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Kaperoni is thinking that the CBI cannot do nothing much longer.

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Post by Ponee Mon Feb 10, 2014 11:38 am

2-10-2014 Newshound Guru Kaperoni In the case of Iraq, the Capital Account [a Capital Account is cash flowing into Iraq for investment] will be made up of State banks, private banks, and international banks and maybe some brokers... This is important because over the last several months we are watching Iraq prepare for that investment to come in and fund the market economy... we also have said that these investors will not come into Iraq until they go to Article VIII or make the dinar convertible so these investors can get their profits out



i am certain we will not see the CBI make a move until the economic/banking reform laws are passed through parliament but once they pass them, the CBI would have to act shortly thereafter. so IMO, once we see the laws pass, Iraq is saying..we are ready for investment which will force the CBI to act. the point is...the CBI cannot do nothing much longer.

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Post by Kevind53 Mon Feb 10, 2014 11:44 am

There he goes with the Article VIII stuff again ... time will tell if he is right.

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