One of my readers asked me for comments on the outlook for the global economy. I saw this post on Paul Kedrosky’s site which I think does a very good job summarizing the situation, which effectively, is demand exceeding supply in every dimension. [It’s actually a passage from FT].
Iraq is one of the most resource-intensive areas of the Middle East, yet to date has perhaps some of the least actualization of that potential. The Kurdish autonomous area has fared better than the rest of the country, and in the first portion Qubad points out the political stability which has given them a 10