unirod
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Posts posted by unirod
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Come all pilgrims to see the meteorite housed within our black box!
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Impossible to build solid banking with a currency auction program! The rate is rigged and the banksters know it internationally! Stop the auctions and use an accepted currency value program Iraq!!
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I only see 2 children and one woman in all the photos on tour. Success would show women and children in multitudes on tour as they are the real shoppers! Yes this is a ribbon cutting ceremony, but where is the excitement ?
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Am I understanding this correctly? The corrupt Standard and Poors upgrades Iraq's credit rating since it's expecting Iraq to cut oil production and increase their debt? does this make any sense? further evidence that these credit rating agency's are a tool of financial corruption, waste and enriching the greed machine!
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4 minutes ago, Rockymtnhi said:
Only a fool puts their trust in banks.
Couldn't have said it any better!
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These guys always start rumoring the counterfeit currency busts when they are attempting to remove currency off the streets! several times every year!
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Why should anyone take the Moody's rating seriously anyway? remember the financial crisis a few years back? Why have any confidence in their unbiased rating since they have already proven to be a puppet of a corrupt financial system! IMO!
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The infrastructure destroyed was not worth 100-200 $Billion! In My Opinion!
We've seen the photos over the years of adobe mud homes and sub standard buildings.
It's the ancient antiquities that were priceless!
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not a hand out but a hand up! this is a good policy for building dignity in a society of people who know nothing of entitlement benefits in my opinion!
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43 minutes ago, DWS112 said:
Keywords was talking to an audience. He must have told them his solution?
Pardon me! but is this the plumbers crack convention in Baghdad? notice the picture on the wall!
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"unable to attract investors"
This is total nonsense! investors in the world community have invested hundreds of $Billions into Iraq, if not $Trillions!! these same investors want a return on their investment now! Added value to the Dinar makes these investors even more filthy rich! I intend to be in the same ranks of wealth!!!!
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With $40 Billion they could reconstruct Mosel 40 times! it probably was never worth even $1 Billion on a good day!! IMO
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Look at the perpetrators as the family who's husband just got sentenced to 11 years in prison for stealing milk and diapers 🤔
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Ticking time bomb. When otherwise responsible working citizens are being cheated by their own government effecting the acquiring of basic needs. If it's a problem in Kurdistan, it's a problem in all of Iraq. Still corruption at its finest!
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Those in the know understand the fractional reserve banking system only thrives because it's debt driven! No debt = no growth and prosperity!
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And this is why the CBI has been reducing the note count in circulation for several years? (At last report now at 1.3-1.4 Billion notes) only to start printing Trillions of Dinar? that is "if they stop the sales window" ? total propaganda for the uneducated IMO
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Bug Crisis? Just add it to the list LOL!!
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We live in a debt driven world. Wealth depends on debt!
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At it's opening the Bellagio Hotel Las Vegas was said to have cost $1 Billion. It's a beautiful opulent Hotel as I would guess the Iraqi CBI wants for itself! obviously they plan on bragging rights in the Arab world!
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So If the currency window was closed. And the Dinar exchange rate was indeed to go up to 3-4K. Wouldn't Iraq be even more attractive to foreign investors on a grand scale? Especially with Isis disposed of Established tax base across the board and Banking laws enforced etc.? Sounds like a lot of B/S to me no matter how old this article is.
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This is why the W/B and the IMF are corrupt and poorly managed institutions themselves! they are willing to loan $18 BILLION$$$ to another corrupt institution the GOI! So they must know something that the masses don't know?
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Private property rights must be secured and guaranteed for the banking system to truly thrive in Iraq. Or any nation for that matter. This is big news I'm surprised so few comments on this article.
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Out of the thousands of articles I've read. I have always wanted to know what is considered the new fiscal year for Iraq. Could it be the New Year according to the Islamic calendar? This is as close to getting an answer as I have ever read.
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In Iraq when top bankers only get fines instead of prison time. This will signal that Iraq has become civilized in their corruption and on par with the west!
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IRAQ'S SIBA GAS FIELD TO START PRODUCTION BY YEAR END Iraq, August 30, 2017
in Iraq & Dinar Related News
Posted · Edited by unirod
make more accurate
Is there any production quotas on LP Gas ? I have never read of any. So this seems a very lucrative way to make up for any shortfall in GDP for Iraq. It's too bad these idiots wasted years of LP by burning it off because of tribal and sectarian bickering!