Friday, July 12, 2024

ANALYSIS OF IRAQ REPORTS BY BUCKEEYETREE, 12 JULY

 KTFA:

RE: Wed. Night CC:  https://youtu.be/arJ5wta8aHk

Buckeyetree:  

I appreciated the thought from the UB2B of who now controls the oil, and it is not Iran any longer!!  That was a great UB2B.

The report that the IQD shows up on some of the major hotels as currency to use to purchase hotel stays as one guest shared in interview on UB2B was great news. That could be a sign of international recognition. (I am hoping that the Private Bankers in the USA are on the same page in great expectation if the world now knows. No more "it's a scam.")

Also, if I remember correctly, Eddie shared in a recent report that he and other Iraqis felt like they had a fancy car in Iraq, but it had no engine. I might use that metaphor in another similar application. Those new high tech ATM machines are like that fancy car in Iraq, but they do not have the engine to run them yet. Those ATMs are waiting for the new rate and lower notes!  The Iraqis and ATMs may not have to wait much longer.  IMO!!  We hope and pray.

Finally, if I understood correctly from recent articles and reports that the dinar will only be sold at the airport starting on the 14th.  Also, that Sudani recently had a meeting with the Exchangers who were about to go on strike, and they suddenly changed their tune and reversed their plans, hopefully happily. Sudani is a mover and shaker in a good way. There could be something maybe significant about the 14th just before WTO on the 18th.  IMO!!

IMO, not just soccer, those big screens around the country in Iraq may soon serve a dual purpose. For us, it seems past time.

Many banks here and abroad seem to be on the brink of collapse due to large debt.

IMO, the reinstatement of the IQD may bring liquidity and less debt to some of the banks, a banking stimulus. Good leadership and good reforms in Iraq will bring blessings from a once war torn country.  Industrial cities, hospitals, railroad, ATMs, vast resources, miracles. Thanks to Dr. Shabibi, Sudani, and Alak.  Most of all, Praise God.

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