US Dollar/Iraqi Dinar/Iranian Rial – Exchange Rate – Stability – Credit Rating

.US Dollar/Iraqi Dinar/Iranian Rial – Exchange Rate – Stability – Credit Rating

 Standard & Poor's Confirms Its Credit Rating Of Iraq At B- / B With A Stable Outlook

24th August, 2019

The agency predicted that Iraq will record a budget deficit in 2019 and the coming years, due to the decline in oil prices and the needs of large spending.

Standard & Poor's also forecast that growth in Iraq will recover in 2019, supported by expected increases in oil production and a gradual recovery of non-oil economic activity.

The agency said it could cut its ratings for Iraq if the government increased spending beyond its expectations.

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NewsDINARRECAPS8
Restored Republic via a GCR- Rumors as of Aug. 24, 2019

.Thank you Judy

Restored Republic via a GCR: Update as of Aug. 24 2019

Compiled 24 Aug. 12:01 am EDT by Judy Byington

Below is a summary of information from the Internet. It would be up to the reader to do their own research and decide whether or not it was valid. This has finally come to be. I wish you well in your humanitarian efforts and look forward to seeing you again on the other side of the reset where together, we will make life better for all.

Judy Note: The RV began on Thurs. Aug. 22 and like you, I was disappointed that we had not yet seen the 800#s. That is, until I researched the below and discovered The Plan.

On Fri. Aug. 23 Director of the Central Bank of Canada Mark Carney called for a Global Currency Reset in his keynote address before the Federal Reserve’s annual Economic Symposium in Jackson Hole Wyoming. At the time memos had already been sent to the Banks indicating that the 800#s would come out sometime over the weekend

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IQD CALLS CHAT Friday Night  8-23-19

.IQD CALLS CHAT Friday Night  8-23-19

Post From IQD CALLS Chat Room

chattels   Ahead of oil talks with Baghdad, KRG proposes new budget framework

As leaders in Erbil and Baghdad prepare for detailed negotiations on long-standing disputes, the KRG is offering to hand over all of its oil exports to the federal government – for a price.

chattels   By RAWAZ TAHIR, MOHAMMED HUSSEIN, BEN VAN HEUVELEN AND STAFF of Iraq Oil Report   Published Thursday, August 22nd, 2019  

chattels   " ERBIL - Leaders in Erbil have floated a proposal that would financially reintegrate the autonomous Kurdistan Regional Government (KRG) with federal Iraq, laying further groundwork for upcoming negotiations over long-standing oil and territorial disputes.

The new offer includes several potential sticking points, and there is little indication that in its current form it will satisfy the concerns of leaders in Baghdad. But the proposal provides insight into the likely contours of talks that are expected to accelerate in the coming weeks."

chattels   https://www.iraqoilreport.com/news/ahead-of-oil-talks-with-baghdad-krg-proposes-new-budget-framework-42052/?utm_source=IOR+Newsletter&utm_campaign=658e1a769b-Email_Update&utm_medium=email&utm_term=0_f9870911e6-658e1a769b-192866317   

chattels   Netanyahu: We are working against Iran's military bases in Iraq

By Rudaw 16 hours ago    https://www.rudaw.net/mobile/arabic/middleeast/22082019

chattels   David M. Witty @DavidMWitty1

Israeli PM says Israeli Armed Forces are conducting activities against Iranian bases in Iraq & other countries in the region. https://twitter.com/DavidMWitty1/status/1164623665218166785

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What Are You Willing To Do For Financial Independence?

.What Are You Willing To Do For Financial Independence?

By Barry Choi

 I’m honestly getting really tired of all the Financial Independence, Retire Early (FIRE) blogs, articles, and people out there. Don’t get me wrong, I think FIRE is amazing, and if you can achieve it, that’s great.

My problem is that in the last little while, FIRE has been making headlines because of people who have unique situations.

It’s easy to achieve FIRE if you have a high income and reside in an area where there’s a low cost of living, but for most people, that may not be the case.If you want to achieve FIRE, you can take a few steps to help you get there. You may not retire in your 30’s or 40’s, but I would say if you can retire a few years early without having to worry about money, you’re probably doing alright.

Full disclosure, I’m looking to retire early myself, but there’s just no way I’m doing what some people did to get there. What are You Willing to do for Financial Independence?

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Advice, Misc.DINARRECAPS8
Frank26, X22 and more....Friday Night 8-23-19

Emailed to Dinar Recaps,

From Brent Johnson, who will be on MarkZ's afternoon stream this coming Tuesday (Aug. 27).

URGENT! IMPORTANT! As a result of the chaos that came out of incorrect information being posted regarding my verifying 800 numbers, I have had family, friends and staff harmed.

My intention was only to help people get verification of addresses but I have suffered as a result of the resulting insanity. Therefore, I am withdrawing my offer to vet addresses before exchange. Everyone is going to have to be on his or her own.

Please continue to list my weekly conference call at 9:00 pm Eastern Time at 605-313-5405 Access 888316. We discuss how to prepare for dealing with the redemption centers, setting up wealth management, second passports and golden visas, common law trusts, Private Interest Foundations and International Business Corporations, special private LLCs, International Drivers Permits, how to obtain press credentials, and much more.:):D

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When Money Makes You Miserable

.More Money, Less Happiness: When Money Makes You Miserable

By  Michael Laurence — August 14 2019

More money, less happiness: When money makes you miserable

Money, the conventional wisdom says, doesn't buy happiness. Modern psychology seems to back this up, with studies suggesting that beyond an income of $75,000, money doesn't make you any happier.

This conclusion is simultaneously obvious and counter-intuitive.

As an abstract principle, most us acknowledge that money doesn't buy happiness. But, at the same time, we all want more of something material — a nicer house, nicer vacations, the ability to live in a certain neighborhood or eat at fancier restaurants — that we think would make us happier. (If you're J.D., you think maybe season tickets to your favorite team might make you happier.)

So, we're left with a conundrum. Or, rather, a series of conundrums: Does income in excess of $75,000 make us happier? And if not, why not?

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Advice, Misc.DINARRECAPS8
More News, Rumors and Opinions Friday Afternoon 8-23-19

.KTFA:

Don961:  Indicators of a recession in the global economy

Friday 23 August 2019

Capitals / agencies

 The bond market has begun to send signals of concern to investors around the world, in an unconventional development, which often precedes a downward trend in global economic performance.

This was not the only case of an imminent global recession, coupled with the contraction of Europe's major economies as well as disappointing industrial activity data.

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Which Financial Advice Should You Trust?

.Which Financial Advice Should You Trust?

By  J.D. Roth — published 19 August 2019 (updated 22 August 2019)

Commenting on a recent article, Carmine Red asked an excellent question:

How do you evaluate the financial advice you get from other sources? Specifically, how do you decide if some piece of advice is for you, or if you should discard some adjacent advice. Is there an amount of pick-and-choose?

GRS definitely doesn’t seem like a dogmatic 100% one-way-of-doing things site, so I’d love to hear about the critical thinking you employ, and that I’m sure we can all use a little of since we’re getting bombarded by financial “do this!” or “don’t do this” instructions from so many different dimensions.

Carmine is right: GRS is not dogmatic. From the start, my top admonition has been “do what works for you”. By this I mean that you should test financial advice to see if it works for you and your situation.

There's little (if any) advice that applies to 100% of people in 100% of cases. Life is messy. Money is messy.

So, how can you decide whom to trust? How can you evaluate a piece of financial advice to decide whether it has merit? And if the financial advice does have merit, how can you tell if it's right for your life?

Today, let's take a deep dive into this question. Let's explore how to evaluate all of the financial advice you get — from the internet, from television, and in real life.

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Advice, Misc.DINARRECAPS8