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Tuesday, May 24, 2016

WMAWHITE TIDBITS, 24 MAY

WMAWHITE


Wmawhite :  Folks...you can take your "countdown clocks" for the end of June and throw them in the trash. 

Q: [why because it will happen before then?]  

Wmawhite:  The "it" to me has always been what the IMF stated last year..."that Iraq WILL enter into the economy market during the first half of next (2016) year." 

The "it" has been happening and IMO, with this agreement and the statement the IMF made...Iraq has walked through that door and has entered the economy market.

Quote: "...assumed that this loan helps to strengthen the credit worthiness of Iraq, and raise the credit rating, the building "umbrella financial | pave the way for the establishment of the seven major industrialized nations (G7) to provide credit facilities for Iraq " 

The Group of Seven (G7) is an informal bloc of industrialized democracies--the United States, Canada France, Germany, Italy, Japan, and the United Kingdom...

First of all...IMO...they have entered (past tense)...done, they are in it, they are negotiating with the G7.

Second, IMO, a change in the status of the IQD will be a result of this action.

And why do I say this? Because Iraq has told us this very information.

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