[I never have understood why Maliki seems so opposed to a revalue of the currency?]
He's an Iranian proxy - has been a "weak Dinar policy" guy from day one. Should he manage (by some miracle) to stay - any RV you might see under him won't be the kind we have imagined...it will start much lower. JMHO. He is ruthless and that is one way to get Iraq off the hook for cheap... most of the 3 zero notes would be off the market within
[with a new PM would you think we might see a higher exchange rate?]
IMHO - yes.
Maliki is the current manifestation of what is fundamentally wrong in Iraq. Constitutionality, the rule of law, due process and fundamental fairness is necessary for all and not just the Kurds. The Kurds understand that which is why they couch every action on terms of the constitution.
If Maliki is ousted next week...I will be the first one to eat crow.
There is no way Maliki is leaving next week, or the week after, or the week after that. Time will tell.
I have my seasonings ready if I have to eat crow, but I'd wager I won't have to.
If/when parliament meets, Maliki will assert his right under the Constitution to form a new government.
Then 30 days later, he will appeal to the same process he employed 4 years ago and got approval for from the Supreme Court.
In other words, nothing will happen for at least another 45 days.
Yesterday - 06/23/14
SO WHERE ARE WE WITH THE SITTING OF THE GOV.
HEARD IT WAS TO BE DONE THIS AM.
ALSO HEARD THAT MALIKI MAYBE THE PM AS ARRANGED WITH USA AND IRAN BUT THEN HEARING THAT HE IS NOT.
A LOT OF SMOKE IN THE DINAR WORLD. I AM THINKING THAT THIS IS OUR WEEK.
SOURCE THIS AM IS REALLY EXCITED AGAIN BUT THEN SHE HAS BEEN EXCITED THE PAST TWO WEEKS. MY SOURCE TOLD ME THAT THIS AM IS THAT THEY WANT THIS DONE BY 7/1.
TODAY IS THE 23rd OF JUNE SO WE ARE NOW DOWN TO JUST 6 -7 DAYS BEFORE TURKI AND THE PRESIDENT OF THE NEW ISX ARE TO OPEN IRAQ UP TO WORLD TRADE. THEY TOLD THE WORLD WHAT THEY WOULD DO AND WHEN IT WAS GOING TO BE COMPLETE SO OUR DAYS THIS WEEK SHOULD BE VERY REVEALING OF ACTIONS TAKEN.
I FEEL VERY SURE THEY WILL TRY AND KEEP ALL POSITIVE ACTIONS AND COMPLETIONS VERY QUIET AS POSSIBLE AND THAT OUR NEWS MEDIA WILL KEEP UP THEIR HIDDEN AGENDA OF PREACHING DESTRUCTION ON THE ENTIRE COUNTRY. THERE WILL BE MUCH NEGATIVE INFORMATION AS THIS PROGRESSES... JUST WATCH THEIR ACTIONS. IF YOU LISTEN TO THEM YOU WILL DEFINITELY BE DECEIVED.