News, Rumors and Opinions Sunday Evening 11-22-2020
KTFA:
Don961: The closing statement of the G20 summit affirms the commitment of its leaders to lead the world into an era of strength and sustainability
2020-11-22 Yes Iraq - Baghdad
The G20 published a final statement on its remote summit chaired by Saudi Arabia yesterday and today.
The Final Statement of the G20 Summit:
The group's leaders are committed to leading the world into an era of strength and sustainability
Extending the initiative to suspend debt service payments until next June
Emphasizing the mandate of the United Nations agencies, especially the Health Organization, while studying the need to enhance their effectiveness in coordinating and supporting the global response to the pandemic
The group will spare no effort to ensure that all countries receive Covid-19 vaccines at an affordable price
Determined to continue to use all possible policy tools to protect lives, jobs and incomes, support economic recovery and enhance the resilience of the financial system
We support enhanced IMF support to help address specific challenges facing small developing countries
We have renewed our commitment to ensuring a stronger financial safety net at the core of the International Monetary Fund
Supporting the multilateral trading system is as important now as ever
The group is determined to support developing and least developed countries, and recognizes the special challenges of Africa and developing countries
The group reaffirms its continued political support for the reforms needed for the World Trade Organization
We reiterate the importance of an orderly transition from LIBOR to alternative reference rates before the end of 2021 LINK
Fleming Sunday Update
Fleming: Our military intel contact said the paymaster info matches his info that the RV shotgun start is moving behind the scenes right now, there were overnight QFS system releases last night Sat 21 Nov, there were more orders pushing things out at about 11:30 am EST today Sun 22 Nov; he said that even though the election chaos looks thick, the global start is still underway behind the scenes here, in Iraq, & elsewhere as Mr Fleming’s multiple paymaster & other sources are reporting.
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Courtesy of Dinar Guru
Jeff Iraq can only change their rate over a weekend. Not on weekdays. Iraq will only change their rate on what is their Sunday morning. I'm not saying this Sunday morning I'm saying on a random Sunday morning...
Jeff Article: "The government intends to "peek" parliament...Alternative solution to "rejecting internal borrowing" in the 2021 budget: resorting to citizens' money!" ...a very good article...I keep trying to tell you guys they've got to have the rate changed before they can really even start the approval and creation process of that '21 budget...this has 21 budget post rate change written all over it...
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Sunday Night X22 Reports
The [CB] Players Are Now Exposing Themselves, Economic Swamp Exposed Ep. 2335a
The [CB]/[DS] are moving forward with their great reset plan, the MSM is trying to make it seem like this is another crazy conspiracy. But what this has done it has made it very easy to see who is part of the [CB] establishment. The enemy is now exposing themselves.
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The Kraken Is About To Be Released, No Escape, It’s Going To Be Biblical – Ep. 2335b
The [DS]/[MSM] are now trapped in their own [e] agenda. There is now way out of it. The case that SP and RG are building is going to bring down their entire system. SP is about to release the kraken and this will show wide spread fraud and that [e] officials knowingly went along with it, this includes Gov, Politicians, MSM etc. The courts and judges are now being put into place. This is not a coincidence. The [DS]/[CB] days are numbered, it’s going to be biblical.
https://x22report.com/the-kraken-is-about-to-be-released-no-escape-its-going-to-be-biblical-ep-2335/
Why Are They Talking About Student Loans? Maybe The Half Trillion In Losses Owed By US Taxpayers
Silver Report Uncut: Nov 22, 2020
The student loan bubble really began to inflate after the great recession brought down the banks big money makers which was the US housing market.
At the time they were faced with customers with dropping credit scores and an unknown number of losses not yet realized so they were cutting credit.
The thing is banks make their fortune off of debt and when the going gets tough focus on government backed student loans. The key subject would be government backed because that seems to be up for debate at this point as they seem poised to renege on their promise to backstop these loans.
The other factor is people have stopped paying on their loans and as many as 40% of student loans are to subprime borrowers where as during the great recession it was up around 20% of mortgages were for subprime borrowers.
Long story short the bubble is popping and these loans are a sham and there's close to half a trillion dollars in unrealized losses held by US Taxpayers.