* ibcraig0 (There’s a kind of hush…): OOM 1/3/12
There’s a kind of hush all over dinarland today. I have to admit that I have kept myself in check not wanting to allow myself to get excited based on what was being said in the forums about when this is going to happen, but last night I actually allowed myself to get a little bit excited. Sadly I woke up this morning to the same old same old.
There is not much being said anywhere right now and I wonder why. I have looked at the news and there isn’t much of interest there either. One of the things that made sense to me was that Iraq was opening trading for the first time in 2012 on the ISX today and it was thought by some that they would want their currency at the new rate before that trading began. I see that it did indeed begin trading however unless the RV has actually taken place in Iraq and not the rest of the world, they are trading with currency worth less than one tenth of a cent, and with a currency that for sure is not being traded on the world market.
I have read some people saying that if it didn’t happen today it would happen this week for sure. Well I don’t pretend to understand what the leaders in Iraq are thinking and I don’t think anyone else does either, but it made a lot of sense for them to have an internationally traded currency with a value of more than that of toilet paper to begin the new fiscal year and to begin trading on their stock exchange. It has become increasingly apparent that the leaders of Iraq do not use common sense nor business sense nor any kind of sense at all in trying to establish their new government. It looks like all they are interested in is playing games and fighting between them selves.
I guess that where in the real world where a country would be concerned about the accounting of changing currency values midstream in a year, the leaders of Iraq could care less. Where a country in the real world would be concerned about doing what is right for the people of that country, the leaders of Iraq could care less. Where a country in the real world would see the potential of their country in terms of oil and natural gas and other resources, the leaders of Iraq can’t see beyond their petty differences to see how much wealth awaits them if they would just pull their heads out of the sand and stop all their ridiculous bickering. I guess that they have lived like this for so long that they don’t know any other way. It is sad really because Iraq has so much potential and they just keep playing their silly little games rather than putting their differences behind them and moving forward to make Iraq what it has the potential to be, and in the process making their selves wealthier than they can imagine. I guess it is more important to them that they have all their buddies seated in the government next to them rather than taking care of the 30 million people who are suffering without even basic services needed to live.
I guess we are all waiting to see if one of them has enough brains to put a stop to all this crap going on in the government or for someone with enough power like the UN or IMF to step in and say enough is enough and make them just do what needs to be done. Time will tell, hopefully the time is short and doesn’t take another month or even worse year…..
The * ibcraig0 (There’s a kind of hush…): OOM 1/3/12 by Dinar Daddy's Tidbits, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-ShareAlike 3.0 Unported License.
Comments
-
-
Follow Dinar Daddy
-
-
Currency Converter Powered by Forex pros - The Forex Portal -
