IQD CALLS Chat Thursday Night 4-9-20

IQD CALLS Chat Thursday Night 4-8-20

Sparky   ...gonna take a while to get back to normal...

Baxter   years

Sparky   ...I'm hoping 6 months...

Baxter   lets hope

Sparky   ..yeah, I'm being optimistic...

Baxter   nothing wrong with that

Sparky   ...I see a lot of reforms on the horizon...social, economic...healthcare...

Sparky   ...this illuminated a lot of flaws in our system...

Baxter   sure did

Wilder   And the flaws. Greedy politicians.

Sparky   ...where did all the " Care Act $" go...bet only a small % gets to where it's supposed to go...

Sparky   ...another $250 B package in the works...

Sparky   ...don't know anyone that has seen a dime of it...

Baxter   they said 3 weeks...

Sparky   ... Baxter ...I'll believe it when I see it disbursed...

Baxter   oh... it will be

Baxter   Im sure there is a million pieces of paperwork

Sparky   Baxter ...$6.2 T chuncky money will be hard to hide...

Sparky   Baxter ...good point...

Sparky   ...they can direct deposit into any account they want...

Sparky   ...but takes time...

Baxter   3 weeks i guess

Sparky   Baxter ...2100 new cases in Massachusetts today...

Baxter   thats as many as in our whole state   we dont have many   gov shut us down quick

Sparky   Baxter ...we border upstate new York...

Baxter   yep

Sparky   ...I estimate two more weeks for us to peak...

Sparky   ...but, that may be first, then second wave...before it declines...

Baxter   that could be....

Sparky   ...lots of conspiracy theorist folks abound...but I like Dr Fuaci for real info...

Baxter   he seems to be smart...

Sparky   ...this certainly would be a great time to listen to the experts...

Baxter  yep

Sandyf   @Kaperoni sandyf And finally, Sandy should take his opinion to the IMF who authored such direction to Iraq.

And why on earth would I want to do that. The IMF can dish out all the advice it wants to Iraq but unless Iraq wants to borrow money from the IMF they are not obliged to listen. Remind me, when was the last time Iraq had a government that was prepared to listen to anyone.

Floating the currency can be a controlled and calculated move or an act of desperation. Looks like Zimbabwe is about to join the list of desperate floaters, and every indication Iraq will go the same way.

Time you faced reality and accepted that the concept of some controlled transition as "floated" by the IMF is nothing more than pie in the sky and stopped lecturing people on your flawed interpretation of current circumstances.

sandyf   @Kaperoni Not to mention they could never afford to do it with over 42 + trillion dinar in circulation

Quite. The latest figure is 51.964 trillion https://cbi.iq/static/uploads/up/file-158252793897483.pdf

There is somewhere around 10 trillion currently in equity in the accounts which is insufficient to deal with the current financial problems. They will have to borrow or devalue, or both. Devaluation would reduce the liability on currency and as the foreign reserves would remain the same, create further equity that could be used to support the budget.

If faced with devaluation, they would have to choose between direct devaluation or float the currency to create the devaluation. The problem with direct devaluation is that if they get it wrong could lead to multiple devaluations.

Sparky   sandyf ...IQD float now, devalue, then ride the tide back up...   ...just a thought...

Wilder   Shiva Group of Institutions, Bilaspur, H.P.,India

This is quite interesting question!!

latency in COVID-19 is no found i.e. not enough evidence yet. If latency exists then this virus will remain in circulation forever!! This is too early to talk about this in relation to COVID-19. It'll take some time as the epidemic is still going on.

Sparky   Wilder ...apparanntly now, we must acquire an immunity to the 19 version of corona viruses...

Sparky   ...as the nature of viruses is to deviate ...

Sparky   ... you may become susceptible to the virus again, after a period of time... months... after...but, you will be exposed...you will be infected...it's just how your body reacts, and the medical assistance available if necessary...

Sparky*are   ...but anywho...where is all that $$$...?  ...does one have to do with the other ?

Wilder   It's going to take more than a flu shot for this one. Coronavirus reinfection fears grow as cured patients test positive with possibly ‘reactivated’ virus

About 51 patients classed as having been cured in South Korea have tested positive again.

Sparky   ...Big stuff happening in 2020...   ...almost like it was timed...

Wilder   Once infected with this covid 19 your a carrier for life

Wilder   And no-one has any answers. Shut everything down and PRAY.

Sparky   Wilder ...worldwide vaccination day...scary, scary sh it...

Sparky   Wilder ...my Lord and Savior allows me peace..."this too shall pass '...

Wilder   Yep.

Sparky   ...gonna be some tough days ahead though...hang tough.....the money corruption machine is stealing us blind....wake up... ...funny how the stock markets work...against the grain...

Sparky   ...where is this ' Care act ' $ ...2 weeks later...and where is it going...

Sparky   ...wham, bam, thank you ma'am...

Sparky   ...trickle down theory....bet they try wage reduction ....labor pool was too shallow...

Sparky   ...now record unemployment.....work for bowls of rice like China ?.....strange days indeed...

Sparky   ...also of interest is how this virus attacks the respiratory system...age, vaping, smokers etc...

Sparky   ...Security was on a deep dive..  ...thinning the herd...

Sparky   ...thinking young and old vapors' were the target.. ...if you go out, wear a mask...

Sparky   ...if you've been infected, at least you won't spread it...

 

https://covid.joinzoe.com/us   COVID Symptom Tracker

https://www.worldometers.info/coronavirus/   Covid-19 Coronavirus Pandemic Stats

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IQD CALLS Chat Thursday Evening 4-9-20