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Everything posted by ametad

  1. US support with their fiat currency, must be supported by the IMF and as such through SDRs. Therefore I believe the connection and connection between the IQD and SDR is being tied to the USD and SDR in a relative way to allow for a change between the USD and IQD. This change hopefully will inject the inflation/money printing bubble through the SDR at the central bank level. This happened in 2008 at the FED (central bank level) in the US to kick this can down the road for a bit. QE. So, if this happens and the IQD is an instrumental tool, then that’s good for anyone holdi
  2. Last time they tried this and we’re going to trade oil in the Euro, Iraq was invaded for pressing WMDs...hmm, it’s an important and powerful issue. Working outside the USD Petrodollar is HUGE!!!!
  3. If his nose is growing and it’s Fake News, therefore it must be true!! 🤣😂
  4. House panel advances bill to repeal 2002 war authorization BY REBECCA KHEEL - 03/25/21 07:05 PM EDT A House panel advanced a bill Thursday that would repeal the 2002 authorization for the Iraq War. The House Foreign Affairs Committee voted 28-19 largely along party lines to approve the bill from Rep. Barbara Lee (D-Calif.) repealing the 2002 authorization for the use of military force (AUMF), advancing it to the House floor. Two Republicans, Reps. Ken Buck (Colo.) and Peter Meijer (Mich.), voted with Democrats in support of the bill. House Foreign Affai
  5. Delay, so surprising. I don’t even know where on this roller coaster ride we are anymore, it all feels the same; comfortably numb after so many cycles. Sounds like it’s time to take a break and regroup on Monday the 29th. But, I’ll probably keep watching things unfold.
  6. Ok, I found the 40 reasons the Kurds aren’t happy with the budget in the other thread. Hmm, I thought the budget was slated to go through today regardless. Anyways, as the dinar turns. . .
  7. Soon, maybe next week...🤣 feels like we’ve been here so many times!!! Promising news keeps coming out, maybe we will actually see some progress this season.
  8. Just let it be, it’s the nature human beings that drives the whole thing. Perhaps optimistically, they will change it back to as it was economically before the last series of wars in cooperation with the local region for the better. And perhaps it will be transcendent to reflect positively on the global scale as well. Only time will tell, soon we will know. All in all, it’s a fun dynamic to observe.
  9. Iraq's central bank devalues dinar by 22% amid public anger Iraq's central bank says it will devalue the national currency, the Iraqi dinar, by over 20 percent in response to a severe liquidity crisis brought on by low oil prices By SAMYA KULLAB Associated Press December 19, 2020, 1:17 PM ET • 4 min read FILE - In this Oct. 21, 2020 file photo, people shop at old Basra market, Iraq. A leaked draft of Iraq's state budget has spurre
  10. The reality of the situation is that Iraq and the IQD has just undergone a 26% devaluation. I was hoping for the other direction.
  11. I’d like to see this voted on and published. Glad to read they are working on the second reading now.
  12. Looks like the PKK (bad kurds) are being forced towards Syria. With Turkish cooperation and Erbil working with Baghdad on this, perhaps a full scale civil war in Kurdistan is being avoided. Progress towards stability in the northern Iraq region is well underway.
  13. I’m not aware of the full implications of this arresting campaign with respect to the Kurds. With that being said I am hopeful that this will help prevent a full scale civil war in the north. Also, I hope that this will strengthen Kurdistan as and within the framework of Iraq rather than allowing Turkish or Iranian counterparts to gain strength in the northern region.
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