TNT, Delta, Frank and more Monday Night 5-25-2020
TNT:
Tishwash: Economist: Iraq will give everything up for the sake of the economy
Washington intends to conduct a strategic dialogue with Baghdad, next month, in which details of a future relationship between the two countries will be put in place, and focus may be on this dialogue on the economic side, in light of the suffocating financial crisis suffered by Iraq, which may push it to make more concessions, so that It gets the support needed to get out of it, and the Iraq-China agreement may be canceled due to the repercussions of the escalating crisis between Washington and Beijing, against the backdrop of mutual accusations between the two countries over the Corona virus pandemic.
Did the United States start creating coalitions and alliances in preparation for a global economic war? On this subject, economist Saleh Al-Hamashi says: "Economic conflicts will emerge after the end of the Corona crisis, which demonstrated the fragility of the capitalist system, where you will see the emergence of blocs between two Western camps led by the United States and an eastern led by China, and the last will be the strongest economist, but the United States bloc will be stronger Politically. "
Al-Hamashi added: "In light of the conflict between the East and the West, it is not correct for Iraq to hand over its entire economy to the agreement it concluded with China, just as Iraq has resorted to Saudi Arabia in its crisis as an ally of the United States, but it cannot dispense with the East."
Al-Hamashi added: "Iraq will give up everything for the sake of the economy, as Iraqi politicians, even Iranians loyal to them, are aware of the seriousness of the economic situation, and for this they will make more concessions to the United States in order to overcome the financial crisis." link
Courtesy of Dinar Guru
Footforward [Vietnam increases reference exchange rate.] Article: "HANOI: The State Bank of Vietnam on Monday (May 25) set the daily reference exchange rate between Vietnamese dong and US dollar at 23,257 Vietnamese dong per US dollar, up 15 Vietnamese dong against the last working day of the previous week." it's telling us they have a good economy and that the dong went up less then 1/10th of a penny. It's good to hear reports of their economy but this doesn't change anything for us at the moment.
Pimpy ...when I say Iraq or Vietnam are a long term investment you're misunderstanding what I'm saying so I want to clarify this. I'm not talking about their currencies. I think the currencies are gonna change really quick here. Especially the Iraqi dinar. As a matter of fact I can make a bold suggestion and that is, our time is this year 2020. There's no doubt that the Iraqi dinar rate will change in 2020. I feel very confident about that...and then I say, 'oh these two countries you should consider longer term.' People are like oh my God pimpy is saying it's going to be 5, 10, 15 years down the road for their currencies. No. I'm not talking about the currencies...I'm considering Iraq and Vietnam as "long term" outside of their currencies. As long term investment opportunities. There's just so much growth potential there...
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Iraqi Dinar News 05/25/20 (Iraq taking big steps)
Pimpy Investment Chat: May 25, 2020
KTFA:
DELTA: FROM IRAQI FINANCE MINISTER..AND MORE WILL TALK ABOUT IT TONIGHT.....
"The beginning of changing the course of our relations at the regional and international levels will restore Iraq to the normal balance of its external and economic relations and we will reap its wealth quickly, we will no longer move towards one axis without the other"
Monday Conference Call:
IQD UPDATE CC WITH SPECIAL GUESTS – DELTA, MM AND AG-1.
605-313-5164 PIN: 156996#
Playback Number: 605-313-5163 PIN: 156996#
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Frank26: 5-25-20 THE PROM
This video is in Frank’s opinion.