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Message Subject
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Iraq an economic Study
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Poster Handle
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Renegade (Me too) |
Post Content
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Enorrste's response to Kaperoni's post:
Thanks, KAP, for a well presented summary of our current situation. I
agree with you 100% on your analysis. Along with the rest of you I
remain concerned about how much influence Maliki has or will have in
restraining Shabibi. However, given the fact that Shabibi has been
astute enough to enlist the support of the entire Parliament plus most
of the influential economists in the country prior to his "going
public" with these various conferences, it seems to me that he is
determined to move ahead with or without GOI approval.
It is also clear that Shabibi does not have the GOI behind him at this
point. This is evident in that he has set back the "remove the three
zeros" and the introduction of the new currency until at least 2014.
However, as we have stated in prior calls, the changing of the rate is
still in play and can occur at any time. Once he releases the
currency to float freely in the market, which is entirely his right to
do, Maliki will have no control over the rise in the value of the IQD.
And for us, that is all that matters. Once the rate is released we
need no longer concern ourselves with the petty rivalries within the
country itself. We must keep this in mind and keep our focus on the
rate change only. Everything else is just politics.
Enorrste
Quoting: ReVbo™ good post, Rev!
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