Wayne, respectfully I agree with your enthusiasm, and from all my posts u know I want to make money on this too, BUT, read yourself here:
Iraq "IS 80+% Debt Free" ... WHY WOULD THEY LOP ...SO! Iraq will work Majorly Hard to get their debt reduced and creat a deal with those other Countries and then make those other countries turn in their money "to replace it" because of they LOPED... If I was running a Country that would PISS ME OFF and would cause WAR...
You don't make a lick of sense here, you are acting like they are thinking of DE-valuing the cashola, my god, It doesn't matter how this thing goes as far as lop or no lop. If its revalued and not increased then the value is going to remain the same at least. If they revalue and raise it a bit its a plus. What arent you getting here! Seem like a pretty sharp guy, ....
If they have 50 bil. in debt then thats what they have. If they revalue their money and it goes to 1:1 then guess what,they have 50 bil in debt. If the rate was 1170 and now its $9.36 per dinar, guess freakin what- they have 50 bil in debt. They pay it off as time goes at the current rate. If anything probably help things with other countries, Not going to cause wars! You get what I'm sayin?
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