DELTA » January 20th, 2014, 4:53 pm • HELLO FAMILY:
A FEW DAYS AGO WALKINGSTICK DID POST ONE HUGE ARTICLE. I'M SURPRISED THAT NO ONE PAID ATTENTION TO IT.
"CENTRAL BANK OF SULAIMANIA STILL AWAITS BUDGET."
THE CBI HAS 3 LOCATION, ONE OF THEM IS IN SULAIMANIA NORTHERN IRAQ.
THIS HUGE BANK IS STATING THAT THEY HAVE NO MONEY.PEOPLE ARE GOING TO PULL SOME MONEY IN IQD, BUT THE BANK IS STATING WE HAVE NO CASH TO GIVE YOU. IS THAT POSSIBLE?
I DO LIKE THIS ARTICLE CUZ IT GIVE US ANOTHER PROVE THAT THE CBI GOT ALL THE DINARS FROM BANKS, EVEN FROM THEIR OWEN BRANCH IN NORTHERN IRAQ.
IMO...THE LD'S ON THE WAY WITH A NEW RATE. DELTA
Read More Link on Right
Cshessman: Hi Delta,
I forgot that the CBI had the 3 branches but I do recall this article. LINK
You're interpretation is much better Delta! So, this means and tells us also how important then the budget is for us all as well. I feel that not only as Nova pointed out that they are haggling over what they want to have from this budget forward, but this budget also kicks off the FIVE YEAR PLAN.
I also think they are recalculating the budget and each provinces budget with the new rate along with watching over the new tariffs as they are coming in. Did you all see the article about how imports are being reduced almost 50% at one of the ports due to the new tariff laws.
[xyz] World's 85 richest people own nearly half of global wealth: Oxfam report http://economictimes.ind ··· 0568.cms A tiny elite comprising the richest 85 individuals hold wealth equivalent to that owned by the bottom half of the world's population, a report says.
[xyz] World's rich threaten democracy says Oxfam in pre-Davos report The world's elite have rigged laws in their own favour undermining democracy and creating a chasm of inequality across the globe, charity Oxfam said in advance of the annual get-together of the world's most powerful at Davos. Inequality has run so out of control, that the 85 richest people on the planet "own the wealth of half the world's population," Oxfam said in an introduction to a new report on widening disparities between the rich and poor.
[blackjon] In 2013 the United States created 1,682 new millionaires over 2012 - the US LEADS THE WORLD IN CREATING NEW MILLIONAIRES!!! : http://www.cnbc.com/id/101099732
Robdel: Update on WM on who's getting paid now
Earlier I posted what my Wealth Manager said, I got another update on the same topic from a very trusted source that you have heard from before and most of you like his intel.
He said the projects getting paid now ( the programs from. 12 years ago) are a collection of investment packages that people were given access to many years ago: e.g., Global Settlements, Prosperity Packages, UN Projects, Wounded Warrior Projects, etc., etc., etc.
THIS IS NOT THE IQD RV WE ARE WAITING FOR! So be cool' don't be a fool and make noise that will hurt us all!
The RV is coming for us all, just have a little more patience!
[damsel] In essence, China has been slowly buying up the Federal Reserve for some time now. If you can call it a purchase. Its more of a negotiation over assuming the liabilities of both the Federal Reserve and the U.S. Treasury. The Federal Reserve is the largest holder of U.S. debt at $2.1 trillion.
China is second at $1.3 trillion. Think of it as the United States government doing a debt consolidation of all its treasury bonds because it can no longer pay or service the debt. China, or the BRICS countries, and/or a consortium of international interests, most likely organized through the I.M.F., will manage the U.S. debt through exchange rate increases and trade tariffs.
The reality for Americans for the next decade or more will be price increases/inflation of 30% to 50%, segmented by industry and region, until such a time that its debt, or a negotiated margin of their debt, is cleared from the books.
[damsel] Why would China and other countries take on the risk of this debt? Simple, it’s economic reset or economic collapse. Its in the worlds interest to re-structure the U.S. debt to save the whole whale from beaching itself. Rumors are circulating that the U.S. dollar will have a rate for in country use, and a separate international rate. That is because the U.S. treasury and the Federal Reserve are about to be severed from each other.
The Treasury will control the in country dollar, and the “international reserve” dollar will be controlled by China and or the I.M.F. consortium of debt holders. The U.S. in fact defaulted back in October of 2013. This has not been told to the public at large. Why would the congress insinuate that the debt ceiling is now irrelevant? The only way the debt ceiling, or debt limit,(eg. the amount the government can borrow) can become irrelevant
[damsel] is if the U.S. has in fact defaulted and the process of default negotiations are taking place. Think of it as the rest of the world cutting up the credit cards belonging to the United States government.
China has recently purchased the JP Morgan building in Manhattan for $750 billion. One could reason that they have in fact purchased all of JP Morgan. And I’m sure it will soon be announced that China has or is in the process of purchasing other Western banks and physical assets. These banks make up the majority owners of the Federal Reserve
[damsel] The gold reserves of the west have been depleted by China. Some say there is no gold left. This is more physical assets gone from the legers of the Western banks. The system of debt based money creation of the Western world is dead. It’s over.
The shift East is in the final stages of completion. Obama’s so called “pivot east” is less about positioning assets to counter the stirring of the eastern dragon, and more to do with making those military assets easy to confiscate when the terminal day arrives.
[damsel] It will happen over a weekend, as many have already predicted. The televisions will announce the largest deal in financial history between the Federal Reserve and China. They will discuss how all the worlds currencies have been revalued to reflect true production ratios and physical assets. Accounts will be balanced. War criminals will be prosecuted.
This is only a summary post to capture the broad strokes. Keep checking back as I will post a more detailed metric “oriented” essay on the thesis presented here. – JC