TNT, Max Keiser, PIR and more Tuesday Morning 1-28-2020
TNT:
Tishwash: I just think this is interesting timing to release an article like this
There is no solution for the falling currencies - Hussein Ali Ghaleb
When Saddam Hussein did his invasion of Kuwait, the Iraqi dinar was subjected to a violent tremor and collapsed to the bottom until it reached three thousand dinars for a short period at the beginning of the economic siege imposed on it internationally, after which it staggered on a day of rise and a day of decline, but it is not as it was in its previous era, everyone remembers that The Iraqi dinar was equal to three dollars.
In the event of a currency collapse, everyone will resort to strong foreign currencies on the head, of course, “the US dollar”, which is waived from its local currency. The local currency remains available for use as a means of payment for simple matters, while the rest of the financial transactions are done in the foreign currency.
The history of criticism does not mention encouraging stories about currencies that were destroyed and returned again only rarely. I mention the story of the Turkish currency, which was a million, and the government, for more than twenty years, breathed into it and canceled the zeros in it, yet we all learned in the past years until these Great efforts "did not bear fruit" and the Turkish lira lost much of its value.
The solution is simply that we resort to the strong, the European single currency (the euro), and we find it used as an official currency in most of the European Union countries, not all of them, as it is the official currency of countries dreaming of joining the union as (Andorra) and (Kosovo) and (Montenegro), and there Countries are currently considering canceling their currency and using the euro as their official currency in preparation for future entry into the European Union as Georgia, Armenia, Ukraine and Belarus.
As for the US dollar, it is the official currency of two countries in Latin America, namely (Ecuador) and (El Salvador). These countries have gone through severe economic crises and then decided to resort to dealing with the US dollar, which brought them countless investments. The Organization of Eastern Caribbean States decided to adopt Its own currency, and these countries are the smallest in the world as an area and population as well, and its currency is called (East Caribbean dollar). link
Courtesy of Dinar Guru
Frank26: ...It's my strong opinion that Trump is now taking complete control...
MilitiaMan: The End of Month is coming soon and they have reporting to do. If they have a significant rate change above a program rate they'll need to announce it ahead of time or real close, as this time it wont be based off a program rate...
Breitling : ...Let's talk about the information that comes from the CBI - the chart where you see it [the note count] coming down...I don't have access to the CBI but I do have friends that have access to the CBI. Basically their answer was until the CBI corrects that and puts out a statement that's what you live by...what you can count on is the rate is correct. And also when they say they are reducing the note count, they've always reduced the note count. Until the CBI corrects it follow the trend. They've never not followed through on what the trend was...they're reducing the note count. That's it...has the CBI come out and said they've made a huge mistake...no they have not...the overall trend is they are reducing the note count...Iraq's going to revalue their currency...
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Keiser Report: QE 4Ever (E1494)
Jan 28, 2020
In this episode of Keiser Report, Max and Stacy survey the wreckage caused in no small part due to the 199 billionaires who met in Davos the previous week.
They ask how is it that the world’s 2,153 billionaires have more wealth than 4.6 billion humans combined.
They examine the unfolding disaster at Boeing as the company begs for ten billions in loans after the former engineering powerhouse was turned into a wealth extraction financial instrument which led to death of innocent passengers and destruction of untold capital and future economic growth.
In the second half, Max interviews Mark Yusko of Morgan Creek Capital about QE Forever, too much debt and no demand, buybacks as stealth QE, and how the market has become the economy.
Patriot Intel Report
PIR 01-28-20
I still believe the Corona Virus is a “Black Swan Event” that could lead to big changes in the Global Financial System.
Today at noon est…President Trump will release the new “Middle East Peace Plan”