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Iraq an economic Study

 
Ohio chic

User ID: 77116307
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07/23/2019 02:01 PM

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Interesting


Peace, Love & Prayers
God bless America
And YES. I am a nurse!

SIDE NOTE- I find articles everywhere and post what I think GLP would like to know.
I do not necessarily believe or endorse some articles I find.
So do not bash the messenger
wayQwyrd

User ID: 77272498
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07/23/2019 03:49 PM

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Yota is actually jealous as shit of the Bros thread. Him banning me for posting a non dinar site is his way of breaking up the Bros. NO DOUBT he Will restrict the postings of Navira and 6ly. Trust me. Yota enjoys his Little fifedom.
 Quoting: Hobgoblin238


Never ever got involved.just lurked for 15 years lol.

Have always enjoyed it but the Bro thread is good info and pretty cool.

Yeah there is a few characters over there for sure.
ewn
wayQwyrd

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07/23/2019 03:50 PM

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Interesting


 Quoting: Ohio chic


Could the money seen be the new lower denoms ?
Getting ready to throw the switch.5a

nid1
wayQwyrd

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07/23/2019 03:57 PM

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And still we wait.
From DVs

Deputy: The vote on the candidate of the Ministry of Education was postponed to the next legislative term

13:30 - 23/07/2019





Information / Baghdad ..
confirmed a member of the Parliamentary Education Committee Ashwaq Karim, Tuesday, non - Arab Axis agreement to nominate a candidate or a candidate Ministry of Education, noting that it was agreed to relay the vote to the next legislative term.
Karim said in a statement to the media that "the failure of the Arab axis to reach an agreement to nominate a candidate or candidate for the Ministry of Education and the continuation of the dispute during the extension of the current legislative term led to an agreement to postpone the vote to the next legislative term."
She added that "we aspired during the extension period to resolve the file of education, but the differences between the Sunni blocs in the reform and construction deep," demanding "to remove the position from the quota and leave the option of the prime minister to choose a professional educational personality independent of the same component." Ending / 25
Revbo™

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07/25/2019 10:17 AM

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The Council of Ministers has formally nominated Ali Allawi to be the next CBI governor, and Parliament, after saying they were going to recess after today's session, is coming back for one more session on Tuesday, so there's still hope we get Alaq out before the end of July.


The appointment of a new governor of the Central Bank and a head of the Financial Control Bureau
(Baghdad: Al Furat News) Cabinet decided, in its first meeting on Tuesday, the appointment of a new governor of the Central Bank of Iraq.
According to a document of the Secretariat of the Council of Ministers obtained the {Euphrates News} a copy of them, the Council "decided to recommend to the House of Representatives to appoint [Ali Abdul Amir Allawi] governor of the Central Bank, based on the provisions of Article 1 of the First Amendment Law of the Central Bank of Iraq The 
appointment of { Salah Nuri Khalaf} head of the Federal

[link to alforatnews.com]

trumpfu

Last Edited by Deplorable Revbo™ on 08/23/2019 04:21 PM
G3
G3

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07/26/2019 01:52 AM

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bump
wayQwyrd

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07/26/2019 11:04 AM

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nid1

IT'S GETTING CLOSE TO THE FINISH LINE.

ewn
wayQwyrd

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07/26/2019 05:18 PM

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Re: Iraq an economic Study
On July 19, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Iraq.
An improved security situation and the recovery in oil prices have improved near-term vulnerabilities. Large fiscal and current account surpluses—around 8 and 6 percent of GDP, respectively—were recorded in 2018, allowing the government to retire domestic debt and accumulate fiscal buffers. Gross international reserves reached $65 billion by end-2018.
However, post-war reconstruction and economic recovery have been slow. Non-oil GDP rose by only 0.8 percent year-on-year in 2018 in a context of weak execution of reconstruction and other public investment. Overall GDP contracted by around 0.6 percent as oil production was cut to comply with the OPEC+ agreement.
The 2019 budget implies a sizable fiscal loosening that will reverse the recent reduction in vulnerabilities. Current spending is expected to increase by 27 percent year-on-year, in part due to a higher public sector wage bill, while revenues will be dampened by the abolition of non-oil taxes. As a result, the budget is projected to shift to a deficit of 4 percent of GDP in 2019, and reserves are projected to decline.
The fiscal and external positions are expected to continue to deteriorate over the medium term absent policy changes—with reserves falling below adequate levels and fiscal buffers eroded. Although the level of public debt will remain sustainable, gross fiscal financing needs will increase. Non-oil GDP growth is projected to reach 5½ in 2019 but subside over the medium term.
In a context of highly volatile oil prices, the major risk to the outlook is a fall in oil prices which would lower exports and budgetary revenues, leading to an even sharper decline in reserves or higher public debt. Geopolitical tensions, the potential for social unrest in a context of weak public services and lack of progress in combatting corruption pose further risks.


[link to www.imf.org (secure)]

nid1
Revbo™

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07/27/2019 01:25 AM

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Is this in the IMF report somewhere? Supposedly, it’s on page 74. If it is, this is a change from previous reports...

“Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1.”
Revbo™

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07/27/2019 08:51 AM

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Is this in the IMF report somewhere? Supposedly, it’s on page 74. If it is, this is a change from previous reports...

“Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1.”
 Quoting: Revbo™


I’ve seen it confirmed that that was, indeed, in the new report. That it a qualitative change from previous reports, and reads, to me, like they are now eligible to make the move to Article 8 from Article 14.
G3
G3

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07/27/2019 05:12 PM

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7-27-2019 Delta FROM IMF REPORT: "Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1" BYE BYE ARTICLE Article XIV ...WELCOME ARTICLE VIII.


5a
Anonymous JD
Anonymous JD

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07/28/2019 03:21 PM

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Thought I would share this, I look for kaps stuff still even though they took me off their site for no reason.

7-28-2019 Newshound Guru Kaperoni ...Iraq has been clear of restrictions under Article XIV for some time, but still has one restriction, under Article VIII they must overcome before they can officially accept Article VIII.

Last Edited by Anonymous JD on 07/28/2019 03:22 PM
My two cents,
JD

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My Survival PDF Library [link to pdf.anonymousjd.com (secure)]
Revbo™

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07/29/2019 03:11 PM

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No link yet, but someone just emailed me this article. It appears Ali Allawi is currently in charge at the CBI via proxy until he is confirmed by the Parliament.



Abdulmahdi takes a step by appointing six Iraqi officials with intractable positions
29th July, 2019


The victory coalition revealed on Monday the names submitted by the General Secretariat of the Council of Ministers to the Parliament to vote on the names of candidates for positions of special grades,including the Governor of the Central Bank to the House of Representatives after the approval of the Council of Ministers. "Special grades" means lower government posts than ministries, which are estimated at 2,000 by heads of agencies, deputy ministers, advisers, heads of missions and general directors.

Prime Minister Adel Abdul Mahdi has pledged to end proxy appointments and assign independent figures to a scene that has become increasingly intransigent to previous governments. Political parties and blocs are required to be subject to quotas, just like the government. "The cabinet a few days ago voted on a number of names to fill important positions in the special grades, and then turned those names to parliament for a vote," said the leader of the coalition Ali al-Sunaid.

Al-Sanaid said that "these names have started their work officially after the vote of the Council of Ministers, and now manages the positions of the proxy, and is waiting for the House of Representatives to vote on them, to be pure," asserting that "these names were chosen by consensus and political agreement, away from the basic laws and standards of occupancy So positions." Recommended to the Secretariat General of the Council of Ministers, a recommendation to Parliament to vote on the names of candidates for positions of special grades, including the Governor of the Central Bank to the House of Representatives after the approval of the Council of Ministers.
wayQwyrd

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07/29/2019 04:11 PM

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Monetary, Exchange Rate, and Financial Sector Policies and Reforms

8. The authorities remain committed to the peg to the U.S. dollar as it continues to provide a key nominal anchor to the economy.


As i said over at DV
I,m gonna assume they will remain committed to the peg right up till it RV.s OR ??
wayQwyrd

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07/29/2019 04:16 PM

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I also posted this opinion.
I can't remember where i found it or who wrote it but it is interesting.

WARNING LONG WALL OF TXT LOL


This History lesson is intended to educate people that want to learn the truth behind what will be the largest single financial event of our time…. the pending Revaluation of the Iraqi Dinar, the currency of Iraq. The ramifications of this event will change world This History lesson is what’s known as, The Plan, the most brilliant example of International Finance based on Fossil Fuels, Currency and Politics the world has ever seen and it was orchestrated primarily by former Vice President Dick Cheney, former Chairman of Halliburton, the leading Oil Services Company in the world AND Key Members of the Federal Reserve. For those of you that don’t know, The FED is its’ own independent corporation owned by some of the wealthiest families in the World. The US Congress has no say in its internal or external policies! The FED helps maintain economic stability in the world through a network of Central banks!
By the end of this you’ll fully understand what the FED and the US Government have been doing behind the scenes for the last decade in Iraq and what’s about to come to fruition for the US as the leader of the Coalition forces that freed Iraq from the tyranny of Saddam Hussein. You’ll recall, Iraq, under Sadam, went on a rampage in the early 90’s and invaded his neighbor, Kuwait where they pillaged and then burned the oil wells on the way out as the US chased him back to Iraq under President Bush Sr. The United Nations then severely punished Iraq by putting economic sanctions on the Country that helped devastate their economy driving their currency, the Dinar, from a value of $3.22 per Dinar to the current low of 1/10th of a penny! This is what I call the “Ultimate Paradox”, where you have potentially the richest country in the world with a currency that is basically worthless! Because of Sadam’s actions in Kuwait and the brutality he was showing against the Kurds in northern Iraq, the US was forced to make a political, military and humanitarian move to extricate him from power. Those were the altruistic reasons that were given by our Government but the real reasons were to protect our supply of oil and make huge profits, as we are currently economic & political hostages addicted to oil.
This is where Chaney, Bush and leaders of The Fed came up with The Plan, a brilliant strategy, as you’ll learn, involving Oil, Currency and Politics that was a way for us to get back into Iraq and protect our oil interests, create trillions of dollars of profits and try to have the Iraqi Government become a Democracy and bring political stability to the region without seeming to be American Imperialists!
Chaney created a tremendous amount of fear that there was a possibility Sadam had Weapons of Mass Destruction and the US had to get back into Iraq quickly with military force and put an end to his regime. The US took this plan to the United Nations and got approval for an invasion into Iraq to stop this maniacal leader! The next thing you saw was on CNN with bombs bursting over Baghdad while the US invaded Iraq! Within a few days, we had control of the Country and had chased the Iraqi Army and Sadam underground. The rest is history, as Hollywood even showed you its rendition of The Plan in the recent movie, The Green Zone, starring Matt Damon.
You see…. they never found any WMD’s but when the US got back into Iraq we started spreading the seeds of Democracy in a Country that goes back centuries in the Bible known as Babylon and is the origin of the Garden of Eden. This country has always been violently split by three religious tribes: The Shiites, the largest of the 3 tribes, the Sunnis and Kurds that have never been able to get along. However, within 2 short years the first “democratic election” was held under US supervision and 83% of these tribes finally agreed on one thing and that was, freedom! They all risked their lives by sticking their index finger in an ink well marking themselves as a voter…..think of the magnitude of that statement!
On March 7th 2010, Iraq held its second election, this time without much US Intervention and once again over 80% of the people voted showing their thirst for freedom. After earning the un-profound distinction of being the longest interim Government in History the Parliament is now in full session and finally named Nurial Maliki, former Prime Minister, as the new PM after he had lost the popular vote back in March to his Sunni Competitor, Allawi. In the true spirit of a Coalition Government, Allawi, accepted the powerful position of President of the newly formed National Council. Maliki’s power has significantly been reduced from his last regime. Alawi will also have a veto power over any of Maliki’s proposals, which is a huge compromise and probably the reason the Kurds went along with keeping Maliki in the now somewhat “figure-head” PM position. The final details of this new democracy are finally being ironed out!

This past December the United Nations Security Council lifted the Chapter VII trade restrictions that Iraq has been under for many years that will now allow them to have Commerce with the outside world. Ladies and gentleman, this is major progress in a macro Economic event that is evolving before our very eyes!
It took nine months of “political persuasion” to form the Government, which was an absolute pre-requisite before a Revaluation of the Currency could become a reality! The Budget is in the final process of approval…However, the missing major factor is…the rate! In my opinion, the rate has been decided based on the intrinsic values of their natural resources and the amount of Dinar in circulation. It also has been approved by the CBI, IMF and the FED so now it’s a matter of getting all the “talking heads” together to decide when to pull the trigger. All you have to know is that the RV is imminent! It literally could happen in the next few days or in the next few months but it will happen and when it happens, it will affect all 4 corners of the world
There’s much Intel coming out of Iraq on a daily basis… some based on true facts and much on pure “smoke” but there’s no way that the pending Revaluation can be kept quiet as there’s just too much co-ordination and things to accomplish on multiple fronts before the “blessing” becomes a reality. However, one thing for sure is that a Democratic Iraq without economic sanctions can start constructing the infrastructure of the next international economic “super power”! As the world’s fastest emerging economy gets rolling it’ll help put an end to the world wide recession! Consider there are now over 4000 Contracts already in place from billions to millions that are ready to start! Do you think they’ll be paid with a Dinar valued at 1/10th of a Penny?
Back in December of 2009 Iraq invited the top Oil Companies of the world to come in and bid on the oil drilling rights. Long story short, Iraq received hundreds of millions from the “bid process” and then the oil companies were awarded contracts from a low bid of $1.15 a barrel to a high of $4 a barrel in various areas throughout Iraq. This means at the current price of $95 per barrel, Iraq will receive between $91 and $93.85 per barrel while the oil companies put in the infrastructure, drill the wells and lay the transmission pipelines to the ports! Iraq will benefit greatly as the price of oil escalates going forward as many countries currently hold Dinars and will become customers for decades!
It’s important to now understand who controls the outstanding Iraqi Dinars, which some estimate at 26 trillion. Actually, various countries, including the US, UK, China, Russia, etc and Central Banks around the world control approximately 55% of the total outstanding Dinars with the US is estimated to have 3.7 trillion in its coffers in D.C.! Iraq has 42% for their own internal economy while only about 3% are in the hands of speculators like us! There is much at stake here with oil and the Dinar and that is the value of the US Dollar! The FED controls the Central Banks around the World and is NOT about to give up control of the Dollar and the Dinar is their vehicle to maintain that control!
If you look at the other Gulf countries they all have thriving economies based on their oil production that has allowed them to construct magnificent architectural oasis’ in the middle of deserts. Only Iraq and Iran have been stuck in the Stone Age primarily because of their religious and political differences that have paralyzed them. The FED and US Government already know that Iran will self destruct as Iraq becomes an economic power house!
Just the development of Iraq’s basic infrastructure is enough commercial activity to give the world the “economic shot of penicillin” to lead us out of a recession and strengthen the US Dollar. Again, the Fed will not let the Euro or any other currency harm the Dollar. Imagine the economic boost just from all the individuals that’ll start spending their new found wealth!
We investors have been patiently waiting for the RV of the Iraqi Dinar. Kuwait had their own RV back in the 90’s when their Dinar went from 10 cents to over $3.30 per Dinar. Just two months ago the Kuwaiti Dinar had a Revaluation out of the clear blue as it RV’d to $3.58. This could be a major hint on the pending rate of the Iraqi Dinar as Kuwait has always said they did not want the Iraqi Dinar to be one penny than theirs!

The Revaluation of the Iraqi Dinar will happen on its own time frame as it is a macro economic event that has tremendous consequences that will affect the entire world.
nid1
wayQwyrd

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07/29/2019 04:35 PM

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[link to currencynewshound.wordpress.com]

This is from several years ago ,but a timely reminder.

I realize many of you have done your research on how to invest, donate, and spend your money (Lord knows we have had plenty of time to do that, LOL) but time should also be allocated to how you are going to receive your investment. Preparation is not a huge task and I believe it is essential.

Many of us have our dinar stuffed in the sock drawer, safe deposit box at the bank, or maybe even locked in the pages of your Bible but when that day arrives for you to exchange your currency there are a few things you should consider. Here are some simple steps and advice…


Give thanks: First and foremost hit your knees!

Keep Quiet: On the day you discover your investment has RV’d your first reaction is to scream with excitement and to tell the world. Think of your safety and your family’s safety first. Handle your affairs as quiet as possible.

Even though this event trumps all events you could ever post on Facebook and Twitter…it is better not to tell anyone about this particular event.

Identification: If you decide to use a bank or your currency trader at time of exchange both are going to ask for 1 to 3 different forms of identification.

Make sure your id’s are current. You will likely use your driver’s license, passport, credit cards, student ID, work ID, and/or a utility bill.

Banking: If you are dealing with small banks, go straight to the VP or upper management. With larger national banks, go to their Private Banking or equivalent division for customers with great wealth.

They may have more options when it comes to banking, and have a better grasp of the disclosure and security procedures in the bank.

If you are utilizing the services of a currency trader make sure you have all the needed account numbers that the exchange office will require in order to wire funds to your bank of choice. So you will need your bank name, bank account, routing number, and wire transfer numbers.

It would also be beneficial, if you know your banker, to have his/her name and phone number ready in case there is a technical challenge wiring the funds. If not, have the banks phone number readily available.

Also, research your own bank options, banking fees, bank account features, return rates, FDIC insurance, NCUA insurance, etc.

Contingency Plan: Lets say you plan to go to your local bank to cash in your dinar. You find out there is something you are not too familiar with or maybe…they do not offer a currency exchange service.

They are going to ship your Dinar out-of-state (out of your sight) for 3 or 4 days, the cash in spread is too high, etc etc. What do you do?

Do some calling around before you leave to see what services your institution offers. Ask about the rates and if there will be a delay for the money to be deposited into your account.

Depositing your Cash
Regardless of the method you use to exchange your dinar into dollars you likely deposit a large sum of cash into a bank account. If you are in the United States banks are required to report to the IRS any single deposit exceeding $9,999.99. This is to identify potential criminals dealing in fraud, theft, or even terrorism.
Furthermore, funds deposited in the amount of $10,000 or more can be “frozen” by the bank or by the bank on behalf of the IRS if the deposit appears “suspicious”. These frozen funds can by tied up to 10 days or until you can provide valid proof where these funds originated.
There are suggestions on how to avoid your bank account from being frozen but none will guarantee you will not wait to have access to your funds. Banks can hold wired funds, checks and cashier checks until funds are honored by the issuing institution. Much like a second party check each bank has a “clearing” period based on different transaction types.

Prior to making the deposit (especially if it is a large deposit) talk with the manager and explain the situation as an investment payout. You may need validation of some kind such as a written statement. This may avoid the IRS from being directly involved and shorten the time frame you will have access to your entire deposited funds.
Please discuss this with your banker, attorney, and/or CPA for further clarification and understanding.
“Walking” out with your money
If you were cashing a check for a few thousand dollars it is likely the banker would place your bills in a zipper bag and let you walk out the door. However if you ask to walk out with lets say a few hundred thousand dollars be prepared to wait.
Banks refrain from having large bulks of cash on hand for security purposes and most transactions are electronic. However if you desire to have “cash” be prepared to make a request anywhere from 24 to 72 hours prior to your withdraw in order for the bank to make arrangements.
Trusts, LLC, and Other Legal Entities: There are many ways to suggest how to set up your financial portfolio. Some have suggested to set up a trust(s), some have suggested establishing a LLC. Some just plan on cashing in as a single person.
However you decide to set up your arrangement make sure all of the legal documents are close by so that you can refer to them, if need be.

If you desire to open a bank account under a Trust, LLC, etc. these documents will be required. See bank accounts above.

Wills: I realize this sounds morbid but it is essential. I hate to say it but here is a scenario…you cash in and deposit $1 million in your bank account. On the way out of the bank you do your best impression of the Snoopy dance. Not watching where you are going you come face to face with a large RV…not revaluation but a recreational vehicle! Your RV came twice that day…first to make you wealthy and the second time to meet your maker. So what happens to your $1 million?

This is why it is essential to draw up a will. Even a simple notarized will is better than nothing. Easy wills are found at places like Office Depot…some are free online as well.

Tax: The ugliest three letters ever made up. But it is something we all will deal with. Don’t try to avoid it as you will find yourself regretting you ever did. Its better to place a certain percentage aside allocated just for taxes and never touch it! These percentages have been quoted all across the spectrum but whatever you decide to allocate..remind yourself not to spend it till you decide to send that check to Uncle Sam.

My advice would be to look up the phone numbers of local CPA’s, CPA/Tax Attorney’s and have their numbers available to make appointments with them post RV. Get their advice and reconcile their thoughts. Once you pick someone you are comfortable with he/she can walk you through the needed forms and steps. Of course, choosing a CPA or a Tax Attorney is not that simple…so keep your ears open for a well-qualified person to handle your taxes.

Post RV Investments: The only advice I can give you here is to… get advice. Seek the services of a financial consultant, go to the library, Google everything that comes to mind. I will admit that just about any financial advisor that exists would likely roll of out of his chair in laughter if he heard about this investment pre-RV but I would also place a handsome bet that he or she would want your business when you are in search of advice post-RV.

Do your due diligence before you spend money whatsoever. Don’t be afraid to get second opinions and ask around.

This kind of blessing will likely never happen like this again so be wise.

Donations/Tithe: I think it is imperative we should all give back, pass it forward, and donate. But do your homework and give your money to honest charities. It’s shameful to think that people make up fraudulent organizations and never spend donations instead they line their greedy pockets. Give to organizations that are close to your heart. Tithe to your church. The tax man is going to take a chunk of your wealth you might as well offset the tax man by giving those funds to something meaningful and worthwhile.

Document Everything
This can’t be emphasized enough. If you are fortunate to gain a large sum of wealth remind yourself to treat your accounts appropriately and be careful not to let others mishandle your money.

You may have more money than you ever had before but that doesn’t mean you will always have it. Keep records, bank statements, receipts, contracts, agreements, etc.

If you hire a financial advisor be actively involved with your account and have understanding of what your advisor is doing with your money. Also, be aware of all of the fees advisors charge for their services.

After all how many times have you heard of celebrities discovering they are broke because they trusted someone else with their money?

Debt: When the RV occurs you will have been blessed with a sudden amount of wealth. No matter how small or large the sum of your return find it in yourself to reduce your personal debt. Pay off the mortgage, pay off the credit cards, pay off the installment loans, pay off the student loans, pay it all off. Stop being a slave to debt and avoid at all costs reentering into a lifestyle of owing a creditor.

Pay yourself: There is nothing wrong with spending money on yourself. Take a vacation, buy a car, pay off some bills, go to the mall. Withdraw some “fun” money but take the rest and let the interest and dividends accrue.

Remember to buy smart: Many of us have lived modestly most of our lives and with a sudden amount of cash in the bank your buying potential could be endless. But remember to be smart when making purchases. Sure you can afford a 10,000 sf house but remember the taxes, utilities, and cost to maintain the home. Sure you can afford a Ferrari, Lamborghini, and a Porsche but remember the maintenance cost associated with these high end cars. Enjoy your wealth…learn to keep it.

Loose Lips, Sinks Ships: Its sad but true…the minute you have money in your bank account will be happy. But if friends and family that are non-dinar investors hear of your recent influx of wealth they are going to want a piece of your pie.

I am sure you are going to want to help your friends and family but do it under your own will and not because of their solicitation. Be quiet and serve your fortune to those with gratitude and need.

Safety: Lets just be honest. There are some cruel people in this world and they will do anything they can to harm you or your family in order to obtain a portion of your wealth. This refers back to being quiet. Fly under the radar. Live as normal as you can. Enjoy your life but be aware of your surroundings and the people you invite into your life.

Enjoy your life: Money does not buy happiness. Some of the richest people in history were the most miserable. Let the happiness in your life result from living your life right, spending your wealth of time with your family, and being debt free.

Now that you are rich avoid falling into the temptation the desire to become wealthier.

Don’t let money be a driving force in your life. It is perfectly fine to invest and protect your wealth just don’t allow it to consume your life.

These are just a few tips and suggestions. I am not a financial consultant, CPA, lawyer, and in no capacity have the power to give financial or legal advice however I am a concerned investor that wants all of us to be informed.
Anonymous JD
Anonymous JD

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07/29/2019 05:34 PM

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Re: Iraq an economic Study
Ty, a lot of good advice =)

Ya I am on still browsing DV too, a lot of news lately like never before, its amazing.

I am on an ipad so I wont be posting all that much right now but still here and holding.

JD
My two cents,
JD

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Revbo™

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07/29/2019 08:09 PM

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No link yet, but someone just emailed me this article. It appears Ali Allawi is currently in charge at the CBI via proxy until he is confirmed by the Parliament.



Abdulmahdi takes a step by appointing six Iraqi officials with intractable positions
29th July, 2019


The victory coalition revealed on Monday the names submitted by the General Secretariat of the Council of Ministers to the Parliament to vote on the names of candidates for positions of special grades,including the Governor of the Central Bank to the House of Representatives after the approval of the Council of Ministers. "Special grades" means lower government posts than ministries, which are estimated at 2,000 by heads of agencies, deputy ministers, advisers, heads of missions and general directors.

Prime Minister Adel Abdul Mahdi has pledged to end proxy appointments and assign independent figures to a scene that has become increasingly intransigent to previous governments. Political parties and blocs are required to be subject to quotas, just like the government. "The cabinet a few days ago voted on a number of names to fill important positions in the special grades, and then turned those names to parliament for a vote," said the leader of the coalition Ali al-Sunaid.

Al-Sanaid said that "these names have started their work officially after the vote of the Council of Ministers, and now manages the positions of the proxy, and is waiting for the House of Representatives to vote on them, to be pure," asserting that "these names were chosen by consensus and political agreement, away from the basic laws and standards of occupancy So positions." Recommended to the Secretariat General of the Council of Ministers, a recommendation to Parliament to vote on the names of candidates for positions of special grades, including the Governor of the Central Bank to the House of Representatives after the approval of the Council of Ministers.
 Quoting: Revbo™


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Hobgoblin238

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07/29/2019 11:20 PM
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Re: Iraq an economic Study
Posted December 9, 2010
8:36 PM [Anita] Adam Montana we listen
8:36 PM [Adam Montana] I have it on good authority - people I trust
8:37 PM [mikes390] OMG!!!
8:37 PM [Adam Montana] people that don't say stupid stuff and make up rumors
8:37 PM [Adam Montana] actually
8:37 PM [Adam Montana] people that don't even use the internet for the same purposes as us
8:37 PM [Adam Montana] that there's a good chance the 15th is our day
8:37 PM [Adam Montana] that's exciting
8:37 PM [Adam Montana] BUT
8:37 PM [Adam Montana] it's only a chance
8:37 PM [Adam Montana] there are a couple of things that need to happen
8:37 PM [Adam Montana] and they are kind of long shots
8:38 PM [Adam Montana] so i want you to all have a happy christmas and holiday season
8:38 PM [Adam Montana] if it DOESN'T happen by the 15th
8:38 PM [Adam Montana] I am going to go out on a limb and say it WILL NOT happen until after the first of the year
8:38 PM [Adam Montana] so enjoy your holiday
8:38 PM [Adam Montana] no matter how much loot you have in the bank
8:38 PM [Adam Montana] in fact
8:39 PM [Adam Montana] I'd encourage everyone to turn off the internet between the 16th and the 1st
8:39 PM [Adam Montana] and enjoy yoru families
8:39 PM [Adam Montana] I hate to be an anti-pumper
8:39 PM [Adam Montana] but that's what I'm hearing
8:39 PM [Adam Montana] I have no reason to think we're looking at anything but good news pretty soon
8:39 PM [Adam Montana] this is just a matter of dates
8:40 PM [Adam Montana] ok I'm done
8:40 PM [teegann] Adam Montana thank you very much
8:40 PM [RVDinar4MyFamily] Adam Montana ty
8:40 PM [patriotic party girl] Adam Montana thanks you
8:40 PM [color4u2] Adam Montana thanks for all you do
8:40 PM [EagleEye] ty Adam !

THUS PROVING THAT ADAM MONTANA IS A JACKASS TOO.
Anonymous JD
Anonymous JD

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07/31/2019 01:38 PM

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Re: Iraq an economic Study
The only person I trust is Kap, he spent a lot of time with me and would explain what and why but most importantly he would answer my questions.

The news from Yota is superior on DV but the people cranky all the time. Not all, but most. I found one person on DV who is level headed that I enjoy their posts and talk with,

DA was the best for me, but after Bob died it all changed. I made a donation after he died to help and then was shut out of the site, not sure what happen there. Which is ok.

No other sites are worth it because all you need to do is just follow the news and not a person. Adam has them hook line and sinker, which is ok but I am not falling for it.

So I basically look for kap, revbo and yota to get my news and insights if I had to say anything about it.

We all know it just so under-valued and has to go international.

My two cents. hf
My two cents,
JD

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G3
G3

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07/31/2019 10:22 PM

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Re: Iraq an economic Study
7-31-2019 Kaperoni - Iran announced today they are changing currencies from the Riyal to the Tuman and deleting 4 zeros. That's a Lop because of failed monetary policy. Iraq is different because monetary policy has been a success in Iraq.
Ohio chic

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08/01/2019 05:52 AM

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Re: Iraq an economic Study
Nusseiri: Calls on the government to activate its decisions to support private banks



Banks

Economy of Iraq - Baghdad

The economic and banking adviser to the Association of Iraqi private banks, Samir Nusairi, on Thursday, to activate its decisions on government support for private banks, which issued earlier but did not implement what was intended by these decisions.
Al-Nusairi said in an interview with "Economy News" that the structure of the Iraqi banking sector consists of 7 government banks, which account for 86% of the total deposits of the government and the public and 78% of the total assets and private banks constitute 70 commercial and Islamic banks and invest 78% of the capital of the banking sector "He pointed out that the objectives set for the banking sector in the fourth axis (strengthening the economy) in the government curriculum focused on achieving lending for development, considering banks as a lever for development and building bridges of trust with the public and achieve financial coverage in the sense of expansion and spread Presented by Ntjat and banking services and the practice of real banking and digital transformation of the banking sector in accordance with the time limits specified in the government program.
Al-Nusairi stressed the importance of stimulating and revitalizing the economy with banking finance and banking facilities in the face of its implementation at present. Despite the great efforts exerted by the Central Bank since 2016 to implement the objectives of its strategy for the years (2016-2020) The most important of which are the structural, structural and technical developments in banks, increasing the proportion of financial coverage and investment in human capital, and moving towards stability in the monetary system and stability in the exchange rate. Y year and a half.
He pointed out that the banks also need government support for the purpose of achieving what is stated in the governmental curricula, taking into account the following: The nature of the activities of the banks depends on the nature of the activities of the economic sectors. As long as the economic activity is concentrated in trade (imports), the activity of banks remains focused on foreign transfer and related Therefore, unless the other sectors (industry, agriculture, tourism) and others move to predict the diversity of banking activity, the legal environment and the extension of the rule of law should be provided to eliminate the phenomenon of default in the repayment of loans. Form a large proportion of total credit granted and thus reluctance of banks to provide loans and banking facilities.
Without the control of imports, these sectors will not rise, which explains the lack of progress on serious loans through the initiative of the Central Bank.
He added that the non-activation of the decisions of the Council of Ministers and the Committee on Economic Affairs in the Council of Ministers, which had previously been issued to support the banking sector, especially private banks, have impeded the activities and activities of private banks and significantly affected the liquidity and revenues and deposits for that and for the purpose of implementation of the government program to ensure the transition The role of banks from banking to the developmental role and the revitalization of the banking business requires the government and in particular the Council of Ministers and the Committee on economic Affairs to activate the decisions that have already been issued by the Council of Ministers and the Committee on economic Affairs and is also documented in numbers and the following dates: -
a 1-
Not to accept the Ministry of Finance to open bank accounts for ministries and state departments in private banks and to reserve them in government banks under its book 207 dated 31/1/2019.
2 - Activate the decision to allow ministries and government departments to open documentary credits in private banks up to 50 million dollars without going through the Iraqi Bank for Trade.
3 - Activation of the Council of Ministers Resolution No. 110 of 2009 and the decision of the Committee on Economic Affairs 141 on 20/02/2012 regarding the transfer of government documentary bank credit up to 30 million dollars to private banks through the Iraqi Bank for Trade.
4- Activating the decision of the Committee of Economic Affairs No. 253 of 2015.
Regarding the acceptance of instruments ratified by private banks to pay insurance and customs fees and taxes.
Second: Activating the Cabinet Resolution No. 378 of 2018 concerning the collection of government fees in the government departments through electronic payment.
Third: Activating the financial services court formed in accordance with the Central Bank Law No. 56 of 2004, and the court may refer cases that require referral to the competent courts in accordance with the applicable penal law.
4 - to consider the debts of troubled banks customers in the private banks urgent claims and excellent debt like government debt.
Fifth, in addition to the efforts of the Central Bank requires the government also to work to provide conditions and take measures to help private banks to obtain the credit rating adopted internationally and thus strengthen international banking relations with correspondent banks.
VI - The Ministry of Finance to compensate for the damage to the monetary assets and fixed lost by the branches of private banks, which amounted to (37) branches in the provinces occupied by the terrorist advocate and documented with the Central Bank of Iraq.
VII. Activating the decisions of the Council of Ministers No. 313 of 2016 and 218 of 2017 regarding the settlement of salaries of employees and the demand from government departments to settle their salaries as they wish and not to direct them to settle salaries in government banks exclusively.
Peace, Love & Prayers
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SIDE NOTE- I find articles everywhere and post what I think GLP would like to know.
I do not necessarily believe or endorse some articles I find.
So do not bash the messenger
wayQwyrd

User ID: 77158347
Australia
08/01/2019 03:43 PM

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Re: Iraq an economic Study
The only person I trust is Kap, he spent a lot of time with me and would explain what and why but most importantly he would answer my questions.

The news from Yota is superior on DV but the people cranky all the time. Not all, but most. I found one person on DV who is level headed that I enjoy their posts and talk with,

DA was the best for me, but after Bob died it all changed. I made a donation after he died to help and then was shut out of the site, not sure what happen there. Which is ok.

No other sites are worth it because all you need to do is just follow the news and not a person. Adam has them hook line and sinker, which is ok but I am not falling for it.

So I basically look for kap, revbo and yota to get my news and insights if I had to say anything about it.

We all know it just so under-valued and has to go international.

My two cents. hf
 Quoting: Anonymous JD


bumpnid1bump
I also pay attention to the above mentioned.

ewn
Hobgoblin238

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08/01/2019 04:21 PM
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Re: Iraq an economic Study
Was thinking of moving to Alabama if this happens...but am a Little worried about the black on White violence problema.
Revbo™

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08/01/2019 04:30 PM

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Re: Iraq an economic Study
Was thinking of moving to Alabama if this happens...but am a Little worried about the black on White violence problema.
 Quoting: Hobgoblin238


chuckle

Stay in the suburbs and you'll be fine. We are extremely heavily armed and the bad guys want none of it.

The only trouble I've ever had was one time when I stopped at a gas station in the 'hood, and when I lived too close to the 'hood in Southside, Birmingham. One cock of the 12-gauge sent that idiot running, though.
anonjetphyxr
User ID: 77417233
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08/02/2019 08:37 PM
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Re: Iraq an economic Study
Was thinking of moving to Alabama if this happens...but am a Little worried about the black on White violence problema.
 Quoting: Hobgoblin238


chuckle

Stay in the suburbs and you'll be fine. We are extremely heavily armed and the bad guys want none of it.

The only trouble I've ever had was one time when I stopped at a gas station in the 'hood, and when I lived too close to the 'hood in Southside, Birmingham. One cock of the 12-gauge sent that idiot running, though.
 Quoting: Revbo™

Never had that happen to me...went for pizza in Gary,IN and that was scary enough
Hobgoblin238

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08/02/2019 10:43 PM
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Re: Iraq an economic Study
Was thinking of moving to Alabama if this happens...but am a Little worried about the black on White violence problema.
 Quoting: Hobgoblin238


chuckle

Stay in the suburbs and you'll be fine. We are extremely heavily armed and the bad guys want none of it.

The only trouble I've ever had was one time when I stopped at a gas station in the 'hood, and when I lived too close to the 'hood in Southside, Birmingham. One cock of the 12-gauge sent that idiot running, though.
 Quoting: Revbo™


Well I was thinking of Gulf Shores or Foley Alabama. The property tax is the second lowest in the nation. Love that. AND both those areas are 95% white. But it bothers me a little that Mobile is nearby.
Revbo™

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08/02/2019 10:54 PM

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Re: Iraq an economic Study
Was thinking of moving to Alabama if this happens...but am a Little worried about the black on White violence problema.
 Quoting: Hobgoblin238


chuckle

Stay in the suburbs and you'll be fine. We are extremely heavily armed and the bad guys want none of it.

The only trouble I've ever had was one time when I stopped at a gas station in the 'hood, and when I lived too close to the 'hood in Southside, Birmingham. One cock of the 12-gauge sent that idiot running, though.
 Quoting: Revbo™


Well I was thinking of Gulf Shores or Foley Alabama. The property tax is the second lowest in the nation. Love that. AND both those areas are 95% white. But it bothers me a little that Mobile is nearby.
 Quoting: Hobgoblin238


Gulf Shores is my happy place. You’ll love it. Mobile is an hour and a half away. The only Mobilians who go there go for vacation.
wayQwyrd

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08/04/2019 12:27 PM

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Re: Iraq an economic Study
Moody’s affirms Iraq’s Caa1 ratings, maintains stable outlook


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08/04/2019 01:43 PM

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Re: Iraq an economic Study
Moody’s affirms Iraq’s Caa1 ratings, maintains stable outlook


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nid1
 Quoting: wayQwyrd


trumpdancing





GLP