[flashing] G-20 Outlook Underscoring the threats of uncertainty and fiscal consolidation, Moody’s Investors Service revised down its forecasts for the Group of 20 economies this week to show growth of about 3 percent next year, barely above the 2.7 percent of 2012.
A true global rebound may not be possible until political uncertainty dissipates, said Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., who predicts world expansion will remain “rather sluggish” worldwide. While President Barack Obama has secured re-election and Greece nears another handout, more is possible
[flashing] Deutsche Bank AG economists calculate a successful resolution of the U.S.’s so- called fiscal cliff could boost expansion by as much as two percentage points. The Chinese Communist Party’s handover of power from party head Hu Jintao to Xi Jinping will create a leadership with “new energy,” said Chen Zhiwu, a finance professor at Yale University.
That means “good news for the remainder of the year and first half of 2013” in China. “The global economy could tip into a much better equilibrium if proper political cooperation in Europe and the U.S. were to unleash into proactive uses all the spare cash that is idling on the sideline,” said El-Erian in Newport Beach, California
[flashing] Again another well knowledged person is saying something similar to what Lagarde said. "proper political cooperation in Europe and the U.S. By the second consecutive days the same countries have being addressed in comments of two different persons.
Read More Link on Right
[xyz] Talabani's staying in Sulaimaniya indicates his discontent with Maliki "Talabani remained in Sulaimaniya to express his dissatisfaction with the performance of the State of Law Coalition and Maliki in dealing with the crisis http://www.alliraqnews.com/en/index.php?option=com_content&view=article&id=22660
[xyz] Breaking news. Maliki confirms the need to continue the implementation of the strategic framework agreement between Iraq and the United States. http://www.ninanews.com/english/News_Details.asp?ar95_VQ=GEIHDD
[xyz] ...high exchange rate of the dinar against foreign currencies during the coming period after the important reforms carried out by the federal government central bank action. http://www.iraqdirectory.com/DisplayNewsAr.aspx?id=21552
[shaverstein] Xyz I wish they would show more action & less rhetoric with Masqeaky
[flashing] But in addition i like the last sentence" to unleashspare cash that is idling on the sideline" What that means ?
[flashing] shaverstein blind people never see anything. so spill ur good news :superlachen:
[flashing] so what that means, rv?
[findmoney] I think Obama, Putin and Xingy ( China) need to have some cocktails. Play a game of rock, paper ,scissors to see who goes first and pull the the trigger on the reset
[flashing] findmoney nov 20 : where Lagarde will join leaders of the Association of Southeast Asian Nations and other countries, including newly re-elected U.S. President Barack Obama.
[flashing] findmoney so may be on that meeting they will address the final touches happy
[findmoney] One of the issues is that the BRICS countries really do not trust the IMF anymore. Brazil for sure
redhead1] findmoney - who actually controls letting them RV their money - IMF or World Bank?
[Josey Wales] findmoney The IMF's fundamental mission is to help ensure stability in the international system. It does so in three ways: keeping track of the global economy and the economies of member countries; lending to countries with balance of payments difficulties; and giving practical help to members......Looks like they are failing at all of their duties
dckb75] I noticed the CBI did not update this morning. Anybody know why?
[findmoney] dckb75 Holiday New islamic calender year today
[buddydog] dckb75 holiday for Iraq
[dckb75] OK thanks. They sure have a lot of holidays.
[flashing] findmoney redhead1 by the way asian countries such as Malaysia, Phillipines and Cambodia survived without the support of the imf during the last decade .
[findmoney] IMF foreclosed on a default by Brasil and took a ton of land on the Amazon river. Now mining and timbering it. Brasil hates us. IMF is based in the USA
[dckb75] Lets make a new holiday. Dinar CE holiday world wide!
[randaree] dckb75 I second that!
[flashing] redhead1 in summary: Next week meeting - In addition to the public agenda that they have, imo they will address some of the pending matters related to the global reset.
[Sprinkles] flashing so nothing till next week now in your opinion?
[flashing] However any decision will not be release prior to the meeting of kuwait and iraq in which they will be signing some important documents related to ch 7 that still pending. imo
[sananddan24] flashing O eluded to the fact that he would like this to be taken care of before the holidays
[randaree] sananddan24 Maybe he needs Christmas shopping cash! lol
[childofgod] sananddan24 Thanksgiving holiday or Christmas?
[flashing] Sprinkles imo nothing until december.
[Sprinkles] flashing wow interesting, so much for now
[findmoney] They probably are not gonna let Iraq outta ch7 yet. Thats how they keep them from from going rogue and making weapon deals. See the deal on Russia and Czek republic deal that Maliki went and made. And now no deal
[sananddan24] flashing last night cisco411 verified that the new ust notes were out and had a copy of it
[sananddan24] flashing what are your thoughts?
[flashing] sananddan24 imo the rv will be released not earlier than December . imo
[redhead1] Josey wales - what are you thoughts on how this is going to play out and what we can expect..
[Josey Wales] redhead1 O wants more taxes on wealthy, we wont see it until he passes tax hike...IMO. Chap 7 done, just not announced...IMO.....All is done...IMO.......Still cleansing the bad seeds.
[sananddan24] Josey Wales meets with Congress on Friday do not know if this will have any bearing on the RV
[.pmw1973] Well Congress has 13 working days till year end?
[redhead1] Josey Wales - if it is true that the wealthy are pulling out of the stock market - and moving investments - what good is his tax hike really going to do - even people making over $250,000 are going to have deductions lined up to keep from paying high taxes
[intheriver] Josey Wales O would have to change the law in order to tax us on a currency exchange. Imo
[Josey Wales] intheriver Yes.........he will...IMO
[Josey Wales] redhead1 loopholes and deductions will be removed by O....you'll see......Mark my word
[redhead1] Josey Wales - I think you are right - but Congress will leave some room to protect themselves - he will not get everything he wants - I still find it strange he makes so much money on guessing dividend investments for himself
[sananddan24] Josey Wales yes cnbc was showing the percentage on a chart...however the tax on the Wealthy will not be the 43 percent as some has suggested will be lower appx 39 according to cnbc
[intheriver] Josey Wales I guess we will wait and see what he is able to get through Congress
[redhead1] Josey Wales - one of O's stranger moves is meeting with Major Corporations after his press conference yesterday - those CEO's are extremely wealthy and he wants their help right after saying he is going to tax them to death - I do not think cooperation is the word they are thinking.
[joker45678] he may tell them to go union and he will protect them...
[weneedit] gm everyone just a quick stop before I leave for work. You guys were banging things around pretty good yesterday, from pp being released or tested to maybe the lower denominations being out ( soon changed to rumor ) wow is shining on or just wishfull thinking ?
[Maryrose] weneedit that's my question too!!
[sananddan24] redhead1 so many have different opinions....shining is thinking soon...cisco411 also and WCW sunday....at flashing is changing to Dec instead of 2013
[socalcutie] flashing Did you have a chance to read NESARA and your opinion
[sananddan24] sa At least Flashing is changing to Dec and not next year...was on a call last night Bluwolf still at asn
[flashing] sananddan24 i didn't say december. i said not earlier than december
[socalcutie] BTW way all, my site with Godaddy had major issues for a couple of days, but Microsoft did an update of 18 which when they ran was 18000 registry itwms. all is working find now. think they are interrelated? Bet
[tc0043] Josey Wales Do you think Obama does not think NESARA will go into effect 7-10 days after rv, which is why he is pushing so hard for a tax on himself and congress as well as other $250,000 earners?
[mystery] I am believing before Christmas.. and hoping before Thanksgiving
[Josey Wales] tc0043 $250,000 means nothing with run away inflation.....High food, gas, supplies, building materials prices....$250,000 buys you less today......He knew that.
[cruiser] GM all! Here we go again. Everyone is worried about the fiscal cliff. Worried about taxes. Who cares. Worried about getting paid first. Until then all of it is nonsense. Focus on what you are going to do with your money. Focus on your "plan", that hopefully you have in place. Taxes, nothing you can do about it. Totally out of your control. Just like when this is going to happen.
[redhead1] Josey Wales - $250,000 is going to be a high percentage of the middle class so he is not really helping the middle class
[MtnStar] cruiser Thank You for changing the energy of the castle - you are a bright light shing here and GM
[tc0043] cruiser gm if there is still a tax on incomes after this, I will invest in tax free municipal bond mutual funds and generate a monthly tax free income and won`t have a tax liability.
[cruiser] Does anyone know why Our President met with the Big wigs of the U.S exonomy? Not about jobs. It was about the direction the U.S will be moving towards in the coming months and years. The Bankers know about it already. They are directly involved. That is why they were not invited.
[cougar428] cruiser not worried about what i dont have worried about keeping what little i have and keepin food on table gov could care less
[OILGENRL7] cruiser but look what is going to happen to the less fortunate with o
[nolaspice] Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort! Get focused and get be ready!! This will never come our way again! Have an attitude of gratitude, focus on what we DO and WILL have, not what we DON'T or WON't have!
[redhead1] Cruiser - I was talking to a friend yesterday who has been invested in dinar for a long-long time - In March he had not hope of this happening (regardless of gurus) before the end of Sept - now he even says ans. Is that right?
[dewdrop] We don't need tax hikes.... we need them to spend our money correctly instead of all the waste that goes on in Washington. When we send them to Washington they become wealthier and start to work on their on agendas instead of ours. Alot of them forget us and go for their own greed.
[cruiser] What you are concerned about is something that you have very little control over. You will always pay taxes. Hopefully in a new tax bracket soon.
[bandit] cruiser ---What is your gut feeling
cruiser] OILGENRL7 No one knows what will happen to the less fortunate.
[cruiser] bandit gas roflmao
[okrocks] I believe no one knows when this will happen, then it follows that we don't know if it could be NOW just as we dont know if its much longer... that is to say, I tell myself it could be any time from now til then lol
[wheezer2] cruiser....gm....just getting in...what pearls have you shared with us that i missed....cliff notes version lol
[cruiser] wheezer2 I was told that I am using common sense today. roflmao
[sananddan24] It is thursday the 15th and no RV .....hummmm
[bamanana] I've decided we need to focus more on the VND, because I'm having my doubts if Iraq will ever get there poop together!
[nolaspice] Be ready when opportunity comes...Luck is the time when preparation and opportunity meet!!! What an incredible morning to be alive!!