News, Rumors and Opinions Sunday Morning 10-2-2022
KTFA:
DoTalk2Me: Well, here we are in the 4th quarter. Not a surprise!
Ryan1216: It really isn't sadly! October 10th will make a year since elections and we still don't have a newly seated GOI. What happened to the 2022 budget? Now they're talking about the 2023 budget. Not to sound negative. All IMO.
Jeffrey: You want security and stability then change your rate and everybody will be happy. It doesn't happen because the cbi is as corrupt as every other middle eastern politician, imo.
DoTalk2Me: According to captain obvious: Hot off the press..
If they would just give the citizens purchasing power by raising the value of their currency. Iran & Iraq would no longer have anything to fight about. Iraq would be happy. Iran couldn't steal anymore. Things could go back to a dull roar where they just throw slippers at each other again.
But on the hand the world is overpopulated, so knock yourselves out.
You seem to be more interested in killing one another, over being prosperous.
I know the Iraq/ Iran issue is a little more complex. But re: seating your government... give me a break
The WHOLE world is ready.
Samson: More than 200 thousand barrels per day .. Iraq's oil exports to America rise within a week
2nd October, 2022
On Sunday, the US Energy Information Administration announced that Iraq's oil exports to America increased by more than 200,000 barrels per day during the past week
The administration said in a report that "the average US imports of crude oil during the past week from eight countries amounted to 5.610 million barrels per day, down by 455,000 barrels per day from the previous week, which amounted to 6.065 million barrels per day
She added that Iraq's oil exports to America amounted to an average of 202 thousand barrels per day last week, higher than the previous week, when oil exports to America reached an average of 120 thousand barrels per day.
She pointed out that "most of America's oil revenues during the past week came from Canada, at a rate of 3.755 million barrels per day, followed by Mexico at a rate of 598,000 barrels per day, and oil revenues from Saudi Arabia at a rate of 422,000 barrels per day, and then Brazil at a rate of 299 thousand barrels per day
According to the administration, "the amount of US imports of crude oil from Ecuador amounted to an average of 191,000 barrels per day, from Colombia at a rate of 72,000 barrels per day, and from Trinidad and Tobago at a rate of 51 thousand barrels per day, while no quantity was imported from Russia and Nigeria LINK
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Courtesy of Dinar Guru
Frank26 Do you think the world banks love a program rate? Where have hundreds and hundreds of banks from around the world been for all these years...? Well they have not been anywhere near Iraq because there's no profit. But now the leaders of the CBI are telling the world banks, 'guess what we're about to do?'
MarkZ [via PDK] [ I do not understand why Iraq and Vietnam etc…they would pay out so much money to exchange old money? It sounds to good to be true?] These currencies were artificially decreased in value. So the value was there and then it was decreased. Think of it as “restoring” the value that should be there.
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The End of the Gold Standard Fifty Years of Monetary Insanity
The Nomad Economist: Premiered 18 hours ago
What if the Petro Dollar collapses?
China’s About To Unleash Hell On The Dollar
Sean Foo: 10-2-2022
China's had enough and they are coordinating a huge dollar dump to defend the Chinese Yuan.
Because of the Fed rate hikes, the Yuan has been cratering, making China's imports more expensive and threatening to spike inflation higher. This could collapse the Chinese markets and now China is taking massive action by orchestrating a massive sell-off of US dollars.
However, this could easily spill over into the US debt market and trigger a bond crisis for the United States. Here's what you must know!