DAZ: ITS EASY TO BELIEVE IN JUST THE FACTS (Reposted- good reminder)
I SUSPECT MUCH OF THE STUFF WE HAVE HEARD FROM ALL OVER THE NET OVER THE YEARS CONTAINS AN ELEMENT OF TRUTH..SOME MORE THAN OTHERS OF COURSE.
I DETERMINED LONG AGO THAT THERE HAVE BEEN VERY FEW DELAYS IN THE PROCESS. BUT THERE HAVE BEEN A LOT OF COURSE CORRECTIONS AND FALSE STARTS...AND THE RV WAS EVEN USED AT TIMES AS A TOOL TO PRY OPEN A FAULT OR WEAK SPOT THAT NEEDED REPAIR OR ARREST.
WITH ALL PROCESSES YOU MUST SET GOALS AND THOSE GOALS ARE MARKERS TO MEASURE PROGRESS TOWARDS A FINAL SUCCESSFUL RESOLUTION.
SOMETIMES THOSE GOALS ARE HIT...AND SOMETIMES THEY ARE MISSED...BUT EITHER WAY YOU ADAPT, ADJUST AND TRY TO NAVIGATE A NEW OR MORE SUCCESSFUL PATH TO THE END OF IT...ULTIMATELY, IT IS JUST A PROCESS.
I ALWAYS GO BACK TO A SINGLE PIECE OF INFORMATION THAT IN PART, SHOWS CLEARLY A FEW SIMPLE FACTS. AND FOR ME, ITS THE FOUNDATION OF MY CONFIDENCE AND TRUST.
WITH THAT SAID, LETS LOOK AT WHAT WE "KNOW".
DAZ: IRAQ HAS ALWAYS BEEN A WEALTHY, RICH CULTURE WITH A STRONG HERITAGE AND SIGNIFICANT HISTORY.
IRAQ ALWAYS HAD AMPLE RESOURCES AND A STRONG ECONOMY... IN ITS OWN RIGHT.
THEIR MONEY ALWAYS HAD VALUE, HISTORICALLY AND CONSISTENTLY.
DUE TO PRESSURES TO ENACT A LIBERATION OF IRAQ AND EFFECT A REGIME CHANGE...A COALITION OF NATIONS "TURNED OFF THE MONEY (DINAR)" AS PART OF A WAR EFFORT AND STRATEGIC ASSAULT TO DEBASE THE FINANCES OF REVOLT, RESISTANCE AND INSURGENCY AGAINST THAT CHANGE IN 2004.
THERE WAS, AND STILL IS, A PLAN TO GIVE REBIRTH AND REVITALIZE THAT ECONOMY, INFLUENCE THAT CULTURE AND, EVENTUALLY EMBRACE IRAQ, ITS PEOPLE AND THEIR WEALTH AND TRADE INTO THE GLOBAL ECONOMIC FOLD.
AND, WHEN A SATISFACTORY CONDITION AND ALIGNMENT OF ALL THE VARIOUS INTERESTS AND POWER STRUCTURES INVOLVED HAVE REACHED A POINT OF REASONABLE SATISFACTION THAT THEIR INTERESTS AND GOALS ARE MET... THEY WILL JUST AS SIMPLY.... "TURN THE MONEY BACK ON".
IT WILL ALL COME TOGETHER WITH A PUBLIC RELEASE AND PERMISSION FOR ALL OF US TO EXCHANGE IN ANY MANNER WE WANT, ALMOST ANYWHERE WE WANT...AND IT WILL BE A SAFE, ORGANIZED, ULTIMATELY FAIR AND REASONABLY SIMPLE BUSINESS TRANSACTION.
HANG IN THERE BUT...KEEP LIVIN'.
WE'RE READY WHEN THEY'RE READY.
FFonz: In Dr Clarke's Aug-1st-2016 'Countdown' post.. he said...
'Week 9'.. "Last week of Sep' is 'ALL we need to know'."
SO - THIS WEEK - HERE IS YOUR FINAL WEEK COUNTDOWN
Tues.. SEP 27: ««««««« ...('TODAY' you are here)...
Wed.. SEP 28:
Thur.. SEP 29:
Frid.. SEP 30:
Sat.. OCT 01:
Sun.. OCT 02:
But let's add our own 'Week 10' 'backup' ... ( in case it's 'running late' )...
Mon.. OCT 03:
Tues.. OCT 04:
Wed.. OCT 05:
Thur.. OCT 06:
Frid.. OCT 07:
Sat.. OCT 08:
Sun.. OCT 09:
( For those who want to check the original post.. here's the link ) .............
( From Recaps blog ... copied /pasted exactly as posted ).....
DR. CLARKE: BS, BS, BS, BS, BS, BS, BS, BS......
Last week of SEPTEMBER. BOOM! Count'm.
That's ALL you need to know. That's ALL you need to know.
(Interpretation of 'BS" from Dr C's own writings is that 'BS' = "Blah-Blah-Blah----Blah Stuff").
SandnSea: Ours will follow suit, making the RV a no brainer. IMO
WARNING: Deutsche Bank collapse could BURY EU as stocks plunge FURTHER in day two CARNAGE
Deutsche's position is looking more fragile, experts have warned
THE eurozone's entire banking system could implode, dragging the euro down with it, if Angela Merkel's government allowed Deutsche Bank to fail, experts have warned, as the bank's share price hit new lows in this morning's trading.
By LANA CLEMENTS
PUBLISHED: 11:15, Tue, Sep 27, 2016UPDATED: 12:08, Tue, Sep 27, 2016
From The British Paper US Mail FTSE companies saw £23billion wiped off their value as investors sold fast The bank has had its value halved in a year due to low interest rates Deutsche is linked with other banks and a European collapse could follow It lost £5.9billion last year, and a US arm failed a Federal Reserve test Deutsche Bank shares have fallen even further this morning amid mounting fears for the future of Germany's top bank. Companies in the FTSE 100 index saw £23billion wiped off their value yesterday as investors dumped financial stocks.
The sell-off was triggered by reports that German Chancellor Angela Merkel had ruled out a government rescue of troubled lender Deutsche Bank. The bank has lost more than half its value in the past year as it struggles to cope with low interest rates and sluggish growth.
Deutsche Bank shares fell another 7.5 per cent to a record low yesterday, dragging other finance stocks down with it. They had fallen to €10.25 this morning amid warnings that a dip below €10 per share would take the bank into the realm of a risky investment.
Angel: IMF looks to expand Special Drawing Rights
The International Monetary Fund is exploring ways to broaden the use of its Special Drawing Rights after the leaders of the G20 reached a consensus on the matter at the G20 Summit in Hangzhou to enhance the resilience of the international financial system, IMF chief Christine Lagarde said on Monday.
"The IMF was really encouraged by the determination of China to use the SDR as a yardstick to measure reserves and as a currency for bond issuance," Lagarde told reporters at a news conference after the conclusion of the summit.
The call for greater use of SDR, a synthetic reserve currency administrated by the IMF, has been strongly backed by China as the country has been working to lift the global profile of its currency. The yuan will be officially included in the IMF's currency basket on Oct 1.
Lagarde vowed that the IMF will continue to expand the representation of emerging and developing economies in the organization as it needs to serve the entire membership.
The IMF chief also reiterated that the Chinese currency meets the criteria for the inclusion in the SDR as the Chinese monetary authority has made "constructive progress" by making its monetary policy more market-determined.
Experts said that the expansion of the use of the SDR will help improve the stability of the global financial system and the inclusion of the Chinese currency will in turn empower the influence of the SDR in international markets.
"The yuan's inclusion in the SDR will, to some extent, increase the influence of the SDR and enable it to play a greater role in the international financial markets," said E Zhihuan, an academic committee member at the International Monetary Institute of Renmin University of China.
The World Bank issued a landmark bond denominated in the IMF's SDRs in the Chinese interbank market last week.
World Bank President Jim Yong Kim said earlier that issuance of SDR bonds in China would support the G20's objective of expanding the use of the SDR, which has been listed as one of the G20's key financial tasks.
At Monday's news conference, Lagarde also said that the G20 leaders have endorsed several initiatives to support stability and resilience of the international financial architecture, which included the support for further strengthening of the global financial safety net with an adequately financed IMF equipped with a more effective tool kit.
"Global financial governance has been a big topic. After the January surge in market volatility, cooperation between countries has improved greatly and the G20 has been a suitable venue to cement the ties in that regard," said Hong Hao, chief strategist at BOCOM International Holdings in Hong Kong.
Walkingstick: Parliamentary Finance: government agreement with the IMF will be presented to Parliament
Last updated: 27 September 2016
BAGHDAD / News Network Iraq, the government plans to send a bill containing the agreement between Iraq and the International Monetary Fund to the House of Representatives to vote Alleha.oukal member of the Finance Committee in Parliament MP Masood Haider in a press statement today: "The government will submit a bill that includes the agreement between Iraq the international Monetary Fund on and obligations loans that fund and put it on Iraq ", adding that his committee will consider the draft law, which regards the Convention and conditions thoroughly and if needed, the Commission will send a delegation, including the international Monetary Fund to negotiate with him on those terms.
Next week .. advance of the 10 million from the Rafidain Bank through the card "in order to Card
Announced the Parliamentary Integrity Commission, on Tuesday, that the staff advances worth 10 million dinars will be launched next week, through the card "in order to Card."
Committee Chairman, Talal Zobaie, after a meeting with managers Rafidain and Rasheed, said that "the Commission hosted, Rafidain and Rasheed Bank managers on staff about the loans, in order to see a mechanism to ensure that the fight against corruption in the granting of loans."
He added that "the new mechanism to ensure non-interference by any employee, where the presentation is through electronic form," likely "the possibility of the launch of the Ministry of Finance staff advances to next week and through the card (ironing Card)."
He pointed Zubai, that "some ministries did not include loans Rafidain Bank such as health, interior and defense, and after talking with the bank managers has been added to these ministries at the Rasheed Bank, with Rafidain Bank will ensure that the rest of the ministries
Walkingstick: International Monetary Iraq recommends the adoption price of $ 42 per barrel of oil in the budget of 2017
Finance Committee in the House of Representatives revealed on Tuesday that the International Monetary Fund has recommended the adoption of Iraq's $ 42 price for a barrel of oil in the next year's budget in 2017, while the likely arrival of the budget to the House of Representatives next week.
Said committee member Ahmed Sarhan Sarhan told / information /, "The IMF recommended Iraq to increase the price of a barrel of oil in the budget from $ 35 to $ 42 after a slight rise in oil prices and reduce government spending."
He added that "these measures will reduce the deficit of 32 trillion dinars to 24 trillion and Iraq will get an additional loan from the World Bank and IMF to bridge the deficit in addition to the reduction in non-essential expenditures."
He guessed Sarhan, "the arrival of the draft budget to parliament next week or next at the latest after the completion of all discussions on them in the Council of Ministers", adding that "the budget bill will pass easily unlike the previous years." Finished /