Mailman17 says that ANNOUNCING IT AHEAD OF TIME IS NOT AN OPTION...THIS WILL COME OVERNIGHT...BAM..JMO.

by **Ponee** Wed Feb 11, 2015 11:31 am

Mailman17 THEIR BUDGET BEING PASSED IS YES, VERY IMPORTANT.

BUT THE LAWS NEEDED FOR THEM TO ENTER INTO THE WORLD ECONOMY ARE MORE IMPORTANT AND THEY WILL BE SEEN MOMENTITO.

WE KNOW THEY HAVE BEEN IN PARLIAMENT IN SESSION READING AND VOTING...BUT THOSE ARTICLES ARE SCARCE AS FAR AS PROGRESS. BUT WE ALSO KNOW THINGS OF THIS NATURE THAT ARE NEEDED FOR THEM TO BE RECOGNIZED WILL NOT PRODUCE FANFARE IN THE MEDIA UNTIL IRAQ LETS IT.

LOOK FOR THE LAWS TO COME OUT ALL AT ONCE...IN A BASKET. THEN IT WILL BE PARTY TIME AS THEY WILL HAVE NO CHOICE BUT TO ADJUST THEIR RATE TO ACCEPT OUTSIDE INVESTMENT AND PURCHASING POWER FOR THEIR PEOPLE...

AND REMEMBER THAT THIS IS SO HUGE IN THAT THEM ANNOUNCING IT AHEAD OF TIME IS NOT AN OPTION...THIS WILL COME OVERNIGHT...BAM..JMO.

by **Kevind53** Wed Feb 11, 2015 2:00 pm

THEN IT WILL BE PARTY TIME AS THEY WILL HAVE NO CHOICE BUT TO ADJUST THEIR RATE TO ACCEPT OUTSIDE INVESTMENT AND PURCHASING POWER FOR THEIR PEOPLE...

Bold face, all caps, and underlined does not make it so. They have no reason to adjust their rate to accept outside investment or for purchasing power of their people. Hell, most barely make enough to live in the average per capita income is somewhere between 5 and 6K USD/YR, so what purchasing power? Do I expect a significant change in value? Eventually, yes. Will it happen ASN as you imply? I would love to be wrong, but realistically, I have to say, "Not a chance".

by **FS4Enthusiast** Wed Feb 11, 2015 3:25 pm

Mailman wrote:
LOOK FOR THE LAWS TO COME OUT ALL AT ONCE...IN A BASKET. THEN IT WILL BE PARTY TIME AS THEY WILL HAVE NO CHOICE BUT TO ADJUST THEIR RATE TO ACCEPT OUTSIDE INVESTMENT AND PURCHASING POWER FOR THEIR PEOPLE

Where's the purchasing power increase going to come from? A cleaning lady in Iraq makes 6 million dinar a year. They RV to 0.86, she obviously isn't going to continue making 6 million dinar a year. It'll get cut to 6,000 dinar a year, worth the exact same as 6 million @ 0.00086, and zero purchasing power increase.

And having to have a massive RV to accept outside investment isn't just false, it's completely backwards. Low exchange rate = low costs for labor and other things, and it doesn't make a bit of difference to any profits I export, because I'm going to be exchanging them for dollars or euros or whatever anyway.

Mailman17 says that ANNOUNCING IT AHEAD OF TIME IS NOT AN OPTION...THIS WILL COME OVERNIGHT...BAM..JMO.

Mailman17 says that ANNOUNCING IT AHEAD OF TIME IS NOT AN OPTION...THIS WILL COME OVERNIGHT...BAM..JMO.

Re: Mailman17 says that ANNOUNCING IT AHEAD OF TIME IS NOT AN OPTION...THIS WILL COME OVERNIGHT...BAM..JMO.

Re: Mailman17 says that ANNOUNCING IT AHEAD OF TIME IS NOT AN OPTION...THIS WILL COME OVERNIGHT...BAM..JMO.