Sunday Late Night Opinions @ 11:35 PM MST - 6/15/2025

[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 

 

 

6-15-2025  Sandy Ingram  Parallel or black market forex still exists in Iraq...where the US dollar is traded slightly higher rate than the official one.  The US and Iraq are working to close this gap by putting anti-smuggling controls in place and digitizing transactions.

 

6-15-25  Frank26  There's no reason for them to have 17 trillion reserves for their currency and have a value of 1310.  That statement which is so illogical is what allows me to close my eyes and sleep at night.  I smile because what I can see is not an optical illusion.  It is a reality that's happening right before our eyes.

 

 

6-15-2025  Militia Man  Getting rid of the parallel market sets them up for having the ability to accept Article VIII compliance.  They're not going to have a multi currency practice. If that's the case, getting those pricing down to where that is so insignificant [difference between official and parallel rates] it'll eventually be crushed.  There's a lot of people out there that have agendas from other countries that don't want that to go [away] because it's got corruption components to it (illicit trade). We all know that.

 

6-15-2025  Fnu Lnu  The IMF and WB will not allow Iraq to walk away from their currency...not if they want that International trade status and WTO membership. If they screwed folks like the United States, their name would be mud Internationally and sanctions would ensue. The USA has about 14 trillion dinar to my accounting and those came from currency swaps.  All those loans they got from the USA were in reality, currency swaps. Mind you...back then, the Dinar was 4000 to one, not 1320 to 1.

 

 

[yendor]

 

 

6-15-25  Frank26  There's no reason for them to have 17 trillion reserves for their currency and have a value of 1310.  That statement which is so illogical is what allows me to close my eyes and sleep at night.  I smile because what I can see is not an optical illusion.  It is a reality that's happening right before our eyes.

 

Funny, nothing seems to be happening here at my end. Maybe SOON, huh ?

[Luigi1]

6-15-2025  Fnu Lnu  The IMF and WB will not allow Iraq to walk away from their currency...not if they want that International trade status and WTO membership. If they screwed folks like the United States, their name would be mud Internationally and sanctions would ensue. The USA has about 14 trillion dinar to my accounting and those came from currency swaps.  All those loans they got from the USA were in reality, currency swaps. Mind you...back then, the Dinar was 4000 to one, not 1320 to 1.

 

 

Iraq must pay up...Iraq will pay up.

Iraq cannot just walk away from the Paris Club & US loans without consequences.

Iraq owes it's existence today because of debt forgiveness & numerous loans.

IMHO.

[dinarmite]

Sandy Ingram  Parallel or black market forex still exists in Iraq

Sandy is clueless.

🤣