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Showing results for tags 'rv status'.
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STATUS OF THE RV So here we go again. Yet more proof that Iraqi’s economy does not need to grow any more at this time in order to get the value of the dinar to what we need for a fair and honest rate to be reflected. I quote from one of today’s articles – “The Prime Minister’s philosophy confirms that economic reform cannot be achieved without reforming the banking system, and therefore the priority begins with reforming the financial system.” What does this part of the article fully mean? Yes, the “priority” begins with reforming the financial system and currency reform is a large part of the financial system. It means the pillars of financial reform for Iraq start with the banking reforms and financial reforms. The currency reform is a priority as it is all part of the effort of the financial reforms. Iraq will never be able to raise enough the money to rebuild Iraq and its economy unless they first complete the needed banking and financial reforms needed to attract investors. Yes, they could have rebuilt Iraq already many times over in the past with all the stolen money by corruption schemes and greed. It is said that trillions of dollars have been stolen from Iraq. How did this happen? We all should know by now it was by corruption, but this reason is not enough to give us the full picture. What allowed the corruption and was it all even intentional? In other words, a set-up right from the beginning when these sanctions were placed on Iraq? Even the invasion itself was under false pretense and fraudulent reasons. Yes, fraud in Iraq has caused this situation.