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 BGG "Let Me be Perfectly Clear" 9/27/17

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PostSubject: BGG "Let Me be Perfectly Clear" 9/27/17   Wed Sep 27, 2017 10:56 pm

 Let me be perfectly clear…I am not saying, nor have I said, they will enact some version of currency reform this year – as in: 2017. They may – they may not… it would be very difficult to know this. Nor am I saying this HAS TO go into 2018. Nowhere has any official source said this. Nor have there been ANY DIRECT indications of this. NONE.  In fact, there have been NUMEROUS indications DAILY they are moving closer and closer to a full re-engagement with the world markets and economies.  Just today there is news of direct negotiations between Iraq and the Saudis to share an export pipeline again.  Article quote:  "Iraq asks Saudi Arabia to reinstate the oil export agreement through the joint pipeline”… 

This daily flow of news speaks directly to the economic and market progress Iraq is making… by LEAPS AND BOUNDS.  This re-engagement, with the support of the IMF, UN and WB is critical. Iraq can price their currency and whatever they want. If no one will buy it, what does it matter? Who cares if there were a $14 RV – if no one will buy your currency?  This re-engagement and international acceptance is a HUGE step towards economic, investment and currency reform in Iraq.  I have plainly said they are CLOSE. Period. End of story
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BGG "Let Me be Perfectly Clear" 9/27/17
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