Thursday Night Opinions @ 10:01 PM CDT - 5/05/2022

[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  [Iraq boots-on-the-ground TV report] FIREFLY:  Television news is showing alliance groups has signatures to request a session on May 7th to vote for a president and also vote on the budget.. FRANK: ...The 7th is going to be an interesting day unless they do the same nonsense, 'We postpone it.'  I don't think so though.  This is being laser focused...concentrated on what they are doing...we await to see the outcome.

 

** Sandy Ingram  A few of you have mentioned...you have trouble believing Iraq will ever revalue their currency because they have overprinted the money.  This is a valid concern.  Some people believe Iraq will have the necessary income [Because of oil] to rebuild the country, create new jobs, along with enough cash flow to maintain the government...pay Iran for electricity, clean up the rivers, smother corruption and print new currency.  [Post 1 of 2....Reposted]

** Sandy Ingram  The policies surrounding the exchange of the old currency, the dinar we hold, and the newly printed currency, which no one is admitting to, will determine who can exchange the old currency to the new.  They could limit the exchange to Iraqi citizens and countries or they could only exchange currency inside of the country, meaning you...would need to travel to Iraq in order to exchange the currency.  And while you're there...build up the tourist industry...Once the exchange period is over Iraq could...purely as speculation...float the new currency...we will have to see. [Post 2 of 2]

 

 

[savoy8060]

In the 3rd paragraph - the comment re newly printed currency is of interest/ concern.

 

I have thought/ worried for many years that Iraq might do so in order to invalidate all that Maliki, Iran and others have stolen, cut out all of the foreign  investors such as ourselves to reduce the currency out there that they would have to honor.

 

I do hope this isn't a possibility for any number of reasons. Would certainly suck for us all.

[rvmydinar]

1 hour ago, savoy8060 said:

In the 3rd paragraph - the comment re newly printed currency is of interest/ concern.

 

I have thought/ worried for many years that Iraq might do so in order to invalidate all that Maliki, Iran and others have stolen, cut out all of the foreign  investors such as ourselves to reduce the currency out there that they would have to honor.

 

I do hope this isn't a possibility for any number of reasons. Would certainly suck for us all.

Don't worry about it because this information came from BS guru and we are in the rumor section. So i won't believe it and it doesn't bother me at all.