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edbeach

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Posts posted by edbeach

  1. Luigi -   The debt 35 Billion Dollars is this amount they have to pay the Paris Club or do they take away 80% OF this amount ? If they have to pay the total of 35 & can go to 50 Billion by end of this year. Then how can they be able to pay this amt even with increase of dinar plus increase of wages they have to pay. & plus all the other debts for the projects seems would be impossible of increasing their dinar to any high amount maybe increasing to 1/4 of a penny will help but not a dollar or more as people think will happen its a joke thinking this anytime soon.

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  2. BettyBoop- You mentioned Vietnam is a strong exporter yesterday and I can see as long as they keep the corrupt down. to be a lot stronger than Vietnam within next 5 years with all as many countries wanting to do business with Iraq. It seems many companies in the world want to do business with  Iraq, Hopefully they play their cards right will be a excellent investment for us investors in future.😀

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  3. Society -Thanks for your explanation I thought this was what Shabibi had stated lets hope they continue what Shabiti had said. Hopefully this thing ends shortly so everyone can go on with our lived & desires of life.

     

    Screwball- Agree also- I had made copies few years ago of most important info of dinar but my old computer I had used for over 10 yrs crashed and I lost all my info. As I was thinking back I remembered they had also talked about bring out a twenty dinar note but heard til the above article. Also back when Shabibi was around he had presented to management copies of notes he was presenting for approval for printing but he was chase out of countty by Maliki before getting any approval that I recall not hearing any further on this.

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  4. The article does not say anything about reducing the 25.000 dinar to 25 dinar but the article say the old currency would be good for 10 years. So how does the deletion come into play with this. My thought would mean the 25000 still be good for 25000 dinars or people would including the Iraqis would loose 24,975 dinars ? Son't understand this article in reducing the dinar notes . Wouldn't people be able walk in Banks getting value of 25,000 for 10 years?

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  5. This article is interesting. I completely forgot they were talking about a 20 dinar bill which I now remember some talk of this dinar. So article says "can't meet IMF article 8 obligation if you have a MCP structure "  is this reason they stopping the  US  market ? So if they stop the  US market would think then able go international, Just my thoughts on this,

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    • BettyBoop Thanks for your info, My comment was I don't believe because they have a low rate would not stop them from becoming a member. I am sure Vietnam has had a low rate for some time after the war we the US had with Vietnam  I had bought my dinar at banks & Traders but not recently have enough.

    BettyBoop- Another subject

    I have just obtained a puppy of 3 months old from a lady whom was 99 yrs old too much for her to handle. Since you are in Scotland you might have info about my puppy breed, she is a West Highland WhiteTerrier puppy very agressive pup. I understand they were started in Scotland in the 1800"s/ Thanks for any advise you may have.

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  6. Shabibi escaped from Iraq from the ass/hol@ Maliki and now has been dead for some time> Iraq is presumable a sovereigh Country. Irac has made many changes since and do what ever they please and we have to accept it or burn our dinar. I certainly hope they follow thru with the RV but we don't really know what they will do concerning the dinar. As we have seen in the past that they care less about their people then why should they care about we investors.They could give us the shaft and save themselves millions of dollars. As I have said before I don't trust anything they say most of the government is pro Iranian puppets. I guess we have to wait & see. JMHO

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  7. Well its looking more & more correct what Kaperoni has been saying all along if they delete the zeros would be a lop and not good for us investors. Now some are feeling there will be a lop by deleting the zeros reducing the dinar from 25000 down to 25 JMHO 

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  8. 16 hours ago, ronscarpa said:

    REMEMBER, no one really  knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... :twothumbs: RON 

     

     

    Nader From The Mid East   In 2001 they declare war with Iraq...There is a difference between ceasefire and the war is finished. For now it's ceasefire. No one declared the end of the war in Iraq. You see the coalition forces still there. You see the army. Maybe not a lot but they're still there. For Iraq to be free everybody have to get out of there. Any decisions Iraq made, anything Iraq do or does the United States ...have to say yes you can do it or not... The war didn't end. That's why you see Sudani coming out in the 15th of this month coming up to talk about the coalition to get out of Iraq.

     

    Walkingstick  Executive order 13303 was the protection of the DFI funds of their oil money. All protected by the United States of America...No one could sue Iraq. Now it's different, this executive order has come to an end...Iraq's new currency exchange rate is under the DFI funds ... 13303 was not sighed. This is good. It is fantastic because...as long as the executive order was in place Iraq could not reinstate its currency...:twothumbs:
     

     

    :tiphat:

    Your right Nader we should get out of Iraq as well as Iran the revo;ution Guard should get out of Iraq also and let Iraq be a soverign country without the infulrnce of other countries

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  9. So Freedom from the restrictions of the dollar will give confidence to the Iraqi currency according to above article. Does this mean Iraq is  article 8 approved  or still needs approcal by IMF which I believe they need approval of IMF& World Bank. I think this going be a real probelm on exchanging funds from other countries unless the US gives ok to continue using the American dollar. I would say get the approval of Article 8 before using the dollar now that you are free & sovereigh country

    JMHO

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  10. This seems reason why they have not RV pver last 20 yrs and stalling. Oh well looks like they getting ready to take off their training pants and put on the big boy pants. They screw up after this too bad no more crying  poor will have to stand on their own feet instead of begging for hand outs from other countries. Ao they want to join the Brics they better be dam sure is the right move.

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