Reply To: The effect of the united states invasion on Iraq.

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#1000848
squeak
Participant

Dont forget these effects

1. Immediate and permanent increase to oil prices (from a stable $30 per barrel)

2. Wild amounts of debt to fund the invasion

3. Rampant inflation due to printing money to fund the debt

4. Cheap money enables short term incentive induced sub prime lending

5. Near total collapse of US economy less than 6 years later.