ronscarpa Posted October 7, 2024 Report Share Posted October 7, 2024 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 Article: "International Praise for the Central Bank of Iraq: A Model for Developing Strategies that Serve the Development of the Banking Sector" 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. 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. 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. 1 1 8 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted October 7, 2024 Report Share Posted October 7, 2024 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. 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? 6 Quote Link to comment Share on other sites More sharing options...
screwball Posted October 7, 2024 Report Share Posted October 7, 2024 51 minutes ago, ronscarpa said: 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. yep and as TRUMP said they will repay for the cost of the war....it was always the plan.... 4 Quote Link to comment Share on other sites More sharing options...
screwball Posted October 7, 2024 Report Share Posted October 7, 2024 13 minutes ago, Luigi1 said: Agree. The US does hold IQD. The 35th billion I'm not so sure of. never heard this amount on 20 years.... 1 1 Quote Link to comment Share on other sites More sharing options...
kelsguy1113 Posted October 7, 2024 Report Share Posted October 7, 2024 for the record, the US national debt is 35 trillion, not 25 trillion. 35 billion dinars with the zeros removed would be 35 trillion dollars. interesting. 3 1 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted October 7, 2024 Report Share Posted October 7, 2024 4 hours ago, kelsguy1113 said: for the record, the US national debt is 35 trillion, not 25 trillion. 35 billion dinars with the zeros removed would be 35 trillion dollars. interesting. Actual US debt is at $100 Trillion. $70 Trillion goes un-reported. 1 Quote Link to comment Share on other sites More sharing options...
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