Dinar Recaps

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KTFA, Frank, The Atlantis Report and more Thursday PM 2-27-2020

KTFA:

Tawfiq Allawi requests the Presidency of Parliament to postpone the session 48 hours  LINK

Suzie:  OMG...I'm shocked.....IRAQ postponing something...I'm floored by this, well it is going on 5:00 over there and they've probably already put in a full day of nothingness.  How are they going to greet the world with an internationally recognized currency when they seemingly can't decide who the next dogcatcher is going be.  Do I sound fed up with their "antics", well, I am and so should their people and the world for that matter.  Again, JUST MY OPINION!

The Snod:  Peep’s, we have to make it look like the GOI is going through something that resembles normal processes for political posterity, but they are highly over-leveraged by us.  We are watching the final brooming of the floor.  Since 2017, the political will appears to be here, and the Trump deals are looming.....

Red Pilled and Poised:  Frank told us the vote does not matter. If the vote occurs on Sunday, or Saturday as mentioned in a previous article, the rate can change and we could very well see this going on a Sunday into Monday. 

Youngsc:  I strongly suggest that you guys watch Franks YouTube last night and listen carefully to what he had already stated in his opinion about the PM and his cabinet over a dozen times.

Cleitus:  Family, listen to last night's ub2b at the 2:13:28 onward and listen carefully what Frank is telling Eddie!  There is much to gather from that conversation and it's all POSITIVE!

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Frank26:  2-26-20 STERILIZE THE ZEROS WITH CORONA

THIS ENTIRE YOUTUBE IS IN FRANK'S OPINION

https://www.youtube.com/watch?v=_8gpTQh7Pg

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Samson:  The Central Bank is organizing a dialogue seminar on government banking governance

27th February, 2020

The Center for Banking Studies at the Central Bank of Iraq organized a seminar
titled: Governance of Governmental Banks, presented by Dr. Khawla Talib Al-Asadi,
former General Manager of the Rafidain Bank.

The symposium included several axes on the importance of structuring and
governing banks to manage their risks, the importance of automating operations,
and developing internal control systems.

The Central Bank of Iraq

information Office

February 27, 2020

https://cbi.iq/news/view/1440

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Courtesy of Dinar Guru

Frank  ...we have a cloud of smoke from the excitement from the explosion IMO of them actually pushing a button...it's not dark humor.  It's not science fiction.  It's not a comedy.  It's all great.  The Prime Minister twice talked to the citizens of Iraq about the exchange rate for the improvement of their economy.  Twice he's talked about the exchange rate.  He also talked to them about the vote.  And yeah they're gonna have the vote and he gave the reason why there won't be one today [Wednesday].  It looks like Thursday.  Tomorrow hopefully they get it all done.  That's really not important.  It's really not.  IMO the government has been functioning with no problem for quite a while...

Frank   This past Monday they pushed the button on the 30 day countdown of the formation and announcement and the introduction of the budget and the introduction of the new rate all within that 30 day time-frame.  This is all IMO.  I don't know...I wanna say I feel I'm 99% positive about this but I have to be polite and say this is all my opinion because it's not like I can show you...because I can't...

Pimpy   ...Dr. Shabibi wrote an article complaining that the  monetary policies that the CBI is under from the IMF and World Bank helps keep inflation low but it really chokes off their ability to grow economically.  He's the one pushing for a rate change...

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Markets in Free Fall Worldwide as Country after Country becomes Economically Crippled !!

The Atlantis Report:  Premiered 51 minutes ago

The Fear of the epidemic causes Dow Jones and Nasdaq to plummet. American Airlines swoops - Strong sales on Microsoft and Apple that drag the market down - Oil is falling.

 The Financial Markets globally are in free fall as the world wakes up to the fact that we are in the middle of a virus pandemic. This is a worldwide epidemic .

Even here in the United States, we have this one case that everyone's focusing on, but what we failed to miss is the fact that the CDC; because of a problem in getting their test reagents out to the local labs, we've hardly tested anyone.

And so here the absence of evidence is not evidence of absence. I think we have a much more robust transmission going on in this country right now that we just haven't picked up.

And this is happening in countries around the world. Now 50 countries confirmed, and I suspect it's in many many more than that that will be confirmed in the days ahead.

The virus continues to spread globally. More than 80,000 cases have been confirmed worldwide, including just under 1,000 in South Korea, more than 280 in Italy, and 53 in the United States.

President Donald Trump may claim that the U.S. has the virus under control, but health experts and stock market strategists are less confident in the administration’s assessment.

Japan has called for all public schools to be closed from next Monday to the end of spring break in April. This, as infections outside China, now outnumber those inside China.

Saudi Arabia stopped the pilgrimage to the Islamic holy sites. Numerous international flights have been cut back or canceled.

Altogether, 50 countries or territories have confirmed cases of the virus. South Korea has again seen its biggest one-day jump in infections, and Saudi Arabia has stopped travel to religious pilgrimage sites due to fears over the virus.

In Europe, Italy's outbreak has worsened, while Romania, Denmark, and Estonia are the latest countries to confirm cases. And Australia is taking emergency measures to stop the disease spreading. Numerous international flights have been cut back or canceled.

 Countries around the world are fighting to ward off a pandemic. And the FED is speechless in the face of trillions in lost global GDP output; as country after country becomes economically crippled.

Welcome back to The Atlantis Report.

CNBC reported that the virus already wiped out $1.7 trillion in US stock market value in two days. Dow Plunges To Worst Level Since December.

The Dow Jones Industrial Average is now at its lowest level since early December. The S&P 500 lost an estimated $1.737 trillion in value in two days. Bounced hard off of something 150 pts in seconds. The bounces are inevitable; traders are going on hunting trips hoping to catch bears out.

 For the full transcript go to https://financearmageddon.blogspot.com

https://youtu.be/rj55ePe0KKk?t=1

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