More News, Rumors and Opinions Monday Night 6-7-2021
KTFA:
Samson: Depositors' Cry" demands all funds from Lebanon's banks
6th June, 2021
The "Depositors' Scream" association, which defends the rights of depositors in Lebanese banks, demanded that bank customers recover their full funds, noting that the amount of $400 that the Central Bank of Lebanon obligated the banks operating in the country to pay monthly "does not enable the depositor to obtain his minimum needs
The association said in a statement, yesterday, Saturday, that “our position is consistent from a clear fact that the depositor placed his money in Lebanese banks and would like to recover it in full as soon as possible,” calling on the governor of the Central Bank of Lebanon to pressure the Association of Banks to return the funds to their owners with an “acceptable, clear and consistent scheduling.” and reasonable.
She welcomed "the efforts made by the Banque du Liban to work towards releasing depositors' money that the banks unjustly seized," but she pointed out that the amount that the Central Bank of Lebanon demanded of the banks to pay monthly to depositors is insufficient
The association added that “what is required of the banks to change the way of arbitrary and dictatorial behavior and to act responsibly towards those who secure them in order to reap their life, these banks must be aware that their future sustainability begins with respecting deposits and depositors now, and that every behavior other than this direction represents suicide that bears its responsibility alone, which is Continuing to hit the banking sector as a whole
Since October 18, 2019, Lebanese banks have been holding dollar deposit accounts, and have also placed ceilings on withdrawals from Lebanese pound accounts
Lebanon witnesses protests from time to time in which the demonstrators raise slogans holding the political class responsible for the financial and economic collapse, and demand the recovery of their money held in banks. Depositors filed lawsuits accusing the banks of negligence and fraud, amid fears that their savings would be squandered. The financial and economic crisis has plunged a large segment of citizens into poverty and unemployment, the severity of which has increased with the spread of the Corona virus pandemic since the beginning of last year
International warnings of the seriousness of the crisis in Lebanon are increasing. The World Bank stated in a report in early June that "Lebanon is drowning", suggesting that the country's financial and economic crisis will rank among the first three of the most severe crises in the world since the mid-nineteenth century
According to the report of the "Lebanese Economic Monitor" issued by the Bank, the social and economic conditions that Lebanon is facing "warn of a comprehensive national failure with potential regional and global consequences LINK
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Courtesy of Dinar Guru
Frank26 I'm hoping that one day soon in the near proximal future we will be able to see a new exchange rate on the CBI website because...[what]...the Fab 4 accomplished with the CBI...
Jeff Article: "Talabani meets Al-Kazemi and asks him to adopt the latest agreement to solve the problems" This is in regard to the implementation of Iraq's budget. They want everything done and happening per Iraq's constitution. They [Iraq] want Kurdistan to send their oil money and oil to Baghdad and then they [Kurds] want Baghdad to send their portion of the '21 budget to them...both parties have said that they're ready to do it. They're talked about maybe doing those steps this week... Article: "Oil and Gas Law" The oil and gas law is post rate change. This article came out today (6/6/21). We are getting these types of articles every week...
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Silver Report Uncut:
NYC Losing Billions In Construction Jobs, McDonalds Automating Everything, States Losing Tax Money
Jun 7, 2021
Closures resulted in $9.8 billion in lost construction activity and 74,000 direct and indirect lost jobs in New York City, according to a report by the Building Trades Employers’ Association.
The decline in jobs contributed to a $5.5 billion loss in total wages, the report said. "A decade of employment growth was wiped out in two months last year," the report said, quoting the New York City Independent Budget Office, which noted that it will take at least five years to recover from the effects.
We also see that 10 McDonald's restaurants in Chicago are testing automated drive-thru ordering using new artificial intelligence software that converts voice orders for the computer.
McDonald's CEO Chris Kempczinski said Wednesday during an appearance at Alliance Bernstein's Strategic Decisions conference that the new voice-order technology is about 85% accurate and can take 80% of drive-thru orders. The company obtained the technology during its 2019 acquisition of Apprente.
The Atlantis Report:
The Fed to Introduce a Digital Dollar As Hyperinflation Looming
2 hours ago
The War on The Dollar: The Fed Exploring a Digital Currency
As Hyperinflation Looming Isn't it interesting that just as the fear of the pandemic comes to an end we now have to fear a cyber attack pandemic.
Governments will now pass Quadrillions in legislation to fight this new enemy, media has their new narrative and congressional family members will suddenly be running, owning and invested in cyber security firms.
This is a Currency Reset ,Economic Collapse and Bankruptcy.
Their goal is a worldwide dictatorship of the Banking Cartel. Once all financial authority is removed from the individual governments, as the federal reserve is doing at this time with our own US government, we will see the end game of their well planned and executed pandemic.
The secret elite at the very top needs all authority shifted from the governments and into the hands of the international banking system, which they control. They will succeed in creating a one-world financial system with the international banks at the head, telling governments what to do instead of the other way around.
But in order to have a one-world financial system, they need to introduce the world to their one world currency. So they must completely bankrupt our government, as is already being done, and they need to put US citizens in such a state of hopelessness, that we will all agree to this secret ruling elite's offer: Accept our new world currency in place of your US dollar, and we will bail you out.
And we will accept it. Can't have a one-world economy, a one-world financial system, and a one-world government without a one-world currency now, can they?
And whoever controls this world monetary system, do control this world. Thus, a worldwide dictatorship with this secret fraternity at the very top at the controls.
And their weapon of choice for the overthrow of this world is the monetary system.