Common sense will tell us. That if in fact, they are passing out these ration cards. On the 16th, so if we do not get an RV. Or some type of exchange rate move. By the 17th, then we will be in for a longer wait than anticipated. We would be looking at the very end of the year or even into 2007. If they passed these rations out without an RV. Then did an RV 1 month later, you would have a bunch of pxssed off Iraqis. Complete anarchy and ciaos! So my fellow dinar investor associates. It is either now or not for a long while. Which do you choose?
First are we totally positive for the 16th to start ration distributions?
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Thread: Go crazy in here!!!
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14-10-2006, 07:40 PM #3471
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Common Sense!!!!!!!!!!
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14-10-2006, 07:49 PM #3472
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What i dont understand is would they leave it to the last minute. I mean the cheques are going out monday how close is that. Presently there is no sniff of a reval. huh, i dont follow
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14-10-2006, 07:49 PM #3473
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Exactly my thoughts. Itīs now or not for a while
The HCL and the WTO membership is very important, especially the wto membership which requires a convertible currency
But look at this. If you would get $6 dollars on monday and spend it on food etc. and after 1 month they revalue the currency and your gift which would be worth $15000 is gone. I would be really pissed off
I think it is now or not until long way into 2007
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14-10-2006, 07:52 PM #3474
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In a previous post, i said that i thought that the 10000 dinars was a pittance to offer the iraqui citizens at the present rate. Also, I could not see ANY government giving each citizen 10000 dollars particularly IRAQ, as they are in dire straits............ whoops i feel a song coming on........... but also I am thinking, in our own circumstances what sort of figure can you see any goverment shelling out for each and every citizen. With that I am not convinced a reval is imminent. But if it is, it will be stepped and small. I am well confused.
Last edited by Dinar Duchess; 14-10-2006 at 07:56 PM.
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14-10-2006, 08:01 PM #3475
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14-10-2006, 08:09 PM #3476
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14-10-2006, 08:44 PM #3477
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there is no " fat cat banker etc, etc etc ", controlling the price of the dinar
it is the Iraqi government deciding when and how much. Attacking the
" bankers " is easy but not the whole story.
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14-10-2006, 08:51 PM #3478
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Shake And Baker!
This is an interesting read. I googled James Baker and came up with several articles I had no idea about. There is a story about Kuwait and some double dealing with a financial group Baker is part of. It sheds some light on Kuwaits refusal to forgive Iraqi debt. It is a couple of years old but I am sure that things have not changed that much.
Connecting the Dots: James A. Baker
Why War? Bush Special Envoy & Carlyle Group In Scandal Over Iraqi Debt Relief
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14-10-2006, 08:58 PM #3479
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14-10-2006, 09:15 PM #3480
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