wmawhite: Interesting that there are many groups/entities surfacing that are not just in Iraq, but they are from many other countries; ready to do business with Iraq…this why I continue to believe that the first evidence of this manifesting will come from Iraq’s regional business partners.
Q: [so you’re thinking the IQD will be international but just may not be exchangeable in all countries at first.]
wmawhite: The IQD is international today. However, it is not accepted throughout the world’s inter-bank system because of several factors that Iraq is correcting today.
Once Iraq moves into full compliance of Article 8, bank/countries will be quicker to trade/exchange use it.
Q: [How long do you think it will be before they finish correcting these last few issues for Article 8?]
Wmawhite: The IMF opinion is much more reliable than mine and they told the world that they expect Iraq to enter the world economy market during the 1st half of 2016…I read that statement as the answer to your question…the IMF actually stated that Iraq “will”…did not read as “guess”…
I feel great about what is happening…I expect over the next couple to few weeks more huge news about the CBI…the monetary reforms…the IQD. Will it be exactly what so many are looking for…don’t know, but IMO what we want is coming our way.
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