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Guru Enorrste says he see a LiGHT at the end of the TUNNEL
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Guru Enorrste says he see a LiGHT at the end of the TUNNEL
There are very good reasons why the reserves have fallen since Keywords took his position, primary among them the low cost of oil and the rise of ISIS.
These put an enormous squeeze on the budget of Iraq with $15 billion deficits per year, or more (I don't recall the specifics).
The cost of fighting ISIS has never been produced from the Iraqi point of view but if it is anything like our efforts in Iraq or Afganistan one can only imagine the drain on resources.
Neither of these factors were within Keyword's control. He inherited a hemorraging situation and has done the best possible to keep it from total collapse.
In particular, and probably when he realized that this was way bigger than he could handle himself, he signed an agreement with the IMF to allow them to help him through this mess.
For that I believe he (or Abadi and he) deserve great credit. Had the IMF not stepped in I would suspect that the corruption would have exacerbated, the drain on the budget would have deteriorated, and the reserves would have fallen even faster than they have.
In any case, I personally see light at the end of the tunnel.
Keywords met with a delegation of the World Bank and outlined a roadmap to economic growth. That's a first, I believe, and he should be credited for seeking out support wherever he can to keep the ball in the air.
12.22.2017
Ponee- Admin
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Re: Guru Enorrste says he see a LiGHT at the end of the TUNNEL
IF you see a light at the end of a tunnel, it's a train- Move off the tracks unless you want to get run over, dumb ass- I thought we were rid of you, anyway? You have nothing to say that real people want to hear, anyway-
Terbo56- VIP Member
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Re: Guru Enorrste says he see a LiGHT at the end of the TUNNEL
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Re: Guru Enorrste says he see a LiGHT at the end of the TUNNEL
Hey!!! Gotta love that!! Steam in it's hey day, nothing like it nowadays- :yes:
Terbo56- VIP Member
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Age : 67
Location : Central Florida-
Re: Guru Enorrste says he see a LiGHT at the end of the TUNNEL
Enorrste couldn't find his own ass with two hands and a mirror. He's the most self-deluded guru in the dinar world. He actually believes he's on to something.
*****************
Busting Gurus Since 2011
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