News, Rumors and Opinions Late Tuesday Night 3-3-2020
TNT:
Tishwash: I hope the last sentence is a translation error
Corona enters the Iraqi parliament
A source inside the House of Representatives revealed the presence of suspected cases of Karuna virus, noting that the cases were two of them deputies.
A source, who preferred not to be named, said that the suspected cases included two deputies who had complications from the disease and were transferred to the hospital, noting that yesterday, a suspected employee of Corona was suspected, which prompted him to leave the council.
He pointed out that today one of the female employees has worsened her health condition and was transferred to Ibn Sina Hospital in the Green Zone.
He added that on Thursday, the House of Representatives will demolish the building link
KTFA:
MilitiaMan: A rate change would bring in more than just 100k jobs.. IMO.. The mechanism is to give purchase power out of the 2019 FML Amendment to precede the 2020 budget. It will usher in significant contracts. imo ~ MM
Mr Harfax: No disagreement on the mechanism. Why do you feel this simple step hasn't been taking if it is just waiting there? The youngsters are certainly ready to work IMO.
MilitiaMan: One thing comes to mind is the process was said to be highly complex. Those working on the total aspect of the project as a whole is a lot of work and having to be done privately with few people in the scheme of it all.
Delta gave us his view of the video he translated and it spoke of the matters at large. The key points were the infrastructure is in place and there is an agreement that the process will be completed. Therefore, why it is not done? That may be because they are not done, yet.
The article about the recent large amount of bank accounts may have something to do with it. The more chunky money they started bringing in from the "Sterilization of Currency" scare may have been an additional tool that was unexpected and opportunity reared up and may have been cleverly used to do such thing, by reducing the note count.
The CBI has not adjusted the money supply since November 2019.. imo The more they get off the street the cheaper it may be in the end for them.. May support value to go along with it.
Therefore, again I will say this, " The longer it takes, the more money we make." imo. So, that is my take on what may be the case.
The Turkmeistan model looks to be on course and getting them into the banks is a key indicator.. Not to mention the CBI spent about $200 million in printing and minting new money.. imo~ MM
Mr.Harfax: Great post. I have no doubt we are getting close. I hope we see soon see the government and central bank come together and commit to opening Iraq for business.
MilitiMan: That is the game plan, closer. We have not seen them suggest that they are not following through with the open for business nor that they have suggested they are not following through!! ... A good thing... And Thank You too!!
Negative Rates Coming - More Repo Largess , MORE QE. But it’s all a big dead cat bounce !!
The Atlantis Report: 3-3-2020
Negative rates are coming. Be ready America. Very sad, a plan that is many decades in the making. The Fed WILL cut rates again at their next meeting in a few weeks.
This is their ultimate plan, many decades in the making.. to be the lender and buyer of last resort- to own the world. WE LOSE. President Trump ELATED on the Fed rate cut. Now he is calling for DEEPER CUTS and MORE QE. It’s a big dead cat bounce.
The debt market is a nuclear bomb that’s about to go off.
President Donald Trump on Tuesday demanded that the Federal Reserve cut rates even more after the central bank announced it would slash rates by 50 basis points in an effort to combat the economic impact . Trump, the "Greatest businessman of all time": Trump thinks the U.S. deserves to have subzero interest rates since it has great currency, power, balance sheet.
Cut the rate to help corporate customers while it lowers savings and money market interest earned...so in essence, help the wealthy corporate types and screw the individual consumer again.
Negative interest rates will force you to pull all your bucks in the stock market or under your mattress! And the Fed just began another REPO after a 120 BILLION pump this morning.
The Fed would use it as an excuse to VASTLY expand the debt. Scary... this IS their final solution. The debt has become the toxic poison. They used that as an excuse to make it look like somebody is buying stocks. When they cut later down the road, the market will rise again on the day of the announcement ,all fake.
Supply chain stopped from China; empty shelves and the Fed prints more money. Just wait in two weeks you will see in some cities grocery stores wiped clean.
Most people cannot live three days with a disruption in supply.
For the full transcript go to https://financearmageddon.blogspot.com