Is Iraq’s Economy TOAST? The Oil Crisis Explained!

📜 Iraq is staring down a massive economic crisis as oil revenues plummet and deficits soar! In this video, we dive deep into the looming fiscal disaster threatening Iraq’s economy. link to My FX Buddies Blog From declining crude oil prices to a lack of financial safeguards, experts warn that Iraq could run out of options in just TWO YEARS! Learn why 70% of Iraq’s money is hoarded outside banks, how the Central Bank’s failures are worsening the situation, and what urgent steps are needed to avoid a total collapse. Don’t miss this critical breakdown of Iraq’s financial turmoil and what it means for the future! If you 'd like to support My FX Buddies:⁠⁠https://cash.app/$tishwash⁠⁠Get a free transcript at ⁠⁠https://rss.com/podcasts/myfxbuddies/Key Topics Covered:Iraq’s $152.75 billion 2025 budget crisis15% drop in oil revenue: From $7.7B to $6.7BWhy non-oil revenue is stuck at 3–4%Cash hoarding and distrust in Iraq’s banking systemExpert warnings from economists and lawmakers Subscribe for more global economic insights and hit the bell to stay updated! Comment below: What do you think Iraq should do to avoid this crisis? Follow us on Spotify for exclusive audio content on global finance and economics!#IraqEconomy #OilCrisis #EconomicCollapse #GlobalFinance #MiddleEastNews