ronscarpa Posted February 27, 2021 Report Share Posted February 27, 2021 Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan *** They will not be going into a market economy with a devalued currency at 1460... The new exchange rate will need to be applied... One that is the strongest in the region will do it... imo... Setting a new exchange rate is exactly right. It is part of the plan! Has been for years, and it is sure welcomed now... *** Frank26 *** Article: "Al-Rafidain Bank leaves the seventh Item." What is the 7th item? Chapter 7 of the UN security council. What is it? Handcuffs on their currency...can you say free as a bird? Can you say Iraq is about to legally raise the value of their currency under the IMF/World Bank regulations so they can attend to their obligations not only internally but externally internationally? Quote: "the exit decision came after fulfilling all the bank's financial obligations to international financial institutions." That's article VIII. That's raising the value of their currency... this is huge. This is monstrous. This is article VIII carved in titanium. Free as a bird to do what they want to do. You think they want to stay at a program rate? No... *** Breitling *** [Question: If they increase their rate after paying down their debt with this [December 20, 2020] devaluation do you see a dramatic increase quick or slow increase?] There's no way to tell right now. The markets change. Everything changes so quick. 2 6 2 Quote Link to comment Share on other sites More sharing options...
fioranosportscars Posted February 27, 2021 Report Share Posted February 27, 2021 1 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted February 27, 2021 Author Report Share Posted February 27, 2021 Guys...this post above is really Friday Night Opinions- 2/26/2021 Sorry - My brain has been on overload ... LOL..! RON 2 2 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted February 28, 2021 Report Share Posted February 28, 2021 Thanks Ron ! Enjoy The Weekend like We enjoy your updates ! 2 Quote Link to comment Share on other sites More sharing options...
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