Saturday's Opinions - 6/25/2022

[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 

 

*** Tivon  Article: "Minister of Finance: The Ministry is keen to implement the provisions of the Emergency support Law for Food Security and Development"  I told you all they will keep hammering down on this law until it is printed published and implemented. They will keep coming with more information as we inch closer to the inevitable reinstatement.

 

*** Samson  Article: "Britain asks its citizens to dispose of $17.7 billion in banknotes"  Quote: "The Bank of England said people who own 14.5 billion pounds ($17.7 billion) of old notes have just 100 days to spend or deposit them before they become worthless."

 

*** Kaperoni  ...The petition in parliament calling to reduce the exchange rate...If it succeeded it would only reduce it back to what it was a year ago...1170

 

*** Sandy Ingram   Iraq has gone from being a stable and wealthy state governed by a dictator, in the 1980s...To living under sanctions in the 1990s.  To the US invasion of 2003.  To the chaos of insurgency and then ISIS genocide in 2014.  To the financial crises brought on by Covid-19 in 2021.  And then the currency non-leadership that Iraq is living under for over 8 months...hold on to your Iraqi dinars.  Iraq is a survivor.

 

*** Pimpy  There's no numbers on the back screen. There's no 800#s. There's no redemption centers. I keep telling you guys it's all crap they blow up your butt...there's no tier 1.  There's no tier 2.  All they (CBI) will simply do is change the rate, and then you go down and exchange it or purchase it...like any other currency out there.  There's no magical treatment for how Iraqi dinar is being handled.

 

*** Tivon  Article: "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" ...They are about to reverse the prior decisions that caused so much hardship. But I also think given the timing this has alot more to do with preparing the NSCNs which will require a rate change...

 

*** Frank26  Article: "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" THIS IS FROM KAZEMI TO HIS CABINET TO THE CBI...TO CHANGE THE EXCHANGE RATE OF THE IRAQI DINAR.

 

*** Nader From The Mid East  Inside Iraq the economy is not too good.  The people still poor.  People still have no money.  No jobs.  People still    suffering.  It's true we making a lot of money off oil but that's the only assets for now...We have no tourists.  We have no import...the private sector is not good at all yet.  You guys gonna have to wait...it's gonna take time...not before 2025 and it's gonna happen...

 

 

[Bob]

Tours in Iraq 2022 • Best Iraq Tour Packages (rjtravelagency.com)   

 

Looks like there is some economy from tourism however, having been there for several years I suggest wearing your helmet and body armor!  Just sayin!

[rvmydinar]

22 hours ago, ronscarpa said:

*** Samson  Article: "Britain asks its citizens to dispose of $17.7 billion in banknotes"  Quote: "The Bank of England said people who own 14.5 billion pounds ($17.7 billion) of old notes have just 100 days to spend or deposit them before they become worthless."

Hey samson. What does Britain has something to do with Iraq? Do you think iraq will ask iraqi citizens to dispose the old notes within 100 days exchange period when the rv happens one day?