Wednesday, October 19, 2016

ISIS Loses Money Sources

By Micah Halpern
I've Been Thinking:

One of the most important effects of the United States' and Allies' strikes against ISIS in Mosul, is that the pounding and the invasion is resulting in the shrinking of ISIS resources and of monies immediately available to them.

The attack on Mosul is causing a shrinking of ISIS oil and gas and cash and bank accounts - essentials that have been the foundation of their state since 2014.

Most of these resources have now fallen back into the hands of the Iraqis.

ISIS has been forced to turn to other means of generating cash.

They are raising income by increasing their extortion and protection programs. They are also increasing their kidnapping efforts and are raising money from foreign supporters.

Without money, ISIS will die a slow death.

Micah@MicahHalpern.com 

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