Adept1: My personal opinion is that many exchange locations will be at existing branches, and some others will be at separate locations -- especially for high-value exchanges, I believe.
Skyshark1325: It was said a long time ago that the "off-site" locations will be "other" banks facilities like mortgage branches, investment branches and so forth. Not some dark warehouse in the middle of nowhere.
Yada: Skyshark your correct,,consider also some tier 2 & 3 branches who use Wells to process their exchanges may be used also,,,fear not folks,,
Ecubucs: Also, consider the possible use of Wells Fargo Adviser locations in metro areas around you.
AzHombre: About a month after the idea came out of off-site (not in a local WF branch), might Esposito and I were traveling across town to attend a funeral. When we passed a military instalation I realized a place that would be ideal for exchanges. Remember hearing how safe in and around the exchange center it would be? Just my thoughts.
D2X: interesting article... The pros millionaires and billionaires trust with their money
Q: [It seems like so many things like Mosul , corruption , parliament , etc. are coming together ... many have said things.will happen all at once ... do you see this as a coincidence?]
BGG: I do not see those items as coincidence... THESE ITEMS ARE THE STORY. IMHO.
Not getting into date and rate here - I'm just saying - the progress is stunning AND... it surely leads to the step we are all interested in...the point of currency reform the includes a change in the value of the IQD...
However, I make this point again...currency reform - value change...what we are after...is just one of the steps they will likely take in the whole process of economic reform and full reintegration with the world's financial systems...
This whole process is playing out PLAINLY - before our VERY EYES...Things are VERY, VERY exciting lately.
Emailed to Recaps:
"Are US Stocks in a Bubble?" - Ascending Tech Dominates S&P 500 Like No Time Since Dot-Com Bust
Don’t look now, but technology companies are exerting more control over the U.S. stock market than any time since the internet bubble.
Fueled by three-year rallies in which Microsoft Corp. and Alphabet Inc. doubled, Amazon.com Inc. tripled and Facebook Inc. surged fivefold, computer and software stocks have increased to almost 21 percent of the S&P 500 Index’s value, near a 15-year high. The distance between tech and the next-biggest group, banks, is close to the widest ever.
Italian warship plays host as leaders discuss post-Brexit EU
The leaders of Italy, France and Germany have chosen an Italian aircraft carrier as the venue to discuss the EU's future. The trio will meet near Ventotene, where a 1941 manifesto was penned envisioning a federal Europe.
European leaders of the three largest economies on the European continent are meeting Monday to discuss the future of the European Union in the wake of Britain's shock referendum decision to leave the EU.
The choice of Ventotene - an archipelago which has housed a prison since the 18th century - is significant as it was where jailed Italian leftists Altiero Spinelli and Ernesto Rossi drew up the "Ventotene Manifesto" in 1941, calling for a future Europe of intertwined federal states as a means of preventing future wars.
The manifesto was written on sheets of cigarette paper and smuggled to the mainland by Ursula Hirschmann, a German anti-fascist activist, who shared it with the Italian resistance.
Now 75 years later, the three European leaders will discuss the future of European federalism aboard the Italian aircraft carrier Garibaldi, anchored near the former prison island.
Their shared agenda is to include the EU's response to the refugee crisis, increasing frequency ofdeadly attacks on civilians by apparently deranged individuals and the future of the European bloc following the UK referendum that could see its exit.
The Italian economy could also be on the meeting agenda after the EU's fourth-largest economy fell into stagnation and public debt reached a record high.
Italy's government has proposed creating "a Schengen-like defense agreement to respond to terrorism" with a "multinational force" under a unified command for specific missions.
France has indicated it is open to the idea, though Germany is opposed to the proposed floating of eurobonds to finance it which would increase debt levels.
France is also expected to push for the so-called "Juncker Plan" in which EU funding levels for infrastructure, education and research would be doubled.
The meeting is set to begin at 4 p.m. local time (1400 UTC).
Don961: That was quick !!!! ... Warp Speed !!!
Abadi: 2017 budget has reached its final stages
Chaired by Prime Minister Haider al - Abadi, on Tuesday, the usual meeting of the Cabinet.
Cabinet meeting devoted today to discuss the budget for fiscal 2017 Act and the proposed amendments to the version provided by the Ministry of Finance has been discussed extensively and reached the final stages of submitting the bill to the House of Representatives
Aggiedad77: Oh my my.....Frank mentions warp speed on the CC last night...but if they are indeed handing this over to Parliament.....this is warp speed on steroids.....take her home Scottie.....the people deserve what is in this budget I believe....IMO. Aloha Randy
PS: Working on the notes from last night....just peeking in on a break.
Samson: Europe on the brink of COLLAPSE as 'divorce' is needed to prevent economic doom
THE European Union is on the brink of imploding, destroying the Euro and causing economic doom, according to a Nobel Prize winning economist.
Joseph Stiglitz claims the European Union is about to collapse as financial doom beckons
Joseph Stiglitz thinks Brexit changed the face of the Eurozone, leading to overt criticism of the common currency and making the overall break-up of the Union more likely.
Italy could prove to be the next nation to leave the Brussels bloc, according to Mr Stiglitz, a former chief economist at the World Bank and senior advisor to president Bill Clinton.
The country’s banks are weighed down by more than £300billion of bad debt but cannot be bailed out under EU rules unless creditors take a financial cut first.
Embattled prime minister Matteo Renzi says he will resign if he loses the October referendum on constitutional reform, which could allow the anti-establishment Five Star Movement, which has promised the public it will hold a vote on whether or not to remain in the Euro.
The expert says an “amicable divorce” must be considered to avoid a “political cataclysmic event like Brexit”.
In his new book, 'The Euro: How A Common Currency Threatens the Future of Europe' Stiglitz also advises Germany and Greece should pull out as member states.
Mr Stiglitz said: “In other words, the Eurozone’s member countries are democracies and one sees increasing hostility to the Euro, which is unfortunately spilling over to a broader hostility to the broader European project and liberal values.
“That’s going to be the end.”
The Euro could soon be a thing of the past as Italy could vote to dispose of it
EU Euro Union collapse Brexit
Greece saw riots on the streets after their disastrous Euro collapse
Despite only coming into operation in 1999, the quality of the Eurozone has been called into question on numerous occasions, especially following the Great Recession.
Eurozone countries were not able to devalue their currency to remain competitive on the international market during the crisis, meaning the ever closer union with member states had terrible consequences for the financial state of the continent.
Mr Stiglitz said: “What’s going to happen is that there will be a definite consensus that Europe is not working.
"The diagnosis will be to shed the currency and keep the rest, or that Europe is not working and a broader rejection — like in the UK.
"So my worry that this is precisely that kind of political event (something like Brexit) is that is what will be the catalyst for change."
And it could well be from Itlay.
Mr Stiglitz said: "That is a big risk.
"Many people are now trying to work with Matteo Renzi [Italy's prime minister] to have him climb down from his commitment that he will resign if his referendum fails."
Stiglitz gave his warning as leaders of the EU's three biggest countries met for crisis talks in Lazio to discuss saving the Brussels project from unravelling after Brexit.
Italian Prime Minister Mr Renzi invited German Chancellor Angela Merkel and Francois Hollande to Ventotene, a tiny island off the coast of Naples, to discuss their strategy ahead of next month's summit of all nations.
The summit in Ventotene is the first in a number of intense meetings of talks between European leaders, who will now push for a response to Brexit. As Britain gears up to trigger Article 50 to begin the official break the member states must begin to piece together their place in the divorce.