News, Rumors and Opinions Wednesday Morning 8-26-2020

 TNT:

Tishwash:  Khazemi: The challenges are great and we have an opportunity to take the country to the right path

Prime Minister Mustafa Al-Kazemi affirmed, on Wednesday, that the challenges facing the government are great and that we can take the country to the right path.

Al-Kazemi said during the cabinet session that “removing Iraq from the policy of axes is the approach that the current government is taking, and it is in the interest of our people.”

He explained that “balance and moderation and dependence on strengthening cooperation, especially in economic relations to ensure the interest of Iraq is what we seek in our relations with countries.”

Al-Kazemi stressed that “the ministers should meet with their counterparts in Egypt and Jordan, to strengthen inter-cooperation,” noting that “the challenges are great, and we must succeed, and we have the opportunity to move the country on the right path.”   link

Courtesy of Dinar Guru

Frank26   Kazimi came back to Iraq to a hornet's nest...he found out that there were millions of dollars that were stolen from the CBI auction while he was gone.  He found out who did it and arrested hundreds and hundreds of people from the government...IMO you are about to see, maybe because of orders that were given to Kazemi, parliament dissolved...IMO Kazemi has come back with some powerful orders...Kazemi has to clean up and that's what he's doing...a change in the guard is coming in the Middle East and in Iraq...

Petra   ...nothing starts until that rate changes.  All these plans/projects with the IMF, with the World Bank, with the Arab Monetary Fund, with the United States Treasury, with the Fab 4, nothing starts until that rate changes.  So right now it's all talk.  We need to see them act...they're meeting with all the right people so that's great progress...they're not discussing peanut butter and jelly sandwiches.  They're talking about the future and a rate and programs and those 11 billion dollars in contracts that Kazemi signed over here has got to have performance clauses in it - ie timing.  And a rate.  The rate has got to be there.  It's got to be at an equitable rate...Obviously a lot has gone on behind the scenes that we were not aware of because they've kept it quite.  I'm sure there's a lot more stuff we're going to learn about in the next few days that we have no idea that happened...

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Vietnam Dong News 08/25/20 (is a rate change coming)

Pimpy’s Investment Chat:  Aug 25, 2020

https://youtu.be/Ix-8C912Z3E?t=5

Keiser Report | Bankers Will Protest in the Streets | Summer Solutions | E1584

Aug 25, 2020

In this episode of Keiser Report’s annual Summer Solutions series, Max and Stacy chat to Simon Dixon of bnktothefuture.com about his prediction that bankers could soon riot in the streets if central banks allow them to go bust, or if governments deny them a bailout.

In the meantime, money is being destroyed as businesses collapse, that is causing central bankers to print faster which, in turn, is undermining the stability of the economic system and also creating a class of cantillionaires presiding over the debt ruin they created.

 Once it falls apart, however, Simon Dixon sees the central banks will start offering retail banking direct to consumers through technology.

They also discuss a monetary renegotiation as the global fiat system struggles to recover from all the future production brought forward in the form of massive debts suffocating current economic activity.

https://youtu.be/9z1bobi4zoA?t=1