Latest Guru Opinions - Sunday - 9/16/2018

[ronscarpa]

 

9-16-2018   Newshound Guru Bloodloch   Once it begins (and it will become crystal clear what that "it" means when "it" happens), the velocity of money comes into play and, unless artificially restricted, I would not be surprised to see something quick, like a two month rise in the foreign exchange rate of the dinar to equal one dollar (the equilibrium point) assuming the change is unrestrictive and the Iraqis are left to their usual activities of working and selling and earning and banking and spending.  It could take longer if they (the CBI) restrict the natural rate of growth although I'm not sure why exactly they would do that since the Project is a zero-sum purchasing power game from start to finish....(post 1 of 2....see following)... 

9-16-2018   Newshound Guru Bloodloch   In fact, I would think that the faster they finish (reach the equilibrium point) the sooner the Iraqi people can start to gain the benefits of an expanding economy and enjoy some serious increases in real purchasing power. At that point, the newly equalized exchange rate, as well as in-country purchasing power, should begin to climb in general unison over time. So what is this trigger event? It's not so much the what, as the how. And beyond that, I won't elaborate. No sense in stirring the pot right as the chef is about to announce that it's soup.  We should all recognize it, as plain as the noses on our faces, when we see it....(post 2 of 2).. 

 

 

 

9-16-2018   Newshound Guru David M. Witty   In Iraqi election news, Sairoon & Building coalitions agree on Adil Abdul-Mahdi as next PM.

 

9-16-2018   Newshound Guru Kaperoni  As reported, if Adil Abdul-Mahdi is the next PM this is excellent news!

9-16-2018   Newshound Guru Kaperoni  [Is there any word on when that process will start?]  Only an educated guess can be made based on the urgency to maintain compliance, encourage investment and begin rebuilding putting people back to work. We also know they cannot begin until the formation of the new government.

9-16-2018   Intel Guru Frank26   I PROMISED TO GO SILENT...BUT IFORGOT TO MENTION ...I DON'T CARE WHO THE PM IS ...ABADI... MAHADI... GANDHI …LOL...

 

9-16-2018   Newshound Guru Kaperoni‏   Apparently Adil Abdul-Mahdi withdraws his nomination to be PM.   [reference Kaperoni and David M. Witty posts 9-16-2018]

 

9-16-2018   Newshound Guru Kirk H. Sowell  So it is now officially over for Iraqi Prime Minister Hayder al-Abadi's reelection. This press conference last night was a concession speech in every sense. His reelection effort is over... this was the end of his effort to obtain a second term.  Next, MPs have just now elected Muhammad al-Halbusi, currently Anbar governor, as the next speaker of parliament. This is breaking news. He belong's to Jamal al-Karbuli's al-Hal party.