Saturday Morning Opinions @ 8:50 AM CST - 1/15/2022

[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 

 

 

** Frank26  All I want is the new rate and the new notes.  You won't get them until at least this government is seated...Let's see what happens.  We know what we read in an article, [The mother of all articles the CBI says if you're not ready GOI to heck with it we'll take care of it...]

 

 

** MilitiaMan ...All looks very very very good. The private sector and or market economy will require a REER  [real effective exchange rate]. The USA embassy has today commented on the support for Iraq to do international trade. Even with China. So, lets see what gives. My view is we are very close to seeing it...

 

** Frank26   Article: "World Bank: Iraq will witness the highest economic growth among the Arab counties within  2 years"  Seriously?  At a program rate?  At a used toilet paper program rate?  Really?  The writing is on the wall...it is in print.  It's not my opinion.  It is the opinion of the Central bank of Iraq that they're going to raise the value of their currency as soon as the government is seated and if the government is horsing around and they're not seated the CBI is still going to move forward whether they like it or not.  It's that simple.