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Wednesday, August 31, 2016

BGG TIDBITS, 31 AUGUST

BGG (Highlights) :  I cannot see how anyone is actually following the financial details of this thing and not be thoroughly EXCITED about where we are (finally!)…
 
One point that gets missed alot – they have signed deals and agreed to remove and adhere to a more “international standard” regarding their internal MCPs… (…”multi-currency practices”)…
 
THIS IS HUGE… MCPs coming to an end…this is a big point in their whole “economic reform package” – it is a complete overhaul…
 
MCPs and currency being only one point of the program…even until recently – they are still (or have been) operating under some odd MCPs. The WB and IMF doesn’t like it…
 
They have agreed to change – are taking direct action and have taken on breath-taking reforms daily…it’s happening before our very eyes…and my final thought is this…
 
Once they step across that “currency threshold” moving towards a “singular currency regime” – the logical solution is for the IQD to be “on par” with the USD (which they are currently using)…
 
You do realize what I just said – RIGHT?
 
The IQD is widely regarded as “GROSSLY UNDERVALUED”… by noted world economists…
 
For them to move to a “single currency” there needs to be some parity once they do so…
 
They can’t come right out and say what it is they really mean (or convey their true intentions)… but  this is looking inevitable.

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