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wmawhite says Iraq has walked through that door & has entered the economy market.
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wmawhite says Iraq has walked through that door & has entered the economy market.
wmawhite
Quote: "...assumed that this loan helps to strengthen the credit worthiness of Iraq, and raise the credit rating, the building "umbrella financial | pave the way for the establishment of the seven major industrialized nations (G7) to provide credit facilities for Iraq "
The Group of Seven (G7) is an informal bloc of industrialized democracies--the United States, Canada France, Germany, Italy, Japan, and the United Kingdom...
first of all...IMO...they have entered (past tense)...done, they are in it, they are negotiating with the G7. second, IMO, a change in the status of the IQD will be a result of this action.
And why do I say this?
Because Iraq has told us this very information.
~~~~~~~~~~
Folks...you can take your "countdown clocks" for the end of June and throw them in the trash.
[why because it will happen before then?]
The "it" to me has always been what the IMF stated last year..."that Iraq WILL enter into the economy market during the first half of next (2016) year."
The "it" has been happening and IMO, with this agreement and the statement the IMF made...Iraq has walked through that door and has entered the economy market.
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Quote: "Direct: agency Fitch Ratings said Friday that Iraq has an agreement with the IMF will open the way to get more international support and the possibility of issuing bonds to global markets."
issuing bonds to global markets. Folks...this is Fitch talking about Iraq (CBI) entering the global bond market.
And who is Fitch? "Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data...With dual headquarters in London and New York, Fitch Group is majority owned by Hearst..."
On those bonds...having them backed by other countries makes them a sure thing...6% to 8% on multiple millions is sweet.
IMO...the gears on this thing are a turning...all of this activity will be a change in the status of the IQD.
All of this activity shows me that Iraq is moving further and further along in the process of entering the economy markets
...and the effect of all of this activity will be a change in the status of the IQD as to how the world markets deal with the CBI and it's banks...IMO, there has been a change in the status of Iraq within the international financial community...
and why do I state this? Because...articles are talking about it...
...the IMF is not keeping secrets...they told the world and told the G-7 countries that they can conduct business with Iraq (CBI and it's banks) "with confidence"!
If Iraq is going to do just what the IMF said the world can do...then, the question is...is it international?
Here is a hint: The Group of 7 (G7) is a group consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. Would that be international business?..
this talk about keeping us in the dark is seriously...stupid!
First, they could not care any less about us and whether we know...second, we know because they have been telling the world that they are going to add value to the currency.
The IMF did state that Iraq "will" enter the economy market during the first half of 2016.
If "this" ...is entering the economy market then ...it is happening...it has been happening...plus, the change in the status of the IQD will occur as an effect of entering the markets...it is a process...not an on and off switch.
We have reason to believe Iraq is nearing the end of the process...
Last edited by Ponee on Tue May 24, 2016 10:40 am; edited 2 times in total
Ponee- Admin
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Re: wmawhite says Iraq has walked through that door & has entered the economy market.
Fisk also has given Iraq a B- bond rating, and that has not changed.
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Kevind53- Super Moderator
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Re: wmawhite says Iraq has walked through that door & has entered the economy market.
w a white the gears are screaming I just put 411 gears in the vette and it does scream so you are right
Jayzze- VIP Member
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Ponee- Admin
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