New York City. If you added Iraq & Iran's combined GDP, they still wouldn't be close to being in the top 10 U.S states. It takes a lot of "talent" (corruption) to have that much oil and still be barely a 2nd world country.

JamesSmith-swnk
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i got a feeling saddam might need another invasion .

jediknight
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