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Wednesday Afternoon Opinions @ 4:25 PM CDT - 11/03/2021


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 

 

 

*** Pimpy   Something big was announced... Article: "US Bank expects oil prices to rise to $120 per barrel"  I think it was $45 a barrel projected for the 2020 budget. The 2021 budget either $50 or $55 a barrel...$120 a barrel?  This is going to be phenomenal for Iraq.  Talk about getting back on your feet in a quick way.  This year they were able to get rid of the deficit.  Next year if this price stays at where it is or even gets to $120 they will have a surplus.  That means more money for the private sector...that's what we want to see...a strong economy create a strong currency.  That's what we want.  


*** Frank26   [Boots-on-the-ground Firefly Iraqi TV reportFIREFLY: They are actually showing us our old currency from the 40s, and 5 from the old days, and then they talk about our current currency and they keep repeating and saying over and over today that the exchange rate needs to be reduced [reduced is the right direction] to help the citizens... FRANK'S RESPONSE:  They have to show you the old notes because the old notes used a different exchange rate back then so they have to educate you on why you're getting a new exchange rate and new currency with it. You are being educated about the removal of the 3 zero notes...soon you will be introduced to the new small category notes which the governor of the Central Bank of Iraq is talking about with the new exchange rate...FIREFLY: We are amazed at all the stuff that we are actually now seeing and at the speed that it's coming to us...I am excited right now because it is the final countdown... 

 

:tiphat:

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Hey Ron .... thanks!  When Frankie uses Boot-on-the-ground .... you know this has to be the truth!   It must really be happening!  I am so excited I think I need to pee!  Keep up the great work Frankie, and maybe sometime you will be right!

 

:jester: :cisole::confused2:

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