Luigi asks...
Can Iraq afford to post bone the RV for another 3 to 4 years?
This is not so much a rumor as it is a question.
Treat as my own opine. Your opine.
There have been numerous articles & rumors out over the past month of so much revenues coming into Iraq from high oil prices that the RV is not such a high priority, anymore.
Iraq says it's monthly revenues are so high that it can afford to delay the RV & still have plenty of funds to increase their budget even more.
High oil prices won't last forever. Iraq needs to be thinking about their long term economic policies instead of just focusing on today's economic situation.
A global recession is coming & that means a lot less demand for Iraqi oil.
Hyper inflation also means consumers will be post boning major purchases such as autos, appliances & homes, including cutting back on energy consumption.
Can we be sitting here for many more years to come waiting for an RV/RI that may not be coming in the very near future?