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  1. #221
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    Quote Originally Posted by DesertWolf View Post
    Does anyone really know what the hold up is?


    DesertWolf
    Yes, the illiterate, corrupt and lazy Iraqi leadership!!

  2. #222
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    Quote Originally Posted by EJAMM View Post

    Debt relief and foreign investment.

    Side by side comparison is indeed interesting.

    Foreign reserves:
    1980 - $35 billion
    2007 - $21+ billion

    GDP per capita:
    1980 - $3,375
    2007 - $2,900

    Oil Production:
    1980 - 3.5 mbpd
    2007 - 2.1 mbpd

    Oil reserves:
    1980 - 115 billion barrels
    2007 - 300 billion barrels (estimated)

    External debt:
    1980 - ???? (estimated at less than $5 billion)
    2007 - $140 billion (approximate)

    My thoughts
    Just my point! The IQD is backed by real assists, not like the USD. As far as their debts, they do have the means to pay them just from their oil revenues along over time. I really don’t see any good reason for the delay of the RV of the IQD.

    The only reason that I can see via their track record is their desire to kill the other factions off so they can return back to the War Lord mentality and to the winner (even though they could never spend it in 100 life times) goes the spoils!

    DesertWolf

  3. #223
    Senior Investor wciappetta's Avatar
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    Quote Originally Posted by EJAMM View Post
    Debt relief and foreign investment.

    Side by side comparison is indeed interesting.

    Foreign reserves:
    1980 - $35 billion
    2007 - $21+ billion Update:yesterdays article says 25 billion and including DFI monies the figure becomes 33 billion
    GDP per capita:
    1980 - $3,375
    2007 - $2,900

    Oil Production:
    1980 - 3.5 mbpd
    2007 - 2.1 mbpd In real dollars the gain for the less is greater than the former

    Oil reserves:
    1980 - 115 billion barrels
    2007 - 300 billion barrels (estimated)

    External debt:

    1980 - ???? (estimated at less than $5 billion)
    2007 - $140 billion (approximate) update recent article says 140 billion forgiven
    Iraq is in a good position for an excellent RV
    It seems that the state insists, or preserve the value of the Iraqi dinar 148 against the dollar ...Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states [ MOF Sept 2006]

    High RV is like Coke; it’s the real thing baby!

    Jesus Loves You

  4. #224
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    Quote Originally Posted by wciappetta View Post
    Iraq is in a good position for an excellent RV
    Wciappetta, you're the best! Thanks for this!:cheer:

  5. #225
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    Quote Originally Posted by wciappetta View Post
    Iraq is in a good position for an excellent RV
    Thanks for the update on the figures.

    The Paris Club debt will not be complete (remaining 20%) until the final SBA review.

  6. #226
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    Arrow Iraq Good Position

    I AGREE THAT IRAQ IS IN A GOOD POSITION TO RV. WITH OIL WORKERS STRIKING, MALIKI'S ("HOLD OFF TIL MONDAY OR ARREST WORKER LEADERS")AND ASKING PARLIAMENT PRESIDENT TO RESIGN , COULD CAUSE DELAY. THEY NEED THE OIL WORKERS AND THE STRIKE MAKE BE A KEY FACTOR IN SPEEDING UP THE POLITICIANS AND OUR REVAL. I GO ON VACATION JUNE 30 AND I LOOK FOR REVAL TO HAPPEN BY THEN. PLUS, ISN'T THAT THE DEADLINE GIVEN BY THE BUSH ADMINISTRATION?

  7. #227
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    Where are the psychic friends network when you need them?

  8. #228
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    amen. A very nice psychic lady in Manitou Springs, Colorado told me, "end of summer. also invest in BP."
    kristin

  9. #229
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    Quote Originally Posted by danny51 View Post
    Yes, the illiterate, corrupt and lazy Iraqi leadership!!


    Yep, no HCL no rv..... Sept..

  10. #230
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    2008.......maybe

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