Wedesday Evening Opinions @ 7:55 PM MDT - 7/19/2023

[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... So, take everything with a grain of salt ...  RON  

 

Kaperoni  In order for the dinar to go up in value several things must be done first. They must pass over a 100 stalled laws that affect their economy. These laws have been outstanding for several years.  Iraq must encourage foreign investment to diversify away from oil dependence. Currently they are well over 90% dependent on oil production and export. Diversification in creating a private sector will allow the government to transfer the workforce from state to the private sector. [Post 1 of 2]

Kaperoni  Creating such a private sector will allow them to not only begin to diversify away from oil and create their own manufacturing, tourism, agriculture, etc.  They can begin to export goods so they are not dependent on Imports.  As a result of that success and growth, Iraq's will create pressure internally on their own financial system often known as inflation. The result will allow the central bank to float their currency. The result will allow supply and demand to raise the value. [Post 2 of 2]

 

Clare  Article: "The President of the Republic: Iraq is on the verge of an urban renaissance after approving the budget"

 

Militia Man  The advisor to the prime minister says we received requests from countries from three continents to do business. Did we ever see that before? No we have never seen it before.

 

Pimpy  The budget is about to be implemented. There is a high amount of priority in regards to the private sector and growing it which is what we want to hear.

 

Petra  I am sure there are folks who don’t want this to happen. Fortunately, there are a lot more powerful and influential people who want this to go…like 44 million Iraqi’s who have been promised more PP and a new rate!  And there are many “influential and powerful” people in Iraq that are mad that this has “not” occurred!
 

 

 

I intentionally didn't post any of MarkZ's or Bruce's remarks..! RON 

[screwball]

46 minutes ago, ronscarpa said:

Clare  Article: "The President of the Republic: Iraq is on the verge of an urban renaissance after approving the budget"

yep with rate to reflect....

[sgtsanders]

Thanks Ron! It wouldn’t hurt my feelings at all if you never posted their comments 🤣🤣🤣

[boosterbglee]

Ron does a nice job of presenting the rumors and I can dream!

[Luigi1]

11 hours ago, ronscarpa said:

Kaperoni  In order for the dinar to go up in value several things must be done first. They must pass over a 100 stalled laws that affect their economy. These laws have been outstanding for several years.  Iraq must encourage foreign investment to diversify away from oil dependence. Currently they are well over 90% dependent on oil production and export. Diversification in creating a private sector will allow the government to transfer the workforce from state to the private sector. [Post 1 of 2]

Kaperoni  Creating such a private sector will allow them to not only begin to diversify away from oil and create their own manufacturing, tourism, agriculture, etc.  They can begin to export goods so they are not dependent on Imports.  As a result of that success and growth, Iraq's will create pressure internally on their own financial system often known as inflation. The result will allow the central bank to float their currency. The result will allow supply and demand to raise the value. [Post 2 of 2]

 

Agree with the Kaps.

Everything in Iraq is not done as the Gurus say.

[hspotman]

More BS from MM.........

 

[screwball]

8 hours ago, Luigi1 said:

 

Agree with the Kaps.

Everything in Iraq is not done as the Gurus say.

So the only problem with this is where does it say they have to pass 100 stalled laws….? For rate change? Where does BRICS come into this, or  return to the gold standard? Kap knows nothing is a fool like the rest of the gurus…