MY LADIES PRIVATE CHATROOM: Late Sunday Night”
Socksmom: The United States' inability to conduct international trade with Iran will (obviously) not stop the rest of the world from conducting international trade with Iran. That's a given ...
Is it possible that Iran and Iraq have found a way to conduct trade with one another that circumvents Iraq's imposed program rate?
We read reports of a multi-billion dollar deal between Iran and Iraq for the construction of the Iran/Iraq gas pipeline. Iraq is too smart to sign an agreement of that magnitude unless it included terms designed to protect its financial interests.
MY LADIES: YES BUT MORE THAN THAT SOCKS..IT IS IRANS GAS LINE. IRAN AND IRAQ HAVE BEEN TRADING FOR YEARS ALREADY. BUT I THINK IRAQ HAS TO REACT FOR MANY REASONS.
SHARING A BORDER AS LONG AS THEY DO WITH IRAQ AND BEING OPEN FOR INVESTORS WITH LITTLE HEADACHES I THINK MANY OIL COMPANIES ESPECIALLY THOSE THAT HAVE NOT RECEIVED PAYMENT SINCE 2012-2013 WILL FIND IT EASIER TO SET UP SHOP IN IRAN.
AND THE PORTS THEY ARE GOING TO BE SHARING IS ANOTHER REASON.
I THINK WE ARE ABOUT TO SEE STABILITY IN IRAQ PDG AND I THINK IRAN EMERGING WILL BE THE PUSH THE ENITIRE MIDDLE EAST NEEDS TO COME TO THE MARKET.
MONDAY WITH THE VOTE IS JUST THE START...THERE WILL BE VERY MUCH HAPPENING AFTER THAT.
Socksmom: ML: Which means Iraq has little choice but to make it's move 'yesterday' or not only lose a lot of ground, but throw a wrench into the entire financial landscape of the Middle East.
MVL: Iran and India have had a long, and prosperous relationship before sanctions.
India is a member of BRICS, and these banks are well-positioned to pick up where they left off, and flexible enough to adapt with the new global economic paradigm.
MY LADIES: WELL SOME OF US ARE LEARNING FARSI AS A SECOND LANGUAGE...I THINK OPPORTUNITY IN IRAN WILL BE TREMENDOUS
MEMPHIS: since the replies to Nova's Q seem to be ended I will add one last point but need to 1st frame our thinking so that we might appreciate it's value.
Recall this week that under many forms of capital controls the Greek people are being tossed to and fro by powerful people and these people (ultimately central bankers) have now leveraged their ultimate position by attaching assets of the Greek nation to their demands.
No one can now argue that Greece is truly being plundered.
Now assuming we accept the above as fact and we're on the same page then consider yesterday in a reply I wrote that when any major nation state enters that phase in the cycle marked by decline then we also see that the people always find a way. Innovative and creative minds come forward with new ways of doing things. New avenues to circumvent and thereby allow individuals to preserve what is theirs.
So now let's look to the matter of TX and what they are doing. Although it has many dimensions to it I see it clearly as just such an example of a creative mind providing a solution and then others can take this new thing that is being birthed and make it their own. I see this as having great potential to grow and to spread into something much larger than it's author had even envisioned.
I have said all of the above to now get to my point....
One of our founding fathers (a truly great mind in my estimation) had a vision of what MIGHT befall America someday if we let our guard down.
In reading it I see a snapshot of modern day Greece (THE BIRTHPLACE OF DEMOCRACY) and if you will pay particular attention to his closing comment you might see painted for you a clear picture of the very thing we have been discussing. The TX state gold depository. Just a thought...
"I believe that banking institutions are more dangerous to our liberties than standing armies.
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.
The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.- Thomas Jefferson
IQD NOVA: WHAT WE ARE SEEING THIS EVENING IS WHY I LIKE TO SIT BACK AND LET THINGS COME TO ME, OR AS SOME WOULD SAY "PLAY OUT"
WHAT PART OF THIS PROCESS DO WE CARE ABOUT AND SHOULD BE THE ONLY THING WE NEED TO WATCH?
WHEN DO THEY GET TO USE THERE MONEY?? THE MOMENT THAT HAPPENS THEN WE NEED TO TURN OUR EYES TO IDAQ AND SEE HOW LONG IT TAKES THEM TO REACT!!!
AW: From the list of folks already flying into Iran, it appears that many believe the wait for Iran's money may be a short wait.
MY LADIES: WELL ALRIGHTY THEN...PASS THE POPCORN!!
MVL: This relates to Nova's earlier post, about aside from Greece, what's the rest of the world look like? I counted 38 countries on the verge of an economic concern that would make 2008 look like a garden party.