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LarryM

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Everything posted by LarryM

  1. But let's look at the facts as adults and be logical! 1 - If the R/V doesn't occur by the latest hour of December 31, 2010, Iraq will be liable for $1+ Trillion worth of foreign debt. If they R/V before then they will only owe $200 Billion. These guys know what's at stake! S! 2 - People are saying that we're right back where we were 9+ months ago (even years ago). Not true. This is the first time since 1991 that the UN Sanctions (Chpt 7), or at least the important sanctions have been lifted, which were preventing this from taking place. 3 - One of the sanctions lifted was the Oil for Food program. Without that program the leadership of Iraq can no longer feed their people in exchange for oil. This means that they must start importing goods to feed the population, meaning they need an internationally recognized, tradeable currency. And in order to do that they need their official currency to be worth something, and that means revalue the dinar. If this doesn't happen, the GOI will become unstable (possibly fall apart), the people of Iraq will start rioting and the situation will get out of control. 4 - Everyone is worried about the GOI going on a 10 day vacation, and not having this all done by then. We must understand there are powers that be (waaaaaay above the GOI parliament) *cough* high counsel/Talibani *cough* that would not let anyone go if this issue wasn't resolved. There is TOO MUCH AT STAKE! Meaning that either the Dinar is going to R/V before this planned vacation or before the end of the year. Or this 2 week vacation thing is just another bunch of smoke being blown up our @$$!! Remember Maliki saying that there would be smoke floating around prior to the R/V? That and the GOI has worked too hard to let this all fall apart!
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