More News, Rumors and Opinions Thursday Evening 1-6-2022
KTFA:
Samson: A big carnival this evening in Al-Mutanabbi to celebrate the army day and the new parliament is near
01/06/2022 12:31:28
The Mayor of Baghdad, Architect Alaa Maan, announced, on Thursday, the launch of major celebrations this evening in Al-Mutanabbi to celebrate the establishment of the Iraqi army, the imminent convening of the first session of the Iraqi parliament, and the success of Prime Minister Al-Kazemi’s program with the exit of foreign combat forces from the land of Iraq.
A statement by the secretariat, of which {Euphrates News} received a copy, stated, “The Mayor of Baghdad extends his most beautiful congratulations to the Iraqi people and its security forces on the occasion of the establishment of the valiant Iraqi army, which defended the security and unity of Iraq and achieved victory in the battles and defending the homeland against terrorism and aggressors, calling for mercy and eternity.
To the martyrs of the valiant army and all kinds of security forces, and a speedy recovery to the wounded.”
The statement added, “The celebration will start at half past five in the evening today in Al-Mutanabbi and will include several artistic and theatrical activities, in addition to launching fireworks in the beloved sky of Baghdad, as well as distributing roses and Iraqi flags to the security forces.”
He pointed out that “the celebrations of the Baghdad Municipality on the anniversary of the establishment of the valiant Iraqi army this year will be distinguished because they coincide with the departure of foreign combat forces in light of the success of the government program of the Prime Minister, Mustafa Al-Kazemi, who achieved a large number of achievements at the internal and external levels, as well as on the occasion of the upcoming convening of the first session of Parliament Iraq after the parliamentary elections that Iraq witnessed at the end of last year. LINK
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Samson: A Missile Attack Targets The Ain Al-Assad Base, West Of Anbar
5th January, 2022
A security source reported, on Wednesday, a missile attack targeting Ain Al-Assad base, west of Anbar.
The source told the “Information Agency” that “a missile attack by 6 missiles targeted the Ain Al-Assad base, west of Anbar.”
He added, “The attack was launched from the Al-Baghdadi side, which is close to the base, which includes camps for US forces.”
And a security source in Anbar province revealed, earlier today, Wednesday, that the American planes had conducted intensive aerial reconnaissance operations over the western regions. LINK
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Courtesy of Dinar Guru
Frank26 What the governor of the CBI is telling you [Iraqi citizens] is that right now you have a fixed rate but it stinks. It's a program rate. It's worthless. Now, soon the Iraqi dinar will de-peg from the American dollar and go on par with it at a fixed rate of 1 to 1 internationally. It is at that point where the global communities will buy, trade and sell in using the Iraqi dinar causing it to go up in value like the other middle eastern countries around you. [Post 1 of 2...stay tuned]
Frank26 I believe you are going to hit a high $3 or even possible low $4. In other words a rate of 3 to 1 or maybe 4 to 1 internationally which would reflect inside of your country as well...IMO you are going to float the moment that they announce that you are clear of Chapter 7 and Chapter 6...because you already paid Kuwait this announcement is coming. [Post 2 of 2]
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TNT:
Ivantulafitov: History of Iraqi Dinar - Past to Present
In this video we go over the history of Iraqi Banknotes. From the past to the present. The first series of Dinar dates back to 1932. It was issued to replace the Indian Rupee and its design featured King Faisal I.
As time progressed, images of Royalty were removed from the faces of the banknotes and were replaced by scenic imagery of the country like, landscapes, buildings and landmarks. Later on banknotes started featuring former leader Saddam Hussein.
Due to sanctions on the country the quality of the banknotes during this era had very poor quality. The last banknote to feature Hussein was the 10,000 Dinar. Afterwards came the current series of circulating banknotes. They no longer feature Saddam.
The red 25,000 Dinar is the most popular of the series but, recently a brown 50,000 Dinar was released for circulation.
2022 , We are Already in a Recession According to Nassim Taleb !
The Nomad Economist: Premiered 31 minutes ago
For those of you that are predicting a market crash. Consider this, black swan events can work in reverse to Taleb theory.
You can have an unexpected events that triggers positive outcome for the economy and society! But this is only positive for the elite and the Fed.
Main street is not benefiting from these rallies or the stock markets being at all time highs. For those of you that believe that you need to get boots on the ground and see what really is going on. People are hurting. Going broke etc. and like it was mentioned almost everyone on Main Street has nothing to invest in Wall Street.
The Japanese asset price bubble was an economic bubble in Japan from 1986 to 1991 in which real estate and stock market prices were greatly inflated.
In early 1992, this price bubble burst and Japan's economy stagnated. The bubble was characterized by rapid acceleration of asset prices and overheated economic activity, as well as an uncontrolled money supply and credit expansion.
More specifically, over-confidence and speculation regarding asset and stock prices were closely associated with excessive monetary easing policy at the time.
Through the creation of economic policies that cultivated the marketability of assets, eased the access to credit, and encouraged speculation, the Japanese government started, prolonged and exacerbated the Japanese asset price bubble.
This is more like 2007 heading into the housing bubble of 2008-09. Japan owned the world in the 1980's and could do no wrong. EVERYBODY wanted to be like Japan. Until it all came crashing down.
We are next.