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Laid Back

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Laid Back last won the day on October 17 2015

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About Laid Back

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    Om sai Ram

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    Male
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    Hanging between trees
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    Surf, Yoga, Karate, Meditation, Jogging, Hiking, Camping, Reggae music, Travel, Nature.

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  1. If it come out at $.10 still a very good profit $100,000 per million dinar before tax. Go RV asap Go Go Go
  2. The visit to China is of major significance for Iraq and could lead to the upcoming economic revolution. Iraq geographic location is of significant importance for the new Silk Road. Go iraq Go China Go new Silk Road Go RV Go economic revolution
  3. Thanks for your input bkeiller, Let me start with this. I’m not an economist either, I’m a computer hardware engineer who likes to read and research. To calculate the value of a currency there is many different variables involved. Like you mentioned, value of the economy, GDP, Oil, Gas, minerals, industrial sector, real state, private sector, agricultural sector. The dinar is totally undervalued, Iraq is under exchange control and is using the dollar as an anchor of the economy. Closed Economy. I just did basic calculations dividing reserves by monetary mass in local currency They can cover the monetary mass in local currency by 247% I don’t think you are in a little bubble of ignorance, I think you are correct. Go RV asap Go $1:1+
  4. The visit to China is of major significance for Iraq and could lead to the upcoming economic revolution. Iraq geographic location is of significant importance for the new Silk Road. Go iraq Go China Go new Silk Road Go RV Go economic revolution
  5. Thanks for your input Arceo, The article said; “The foreign currency reserves are a cover for the local currency.” Foreign currency reserves $87 billion dollars The monetary mass in local currency is 42 trillion IQD 42 trillion IQD / 1190 actual rate = $35.3 billion dollars Foreign currency reserves $87 billion dollars / $35.3 in local currency = $2.47 $2.47 per IQD It means, they can easily revalue the dinar. Hope this help Go RV asap Thanks for your input my friend🤡 Very GOOD news 👏💰💵💰💵💰
  6. WoW, this is awesome 👏 With $87 billions in foreign currency reserves they can cover the monetary mass by 247% My friend we are sitting on a gold mine 💰💰💰 Thanks for the Article and your input. Go RV asap
  7. Thanks for your input ronscarpa, I appreciate all the info you bring to DV. have a nice day👍🏼😊
  8. The foreign currency reserves are a cover for the local currency. 💰💵💰💵💰 Foreign currency reserves $72 Billion dollars Money in circulation $42 Trillion IQD/1190 = $35.3 billion dollars $72 billion dollars / $35.3 billion dollars = $ 2.03 Go CBI Go Foreign Currency Reserve Go Dinar Go RV Go $1:1+
  9. “The project authorized the reconstruction council to enjoy wide powers such as contracting, supervision and supervision and implementation and management of major projects effectively, and create jobs, and maximize the benefit of Iraqi citizens from the state resources through the distribution of projects profits to them and give them priority to subscribe to the Council projects, and the implementation of development projects of economic importance for the development and diversification of resources Iraq physical and human, and the establishment of national sectors active and competitive free and advance development.” The is GOI moving in the right direction to benefit the Iraqi citizens. Go GOI Go projects Go reconstruction Go management Go benefits Go RV
  10. You are welcome aj1, I agree, good things are happening. I was thinking the Saudi Arabia drone attack, the US economic sanctions on Iran and Venezuela could be a golden opportunity for Iraq to cover the oil deficits and increase the dinar exchange rate. Go iraq Go oil production Go oil exports Go RV Go $1:1+ In my Opinion October 01 and January 01/20 are two days to watch.
  11. What a coincidence, I was thinking the same thing my friend, Iran under economic sanctions .... can’t export oil Venezuela under economic sanctions .... can’t export oil Saudi Arabia shot down half of oil production 5.3 mbpd after the attack. Who will cover the oil production deficits?..... Iraq 🇮🇶 Go iraq Go oil production Go oil exports Go RV Go $1:1+
  12. “Certainly, the financial situation in Iraq is reassuring and the deficits that are talked about are hypothetical, and that financial sustainability is not threatened with the presence of reserves at the Central Bank of Iraq and the government estimated at $ 87 billion, as well as a surplus ranging between $ 12 /13 billion and we in the last quarter From this year.” Words from Shabibi’s right hand man. Go iraq Go reserves Go financial sustainability Go RV Go $1:1+
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