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Aerospace

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Aerospace

Re: Tim post# 24700

Tuesday, 04/27/2010 2:15:46 PM

Tuesday, April 27, 2010 2:15:46 PM

Post# of 29692
Tim... I've said it's based on the couple articles that stated they would go from 20 some trillion to 15 billion.
Removing 3 zeros and exchanging all currency would be from 20 trillion to 20 billion.
Per those articles, it looks like about 5 trillion will not get exchnaged.
If you have a better explanation of what will happen to those 5 trillion, I'd love to hear it.

I'm still not sure they will do it that way... but those articles saying they will go from 20 trillion to 15 billion would concern me if I held cash.

Dow Jones Newswire: A current 25,000 Iraqi dinar banknote will become IQD25, and a dollar will equal only 1.17 dinars.

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