This is abit vague. Which video and what was simplistic about it? Just because someone studies economics and becomes a master or post grad it does not make them an expert. The British Queen went to the London School of Economics and in a speech she asked them all how come no one saw the 2008 crash coming? And none of them had an answer. Yet I know people who are not trained economists who have said all along that it is coming, not 'if' but 'when' it does it will change everything.some time back you shared a video asking Muslims to educate themselves about money and banking.
i shared it, and one of my friends who is a grad student studying econ in Spain rubbished it. he said it was too simplistic and it was like laymen talking about deep fiqh.
Iraq is in the hands of a puppet regime, its oil is owned by America. We can never be sure...but the MIC (military industrial complex) is a large part of the American economy for example Boeing (make commercial airplanes which they sell to countries), but they also get huge government subsidies from the American government to help create fighter jets. And Boeing is not the only company, Microsoft, Apple Intel all of them are like this. If there was no war all this welfare would stop. I would not even be that surprised to learn that these elites who profit from this supply weapons to the other side as well. It is not beyond the realms of possibility. Khair we can never know for sure what these people do behind closed doors...so arguing about it is pointless....
Some people suggest the Capitalist west (bankers and other elites) helped to create Soviet Russia and even sustained it. So anything is possible.