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Sunday Evening Opinions @ 7:25 PM MDT - 10/06/2024


ronscarpa
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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 ... :twothumbs: RON 

 

 

Kaperoni  Article: "International Praise for the Central Bank of Iraq: A Model for Developing Strategies that Serve the Development of the Banking Sector":twothumbs:

 

Pimpy  Article: "Customs: Our revenues during 7 months of this year exceeded one trillion dinars This is awesome to see!  The crazy thing is, I remember in 2018-2019 this was one of those problem areas for Iraq.  There was a lot of illegal activities, a lot of bribing going on. Quote "the authorities hope the revenues will reach 2 trillion by the end of this year." That's one hell of an increase.:twothumbs:

 

Sandy Ingram   As of August 2024 the United States debt is $25 Trillion.  Income taxes, by the end of the year the US will have collected $5 Trillion. The US government will spend $6.3 Trillion this year. This means the government has overspent by around $1.9 trillion dollars.  The US is off budget. The government cannot lower its annual budget.  It will more than likely pursue higher inflation and we will have to survive this financial situation. The Untied States hold 35 billion Iraqi dinars.  An increase in value of the IQD will go a long way in paying down the US national debt.:twothumbs:

 

Militia Man  World Bank Article: "Iraq has made progress in improving their business environment making it globally competitive The World Bank is telling you, the world, Iraq is globally competitive so they're going to have to be Article VIII, Article XIV compliant with the IMF's concerns when it comes to their exchange rate. Is this a precursor to a move It sounds like it.:twothumbs:

 

 

:tiphat:

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Sandy Ingram   The Untied States hold 35 billion Iraqi dinars.  An increase in value of the IQD will go a long way in paying down the US national debt.:twothumbs:

 

 

Agree.  The US does hold IQD.  The 35th billion I'm not so sure of.  If true, would the Feds make this figure public knowledge?

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