Why would all of these countries, China and U.S. included, just waive Iraq's debt in the middle of the worst economic time in decades? Probably because they are holding dinar, and Iraq didnt want to pay them twice (debt plus rv) so Iraq obviously took the RV payoff instead of paying them twice.
Iraq will RV between .30-1.00, we will cash in our dinar. Iraq will again RV probably to $2.00, then Iraq will double the value of dinar we turned back to them, giving them trillions in profit. Simple if you think about it. Once these coins hit the streets it's over.
Here is a little piece by a guy I have alot of respect for, he has made millions in the market, read his opinion, and check his background