Friday Midnight Opinions & Rumors - CDT - 8/26/2022

ronscarpa · August 27, 2022

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

*** Samson Article: "Al-Kazemi’s advisor: The emergency support law has entered into force"

*** Pimpy Any effect on the currency exchange rate is universal. There is no in-country/out-of-country...

*** Walkingstick [Iraqi bank gentlemen in US banks update] ...IMO they dealt with connections internationally because this bank is in American territory therefore they must follow American banking laws... IMO they went to deal with the ATMs. IMO they dealt with the key cards and the MasterCards and Visas...the insurance...the new small category notes inventory wise...coins (not so much physically yet). IMO they dealt with opening day...with the workers and the staff in their scheduling...with translators to help them with Iraqi citizens...with loans..[Post 1 of 2] :confused2:

*** Walkingstick IMO these guys are very busy right now. The thing that I love about this is like when you're in a marathon race...oh, boy. I'm not talking about the last mile. I'm talking about the last hundred yards when that ticker tape is visible. You can see it. It's there. You're about to get to it...I believe these two gentlemen are the equivalent of two marathon racers that see the finishing line and are sprinting at it because the two are very busy right now with the CBI..[Post 2 of 2] :drunk:

*** Kaperoni Advisor to the prime minister Saleh stated today due to the conditions in Iraq they will need double the time that they determined to implement the white paper. Originally it was expected 3 years so now they're talking at least 6 years. My guess is 10. So any talk of financial reform is nonsense at this time because financial reform cannot occur until after economic reform.