Sunday, April 21, 2024

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 21 APRIL

 Frank26  

 [Iraq boots-on-the-ground report]  

FIREFLY:Some lady is on the television news saying once the delegation returns from the Untied States of American the budget amendment law will be sent to parliament.  She's saying one of the issues is about salaries and this will end all issues on salaries for the first time ever once and for all...

  FRANK:  She's correct.  When Sudani comes back he will deal with the budget and you will have your new exchange rate because that's the only way that the salaries are going to be paid.   They're tell you they're going to be paid for the first time ever.  They have never been paid because of a lack of good exchange rate...

FIREFLY:  Bank friend says...if it is 1 to 1 that's a good start but he feels like because what he personally knows the rate could carry a $5+ and support it very well because our reserves are way higher than what they are telling anyone.  That's just his opinion...  

FRANK:  It will not start at 5 to 1 IMO as it will not start at 1 to 1.

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