<p>Ironically, I just saw this today, that the president of Tulane is heading off to a meeting in Quatar tonight. Maybe the trip was paid for by profits from the sale of Iraqui dinars 
</p>
<p>Collegemom,</p>
<p>Thank you for the clarification, by addressing this you have closed any speculation IMHPO.</p>
<p>Qatar, is nothing like Iraq regarding their economical stability.</p>
<p>Investing in Iraqi dinars, is risky to say the least. Their economy will be impacted very soon with the withdrawal of US troops. Nobody knows if they will be able to handle this at all, thus, IMPO, you need to be truly educated in the global economy and how money flows.</p>
<p>I am sure there are great investment opportunities in Iraq, but I am not sure it is in the dinar. I would be more inclined that Qatar has it right, Technology is the way to go. Countries like Qatar and Kuwait want to make money with high returns and low risk, and that isn’t in currency. What it will be in is technology.</p>
<p>Think about it, laying cable lines to the avg Iraqi will mean control of long term investment. Iraqi’s will need jobs, thus the supply and demand for labor will mean low cost employment. Low labor means low costs = high profits in a short time span.</p>
<p>Investing in dinars means they need Iraqi’s to spend disposable income to prop up the economy before people will buy dinars over Euros. Buying a dinar does not create jobs, it does not create disposable income, thus it is investment waiting and hoping that somebody else will invest in the country in the short term future. </p>
<p>Nobody in the investment world is willing to buy Dinars at this point because they understand that right now Iraq’s economy is being propped up by the US. Our military in that region do not buy in Dinars, they buy in US $. When we leave, so will the US servicemembers. Investors know that. They know that we do impact the area fiscally…we do not import every piece of food. We hire interpreters. We hire locals. When we leave, those jobs dissipate.</p>
<p>Informed investors know we pay top $, they know that we have been holding up the economy.</p>
<p>MPO, if you wanted to invest in dinars, you are too early to reap any rewards. There will be no gain as long as we still are there because the big investors in this world are countries. Qatar has no reason to invest in technology when Iraq is not self-sufficient. Kuwait, has no interest in creating an “oil” ally if our butts are there. UAE has no reason to invest for the exact same reasons.</p>
<p>These countries did not become the richest in the world because they were stupid on how to invest their proceeds. They have spent a decade plus, parlaying how to invest their money and image. Dubai, is a prime example, now they have Golf and Horse racing at the pinnacle, and they are creating a new society of affluence. Tiger plays in Dubai. We ship our horses that will compete in the Kentucky Derby just as a preview to see. They are not going to risk investing in Iraq unless the ROI is worth it. They are trying to become the new “tourist” area, because they know that ROI is big compared to buying dinars. They get to build up their economy with low risk and high return.</p>
<p>What makes it worth it to them to invest in Iraq? Not the conversion rate, but funding companies that pay into their country taxes and employs people, to make Iraq the new Dubai does make it worth it! They can own cable companies, hotels, electric, etc. None of this requires buying Dinars, they can have their HQ in their country. </p>
<p>Again, the Iraqi would rather be paid in anything, BUT dinars. The original OP didn’t and doesn’t understand that. Until the Iraqi wants to be paid in Dinars, there will be no demand. There will be no big ROI.</p>
<p>I hope the mods understand that I didn’t think this post was political, but just a defense of economic reasoning why investing in dinars is not sound at this time.</p>
<p>This has all been fascinating for me–learning about the latests schemes & scams as well as getting clarification about TOS and this forum. Thanks to CollegeMom & everyone for their contributions. I’m glad neither of my kids have decided to start shopping for a new car, tho hubby is starting to talk about it. LOL! We shall see. :)</p>
<p>Dont forget to use the edmunds resource to evaluate/compare the price to actually own and drive a car.</p>
<p>jym – check your browser history – I have saved myself from many a headache by looking there!</p>
<p>Thanks, CD, but I did that at work sometime yesterday or so. Will have to see if its still there when I am back next week. </p>
<p>Would be easier if the thread was back. ;)</p>
<p>^^I did you a favor and found the link you had posted on Dec. 1. </p>
<p>Here it is:</p>
<p>[2011</a> Ford Edge True Cost to Own ratings at Edmunds](<a href=“http://www.edmunds.com/new/2011/ford/edge/101273292/cto.html?vdp=off&setzip=98006&change=Change]2011”>http://www.edmunds.com/new/2011/ford/edge/101273292/cto.html?vdp=off&setzip=98006&change=Change)</p>
<p>Hope that helps.</p>
<p>Yes, that helps a LOT!! Thanks, CollegeMom!!</p>
<p>** But now I have to hope this thread doesn’t get removed too! ;)</p>