Monday Evening Opinions @ 6:45 PM CDT - 5/17/2021

[ronscarpa]

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 

 

 

*** BobbyC *** To my knowledge only one aspect of Ch 7 remains and that's the debt to Kuwait which has zero bearing on taking the IQD international. All the other Ch 7's were moved to Ch 6.  CH 7 Sanctioned nations...do not have globally traded currency...there are no sanctions against them doing international business. Just some Banks, especially in Europe, won't deal with em because Iraq fails to abide by the RTGS (real time gross settlements)...They could go Global at 1460 and I'd be thrilled...


*** Frank26 *** There is no "GCR"...there's no such thing as a global currency reset.  It's mathematically impossible...there is no GCR inside nor outside of Iraq...when they de-peg from the American dollar the IQD will then be international...when they un-peg from the American dollar it all shows the IQD to be compliant with Article VIII.