Iraqi Dinar Revaluation 2013

May 11, 2010 · Posted in CHATS / POSTS

Med: JUST SOME BRIEF STUFF
Med: WE KNOW THAT THE ISSUE BY ECONOMISTS IS THAT THE DINAR AND NEW
PURCHASING POWER WILL HAVE A POSITIVE EFFECT ON THE IRAQI PEOPLE
Med: ALSO
Med: THEY ARE AT ABOUT 70% DONE WITH THE RECOUNT
Med: 7000 OF 11300 DONE
Med: IT FINALLY LOOKS LIKE THEY MAY MEET A DEADLINE THEY HAVE GIVEN
THEMSELVES
Med: ANDTHEY ARE GOING TO CONVENE PARLIAMENT AS SOON AS THE RESULTS
ARE RATIFIED
Med: THIS IS VERY GOOD NEWS
Med: I TALKED TO ***** TODAY
Med: HE CALLED ME FROM NY
Med: HE THROUGH OUT SOME SCENARIOS
Med: FIRST HE SAID THAT HE THOUGHT THAT THE PM MAY NOT HAVE TO BE
CHOSEN TO REVALUE
Med: BUT THAT PARLIAMENT HAS TO BE IN PLACE
Med: THAT THE RV MAY BE A NEED BASIS DECISION
Med: THAT WAITING FOR THE PM TO BE IN PLACE AND GOVT SETTLED
Med: MAY NOT FIT IN THE PLANS OF THE IMF AND TOO LONG TO WAIT TO GET
GOING ON THE ECONOMIC REFORMS
Med: THEY HAVE WASTED NOW 6 WEEKS SINCE THE SIGNING OF THE NEW
AGREEMENT WITH THE IMF….
Med: AND 24 MONTHS IS NOT FOREVER
Med: TOO MUCH TO DO AND WITH THE U.S. TROOPS PULLING OUT….
Med: SECURITY MUST BE IMPROVED GREATLY FOR U.S. COMPANIES THAT ARE
COMING IN TO DEVELOP THE PRIVATE SECTOR….
angel42b: it was a bad day in Iraq ,worst in a long time for deaths
Med: YES
Med: VERY BAD
Med: AND THIS IS SOMETHING THAT IS NOT GOING TO SIT WELL
Med: NOT AT ALL
Med: THIS IS AN ISSUE THAT I CALL THEM POSSIBLY THROWING A BONE
Med: WITH NEW FOUND WEALTH
Med: MUCH CAN CHANGE IN ATTITUDE
Med: WELL GANG
Med: I AM GOING TO HEAD