Friday Midnight Guru Opinions - 3/06/2020

ronscarpa · March 7, 2020

3-6-2020 Intel Guru MarkZ [via PDK] Economic news…markets are dying and imploding. 1 in 8 businesses worldwide are borrowing just to keep the doors open. Ports are empty…no freight is moving…whether this virus scare is real or not...the economic realities are…schools are in lockdowns...its best to be prepared just in case. This is getting crazy…the perfect storm for the RV!!

3-6-2020 Newshound/Intel Guru Mnt Goat Doesn't this process of selecting a new prime minister and his/her government seem to take longer and longer each time? More corruption each time as since 2014 the corruption has only gotten much, much worst as Irian has been allowed to infiltrate Iraqi politics. This is at the heart of the delays. So, here we go again…this is de’javu! Among the names that are being discussed during the meetings are Asaad Al-Eidani, Ali Shukri, Muhammad Shia'a Al-Sudani, Mustafa Al-Kazemi, but until now, there is no specific agreement on any candidate.

3-6-2020 Newshound/Intel Guru BGG Think about all this for just a sec…They have had several Shia dominated government’s that were corrupt and not getting anything done for anyone but themselves…(Maliki, Abadi and Mahdi). They were headed for another Shia dominated government with even less accountability than in the past. 1) The protesters didn’t like this guy [Allawi]. 2) The Kurds didn’t like him. 3) Sadr didn’t like him. 4) The Iraqi President of the Republic, Barham Salih, very nearly resigned over having to “nominate” him in the first place. There are is a very good chance we just dodged another bullet with the developments of last Sunday. If he wasn’t the right guy to get this done – he wasn’t the right guy. Instead of always thinking THIS was some kind of delay…(post 1 of 2)...

3-6-2020 Newshound/Intel Guru BGG If these protests continue and we get a real reformer in there, this could still be a huge win for us… especially with Iran getting “blacklisted” like they are. There will be very little latitude for Iraq to continue doing business with (and selling US Dollars to) a country under such international scrutiny. The end result? Less Iranian influence and not nearly as much need for the CBI / IQD / currency auctions. The ending of these auctions will likely usher in true currency reform in Iraq...(post 2 of 2)...