Ariel
@Prolotario1
For those who asked why I think Iraq may target 2024. Well because it’s word around the way even from the most unlikely of sources that fiat will disappear this year. But she of course is not the only one.
Nomi Prins, a former Wall Street executive, has predicted that a major financial crisis could unfold in 2024, driven by political and economic instability.
What could this result from? Well Iraq said they want to support their currency with gold. But if they do they can no longer print money to pay salaries. There is a BRICS meeting next month. And I have already told you all that the requirements to join is ditching the USD for all countries.
So Iraq is in a very tight space at this time. And with very little room to move. They are supposed to start pulling troops out this month and we all know that D. Trump wants them to pay us prior to this. Iraq can not cover their expenses this month based on current financial constraints.
Can things alter in their favor where they could find some flexibility to proceed forward for the remainder of this year without changing the rate? I can not find anything that would potentially be solid enough to afford them that much time if they are ditching the printer.