Originally Posted by
Wm.Knowles
The trend is for the GOI to continue to establish laws and learn to work together. Passing a constitution, FIL, Pension law and soon HCL. Many thought they wouldn't even be able to pass a constitution.
The trend is for the CBI to continue to value the dinar upward. With a trend of decreasing the costs of imported goods. A good possibility of a "bold adjust". At over 12 dinar to the US penny, the currency is just too cheap.
The trend is for the CBI to continue to remove money from the monetary base. Further drying up the currency and incouraging the IRAQs and others to save-horde-acquire. With an additional trend of lowering inflation .
The trend is for more support from the international community as witnessed by the the number of nations supporting the ICC as compared with the international support in March of '03.
The trend is for an increase in schools (over 450 rebuilt), colleges, and universities.
The trend is for oil production to climb along with natural gas production. With a level of 4 to 5 MBD "easily achieved".
The trend is for more debt relief and further support from the WTO, World Bank, and IMF. It takes money to make money and they have money.
The trend is for more agri production to the extent that Iraq maybe one of the few countries that can feed itself. Article reported an increase of 1.2 million metric tons of wheat, with increases in rye and barley.
The trend is for an increase in GNP and a decrease in unemployment with increases in busineses, cell phone usage, and an increase in the local banks effectiveness and utilization by the Iraqi people.
The trend is for more and more of Iraq to become peaceful and for the overall security situation to improve, especially as the economic trends improve.
Thet trend is for the whole of the Iraqi economy to open up to the world with a fully tradable currency, and open to foreign investors. With a trrend to establish Iraq as a consumer society with many nations ready to flood Iraq with goods such as cars and eletronics.
The trend is for Iraq to become a political and economic centerpiece for the ME and exert democratic and open economic successes in a troubled part of the world.
IMHO