Meek92:
Blondie got a question for you...ready?...how is the USA backing the Iraq bonds they just released? Ragin do you have an opinion about the bonds???
RaginCajun:
RaginCajun:
MEEK- THEIR CURRENCY WILL BE ONE OF THE HIGHEST IN THE WORLD, LIKE BUYING STOCK LOW AND SELLING HIGH
TSM:
TSM:
My take on the bonds is that they are basically acting as a co-signer. Backed by the GOOD faith of the USA... lol however good that it is
Meek92:
Meek92:
Iraq issued bonds worth one Billion Dollars Guaranteed by United States
Information / Baghdad ..
Ministry of Finance announced on Sunday, for the issuance of foreign government bonds guaranteed by the US government of one billion dollars.
According to a ministry statement received / information /, a copy of it, that it "has made great efforts during the month of January and the beginning of this month to issue the bonds through the crisis meet all the requirements for the completion of this process, which had been successful in the end."
The statement added that "the duration of the bond are (5) years and an interest rate of 2.1% per annum, and will be the outcome of this bond used to finance the budget deficit, based on the General Budget Act, which authorized the Minister of Finance to issue those bonds."
According to the statement, the foreign banks hailed as "the interest rate achieved by the Ministry of Finance for these bonds compared to similar cases to other countries, the issue is guaranteed by the United States government bonds."
01/22/2017
http://almaalomah.info/2017/01/22/economic/124234
GEG-Dinar:
Information / Baghdad ..
Ministry of Finance announced on Sunday, for the issuance of foreign government bonds guaranteed by the US government of one billion dollars.
According to a ministry statement received / information /, a copy of it, that it "has made great efforts during the month of January and the beginning of this month to issue the bonds through the crisis meet all the requirements for the completion of this process, which had been successful in the end."
The statement added that "the duration of the bond are (5) years and an interest rate of 2.1% per annum, and will be the outcome of this bond used to finance the budget deficit, based on the General Budget Act, which authorized the Minister of Finance to issue those bonds."
According to the statement, the foreign banks hailed as "the interest rate achieved by the Ministry of Finance for these bonds compared to similar cases to other countries, the issue is guaranteed by the United States government bonds."
01/22/2017
http://almaalomah.info/2017/01/22/economic/124234
GEG-Dinar:
So basically the U.S.A. will be the co-signer on these bonds, which will make them more attractive than the previous bond offerings which didn't get a sniff from the international community.
KLS:
KLS:
RC: I need your opinion...We know we are lacking Gold as asset backed currency..... achieving asset back, compliance......with Trump support for coal and completing pipeline for energy. That maybe what we look for, to become "asset" backed?
Gkel: I like your thinking KLS
RaginCajun:
Gkel: I like your thinking KLS
RaginCajun:
KLS- A THINK IT'S A RESOURCES, OIL ,GOLD, FARMING, COAL, THE US IS VERY RICH IN RESOURCES. WE HAVE BEEN HANDCUFFED BY OUR GOVERNMENT