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Sczin11 says that if they keep rate at 1166 THERE IS NOT ENOUGH DINAR IN THEIR COUNTRY TO MAINTAIN STABILITY
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Sczin11 says that if they keep rate at 1166 THERE IS NOT ENOUGH DINAR IN THEIR COUNTRY TO MAINTAIN STABILITY
sczin11
SINCE THE RAISING OF THE VALUE OF THE IRAQI DINAR, HAS LITTLE DIRECT BEARING ON THE CITIZENS OF IRAQ, I DO NOT THINK THE SALARIES, OR MONIES SENT BY BAGHDAD TO KURDS IS A SIGNIFICANT EVENT TO MONITOR... THE BENEFIT TO THE CITIZENS WILL BE THE PURCHASING POWER OF THE COUNTRY...MORE CURIOUS TO ME IS, THEY HAVE BEEN ANNOUNCING FOR THE LAST 30 DAYS OR SO, THE RELEASING OF PENSION MONEY ONTO THE SMART CARDS, TO BE USED "INSIDE AND OUTSIDE" OF THEIR COUNTRY...OVER THE WEEKEND WE SAW, THEY WERE GOING TO RELEASE IN NEXT FEW DAYS, IN 4 COUNTRIES... LEBANON, JORDAN, UAE, AND SAUDIA ARABIE, I THINK
TODAY [MONDAY] THEY ANNOUNCE THEY WILL BE LOADED FOR USE TOMORROW [TUESDAY]...INTERESTINGLY, NOTHING STATING INSIDE AND OUTSIDE OF COUNTRY...LEFT TO OUR IMAGINATION...IF THE CARDS ARE LOADED TOMORROW [TUESDAY] IN SAUDIA ARABIA ETC.. IT WOULD MEAN TO ME THEY ARE INTERNATIONALLY RECOGNIZED... PLAIN AND SIMPLE. AND IF THAT HAPPENED, AT 1166, THE COUNTRY WILL IMPLODE...IMHO...THERE IS NOT ENOUGH DINAR IN THEIR COUNTRY TO MAINTAIN STABILITY AS THEY CLAIM THEY WILL HAVE NO PROBLEM DOING. THEY WOULDNT BE ABLE TO REDUCE BUDGET DEFICIT WITH TARIFFS AND TAXES, AS THE AMOUNTS THEY WOULD RECEIVE WOULD BE NEGLIGIBLE...WOULDNT HAVE A SIGNIFICANT IMPACT ON THEIR DEFICIT.
Ponee- Admin
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Re: Sczin11 says that if they keep rate at 1166 THERE IS NOT ENOUGH DINAR IN THEIR COUNTRY TO MAINTAIN STABILITY
Yea sure .... and we all know they need cash to conduct business in this modern electronic world ... IDIOT!
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