_Posted Thursday, 09:45 AM
[ArizonaHeat] ya'll want some great news. you will love this
[ArizonaHeat] ok you all know the IMF loaned money to Iraq, correct
ArizonaHeat] now when the IMF loans money to countries, they have rights
[ArizonaHeat] one of those rights is that if the country they loaned money to doesnt have a currency that matches thier GDP, they have the RIGHT by contract to revalue thier currency to a stable rate
Capt Crunch] ArizonaHeat so the IMF should rv the currency now instead of waiting and waiting
[ArizonaHeat] si Iraq is in default at this time
[chillimac] ArizonaHeat so they dont like the delay and have taken control?
[shar35] ArizonaHeat sounds like good news to me - great info! Thanks.
[ArizonaHeat] they have been by about 2 YEARS
ppm:over two years is NOT stable??? We might not like it but isnt that a stable rate? That part has always confused me....
Read More Link On Right
_[KYRV39] ArizonaHeat If I were in default for 2 years for anything they would take it they need to come on
[sgheart] thanks for the 9.2 :) jonnywg
[jda] katydid Don't ask for it to happen before the RV! Or youve just sunk our ship comming in!
[shar35] ArizonaHeat So is the IMF ready to enforce the RV now? Even though it's been status quo for 2 yrs?
[ArizonaHeat] ppm stable is one thig, balanced to your GDP is another
[Capt Crunch] ArizonaHeat you know all this makes sense. the urgency , the need, etc. what doesnt make sense is that when we hear things that make sense like what you were saying yet seeing no urgent action demonstrated by a clear rv. i am sure as you all say there are many things behind the scenes
ArizonaHeat] get this straight, im not saying they are going to RV today, but what Im trying to get you to understand, is that they only have so many excuses before they run out of time
ArizonaHeat] Capt Crunch thats the thing. with all of the movement of money, and that one point of IMF pres. being very public right now,it seems they want some things to be completed soon
last night> [Studley] i can't go into details, so don't ASK... Complex financial events have finally happened... We are in the best window i have ever SEEN....
Capt Crunch] ArizonaHeat I mean , mentally, I am prepared for this to go on till March. Thats when my finances start to go flat line as of today,... dont know what the day will bring yet but I am out there trying to get things done with my work. But mentally I am prepared for march.. this way I am able to stay
[ArizonaHeat] Capt Crunch thats a great outlook, it really is. anything, ANYTHING is possible
[ArizonaHeat] one thing to remember is, as studley would tell you, NO ONE KNOWS when this will pop. NO ONE you will not have a window, or a time line, never ever going to happen, we have situations we feel will bring the RV closer even to light. But dont listen to time frames, they are just not in the cards