Mountain Goat

Mountain Goat – Dinar Guru   …The news now from Iraq is all about two issues now:  1)  paying out the salaries and pensions and catching up on owed bills; 2)  getting investors to take hold in Iraq and the switch over from a CENTRALIZED GOVT RUN economy to a FREE MARKET economy.  I do not know how the full extent of these two main issues matter for the timing of the reinstatement, but I will say this:  1)  The IMF has always had a mandate that Iraq be able to pay its bills on time. They want Iraq to move forward to a more timely monthly payment schedule. This is monetary stability.

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