* Med Chat – Post By angel 42b Dinar Speculator: Dinar Recaps 01/22/2012

January 22nd, 2012 09:00 am · Posted in CHATS & POSTS: Iraqi Dinar Exchange Rate & Buy Dinar Info 
Meds chat 1/22 1am POST BY ANGEL 42BMed says to (01:13:28): NOW THE ORIGINAL CHAPTER VII IS HURTFUL IT LEAVES A STIGMA ON IRAQ

    DodgerBoy says to (01:13:36): That is new information for me

Med says to (01:13:46): AS STILL A THREAT TO THE REGION

NOT UNTIL THAT IS REMOVED CAN THEY THEN MOVE FREELY WITHIN THE INTERNATIONAL COMMUNITY UNDER CHAPTER VII

 

ALSO THEY ARE NOT PROTECTED BY INTERNATIONAL LAW WHICH MEANS THAT THIS GOVT CAN BE SUED EVEN FOR PAST DEEDS DONE BY SADDAAM

INTERNATIONAL LAW PROTECTS GOVTS FROM LAWSUITS BASICALLY SAYS YOU CANT

BUT WHEN THAT PROTECTION IS LIFTED YOU ARE FAIR GAME IT MAKES THOSE WHO IRAQ WANTS TO COME IN AND INVEST AND WORK LEARY

CUZ THEY HAVE NO CREDIT RATING UNDER CHAPTER VII NOTHING WITH NO CREDIT RATING MOST COMPANIES WORRY ABOUT THE RISK OF DOING BUSINESS IN IRAQ

I THINK THAT ONLY ONE OR TWO ENTITIES CAN DO INTERNATIONAL BANKING CBI AND THE TRADE BANK OF IRAQ

THERE IS A GOOD ARTICLE THAT IS POSTED THAT EXPLAINS ALL THIS AND IT IS PRETTY WELL WRITTEN

I WANT TO CLARIFY ONE THING WE ARE NOT WAITING FOR NEW DENOMS TO CASH IN BUT BOTH THE NEW RATE AND NEW DENOMS ARE KINDA HAND IN HAND

I EXPECT THOUGH TO SEE THE NEW RATE FIRST BASED ON SHABIBI’S STATEMENT FROM AUG OF 2011 DID I HELP AT ALL DB

DodgerBoy says to (01:20:18): thanks med, this is another layer of information for me to try and understand this complex issue

Med says to (01:20:20): OR DID I CONFUSE IT MORE I KNOW IT IS CONFUSING AND IT IS COMPLEX I TRY TO KEEP IT SIMPLE

DodgerBoy says to (01:20:56): You do a good job of that

Med says to (01:20:59): AND KEEP THE REALLY MAJOR ISSUES ONLY DISCUSSED SO I DONT TURN IT INTO A MACRO MANAGING DISCUSSION ANYONE ELSE HAVE ANY ? PLEASE ASK

Med says to (01:23:35): TIME TO CALL IT A NIGHT GN DS

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