There is so much happening…..when RI hits and they have value added they will. It is all in the plan in my view…

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currencyinvestor19
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There is so much happening…..when RI hits and they have value added they will. It is all in the plan in my view…

Post by currencyinvestor19 »

A week ago Saturday I think they realized the clock was ticking down and they had to get that budget done. IOO the budget is done and we’re just waiting on the rate. Now all the outside pieces are coming together with regard to international activities…and all the efforts to make Iraq come out of the gate absolutely running a million miles and hour…..

IMF forced the rate down to 1460. I’m of the opinion, that started the clock ticking. Because they can only keep the rate down for so long until it really impacts the entire economy of Iraq. But they did it for a reason. The white papers do not work at 1460. The white papers do not work at 1190. They don’t work at a program rate. The white papers work at a 1 to 1 or greater…..

We are being told the rates will be better than expected…any thoughts on this?] I am not hearing any change on rates…could those high rates be reflective of the weakening of the US dollar? Yes- that is a possibility.

When they RI the IQD they will be able to get it into the secondary markets as it will have significant value, hence, that value may or will make it easy to get loans for economic support during the transition into a market economy (private sector). They’ll need stability and that is what the IMF is there for…The plan and or agreements are about to take a very different shape…Oh ya…A digital one that is to be on a large scale.

There is so much happening…it’s more than a little interesting… I talked to a few redemption center contacts…this is the first week they are planning on having a full staff in anticipation…no one knows when…but I know a lot of group leaders that have been called over the weekend to get back to their redemption areas where they are handling it…I hope these are signs that we are close.
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