Frank26
[Iraq boots-on-the-ground report]
FIREFLY:New commercials on TV about global partnership and stability and security of our economic future.
One after another commercials are saying we are stable and secure and how we are open for International companies to come in and invest in Iraq...The whole world is pouring in...This is happening at a very fast pace and we don't even have Alaq here in our country.
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Saleh on TV right now and he just told us that the project to delete the zeros is ruled out at this present time... Then he turns around and says we need to reduce the amount in the budget from trillions to billions and then ends the conference talk by saying many have called for the removal of the three zeros which would increase the dinar...We are both in shock and stunned because he said one thing and then he said another thing.
FRANK: What he's telling you is exactly right...it doesn't make any sense...This is B.S. It is a lie...Trust me, nothing is stopping the purchasing power that is coming to you Iraqi citizens. Nothing...China did the same thing back in the 90s...They came out with a full page article in their newspaper saying there were not sign to increase the value. 3 days later they increased the value. This may be the same scenario. A diversion for speculators.
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Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Alaq in the United States of America means very little for us in the sense of a rate change. It is more for the banks to try to get their situation straightened out and no more sanctions.
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