Dinar Recaps

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TNT, Frank26, Pimpy and more Thursday Morning 8-27-2020

TNT:

Tishwash:   AL-FATEH: AL-KAZEMI PLEDGED TO IMPOSE SECURITY AND STABILITY AND END ALL CHAOS

Al-Fateh Alliance revealed, on Thursday, the most prominent files discussed in the meeting of leaders of political blocs with Prime Minister Mustafa Al-Kazemi, while Al-Kazemi pledged to take the necessary measures to impose security and stability and end the manifestations of chaos.

The head of the Al-Fateh Parliamentary Bloc, Muhammad al-Ghabban, said, according to official media, that "the leaders of the political forces discussed with Prime Minister Mustafa Al-Kazemi what is happening and escalation in the southern provinces."

He added, "The leaders of the blocs stressed the importance of imposing security and stability and not allowing saboteurs to tamper with the security of the country, and that the task of restoring the prestige of the state and the rule of law is one of the most important responsibilities of the Al-Kazemi government, which is expected to create a safe and secure environment for early elections next June."

He pointed out that "the prime minister pledged during the meeting to take all necessary measures to impose security and stability, end the manifestations of chaos and encroachment on public and private property, and issue clear directives to the security services to impose the rule of law and arrest those who break it."  link

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Courtesy of Dinar Guru

Frank26  ...the biggest thing that came out of this meeting [The Washington Meeting], actually is two things.  1.  A commitment from Kazemi to Donald Trump that Iraq will de-dollarize and  2. The acceptance that they are going to announce that they have a change in their exchange rate.  That they have added value to their currency.  That's the only reason why you see Donald Trump give all these contracts to Kazemi.  Why didn't they hand them out beforeThe week before?  The month before?  The year beforeThey didn't qualify for it.  The "white papers" have been all checked off.  Every benchmark on those "white papers" is done.  Now the question is Kazemi...Are you ready to make the announcement of everything that is in those "white papers"? ...we do not have the authority to tell them to raise the value of their currency.  Their bank.  Their government.  Their Prime Minister.  Their Leaders.  They're the ones that make that decision.

Bruce   [via WiserNow]   ...Guys, this is it – we are close...I’ll tell you from some bank sources that we like very very much – they’re looking at...us...to get started as early as tomorrow – (Wednesday)... There are other people that are looking very hard at Thursday - for us to get started...I am going to say right now from Wednesday to Friday is prime time – That is really looking good...Could it slip to Saturday? It is possible yes...but I believe it is to start this week...I think everything is pointing towards it – and I’m just giving you what I’ve got...and that is looking very strong for Wednesday – Thursday – or Friday of this week...

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Live with Lillian McDermott- Nesara/Gesara

Pimpy’s Investment Chat:  Aug 26, 2020

https://youtu.be/L_lVHUpQ_vo?t=5

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Dumping Properties In Miami As Mass Exodus Leaves Load Of Supply, Air Travel Continues It's Collapse

Aug 26, 2020

There is a ton of condo supply in Miami as the mass exodus continues to take wealthy buyers out of the Cities.

Miami is dealing with a vacancy problem there's a lot of new apartments and condos it were recently finished and according to Industry experts soon we could see them fighting over scraps and cutting some big deals to win the buyers.

A lot of people compare what they're experiencing in Miami's property market as reminiscent of 2007. We see nationally home prices have been cooling off and the entire nation is led lower by States like Florida which have seen their tourist dollars just evaporate over this summer.

The National Association of Realtors frequently discusses this lack of supply when anything ever goes wrong in the housing market.

They point to supply claiming that there's not enough houses but for many of the nation's hottest property markets that's no longer going to be the case has people pack up and move just about as fast as they can it's leaving behind waves of vacancies that are sure to put negative pressures on real estate prices.

We also see there was another big announcement from American Airlines they said their plan so far is to cut 19,000 more jobs on October 1st the day when they're moratorium on firing staff comes to an end.

Now that would also mean since March American Airlines would have cut approximately 30% of their staff the problem is they were anticipating this big V shaped rebound but travel demand is falling once again and now many of them a warning they're just not going to survive without more handout programs.

 It really seemed like a letter to gain political support to have their bailout pushed through Congress so they could be embellishing a little bit about their condition the squeaky wheel gets the bailout Grease.

https://youtu.be/6G1M_RRdqwU?t=5

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