* MANAGE YOUR EXPECTATIONS – Post By IbcraigO OOM Forum: Dinar Recaps 01/02/2012
Jan 1 2012 and no RV, what now?
To be completely honest I never expected to see a rate before the 1st. I have been watching the CBI for many months now and I have never seen them do an update on a Friday or Saturday period. They are fanatical about their holy days and Friday and Saturday are their holy days.
The whole world is celebrating the New Year today so to expect a select few powerful individuals to be working today just so the RV can be made live is a little too much to expect as well, at least IMO.
Tomorrow is the day a lot of the world will be celebrating New Year’s day since it fell on a Sunday and although most retail will be open tomorrow (Monday) I would think that perhaps we may see something tomorrow but I wouldn’t hold my breath unless you look very good in blue because I don’t think we will see anything before Tuesday.
With all that said here is my little thought on this whole situation. One way to handle all the ups and downs in this is to manage your expectations.
They do not have the work ethic that most other countries have, they have not learned that when something very important needs to be done and that sometimes the world does not wait for their holidays or their Holy Days and that they may have to do some things that they are not used to doing like perhaps not take a vacation when they feel like it or even worse they may have to work on one of their Holy Days.
So since they are still living in a society that is decades behind the rest of the world as far as work ethic, they are not going to do the things that maybe the US or Europe would do like work on a holiday to complete something that the rest of the world is waiting on.
Iraq is a country that has been controlled by a dictator for many decades and the people have never developed the ability to think for themselves because they have been told what to think and when to think it for so long.
Even most of the new leaders are still learning to think for them selves and make decisions without being told to. When it comes to those really hard decisions, well they have to think it over for a very long time because this whole decision making process is still very new to them.
We have read that certain world agencies have told Iraq that they need to RV by a certain date or that they need to do certain things that are a little difficult to do and although I don’t doubt this claim, I have not seen anything official that those claims are valid. In other words, I have read nothing in any official statement from the IMF or UN that states that Iraq has to revalue their currency period, let alone that they need to do it by a certain date.
So to accept that this has been said simply because someone said they have a contact who says Iraq was told this is setting yourself up for disappointment. Unless you read it in an official statement it doesn’t exist and is nothing more than hearsay.
If you then expect to see results based on one of these claims but you have not actually seen the official statement then you are just setting yourself up for your expectations to NOT be met and thus disappointment.
The * MANAGE YOUR EXPECTATIONS – Post By IbcraigO OOM Forum: Dinar Recaps 01/02/2012 by Dinar Daddy's Tidbits, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-ShareAlike 3.0 Unported License.
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