[winalot] the articles are all saying the first and the 30th for tariffs so... i went to the WTO, and to the Harmonic tariff system, 2 seperate places.. and took a peek
[winalot] the 1st and the 30th are both correct. by the way i went and had a little peek... and guess what i found - tariffs are done! so.. tariffs are done... do you guys know about the window trading system for international trade?
[winalot] to be part of the window system... where all international shipments are handled.... from the letters of credit to dock receipts... you have to have an internationally tradable currency... PERIOD
[winalot] NOW... on to the theory part... and this is JUST a theory. Kuwait...It was 10 days before anyone knew about rv... correct? we keep hearing that countries are trading the dinar.. correct?we also have seen the paris club, saudi arabia and various other countries decide to cancel or reduce the iraqi debt very recently.
[winalot] now the theory part... what if the peeps iraq owe money to are allowed to trade the currency for 10 days or so.. to wipe out debt before going public?
Read More Link on Right
[Jane] winalot read that ..thanks...very hopeful... :)
[winalot] Jane and now it is in the papers over there
mimi3] How does that affect rv, Iraq has to pay tarrifs on goods brought into the country with a worthless currency NOT!! Did i get it winalot winalot
[winalot] mimi3 they HAD to have rv'd prior to implimenting taxes... it's already done
mimi3] winalot ok to the countries first right?
[winalot] mimi3 oops.. not taxes... tariffs
[ [winalot] mimi3 that part i am speculating about
[eleanor] winalot that's why all the gurus that know anything are saying Iraq is out of this?
[winalot] eleanor i never listen to guru's...
rider460] Maybe I missed it but WHY did Iraq have to RV before the Tariffs winalot.
winalot] rider460 because the have to have an international tradable and recognized currency to open the window system of international freight at the WTO... they could not have done that with the 3 rates that they had going... IMF, CBI, and actual rate on the street
[ [Plowboy] Winalot. So do you think that once Iraq has settled her debts the RV will be for us too?
[winalot] plowboy.. .that is what i am hoping.. but that part is a guess on my part