"NEGATIVE NELLIE TD" RETURNS !!

by **Ponee** Wed Mar 05, 2014 7:29 pm

Hello Ponee;

Thought I'd share :

Today I got a phone call from a fellow dinar friend and the very first thing he said was "So Negative Nellie TD , do you have any news from the sandbox " ? I proceeded to laugh and told him his timing was pretty good because I had just finished a chat with my amigo there. After disclosing my learnings to him he recommended I share it with dinar land so here goes :

1) The fighting with insurgents continues and very little is being reported because Maliki does not want publicity.

2) Maliki is devastated with the WTO turning down membership. Most economic big wigs saw very little chance of accession anyway but it's a blow to Maliki. Furthermore the WTO has indicated that there will be no further discussions till next year and most likely no granting till 2016.
There is no sufficient diversification from the oil dependance of the economy as well as improvements in seeking foreign capital investments, tourism, etc.

3) The GOI is having NO SUCCESS in brokering agreements especially with Parliament this close to the elections. Everything is in a frozen state of being.

4) Serious financial troubles of the GOI is mounting.

5) Currency reform by way of RD, RI or whatever is now to be put off till after the elections as no party will provide Maliki any progress.

6) HERE's A BIGGIE : Fear of Maliki stealing the elections is feared and if that happens outright civil war is possible.

Well, thats what I've been able to learn. Yes, negative Nellie TD signing off.

REGARDS, TD