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Adam Montana: "Everyone. China wins. Iraq wins. We win" 9/19/19
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Adam Montana: "Everyone. China wins. Iraq wins. We win" 9/19/19
by RamblerNash Thu Sep 19, 2019 10:57 pm
Adam Montana
...China has the ability to dump loads of money into Iraq's infrastructure, taking significant weight off of the Iraqis in that regard, which would free up Iraq's resources (time/people/government/etc) to focus on their actual bread and butter. China won't be doing this for free... in fact, I can foresee Iraq becoming so indebted to China over this that they are forced to raise the value of their currency just to cover the debt that they will willingly incur from China in order to fast-track their future. Iraq then officially enters the currency manipulation game, just to keep up with China, and that just tickles me pink! Who wins if this happens? Everyone. China wins. Iraq wins. We win. This is a clear path to Iraq becoming even stronger, with a stronger currency, and the rest is sort of irrelevant. Pretty neat stuff.
9/19/19
...China has the ability to dump loads of money into Iraq's infrastructure, taking significant weight off of the Iraqis in that regard, which would free up Iraq's resources (time/people/government/etc) to focus on their actual bread and butter. China won't be doing this for free... in fact, I can foresee Iraq becoming so indebted to China over this that they are forced to raise the value of their currency just to cover the debt that they will willingly incur from China in order to fast-track their future. Iraq then officially enters the currency manipulation game, just to keep up with China, and that just tickles me pink! Who wins if this happens? Everyone. China wins. Iraq wins. We win. This is a clear path to Iraq becoming even stronger, with a stronger currency, and the rest is sort of irrelevant. Pretty neat stuff.
9/19/19
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