Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2019


An economist is surprised to continue wasting huge amounts of money through the currency auction, an

wciappetta
wciappetta
NNP TEAM
NNP TEAM

Posts : 5023
Thanked : 3006
Join date : 2012-12-20

An economist is surprised to continue wasting huge amounts of money through the currency auction, an Empty An economist is surprised to continue wasting huge amounts of money through the currency auction, an

Post by wciappetta on Wed 13 May 2020, 1:19 pm

[size=18]13-05-2020 03:05 PM
[size=20][You must be registered and logged in to see this link.] [/size]
[You must be registered and logged in to see this link.]
 


 
Baghdad / news
Today, Wednesday, economic expert, Majed Al-Suri, called on Prime Minister Mustafa Al-Kazemi to open the file of corruption and parasites on private banks to deal with the financial liquidity crisis.
Al-Suri told Al-Ikhbaria, "It cannot and does not make sense to continue wasting huge amounts of money by auctioning the currency in the central bank in conjunction with a severe economic crisis and the absence of a real money management strategy."
 He called the new government headed by Al-Kazemi to "open the file of corruption and parasites on private banks in order to deal with the crisis of economic and financial liquidity."
Al-Suri pointed out that "previous governments had put many banks under the guardianship of their theft and corruption, but they did not hold them accountable legally enough to deter others."
It is noteworthy that Iraq, according to the accreditation of the rentier economy, which depends on selling oil and spending its money, made it an unenviable position, especially with the drop in oil prices in global markets.
[/size]


_________________
[You must be registered and logged in to see this link.] For I know the thoughts that I think toward you, saith the LORD, thoughts of peace, and not of evil, to give you an expected end. Then shall ye call upon me, and ye shall go and pray unto me, and I will hearken unto you. And ye shall seek me, and find me, when ye shall search for me with all your heart.
weslin3
weslin3
Interacting Investor
Interacting Investor

Posts : 7242
Thanked : 2097
Join date : 2012-12-19

An economist is surprised to continue wasting huge amounts of money through the currency auction, an Empty Re: An economist is surprised to continue wasting huge amounts of money through the currency auction, an

Post by weslin3 on Wed 13 May 2020, 5:58 pm

Someone has something right... Will they listen?
wciappetta
wciappetta
NNP TEAM
NNP TEAM

Posts : 5023
Thanked : 3006
Join date : 2012-12-20

An economist is surprised to continue wasting huge amounts of money through the currency auction, an Empty Re: An economist is surprised to continue wasting huge amounts of money through the currency auction, an

Post by wciappetta on Thu 14 May 2020, 6:01 am

I think so... What have we seen over the past week to ten days with the passage of the gov? First we know they have to complete the cabinet, that said we have heard of what I feel are direct issues related the revalue. In the past we learned of these same benchmarks with months of time in between completing any of them.

It's different now, we are reading of all these measures being addressed in reports in the last ten days. We read about passing the budget, stopping the  auctions, replacing the CBI gov, visit with Kuwait on reconstruction and changing the exchange rate. 

We know the US is pleased with the new Government, we saw this with the extension of the waiver for electricity for 120 days [four times longer than previously] We also know the new Prime minister understands the need to cozy up to the US because no one else can provide the access to the liquidity Iraq needs for their economy.


We also read about the staunch Iranian supporter Al-Ameri and his political bloc backing off his resistance to America, times are changing...

It just seems to me that this time is looking different than all previous opportunities...


_________________
[You must be registered and logged in to see this link.] For I know the thoughts that I think toward you, saith the LORD, thoughts of peace, and not of evil, to give you an expected end. Then shall ye call upon me, and ye shall go and pray unto me, and I will hearken unto you. And ye shall seek me, and find me, when ye shall search for me with all your heart.
weslin3
weslin3
Interacting Investor
Interacting Investor

Posts : 7242
Thanked : 2097
Join date : 2012-12-19

An economist is surprised to continue wasting huge amounts of money through the currency auction, an Empty Re: An economist is surprised to continue wasting huge amounts of money through the currency auction, an

Post by weslin3 on Thu 14 May 2020, 6:51 am

Thanks Ward for the encouragement... and outlook on this new phase.
avatar
Stevethebrit
Cain't Let Go Investor
Cain't Let Go Investor

Posts : 408
Thanked : 257
Join date : 2012-12-19

An economist is surprised to continue wasting huge amounts of money through the currency auction, an Empty Re: An economist is surprised to continue wasting huge amounts of money through the currency auction, an

Post by Stevethebrit on Thu 14 May 2020, 1:14 pm

Thanks Ward. Always looking for signs and clues as to when and how. This makes good reading for building up optimism thats been lacking of late.
Neno
Neno
Admin
Admin

Posts : 10862
Thanked : 2426
Join date : 2012-12-17
Age : 56
Location : Lone Star State

An economist is surprised to continue wasting huge amounts of money through the currency auction, an Empty Re: An economist is surprised to continue wasting huge amounts of money through the currency auction, an

Post by Neno on Tue 26 May 2020, 6:51 pm

study

Sponsored content

An economist is surprised to continue wasting huge amounts of money through the currency auction, an Empty Re: An economist is surprised to continue wasting huge amounts of money through the currency auction, an

Post by Sponsored content


    Current date/time is Sat 11 Jul 2020, 4:11 am