Treasury To Collapse Economy and Markets
Treasury To Collapse Economy & Markets
Lynette Zang: 11-17-2022
What if you woke up tomorrow? The stock market's crashing, interest rates spiking, and your credit and debit cards were frozen. Nothing was working.
Would you panic because you're not prepared and out of choices? Or would you thank your lucky stars that you were properly positioned in advance? Your critical breakdown was in the foundation of our financial system, that indicates that we are very close to a collapse.
U.S. Treasury Market is the foundation of the entire global economy and is in deep trouble. Liquidity is now at a critical level, which is the ability to buy and sell without huge price swings. That's evaporated like the foundation of a house during an earthquake. This foundation is so fragile that the Treasuries openly discussed programs identical to what Third World countries have done in the past.
Jerome Powell has told us they will also bring some pain to households and businesses, and you should believe them because of the Treasury market freezes. Everyone's standard of living will be impacted.
Do you think this can't happen here? It's already happening in the U.K., So let's see what the data says coming up.
Treasury To Collapse Economy & Markets
Lynette Zang: 11-17-2022
What if you woke up tomorrow? The stock market's crashing, interest rates spiking, and your credit and debit cards were frozen. Nothing was working.
Would you panic because you're not prepared and out of choices? Or would you thank your lucky stars that you were properly positioned in advance? Your critical breakdown was in the foundation of our financial system, that indicates that we are very close to a collapse.
U.S. Treasury Market is the foundation of the entire global economy and is in deep trouble. Liquidity is now at a critical level, which is the ability to buy and sell without huge price swings. That's evaporated like the foundation of a house during an earthquake. This foundation is so fragile that the Treasuries openly discussed programs identical to what Third World countries have done in the past.
Jerome Powell has told us they will also bring some pain to households and businesses, and you should believe them because of the Treasury market freezes. Everyone's standard of living will be impacted.
Do you think this can't happen here? It's already happening in the U.K., So let's see what the data says coming up.
Chapters:
0:00 US Treasury in Trouble
1:21 Liquidity & Forced Selling
4:25 Foreign Holdings at Federal Reserve
6:14 US Losing World Reserve Currency Status
9:47 Markets Having Trouble Trading
15:02 10-Year Treasury Price Volatility
16:56 Drawdown = Selling
21:00 True Value of Gold
23:54 Set Up Your Strategy
Thursday Evening News With MarkZ 11-17-2022
Thursday Evening News with MarkZ 11/17/2022
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: Wow- another week has almost flown by…….this waiting is excruciating.
Member: Would sure love to be REALLY thankful next week on Thanksgiving day…..Come on RV.
Member: So, Gurus have been told to be quiet??? It sure seems like it…..no news anywhere.
MZ: Well, There is more news this evening than we had this morning. Let’s start with what we can see in the press.
MZ: “Iraq establishes a new higher commission combating corruption” We have been waiting for this and know they have been making a massive effort to clean up corruption. I don’think they would be as worried about cleaning this up if their dinar were not about to worth more. If the dinar stayed useless and worthless I don’t think they would be wasting so much time chasing them. I think this is a clear sign we are close.
Thursday Evening News with MarkZ 11/17/2022
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: Wow- another week has almost flown by…….this waiting is excruciating.
Member: Would sure love to be REALLY thankful next week on Thanksgiving day…..Come on RV.
Member: So, Gurus have been told to be quiet??? It sure seems like it…..no news anywhere.
MZ: Well, There is more news this evening than we had this morning. Let’s start with what we can see in the press.
MZ: “Iraq establishes a new higher commission combating corruption” We have been waiting for this and know they have been making a massive effort to clean up corruption. I don’think they would be as worried about cleaning this up if their dinar were not about to worth more. If the dinar stayed useless and worthless I don’t think they would be wasting so much time chasing them. I think this is a clear sign we are close.
MZ: We have had a lot of chatter today about this weekend. I don’t know if it will pan out but, it’s exciting to hear it because of where it is coming from. It’s coming from inside the sand box itself. I’m going to cross my fingers.
MZ: One of my sources is with the finance ministry and they really do think …and are very hopeful that this is the weekend. I really hope this is it….I am very, very tired.
MZ: It’s still very quiet on the bond front and CMKX front. The chatter out of Iraq is probably the most exciting. They have great expectations. We don’t know if we will finally see it….but it is hopeful to hear them talk about it so openly. Hopefully it will come to fruition this weekend.
Member: Is the CBI part of the Rothschild banking system?
MZ: No, they are independent of the Rothschild banking system which is fantastic!!!!!
Member: Mark the Dinar is independent and can RV prior to the US and Nesara/Gesara correct?
Member: I believe Mark said they could…..they are approved for the NEER (Nominal effective exchange rate) rate of about $1.60 with the IMF/UN…….question is –will they?????
Member: If CBI moves this weekend I pray Vietnam goes too -being one of their leading trading partners
Member: I watched Charlie today and he said the RV could possibly take up to 12 weeks yet, but he is still hoping for this month.
Member: Wolverine said Klaus Scwaab threw in the towel on the NWO.
MZ: “Major crypto brokerage Genesis suspends withdrawals in wake of FTX collapse” Guys, What has the same amount of backing as these crypto exchanges?? Actually what has less backing and less assets than these cryptos???
MZ: Your answer is this banking system and the Federal Reserve. At some point this will spill over and many countries are in fear that people will grab their goods and dollars and go…..when this happens….it’s all over immediately.
MZ: “ Update: Foreign holding of treasuries drop to lowest since May 2021” Across the board nations have started dumping their US Treasuries. This means trouble. This means these dollars are returning to the US…this will fuel even more inflation
Member: I think the RV has to get started before the financial system collapses completely. imo.
MZ: “Fiat currency overlords are feverishly buying gold “ When the big banks and the big countries are suddenly running from US treasuries, running from the fiat banking system and trying to get as many precious metals as they can…..it tells you what is coming….imo. .
Member: What’s everyone’s opinion of what to do with our prosperity since the US dollar will shortly be worthless? Do you invest in property? Invest in gold and silver? What is secure if our US dollar is not?
Member: Hopefully ours will be backed by gold and the USN comes out at the same time we RV.
Member: Yes-our money should be backed by gold when this goes
Member: The Fiat US Dollars Has Never Been " Secure", IMO
Member: Property and Gold is always a good investment. Get some farmland so you can raise your own food.
Member: Who else is ready for this bumpy ride to be over with??? Really hoping this is our weekend!!!
Member: I hope I’m wrong….but the new year is a logical time to start a new system and new market….imo……I really hope I’m wrong. The good news is it’s only a month away.
Member: Remember that we need to ... Love Each Other, Care About Each Other, and Be Charitable to Each Other!!
Member: Prayers for everyone for a peaceful night !
Member: Prayers this weekend is “it”!!
“THE INFO IN THIS PODCAST IS FOR GENRAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
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.
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
JOIN US DURING THE NEXT REGULAR PODCAST TOMORROW MORNING AT 10 am EST.
More News, Rumors and Opinions Thursday PM 11-17-2022
KTFA:
Samson: Iraq increases its holdings of US bonds by more than one billion and 250 million dollars in a month
17th November, 2022
The US Treasury announced, on Thursday, that Iraq increased its holdings of US bonds to more than one billion and 250 million dollars during the month of September.
The treasury stated in its latest schedule, seen by Shafaq News agency, that "Iraq's possession of US Treasury bonds for the month of September of 2022 increased by 1.275 billion dollars, to reach 36.905 billion, after it was 35.630 billion dollars in the month of August," indicating that "this Bonds increased by 51.35% over the same month last year 2021, when Iraq's possession of bonds amounted to $18 billion.
KTFA:
Samson: Iraq increases its holdings of US bonds by more than one billion and 250 million dollars in a month
17th November, 2022
The US Treasury announced, on Thursday, that Iraq increased its holdings of US bonds to more than one billion and 250 million dollars during the month of September.
The treasury stated in its latest schedule, seen by Shafaq News agency, that "Iraq's possession of US Treasury bonds for the month of September of 2022 increased by 1.275 billion dollars, to reach 36.905 billion, after it was 35.630 billion dollars in the month of August," indicating that "this Bonds increased by 51.35% over the same month last year 2021, when Iraq's possession of bonds amounted to $18 billion.
And she added, "Iraqi bonds, including long-term guarantees of $25.346 billion and short-term guarantees of $11.559 billion," noting that "these bonds represent 0.49% of the world's bonds."
In the Arab world, Saudi Arabia comes at the forefront of the countries with the most possession, amounting to 120.997 billion dollars, Kuwait comes second with 49.923 billion dollars, the UAE comes third with 48.259 billion dollars, then Iraq fourth, and Oman fifth with 7.044 billion dollars, then Morocco with 3.739 billion dollars.
She pointed out that "the most holders of US bonds are Japan with 1.120.184 trillion dollars, followed by China with 933.579 billion dollars, followed by the United Kingdom with 663.287 billion dollars, and then comes Belgium with 325.085 billion dollars." LINK
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Samson: Iraq is pursuing a senior official in the intelligence apparatus and seeking the help of Interpol
17th November, 2022
On Thursday, the Federal Integrity Commission initiated procedures to recover a general director in the intelligence service, and to issue an arrest warrant against the accused who fled to the International Police (Interpol) at the level of Arab countries, under the follow-up and supervision of Prime Minister Muhammad Shia'a Al-Sudani.
According to a statement received by Shafaq News agency, the recovery department of the authority clarified the procedures for pursuing the fugitive suspect (Dia Abdel Aziz Saad Al-Musawi), in preparation for the issuance of the International Red Notice of the International Criminal Police Organization (Interpol).
The department stated, "The procedures for recovering the accused, who holds the position of Director General in the Intelligence Service, have actually begun, and a recovery file has been organized against him in preparation for the issuance of the red notice."
She added that she had completed "the procedures required to issue an arrest warrant at the level of Arab countries through the security and legal agencies concerned with law enforcement," noting that "this was done under the direct follow-up and supervision of the Prime Minister (Muhammad Shiaa Al-Sudani)."
A judicial arrest warrant was previously issued against the accused as a result of charges attributed to him related to corruption crimes represented in oil smuggling and exploitation of his job position.LINK
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Courtesy of Dinar Guru
Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're saying the budget should be in parliament by the 9th of December. FRANK: The 9th is crucial. We need to see this government seated, parliament seated, the Cabinet announced, everything by the 9th...From the 9th to the 31th of December they're going to review the budget...then on the 1st IMO they can launch it and make it official. They can release all the information that's in it.
Pimpy There has been a lot of talk about the Iraqi dinar exchange rate change and what we can expect and what is going on...there's been a lot of talk about this up and coming budget...I'm shocked at how fast they're putting this thing together, usually takes forever...I'm hearing from all kinds of people saying don't trust the news, they're lying, the rate change is going to be in there. It goes back and forth...nobody knows...It's all speculation...
Allies No Longer Need the US, European Leaders Refuse to Waste Time on Biden at G20 Summit.
Deepin Moments: 11-17-2022
With the G20 meeting held in victory! Western leaders, represented by Germany and France, have recently lined up for high-level meetings with China, and after the talks, briefings from all sides have released a very rich message.
Political news sites have written articles specifically comparing the US with Germany, claiming that the recent high-level meetings between Biden and Scholz with China highlight the difference between the two countries' attitudes toward China.
And this difference is likely to evolve into a political disagreement between the U.S. and Germany.
These Nations STOCKPILING GOLD; Here's Why | Andy Schectman
Liberty and Finance: 11-16-2022
More than a dozen countries could soon be joining the BRICS nations. Andy Schectman, CEO & president of Miles Franklin, has been tracking the evidence that the BRICS nations are preparing a new reserve currency, possibly gold-backed, that could threaten U.S. Dollar's #1 global reserve status.
Many of the countries looking to join have been stockpiling gold. "You must have gold to be part of this new game," he says.
0:00 Intro
4:00 Avoid gold scams
14:51 Nations buying gold
China's Masterplan to End the US Dollar Dominance Will Change The World Forever
China's Insane MASTERPLAN To End The US Dollar Dominance Will Change The Entire World Forever
Tech Futures: 11-17-2022
The BRICS countries are five of the fastest-growing economies in the world. And the BRICS economic structure, which includes Brazil, Russia, India, China, and South Africa, is also expanding.
The combined 3.23 billion residents of the BRICS countries account for 41% of the global populace. In addition, they take credit for 24% of the world's GDP. And together, these groups control 16 percent of the total value of international commerce.
Now, with that much power, the US and the dollar are in serious danger. Most recently, China and other members have attracted new countries to join the organization.
Now, in October, the Chinese Ministry of Foreign Affairs expressed support for BRICS membership expansion. And speculation had arisen that Saudi Arabia intended to join the bloc.
China's Insane MASTERPLAN To End The US Dollar Dominance Will Change The Entire World Forever
Tech Futures: 11-17-2022
The BRICS countries are five of the fastest-growing economies in the world. And the BRICS economic structure, which includes Brazil, Russia, India, China, and South Africa, is also expanding.
The combined 3.23 billion residents of the BRICS countries account for 41% of the global populace. In addition, they take credit for 24% of the world's GDP. And together, these groups control 16 percent of the total value of international commerce.
Now, with that much power, the US and the dollar are in serious danger. Most recently, China and other members have attracted new countries to join the organization.
Now, in October, the Chinese Ministry of Foreign Affairs expressed support for BRICS membership expansion. And speculation had arisen that Saudi Arabia intended to join the bloc.
According to reports from South African media, Saudi Arabia's Crown Prince Mohammed bin Salman recently stated his country's interest in joining BRICS. Moreover, they said Saudi Arabia is not the only country interested in joining the organization.
As this year's BRICS chair, China is committed to seeing the organization through its current membership expansion process and into further "BRICS Plus" collaboration. And since its inception in 2017, the "BRICS Plus" collaboration has extended an invitation to heads of state from other developing nations. And they want them to participate in the ongoing conversation.
China made the point during the 14th BRICS Summit in June that the group is not an exclusive club. Rather it functions as a large family where members look out for one another. It's also a partnership in which everyone benefits from working together.
Now, it has been suggested that the BRICS countries create their own reserve currency to better advance their collective economic goals. It will be tied to a basket of currencies from the five member states.
The current system of using the dollar as the de facto standard for oil trading and pricing dates back to 1974. It was the chaotic period after the Arab Oil Embargo, the 1973 oil crisis, and the removal of the dollar's tie to gold in 1971.
Saudi Arabia agreed to price oil in US dollars and retain reserves partially in US Treasury bonds in exchange for US military and political support and purchases of its oil. Other oil-exporting countries soon followed suit. And the Saudis likewise maintained a tie to the dollar as their currency. The oil-producing states in the Persian Gulf grew wealthy as a result of these "petrodollar" agreements. And the United States was also able to readily fund its large trade deficits.
Now, this resulted in a strong currency, which made US goods comparatively costly and contributed to the outsourcing of manufacturing to China. Over the years, the oil industry has developed intricate systems for discovering prices and mitigating financial and physical risks. And this was done along the supply chains that bring crude oil from the ground up to consumers' homes.
Additionally, because of this market, many people believed the US dollar would continue to be the de facto global oil reserve currency for the foreseeable future. The markets were both "deep" and "liquid," with a wide variety of services that were difficult, if not impossible, to replicate.
However, tension and worry have steadily increased over time. It's due to the United States' growing dominance in the dollar's trade system. Now, some nations and economies have accused the United States of acting unilaterally to halt oil exports from countries whose policies Washington opposes. Just consider the countries of Iran and Venezuela.
It has been decided to find an alternative to SWIFT. And this includes establishing a system for international bank transfers in China. However, these measures are still in their infancy.
There was also a collaboration between Russia, China, and others to find alternatives to the US currency. And they attempted to aid Iran in circumventing US sanctions by developing a cumbersome SWIFT substitute of their own.
After then, an invasion of Ukraine ensued. Now, further restrictions were placed on Russian commerce due to punitive sanctions imposed by the United States and the European Union. They also put Russia's $300 billion in reserves on ice.
Moscow protested this as "stealing." Now, some Western critics expressed concern that a failure to safeguard foreign reserves may damage the dollar's standing as a reserve currency.
"Coffee With MarkZ" Thursday Morning Chat 11-17-2022
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Thursday Update- 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: What the World Needs Now, is Love, Sweet Love, No, Not Just for Some, but for Everyone!
MZ: There is still massive silence on the RV front. No bad news…..no news at all. I cannot get a peep or whisper out of any of my sources.
Member: No News is Good News!! We hope.
Member: Maybe they are taking the NDA seriously…..I sure would
Member: What has happened with tier 4b?
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Thursday Update- 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: What the World Needs Now, is Love, Sweet Love, No, Not Just for Some, but for Everyone!
MZ: There is still massive silence on the RV front. No bad news…..no news at all. I cannot get a peep or whisper out of any of my sources.
Member: No News is Good News!! We hope.
Member: Maybe they are taking the NDA seriously…..I sure would
Member: What has happened with tier 4b?
MZ: Nothing yet. It still exists….we are just waiting for the reset.
Good questions that need answers:
Member: how many "events" do we have to have before they release this thing?
Member: Are there any whales really left? I’d think they would just go home.
Member: Aren't the Iraq citizen's pissed this is taking so long?
Member: why would the CBI change the rate in Iraq if the CBI is part of the cabal
Member: Mark, How does the RV happen with the [DS] controling the "USA Corps" ?
Member: Did Iraq revalue in-country when the contractors got paid?
~~~~~~~~~~
Member: I believe the rates already set and done, it's just not been announced yet
Member: DOW -271 points
Member: Dow -195pts. Nasdaq -94pts. S&P -36pts. DXY +.70pts. BTC $16,678 ETH $1,214
Member: We need the market to crash ASAP…….
MZ: it’s the melt up….. the lost hoorah…..the same thing we have seen in the final days of the 1929 market and the 2008 market. The final run up …I call it a “sucker’s run” or the final run where the big players are trying to “time” it and make as much as they can to cover their shorts. The ones who will be stuck holding are the 401-k’s, the Roth IRA’s…..who will be left holding the bag at the end…..they won’t have a chair to sit in this game of musical chairs when the music stops……they know it is coming. .
Member: Every time they boost the market back up and then do another 'take', we hope it's the last time....yet they find a way to keep doing it. Where will it end is anyone's guess.
Member: I am worried about the Great Resets digital dollars…….
MZ: Digital Dollars…….this is one we are all watching .We are watching the test/pilot study on the Feds, Central Bank Digital Dollars right now. This is a concern but I do not think they are going to win. I think there will be a push back and we will get our reset based on commodities. I think BRICS will crash the Great Reset but, it certainly paints a scary picture and the price if we don’t win. The stakes are high for humanity.
Member: Lots of economists are commenting on this study…..none of them find it favorable.
Member: I don't understand how people can want digital currency! makes no sense to me! I want good old folding money in pocket, then I always have access to MY money, screw this digital BS
Member: Charlie Ward mentioned the RV will not occur until the USNs are announced and released to the public.
MZ: My opinion is it will happen at exactly the same time.
Member: We need the arrests and trials to be done PUBLICALLY……so sick of hering stuff is being done behind the scenes…..this is BS.
Member: They should make all Gitmo arrests and outcomes live on air tell the people the truth and stop thinking for us we are not all idiots.
Member: Ronald Reagan said that if the government shut down for 2 weeks we've never noticed it except that we would prosper
Member: Someone posted that Bruce’s Big Call said Federal Reserve was raided by Marines last Tuesday met with heavy resistance & 3 Marines were killed. Marines went back in Wednesday & cleaned house.
Member: I have a hard time believing anybody. There's so much crap being circulated.
Member: I understand everyone's doubt, frustration and confusion. I've been dealing with it myself lately. but we were told from the beginning it would be this way at the end. the end is here.
Member: The Golden Age is just ahead.
Member: When this is all over the clean up will be spectacular.
Member: MarkZ thanks for bringing balance and reason to our thinking and expectations.
Member: Happy birthday Everyone celebrating today
Andy Schectman from Miles Franklin joins the stream at the end. Please listen to the replay for his opinions and information.
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The next stream is tonight at 7 pm est…..upless.
MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.
THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE
MZ: Zim payouts I hear may be traunched…..a structured payout over time…….What is a traunch? https://www.investopedia.com/terms/t/traunch.asp
MZ: JFK Secret Societies Speech in case we forgot https://www.youtube.com/watch?v=ItOPg2l7-t0
JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401
Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html
MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y
Mod: Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME
MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road
You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate
Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz
MARKZ and SALTY TOES have worked hard to build a COMMUNITY that people can trust. You can connect with MarkZ at The Seeds of Wisdom Team Community and website. Just visit the Seeds of Wisdom Team Website, join the Seeds of Wisdom Telegram Community, and Subscribe to receive email updates. https://seedsofwisdomteam.com/
Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e
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 Fed Just Launched The Digital Dollar
The Fed Just Launched the Digital Dollar
Heresy Financial 11-17-2022
The Federal Reserve is launching a pilot program of the brand new central bank digital currency in conjunction with 12 major banks!
Banks like BNY Mellon, Citi, U.S. Bank, Wells Fargo, and a few others. They are all working together on a 12-week pilot program for the new digital dollar.
This program is spearheaded by the New York Fed's Innovation Center here, and the New York Fed's Innovation Center is the one that has been researching central bank digital currencies for a while now and periodically makes speeches about what they found and what they're looking at, saying "Hey, we need Congress to do stuff about this.
"We want Congress to legislate it, but it looks like they are taking a giant step forward. And it is no coincidence that this is happening right in the midst of the most epic Ponzi scheme collapse in cryptocurrency failure probably in history up to this point and probably in the future as well, with FTX collapsing right now.
Timecodes
0:00 Federal Reserve Releasing a CBDC 12 Week Program
2:48 Exploring Interoperable Networks on Distributed Ledgers
4:55 Testing Distributed Ledger Technology
8:47 How Dangerous This New CBDC Is
"Tidbits From TNT" Thursday Morning 11-17-2022
TNT:
Tishwash: A government advisor expects the budget law to reach parliament within two weeks
The legal advisor in the House of Representatives, Sabah Al-Karbouli, revealed, on Wednesday 16/11/2022, the reason for the delay in approving the federal budget law, while he expected the date of its arrival in Parliament.
Al-Karbouli said during a televised interview, followed by the obelisk, that the proportions of the governorates and projects hinder the approval of the budget, given that the representatives of the governorates and political blocs are trying to obtain all the projects that their governorates need, stressing the need to distribute projects fairly.
He added that preparations are underway to prepare a budget that meets all aspirations, provided that it is a program budget, not a traditional one, indicating that it is estimated at a value ranging between 160-180 billion dollars.
TNT:
Tishwash: A government advisor expects the budget law to reach parliament within two weeks
The legal advisor in the House of Representatives, Sabah Al-Karbouli, revealed, on Wednesday 16/11/2022, the reason for the delay in approving the federal budget law, while he expected the date of its arrival in Parliament.
Al-Karbouli said during a televised interview, followed by the obelisk, that the proportions of the governorates and projects hinder the approval of the budget, given that the representatives of the governorates and political blocs are trying to obtain all the projects that their governorates need, stressing the need to distribute projects fairly.
He added that preparations are underway to prepare a budget that meets all aspirations, provided that it is a program budget, not a traditional one, indicating that it is estimated at a value ranging between 160-180 billion dollars.
He added that Parliament is awaiting the arrival of the budget from the government, indicating that the Finance Committee is ready to discuss all aspects of it according to the government program.
He expected the budget law to reach parliament within two weeks from the government.
He pointed out that the political conflict in Iraq revolves around power and wealth. link
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Tishwash: Mandalawi calls on Australia to activate economic and investment cooperation with Iraq
Today, Wednesday, First Deputy Speaker of Parliament Mohsen Al-Mandalawi called on Australia to invest in stability in Iraq to activate economic and investment cooperation and activate friendship committees between the two countries.
A statement issued by the office of the First Deputy, received by (Al-Oula News), said, "Al-Mandalawi received the Australian ambassador to Iraq (Paula Canley), to discuss a number of issues and common concerns."
Mandalawi stressed during the meeting, according to the statement, “the importance of advancing the bilateral relations that bind the two friendly countries to advanced levels, and investing in the state of stability that Iraq is going through to strengthen cooperation in the agricultural, industrial and investment fields and infrastructure development, and the call to activate the role of the Iraqi-Australian Parliamentary Friendship Committee, and memorandums of understanding between Baghdad and Sydney to meet the interests of the two peoples.
In turn, Ambassador Paula Canley expressed the Australian government's support for Iraq, her country's desire to strengthen joint relations at all levels, and the importance of Iraq's strategic stability for all countries in the region and the world. link
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Tishwash: Iraq contracts auditing firm after 2.53 billion USD disappeared
The Iraqi government contracted an international auditing firm to deal with tax insurance funds after what became known as the ‘theft of the century’ was discovered.
The Iraqi cabinet agreed to authorize the office of the Prime Minister to contract with a major international company specialized in financial auditing after a theft of tax insurance funds was discovered, according to a statement issued by the press office of the Council of Ministers.
The statement added that the approval was granted in order to audit tax insurance funds.
Supervisory authorities previously discovered the embezzlement of more than 3.7 trillion Iraqi dinars (2.53 billion USD) from the General Commission for Taxes, which became known as the ‘theft of the century.’
The Iraqi News Agency (INA) reported in mid-October that an internal investigation carried out by the Ministry of Finance found the money had been withdrawn from the account of the General Commission for Taxes at a state-owned bank.
The Iraqi judiciary issued arrest warrants against those involved in the ‘theft of the century,’ confiscating movable and immovable assets, and seizing real estate belonging to them and their families.
Financial corruption in Iraq is one of the most important and complex challenges facing successive governments running the country since 2003, and which caused drainage of huge wealth.
Prime Minister Mohammed Shia Al-Sudani, during his speech in the Parliament after his government was granted confidence, described corruption as a ‘pandemic,’ and vowed to develop programs and plans to restrict corruption and limit the waste of public funds. link
Mot: Oh my………
Mot: . Yeppers! - the RV Frogs - Just Hanging on they is! ~~~
Short Wednesday Night Chat with MarkZ 11-16-2022
.Wednesday Evening News with MarkZ 11/16/2022
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
MZ: I want to remind you that the CBI, the UN and IMF have told us the rate is within the hands of the CBI now. And not with the Government of Iraq.
MZ: If you want to see it….here is Dr. Shabibi Answering re-denomination questions. He talks about what values can be supported ect…This man was the governor of the CBI …He was a very talented and capable economist……. https://www.youtube.com/watch?v=ol8wve53-ME
Wednesday Evening News with MarkZ 11/16/2022
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
MZ: I want to remind you that the CBI, the UN and IMF have told us the rate is within the hands of the CBI now. And not with the Government of Iraq.
MZ: If you want to see it….here is Dr. Shabibi Answering re-denomination questions. He talks about what values can be supported ect…This man was the governor of the CBI …He was a very talented and capable economist……. https://www.youtube.com/watch?v=ol8wve53-ME
MZ: Many articles out whose links will be in our link section…..
MZ: There has been some continued work on tabletop deals with bonds. We have not seen any currency/money move. We heard rumors yesterday that this was going to move overnight and that didn’t happen.
Member: I wonder if the US cutting off the 14 Iraqi banks will cut off the supply of Dinar available to buy. I always believed Dinar would be scarce to unavailable before this goes...
Member: MARK Z A lot of gurus are saying go time is now Jan 1st. Your thoughts?
MZ: No, I think “go time” is sooner than that. It is S*** or get off the pot time….
Member: The announcement of "Nesara" would solve so many problems and restore some hope for all.
Member: Even though the wait has been rough- I am incredibly grateful for the community we’ve built here. We are blessed to have each other.
Member: Lots of love and respect to you, Mark! Extremely grateful for everything you share with us.
Special guest Derek Johnson joins the stream at the end…..please listen to replay for his opinions.
“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY
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.
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
More News, Rumors and Opinions Wednesday Night 11-16-2022
.KTFA:
Samson: Seventy-five years of giving
16th November, 2022
Today marks the seventy-fifth anniversary of the founding of the Central Bank of Iraq, when the National Bank of Iraq was born on these days of 1947, to begin a triumphant march of monetary authority in our beloved country.
It plays roles in progress and development and is one of the engines of high-end institutional work.
We are not the only ones who are proud of the Central Bank of Iraq, but our people, our institutions, and our banking sector are proud of this sumptuous national fruit in its giving, performance, and the sustainability of its efforts.
KTFA:
Samson: Seventy-five years of giving
16th November, 2022
Today marks the seventy-fifth anniversary of the founding of the Central Bank of Iraq, when the National Bank of Iraq was born on these days of 1947, to begin a triumphant march of monetary authority in our beloved country.
It plays roles in progress and development and is one of the engines of high-end institutional work.
We are not the only ones who are proud of the Central Bank of Iraq, but our people, our institutions, and our banking sector are proud of this sumptuous national fruit in its giving, performance, and the sustainability of its efforts.
Mustafa Ghaleb Makhaif
Governor of the Central Bank of Iraq
11/16/2022 LINK
Samson: Iraq will participate in the Arab-Chinese summit in Saudi Arabia next month
11/16/2022 07:42:03
Iraq announced its participation in the Arab-Chinese Summit to be held in Saudi Arabia next month, which aims to build a strategy for economic cooperation between the Arabs and China.
The official spokesman for the Ministry of Foreign Affairs, Ahmed Al-Sahaf, said, "Minister Fuad Hussein assured the Chinese ambassador to Baghdad {Cui Wei} of Iraq's participation in this important summit," noting that "the two sides discussed full preparation for it, especially as it takes place in exceptional circumstances that the region and the world are going through."
The minister explained to the Chinese ambassador Iraq's vision of the solution mechanism, ending the crises that the region suffers from, and its position on all economic and security issues in the region and the world.
The two sides also stressed the importance of strengthening relations between Baghdad and Beijing in all fields for the benefit of the two friendly countries, according to the ministry's spokesman.
In addition, the Arab countries intensified their preparations for the Arab-Chinese summit, which will be held in Saudi Arabia, next month, and organized the agenda of the summit, which is at the forefront of the economic file and the file of enhancing opportunities for a peaceful solution in the region that is living today on the impact of the Russian-Ukrainian war that cast a shadow over the region and the world as a whole.
It is worth noting that China is the largest trading partner of the Arab countries, as the volume of trade exchange between the two countries amounted to about $330 billion, an increase of 37% in the past year, compared to the previous year. LINK
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Courtesy of Dinar Guru
Pimpy There has been a lot of talk about the Iraqi dinar exchange rate change and what we can expect and what is going on...there's been a lot of talk about this up and coming budget...I'm shocked at how fast they're putting this thing together, usually takes forever...I'm hearing from all kinds of people saying don't trust the news, they're lying, the rate change is going to be in there. It goes back and forth...nobody knows...It's all speculation...
Sandy Ingram Article: "Iraq unveils 'strategic project' to boost oil reserves" Iraq is literally floating on oil...Iraq is serious about offshore exploration...they know the oil is there, it's just a matter of getting access to this massive amount of oil...
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Greg Hunter's USAWatchdog.com - FTX Implosion Leads to Chaos in the Streets – Bix Weir
11-16-2022
There is much more in the 34-min interview.
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Bix Weir of RoadtoRoota.com for 11/15/22.
https://rumble.com/v1urn8a-ftx-implosion-leads-to-chaos-in-the-streets-bix-weir.html
Economic Collapse: Russia's Top Banks Have JUST SOLD OFF This US Asset Peter Schiff | Gold Silver
Smart Money: 11-16-2022
BELIEVE IT! US Dollar Collapse Will Accelerate As More People Become SLAVES To The System.
Greg Mannarino 11-16-2022
Economic News From Saudi Arabia, Germany, Russia, China and more.....11-16-2022
.Refusal of peace talks! Germany, Japan, Saudi Arabia continue sanctions against the dollar!
Deepin Moments: 11-16-2022
As we all know, as the world's main reserve currency, the reserves of the world's central banks are invariably dominated by theUS dollar, and almost all international trade is denominated in theUS dollar, with more than 85% of the world's daily trade volume of more than $6 trillion being settled inUS dollars.
With its irreplaceable role in international circulation, theUS dollar has always dominated the world economic system.
Refusal of peace talks! Germany, Japan, Saudi Arabia continue sanctions against the dollar!
Deepin Moments: 11-16-2022
As we all know, as the world's main reserve currency, the reserves of the world's central banks are invariably dominated by theUS dollar, and almost all international trade is denominated in theUS dollar, with more than 85% of the world's daily trade volume of more than $6 trillion being settled inUS dollars.
With its irreplaceable role in international circulation, theUS dollar has always dominated the world economic system.
Saudi Arabia And OPEC JUST ANNOUNCED Deeper Oil Production Cuts That SHOCKS The Entire World
Tech Revolution: 11-15-2022
After the Yom Kippur War of 1967 between Israel and Arab states, a new cartel of oil producers emerged as a major player in international affairs. The Western nations that had supported Israel were cut off from oil supplies by the Organization of Arab Petroleum Exporting Countries.
And this includes Saudi Arabia and the United Arab Emirates. In fact, it was the greatest worldwide shortage of oil. Now, just last month, Saudi Arabia, OPEC and OPEC+ announced deeper oil production cuts that shocked the world.
Beginning in early October, OPEC+, an oil cartel led by Saudi Arabia, announced that it would reduce oil production by 2 million barrels per day. It was a move that would lead to an increase in the price of oil only one month before the midterm elections.
It was said that Riyadh was cooperating with Russia, another major OPEC+ member that would benefit from the shift.
And Senate Majority Leader Chuck Schumer claims that what Saudi Arabia did to aid Putin in his horrible war is unforgivable. Furthermore, he said that the United States will never forget Russia's brutal assault on Ukraine. However, Saudi Arabia pressed for a deeper oil output reduction than Russia's Vladimir Putin.
Two Saudi sources familiar with the discussions said that the Russians were taken aback by this. And this suggests that Riyadh's motivations go more profound than many prominent Democrats are willing to accept. Now, they were afraid of retaliation from the Saudi authorities, so they asked to remain anonymous.
The Saudis reportedly want a much steeper output cut than Russia and the other OPEC+ members first requested. And according to Reuters on September 27th, Russia preferred a cut of 1 million barrels per day, which was just half of what was eventually agreed upon.
Then, on October 5th, OPEC+ declared it would reduce output by 2 million barrels per day. White House National Security Council Spokesperson John Kirby claimed on October 14 that some OPEC+ countries had reservations about the decrease but gave in after being pressured by Saudi Arabia. But he wouldn't say which countries in particular.
But reports say Kuwait, Iraq, Bahrain, and even the United Arab Emirates, a strong friend of Saudi Arabia, are among the OPEC+ nations that have discreetly pushed back against the decrease.
Reportedly, these nations were worried that output cuts might trigger a recession, which would lower the oil demand. According to the sources, Saudi Arabia, a putative friend, pushed for even harsher cutbacks than Russia, a foe of the US, thought they could get away with.
Many in Washington, DC, believe that Saudi Crown Prince Mohammed bin Salman secretly supports Vladimir Putin.
One insider, a Saudi close to the royal family, added, "But I think MBS is even more Putinian than Putin." MBS is Crown Prince Mohammed bin Salman of Saudi Arabia and the country's de facto ruler. The Saudi government has said it made the change for purely economic reasons. And democrats in high places, including the White House, have claimed that the Saudis are working to strengthen their relationship with Russia.
As Kirby put it, "the facts are plain," despite the Saudi foreign ministry's best efforts at spin and deflection. He also said that the OPEC members were aware that cutting oil output would "boost Russian earnings and dilute the effects of sanctions against Russia" during its invasion of Ukraine.
Many prominent Democrats have come to agree with this message. However, analysts claim that the cut is aimed directly at the Democratic Party, which is something that Democratic leaders have been hesitant to recognize in public.
So why did the Saudi government cut production despite US recommendations to the contrary?
ABRAHAM ACCORDS The formalization of ties between the United Arab Emirates and Israel and strategic coordination with Saudi Arabia will lessen the necessity for direct American participation in the area. Moreover, the United States is less important as a neutral third-party mediator and facilitator in the three nations' joint efforts to counter Iran.
Russia and China have also taken the initiative to discuss security and commerce with the United Arab Emirates and Saudi Arabia. Furthermore, the Abraham Accords illustrate how the United States may benefit and suffer from the success of a strategy.
One positive effect for the United States would be fewer American soldiers and fewer resources committed to the Middle East.
"Tidbits From TNT" Wednesday 11-16-2022
.TNT:
Tishwash: An economist diagnoses 3 challenges to the decision to restore the exchange rate
The local economist, Bassem Adnan, identified, on Wednesday, three challenges facing the decision to restore the exchange rate in Iraq.
Adnan said in an interview with Al-Maalouma, "The laws set clear powers for the financial management file in Iraq, and it is within the jurisdiction of the Central Bank, which is considered an independent entity and cannot be interfered with or impose decisions, including restoring the exchange rate to its previous state."
He added, "3 challenges face any decision to restore the exchange rate of the dollar to its previous state, the most prominent of which is the loss of financial liquidity estimated at 22 trillion dinars, which is a large amount, especially since we are facing a period of frequent fluctuations in the oil price exchange, which will make any next step in this direction difficult or even impossible."
TNT:
Tishwash: An economist diagnoses 3 challenges to the decision to restore the exchange rate
The local economist, Bassem Adnan, identified, on Wednesday, three challenges facing the decision to restore the exchange rate in Iraq.
Adnan said in an interview with Al-Maalouma, "The laws set clear powers for the financial management file in Iraq, and it is within the jurisdiction of the Central Bank, which is considered an independent entity and cannot be interfered with or impose decisions, including restoring the exchange rate to its previous state."
He added, "3 challenges face any decision to restore the exchange rate of the dollar to its previous state, the most prominent of which is the loss of financial liquidity estimated at 22 trillion dinars, which is a large amount, especially since we are facing a period of frequent fluctuations in the oil price exchange, which will make any next step in this direction difficult or even impossible."
He pointed out that "Al-Kazemi's government committed grave mistakes that made raising the exchange rate a tool for grinding millions of poor people, because it did not protect the markets and did not put in place mechanisms to prevent monopoly and speculation in basic materials to push prices to rise by a rate ranging between 20-50%."
Dozens of members of the House of Representatives support the decision to return the exchange rate of the dollar to its previous position due to the repercussions of the high prices of basic materials in the markets. link
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Tishwash: Global data talks about Iraq signing contracts worth more than half a billion dollars last October
Iraq came fourth in the Middle East with the value of contracts signed last October, as it signed contracts worth more than half a billion dollars, although there is no clear data on these contracts.
And the British magazine “Med” stated that the value of the “Med Projects” index showed that last October became the third best month for the Middle East markets this year in terms of contracts awarded, indicating that the total of its signed deals amounted to $ 11.3 billion during the past month.
She added that Iraq ranked fourth in the region in terms of the value of contracts that were leaked during the month of October, as it awarded contracts worth $698 million.
The magazine indicated that “Saudi Arabia topped the order of awarding contracts for projects with a value of $4.6 billion, most of which was in the electricity sector, and Qatar ranked second with one deal in the gas sector worth $4.5 billion, while the UAE ranked third in terms of October deals, while it ranked Kuwait ranks fifth in the region, having awarded contracts worth 93 million dirhams.
The Iraqi state did not announce contracts signed with this number, which exceeds half a billion dollars, during last October, which raises questions about these contracts, when they were signed, and related to any investment projects. link
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Tishwash: Iraq contracts auditing firm after 2.53 billion USD disappeared
The Iraqi government contracted an international auditing firm to deal with tax insurance funds after what became known as the ‘theft of the century’ was discovered.
The Iraqi cabinet agreed to authorize the office of the Prime Minister to contract with a major international company specialized in financial auditing after a theft of tax insurance funds was discovered, according to a statement issued by the press office of the Council of Ministers.
The statement added that the approval was granted in order to audit tax insurance funds.
Supervisory authorities previously discovered the embezzlement of more than 3.7 trillion Iraqi dinars (2.53 billion USD) from the General Commission for Taxes, which became known as the ‘theft of the century.’
The Iraqi News Agency (INA) reported in mid-October that an internal investigation carried out by the Ministry of Finance found the money had been withdrawn from the account of the General Commission for Taxes at a state-owned bank.
The Iraqi judiciary issued arrest warrants against those involved in the ‘theft of the century,’ confiscating movable and immovable assets, and seizing real estate belonging to them and their families.
Financial corruption in Iraq is one of the most important and complex challenges facing successive governments running the country since 2003, and which caused drainage of huge wealth.
Prime Minister Mohammed Shia Al-Sudani, during his speech in the Parliament after his government was granted confidence, described corruption as a ‘pandemic,’ and vowed to develop programs and plans to restrict corruption and limit the waste of public funds. link
************
Tishwash: Iraq will participate in the Arab-Chinese summit in Saudi Arabia next month
Iraq announced its participation in the Arab-Chinese Summit to be held in Saudi Arabia next month, which aims to build a strategy for economic cooperation between the Arabs and China.
The official spokesman for the Ministry of Foreign Affairs, Ahmed Al-Sahaf, said, "Minister Fuad Hussein assured the Chinese ambassador to Baghdad {Cui Wei} of Iraq's participation in this important summit," noting that "the two sides discussed full preparation for it, especially as it takes place in exceptional circumstances that the region and the world are going through."
The minister explained to the Chinese ambassador Iraq's vision of the solution mechanism, ending the crises that the region suffers from, and its position on all economic and security issues in the region and the world.
The two sides also stressed the importance of strengthening relations between Baghdad and Beijing in all fields for the benefit of the two friendly countries, according to the ministry's spokesman.
In addition, the Arab countries intensified their preparations for the Arab-Chinese summit, which will be held in Saudi Arabia, next month, and organized the agenda of the summit, which is at the forefront of the economic file and the file of enhancing opportunities for a peaceful solution in the region that is living today on the impact of the Russian-Ukrainian war that cast a shadow over the region and the world as a whole.
It is worth noting that China is the largest trading partner of the Arab countries, as the volume of trade exchange between the two countries amounted to about $330 billion, an increase of 37% in the past year, compared to the previous year. link
Mot: Great Job ---- Siiggghhhhhhh jewlry catalogs
Mot: .. I Thinks I'm Already losing it! – LOL
