"Tidbits From TNT" Friday 2-9-2024
TNT:
CandyKisses: Al-Sayhoud confirms that the government will proceed to remove the occupier from Iraq
Information / Baghdad...
MP for the State of Law Coalition, Mohammed Al-Sayhoud, confirmed on Friday that the government will proceed to remove the US occupation forces from Iraq.
Al-Sayhoud told Al-Maalouma that "the repeated targeting by US forces of Iraqi security sites and national figures is a targeting of autonomy, pointing to "the decision of the House of Representatives to remove US forces from Iraq."
"The government and the government are proceeding with their dialogues with the international coalition to set a timetable for the exit of these forces," he said.
He explained that "the issue of the exit of US forces from Iraq and the handover of military bases is just around the corner, because there are assurances from the Iraqi government to proceed with this issue."
TNT:
CandyKisses: Al-Sayhoud confirms that the government will proceed to remove the occupier from Iraq
Information / Baghdad...
MP for the State of Law Coalition, Mohammed Al-Sayhoud, confirmed on Friday that the government will proceed to remove the US occupation forces from Iraq.
Al-Sayhoud told Al-Maalouma that "the repeated targeting by US forces of Iraqi security sites and national figures is a targeting of autonomy, pointing to "the decision of the House of Representatives to remove US forces from Iraq."
"The government and the government are proceeding with their dialogues with the international coalition to set a timetable for the exit of these forces," he said.
He explained that "the issue of the exit of US forces from Iraq and the handover of military bases is just around the corner, because there are assurances from the Iraqi government to proceed with this issue."
CandyKisses: Al-Zubaidi: America has ambitions in Iraq and will not leave easily
Information / Baghdad...
A member of the Conquest Alliance, Ali al-Zubaidi, on Friday, expressed his conviction that the American occupier will not come out easily, pointing out, "The occupier has ambitions in Iraq."
Al-Zubaidi told Al-Maalouma that "the exit of the occupier will not take place easily, especially since Washington has ambitions in Iraq, represented by the strategic location and many natural resources, indicating that "America seeks to achieve its interests by continuing to stay inside Iraq."
He stressed the importance of "continuing military pressure on the ground to ensure the departure of the occupier and evacuation from the bases he controls inside Iraq."He promised that "the Islamic resistance in Iraq is carrying out major military action against the US occupation forces stationed in military bases in Ain al-Assad and Harir, which are sites for the launch of occupation attacks inside and outside Iraq."
He added, "The US presence in the bases of Ain al-Assad and Harir is a threat to the security and sovereignty of Iraq."
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CandyKises: Baghdad And Washington Discuss Next Sunday The End Of The Mission Of The International Coalition
Baghdad And Washington Discuss Next Sunday The End Of The Mission Of The International Coalition
Yahya Rasool, spokesman for the Commander-in-Chief of the Armed Forces, announced on Thursday that the bilateral high-technical military committee between Iraq and America will resume its work next Sunday to discuss and schedule the termination of the mission of the international coalition in Iraq.
“To discuss and schedule the end of the mission of the international coalition in Iraq, the bilateral high-technical military committee between Iraq and the United States of America, will resume its work next Sunday, February 11, 2024,” Rassoul said in a statement to Earth News.
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CandyKisses: Prime Minister: The government has put the fight against corruption at the top of its priorities
Economy News - Baghdad
Prime Minister Mohamed Shia al-Sudani said that the government has put the fight against corruption at the top of its priorities.
The Prime Minister's Media Office said in a statement, seen by "Economy News", that "Prime Minister Mohamed Shia Al-Sudani received the head of the Lebanese National Anti-Corruption Commission, Judge Claude Karam."
During the meeting, Al-Sudani pointed out that "the Iraqi government has placed the fight against corruption at the top of its priorities, and has made the cooperation of brotherly and friendly countries with Iraq in the issue of recovering looted and wanted funds, a criterion for a successful diplomatic relationship with those countries."
The statement added that "the meeting discussed requests for legal assistance, procedures for receiving those wanted in corruption cases, recovering looted funds, exchanging information on the accused and wanted, and emphasizing the importance of exchanging experiences and techniques that raise the efficiency of workers in the field of combating corruption in the two countries
Mot: . soooooooo - Is Marriage Right fer Youuuuuu!!!????
Mot: ... aaaaaaaaaaaaahhhhhhhh - the Good ole Daze!!! – LOL
News, Rumors and Opinions Friday AM 2-9-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 8 Feb. 2024
Compiled Thurs. 98 Feb. 2024 12:01 am EST by Judy Byington
Texas and 24 US States have (allegedly) applied to join the BRICS Alliance, embracing the new Quantum Financial System (QFS) – a cutting-edge platform backed by gold, poised to revolutionize the way we perceive and conduct financial transactions.
There were reports that because of activation of the QFS, the Federal Reserve Board would be (allegedly) shut down in March 2024. This would also (allegedly) eliminate the IRS. Those tax monies would be replaced by a 14% sales tax on new items only, with no tax on food or medicine – taxes that would be shared with both the federal and state governments.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 8 Feb. 2024
Compiled Thurs. 98 Feb. 2024 12:01 am EST by Judy Byington
Texas and 24 US States have (allegedly) applied to join the BRICS Alliance, embracing the new Quantum Financial System (QFS) – a cutting-edge platform backed by gold, poised to revolutionize the way we perceive and conduct financial transactions.
There were reports that because of activation of the QFS, the Federal Reserve Board would be (allegedly) shut down in March 2024. This would also (allegedly) eliminate the IRS. Those tax monies would be replaced by a 14% sales tax on new items only, with no tax on food or medicine – taxes that would be shared with both the federal and state governments.
On Mon. 5 Feb. the United Kingdom plugged in their new gold-backed Sterling Token to the new Quantum Financial System and(allegedly) went live, joining the other BRICS nations which now included Saudi Arabia and Argentina among other countries. …Charlie Ward
Timing:
Sat. 10 Feb. was the beginning of the Chinese New Year when BRICS countries would be (allegedly) informed of their new currency rates and Tier4b (Us, the Internet Group) funds deposited in Paymaster Accounts on Wed. 7 Feb. would be liquid.
On Thurs. 15 Feb. 2024. Tier4b exchanges and bond redemption will(allegedly) wrap up.
Global Currency Reset Judy Note: What We Think We Know as of Thurs. 8 Feb. 2024:
It has(allegedly) begun. The Chinese Elders have released Dubai 1 Funds into Paymaster Accounts for Tier 1 (countries internationally) that were now liquid and being paid out.
Dubai 2 funds for Tiers 2,3,4a (Groups) were (allegedly) released on Sun. 4 Feb. and would be liquid on Fri. 9 Feb.
Dubai 3 funds for Tier 4b (Us, the Internet Group) were(allegedly) released on Wed. 7 Feb. and would be liquid by at least Sat. 10 Feb.
Sat. 10 Feb. was the beginning of the Chinese New Year when BRICS countries would be (allegedly) informed of their new currency rates and Tier4b funds deposited on Wed.7 Feb. would be liquid in Paymaster Accounts.
Mon. 6 Feb. Wolverine: “I just received news from my contact and he was expecting the call today but he said that everything is lined up for Wed. 7 Feb. We just have to wait for a couple of days. Just for your tranquility let me tell you that this is real as it is happening and the paymaster cannot hold on to that money any longer as it’s not their money as it belongs to the people. It is definitely going to be a beautiful week. Please have faith.” Blessings, Wolverine.
Bombshell! Texas and 24 Other States Seek BRICS Alliance Membership, Triggering Gold-Backed Quantum Financial System Activation! https://amg-news.com/bombshell-texas-and-24-other-states-seek-brics-alliance-membership-triggering-gold-backed-quantum-financial-system-activation-video/
Texas and 24 US States Lead the Charge: (allegedly) Joining BRICS Alliance in Embracing Quantum Financial System (QFS) Backed by Gold!
In a bold move that has sent shockwaves through the global financial establishment, Texas, along with 24 other US states, is spearheading a monumental shift by applying for membership in the BRICS Alliance. This historic decision signifies a resounding endorsement of the Quantum Financial System (QFS), a cutting-edge platform backed by gold, poised to revolutionize the way we perceive and conduct financial transactions.
As the world braces for this paradigm shift, let’s delve deep into the implications and intricacies of this groundbreaking development.
The winds of change are blowing, and the epicenter of this financial earthquake lies in the heart of Texas, where a bold vision for economic sovereignty is taking shape. . .
Read full post here: https://dinarchronicles.com/2024/02/08/restored-republic-via-a-gcr-update-as-of-february-8-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Last year we sent many of you to banks and you came back with the same story, 'They said it's a scam.' Towards the end of December, 'Some of them are telling us it's not a scam and they talk to us.' ...January more and more banks are saying, 'We know. We just don't know when.' That's why I believe that bringing you a bank story with the bank
information can be helpful.
Militia Man There was a kind of documentary out showing how they were destroying triple zero notes. Think about it, if you had printed trillions and trillions of notes, it takes a long time to reduce your note count....The fact they were going to be doing this whole delete the zeros project from the exchange rate they were going to have a use for what? [coins]. They even talked about coins in the last week...The project to delete the zeros, they're still in the process of doing it.
BANK CONTAGION: Janet Yellen Admits MAJOR Risk For Banks As Commercial Real Estate Crisis Unfolds
Lena Petrova: 2-8-2024
Market Crisis Within Months; Bad News For Banks | Michael Pento
Liberty and Finance: 2-8-2024
The Bank Term Funding Program (BTFP) will be ending in March, and the reverse repo liquidity pool is running dry.
Portfolio manager Michael Pento warns that the stock market will feel pressure in the coming months.
The real estate market is also in a bubble, and a mortgage crisis worse than 2008 could be devastating for the banking system, he says.
INTERVIEW TIMELINE:
0:00 Intro
1:18 Stock/bond portfolio
12:20 Inflation & GDP
17:00 Banking system
20:46 Real estate
36:24 Preparedness
Goldilocks' Comments and Global Economic News Thursday Evening 2-8-24
Goldilocks' Comments and Global Economic News Thursday Evening 2-8-24
Good Evening Dinar Recaps,
Joint Statement on the U.S.-UK Financial Regulatory Working Group
Folks, several financial governing bodies have been working together to create new leverage mechanisms that will level the playing field between countries around the world.
There is a growing understanding that these new Digital Payment Systems will create new Global Currency Values going forward.
The following article represents an accumulation of several working bodies in the financial payment sector collaborating new efforts for equalizing trade mechanisms on a Global scale going forward.
This is all part of leveling the playing field we have talked about many times among countries to allow everyone to move forward together inside a new Digital Asset Based Trading System. Treasury UK Gov
© Goldilocks
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Goldilocks' Comments and Global Economic News Thursday Evening 2-8-24
Good Evening Dinar Recaps,
Joint Statement on the U.S.-UK Financial Regulatory Working Group
Folks, several financial governing bodies have been working together to create new leverage mechanisms that will level the playing field between countries around the world.
There is a growing understanding that these new Digital Payment Systems will create new Global Currency Values going forward.
The following article represents an accumulation of several working bodies in the financial payment sector collaborating new efforts for equalizing trade mechanisms on a Global scale going forward.
This is all part of leveling the playing field we have talked about many times among countries to allow everyone to move forward together inside a new Digital Asset Based Trading System. Treasury UK Gov
© Goldilocks
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"The WTO's Global Review of Aid for Trade, scheduled for 26-28 June, aims to integrate trade into development strategies under the theme 'Mainstreaming Trade'. This event addresses supply-side constraints that hinder the participation of developing economies and LDCs in global trade."
LDC stands for least developed countries. In 2021, the least developed countries have been exporting primarily oil, gold, copper, and clothes. The shift to encouraging agricultural exports has been underway ever since that time, and this is beginning to help encourage more trading revenue in the commodity sector that will allow them to compete with some of the larger countries.
This article is telling us that Economic Development between countries are in process of being reformed through the World Trade Organization. Economic development effects currency appreciation as changes to trade ratios create improvement in the standard of living through the World Trade Organization.
We talked about this not too long ago. Countries are working with the WTO in making some of these changes since the early part of this year in late part of last year. These changes improve the quality of living in a country's revenue inspiring new demands on their currency and their values.
There is a meeting this month to go over contracts and establish new trade ratios based upon new demands in countries around the world for goods and services.
Later this year we are reading about a conference that will be held to focus on supply side issues in these Global Trade mechanisms. These shifts will create a More Level Playing Field between countries and new price pressures on their local currencies fulfilling these orders. BNN Breaking ACS AEC
Watch the water.
© Goldilocks
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World’s Best Supply Chain Finance Providers 2024
Technological advancements in digitalization and automation have made supply chain finance (SCF) more accessible and efficient, which has led to a proliferation of platforms and solutions that streamline the processing of invoices and payments, making it easier for companies of all sizes to implement SCF programs.
The increased complexity of supply chains makes managing working capital efficiently much more challenging. SCF can bridge the gap between payment terms and the actual flow of goods—helping buyers and suppliers improve their cash flow by accelerating receivables for suppliers and extending payables for buyers. https://gfmag.com/banking/worlds-best-supply-chain-finance-providers-2024/
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Cybersecurity remains number one risk for global banks | Fin Extra
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Hong Kong General Chamber Of Commerce Urges Government To Consider Yuan-Linked Stablecoin
The Hong Kong submitted proposals for the city’s upcoming budget, asking policymakers to allow the issuance of a stablecoin in China’s yuan.
It said in a Feb. 6 statement that the stablecoin could be be backed by the yuan or a basket of various fiat currencies, including the yuan, Hong Kong dollar and USD stablecoins. Inside Bitcoins
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Swiss Fintech Trade Group Details Vision of “Tokenized Finance” - Fintech Schweiz Digital Finance News - FintechNewsCH
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5G Promises Connected Consumers More Personalized Banking | Pymnts
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"Established in 1964 as a permanent intergovernmental body United Nations Conference on Trade and Development (UNCTAD) is the main authority of the General Assembly in the sphere of trade and development. Its purpose is promotion of trade and development, particularly in developing countries."
The UNCTAD is currently calling for immediate reforms to the global debt framework such as the WTO we have been talking about today to avoid a widespread debt crisis within developing countries.
Many of the decisions you are seeing today on payment systems have had their roots in many years of discussions to get to this point. We are witnessing an implementation stage in the new digital economy taking place as we speak.
When Protocol 20 begins to connect Quantum Technologies from around the world, you are going to see many of the workings of these collective payment bodies from around the world began to implement and formulate new value structures on our new Global economy.
We are witnessing pressures to move forward with a new Financial System from all sides of the world at this time. Volatility in the market is expected, and it will shake out old price patterns and formulate new ones in the transformation of these traditional assets becoming tokenized inside a new commodity-based system. UNCTAD Economy Gov
© Goldilocks
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How does the Soroban Smart Contract Platform work?
https://youtu.be/vV8FLaz1gXY?feature=shared
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Stellar | Soroban | Smart Contracts Platform on Stellar | Stellar
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"Hong Kong is among first to propose crypto reserve requirements for banks aligned with new international standards."
This will go a long way to help approve those stablecoins that are in Hong Kong's current pilot program.
Creating synergistic payment programs between the banking system and crypto through pegging their stablecoins with commodity assets will give a real value to their digital economy and those that trade with them in the sandbox being tested and soon to be regulated. SCMP
© Goldilocks
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Economist's "News and Views" Thursday 2-8-2024
Charles Schwab Just Dropped A Bombshell On The Market
Atlantis Report: 2-8-2024
Charles Schwab has introduced a significant revelation that challenges the prevailing narrative of a soft landing for the U.S. economy.
Despite optimistic projections of inflation returning to the norm without triggering a recession, the complexities of the current economic situation paint a more intricate picture.
To the untrained observer, it seems that the U.S. economy is on the verge of achieving what many economists deemed unlikely or even impossible: a return to inflation without triggering a recession.
Charles Schwab Just Dropped A Bombshell On The Market
Atlantis Report: 2-8-2024
Charles Schwab has introduced a significant revelation that challenges the prevailing narrative of a soft landing for the U.S. economy.
Despite optimistic projections of inflation returning to the norm without triggering a recession, the complexities of the current economic situation paint a more intricate picture.
To the untrained observer, it seems that the U.S. economy is on the verge of achieving what many economists deemed unlikely or even impossible: a return to inflation without triggering a recession.
Bill Holter: Financial system failure is a mathematically 100% certainty Part 1
The Market Sniper: 2-5-2024
Bill Holter: Financial system failure is a mathematically 100% certainty Part 2
The Market Sniper: 2-6-2024
More News, Rumors and Opinions Thursday PM 2-8-2024
TNT:
Russia announces its readiness to fill the tasks of the international coalition in Iraq
Russia announced, on Thursday, its readiness to help Iraq in strengthening the capabilities of its forces, replacing the international coalition forces, in light of the demands presented in Baghdad for the withdrawal of foreign forces.
Director of the Middle East and North Africa Department at the Russian Foreign Ministry, Alexander Kinshak, said in a televised interview that Russia always supports the efforts made by Iraq to ensure stability, security, law and order in this friendly country. link
TNT:
Russia announces its readiness to fill the tasks of the international coalition in Iraq
Russia announced, on Thursday, its readiness to help Iraq in strengthening the capabilities of its forces, replacing the international coalition forces, in light of the demands presented in Baghdad for the withdrawal of foreign forces.
Director of the Middle East and North Africa Department at the Russian Foreign Ministry, Alexander Kinshak, said in a televised interview that Russia always supports the efforts made by Iraq to ensure stability, security, law and order in this friendly country. link
Tishwash: Parliamentarian: America is delaying its exit and is mixing up the cards to pressure and embarrass the government
Member of the Parliamentary Security and Defense Committee, Representative Ali Al-Bindawi, considered today, Thursday, that the United States of America is delaying its exit from Iraq, while indicating that the recent targeting in Baghdad comes as a result of mixing the cards and putting pressure on the Iraqi government and embarrassing it.
Al-Bandawi said in his interview with the “Ola” program broadcast by Al-Sumaria TV, “The international coalition did not hesitate to commit crimes, and this is a violation of Iraqi sovereignty and a disrespect for the Iraqi citizen by targeting a civilian vehicle in the middle of Baghdad’s neighborhoods,” noting that “the United States will continue these attacks and is supposed to respect them.” The sovereignty of Iraq and the government must accelerate the end of the American presence with the support of political forces for the sake of stability of the country.”
He added, "The latest targeting comes as a result of shuffling the cards and putting pressure on the Iraqi government in many directions, most notably putting the government in embarrassment with the citizens, but our people are fully aware of the wrong American policy," indicating that "the intent of these actions is to remain in Iraq for a longer period and achieve salvation."
Of Iraqi patriots, such as the leaders of the Popular Mobilization Forces, who liberated the country from the filth of the terrorist ISIS gangs, through systematic assassinations.
He continued, "The armed factions are supportive of the government and gave it a great opportunity because they have political wings within the state and representatives within the parliament, but the American side was claiming that there was an attack on its bases, so the factions suspended the attacks, and the United States quickly went to violate and violate sovereignty," explaining that "the government Recently, I went to the UN Security Council, and there must be pressure from them on America, and we have a technical committee at a high level that resolves some matters and issues related to the withdrawal of American forces from Iraq.”
Al-Bandawi pointed out that “signatures were collected from representatives to hold an emergency session and discuss the American attacks, and security leaders will be hosted to truly stop these hostile acts,” adding that “the Minister of Defense, after his return from Washington, provided a detailed explanation of the nature of the visit, the most important of which was concluding an agreement to form a technical committee.” The remaining foreign forces present in Iraq will leave with the improvement of the security situation, and this means that there is a real intention of the government to remove the international coalition forces from Iraq.”
He pointed out that "the American contradiction regarding informing the government or not when carrying out strikes is clear evidence of its procrastination in order not to withdraw, and the government will not allow the attack on civilians, soldiers, and guests inside the country. Therefore, there is no coordination regarding the attacks," stressing the necessity of "America respecting the will of the Iraqis and fulfilling its obligations towards Iraq and not to place economic, security and political obstacles in front of the Iraqi government and either support it or remain silent.”
He stated, “Iraq does not need the presence of foreign forces, and we have approximately 2 million fighters distributed between the Ministries of Defense and Interior and other security agencies, and the government informed the American side of the necessity of ending this file and remaining as an embassy, as is the case for other countries,” adding, “The political system, in its meetings abroad, draws a line.” New paths for the government and the role of political leaders, including Mr. Ammar al-Hakim, lies in establishing balanced relations with the countries of the world and the region, contributing to calm and painting a clear picture of moderation and symbolism of the true lover of the country.”
Regarding the recent briefing of UN envoy Plasschaert in the international community, Al-Bindawi said, “It cannot be against American policy, so the attacks were not mentioned in the international community, and if the violations do not stop, the country will be dragged into other paths, including the Iraqi economic file, because everyone knows all of the oil revenues we have.”
The US Federal Reserve,” concluding by saying, “On the security level, planes are roaming the skies of Baghdad without any deterrent, and all of these are dragging the country into a new war, and the international community must maintain the security stability of Iraq.” link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Bruce [via WiserNow] we did get information...that is pointing to this going very soon...So there’s a 4 letter word that we don’t use that often. ...from...main sources...we will be going in for exchanges before or by Friday morning...It looks very good...I think this could be a very interesting week, weekend into next week...
Mnt Goat ...told to me just yesterday by my CBI contact...I was told that of the committee responsible for orchestrating the project to delete the zeros, had a member given a directive to supply a set of quality photos of the newer lower denomination paper currency and the coins. They are then to work with the technical side to deliver these photos and a writeup on the process of how the project to delete the zeros is going to work....I was told that in the coming weeks they were told that a meeting will be scheduled to review timetables for the coordination of all these events...Folks this is amazing news.
SAUDI - U.S. WEAPONS DEAL: Will Saudi Arabia Skip BRICS For U.S. Security Protection?
Lena Petrova: 2-7-2024
It’s Not A Prediction. It’s Arithmetic.
It’s Not A Prediction. It’s Arithmetic. SB
Notes From the Field BY Simon Black (James Hickman) February 7, 2024
[Important Reminder: In case you missed our announcement from January 24, Sovereign Man has merged with Peter Schiff's media group. We are now called Schiff Sovereign, and our founder (Simon Black) has dropped the pen name and is now writing under his real name, James Hickman.]
Thousands of years ago during the late Bronze Age-- most likely between 1100 and 1200 BC, two ancient civilizations were exhausted after nearly a decade of warfare.
On one side was the ancient Achaean peoples led by the Mycenaean king Agamemnon. On the other was a legendary Hittite city that had already been in existence for more than 2,000 years.
Back then the city was called Wilusa. Today we know it as Troy.
The general consensus among historians today is that, most likely, the war did take place. But it obviously lacked the drama and intrigue of Homer’s epic tale, the Iliad.
It’s Not A Prediction. It’s Arithmetic.
Notes From the Field BY Simon Black (James Hickman) February 7, 2024
[Important Reminder: In case you missed our announcement from January 24, Sovereign Man has merged with Peter Schiff's media group. We are now called Schiff Sovereign, and our founder (Simon Black) has dropped the pen name and is now writing under his real name, James Hickman.]
Thousands of years ago during the late Bronze Age-- most likely between 1100 and 1200 BC, two ancient civilizations were exhausted after nearly a decade of warfare.
On one side was the ancient Achaean peoples led by the Mycenaean king Agamemnon. On the other was a legendary Hittite city that had already been in existence for more than 2,000 years.
Back then the city was called Wilusa. Today we know it as Troy.
The general consensus among historians today is that, most likely, the war did take place. But it obviously lacked the drama and intrigue of Homer’s epic tale, the Iliad.
We all know the story: after nine grueling years of war, Odysseus hatched a plan to sneak through the impenetrable gates of Troy. Guided by Athena, the goddess of wisdom and warfare, the Greeks built a hollow statue of a horse and hid their soldiers inside.
The horse was left as a gift for the Trojans with an inscription of goodwill and peace. And, according to Homer’s legend, the Trojans took the bait.
But there were a few people who predicted severe consequences, including a Trojan priest named Laocoon, who famously warned, “Timeo Danaos et dona ferentes.”
Translation: “Beware of Greeks bearing gifts.”
This was a time in human history in which oracles and prophets were a normal part of life. People in the ancient world regularly sought counsel from ‘seers’ who claimed to have some special power to predict the future.
And frankly this addiction to prophesy lasted for thousands of years. Even famous historical leaders into the 19th and 20th centuries like Napoleon, Joseph Stalin, and Adolf Hitler reportedly took advice from fortune tellers and astrologers.
But if we really analyze Laocoon’s legendary warning about the Trojan Horse, he wasn’t making a prediction about the future. He was just looking at obvious facts and exercising good judgment and common sense.
That’s what good ‘predictions’ are anyhow. No one has a crystal ball to see the future like some prophetic oracle from ancient mythology.
And I wanted to be clear about this point… because when we write about future financial consequences, like a debt crisis down the road, or the US dollar losing its reserve status, etc., we’re not making ‘predictions’.
Rather, we’re looking at obvious facts and trends, then exercising good judgment and common sense. And the facts are very clear.
We don’t peer into a crystal ball when we say that the US national debt is set to increase by $20 trillion over the next decade. This is publicly available information pulled directly from the Congressional Budget Office’s own forecast.
It’s not some magical prophesy when we say that Social Security’s trust funds will run out of money in a decade. This information comes directly from the official report of the Social Security Board of Trustees.
Nor are we exercising any special powers when we say that the Federal Reserve is completely insolvent. We’re just looking at the Fed’s own quarterly financial statements which show an unbelievable $1.3 TRILLION in unrealized losses.
You get the idea. There’s nothing mystical about the ‘predictions’ we’re making; we’re simply citing official reports and connecting the dots that almost everyone in the ‘expert class’ chooses to ignore.
Sure, we think that an insolvent Federal Reserve, plus $20 trillion in new debt, plus Social Security’s bankruptcy, will probably have consequences. But we’re also careful to acknowledge where we might be wrong.
I’ve written several times that the US government still has a very narrow window of opportunity to get its house in order. Sadly, they are not taking advantage of that window.
It’s also possible that an AI-led economic boom could dramatically increase productivity and tax revenue in the US, similar to the Internet boom in the 1990s.
But given that there are so many prominent figures in both government and within the AI community itself, trying to restrain AI’s growth, I’m skeptical that an economic boom will happen in time to forestall the most severe consequences of America’s gargantuan debt.
This is why we feel that our analysis is on very solid ground. And that leads me to solutions.
There’s an old Danish proverb (frequently mis-attributed to Mark Twain) which translates as “Predictions are hard. Especially about the future.”
But sometimes they’re not. Or better yet, I’d say that predictions are hard… except when you’re not actually making predictions.
Again, we’re looking at clear and obvious facts.
Social Security, for example, states that the program will “become depleted and unable to pay scheduled benefits” within 10-12 years. That’s not a ‘prediction’. That’s arithmetic.
For rational, thinking people, however, this should not be a cause for panic. Instead, it should be a reason to take action and solve the problem on an individual basis… rather than wait for Inspired Idiots in the government to fix it.
And there are plenty of options. Setting up a more robust retirement structure like a solo 401(k), for instance, allows you to contribute a lot more money for retirement, plus it provides a wider range of investment options like real estate, crypto, and more.
And even if the Inspired Idiots miraculously come together to solve the Social Security problem, you won’t be worse off for having set aside more money for retirement.
Ditto for other risks we discuss.
Real assets, for example, generally tend to perform very well during inflationary periods. Yet many real asset producers are currently trading at historic lows.
There are highly profitable, debt-free, dividend-paying companies out there whose share prices are extremely cheap. And if the future inflation scenario we’ve outlined takes hold, those types of companies typically experience extreme gains.
But if we turn out to be wrong, it’s hard to imagine being worse off buying shares of a successful, dividend-paying business at historic lows.
This is a great way to think about a Plan B: consider solutions that make sense regardless of what happens (or doesn’t happen) next.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
[Important Reminder: In case you missed our announcement from January 24, Sovereign Man has merged with Peter Schiff's media group. We are now called Schiff Sovereign, and our founder (Simon Black) has dropped the pen name and is now writing under his real name, James Hickman.]
https://www.schiffsovereign.com/trends/its-not-a-prediction-its-arithmetic-150109/
"Tidbits From TNT" Thursday 2-8-2024
TNT:
Tishwash: The best in the region... international praise for the infrastructure of electronic payment systems in Iraq
The World Bank confirmed on Wednesday that the infrastructure for electronic payment systems in Iraq is the best in the region.
A statement from the Central Bank received by Mawazine News stated, “The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, received a delegation from the World Bank headed by the Director of the World Bank’s office in Iraq, Richard Abdel Nour.”
He added, "During the meeting, strengthening bilateral cooperation between the Central Bank of Iraq and the World Bank was discussed, and electronic payment projects and financial inclusion were discussed, as well as reform programs to enhance the stability and development of the financial sector."
TNT:
Tishwash: The best in the region... international praise for the infrastructure of electronic payment systems in Iraq
The World Bank confirmed on Wednesday that the infrastructure for electronic payment systems in Iraq is the best in the region.
A statement from the Central Bank received by Mawazine News stated, “The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, received a delegation from the World Bank headed by the Director of the World Bank’s office in Iraq, Richard Abdel Nour.”
He added, "During the meeting, strengthening bilateral cooperation between the Central Bank of Iraq and the World Bank was discussed, and electronic payment projects and financial inclusion were discussed, as well as reform programs to enhance the stability and development of the financial sector."
He explained, "The two parties discussed the support of the World Bank to provide advice in establishing the Riyada Bank dedicated to financing small projects in Iraq, with the support of the International Finance Corporation."
In turn, the World Bank delegation praised “the Central Bank of Iraq’s procedures in facilitating financial transfers to different segments in Iraq,” noting that “the infrastructure for electronic payment systems and software systems in Iraq is among the best systems in the region.” link
CandyKisses: Iraq calls on Washington to return to negotiations to discuss the future of the “coalition”
February 8, 2024 01:22
Aletihad.ae news-The Iraqi Ministry of Foreign Affairs announced yesterday that Foreign Minister Fuad Hussein stressed in a phone call with US Secretary of State Anthony Blinken the necessity of returning to dialogue and the negotiating table to discuss the future of the international military coalition led by the United States in Iraq.
The talks between the two countries began in January, but less than 24 hours later, three American soldiers were killed in an attack on the Syrian-Jordanian border, which led to the talks stopping since then.
The Iraqi Foreign Ministry statement said that during his call with Blinken, Hussein stressed the Iraqi government’s rejection of such attacks and informed him that “Iraq is not an arena for settling scores between rival countries.”
The United States has 2,500 soldiers in Iraq who provide advice and assistance to local forces to prevent the return of the terrorist organization ISIS, which in 2014 took control of large parts of Iraq and Syria before its defeat.
After the withdrawal, Iraq is keen to establish bilateral relations with coalition members, including military cooperation in the field of training and equipment.
Hussein formally called on the US Treasury Department to reconsider the sanctions it imposed on several Iraqi banks, and asked whether those sanctions had been imposed due to compliance issues or “for other political reasons.”
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CandyKisses: "Bombing Baghdad". Khazali calls for official action towards UN Security Council
Shafaq News / The Secretary-General of Asaib Ahl al-Haq, Qais al-Khazali, on Thursday, that "denunciations and condemnations are no longer enough," in a comment on the assassination of Kataib Hezbollah leader "Abu Baqer" by US bombing yesterday in Baghdad.
Al-Khazali said in a tweet on the X website published at an advanced hour, that "the continued American attacks on Iraqi lives, and the violation of the sovereignty of our country, is evidence of the American disregard and disregard for the Iraqi government and people."
He added, "It is clear that it is not in the process of stopping this underestimation and recklessness, but rather it continues its attacks, despite the positive steps taken by the esteemed Iraqi government, and the commitment to calm by the honorable resistance factions."
"It is clear that denunciations and condemnations are no longer enough, which necessitates the need for Iraq to submit an official request to the UN Security Council, demanding the immediate withdrawal of foreign forces," he said.
Khazali also stressed that "Iraq should start implementing practical measures to strengthen its self-defense capabilities against any external aggression."
In this context, according to Khazali's tweet, "the support and solidarity of the Iraqi people becomes essential for the success of these decisive steps, towards restoring full sovereignty over Iraqi territory and airspace, and fortifying the national economy."
The Iraqi Security Media Cell held the United States of America and the international coalition responsible for the repercussions of the killing of "Abu Baqer" and his companions as a result of an aerial bombardment by a drone that targeted a wheel they were traveling in east of the capital, Baghdad.
Meanwhile, an authorized source in the cell said, "Those who targeted a wheel carrying two leaders of the Popular Mobilization Forces in the Mashtal area, east of the capital, Baghdad, are American drones that penetrated Iraqi airspace."
In turn, Kataib Hizbullah confirmed in a statement the death of Wissam Mohammed Saber (Abu Baqir al-Saadi) following the shelling of US forces in Baghdad.
On Wednesday, the US Central Command claimed responsibility for the attack that targeted Kataib Hezbollah leader Abu Baqir al-Saadi in the Mashtal area, east of Baghdad, and said he was responsible for attacks targeting its forces in the area.
Mot: Where is it!!!????
Mot: How many of you thought this was filmed in the ocean
News, Rumors and Opinions Thursday AM 2-8-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 8 Feb. 2024
Compiled Thurs. 98 Feb. 2024 12:01 am EST by Judy Byington
Judy Note: Big announcements were expected to come out of a meeting between President Putin and Tucker Carlson in Moscow on Thurs. 8 Feb. They were also expected to discuss a Global Currency Reset to gold/asset-backed world currencies in the making. It was learned today that Texas and 24 states have (allegedly) applied to join the BRICS Alliance for that GCR. Because of activation of that GCR the privately owned by the Cabal Bankers Federal Reserve and IRS was (allegedly) scheduled to shut down in March 2024 and the US would (allegedly) convert to a flat sales tax on new items only.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 8 Feb. 2024
Compiled Thurs. 98 Feb. 2024 12:01 am EST by Judy Byington
Judy Note: Big announcements were expected to come out of a meeting between President Putin and Tucker Carlson in Moscow on Thurs. 8 Feb. They were also expected to discuss a Global Currency Reset to gold/asset-backed world currencies in the making. It was learned today that Texas and 24 states have (allegedly) applied to join the BRICS Alliance for that GCR. Because of activation of that GCR the privately owned by the Cabal Bankers Federal Reserve and IRS was (allegedly) scheduled to shut down in March 2024 and the US would (allegedly) convert to a flat sales tax on new items only.
Texas and 24 US States have applied to join the BRICS Alliance, embracing the new Quantum Financial System (QFS) – a cutting-edge platform backed by gold, poised to revolutionize the way we perceive and conduct financial transactions.
There were reports that because of activation of the QFS, the Federal Reserve Board would be (allegedly) shut down in March 2024. This would also (allegedly) eliminate the IRS. Those tax monies would be (allegedly) replaced by a 14% sales tax on new items only, with no tax on food or medicine – taxes that would be shared with both the federal and state governments.
On Mon. 5 Feb. the United Kingdom (allegedly) plugged in their new gold-backed Sterling Token to the new Quantum Financial System and went live, joining the other BRICS nations which now included Saudi Arabia and Argentina among other countries. …Charlie Ward
Global Currency Reset Judy Note: What We Think We Know as of Thurs. 8 Feb. 2024:
It has (allegedly) begun. The Chinese Elders have released Dubai 1 Funds into Paymaster Accounts for Tier 1 (countries internationally) that were now (allegedly) liquid and being paid out.
Dubai 2 funds for Tiers 2,3,4a (Groups) were (allegedly) released on Sun. 4 Feb. and would be (allegedly) liquid on Fri. 9 Feb.
Dubai 3 funds for Tier 4b (Us, the Internet Group) were (allegedly) released on Wed. 7 Feb. and would be liquid by at least Sat. 10 Feb.
Sat. 10 Feb. was the beginning of the Chinese New Year when BRICS countries would be (allegedly) informed of their new currency rates and Tier4b funds deposited on Wed.7 Feb. would be liquid in Paymaster Accounts.
Mon. 6 Feb. Wolverine: “I just received news from my contact and he was expecting the call today but he said that everything is lined up for Wed. 7 Feb. We just have to wait for a couple of days. Just for your tranquility let me tell you that this is real as it is happening and the paymaster cannot hold on to that money any longer as it’s not their money as it belongs to the people. It is definitely going to be a beautiful week. Please have faith.” Blessings, Wolverine.
Bombshell! Texas and 24 Other States Seek BRICS Alliance Membership, Triggering Gold-Backed Quantum Financial System Activation! https://amg-news.com/bombshell-texas-and-24-other-states-seek-brics-alliance-membership-triggering-gold-backed-quantum-financial-system-activation-video/
Texas and 24 US States Lead the Charge: Joining BRICS Alliance in Embracing Quantum Financial System (QFS) Backed by Gold!
In a bold move that has sent shockwaves through the global financial establishment, Texas, along with 24 other US states, is spearheading a monumental shift by applying for membership in the BRICS Alliance. This historic decision signifies a resounding endorsement of the Quantum Financial System (QFS), a cutting-edge platform backed by gold, poised to revolutionize the way we perceive and conduct financial transactions.
As the world braces for this paradigm shift, let’s delve deep into the implications and intricacies of this groundbreaking development.
The winds of change are blowing, and the epicenter of this financial earthquake lies in the heart of Texas, where a bold vision for economic sovereignty is taking shape. . .
Read full post here: https://dinarchronicles.com/2024/02/08/restored-republic-via-a-gcr-update-as-of-february-8-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man We're in the process of watching it unfold...Everybody should be able to be excited because the news is collectively showing Iraq is moving to a private sector/market economy and there's partnerships with the public to be able to facilitate it.
Sandy Ingram The CBI must carefully manage the timing of revaluation...[Iraq] has over $100 billion in foreign currency reserves. The IMF has continually said Iraq needs more income streams to offset the oil industry. The Development Road Project and several other manufacturing projects are all a part of increasing Iraq's income streams.
Reset & Dedollization Will Not End The US | Doomberg
Liberty and Finance: 2-7-2024
In the case of a global reset, the U.S. would likely come out remaining quite strong, says Doomberg, substack's #1 paid financial contributor.
With massive hydrocarbon production, America's energy future is bright, he says.
Cheap energy is likely to boost the U.S. economy for years to come, even with a decline in use of the U.S. dollar globally.
INTERVIEW TIMELINE:
0:00 Intro
1:50 G7 funds confiscation
6:04 US dollar hegemony
12:33 Strikes by US
13:50 Oil prices
17:00 Reset & dedollarization
23:58 Investing principles
Goldilocks' Comments and Global Economic News Wednesday Evening 2-7-24
Goldilocks' Comments and Global Economic News Wednesday Evening 2-7-24
Good evening Dinar Recaps,
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received a delegation from the World Bank headed by the Director of the World Bank’s office in Iraq, Mr. Richard Abdel Nour.
During the meeting, they discussed enhancing bilateral cooperation between the Central Bank of Iraq and the World Bank and discussing electronic payment projects and financial inclusion, as well as reform programs to enhance the stability and development of the financial sector.
The two parties also discussed the support of the World Bank to provide advice in establishing the Riyada Bank dedicated to financing small projects in Iraq, with the support of the International Finance Corporation.
In turn, the World Bank delegation praised the procedures of the Central Bank of Iraq in facilitating financial transfers to different segments in Iraq, noting that the infrastructure of electronic payment systems and software systems in Iraq are among the best systems in the region.
Central Bank of Iraq Information Office 7 February – 2024
Goldilocks' Comments and Global Economic News Wednesday Evening 2-7-24
Good evening Dinar Recaps,
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received a delegation from the World Bank headed by the Director of the World Bank’s office in Iraq, Mr. Richard Abdel Nour.
During the meeting, they discussed enhancing bilateral cooperation between the Central Bank of Iraq and the World Bank and discussing electronic payment projects and financial inclusion, as well as reform programs to enhance the stability and development of the financial sector.
The two parties also discussed the support of the World Bank to provide advice in establishing the Riyada Bank dedicated to financing small projects in Iraq, with the support of the International Finance Corporation.
In turn, the World Bank delegation praised the procedures of the Central Bank of Iraq in facilitating financial transfers to different segments in Iraq, noting that the infrastructure of electronic payment systems and software systems in Iraq are among the best systems in the region.
Central Bank of Iraq Information Office 7 February – 2024 https://cbi.iq/news/view/2511
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Economic Reforms in Iraq are currently being implemented. This does not mean it will happen all in one month. Some of these reforms will take place throughout this year.
In other words, the Central Bank of Iraq and the World Bank are currently in process of implementing their new digital asset-based trading system into the Global Markets. https://cbi.iq/news/view/2511
© Goldilocks
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Those of you who have been in this process for some time can remember when Iraq said the following words, "...they would wait for a suitable environment for the re-entrance into the Global Markets." Well, they are beginning the process this month.
© Goldilocks
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Watch interest rates. This is where the game begins.
© Goldilocks
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Commercial real estate is crashing. Workspace offices are on sale globally in almost all businesses you can think of at this time. Regional banks are extremely stressed - again. Business Insider
© Goldilocks
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Janet Yellen: Some banks may be ‘quite stressed’ by empty office building trouble | CNN
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The report noted that “Even if only half of the uninsured depositors decide to withdraw, almost 190 banks are at potential risk of impairment to insured depositors, with potentially $300 billion of insured deposits at risk. Norada Real Estate Investments
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The US dollar currently has a lot of downward pressure on it due to a lack of demand for its use.
This does not mean it cannot be pushed up due to war utilizing the dollar to support those efforts.
Just so you know, the real technicals on the dollar if war wasn't taking place would have brought the dollar to a much lower value by now.
A lot of technical values will begin to change during this war. They certainly will need to be adjusted when they are done. Investopedia
© Goldilocks
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Auto Loan Balances, Subprime, Delinquencies, and Income: Who Are Those Drunken Sailors? | Wolf Street
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Credit-card and car-loan delinquencies are at their highest point in more than a decade | Morningstar
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Janet Yellen: Some banks may be ‘quite stressed’ by empty office building trouble | CNN
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Dow theory is flashing a warning | Finance Yahoo
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Crypto Risks Demand Congressional Action, Treasury Secretary Sounds Alarm | Tron Weekly
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Inflation constricts growth and liquidity in 2024 for banks and credit unions, according to new Wipfli reports | PR Newswire
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The Central Banks all around the world have been accumulating gold for some time. There is a good reason for this, which, we are witnessing take place at this time.
Central Banks provide liquidity for the banking system during times of turmoil and downturns such as the one we are experiencing.
As our Global Economy begins to feel a greater force of inflation creating liquidity squeezes on our banking systems going forward, it will be the role of the Central Banks to utilize our gold holdings to add net worth and value to our banks the dollar can no longer provide.
This movement forward into a greater and greater dependence on gold to deflate our inflated economy will create a bridge into our new economy. ICICI Direct
"All roads lead to gold, and gold will set us free."
© Goldilocks
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When our economy begins to lower interest rates, we will see the Metal Markets begin to rise. At that time, many of our tokenized assets that are backed by gold and other commodities will begin to add value to our new tokenized assets in the new digital economy.
Protocol 20 will bring these new assets into the market through Quantum Technologies interfacing networks that will allow them to work together. This will be again creating real world assets of authentic values going forward.
Depending on where we are in interest rate cuts as our Quantum Technologies begin the process of populating new asset values into the market, we will begin to witness synchronizing efforts between the banking system and the markets begin to flow into them new mechanisms that will guide us forward in our new digital asset based trading system.
For instance, some of the highest demands on Silver going forward ever recorded will begin to raise the price of assets this particular commodity is backing.
Throughout history, silver and gold has been used at times to represent monetary values. They are both coming into play along with other commodity metal assets and rare earth minerals.
Lower interest rates will begin the process of infusing higher values and more liquidity into our markets. All reports continue to tell us to expect great changes as we near the second half of the year.
Everything is going to be tokenized before it's over my friends. Everything. What this tells us is values on these new tokenized assets are about to see new values when the markets pivots or changes direction into the new financial system. Silver Institute
© Goldilocks
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Isaac Posted a Message today!
Hello I will have a great update tomorrow. Blessings!
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On Thursday, the Supreme Court will hear arguments over whether Section 3 of the 14th Amendment bars former President Donald Trump from the ballot in Colorado — the outcome of which could upend the 2024 presidential election.
The court will hear oral arguments in the case on Thursday, Feb. 8.
Both Trump and the Colorado voters who sued to bar him had asked the high court to weigh in and determine whether a part of the 14th Amendment designed to keep Confederates out of government after the Civil War should apply to the former president — and leading contender for the GOP nomination — later this year. NPR
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👆 If you think this doesn't have anything to do with the economy, you better think again.
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Large cryptocurrency miners in US now have to report energy use to the government | Ars Technica
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Used-Vehicle Wholesale Prices Give Up 55% of Pandemic Spike: Historic Plunge after Crazy Spike | Wolf Street
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U.S. SEC Clears 'Dealer' Rule Expansion That Could Rope in DeFi | Coin Desk
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Today, the Commission is considering whether to adopt final rules further defining a dealer and government securities dealer. I am pleased to support this adoption because it requires that firms that act like dealers register with the Commission as dealers, thereby protecting investors as well as promoting market integrity, resiliency, and transparency.
The registration, oversight, and regulatory regime for dealers is a cornerstone of the federal securities laws. It was amongst the first authorities that Congress gave the SEC as part of the Securities Exchange Act of 1934.
When dealers register, they become subject to a variety of important laws and rules that help protect the public, promote market integrity, and facilitate capital formation. Amongst these are meeting minimum capital requirements, reporting data to regulators, and keeping books and records. This regime benefits investors, issuers, and markets alike—and has done so for nearly 90 years. SEC Link 1 SEC Link 2
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Fiscal Fantasies: Janet Yellen is Living in a Grand Illusion : Awake-In-3D
Fiscal Fantasies: Janet Yellen is Living in a Grand Illusion
On February 6, 2024 By Awake-In-3D
In an era where mainstream media’s economic optimism seems at odds with reality, Treasury Secretary Janet Yellen’s reality-challenged view of the US economy and financial system confirms that she’s living in an alternate reality – a Grand Illusion.
From the precarious state of banking post-Silicon Valley Bank collapse to the looming crisis in commercial real estate and questionable claims of fiscal sustainability, let’s take a look at the stark contrast between official narratives and the underlying economic disaster through the lens of reality.
Fiscal Fantasies: Janet Yellen is Living in a Grand Illusion
On February 6, 2024 By Awake-In-3D
In an era where mainstream media’s economic optimism seems at odds with reality, Treasury Secretary Janet Yellen’s reality-challenged view of the US economy and financial system confirms that she’s living in an alternate reality – a Grand Illusion.
From the precarious state of banking post-Silicon Valley Bank collapse to the looming crisis in commercial real estate and questionable claims of fiscal sustainability, let’s take a look at the stark contrast between official narratives and the underlying economic disaster through the lens of reality.
Banking on Thin Ice
As Silicon Valley Bank’s collapse sent shockwaves through the financial system, Treasury Secretary Janet Yellen’s reassurances seem more like wishful thinking than a realistic appraisal.
Despite a hastily assembled “package of measures,” the specter of a broader banking crisis looms large, raising questions about the efficacy of these interventions.
The admission that some banks remain “quite stressed” only adds to the growing incredulity surrounding the official narrative.
Commercial Real Estate: The Ignored Elephant in the Room
Yellen’s concern over the “nationwide issue” of empty office buildings clashes starkly with her overall positive economic outlook.
Despite regulatory efforts to mitigate risks, the real estate sector’s woes appear to be a ticking time bomb, conveniently downplayed.
Can building reserves and adjusting dividend policies truly stave off the looming crisis, or are these measures just bandaids on a bullet wound?
A Job Market Mirage?
The Treasury Secretary’s confidence in the job market boom and low unemployment rates paints a picture far removed from the daily realities of many Americans.
While boasting of a labor market “at least as strong as it was prior to the pandemic,” the narrative conveniently glosses over the underemployment and job quality issues that plague the workforce.
The Unsustainable Path of Fiscal Health
Perhaps most bewildering is Yellen’s claim of steering the US towards fiscal sustainability. With national debt surging and economic growth being outpaced, her optimism seems misplaced.
The contrast between Yellen’s assurances and her predecessor, Jerome Powell’s stark warning of an “unsustainable fiscal path,” is striking. One can’t help but wonder, where does the truth lie?
Outperforming or Out of Touch?
Yellen’s comparison of the US economy to other advanced countries, touting “the strongest growth” and significant inflation reduction, appears overly simplistic.
Talking up the cleanest dirty shirt in the laundry basket doesn’t inspire confidence in her grasp on the situation every day Americans face.
In a global economy rife with warning signs, such broad strokes seem disconnected from the nuanced realities facing the international community.
A Reality Check Needed
Yellen’s portrayal of the US economy and financial system as robust and on the right path is increasingly hard to reconcile with the underlying challenges.
From banking vulnerabilities to real estate risks and fiscal sustainability concerns, the gap between official statements and the economic realities suggests a narrative deeply infused with fiscal fantasies.
Supporting Article: Janet Yellen: Some banks may be ‘quite stressed’ by empty office building trouble
© GCR Real-Time News
Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D
https://ai3d.blog/fiscal-fantasies-janet-yellen-is-living-in-a-grand-illusion/
A Lost Republic: The Role of International Bankers in Establishing the ‘United States’ Corporation (Part 2)
A Lost Republic: The Role of International Bankers in Establishing the ‘United States’ Corporation (Part 2)
On February 5, 2024 By Awake-In-3D
Continuing from Part 1 in this article series, this concluding part explains how international bankers emerged as a pivotal force behind the scenes and influenced the financial and political landscape of America, specifically around the period of the District of Columbia Organic Act of 1871.
This era, marked by economic vulnerability and post-Civil War reconstruction challenges, provided a fertile ground for financial maneuvering on an international scale.
Among these financial players were the Rothschilds of London, a legendary banking family synonymous with wealth and power in banking circles for generations.
A Lost Republic: The Role of International Bankers in Establishing the ‘United States’ Corporation (Part 2)
On February 5, 2024 By Awake-In-3D
Continuing from Part 1 in this article series, this concluding part explains how international bankers emerged as a pivotal force behind the scenes and influenced the financial and political landscape of America, specifically around the period of the District of Columbia Organic Act of 1871.
This era, marked by economic vulnerability and post-Civil War reconstruction challenges, provided a fertile ground for financial maneuvering on an international scale.
Among these financial players were the Rothschilds of London, a legendary banking family synonymous with wealth and power in banking circles for generations.
The Civil War, a calamitous period in American history, not only tested the fabric of the nation but also its coffers, leaving the United States in a state of financial exhaustion. It was during this time that international bankers saw an opportunity to extend their influence.
Contrary to accepting direct loans from these international financiers, which would come with strings attached and potentially compromise the nation’s autonomy, the U.S. government sought alternative ways to finance its recovery and reconstruction efforts.
The issuance of Greenbacks (America’s first issuance of a national Fiat Currency) was one such measure, designed to finance the war without succumbing to the pressures and conditions of foreign banks.
However, this move alone was not sufficient to ward off the influence of international banking interests.
Among these financial players were the Rothschilds of London, a legendary family synonymous with wealth and power in banking circles for many generations.
Their relentless pursuit of influence in American finances was not merely opportunistic, but part of a broader strategy to secure a financial stronghold in the burgeoning economic landscape of America.
The establishment of a federal municipal law was a clever mechanism to bind the future economic activities of the nation to the interests of these banking powers.
The Act of 1871, while ostensibly created to provide a governmental framework for the District of Columbia, also opened doors for these bankers to solidify their foothold in American economics.
By establishing a federal municipal law for the newly created federal citizens, the Act inadvertently created a new customer base for the banks and introduced a system wherein the American populace would become increasingly entangled in the financial strategies of both domestic and international bankers.
This new Banking Corporatocracy leveraged the establishment of America’s new National Banking System enacted by President Abraham Lincoln via the National Banking Act and the National Currency Act in 1863 and 1864. This set the legal and structural stage to establish The Federal Reserve Act and Bank in 1913.
This strategic positioning by the bankers was not an act of generosity or a mere financial transaction; it was a calculated move to ensure their dominance in the financial operations of the new, ‘United States’ corporatocracy.
The transformation has led to an environment where the concept of freedom is more myth than reality, as individuals find themselves subject to an ever-expanding array of regulations, statutes, and contractual obligations that dictate their behavior and limit their liberties.
The establishment of a federal municipal law was a clever mechanism to bind the future economic activities of the nation to the interests of these banking powers.
The implications of these developments came swiftly and resolutely.
The shift from a system of rights and liberties under the original Constitutional framework to a regime of privileges under a corporate governance model facilitated by the Act of 1871 marked a significant transformation in the American Republic.
The involvement of international bankers in this transition underscores their role not just as financial entities but as influential actors in the shaping of a nation’s destiny.
Americans Today are Living Under a Corporatocracy – Ignorant and Compliant
The changes initiated by the Act of 1871 continue to resonate in contemporary America.
The corporate governance model affects virtually every aspect of American lives, from the legal system and law enforcement to education, healthcare, and the economy.
This model prioritizes economic interests and efficiency over individual rights and liberties, leading to a society where corporate entities wield significant influence over public policy and decision-making.
The implications for everyday Americans today are profound.
It established a municipal corporation that, over time, has blurred the lines between the sovereign rights of the people and the privileges granted by a corporate state.
The transformation has led to an environment where the concept of freedom is more myth than reality, as individuals find themselves subject to an ever-expanding array of regulations, statutes, and contractual obligations that dictate their behavior and limit their liberties.
The notion of voluntary compliance with the system, driven by a combination of ignorance and apathy, has facilitated the perpetuation of this corporate governance model, further entrenching its influence over American life.
Moreover, the shift from a system based on inherent rights to one governed by statutory privileges has profound implications for the concept of citizenship itself.
Individuals are increasingly treated as customers or subjects within a corporate state, rather than as sovereign citizens of a republic.
This redefinition of the relationship between the individual and the state has led to a gradual but unmistakable dilution of the principles of liberty and self-governance that once defined the American experiment.
Bottom Line: There’s a Profound Difference Between the Original Constitutional Republic ‘United State of America’ vs. The ‘United States’ Corporation
This article outlined a seldom-discussed chapter of American history, uncovering the fundamental transformation of the ‘United States of America’ from the original Constitutional Republic, envisioned by the Founding Fathers, to the ‘United States’ corporate entity shaped by the Act of 1871.
This shift, driven by economic vulnerabilities and the strategic interests of international bankers, has redefined the essence of American governance and the very notion of our individual rights and freedoms within its borders.
The historical backdrop set against the aftermath of the Civil War highlighted the precarious situation America found itself in, leading to the enactment of the Act of 1871. This legislation, while ostensibly aimed at providing a governmental framework for the District of Columbia, effectively ushered in a new era of corporate governance.
It established a municipal corporation that, over time, has blurred the lines between the sovereign rights of the people and the privileges granted by a corporate state.
The role of international bankers in this historical narrative cannot be overstated.
Their influence in shaping the financial destiny of the post-Civil War America has had lasting implications, embedding a commercial ethos at the heart of American governance. This transformation has far-reaching consequences, affecting the daily lives and liberties of American citizens up to the present day.
The shift from tangible freedoms to a system of regulated ‘privileges’ (such as personal driving licenses) underlines the profound impact of the Act of 1871 and international banking interests on the American Republic.
The transition from a system of inalienable rights to one governed by ‘statutes and regulations’ challenges the core principles of freedom and liberty for all Americans.
Read Part 1 of this article series: https://ai3d.blog/a-lost-republic-the-strategic-overthrow-of-american-sovereignty-part-1/