News, Rumors and Opinions Saturday Night 12-21-19
KTFA:
MilitiaMan: I am glad to have had a great study with everyone leading to the end game. Yes, I know it is not over just yet, but, very good collective evidence suggests thus far that end is this year effectively. I don’t know of course 100% personally but, my view is my bet is placed on that it is 100%. Why you may ask?
Because one simple take away. They haven’t denied it this year. In fact, they have confirmed they have orders to complete the monetary reforms and have accepted them. (USA influenced)
The CBI accepted back in September 30, 2019 +- those orders.
To back that up the chronology of events goes somewhat like this. The CBI back in March of 2019 discussed they were going to move forward. About 6 months later in late August 2019 they did again per final article thread post #122, I believe it was.
The video that spoke of orders to complete the process and the ones accepted were dated 09/30/2019. (Keep in mind the orders were given days before that, as it takes time to make the video, edit, publish it, etc.) The video mind you wasn’t disclosed to the world at large yet to the western world, it was on Iraqi TV for the citizens though. That was around the same time the citizens said they would go to the streets. They did 10/01/2019.
While that was ongoing and still is to some degree, the CBI still made progress with reforms per orders. How do we know that? The CBI comes out and tells the world to be prepared to modify contracts. A very important clue the end was coming and is. That clue was given on or around 11/04-07/2019 real close directly from the CBI. Then on 12/01/2019 the Iraq Trade Bank (largest commercial lender in Iraq) publicly suspended loans from 12/01/2019 through 01/01/2020. Another major clue the process is underway and orders were being followed.
Meanwhile a few days later about 12/07/2019 the CBI makes public the video interview the citizens had back in September and discloses to the western world the orders given and the acceptance of them.
As you can see in the chronology thus far, the process is underway, has been and is not stopping. To back that up in the final articles there is historic evidence to support the CBI will tell the world what they are doing and why. They haven’t done that in respect to any delay like in the past, they in fact have done the opposite this year as noted above.
We then in short order see Nusiri, a board member and well renown authority at the Central Bank comes out with an executive summary describing the banks progress over many years to date. That description Nusiri provides is telling the world Iraq is going international.
Now we see them talking about payments electronically and more succinctly timed and from both banks most likely to do the lions share of electronic banking country wide. Both Rasheed and Rafidain banks are geared and ready to go electronically and with less physical cash..
So, let’s see what happens. The likely hood the article from Nusiri talking internationalism and advance stages of going into globalization, speaks of that now is a possible go time for us more sooner than later. The latter is T-12 now, which is even awesome in of it self!!
All of this is I’m my opinion. ~ MM
Courtesy of Dinar Guru
Jeff ...In the past Iraq has always finalized and completed their budgets during Q1 of that budget year and they would just backdate the budget to January 1st...This is one of the first years they're implementing a temporary budget.
What the temporary budget tells us is that yes they're following suit as they have in the past. They're approving their 2020 budget in Q1 of 2020 but because they're implementing a temporary budget that tells us they're not backdating the 2020 budget to start January 1st.
So what they're saying is they need external funds to cover them through Q1 of 2020 because the 2020 budget is not going to be backdated or starting on January 1st...
They're telling us indirectly that they're going to transition to a different fiscal year and start 2020 budget most likely around Q2, which for them would be a new fiscal year ranging from April 1st through March.
Why would they transition to a different fiscal year?
That's a step they actually have to do when they change the rate...in order to achieve a rate greater than the dollar they have to un-peg the dinar from the dollar and re-peg it to an assortment basket identical to Kuwait.
That's why Kuwait on March 24th of '91 changed their rate at the end of March for their budget fiscal year which starts April 1st. As you see Iraq is right now in the process of doing that right before your eyes...
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TNT:
Eccle519: Back in around 2011 give or take did you ever think this was going to 2020? People were crucified for saying that...lol Unfortunately they were right. We tend to forget the GCR and what it really is. A complete reset of all/most currencies. It's being set up right now
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Russia's "Sovereign Internet" Test Will Cut Off Entire Country From Web On Monday
by Tyler Durden
Sat, 12/21/2019 - 09:55
On Monday a key initiative undertaken by the Russian government for over the past year to establish a 'sovereign internet' will face a major test. That's when the country and its information systems will be intentionally disconnected from the worldwide web, according to Russia's communications ministry.
Russia aims to ready its own web to both survive a global internet shutdown and defend against foreign cyber-attacks and intrusion on its data infrastructure.
The test is based on the recently passed “sovereign internet” bill into Russian law, which requires “all communications operators, messengers and email providers [to] participate in the tests, as well as state-run institutions and security services,” according to a summary of the law by Reuters.
Essentially it means all Russian internet traffic will be routed to exchange points approved by the Federal Service for Supervision of Communications, Information Technology and Mass Media (Roskomnadzor), Russia's federal executive body responsible for censorship in media and telecommunications.
These hubs will filter traffic in such a way that data sent between Russians internet users should work seamlessly, simultaneously rejecting any communication with foreign computers. The test will evaluate “the possibility of intercepting subscriber traffic and revealing information about the subscriber, blocking communication services,” according to an internal government document.
However, the ministry noted it shouldn't significantly impact regular individual internet users and is to take place in stages on Dec. 23.
President Putin actually addressed the 'sovereign internet' initiative this week at his annual year-end press conference, saying in response to a journalist's question, "Free Internet and sovereign Internet — these notions do not contradict each other." He was responding to criticism from activist groups which say it's a dramatic and dangerous step toward complete government censorship and total information control.
He continued, "The law you have mentioned is aimed only at preventing adverse consequences of global disconnection from the global network, which is largely controlled from abroad. This is the point, this is what sovereignty is — to have our resources that can be turned on so that we would not be cut from the Internet," according to TASS.
The law says that in case of threat or major cyber-attack from abroad, the country's comms watchdog Roskomnadzor can take complete control and centrally oversee of the country's network.
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