Ukraine Crises Acceleratees Economic Polarization- BRICS as a Model
.KTFA:
Samson: Ukraine crisis accelerates economic polarization... BRICS is a model
28th August, 2022
The international community is in a state of anticipation and waiting for the outcomes of the important developments it is witnessing, especially in the post-"Korna pandemic" and "Ukrainian crisis" phases.
An impression has been established since the outbreak of the Covid-19 virus less than three years ago that the conditions of this pandemic will generate a new phase in relations between countries and peoples, but as soon as the Ukrainian crisis erupted, six months ago, international interest in the pandemic declined. The question has become when and how will the Ukrainian crisis end, not when we will witness the end of the Corona pandemic?
Most experts talk about a new world order that will be born after many struggles experienced by the international community, whether in the economy, politics or security, each in his field of interest, but they point out that we are heading towards a new world order in which the rules of coexistence and relations will be different, whether they were in most decades of the millennium the second or in the first and second decades of the third millennium.
KTFA:
Samson: Ukraine crisis accelerates economic polarization... BRICS is a model
28th August, 2022
The international community is in a state of anticipation and waiting for the outcomes of the important developments it is witnessing, especially in the post-"Korna pandemic" and "Ukrainian crisis" phases.
An impression has been established since the outbreak of the Covid-19 virus less than three years ago that the conditions of this pandemic will generate a new phase in relations between countries and peoples, but as soon as the Ukrainian crisis erupted, six months ago, international interest in the pandemic declined. The question has become when and how will the Ukrainian crisis end, not when we will witness the end of the Corona pandemic?
Most experts talk about a new world order that will be born after many struggles experienced by the international community, whether in the economy, politics or security, each in his field of interest, but they point out that we are heading towards a new world order in which the rules of coexistence and relations will be different, whether they were in most decades of the millennium the second or in the first and second decades of the third millennium.
Much has been written about the political dimensions of this system, but it is useful to focus on the economic frameworks, which are the focus of attention of many countries, especially the countries of the “third” world. These political dimensions may constitute the new foundations on which the new world order is based, which is trying to build new bases of economic, political and security relations. We are talking about the Shanghai Economic Cooperation Organization; About the BRICS group; For the Association of Southeast Asian Nations “ASEAN” and others.
Perhaps the “BRICS” group constitutes the most promising framework that makes many mouth-watering countries under the domination of the dollar, the International Monetary Fund, economic sanctions, monopoly on science and technology, human ignorance and human arrogance.
“BRICS” is an abbreviation of the Latin BRICS initials that make up the names of the countries with the fastest economic growth in the world, namely; Brazil, Russia, India, China and South Africa. The first BRICS leaders' meeting was held in July 2008 on the Japanese island of Hokkaido, where the G8 Summit met.
The BRICS summit was attended by Russian President Vladimir Putin, Chinese President Hu Jintao, Indian Prime Minister Manmohan Singh and Brazilian President Lula da Silva.
The heads of these countries agreed to continue coordination in the most immediate global economic issues, including cooperation in the financial field and solving the food issue.. In 2009, the first summit between the heads of the four founding countries was held in Yekaterinburg, the fourth city of Russia, during which the announcement of the establishment of a “bipolar world order”. As soon as the country of South Africa joined the group in 2010, it became called "BRICS" instead of "BRIC" previously.
The area of these countries constitutes a quarter of the land area, and their population is approximately 40% of the Earth's population.
By the year 2050, the economies of these countries are expected to compete with the economies of the richest countries in the world, and it is expected that these countries will form an alliance or a political club among themselves in the future.
This group has economic priorities.
Therefore, at the summit held in Russia in 2015, it discussed the BRICS payment system, where ministers and experts from the countries of the group began to discuss the alternative payment system to the “SWIFT” system controlled by the United States; To the development of payment systems and transfers in national currencies.
This strategy is, in fact, trying to stand up to the dominance of the dollar in international financial settlements in the interest of “a multilateral and multinational payment system that would provide greater independence.”
The BRICS countries are not included in a political alliance, but they coordinate with each other to influence basic trade agreements. They have the ability to form a strong economic bloc outside the framework of the Group of Seven (G7), because the BRICS countries are more developed in the economic field globally.
And this matter is supported by a number of strengths, including Brazil, the giant of Latin America, which is one of the most supplier countries of raw materials, Russia, the global exporter of potential energy and gas, and India, which exports information technology, while China has an advanced and developed production and demographic position, and finally South Africa, which is an important mining region globally. It has a very important global strategic position by overseeing the Indian Ocean and the Atlantic Ocean together, and these are, in short, the most prominent pillars of the “BRICS” countries.
The United States is considered one of the main opponents of this group and calls it a group of “corrupt countries”, but most economic analysts believe that this group, which was formed far from European countries and the United States, can constitute a very big challenge to the current world order.
At the last meeting of this group, which was held in China, Algeria was invited; Egypt; Indonesia; Kyrgyzstan; Senegal; Uzbekistan; Cambodia; Ethiopia; Fiji; Malaysia and Thailand while Pakistan failed to attend due to opposition from India. Iran has applied to join this group.
There is a belief that the Ukrainian crisis will push this group to speed up the economic coordination process due to its diversified economic and human potential in light of the economic problems that the economies of the entire world suffer from, especially Europe and America.
In short, our current world is being reshaped, and the post-Ukrainian crisis is not the same as it was before it. The economic component will be a determining element for the new world order that will be born on the ruins of unipolarity. LINK
Bluwolf "The Times of Victory are Approaching Now" 8-28-2022
.Recaps note: This was sent to us from a third party, not directly from Bluwolf.
Just in from Bluwolf
Attention everyone … well this blessing is about to begin.
Be prepared with documents in hand. All changes will be made by HSBC or WF. You need two forms of ID with photos, two forms that identify your residence, birth certificate. Need an area code of the state y'all want to switch to.
As I told you earlier, we are almost ready to receive this blessing, according to the Pentagon, we are minute by minute in this aiming to receive the 800 at any moment.
Getting the arks of change ready for Monday to Tuesday of this week. Others are also informing them the same thing I had already warned them and that's confirmation.
Recaps note: This was sent to us from a third party, not directly from Bluwolf.
Just in from Bluwolf
Attention everyone … well this blessing is about to begin.
Be prepared with documents in hand. All changes will be made by HSBC or WF. You need two forms of ID with photos, two forms that identify your residence, birth certificate. Need an area code of the state y'all want to switch to.
As I told you earlier, we are almost ready to receive this blessing, according to the Pentagon, we are minute by minute in this aiming to receive the 800 at any moment.
Getting the arks of change ready for Monday to Tuesday of this week. Others are also informing them the same thing I had already warned them and that's confirmation.
Now don't fill my phone with calls because they are already on alert, I just ask you to pray that there is no attempt to obstruct any. The rats will be high and comfortable and I understand Zimbabwe will be changed like this without any zeros elimination. I understand it will be based on 1-1 USTN.
Reno already has his money in his coffers, the codes are activated, just a sequence is missing that would start everything. EVERYTHING = PP, PRIVATE PLACEMENTS, GCR, SAINT GERMAIN TRUST (everything that is going to emerge comes out of this trust period. )WHICH TOOK OVER 400 YEARS TO BE DISTRIBUTED, THE GCR<, THE RV OF ALL 209 COUNTRIES.
History may forget me or Bruce, Cap, Okie, Studley, Stewart, James Mendez, even Terry K, but you know they just like me never sold them dreams and never lost faith to this GOD'S BLESSING to this human Age.
The times of victory are approaching now I just recommend you to be with a little box prepared in a corner of your room to start your business trip.
Be blessed and stay alert. But that if you are prudent and do not despair because that is not what God expects of you. And as a spiritual being I can assure you that if they despair, then criticize, then doubt and that only interrupts the arrival of this blessing, you are either the wick of light or you are the wick of destruction. Which one are you.
Bluwolf
"Tidbits From TNT" Sunday 8-28-2022
.TNT:
CandyKisses: Al-Sadr's Minister presents his vision for the new Iraq
The so-called "Minister of the Leader" who is close to the leader of the Sadrist movement Muqtada al-Sadr presented on Sunday his leader's vision about the new shape of Iraq.
“Come to a new #Iraq in which there is no subordination, no militias, no occupation, no terrorism, no corruption, no drugs, no loose weapons, and no tested parties,” the Minister of Commander said in a post on social media.
There is no tempter to be tried in it, no deep state in it, no sectarianism in it, no quotas in it, no crime in it, no violence, fighting in it, no clinging to power, no epidemic, no poverty, no unemployment, no high prices There is no smuggling in it, nor dryness in it, nor indecency in it.”
He added, "There is a law that is enforced, brotherhood prevails, the citizen is honored, minorities are honored, an impartial judiciary, balanced relations with the outside, peace prevails, an army that protects, a people serve, a government that serves, loyalty to the homeland, and in it Clans fraternize, in which boundaries are preserved, in which dignity is not humiliated, in which women are protected
TNT:
CandyKisses: Al-Sadr's Minister presents his vision for the new Iraq
The so-called "Minister of the Leader" who is close to the leader of the Sadrist movement Muqtada al-Sadr presented on Sunday his leader's vision about the new shape of Iraq.
“Come to a new #Iraq in which there is no subordination, no militias, no occupation, no terrorism, no corruption, no drugs, no loose weapons, and no tested parties,” the Minister of Commander said in a post on social media.
There is no tempter to be tried in it, no deep state in it, no sectarianism in it, no quotas in it, no crime in it, no violence, fighting in it, no clinging to power, no epidemic, no poverty, no unemployment, no high prices There is no smuggling in it, nor dryness in it, nor indecency in it.”
He added, "There is a law that is enforced, brotherhood prevails, the citizen is honored, minorities are honored, an impartial judiciary, balanced relations with the outside, peace prevails, an army that protects, a people serve, a government that serves, loyalty to the homeland, and in it Clans fraternize, in which boundaries are preserved, in which dignity is not humiliated, in which women are protected
In which youth are helped and helped, in which religions are respected, in which beliefs are accepted, in which ideas are formulated, in which agriculture and industry flourish, in which construction continues, in which the currency and economy are stronger, and in which the budget is established. And in it obedience to God is loved, and in it disobedience to God is rejected, and in it loyalty to the homeland is required.”
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Tishwash: An Iraqi bank begins providing its banking services and solutions in the Saudi market
The National Bank of Iraq, affiliated with the Capital Bank Group, announced, on Sunday, the start of providing its banking and financial services in the Saudi market, after completing all procedures related to licensing the opening of its first branch in Riyadh and the start of its banking business in the Saudi market. This step comes Within the framework of the expansion strategy of the group, which is currently operating in Jordan, Iraq, Saudi Arabia and the UAE.
The bank said in a statement received by "The Information", a copy of it, that "the Iraqi National Bank, which obtained the approval of the Saudi Council of Ministers and the Saudi and Iraqi Central Bank to open a branch in Iraq, aims to encourage and facilitate trade between Iraq and Saudi Arabia in light of the increasing growth of exports between the two countries, as it will allow The presence of this branch is an opportunity for the bank to expand the scope of the service provided to its clients from the corporate sector located in Jordan, Iraq, the UAE and Saudi Arabia, by providing commercial services to them directly.”
He added, "This step also aims to help Iraqi companies find opportunities to work with their counterpart companies inside and outside the Kingdom of Saudi Arabia by providing financing and facilities that meet their needs and aspirations."
The Managing Director of the National Bank of Iraq, Ayman Abu Dhaim, confirmed that "the bank's conduct of its business in Saudi Arabia will contribute to increasing the volume of trade exchanges between Iraq and Saudi Arabia by building a network of banking relations with major institutions and companies operating in various economic sectors in the Kingdom of Saudi Arabia, which is expected to achieve more." of progress and growth based on its Vision 2030.”
In turn, the CEO of the National Bank of Iraq / Saudi Branch, Zaid Abunayan, said, "The National Bank of Iraq, by providing all banking services and various banking facilities, will be able to cover the untapped sectors in the Saudi trade market, and the bank will have the opportunity to increase its market share in total commercial transactions. between Saudi Arabia and Iraq by providing services to strategic corporate clients and facilitating their commercial transactions.”
Abunayan added that "the National Bank of Iraq has started providing its banking services in the Saudi market, as bank accounts have been opened for a number of Saudi companies, which allows them to benefit from an integrated set of banking services provided by the Iraqi National Bank to its corporate clients, including receiving remittances. and documentary credits from Iraq, smoothly and quickly. ink
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CandyKisses: Iraq Increases Currency and Gold Reserves
The Central Bank of Iraq (CBI) reportedly expects cash reserves to reach $90 billion by the end of this year, up from about $80 billion currently.
CBI Deputy Governor, Ammar Khalaf, told the Iraqi News Agency (INA) that the increase is a result of higher oil prices.
He added that gold reserves have increased by about 30 tons, to more than 131 tons.
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Tishwash: Report: Iraq is a "runaway train" and its democracy is being tested
The American newspaper, "The Christian Science Monitor" quoted experts and analysts as saying that the emerging democracy in Iraq is being tested in light of the political crises it is currently witnessing, but the state is extremely weak and has not collapsed, as it is like a "loose train" without a leader.
The American newspaper considered that the current political crisis reveals the fragility of the country in the face of the whims of one disaffected and unelected player like Muqtada al-Sadr.
He reviewed the American report, which was translated by Shafak News Agency; The developments of the recent Iraqi events, since the results of the elections and attempts to form a government and the clash between the Sadrist movement and the forces of the coordination framework, then the resignation of the Sadrist parliament, the attack on the parliament building, sit-ins, and an attempt to storm the judiciary headquarters in the Green Zone.
The report quoted a political analyst and a former government official, who asked not to be named, that "what we are witnessing now is that the emerging democratic institutions in Iraq are being tested, in their limits and their ability to withstand these shocks."
And after the same source indicated that al-Sadr "does not like to play by the rules," he clarified that "our parliament does not exist because the Sadrists obstruct it, and our judiciary decided to close because of the Sadrists' attempt to break in, and we have an interim transitional government whose mandate in the executive authority has expired."
"The three branches of the government are either paralyzed or they lack any authority at all," the analyst explained. This is the weakest that a country can reach without collapsing. We are in uncharted territory."
The report considered; The institutional controls succeeded to some degree, to prevent al-Sadr from completely dismantling the fledgling democracy in Iraq, as the regime served as a political adhesive to the various sectarian branches existing in Iraq, despite the spread of corruption, apparent dysfunction and long periods of stagnation.
The report quoted a researcher at the American "Atlantic Council" Institute, Abbas Kazem, as saying that there was a "lack of strategy" in al-Sadr's decision to withdraw his deputies from parliament, adding that putting pressure on the judiciary as a way to reach new elections constitutes a "lost battle for them." The judiciary cannot legally dissolve Parliament.
Kazem explained that the Sadrists "handed over their seats to their rivals, and completely eliminated themselves from any political participation in the government, and if they had relied on any of the advisors, they would have told them: You are committing suicide politically."
Kazem continued, "Now that they are out, they want to return," adding that "there is no political bloc that can afford to stay outside the government for 3 and a half or 4 years. They have turned Iraq into a lonely train at the present time, and it is without a parliament and no judicial authority, And there is a caretaker government that has cut off the powers to a large extent.”
The report drew; He pointed out that the current protests differ from the popular demonstrations that took place in 2019, as the current power game is being played by following al-Sadr in the street, adding that it is unclear whether the new elections, which will take at least a year to organize, require new funding, It will be sufficient to fulfill the expectations that al-Sadr put forward among his supporters about the "revolution".
Hamza Haddad, a researcher at the European Council on Foreign Relations, explained that what al-Sadr did was to go to the Green Zone and occupy Parliament, recalling that al-Sadr blazed such a paper for the first time in 2016, after his supporters stormed parliament and imposed a broad cabinet reshuffle that some ministers entered technocrats in.
Despite this, the demand for organizing new elections, even if they are achieved, raises concerns about Iraqi democracy.
The report quoted an analyst in Baghdad as saying, "It is one of the system's flaws... Yes, we hold elections and we have someone to represent us in parliament, but what is the use of that as long as they receive their orders from the leaders of their political parties?"
Haddad said that "the issue will be the promotion of democracy in Iraq, which will progress in the long run," adding that "the early elections can be a major obstacle, and in the eyes of the people, it lacks legitimacy. link
KaseyKo1: Jenin Plasschaert, part of the UN envoy, "is seeking to enable the coordination framework and the Sadrist movement to hold a national meeting to reach a solution, noting at the same time the need for the two parties to "make mutual concessions." She believes this will bear fruit in the near future, explaining that the political parties are waiting for the end of the Arbaeen visit ceremony.
KaseyKo1 Well, we'll see what happens soon enough with Sadr stating he is ready, within a maximum period of (72) hours, to sign an agreement.
Speedy: UN Envoy pushing meeting between the Framework and Sadr, Sadr already said He won’t do it !!! Some of theses people are retarded.
NetGlobal: I think without the UN intervention, Iraq is headed for a civil war and soon. I think Sadr recognizes that the court is owned by Makili and they won’t decide to dissolve parliament so Sadr is resigned to a civil war.
Speedy: You can’t negotiate with evil !!!
KaseyKo1: Hang on, here we go! Al-Maliki's coalition responds to "Minister Al-Sadr": a condition that cannot be implemented
KaseyKo1: Sadr's latest tweet. It's a doozy. He's wanting a signed agreement from the various coalition parties (basically Maliki's allies) stating they will not participate in the elections, etc. To be done within 72 hrs.
KaseyKo1: Maliki's people are refusing to sign this. The UN is just needing to go ahead & jump in & deal with this issue themselves. I'm not seeing how Iraq's going to be able to accomplish any change on their own at this point. They are so not wanting to do any comprising with each other.
CharlieOK: Kasey: That has been the problem all along. Too many tribal/religious divisions for centuries. The unity thing for Iraq is a joke. What is even more maddening is that you then have to throw a foreign country in the mix (Iran) to understand what is going on.
Speedy: Other than all this drama with the Govt. Of Iraq, everything else We are looking at points to an RV soon in my opinion.
RVAlready: The corrupt are going to have to back down. Otherwise, what will happen in Iraq will resemble the French Revolution.
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Mot: ... Yeppers! - Strong Awareness into that Marital Thingy! ~~~
Mot: . More insight into that Marital Thingy! - Bee Careful out there Guys! ~
News, Rumors and Opinions Sunday Morning 8-28-2022
.KTFA:
Samson: Newspaper: Sanctions Against Russia Were Not As Effective As The West Expected
27th August, 2022
The Economist newspaper confirmed that Western sanctions against Moscow were not as effective as expected, noting that Russia will achieve the second trade surplus in the world after China this year, despite the sanctions
An analytical article for the newspaper stated, "It is worrying that the sanctions war so far is not going as well as expected
The newspaper pointed to the sanctions against thousands of Russian companies and individuals, the freezing of half of Russia's foreign exchange reserves, the cutting off of most banks from the global financial system, the restrictions on importing oil from Russia and Russia's purchase of some important materials such as electronic chips
KTFA:
Samson: Newspaper: Sanctions Against Russia Were Not As Effective As The West Expected
27th August, 2022
The Economist newspaper confirmed that Western sanctions against Moscow were not as effective as expected, noting that Russia will achieve the second trade surplus in the world after China this year, despite the sanctions
An analytical article for the newspaper stated, "It is worrying that the sanctions war so far is not going as well as expected
The newspaper pointed to the sanctions against thousands of Russian companies and individuals, the freezing of half of Russia's foreign exchange reserves, the cutting off of most banks from the global financial system, the restrictions on importing oil from Russia and Russia's purchase of some important materials such as electronic chips
The newspaper expected that Russia's isolation from Western markets "will cause chaos in Russia within 3-5 years but she points out, however, that the "knockout" has yet to materialize, with Russia's gross domestic product declining by 6% in 2022, well below the 15% expected by many last March.
She added that the export of hydrocarbons generated a surplus in the Russian trade balance of $265 billion this year, making Russia the second largest surplus in the world after China
The Russian financial system has also stabilized after the initial shock, and the country has been able to find new suppliers for some goods, such as China, while Europe may experience a recession due to the energy crisis
The newspaper wrote: “It turns out that the sanctions weapon has its drawbacks. One of them is the time interval. And blocking access to technologies monopolized by the West will take years to have a tangible impact
Although the Western GDP is much more than the Russian one, the newspaper also referred to Russia's role in the global gas market, and that 100 countries, with a GDP of 40% of the world, do not abide by the ban on various Russian exports LINK
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DallasDude: Was hoping the EFSL packed a little bit more punch by now..they are just getting around to full implementation..they should have just called it the FSL,not much E to show thus far..hopefully citizens get their entitlements soon as promised and we see a new rate..I do believe it is the FSL that ultimately brings this to a close,just need some government stability..remember the budget ultimately needs a rate, the rate doesn't need a budget.
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Courtesy of Dinar Guru
Mnt Goat ...the CBI reserves are back at an all-time high, something that I believe they will need to conduct the project to delete the zeros and then to move on to the reinstatement...
Frank26 Article: "A government meeting to complete the project to modernize public financial management systems" ...IF NO MALIKI THEN WE WOULD HAVE A KAZEMI GOVERNMENT...KAZEMI CONTROLLED MALIKI...WE SHARED ER [Economic Reform] & MR [Monetary Reform] WERE IN THE WHITE PAPERS...WE SHARED THE EXCHANGE RATE OF THE MR WOULD BE GIVEN TO THE CITIZENS, BEHOLD!
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TNT:
Tishwash: 50 Billion of Iraq's oil revenues are frozen... What is the reason?
Muhammad Al-Halbousi, Speaker of the Iraqi Parliament, said: "Iraq will face economic crises if the political crisis continues in the country, and the constitutional institutions are disrupted ."
Al-Halbousi stressed, during his participation in the Islamic Conference to Combat Violence against Women, today, that there is an 80 trillion Iraqi dinars (50 billion dollars) financial surplus over the revenues of oil exports for the current year, "frozen and cannot be spent" due to the lack of approval of the 2022 budget.
He added that the financial management law, which will continue to manage the country's financial affairs in case the 2023 budget is not approved, will not allow any additional financial spending, which will put the country in front of major economic crises from 2022.
The Iraqi President, Barham Salih, had confirmed earlier that his country is going through a delicate and sensitive circumstance and serious challenges , considering that the current political stumbling in the completion of the national constitutional benefits after ten months of holding the elections is unacceptable
In a speech during the conference, he stressed the need for reform and addressing the existing deficiencies, leading to radical solutions that would enable the Iraqis to build a real state that protects and serves the interests of all Iraqis.
The deputy in the Iraqi parliament, Ahmed Hama Rashid, said, "The current government is unable to approve the country's budget for this year, because it does not have the powers to legislate laws as approved by the Federal Court," describing Al-Kazemi's talk about the need to approve the budget. more".
He explained in a previous interview with Al-Araby Al-Jadeed that "the 2022 budget is supposed to be approved since the end of last year, but the political impasse in Iraq prevented this link
CRASH ALERT! Prepare For September Chaos NOW! Silver & Cryptos in Possession...NOW!! (Bix Weir)
There is no time left to prepare. The system is failing on every level and the Mother of All Crashes has already been loaded into the computer programs to be triggered on a specific day in the next few months.
Watch for things to go sideways AFTER 9-11...and then get worse!
This is something that humanity has NEVER experienced to nobody knows how it will all go down. Get your silver, gold(if you have to!) & cryptos in your own possession as you will LOSE EVERYTHING ELSE!
Steven Van Metre and Stansberry Research 8-27-2022
.Steven Van Metre: 30 Countries Face Economic Annihilation as their Currencies are on the Brink of Collapse
Steven Van Metre: Aug 26, 2022
Thirty countries are on the brink of economic annihilation as their currencies are on the brink of collapse.
A strong dollar has forced many marginal countries to draw down their reserves and take on debt to borrow reserves, just as the Fed is poised to drive the value of the dollar even higher.
Steven Van Metre: 30 Countries Face Economic Annihilation as their Currencies are on the Brink of Collapse
Steven Van Metre: Aug 26, 2022
Thirty countries are on the brink of economic annihilation as their currencies are on the brink of collapse.
A strong dollar has forced many marginal countries to draw down their reserves and take on debt to borrow reserves, just as the Fed is poised to drive the value of the dollar even higher.
Summer Is Ending... Our Experts Are Forecasting a Big Fall
Stansberry Research: 8-26-2022
We've been having fun with our guests this summer and compiled some interview clips from our Summer Series. Our guests have touched on hot topics such as recession, bitcoin, precious metals, Treasury bonds, and more. Check out the video to learn more.
Weekend News With MarkZ 8-27-2022
.Weekend News with MarkZ 08/27/2022
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Happy Saturday everyone, have a blessed day!!!
Member: Let's hear some great news today! No nothingburgers!
Member: Mark. I am hearing we are extremely close
MZ: I did get a fun late night text from Bob Locke. “ I had 5 calls today after complete silence for weeks”
Weekend News with MarkZ 08/27/2022
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Happy Saturday everyone, have a blessed day!!!
Member: Let's hear some great news today! No nothingburgers!
Member: Mark. I am hearing we are extremely close
MZ: I did get a fun late night text from Bob Locke. “ I had 5 calls today after complete silence for weeks”
MZ: Bob is not the only one experiencing that. My phone has been lit up in anticipation for the next
upcoming days” There is a lot of chatter from 2-3 days from now. This is exciting after how quiet they have kept things as of late. There is finally a lot of chatter again.
MZ: They do not yet have a rate this morning in Iraq. The market spread continues in Iraq as the dinar grows stronger against the US dollar. They are refusing to let dinar go out of their hands. This is a good “tell” sign fo us. The US dollar is now worth less as the Iraqi dinar is worth more.
MZ: My redemption people have not been called in at this point. Bond people are still waiting. All eyes at this point are looking at early this coming week.
Member: What happens when the release the dinar rate?
MZ: That should happen as the same time they release the dong and other currencies. The EBS should be screaming and telling us about all of these changes. Telling us what has been going on in the world…who is good and who is bad. Those kind of things.
MZ: Then we should be able to set an appointment to go in and get our exchanges knocked out. That is the short and simple of it.
Member: I wonder if this is gonna be shot gun start? meaning everyone get paid at same time?? Really hoping this is finally our week.
Member: Thank you MarkZ and crew for all you do for us all!
The CBD Gurus join the stream at the end. Please listen to the replay for all of his information
Mod: LORD PLEASE HEAL THE SICK. BRING FOOD TO THE HUNGRY AND PEACE IN THIS WORLD. IN YOUR NAME I PRAY. AMEN
TY MARK MODS FAMILY CBD GURUS LOVE AND PEACE TO ALL
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
The next stream is Monday at 10Am est……..unless.
"Tidbits From TNT" Saturday 8-27-2022
.TNT:
Tishwash: BI choosing banks, payment actors for disbursing digital rupiah
Later, the millennials can do a (purchase through the) metaverse (platform) from their digital account using digital rupiah.
Jakarta (ANTARA) - Bank Indonesia (BI) is currently in the process of selecting the most reliable banking and payments system players for the task of distributing digital currency or digital rupiah.
At the 16th Bulletin of Monetary Economics and Banking (BMEB) International Conference here on Thursday, BI Governor Perry Warjiyo said that the issuance of digital rupiah as a central bank digital currency (CBDC) and the state’s legal tender has been mandated by the Constitution and the BI’s regulation.
Globally, there are two options that have been implemented by various countries for distributing digital currency.
TNT:
Tishwash: BI choosing banks, payment actors for disbursing digital rupiah
Later, the millennials can do a (purchase through the) metaverse (platform) from their digital account using digital rupiah.
Jakarta (ANTARA) - Bank Indonesia (BI) is currently in the process of selecting the most reliable banking and payments system players for the task of distributing digital currency or digital rupiah.
At the 16th Bulletin of Monetary Economics and Banking (BMEB) International Conference here on Thursday, BI Governor Perry Warjiyo said that the issuance of digital rupiah as a central bank digital currency (CBDC) and the state’s legal tender has been mandated by the Constitution and the BI’s regulation.
Globally, there are two options that have been implemented by various countries for distributing digital currency.
The first one involves the central bank solely focusing on distributing digital currency systemically using the wholesale scheme. Meanwhile, the second option involves giving the mandate to banking and payments system companies to distribute the CBDC through the retail scheme.
The BI Governor said that the bank has decided to distribute the digital rupiah through a retail scheme, meaning the digital currency will be disbursed by BI only to large banks and payments system companies.
Meanwhile, other central banks around the world have tended to choose both schemes, he noted.
"The distribution platform (of the digital rupiah) will use the Distributed Ledger Technic (DLT) blockchain, thus the designated banks will have two accounts, a digital account and a standard account,” he informed.
Hence, only selected banks or payments system companies will receive digital rupiah from BI through their respective DLT blockchain accounts, he added.
Currently, BI is striving to develop the ecosystem for supporting the use of the digital rupiah, including preparing to issue the digital currency, building a digital rupiah platform, as well as selecting distributors.
Thus, in the future, the younger generation will have two accounts at banks and payments system companies—regular accounts and digital accounts, Warjiyo said.
"We will implement it. Later, the millennials can do a (purchase through the) metaverse (platform) from their digital account using digital rupiah," he added. link
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Tishwash: The Speaker of the Iraqi Parliament: We have 80 trillion dinars, a suspended financial surplus
The Speaker of the Iraqi Parliament, Muhammad al-Halbousi, warned of upcoming economic crises that Iraq will face if the political crisis continues in the country and the constitutional institutions are disrupted.
Al-Halbousi and during his participation in a feminist celebration in Baghdad; He stressed that there is an 80 trillion Iraqi dinars (50 billion dollars) financial surplus over the revenues of oil exports for the current year, which are frozen and cannot be spent due to the failure to approve the 2022 budget.
Al-Halbousi added; The Financial Management Law, which will continue to manage the country’s financial affairs in an emergency, in the event that the budget for the year 2023 is not approved, will not allow any additional financial spending, which will put the country in front of major economic crises in the year 2022. link
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Tishwash: Analysts: Dissolving the Iraqi Parliament is an "urgent necessity" to calm the political crisis
raqi analysts considered the dissolution of parliament an "urgent necessity" to avoid escalation in the country, at a time when an analysis published by the European Council on Foreign Relations concluded that holding new early elections in Iraq was futile just because the leader of the Sadrist movement, Muqtada al-Sadr, wanted it.
The analysis indicated that proceeding with this step would lead to the erosion of what remained of democracy in the country and to the consolidation of corrupt parties.
At the same time, an Iraqi political analyst suggested that early elections may be the only solution after the current crisis in the country has reached a path that threatens to escalate further between the opposing parties.
The analysis, written by Hamza Haddad, said that "the international community should avoid supporting early elections simply because the Shiite political leader is not satisfied with the outcome of the government formation process and threatens violence in response."
However, Haddad believes that "given the seriousness of the current impasse, early elections seem to be the most likely outcome to end the conflict, but he indicated that there is little possibility that such a step" would provide a real mechanism for resolution."
Haddad continues, "Given that the parliamentary elections that took place last October saw a low turnout, another election may erode what remains of the country's democracy, especially if it is held merely to appease al-Sadr."
The analyst explains that "there is no reason to believe that another early election will reverse this trend, and may instead further entrench the corrupt parties and their control over state facilities, given that only their supporters will go to vote."
He notes that "although early elections are an appropriate mechanism to resolve the deadlock in many democracies around the world, they cannot address the structural weaknesses of the political system in Iraq."
On Friday, the Sadrist movement, led by Shiite cleric Muqtada al-Sadr, renewed its call for the highest judicial authority in Iraq for the second time in less than a month, to dissolve parliament.
Thousands of Sadrists' supporters participated in Friday prayers, which were held in a square adjacent to the Iraqi parliament. In a sermon delivered by Muhannad al-Moussawi, who is close to al-Sadr, the current demanded the Federal Court to dissolve Parliament.
The court is scheduled to hold, next Tuesday, a session to consider the case submitted by the Secretary-General of the Sadrist bloc, Nassar al-Rubaie, a source in the court confirmed to AFP.
Addressing the judiciary, Al-Moussawi said, "If the rule is in your hands, the law is under your authority and the constitution is under your eyes, you decide what you want," and continued, "Take it as my advice: We will not abandon our right even after a while."
Since the early parliamentary elections in October 2021, Iraq has been in complete political paralysis with the inability to elect a new president and form a new government.
The level of escalation between the Sadrist movement and its opponents in the coordination framework rose on July 30, when al-Sadr supporters began a sit-in at the Iraqi parliament building in the Green Zone, demanding the dissolution of parliament and the holding of early elections, days after the resignation of the 73 Sadrist bloc deputies.
For their part, Sadr's opponents, in the coordinating framework that includes the bloc of former Prime Minister Nuri al-Maliki and the Fatah bloc representing the Popular Mobilization, want to form a government before going to early elections.
Supporters of the coordination framework have also been carrying out a sit-in in front of the Green Zone, which includes government institutions and Western diplomatic headquarters, since August 12.
The Iraqi constitution states in Article 64 of it that the dissolution of the Council of Representatives takes place “by an absolute majority of the number of its members, at the request of one-third of its members, or at the request of the Prime Minister and with the approval of the President of the Republic.”
Iraqi political analyst Issam Al-Faili believes that all political parties believe that the solution to the intractable crisis in Iraq lies in dissolving parliament and holding early elections, but they differ on the mechanism by which this should be done.
In an interview with Al-Hurra, Al-Faili added that the dissolution of Parliament will necessarily lead to an end to the state of political tension that the country has been witnessing for several months, with both sides insisting on their demands.
Al-Faili stresses that dissolving parliament has become an "urgent necessity" to resolve the situation and avoid further escalation.
Al-Faili believes that the continuation of the current situation may lead one of the opponents to carry out civil disobedience, which will affect the country's economy and possibly stop the movement of life completely in the country.
Al-Faili shows that "the early elections will prove the size of each party and may lead to a breakthrough or split in one of the two camps, paving the way to facilitate the task of the other party in obtaining the majority needed to form a government."
It is customary in Iraq for the parties of the "Shiite House" that have dominated the political scene since 2003 to reach an agreement among themselves on the name of a prime minister.
This time, however, the political parties failed to achieve this after many months of negotiations. The main difference between the two parties is that the Sadrist movement wanted a "national majority" government in alliance with the Sunnis and the Kurds, while its opponents, in the coordinating framework, wanted to maintain the consensus formula. link
Mot: ..... Soooooo Where Do You See Urself in ~~~~5 years
Mot: .. aaaaahhhh ---- hmmm -- aaaahhhhhhhh ((( What to Say ))
News, Rumors and Opinions Saturday Morning 8-27-2022
.Note From Dinar Recaps:
To our newest readers,
If you are new to the Dinar and Currency investment and wish to educate yourself further please go to Dinarrecaps .com . At the top of our blog page click on the categories button and go to The Dinar Recaps Archives or Post RV Categories for all our past posts on history of past RV’s, Exchange tips, Security and other valuable information.
We hope all of our dreams come true very soon.
Your Dinar Recaps Team
Note From Dinar Recaps:
To our newest readers,
If you are new to the Dinar and Currency investment and wish to educate yourself further please go to Dinarrecaps .com . At the top of our blog page click on the categories button and go to The Dinar Recaps Archives or Post RV Categories for all our past posts on history of past RV’s, Exchange tips, Security and other valuable information.
We hope all of our dreams come true very soon.
Your Dinar Recaps Team
KTFA:
Samson: Economist: Banks' profits from the currency auction are enough to build a thousand schools per month
27th August, 2022
The economist, Diaa Mohsen, accused, on Saturday, the Central Bank of Iraq of colluding with private banks and influential political figures in the process of auctioning hard currency, noting that the profits of banks from the auction are sufficient to build a thousand schools.
Mohsen said in a statement to "Information", "The bulletin on the sale of currency at the Central Bank auction confirms the existence of collusion between the Central Bank and private banks, as well as influential political figures through the increase in the sale of currency, as it exceeded more than one billion dollars, which achieves imaginary profits as a result of the price difference between what is sold. the bank and its local price.
He added that "the increase in the currency difference for what the bank sells to private banks has increased to (20) points, as if we calculate the profits of banks for one month's sales, it will be more than one trillion dinars per month that goes to those banks and most of them belong to influential political figures," noting that "most of the money is the result of an auction." Currency has become the best way to smuggle currency."
Mohsen pointed out that "the profits earned by the banks per month are sufficient to build more than a thousand schools per month."
According to media sources, the sales of the Central Bank of Iraq in the auction of selling hard currency for dollars during the past week amounted to nearly one billion and 300 million dollars. LINK
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Courtesy of Dinar Guru
Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] ...IMO they dealt with connections internationally because this bank is in American territory therefore they must follow American banking laws... IMO they went to deal with the ATMs. IMO they dealt with the key cards and the MasterCards and Visas...the insurance...the new small category notes inventory wise...coins (not so much physically yet). IMO they dealt with opening day...with the workers and the staff in their scheduling...with translators to help them with Iraqi citizens...with loans... [Post 1 of 2....stay tuned]
Walkingstick IMO these guys are very busy right now. The thing that I love about this is like when you're in a marathon race...oh, boy. I'm not talking about the last mile. I'm talking about the last hundred yards when that ticker tape is visible. You can see it. It's there. You're about to get to it...I believe these two gentlemen are the equivalent of two marathon racers that see the finishing line and are sprinting at it because the two are very busy right now with the CBI...
Inflation in 2022 - What’s Happening and What’s Next?
Lynette Zang: 8-26-2022
Sudden Dollar IMPLOSION Ahead | Michael Oliver
Liberty and Finance: 8-27-2022
The U.S. dollar is rallying to multi-decade highs, but momentum analyst Michael Oliver expects a sharp reversal soon. If the dollar crashes, he expects gold will snap higher. Silver will follow, with an even more dramatic move to the upside, he forecasts.
Economists Veiws on Fed Chair Jerome Powells Speech Today 8-26-2022
.The Fed has never done this in history, expect another 50% market crash - Todd Horwitz
Kitco News: Aug 26, 2022
Stocks and gold tumbled Friday morning as Fed Chair Jerome Powell made hawkish signals during his speech at the annual Jackson Hole Symposium.
Todd 'Bubba' Horwitz, editor of BubbaTrading.com, discusses his outlook on the markets and gold with David Lin, Anchor for Kitco News.
The Fed has never done this in history, expect another 50% market crash - Todd Horwitz
Kitco News: Aug 26, 2022
Stocks and gold tumbled Friday morning as Fed Chair Jerome Powell made hawkish signals during his speech at the annual Jackson Hole Symposium.
Todd 'Bubba' Horwitz, editor of BubbaTrading.com, discusses his outlook on the markets and gold with David Lin, Anchor for Kitco News.
BELIEVE IT! Fed Chair Powell Says: "US HOUSEHOLDS AND US BUSINESSES WILL SUFFER."
Greg Mannarino : 8-26-2022
Short Friday Night News With MarkZ 8-26-2022
.Friday Evening News with MarkZ 08/26/2022
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Groundhog Day was on AMC this afternoon….Coincidence? I think not…lol
Member: An RV would make everything better.
MZ: Yes it would. Hearing pretty positive stuff from Iraq. The information I was getting out of there was it will be less than a week. It appears they are finally giving us a closer idea on timing. We pray it is accurate.
MZ: Nobody is supposed to know until it goes…so it concerns me I was given that specific a range. But if true that is exciting.
Friday Evening News with MarkZ 08/26/2022
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Groundhog Day was on AMC this afternoon….Coincidence? I think not…lol
Member: An RV would make everything better.
MZ: Yes it would. Hearing pretty positive stuff from Iraq. The information I was getting out of there was it will be less than a week. It appears they are finally giving us a closer idea on timing. We pray it is accurate.
MZ: Nobody is supposed to know until it goes…so it concerns me I was given that specific a range. But if true that is exciting.
Member: Is the Zim still going?
MZ: I am still being told from my contacts that Zim is going. And we have not heard anything to the contrary .
MZ: My redemption folks do not expect to work at all this weekend.
MZ: Lots of news hitting…This one is huge. “Mexico Central Bank debates whether to “decouple” from US Fed.”
MZ: Today our markets went into a freefall after Powells conversation at Jackson Hole, WY.. The economy is basically wrecked …GDP is flat….inflation is rearing its ugly head. Powell let us know we need to get more aggressive , and it has the markets in a tailspin. This is setting up nicely for a need to reset our currency.
Member: The dow dropped over 1000 points today
Member: Dow 30 32,283.40 -1,008.38(-3.03%) ** Nasdaq 12,141.71 -497.56(-3.94%) ** Crude Oil 92.94 +0.42(+0.45%) ** Gold 1,750.10 -21.30(-1.20%) ** Silver 18.77 -0.35(-1.83%)
Member: Mark, how long after the RV will the flat tax on things (cars) can happen?
MZ: I am guessing almost immediately after the reset……my guess is within a week we will transition into a flat tax. Now how long it will take for prices to adjust may be a different story.
MZ: It was an exciting day in the financial news for us.
MZ: For those in the UK from Zerohedge: “ Doomsday scenario: 70% of British pubs may not survive winter as power costs skyrocket” The government is being called on immediately to make some plans to help keep these open.
Member: Walkingstick IMO these guys are very busy right now. The thing that I love about this is like when you're in a marathon race...oh, boy. I'm not talking about the last mile. I'm talking about the last hundred yards when that ticker tape is visible. You can see it. It's there. You're about to get to it...I believe these two gentlemen are the equivalent of two marathon racers that see the finishing line and are sprinting at it because the two are very busy right now with the CBI...
MZ: That is pretty “spot on” It is a mad dash to the end for them right now.
Member: Thanks Mark…..financial news was great today for getting closer to a market crash and a reset…
MZ: I think we are going to have a longer , busy stream tomorrow…..see you then
Member: Everyone have a great weekend and see you all tomorrow.
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
The next stream is tomorrow at 10Am est……..unless
News, Rumors and Opinions Friday Afternoon 8-26-2022
.RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 26 Aug. 2022
Compiled Fri. 26 Aug. 2022 12:01 am EST by Judy Byington
It was my personal opinion that notification of Tier 4B (us, the Internet Group) for exchange and redemption appointments would take place AFTER a big Event where Mainstream Media Satellites were taken down and the Emergency Broadcast System came into effect on the new Star Link Satellite System.
Thurs. 25 Aug. MarkZ: Iraq has set their rate.Target date to announce was within weeks. There were a lot of reports out there from bond and Tier 3 folks that have money but they do not have access to it yet. It is there, but they cannot spend it …yet. Moscow exchange demands the use of (gold-backed) dollars as collateral starting Aug. 29th. There seems to be a lot of “tell” signs for the world’s currency front around Aug 29th and the end of this month.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 26 Aug. 2022
Compiled Fri. 26 Aug. 2022 12:01 am EST by Judy Byington
It was my personal opinion that notification of Tier 4B (us, the Internet Group) for exchange and redemption appointments would take place AFTER a big Event where Mainstream Media Satellites were taken down and the Emergency Broadcast System came into effect on the new Star Link Satellite System.
Thurs. 25 Aug. MarkZ: Iraq has set their rate. Target date to announce was within weeks. There were a lot of reports out there from bond and Tier 3 folks that have money but they do not have access to it yet. It is there, but they cannot spend it …yet. Moscow exchange demands the use of (gold-backed) dollars as collateral starting Aug. 29th. There seems to be a lot of “tell” signs for the world’s currency front around Aug 29th and the end of this month.
Wed. 24 Aug. Fleming: DINARES GURUS: NICK’S INTEL PODCAST, 24 AUGUST https://dinaresgurus.blogspot.com/2022/08/nicks-intel-podcast-24-august.html Iraq has a date and new Dinar Rate to be put on Forex. The Iraqi Parliament was set to announce the new rate within days. According to Nick’s government contacts, they have been cleaning house, getting rid of the crooks and this had to happen. Watch for the announcement of a new Iraq parliament which was now in formation in the background, ready to go. Within a few days of electing a new parliament, there will be a new global (FOREX) rate for IQD announced. Iraq has this parliament ready now so it won’t be much longer. Once that parliament comes in it will be within a few days that they announce the new rate. It’s very close.
A High Up Source felt that the GCR / RV could occur any time between now and mid Oct. unless a Trump arrest caused a delay through November. The “hold up” was more military logistics and underground tunnel resistance – that was in the process of being aggressively finished.
Tues. 16 Aug. Coach Jerry: “Be encouraged dear community, our time will come. If we could figure out the precise timing, then the evil opposition could also figure it out. And I have a sneaking suspicion that the Worldwide Alliance has designed this entire “movie” such that no one, outside the good military, is quite able to figure it out.”
We will have about 10 days to exchange or redeem our currencies and bonds (Zim) for the special rates. …White Hat Intel
On the Quantum Financial System, Greg O’Neill: “I recently went to a birthday party for a one year old and was able to ask his dad, if he had heard about the CIPS/RTP system. He is an exec at the Umpqua Bank who earns (a very high salary) a year and works from home these days. He not only had heard about it, but said that it’s very fast and that he’s familiar with it. This is the first time I’ve heard from any bank officer here in Spokane, WA, who knows about CIPS/ RTP. Interestingly he was not aware of the USN/USTN or was under an NDA, and he had not heard about President Putin officially announcing the GCR/RV and his country’s Ruble being gold asset backed.”
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Thurs. 25 Aug. The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#
Bond Holders had received an email showing them the monies in their account. They were waiting for another email that would give them access to 1% of their Bond exchange.
They expected Tier4B to go at the same time that the email goes out to the Bond Sellers that would give them 1% access to their accounts.
We expect that to happen for Tier4B between now and next Mon. 29 Aug, although could happen by Sat. 27 Aug.
Read full post here: https://dinarchronicles.com/2022/08/26/restored-republic-via-a-gcr-update-as-of-august-26-2022/
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Goldilocks:
Reset the market. Then, reset the banking system. And finally, witness revaluations across the board. * Goldilocks
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Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] We see a lot today. We are having what is called A and B exchange...this is for the company like Western Union to be set up here. FRANK: International! Because you are about to float your currency! FIREFLY: This is amazing! This task is for us Iraqi citizens. We know what this means. We know we're going out internationally. We know the currency is about to float...
Mnt Goat Article: "AL-SADR’S MINISTER ATTACKS HIS OPPONENTS AGAIN: THEY WANT TO FORM A GOVERNMENT IN ORDER TO COMPLETE THE SALE OF WHAT IS LEFT OF IRAQ" I think this article just about says it all in what the corrupt in Iraq want to do and will do if they get back in power...It is clear now the fate of Iraq but only if Sadr is not successful...We can see that as time goes by Sadr is pushing more and more for the exposure of the files of the corrupt. He is relentless in pursuit of justice. It is only a matter of time since time is on Sadr’s side. The pressure builds. Of course, we are discouraged this process is taking so darn long. But the process is finally here and so be patient...
Expect The Economy To CRATER FASTER! As Inflation SURGES HIGHER... Important Updates.
Greg Mannarino: 8-26-2022