Making Big Money on Iraq

by Pete Moore
published in MER252

Kuwait has its diwaniyyas, Yemen its qat chews. But for languorous trade in rumor, gossip and flashes of political insight, there is no substitute for chain-smoking and eating Iraqi masgouf.

At one of several Iraqi establishments in Sharjah, a down-market cousin of Dubai in the United Arab Emirates, the host centered the bulging fish upon a table for six. “Iraq’s economy is like the fish,” he said, laughing. “How much you get depends on how quickly you eat.” It is an apt description of today’s Iraq -- the country’s patrimony is literally being divvied up and devoured.