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Thursday Night Opinions @ 8:11 PM CDT - 10/14/2021


ronscarpa
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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. :twothumbs:RON  

 

 

** Newshound Mnt Goat  Article: "MR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH. WE WILL FIGHT THE CORRUPT BY LAWMR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH.. WE WILL FIGHT THE CORRUPT BY LAW. Okay, so now we have the support of Sadr and Al-Kezemi in the White Paper reforms. How can the news get any better?

 

** Newshound MilitiaMan  Article: "The Cabinet Secretariat approves the mechanisms for lending large projects"  If this article is suggesting they have an approved mechanism (as an example that a Dinar is equal to a Dollar), then they did a good job leaking that out. They did that on the back of the Sadr horse with one heck of a start out the gate in respect to changing the value of the exchange rate! If that is the case I can understand a gradual increase from there with a managed or directed float. Regardless this is looking very good and timed with urgency. There are to be procedures in place on the 17th per the CBI for foreign currency exchange... Being 1:1 at that time may very well be necessary so that the Dinar can begin the journey to being in the ranks with global currencies!!...

 

** Newshound Claire  Article: "The International Monetary expects significant growth in the Iraqi economy and a decline in inflation in 2022"  Quote: "the gross domestic product is expected to grow significantly, outperforming all oil-producing countries, to reach 10.5 percent...

 

 

:salute:

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10 hours ago, ronscarpa said:

** Newshound MilitiaMan  There are to be procedures in place on the 17th per the CBI for foreign currency exchange... Being 1:1 at that time may very well be necessary so that the Dinar can begin the journey to being in the ranks with global currencies!!...

Another prediction made by MilitiaMan on the 17TH at the rate 1:1? Again, we can only hope. Only time will tell.

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