TNT, Pimpy, Bix Weir and more Thursday Afternoon 6-18-2020
TNT:
Thursday UPDATE for June 18, 2020
A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date.
Al-Kadhimi broadcast on Iraqi TV stating that a surprise is coming to the citizens in an effort to calm them.
The citizens are mad about the decrease in their payments.
Yada: “The citizens are mad about the decrease in their payments” indicates to me that the adjustment to their salaries has been applied and receiving increased spending
Cutebwoy: Note decrease in citizen payments equal RV leading to more value in thier pockets LOLLL
RVAlready: When your treasury is down to one day’s operating budget, it is time to do that RV. A no brainer if I ever saw one.
KTFA:
Samson: Video: Anger as Iraq announces Pension Cuts
18th June, 2020
Iraq is facing its worst economic crisis since 2003, worsened by the global drop in oil prices and the coronavirus pandemic.
Mustafa al-Kadhimi's government led by has proposed austerity measures, including capping the amount and number of state salaries and pensions people can receive.
Many people rely on pensions and reparations from the government.
Al Jazeera's Simona Foltyn reports from Baghdad, Iraq: VIDEO IN ENGLISH LINK
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Samson: Al-Khalidi calls for the trial of Abdul-Mahdi for his silence on corruption and calls Al-Kazemi to implement his promises of economic reform
18th June, 2020
Today, Thursday, the head of the Bairaq Al-Khair bloc, Muhammad Al-Khaldi, demanded the trial of dismissed Prime Minister Adel Abdul-Mahdi for his silence on corruption and the killing of demonstrators, while he called on the current Prime Minister Mustafa Al-Kazemi to implement his promises of economic reform.
Al-Khaldi told Al-Akhbariya that “Al-Kazemi’s government does not differ from its predecessors by quotas and division of positions,” pointing out that “Al-Kazemi promised us to implement ten points, most notably economic reform.”
He added that "cutting the salaries of the retirees and returning them was a bad point for Al-Kazemi," noting that "the Al-Kazemi government will not succeed because of its acquiescence in political forces."
Al-Khalidi stressed "the necessity for Al-Kazimi to work with the courts and collect clear evidence in preparation for the trial of Abdel-Mahdi for his silence on corruption in his capacity as the former prime minister, and also to train him on charges of issuing orders or turning a blind eye to killing protesters as the commander-in-chief of the then-armed forces." LINK
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Courtesy of Dinar Guru
Footforward [Just curious as far what it will be worth after RV, will one Dinar be equivalent to one US Dollar?...] we may not know the exact rate until after the actual revaluation happens. My opinion is over $3 to the USD. But that's my opinion...
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Iraqi Dinar News 06/18/20 - This is terrible
Pimpy’s Investment Chat: Jun 18, 2020
ALERT! Silver is Ready to BLOW SKY HIGH!! (Bix Weir)
RoadToRoota: Jun 18, 2020
What is the Governments around the world figure out that the amount of physical silver left in the world is VERY LOW?
How will they make their Smart Bombs?
How will they supply their industry with the raw materials for the High Tech Future?
At 95-1 Silver/Gold Ratio NOW IS THE TIME TO BUY!!