This is how your finances can change in one day…Here are two reason why the Swiss currency is so strong…Switzerland has a long history of low debt and fiscal responsibility. And the nation has hard assets such as gold reserves…What is the bottom line? Low debt and high gold reserves. According to Statista, Iraq has extremely high debt, the national debt is estimated at $210 billion US dollars by 2028. This is why Iraq booting its gold reserves by 2% in one day is breaking news and good news for Iraq…Once Iraq finds a path to reduce debt and increase revenue outside of the oil industry, its currency will increase in value. [Post 2 of 2]
