Will open the Baghdad Stock Exchange and infiltrated .. Conference in London will turn Iraq into a bank to finance the bankrupt states

[Butifldrm]

I found a little different spin on this article from another site.

Sources for (UR): a Conference in London to sell Iraqi banking sector

Created on Saturday, 15 September 2012 08: 14 | طباعة | البريد الإلكتروني

Baghdad/Orr news

Financial sources said that Iraqi investment conference in the Iraqi banking sector, which will be held in London on 18 and 19 of the month,Will make Iraq banks to finance the bankrupt economies and saving banks in Europe and the United States, as is the case with the banking sector.

According to sources, she is an expert bso'on, finance and economy that Iraqi officials view on investment opportunities in the financial sector would pave to sell Iraq to foreign banking sector, leading to the enactment of laws to facilitate foreign companies to penetrate the Iraqi banking sector, identify core projects to project penetration.

The sources, speakingAgency (UR) and did not want to disclose their identity,The process of investing in the Iraqi banking sector will turn Iraqi State development effort from the Central Bank to banks and private financing and inundating the private sector debt, in addition to laying the foundations for the development of private banks at the expense of the Government and State funds.

Sources said that the barriers existing in investors in the financial sector will lead to liquidity of suction Street and productive market for banks and destroy any chance for the future to use liquidity in the industrial sector, transforming the infrastructure project financing to the banking sector and linking infrastructure foreign ownership.

She said that such a plan if, will be by sources, will make the Baghdad stock market open, breaking by foreign firms, in return for the scenario that happened in South-East Asia in the 1980s and caused the bankruptcy of the States.

And drawn to the prospective investment will develop the insurance sector to link citizen laws force foreign companies to pay to have a property or liquidity in preparation for the privatization of the health sector and service in the next phase of meetings.

According to sources, that this Conference be held in, knock (Grange Tower Bridge Hotel) situated in thePrescot Street45Not the first of its kind to sell Iraqi riches, was preceded by theConference on 7 and 8 September 2011 to sell the mineral wealth under the banner of investment, and after a Conference on 18 and 19 April 2012 to sell refineries.

And learned (UR) that a high-level Iraqi delegation will attend the Conference, and includes among its members both rose Nuri Shaways Qusay Suhail and Sinan Al-Shabibi, Haidar Al-Abadi Ali Yousif Al-Shukri Al-Issawi, and Sami Al-araji Uploader and owner Mohammed daraji hamdiya dry and the appearance of Mohammed Saleh.

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Furagency.net%2F2012-03-11-16-31-52%2F2012-03-11-16-33-57%2F9544-2012-09-15-08-14-11.html

[Carrello]

Spinners!!!!!!!!!!!!!!

What a visual.............

Carrello you ARE the best!!!

Gotta meet you in VEGAS Baby!!!

Drinks on me..........................

Quad

I accept!

[gregp]

Did they let the cat out of the bag or bragging?

They can brag all they want!! That cat just ripped the sack baby!! Dang! This is one, if not the best article yet.

[Boozer]

We should all know by thursay, so I can quit my job Friday and have one he@# of a weekend.

[SgtFuryUSCZ]

The Dude Abides...

***///

[rsskelton]

Yota my friend; Another great find! Wish I could give you all my +'s for the day' especially if this means what it sounds like. TY,

RSS

[Boozer]

Lets see if I have this right, Maliki is in NY to ask for release of chalpter 7 ( dont you need a currency worth. Something ) , Shabibi is in london to bail out everyone ( again dont you need a currency worth something ) SHABIBI SAID Talabani would announce the RV and he is back in Iraq monday.Did i not just read the Minister has been named, and Ebril is to pass tuesday. And the WTO is back in Iraq Monday ..

IS IT ME OR ARE ALL THE DUCKS GETTING IN A ROW..

[SgtFuryUSCZ]

***///

Like we said the other day....

If it walks like, smells like, looks like...

QUACK, QUACK, baybee!

Here's hopin'...!

[RVPleaseToday]

So Iraq, whose currency is pegged to the U.S. dollar, is going to RV the dinar and bail out the United States? Using those dollars? I think this is a bad translation or misunderstanding of what is being translated.

[yota691]

Economy

Economist: political will stand in front of re-structuring of the Rafidain and Rasheed

Views 19

Posted 16/09/2012 07:06 PM

Baghdad / follow-up of the East: - said economic expert Majid picture he fears not far from the government privatization of the banking sector, but it may appear after the implementation of the re-structuring of the Rafidain and Rasheed. He said in a statement to the National Iraqi News yesterday: "The privatization of state-owned banks is not the key issue, as may not be privatized unless the implementation of the restructuring of the Rafidain and Rasheed," adding that the resolutions and recommendations issued on restructuring, but the political will stand in front of re- restructuring of the banks. He explained that he: "If there is implementation of the restructuring, it will improve dramatically the performance of banks by relying on the decisions of the Basel Committee on the first, second and third, which supports separation of administration from the capital and the adoption of good government and that of the most important re-organizational structure of the Iraqi banks to commensurate with the work of international banks . "The Basel Committee is a coalition between international banks large works to lay the foundations necessary for the management of banks to function properly and provide better services to its customers. noted that one of the local media quoted parliamentary sources high as saying that an Iraqi delegation senior will attend the investment conference in the banking sector and banks in Iraq to be held in London on 18 and 19 of this month. delegation includes both first deputy chairman of the House of Representatives Qusay al-Suhail and Deputy Prime Minister Ruz Nuri Shawis and Iraqi Central Bank Governor Sinan al-Shabibi and his deputy appearance of Mohammed Saleh and economic committee chairman Alnbabih Haider al-Abadi, ministers Planning Ali Yousef Shukri and financial Rafie al-Issawi and Construction and Housing Mohammed Darraji and Prime heya National Investment Sami al-Araji and director of TBI Hamdiya dry. quoted medium for financial sources Iraqi saying "that the conference will make Iraq a bank to finance the economies bankrupt and saving banks Europe and the United States as the case with the GCC banking sector, and that Iraqi officials investment opportunities in the financial sector will pave the sale to Iraq of foreign banking sector, and thus lead to enact laws to facilitate penetration of foreign companies to the Iraqi banking sector, and identify key projects for the start of the draft financial penetration. " She said those sources "that the investment process in the Iraqi banking sector would lead to conversion effort to develop the Iraqi state from the central bank to private banks and flooding the private sector debt, in addition to laying the groundwork for the development of private banks at the expense of government and linking state funds." And considered that the removal of barriers in general investors in the financial sector will lead to "suction liquidity of the street and productive market for the benefit of banks and destroy any future opportunity to use the liquidity in the industrial sector, and convert financing of infrastructure projects to the banking sector and infrastructure linking foreign ownership." She noted, "that if this plan has, will make Baghdad market for securities uncovered and infiltrated by foreign companies, in return for a scenario that occurred in Southeast Asia in the eighties of the last century and caused the bankruptcy of those countries.

http://www.almashriqnews.com/inp/view.asp?ID=27996

[cbisinger]

Economy

Economist: political will stand in front of re-structuring of the Rafidain and Rasheed

Views 19

Posted 16/09/2012 07:06 PM

Baghdad / follow-up of the East: - said economic expert Majid picture he fears not far from the government privatization of the banking sector, but it may appear after the implementation of the re-structuring of the Rafidain and Rasheed. He said in a statement to the National Iraqi News yesterday: "The privatization of state-owned banks is not the key issue, as may not be privatized unless the implementation of the restructuring of the Rafidain and Rasheed," adding that the resolutions and recommendations issued on restructuring, but the political will stand in front of re- restructuring of the banks. He explained that he: "If there is implementation of the restructuring, it will improve dramatically the performance of banks by relying on the decisions of the Basel Committee on the first, second and third, which supports separation of administration from the capital and the adoption of good government and that of the most important re-organizational structure of the Iraqi banks to commensurate with the work of international banks . "The Basel Committee is a coalition between international banks large works to lay the foundations necessary for the management of banks to function properly and provide better services to its customers. noted that one of the local media quoted parliamentary sources high as saying that an Iraqi delegation senior will attend the investment conference in the banking sector and banks in Iraq to be held in London on 18 and 19 of this month. delegation includes both first deputy chairman of the House of Representatives Qusay al-Suhail and Deputy Prime Minister Ruz Nuri Shawis and Iraqi Central Bank Governor Sinan al-Shabibi and his deputy appearance of Mohammed Saleh and economic committee chairman Alnbabih Haider al-Abadi, ministers Planning Ali Yousef Shukri and financial Rafie al-Issawi and Construction and Housing Mohammed Darraji and Prime heya National Investment Sami al-Araji and director of TBI Hamdiya dry. quoted medium for financial sources Iraqi saying "that the conference will make Iraq a bank to finance the economies bankrupt and saving banks Europe and the United States as the case with the GCC banking sector, and that Iraqi officials investment opportunities in the financial sector will pave the sale to Iraq of foreign banking sector, and thus lead to enact laws to facilitate penetration of foreign companies to the Iraqi banking sector, and identify key projects for the start of the draft financial penetration. " She said those sources "that the investment process in the Iraqi banking sector would lead to conversion effort to develop the Iraqi state from the central bank to private banks and flooding the private sector debt, in addition to laying the groundwork for the development of private banks at the expense of government and linking state funds." And considered that the removal of barriers in general investors in the financial sector will lead to "suction liquidity of the street and productive market for the benefit of banks and destroy any future opportunity to use the liquidity in the industrial sector, and convert financing of infrastructure projects to the banking sector and infrastructure linking foreign ownership." She noted, "that if this plan has, will make Baghdad market for securities uncovered and infiltrated by foreign companies, in return for a scenario that occurred in Southeast Asia in the eighties of the last century and caused the bankruptcy of those countries.

http://www.almashriqnews.com/inp/view.asp?ID=27996

No Folks. It doesn't say all those rich rosy things at all. READ IT AGAIN! key words

"said economic expert Majid picture he fears not far from the government privatization

Then a lot of waffle basically saying BUT...

THEN WHAT SHES GETTING AT, WHICH IS...

And considered that the removal of barriers in general investors in the financial sector will lead to "suction liquidity of the street and productive market for the benefit of banks and destroy any future opportunity to use the liquidity in the industrial sector, and convert financing of infrastructure projects to the banking sector and infrastructure linking foreign ownership." She noted, "that if this plan has, will make Baghdad market for securities uncovered and infiltrated by foreign companies, in return for a scenario that occurred in Southeast Asia in the eighties of the last century and caused the bankruptcy of those countries.

In other words she donsn't want that senario, thats all this is saying.

Don't give up the day job, nothings changed.

[nemesis760]

I found a little different spin on this article from another site.

Sources for (UR): a Conference in London to sell Iraqi banking sector

Created on Saturday, 15 September 2012 08: 14 | طباعة | البريد الإلكتروني

Baghdad/Orr news

Financial sources said that Iraqi investment conference in the Iraqi banking sector, which will be held in London on 18 and 19 of the month,Will make Iraq banks to finance the bankrupt economies and saving banks in Europe and the United States, as is the case with the banking sector.

According to sources, she is an expert bso'on, finance and economy that Iraqi officials view on investment opportunities in the financial sector would pave to sell Iraq to foreign banking sector, leading to the enactment of laws to facilitate foreign companies to penetrate the Iraqi banking sector, identify core projects to project penetration.

The sources, speakingAgency (UR) and did not want to disclose their identity,The process of investing in the Iraqi banking sector will turn Iraqi State development effort from the Central Bank to banks and private financing and inundating the private sector debt, in addition to laying the foundations for the development of private banks at the expense of the Government and State funds.

Sources said that the barriers existing in investors in the financial sector will lead to liquidity of suction Street and productive market for banks and destroy any chance for the future to use liquidity in the industrial sector, transforming the infrastructure project financing to the banking sector and linking infrastructure foreign ownership.

She said that such a plan if, will be by sources, will make the Baghdad stock market open, breaking by foreign firms, in return for the scenario that happened in South-East Asia in the 1980s and caused the bankruptcy of the States.

And drawn to the prospective investment will develop the insurance sector to link citizen laws force foreign companies to pay to have a property or liquidity in preparation for the privatization of the health sector and service in the next phase of meetings.

According to sources, that this Conference be held in, knock (Grange Tower Bridge Hotel) situated in thePrescot Street45Not the first of its kind to sell Iraqi riches, was preceded by theConference on 7 and 8 September 2011 to sell the mineral wealth under the banner of investment, and after a Conference on 18 and 19 April 2012 to sell refineries.

And learned (UR) that a high-level Iraqi delegation will attend the Conference, and includes among its members both rose Nuri Shaways Qusay Suhail and Sinan Al-Shabibi, Haidar Al-Abadi Ali Yousif Al-Shukri Al-Issawi, and Sami Al-araji Uploader and owner Mohammed daraji hamdiya dry and the appearance of Mohammed Saleh.

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Furagency.net%2F2012-03-11-16-31-52%2F2012-03-11-16-33-57%2F9544-2012-09-15-08-14-11.html

That line kind of bursted my bubble... not ruling out something major this week though.

[Alexyn1006]

i wish there were another interpretation of this article.

Hope this helps, Trinity.

Sources for (UR): a Conference in London to sell Iraqi banking sectorUr news agency -15/09/2012-11: 26 am | Hits: 75

Baghdad/Orr news

Financial sources said that Iraqi investment conference in the Iraqi banking sector, which will be held in London on 18 and 19 of the month, Will make Iraq banks to finance the bankrupt economies and saving banks in Europe and the United States, as is the case with the banking sector.

According to sources, she is an expert bso'on, finance and economy that Iraqi officials view on investment opportunities in the financial sector would pave to sell Iraq to foreign banking sector, leading to the enactment of laws to facilitate foreign companies to penetrate the Iraqi banking sector, identify core projects to project penetration.

The sources, speaking Agency (UR) and did not want to disclose their identity, The process of investing in the Iraqi banking sector will turn Iraqi State development effort from the Central Bank to banks and private financing and inundating the private sector debt, in addition to laying the foundations for the development of private banks at the expense of the Government and State funds.

Sources said that the barriers existing in investors in the financial sector will lead to liquidity of suction Street and productive market for banks and destroy any chance for the future to use liquidity in the industrial sector, transforming the infrastructure project financing to the banking sector and linking infrastructure foreign ownership.

She said that such a plan if, will be by sources, will make the Baghdad stock market open, breaking by foreign firms, in return for the scenario that happened in South-East Asia in the 1980s and caused the bankruptcy of the States.

And drawn to the prospective investment will develop the insurance sector to link citizen laws force foreign companies to pay to have a property or liquidity in preparation for the privatization of the health sector and service in the next phase of meetings.

According to sources, that this Conference be held in, knock (Grange Tower Bridge Hotel) situated in thePrescot Street45 Not the first of its kind to sell Iraqi riches, was preceded by the Conference on 7 and 8 September 2011 to sell the mineral wealth under the banner of investment, and after a Conference on 18 and 19 April 2012 to sell refineries.

And learned (UR) that a high-level Iraqi delegation will attend the Conference, and includes among its members both rose Nuri Shaways Qusay Suhail and Sinan Al-Shabibi, Haidar Al-Abadi Ali Yousif Al-Shukri Al-Issawi, and Sami Al-araji Uploader and owner Mohammed daraji hamdiya dry and the appearance of Mohammed Saleh.

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3a%2f%2fwww.alrafedain.net%2findex.php%3fshow%3dnews%26action%3darticle%26id%3d82401

And here's this one, Trinity.

Economist: political will hinder the Rafidain Bank restructuring and rational 16/09/2012 11: 12: 00Baghdad/Nina/Economist Majid mock it now fears privatization of the banking sector, but may appear after you perform the Rafidain Bank restructuring and rational.

He said national Iraqi news agency/Nina/today: "privatization of State banks is not the fundamental issue, which cannot be privatized unless implementation of the restructuring of the Rafidain Bank and Rasheed," Noting that the decisions and recommendations were issued regarding the restructuring but the political will hinder restructuring of banks.

He said: "If the implementation of the restructuring that will improve dramatically the performance of banks by relying on decisions of the Committee on Basel I, II and III which supports separation of the Department capital and adopt good governance and that the most important organizational restructuring Iraqi banks to global banks."

The Basel Committee is a coalition of large international banks working to lay the foundations for bank management to function properly and provide better services to its customers.

The one local media quoted parliamentary sources as saying high Iraqi delegation will attend a high-level Conference on investment in the banking sector and Iraqi banks to be held in London on 18 and 19 of the month.

Delegation includes both first Deputy Chairman of the House of Qussay Suhail and Deputy Prime Minister Nuri Shaways, rose Central Bank Governor Sinan Al-Shabibi, Deputy Iraqi appearance of Mohammed Saleh and Chairman of the Economic Committee alnbabet Haider Al-Abadi, planning and finance Yousef Al-Shukri Al-Issawi uploader, reconstruction and housing Mohammed daraji owner and Chairman Sami Al-araji heh national investment and the Director of the Iraqi bank of Commerce hamdiya dry.

Quoting financial sources, the medium as saying Iraqi "that the Conference will make Iraq banks to finance the bankrupt economies and saving banks in Europe and the United States, as is the case with the Gulf banking sector and that Iraqi officials offered investment opportunities in the financial sector would pave to sell Iraq to foreign banking sector, leading to the enactment of laws to facilitate foreign companies to penetrate the Iraqi banking sector, identify core projects to financial penetration project."

Those sources said that "the process of investing in the Iraqi banking sector will lead to the development of the Iraqi State conversion effort from the Central Bank and private banks to flood the private sector debt, in addition to laying the foundations for the development of private banks at the expense of the Government and State funds.

It considered that the existing barriers in investors in the financial sector would lead to "suction and street market liquidity for the productive banks and destroy any chance for the future to use liquidity in the industrial sector, transforming the infrastructure project financing to the banking sector and linking infrastructure ownership".

"This plan if Baghdad market, will make for an overt and breaking the securities by foreign firms, in return for the scenario that happened in Southeast Asia in the 1980s and caused the bankruptcy of those States"./5 finished

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3a%2f%2fwww.ninanews.com%2farabic%2fNews_Details.asp%3far95_VQ%3dGDHKLE

[McHales Navy]

Thanks for the post.

Well…. Whoever wrote this article,

if their intent is to curb speculation, I would say they’re doing a really bad job of it.

I’ll stand fast until we see real live circumstantial evidence.

Certainly a step in the direction though that got me following this in the first place.

A wild wild world this is, for sure.

Edited September 17, 2012 by McHales Navy

[wouldchip]

Here we go again. Don't quit your day job just yet!!!

[TrinityeXchange]

thank you all again for helping me with multiple translations of this article. it took me a while to formulate a clear opinion of what is being conveyed and i finally came to MY conclusion of things. for anyone interested here it goes.

The article in the OP was composed by the author, an expert in finance and economics, in staunch admonishment to the country of the dangers about to take place to their country. Her views are in direct contrast to those of Iraqi Officials for she sees these "investment opportunities" as anything but positive for Iraqi's economic future. She believes that Iraq is being sold to the global banking cartel and will lead to the enactment of laws facilitating these companies to take over the Iraqi banking sector and eventually core projects taking place in Iraq.

she is an expert bso'on, finance and economy that Iraqi officials view on investment opportunities in the financial sector would pave to sell Iraq to foreign banking sector, leading to the enactment of laws to facilitate foreign companies to penetrate the Iraqi banking sector, identify core projects to project penetration.

Continuing, the huge investment effort into the banking sector being solicited for in London will divert financial attention from developing other sectors in the State/Country toward banks and the private sector. Funds that would have gone toward the public institutions will be spent toward developing the private banking entities.

The sources, speaking Agency (UR) and did not want to disclose their identity, The process of investing in the Iraqi banking sector will turn Iraqi State development effort from the Central Bank to banks and private financing and inundating the private sector debt, in addition to laying the foundations for the development of private banks at the expense of the Government and State funds.

Because of the current barriers preventing investors from contributing to the financial sector, public money must be diverted from encouraging a productive marketplace toward the propping up the banks hence killing all of the liquidity for the sake of a robust banking industry. This will dry up any funds for developing infrastructure projects for the sake of the banking industry causing the infrastructure to be funded by foreign investment which will lead to foreign ownership of Iraq's infrastructure.

Sources said that the barriers existing in investors in the financial sector will lead to liquidity of suction Street and productive market for banks and destroy any chance for the future to use liquidity in the industrial sector, transforming the infrastructure project financing to the banking sector and linking infrastructure foreign ownership.

Finally she proposes that this will destroy the ISX (Iraqi Stock Exchange) as foreign ownership and saturation into the country will leave Iraqi markets destitute. The foreigners will pretty much suck all life out of the country.

She said that such a plan if, will be by sources, will make the Baghdad stock market open, breaking by foreign firms, in return for the scenario that happened in South-East Asia in the 1980s and caused the bankruptcy of the States.

She discusses the future dealings to come afterwards will be a flock of investors drawn to the prospects of opportunities in the country will lead to citizen laws being extended to foreign companies who will want property rights. The insurance sector will become largely developed because of this. Then will be the privatization of the health industry in the next phase of selling off the people's nation. This is not the first meeting of its kind where we have seen Iraqi people's national wealth sold off to foreigners.

And drawn to the prospective investment will develop the insurance sector to link citizen laws force foreign companies to pay to have a property or liquidity in preparation for the privatization of the health sector and service in the next phase of meetings.

According to sources, that this Conference be held in, knock (Grange Tower Bridge Hotel) situated in thePrescot Street45 Not the first of its kind to sell Iraqi riches, was preceded by the Conference on 7 and 8 September 2011 to sell the mineral wealth under the banner of investment, and after a Conference on 18 and 19 April 2012 to sell refineries.

And learned (UR) that a high-level Iraqi delegation will attend the Conference, and includes among its members both rose Nuri Shaways Qusay Suhail and Sinan Al-Shabibi, Haidar Al-Abadi Ali Yousif Al-Shukri Al-Issawi, and Sami Al-araji Uploader and owner Mohammed daraji hamdiya dry and the appearance of Mohammed Saleh.

THE ADVERSE VIEWPOINT by Economist Majid -

Majid answers this view quite mockingly. He states that privatization of the banking sector can't even happen until there is first a restructuring of the Publicly owned banks. And that privatizing the state banks is so far away from realization because the current political structure will never allow it.

Economist: political will hinder the Rafidain Bank restructuring and rational 16/09/2012 11: 12: 00Baghdad/Nina/Economist Majid mock it now fears privatization of the banking sector, but may appear after you perform the Rafidain Bank restructuring and rational.

He said national Iraqi news agency/Nina/today: "privatization of State banks is not the fundamental issue, which cannot be privatized unless implementation of the restructuring of the Rafidain Bank and Rasheed," Noting that the decisions and recommendations were issued regarding the restructuring but the political will hinder restructuring of banks.

Furthermore, he explains that implementation of the restructuring is a good thing because it will improve the performance of the banks as they will be regulated under Basel policies as opposed to what is allowed to take place currently namely the lack of good governance and collusion. Most importantly the banks will be able to extend their scope from national to global. That Basel provisioning is exactly what the banking sector needs because it will lay good management foundations and help banks provide better services to its customers.

He said: "If the implementation of the restructuring that will improve dramatically the performance of banks by relying on decisions of the Committee on Basel I, II and III which supports separation of the Department capital and adopt good governance and that the most important organizational restructuring Iraqi banks to global banks."

The Basel Committee is a coalition of large international banks working to lay the foundations for bank management to function properly and provide better services to its customers.

MY OPINION -

I'm with Economist Majid who is not stuck with a small minded mentality concerning economics. The world is now global and it is death to you if you don't adapt with it. Iraq is already far behind as Hussein kept the country purposely in the dark ages not even allowing mobile phones to the citizenry. This is a lot of what Shabibi has been up against where engineers and electricians and dentists turned politicians want to debate with him against how to transform an economy from a loser to a winner.

The words of the lady economist are not wasted though. She is right in certain facts and this is good for us investors. Iraq, and according to the Strategic Framework Agreement, has already agreed to undergo massive reforms and encourage the foreign investor into the country. I for one am looking forward to what comes out of this meeting in London.

And for those who don't realize the importance of London, it is pretty much the belly of the beast. It is the birth place of the Central Banking Cartel. Shabibi wouldn't dare go there with a underrated plan. He is going to present to them something of massive proportion. Shabibi is ready to see Iraq explode into the economic center of the Middle East.

Be blessed my friends. And thank you all again for sharing and helping me formulate my own opinion of what these events mean.

[TrinityeXchange]

any additional opinions on this article?

[Carrello]

Trinity, we truly are living in a world environment that is interconnected, and you must work with a macro vs micro viewpoint if you are one of the type of individuals like Dr. Shabibi if you are to be successful. This would be a difficult paradigm to adjust if you have been engaged with the business world of Iraq only, so the lady gets a break, but if you aren't capable of that adjustment, maybe you should not make comments to the press.

The most interesting part of this news is part about bankrupt states. It has been theorized that Shabibi will go into a free float shortly, he has retrieved as much dinar as possible in country, and must have some type of hold of the sales to dealers outside of Iraq, and knows what is available for sale. Whatever 000 dinar is available in country, the Iraqis will take part in the buy bullion program more than likely, so there will not be much of a payoff in-country. Many, many Americans will cash out at one cent and it will be cashed out through a facilitator, that was selected on 9/15, our government buys it. The IQD is expected to reach ten cents very quickly, and one dollar by the first of the year. When our government buys the IQD from us at one cent or ten cents, they reap the benefit when it goes to one dollar and upward.....hence the bankrupty statements.

If the IQD is cashed in at , let's say one dollar, where do they get the money to pay for it? Starting low, buying it up, and waiting for it to go up while in their coffers is smart.

The theory seems to be coming true before us and is much more complex than I had stated here.

Naturally, this is all my opinion only, and I always enjoy and learn from your analysis. Thank you, Trinity.

One question is how to you keep a floating currency from great fluxuation when you basically have one commodity - oil, and perhaps Dr. Shabibi has that figured out as well, which I am sure he has.

This is Kaperoni and Enorrste's theory

[zigmeister]

I just finished the call in with Kap and Enorrste' s theory, I like it! I also have to give Adam some credit because this appears to follow what he believes will happen. Before I had not considedred they would go to a free float, or managed float so this works in line with incremental walk up to a dollar or more. I for one believe we will have a short period of time to cash in with our three zero's before they bring in the new currency, which would be the moment when the zero's are killed. Just my thoughts on this.

[easyrider]

I just finished the call in with Kap and Enorrste' s theory, I like it! I also have to give Adam some credit because this appears to follow what he believes will happen. Before I had not considedred they would go to a free float, or managed float so this works in line with incremental walk up to a dollar or more. I for one believe we will have a short period of time to cash in with our three zero's before they bring in the new currency, which would be the moment when the zero's are killed. Just my thoughts on this.

Kap and ennorste pointed out that it would come out low and by their fiscal year in beginning of 2013 when the process of deleting the 3 zeroes begins they must be at par with the USD and that makes total sense to me. Now will this play out? i dont know, but once companies see that they raised the value and they are letting it float then it will shoot up no doubt companies will be pouring in and after this conference im sure good things are coming our way. All nations will come to her, kings of all nations and Babylon shall RISE again!!! it is written.

Edited September 18, 2012 by easyrider

[Carrello]

I just finished the call in with Kap and Enorrste' s theory, I like it! I also have to give Adam some credit because this appears to follow what he believes will happen. Before I had not considedred they would go to a free float, or managed float so this works in line with incremental walk up to a dollar or more. I for one believe we will have a short period of time to cash in with our three zero's before they bring in the new currency, which would be the moment when the zero's are killed. Just my thoughts on this.

Pretty cool, eh?

If the 000s were called in during a short period, in this context it would be our government calling them in since they are paying for them and they want the lowest payout. The 000s will not go back to Iraq - they are done with them. Finito. The IQD go into our Reserves and the government will benefit from the rise. Right? or wrong? What does Trixie think?

Edited September 18, 2012 by Carrello

[TrinityeXchange]

i have always thought same. many argued that iraq has to cover the full amount of iqd out there in the global space but i never agreed with that. i was always under the assumption that it would be held as reserve currency in our treasury.

[easyrider]

i have always thought same. many argued that iraq has to cover the full amount of iqd out there in the global space but i never agreed with that. i was always under the assumption that it would be held as reserve currency in our treasury.

It will be a known WORLD reserve no doubt in my mind in due time of course.

Edited September 18, 2012 by easyrider

[Carrello]

Pretty cool, eh?

If the 000s were called in during a short period, in this context it would be our government calling them in since they are paying for them and they want the lowest payout. The 000s will not go back to Iraq - they are done with them. Finito. The IQD go into our Reserves and the government will benefit from the rise. Right? or wrong? What does Trixie think?

This plan would also eliminate any possibility of a LOP.

[zigmeister]

Pretty cool, eh?

If the 000s were called in during a short period, in this context it would be our government calling them in since they are paying for them and they want the lowest payout. The 000s will not go back to Iraq - they are done with them. Finito. The IQD go into our Reserves and the government will benefit from the rise. Right? or wrong? What does Trixie think?

Trixie? She's talking Disney World and Margaritas. I am landing her at SWFG's place and he can take her while me and by baby go Miami!

Edited September 19, 2012 by zigmeister