Quote:
Originally posted by g.l.amour
i don't think there are any Iraqis or N-Koreans living there that can post here.
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I picked this up in Time magazine recently: you can surf the net for $1 an hour in Iraq, but the average monthly salary is $5, so they're surfing all right, if they're part of the elite.
I believe that Bush's reason to want to attack Iraq is not only oil related, it's also political: he can't get anyone's attention about his budget.
Well, he started it! Huffing and puffing about how he was going to attack any country that even remotely supported terrorism!
There is an estimate of the cost of war in the same article, and if I remember correctly, it's in the 35 B$ range (edit: includes the rebiud effort). Of course most analysts are quick to point out that the US won't pay all of it.
This is where, to me, it relates to oil: if you can stabilize the whole middle eastern region with a provisional government in Iraq, the price of oil should drop dramatically. This is good for Europe, but especially to the US, where the price at the pump has gone up 25% in the past six months. Heck, it might even allow the US to bypass OPEC, for a few years!
I'm still looking forward to a sub $200 9700.