Monday Early Afternoon News @ 2:30 PM MST - 7/28/2025

[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 

 

 

7-28-2025   Jeff  I want to bring forward some old information forward...I think this is very important...Shabibi is the founding father of this whole investment.  He was put in place by Bush Jr...One of the things he said clear back in 2011...Iraq should...reduce inflation to no more than 2%.  Right now their inflation is at 1.5% so that's in range. It says, reduce the note count.  They already have.  They've got most of the citizens into the banks to get them to transition to debit cards...Monitor the parallel rate.  That's the big one... 'Establish a close match between the parallel market rate and the CBI official rate of the dollar +/- 2%'.  Right now they are within 4% to 5%...It could hit within that 2% threshold...by the end of August.

 

7-28-2025   Clare  Article: "Iraq's economy between alleged stability and real risks" Quote: "..the government program...continues on a path described by officials and analysts as 'steady and balanced,'...the ban on dollar trading in the domestic market and the shift to trade financing through international banks, have curbed some phenomena, but they have not completely eradicated the black market. Prices continue to fluctuate, raising questions....Given this mixed picture of relative success and real threats, the question remains: Are we experiencing true stability or a potentially explosive economic bubble? Does Iraq have a clear vision for transitioning from 'reactive management' to comprehensive strategic planning?  Only time will tell."

 

7-28-2025   Frank26   Community comment: "It's simple.  They change their rate and play fair or face tariffs and sanctions. The end."   Frank:  Yeah that's it.  And if Sudani doesn't want to do what he's supposed to do, trust me, Trump has already shut down the auctions.  Trump has already removed the dollar.  Trump has already fined them...I don't know if he's put sanctions.  I think he did.  I'm pissed at the pace of this reinstatement but I know what Trump is doing.

 

 

[NWGUY]

I was very hopeful that Sudani was going to be the answer, but I am not sure about that now.  I know how difficult it must be to get this bunch of morons to agree over anything, but if he is the solution to this revaluation, he is going to have to play hardball with them, and I am not sure he is willing to do that!    

[yendor]

Well, last week all the BS artists...... errrr, I mean gurus..... were so "excited" about the 28th or 29th of July being our day of joy. I must have a bogus calendar as mine says it is the 29th and nothing happened yesterday and so far nothing today either. I am going out and get a new calendar.

[umbertino]

15 hours ago, NWGUY said:

I was very hopeful that Sudani was going to be the answer, but I am not sure about that now.  I know how difficult it must be to get this bunch of morons to agree over anything, but if he is the solution to this revaluation, he is going to have to play hardball with them, and I am not sure he is willing to do that!    

 

 

Honestly...As ignorant as I am regarding the complex and extensive Iraqi state agenda....I wouldn't think the dinar RV is really their priority at this point and time.....Maybe in a few years from now....JMVHO