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Re: Rasica post# 19800

Wednesday, 03/04/2009 7:21:22 PM

Wednesday, March 04, 2009 7:21:22 PM

Post# of 29692
Your disingenuousness knows no bounds. Either that or you are the only person on earth that doesn’t know that oil prices have plummeted in the last 6 months and Iraq is in a world of hurt financially.

How about some recent relevant info.
http://www.upi.com/Emerging_Threats/2009/03/04/Iraq_needs_lean_budget_as_economy_falters/UPI-98791236200155/
Iraq needs lean budget as economy falters
Baghdad has put a $62 billion budget before the Iraqi Parliament, but some lawmakers raised objections to that figure, saying they face a $30 billion deficit in the volatile global economy.

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093236517
Iraq may slash 2009 budget, 3rd time.

There have been literally hundreds of articles out talking about Iraq’s financial problems since oil prices have dropped… yet you continue to push old information.


You claim that "This M2 is a simple and artificial summary of (In House) values to help control inflation"... is pure gibberish. It's laughable that you write a sentence like that and expect people to believe it.

Iraq money supply is ABSOLUTLY tied to GDP and to claim otherwise is ludicrous. Their numbers fit perfectly with the other countries.

You are simply making stuff up and or blatantly lying... and it's obvious you have a vested interest in pumping the dinar.

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