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LOGICAL PROCESS ? ? or Dullisional
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therealbutterfly
crich
Len
Hobbes1025
8 posters
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LOGICAL PROCESS ? ? or Dullisional
I am still a new to this venture. I have been reading about the rates. I have several questions: I read some intel about the rates being low, that got me depressed. so I need help processing this. Probably some professional help ( lol) for getting into this venture.
1). If Iraq says they want the strongest currency in the world, how can it be equal to the dollar. 1 2 1 not logical Right? (it would have to be higher)
2). If contractors are getting paid in Iraq @ 3.75 because of negotated rate beforehand how could it be lower later. Would these contractors have to repay the government or the entity they were paid from. Because it was stated that it would be made up after release. Logic would say if the contractors were paid & (it was confirmed they did) rate was 3.75, that would equal that or at least be higher. Correct? Was this ever verified and had proof? I never heard or saw.
3). If Iraq is in chapter 7, (sanctions from doing business with other nations), how is the US able to broker deals with them? I probably dont understand that process. and that is ok. I would think that since the US now recognizes that Iraqi is now soverign that they are now out unofficially so we are super close.
I know everything is sure speculation and base on intel that changes like the wind, I would love to hear some feed back. I believe this to be a good investment but got discourage this week. I realize people have been in this longer than me. it does seem we are closer each day.
Thanks
1). If Iraq says they want the strongest currency in the world, how can it be equal to the dollar. 1 2 1 not logical Right? (it would have to be higher)
2). If contractors are getting paid in Iraq @ 3.75 because of negotated rate beforehand how could it be lower later. Would these contractors have to repay the government or the entity they were paid from. Because it was stated that it would be made up after release. Logic would say if the contractors were paid & (it was confirmed they did) rate was 3.75, that would equal that or at least be higher. Correct? Was this ever verified and had proof? I never heard or saw.
3). If Iraq is in chapter 7, (sanctions from doing business with other nations), how is the US able to broker deals with them? I probably dont understand that process. and that is ok. I would think that since the US now recognizes that Iraqi is now soverign that they are now out unofficially so we are super close.
I know everything is sure speculation and base on intel that changes like the wind, I would love to hear some feed back. I believe this to be a good investment but got discourage this week. I realize people have been in this longer than me. it does seem we are closer each day.
Thanks
Hobbes1025- New Member
- Posts : 14
Join date : 2011-10-20
Age : 55
Re: LOGICAL PROCESS ? ? or Dullisional
so, you think a 1 : 1 rate is low? that gives you over 1,000 times your initial money!!!
Len- Forum Fanatic
- Posts : 166
Join date : 2011-06-22
Location : Canada
Re: LOGICAL PROCESS ? ? or Dullisional
yes if the the 2nd question or point is true.
Hobbes1025- New Member
- Posts : 14
Join date : 2011-10-20
Age : 55
Re: LOGICAL PROCESS ? ? or Dullisional
For Iraq it is low. Has nothing to do with how much ROI or be thankful stuff. Has to do with facts & economics at hand & the fact that if Iraq is the wealthiest nation in the world...then they will want the world to know it period! Now it may come out a bit lower, but I think not quite that low 1:1.
It may come out $3-$4-ish & then work it's way up for 2 reasons.
1) The world economy 'needs' it at this point& wasn't that part of China's agreement to help bailout Euro (higher come out rate)?
2) Iraq wants to announce what it has accomplished & that it is the wealthiest nation in the world. If you look at other countries around that area & globe...there are others that are much higher. So it would not be far off to expect an average coming out of $3-$4 & then increase to $7++.
Again that's just my thoughts after studying this so much over past year.
Happy Holidays everyone:) :rendeer:
It may come out $3-$4-ish & then work it's way up for 2 reasons.
1) The world economy 'needs' it at this point& wasn't that part of China's agreement to help bailout Euro (higher come out rate)?
2) Iraq wants to announce what it has accomplished & that it is the wealthiest nation in the world. If you look at other countries around that area & globe...there are others that are much higher. So it would not be far off to expect an average coming out of $3-$4 & then increase to $7++.
Again that's just my thoughts after studying this so much over past year.
Happy Holidays everyone:) :rendeer:
crich- Forum Friend
- Posts : 114
Join date : 2011-07-29
Re: LOGICAL PROCESS ? ? or Dullisional
Hobbes1025 wrote:I am still a new to this venture. I have been reading about the rates. I have several questions: I read some intel about the rates being low, that got me depressed. so I need help processing this. Probably some professional help ( lol) for getting into this venture.
1). If Iraq says they want the strongest currency in the world, how can it be equal to the dollar. 1 2 1 not logical Right? (it would have to be higher) No one said it would be the 'strongest in the world' first of all. It was 'strongest in the ME'. Second, Strongest doesnt necessarily mean highest value. ~butterfly
2). If contractors are getting paid in Iraq @ 3.75 because of negotated rate beforehand how could it be lower later. Would these contractors have to repay the government or the entity they were paid from. Because it was stated that it would be made up after release. Logic would say if the contractors were paid & (it was confirmed they did) rate was 3.75, that would equal that or at least be higher. Correct? Was this ever verified and had proof? I never heard or saw. There is no proof of any contractors paid in rv'd dinar. Contractors are paid a salary and it wont change if its rv'd or not unless they are paid in Dinar, which only Iraqis MIGHT be paid in dinar, and if thats the case, the amt paid to them would change based on the rate. ~buttefly
3). If Iraq is in chapter 7, (sanctions from doing business with other nations), how is the US able to broker deals with them? I probably dont understand that process. and that is ok. I would think that since the US now recognizes that Iraqi is now soverign that they are now out unofficially so we are super close. Iraq has been out of those sanctions that prohibited doing business with others for a long time now. They have referred to Iraq as 'sovereign' since 2008. Whats left under Ch7 has nothing to do with anything other than Kuwait. They may or may not get out of it anytime soon but that doesnt stop things with regards to changing their rate. I suggest you read up on what Ch 7 is all about and then you can make the decision on your own if you believe the gurus or not on if ch 7 is tied into an rv. ~butterfly
I know everything is sure speculation and base on intel that changes like the wind, I would love to hear some feed back. I believe this to be a good investment but got discourage this week. I realize people have been in this longer than me. it does seem we are closer each day.
Thanks
My comments in blue after your questions....
therealbutterfly- Elite Member
- Posts : 2416
Join date : 2011-08-02
Re: LOGICAL PROCESS ? ? or Dullisional
Hobbes1025, If you look at this in total logic, ( here is your question)
1). If Iraq says they want the strongest currency in the world, how can
it be equal to the dollar. 1 2 1 not logical Right? (it would have to be
higher)
To be the strongest currency in the region one could say that the "rate" (that noone really has a clue about) could be any amount at all. Here is why I say this. If a country is stable in many many ways, security for they're citizens, self (or near) sustaining, growing in industry, commerce, and agriculture. Open to the rest of the world in trade, Friendly and allied. ANY ME COUNTRY that does these will be the strongest in the region.
Iraq has the natural resources and firtle farm land. Also they have a fairly well educated workforce who are willing. I "believe" they will come to near pair with Kuwait but is that needed?...rick152
1). If Iraq says they want the strongest currency in the world, how can
it be equal to the dollar. 1 2 1 not logical Right? (it would have to be
higher)
To be the strongest currency in the region one could say that the "rate" (that noone really has a clue about) could be any amount at all. Here is why I say this. If a country is stable in many many ways, security for they're citizens, self (or near) sustaining, growing in industry, commerce, and agriculture. Open to the rest of the world in trade, Friendly and allied. ANY ME COUNTRY that does these will be the strongest in the region.
Iraq has the natural resources and firtle farm land. Also they have a fairly well educated workforce who are willing. I "believe" they will come to near pair with Kuwait but is that needed?...rick152
*****************
Love understands, Love supports, comforts and, cares for. Love forgives. Love also honors, respects and, believes
so please;
Love each other and yourself ...rick152
rick152- VIP Member
- Posts : 2574
Join date : 2011-06-19
Age : 66
Location : Eastern Ohio
Re: LOGICAL PROCESS ? ? or Dullisional
thereal butterfly, Len & crich,
thank you for responding
thank you for responding
Hobbes1025- New Member
- Posts : 14
Join date : 2011-10-20
Age : 55
Re: LOGICAL PROCESS ? ? or Dullisional
Therealbutterfly...I agree with you completely...rick152
*****************
Love understands, Love supports, comforts and, cares for. Love forgives. Love also honors, respects and, believes
so please;
Love each other and yourself ...rick152
rick152- VIP Member
- Posts : 2574
Join date : 2011-06-19
Age : 66
Location : Eastern Ohio
Re: LOGICAL PROCESS ? ? or Dullisional
thanks Rick152
Hobbes1025- New Member
- Posts : 14
Join date : 2011-10-20
Age : 55
Re: LOGICAL PROCESS ? ? or Dullisional
Good stuff therealbutterfly.. Spot on with everything as always..
Go RI/RV..
Go RI/RV..
sandwedge- Elite Member
- Posts : 1251
Join date : 2011-10-14
Re: LOGICAL PROCESS ? ? or Dullisional
I also believe this ALL to end is still TOTALLY dependant on satisfying the reperations with Kuwait. Hopefully Iraq does not remain too "proud" to pay they're bills...rick152
*****************
Love understands, Love supports, comforts and, cares for. Love forgives. Love also honors, respects and, believes
so please;
Love each other and yourself ...rick152
rick152- VIP Member
- Posts : 2574
Join date : 2011-06-19
Age : 66
Location : Eastern Ohio
Re: LOGICAL PROCESS ? ? or Dullisional
I think it has to RV to pay Kuwait, then Iraq can get out of Chapter 7.
Not the other way around
Not the other way around
*****************
Being defeated is often a temporary condition. Giving up is what makes it permanent.
Marilyn Vos Savant
Yesterday would have been better, but today is a good day
Remember as always, JMHO
Rantings from just north of sixty
1alaskan- Elite Member
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Join date : 2011-06-21
Age : 41
Location : Planet far far away
Re: LOGICAL PROCESS ? ? or Dullisional
bulldog in a conversion in recaps it was confirmed the 3.75 rate in iraq (in nation). today.
so what do make of this??
so what do make of this??
Hobbes1025- New Member
- Posts : 14
Join date : 2011-10-20
Age : 55
Re: LOGICAL PROCESS ? ? or Dullisional
I think it could very well be Dullisional!Hobbes1025 wrote:bulldog in a conversion in recaps it was confirmed the 3.75 rate in iraq (in nation). today.
so what do make of this??
doodoo- VIP Member
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Join date : 2011-10-08
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