More News, Rumors and Opinions Sunday Night 10-2-2022
TNT:
Tishwash: Sadr's deputy resigned: The session to choose the president will be the 'last fight'
On Sunday, a resigned Sadrist deputy spoke of closing the "page of consensus and quotas forever", in the event of a session to select the President of the Republic and assign the Prime Minister.
The resigned Sadrist MP, Haider al-Muhammadawi, said in a blog post followed by "Nass" (October 2, 2022), that "the session for selecting the President of the Republic and assigning the Prime Minister, will be decisive (the last fight)."
He added, "We will fold the record of consensus and quotas forever." link
Tishwash: Gulf central banks are looking into payment systems
The GCC Central Bank Governors Committee held its 79th meeting, in Dammam, Kingdom of Saudi Arabia, headed by Dr. Fahd bin Abdullah Al Mubarak, Governor of the Saudi Central Bank - Chairman of the current session.
At the meeting, the members of the committee discussed a number of important topics related to cooperation in the monetary field, including the recommendations of the committees and working groups under the supervision of the Committee of Governors concerned with issues of payment systems in the GCC countries and issues of supervision and control of the banking system in the GCC countries, and topics of techniques in the field of the financial sector in the GCC countries.
The council and complementary initiatives in this field. The committee discussed the exchange of cyber security information for the banking sector, and the efforts made by the GCC states in the framework of combating money laundering and terrorist financing and other issues of monetary and banking concern.
The meeting was attended by Ibrahim Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability at the Central Bank of the UAE, Rashid Mohammed Al Maraj, Governor of the Central Bank of Bahrain, Taher bin Salem bin Abdullah Al Omari, CEO of the Central Bank of Oman, and Sheikh Bandar bin Mohammed bin Saud Al Thani, Governor of the Central Bank of Oman. Qatar Central Bank, and Basil Ahmed Haroun, Governor of the Central Bank of Kuwait, with the participation of Dr. Nayef Falah Mubarak Al-Hajraf, Secretary General of the Cooperation Council for the Arab States of the Gulf.
The committee was also briefed on the most important developments and developments regarding the stages accomplished by the Monetary Council during the last period, in addition to reviewing the latest monetary and financial developments in the GCC countries. link
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Courtesy of Dinar Guru
Frank26 When the new small category notes come out there's going to be a 1, 5, 10, and 20 dinar...and a 50 and 100...later the fils will come out. This [new] 20K is a 3 zero note that is educating the citizens of Iraq of their currency changing right before their eyes. This had to happen...
MilitiaMan We have been told over and over that the CBI has upwards of 90 -145 billion in $ reserves and over 130 tonnes of gold. The border income may match or exceed Iraq's oil revenues. Add in the Natural Gas deals? You get the picture. The new notes expected will be supported by all that aforementioned and the private sector once the re [RI?] construction process begins...we know what the CBI is about to do, or they wouldn't be talking about deleting the three zeros from the exchange rate now would they?
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Meltdown Monday Coming?
by quoth the raven
Sunday, Oct 02, 2022 - 9:31 Submitted by QTR's Fringe Finance
Hold on tight. This weekend there's already been talks of an emergency Fed meeting on Monday and questions about Credit Suisse's liquidity making their way around social media.
What a week last week was: the Bank of England capitulates and heads back to quantitative easing on Wednesday, then Putin comes out Friday to let us know that he’s “ready for talks”, but also that the West is being led by “satanism” and that now seems like a great time to remind the world that the U.S. was the first country to ever use nuclear weapons.
How the hell are you even supposed to digest what this means for markets?
“How much worse can it get,” many of you are likely asking after Friday’s close. After all, the market is down 8% this month alone and and the NASDAQ, S&P and Dow are down -32%, -24% and -20% year-to-date, respectively.
The answer to the completely made up question I imagined you asking to yourself moments ago is this: If the Fed continues to hold course and posture the way it has, it can get much, much worse.
Read full post here: https://www.zerohedge.com/news/2022-10-01/meltdown-monday-coming
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MARKETS A LOOK AHEAD: Global Currency Collapse Will Get MUCH Worse.
Greg Mannarino: 10-2-2022
From Recaps Archives:
The "Hidden Secrets of Money" series by Mike Maloney
Money vs Currency - Hidden Secrets Of Money Episode 1 - Mike Maloney https://youtu.be/DyV0OfU3-FU?t=1
Seven Stages Of Empire - Hidden Secrets Of Money Episode 2 - Mike Maloney https://youtu.be/EdSq5H7awi8?t=1
This Timeline Shows The Death Of The US Dollar As World Reserve - Hidden Secrets Of Money Episode 3 https://youtu.be/y-IemeM-Ado?t=1
The Federal Reserve: Biggest Scam In The History Of Mankind - Hidden Secrets of Money Ep 4 https://youtu.be/iFDe5kUUyT0?t=1
Where Does Money Come From? - Hidden Secrets Of Money Ep 5 - Mike Maloney https://youtu.be/OQWMd_NPSBA?t=1
Top 4 Reasons For Deflation BEFORE Hyperinflation - Hidden Secrets Of Money Episode 6 (Mike Maloney) https://youtu.be/8GP87dgTqF8?t=1
The Money Illusion - Hidden Secrets Of Money Episode 7 - Mike Maloney https://youtu.be/P4_1pwsm5LY?t=1
From Bitcoin To Hedera Hashgraph (Documentary) Hidden Secrets Of Money Episode 8 https://youtu.be/SF362xxcfdk?t=1
Fall Of Empires: Rome vs USA (Hidden Secrets Of Money Ep 9) https://youtu.be/OuOcnGAv4oo?t=1
American Bread & Circus (Hidden Secrets Of Money Ep 10) https://youtu.be/fiCKf7hfagk?t=1