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Re: ema-266 post# 4611

Saturday, 02/24/2007 6:23:06 PM

Saturday, February 24, 2007 6:23:06 PM

Post# of 29692
no, what you told everyone was that they were screwed if no exit strategy in place now. twice you said that in the same post.

first of all the new law your speaking of is not much different than any other customs laws in many countries. foreigners must adhere to customs declarations entering and leaving the country. just as in the U.S.A. when you go through customs you must declare possessions entering and exiting. there are limits on currency and things of value thats all the law is talking about in my oppinion. if i were an american in iraq and had a large sum of dinar or usdollar and i had to go thru customs-then maybe i would be screwed. i dont think it is that much to get excited over.

the advice microstocks gives in the post you reposted is some good advice. but how is any of that advice gonna help untill everyone collects their winfall? do you have any info on that? if/when a reval happens, the only concern is going to be cashing in the dinars. how long will we have to convert the currency? where will you convert your dinars? what if dinar revalues but doesnt go on forex, where are we gonna convert dinars then? if dinar revalued 1 to 1 tommorrow- where are you going to convert your dinar? if chase bank only does $5000
a day per person of dinar to dollar conversion then you would have to go to chase 200 business days just to convert 1 million dinar. this is my only concern and i dont see it addressed enough. lets not worry about taxes, insurance, and all that. does anyone have any idea who will be buying dinar in large amounts when/if a revalue happens? that should be OUR BIGGEST CONCERN.

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