Money Mentor: A Trusted Financial Companion

Money Mentor: A Trusted Financial Companion

June 12, 2020 by One Frugal Girl

Where do you go when you need to talk about money? Do you have a money mentor in your life? A trusted source who can listen to your financial questions and provide you with monetary guidance.

It doesn’t matter if you are financially savvy or have absolutely no idea how to manage your money. We all need a way to bounce ideas around with someone who is willing to listen. A money mentor allows us to talk about money matters and financial decisions without judgment or worry.

Money Mentor

What is a money mentor? A money mentor is a friend, family member, or coworker who openly talks about money. A financial companion who shares ideas about money management, budgeting, spending, and saving.

A money mentor shares their knowledge and experience. They help us think through difficult financial topics and questions. By learning about financial experiences we can make better, more informed decisions.

A money mentor can act as a sounding board for questions like:

Does it make sense to save for retirement while paying off my student loans?

How much should I save for a downpayment on my first house?

What is the best way to ask for a raise?

Money mentors are not trained, financial advisors. They do not charge fees. They are simply close friends, companions, and financial enthusiasts who allow us to think through money matters with ease.

Talking About Money with a Money Mentor

Very few of us feel 100% confident and comfortable with our financial decisions. We worry about spending, saving, debt, and retirement, but we rarely discuss our financial concerns. As long as money remains a taboo topic most of us continue to remain silent about financial matters.

Unfortunately, closing the door on financial conversations forces us to make vital decisions in the dark. We take our best guesses rather than openly discussing our thoughts and ideas with those who can guide us.

Wouldn’t it make more sense to talk to a trusted source about our financial concerns?

Easing Financial Anxieties with a Money Mentor

Why don’t we openly talk about money? Why is money still a taboo topic? Discussing financial topics can be extremely difficult, downright scary, or absolutely anxiety-inducing. Unfortunately, we live in a world where many people equate net worth with self-worth.

This can lead many of us to feel embarrassed by debt, low salaries, or bad financial decisions we’ve made. When we discuss financial figures we open ourselves up for comparison. We worry that others will view us as less important or less capable. But it is this shame and embarrassment that leads us to make financial mistakes in the first place. When we are ashamed to speak up we cannot learn, grow, or do better.

To continue reading, please go to the original article here:

https://www.onefrugalgirl.com/2020/06/money-mentor/

Lynette Zang, TNT, C365 and more......Monday Afternoon 6-15-2020

CASH ADVANCES, VELOCITY OF MONEY… Q&A WITH LYNETTE ZANG AND ERIC GRIFFIN

Jun 15, 2020

Some of today’s questions:

Axiom Curb Community: What about the new patent that VISA applied for?

Steven R: Is the Corona virus a tool to slow down inflation? S lowdown the velocity of the money??

Craig W: How do you see a currency reset playing out for countries like Canada that don’t have gold reserves

Littledot 777: Has the FED been taken into the treasury and if yes, does DJT have control over it now? What does that mean for American C banks and people?

https://youtu.be/V30JLVjdsho?t=3

TNT:

Harambe:  Bloomberg: How the Coming Crash in the Dollar Will Unfold  

(6/14/20)

Scorn has long been heaped on those daring to question the supremacy of the U.S. dollar as the world’s dominant reserve currency. I certainly received more than my fair share in reaction to a column I recently wrote for Bloomberg Opinion on the likelihood of a sharp decline in the greenback. The counter-arguments were strong and highly political, basically boiling down to the so-called TINA defense – that when it comes to the dollar, “there is no alternative.”

That argument is very important in one critical sense: The dollar, like any foreign-exchange rate, is a relative price. As such, it encapsulates a broad constellation of a nation’s value proposition — economic, financial, social, and political — as viewed against comparable characterizations of other nations. It follows that shifts in foreign-exchange rates capture changes in these relative comparisons — the U.S. versus Europe, the U.S. versus Japan, the U.S. versus China, and so on.

My forecast that a 35% decline in the value of dollar could well be in the offing is couched in terms of the comparison between the U.S. and the currencies of a broad basket of America’s trading partners. Individual components in this basket are weighted by country-specific trade shares with the U.S. and expressed in real terms to capture shifting inflation differentials. As an economist, I care most about currency-related shifts in international competitiveness. The real effective exchange rate, or  REER as calculated monthly by the Bank for International Settlements, is particularly well suited for this task. 

In dissecting the TINA critique of the weak-dollar forecast, it helps to start with the weighting structure embedded in the REER to get a sense of which of the some 58 country-by-country relative comparisons might matter the most in pushing the BIS construct of the broad dollar index lower. Based on cross-border manufacturing trade flows, the BIS assigns the largest weights to China (23%), the euro area (17%), Mexico (13%), Canada (12%), and Japan (7%). These five countries (region in the case of the euro area) account for 72% of the total trade weights in the broad U.S. dollar index. An additional 13% comes from countries six through 10: South Korea, the U.K., Taiwan, India and Switzerland. Weights of the top 10 account for 85% of America’s cross-border trade.

On this basis, a forecast of a weaker dollar requires some combination of a strengthening in China’s renminbi and the euro. The currencies of America’s USMCA partners (formerly NAFTA) — Mexico and Canada — also matter a good deal in that they account for 25% of U.S. manufacturing trade. The yen is now of little consequence to movements in the broad dollar index, given its sharply reduced trade weight. 

The China call is very contentious. From the trade war to the coronavirus war to the distinct possibility of a new Cold War, the negative case for China has never been stronger in the U.S. than it is today. Notwithstanding these concerns, the broad renminbi index constructed by the BIS is up 53% from its December 2004 lows in real effective terms.

As long as China stays the course of structural reform — shifting from manufacturing to services, from investment- and export-led growth to consumer-led growth — and embraces a further liberalization of its financial system, the case for further currency appreciation remains compelling, even in the face an increasingly fraught relationship with the U.S.

The call on the euro is also counterintuitive, especially for a broad consensus of congenital euro-skeptics like me. That goes back to my Morgan Stanley days when I argued that an incomplete currency union — especially the lack of a pan-European fiscal transfer mechanism — could not withstand the inevitable stress of asymmetrical shocks.

I now have to concede that reports of the euro’s imminent death have been greatly exaggerated. Time and again, especially over the past 10 years, Europe has risen to the occasion and avoided a catastrophic collapse of its seemingly dysfunctional currency union. From Mario Draghi’s 2012 promise to do “whatever it takes” to save the euro from a sovereign debt crisis to the recent Angela Merkel-Emmanuel Macron commitment to a Next Generation European Union Fund of 750 billion euros ($855 billion) to address the coronavirus crisis, the great European experiment has endured extraordinary adversity. With the trade-weighted euro 15% below its April 2008 high, there is unmistakable upside for the most unloved currency in the world. 

With China and the euro zone accounting for 40% of U.S. trade, I would be the first to concede that the math of a dollar crash won't add up unless those two currencies rise significantly, as I expect. Moreover, with both economies plagued by long standing current-account surpluses — albeit sharply reduced in China in recent years — currency appreciation is the classic cure for such imbalances.

Movements in other currencies should reinforce that outcome. That is especially true of yen, which should draw support from Japan’s relatively successful Covid-19 containment strategy. The same can be expected from the U.S.’s USMCA partners, Mexico and Canada, both of whose currencies were hit hard earlier this year by the lethal combination of the coronavirus shock and a stunning collapse in world oil prices.

The plunge in the peso was exaggerated by an unwinding of so-called carry trades during the meltdown of U.S. equities in late March. Barring a double-dip recession in the global economy, haven plays into the dollar should unwind over the balance of 2020 and into 2021, reinforcing the negative case for the dollar. And although cryptocurrencies and gold should benefit from dollar weakness, these markets are too small to absorb major adjustments in world foreign-exchange markets where daily turnover runs around $6.6 trillion.

Alas, the TINA argument doesn't stop there. The counter to my case for dollar weakness also rests on the reserve status of the U.S. currency as the linchpin of world financial markets. All trading nations, goes the argument, have to hold the dollar as the price for doing business in an increasingly integrated dollar-based world economy.

Even so, the dollar’s share of official foreign-exchange reserves has declined from a little over 70% in 2000 to a little less than 60% today, according to the BIS. That downtrend could gather momentum in the years ahead, especially with the U.S. currently leading the charge in de-globalization and decoupling. With America’s share of reserves well in excess of its share in world GDP and trade, such a correction might well be inevitable in an increasingly fragmented, multi-polar world. 

If TINA is the dollar’s only hope, look out below. America’s saving and current-account problems are about to come into play with a vengeance. And the rest of the world is starting to look less bad. Yes, a weaker dollar would boost U.S. competitiveness, but only for a while. Notwithstanding the hubris of American exceptionalism, no leading nation has ever devalued its way to sustained prosperity.

https://www.bloomberg.com/view/articles/2020-06-14/dollar-crash-how-will-it-unfold

Courtesy of Dinar Guru

Jeff  ...you've seen some of the best news that you ever have just in the past month - month and a half...there were two delays.  They completed one. Two weekends ago they finished the formation of the government...They are finishing the last delay this week of June 17th.  This is the budget agreement between Baghdad and Erbil...they're gonna finish that this week...they want to get everything done before the period of June 21st so they could actually...RV over June 21st...it's as clear as day now...they're pretty much telling you they want to change the rate most likely over the weekend of June 21st...

Footforward   [next week from Monday Iraq has their expo conference. You think they would have their stuff together by then to show their currency?]  It would make sense. But the only ones going to that are the ones who know Iraq had a future.  [...like frank [Guru Frank26] said...there had to already been arrangements with their currency by now if they were coming. He mentioned over 150 countries were there already. I think the rate has changed behind the scenes, just not publicly yet.]  these countries definitely know what's going on. But...They can't have two different rates...They have been doing contracts based on a revalued dinar. But even those are really no good until they RV. And that has to be public and in the open. International rate.  [Can’t have foreign investors come into your country unless they go international! Can’t go international unless they revalue!]  absolutely!

**

Currency365

Iraq Must Free Their Markets To Receive Real USA Support

Jun 15, 2020

https://www.youtube.com/watch?v=I01TN1QYA8c

KTFA Members "News and Views" Monday PM 6-15-2020

KTFA:

Tink:  PLEASE JOIN US FOR A PRAYER CALL FOR FRANK’S HEALTH ISSUE

MONDAY JUNE 15TH 7PM EASTERN TIME

605.313.5164    PIN: 156996#

ALSO STREAMED ON :YouTube Channel:   Tinyurl.com/frank26videos

PLAYBACK : 605.313.5163    PIN: 156996#

************

Samson:  US wants to encourage American investment in Iraq: State Department spokesperson https://t.co/LVLnvyJ0jl — U.S. Consulate General Erbil (@USConGenErbil) June 14, 2020

PompeyPete:  No one touching it without an International currency !

Don961:  Foreign: Kuwait has expressed its economic support to Iraq

Political| 07:46 - 15/06/2020  Baghdad - Mawazine News, The

Ministry of Foreign Affairs confirmed, on Monday, that Kuwait has shown great support in terms of economic and coordination.

"The visit of the Kuwaiti Foreign Minister, Ahmed Nasser Al-Sabah, came with the aim of strengthening the relationship between the two countries, exchanging views and proposing ways and capabilities available to get out of the economic crisis in light of the Corona pandemic and low oil prices in a way that is in the interest of both countries," said ministry spokesman Ahmed al-Sahaf, according to the official agency. .

He added, "Kuwait expressed its great support at the economic level and the level of coordination for the work of the Iraqi-Kuwaiti committee to be held soon, which would follow up on all the files and outstanding affairs between the two sides."

Al-Sahaf pointed out that "Foreign Minister Fouad Hussein discussed with his Kuwaiti counterpart the necessary support between Iraq and Kuwait at the level of the Gulf Cooperation Council and the energy linking file, as well as Iraq’s presence in international forums and related to strengthening the role of Iraq and maintaining it as a source of strength in the region." End / 29 / h LINK

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Samson:  Deputy for Al-Fateh: It is not possible to complete the current year without approving a budget

09:07 - 15/06/2020
The deputy from the Al-Fateh Alliance Fadel Jaber said that the current year cannot be completed without approving any budget, pointing out that Parliament will pursue the matter in order to vote on a budget even for the remaining months.

Jaber said to "The Information", that "the financial crisis that ravaged the world and Iraq in particular can be overcome, especially with the recovery of the money that the region has in relation to border ports and oil imports."

He added that "the current year cannot go without any budget approved for it, as a vote must be voted on for the remaining months in order to prepare for the budget for the next year," noting that "Parliament will intervene in the matter in order to know the financial situation of the country and approve a budget for the remaining months”.

And that "a lot of budget financing chapters are available at the present time to overcome the current crisis away from deducting the salaries of employees and retirees, using the revenues of ports, airports, agriculture, industry, taxes and tourism."   LINK

Don961:  The arrest of a gang that sells and promotes counterfeit currencies in Baghdad

Editing Date: 6/14/2020 20:49 Ayna News -

Baghdad, the intelligence agency detachments arrested, on Sunday, a gang working with selling and promoting counterfeit currency in the capital, Baghdad.

"The intelligence agency detachments in the Ministry of the Interior, in cooperation with a detachment of the Federal Police, arrested three suspects in Baghdad who were working to sell and promote counterfeit currency," the agency's media said in a statement.

He added that "they were arrested with the crime, and they possessed 190 false class 100 US dollars, a Berta type pistol, and a wheel set used for transportation. The counterfeit currency was seized with a fundamental arrest record and the defendants were referred to the competent authorities."  LINK

************

Samson:  Do we need a translation between the old paper transactions system for Iraqi banks and the new system based on electronic banking systems ?

15th June, 2020

I often had this question, there and amid the chaos of daily work, I always kept repeating this question with myself, do we need this translation

Everyone has become aware of the importance of electronic systems for banks, which are called banking systems (Core Banking System). Perhaps the Central Bank of Iraq is the first sponsor and supporter to direct banks towards the acquisition of banking systems of all kinds and urge banks to apply them and make them a condition of evaluation conditions for Iraqi banks because of their importance Significant in developing the banking sector in Iraq and moving to electronic systems instead of paper-based systems based on records, books and folders

But, through his vision, there is a large group that still prefers paperwork over electronic systems, and there has always been an argument that does not resolve between supporters of the paper system, records, and books, and between supporters of electronic banking systems, and I, among them, worked in the banking system department of one of the large and ancient Iraqi banks, and in my opinion, This controversy will remain present in all other Iraqi banks in particular

Here it was necessary to find a solution that satisfies both parties, so whatever we try to explain to the supporters of the paper transaction system and the electronic banking system and the way it works, we clashed with them with two important things

The first: the vast majority of them, especially the elderly of them, are not good at using a computer or computer

The second: their lack of acceptance of the electronic system and the new way of handling automatic operations within the banking system, and here we would like to note that we have all the respect and appreciation of these cadres as the basis from which we draw scientific and practical experience and that is translated into the electronic banking system

And now we have to translate between the old paper-based transactions system, which has become inconsistent with the volume of business and its development around the world and the new electronic system, for example that the registration document number translates to = the transaction number in the banking system or what is called (Transaction Number) and that the authorization of the accounting registration document is from During the signature of the person previously authorized on the document, it is now translated to = Transaction Approval in the Banking System (Transaction Approval)
And isolated treasurers in another corner away from other employees translate into = so-called PAL (Teller) is the same employee who executes the process on the banking system and receives and delivers money directly with the customer or customer

With this development in electronic banking systems, the method of control and auditing of paper transactions in the past has also become ineffective with the electronic banking system, where the audit process must be electronically and using the same system and its reports

Ultimately, with the Central Bank continuing to develop and support electronic banking systems and pushing private and government banks to develop their systems as well, I expect that in the next five years we will be able to conduct banking operations via mobile devices and from home without the need for routine reviews and long waits in circles and banks

Ibrahim Mohamed, Amin Mohamed  -  Director of Risk Management, Kurdistan International Islamic Bank   LINK

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Samson:  Parliamentary endowments reveal a trend to limit official holidays

15th June 2020
The head of the Endowments and Religious Affairs Committee in the House of Representatives Hussein Al-Yasari revealed a trend in the committee to reduce official holidays in the law related to this and increase working hours in state departments.

Al-Yasari said in a press statement today that the committee had previously discussed with Speaker of Parliament Muhammad Al-Halbousi the activation of the law on religious and national official holidays and reading it for the first and second time and then legislating it, but the conditions of the ban prevented that. He added, "The committee fully believes that the holidays in Iraq, whether official or others, exceeded what exists in the countries of the world, as well as the conditions of the curfew that prevented many countries, including Iraq, from continuing to work in the districts, which contributed to the delay in completing the transactions of citizens that are related to their lives." Daily, which makes us in constant discussions with specialized agencies to reduce them."

The leftist asserted that "the committee seeks to establish important events that have contact with citizens as the day of the declaration of victory over ISIS, or the national day for Iraq on the third of October, and on July 14 to announce the republican system in Iraq as holidays, and to add religious holidays, which are the first and tenth of the month Muharram, the Prophet’s birthday, the days of Eid al-Fitr and the blessed Sacrifice, and add a proposal to announce a public holiday on December 25 to mark the anniversary of the birth of Christ.

The Chairman of the Endowments and Religious Affairs Committee indicated that "there is a proposal to entrust a limited number of these holidays to the governors after the approval of the Council of Ministers, and that the name of the law (the Law of Official Holidays and Memorabilia), such as celebrating the teacher's day or the popular uprising in which there will be no official holiday.

LINK

PIR, Bix Weir and Pimpy Monday 6-15-2020

Patriot intel Report

PIR 06 15 20

Anomalous activity is going on all around the world…..Everything is in the red. I mean everything!

The futures in the US-Red, The European markets-Red, Asian-Red, cryptos-Red.  This is not normal.

They are saying that US futures and European stocks slump over concern of infections of Covid19….even though the news is out there that this was no more severe than a normal flu.

Whatever is going on here I think it’s a cover for major economic changes. We have been talking for months about infrastructure and about how the infrastructure is the key to big financial changes coming.   Well, POTUS over the weekend saying they were expecting a 2 Trillion dollar stimulus package.

In this stimulus package he is demanding that there be infrastructure money in it.  I will remind everyone that he has said in the past that about currencies that “ Currencies will be equel and on par with one another globally” .  That would be what we would call a Global Currency Reset or a Currency Adjustment. 

He has also publically talked many times about the infrastructure and infrastructure bill that has “Trillions of dollars of private money sitting on the sidelines waiting to enter the US economy” when the infrastructure bill is passed. When he and his team were asked who is this, and where is this private money coming from?” there has never been an answer.

Now about Chinese Historical Bonds. There was an article from Fox business news a few weeks ago along with others.   They had to do with groups of individuals here in the US who are bond holders of these Historic Chines bonds and about trying to get them redeemed with the Chinese Government. There have been meetings with the Trump administration and Chinese Governement about this . There is a historical precedent for redemption of these bonds. This happened in the UK…..There is a lot going on behind the scenes about this.

Changes are coming….To build a new financial system…you have to take away the old….there will be some shake up. Q has said the Fed will be restructured…..and The Fed has now been absorbed into the Treasury….and they are now one and the same.

The Petro dollar is dead.

https://youtu.be/W5cb_d3ain8?t=2

USA! Preserving Our FREEDOM in this Transition! (Bix Weir)

RoadToRoota:  Jun 15, 2020

It's looking more and more like there will be NO WINNERS in the battle between the Good Guys and Bad Guys.

The Left is solidly entrenched and the Right is solidly entrenched...there is no middle ground at the moment.

Stalemate means it's up to We the People to make our way forward individually and in local groups. I guess that's what Freedom means!

Best of luck to all of us.

https://youtu.be/Hh6wKCFprx0?t=5

Pimpy’s Investment Chat

Iraqi Dinar News 06/15/20 - we are getting closer

https://youtu.be/MuwGHSW5vIo?t=2

"Coffee with MarkZ" Monday Morning Chat 6-15-2020

Emailed to Recaps:

MarkZ  Monday 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

MZ: No big news over the weekend….I am hearing from Reno that they are positioning for tonight.

MZ: there are a number of HSBC appointments scheduled for early tomorrow in both Asia and Zurich.So hopefully we are about to see things roll out.

Q: What do you mean by “scheduled?

MZ: Internationally speaking, HSBC have a number of, what should be, dollars and exchanges scheduled for tomorrow.

Member:  Isaac also said he would be liquid on Wednesday

Member: isaac’s paymaster is flying to Zurich for him

MZ: I have heard so many that are moving right now…One paymaster was from London that they moved to Zurich. May are traveling today. A whole lot of activity has suddenly broken out overnight with directions on where to go and what to do. .

Member:  my paymaster says 6 21

Member:  SANCTIONS removed from ZIMBABWE this is HUGE !!!!!!

MZ:  That is absolutely huge!!

Member:  Trump said GCR will be $1.00 across the WORLD !!!!

MZ: Keep in mind that the gold standard everywhere around the world is to be $1. Everything on parity….that is the plan. That is why we have been told we will RV first…..then reset. Meaning that if we get $4.00 per dinar (example) We would exchange and then shortly after it would reset into the GCR and parity of 1 to 1 .

Q: What about super Pechelli bonds?

MZ: One of the appointments I know of tomorrow is with the Super Pechelli bonds. One is for Dragon Bonds. Its going to be an interesting week to see how this plays out.

Member:  Trump keeps saying finally the draining of the swamp

Member:  Trump :SOME SWAMP CREATURES THAT MAY BE PULLED OUT OF THE SWAMP IN THE NEXT 60 DAYS WILL BE SHOCKING!

Member:  documents how more than 50 people have been indicted on various federal charges in La Mesa-California, Minneapolis and St. Paul-Minnesota , Austin and Dallas, Baton Rouge Philadelphia-, and Tacoma

MZ: I think we are going to see 2 busy weeks of disclosures and then the Reset release the first part of July.

Member:  lots of arrest going on atm UK, US, Oz and so on

Member:  UPDATE THE 35,000 TROOPS IN EUROPE ARE ARRESTING BANKERS, ELITE SCUM, PEDOS ECT.. IN UK &SPAIN ACCORDING TO SOURCES ON THE GROUND. HEAVY CHOPPER TRAFFIC REPORTED IN LONDON. IT'S HAPPENING

Member:  trump said we would have a great 4th.....anyone else hear that?

Member:  NESARA KICKING OFF!!!

Member:  We have to RV way before Nov for it to benefit POTUS

Member:  I think Trump will make an announcement this week about a new Gold backed currency...fingers crossed

Member:  We will implement a package of reforms in the financial and banking sectors, and will restructure state-owned banks” says Deputy Prime Minister and Minister of Finance Ali Allawi

Q: Gold Standard- where will the price of gold go?

MZ: They will need to fix a value to it that will be universal worldwide to make 1 to 1 parity of currencies work. I think the price of gold will be higher.

Member:  Gold backed money means govt cannot charge up the credit card of fiat dollars

MZ: All these business closures and resorts going under will be pushing the reset……

Q: Do you know things that you are not allowed to share?

MZ:  Yes, there are things that I am not allowed to share or have been asked not to. It would be irresponsible to do so.

DAVE'S THE GIPPERS READER NEWS WORKED FOR PRESIDENT REAGAN FOR 8 YEARS. Dave’s news https://t.me/joinchat/JrH1jhR6uiXQH6rs0cVN3w

SAM OLIVER & DEE’s ECONOMICS https://t.me/joinchat/JrH1jk23r6dq3MtYiipTfw THANK YOU, DEE, FOR YOUR DAILY POST HERE

Member:  Now Enjoy Time Reconnecting With Loved Ones! Working Out Eat Smart.... PMA POSITIVE MENTAL ATTITUDE

The next scheduled stream is 10AM Tuesday Morning

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:  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

Mod:  THANK YOU, SNAKE, PLANNING QUESTIONNAIRE: https://www.mmbb.org/docs/FinancialPlanningQuestionnaire.pdf

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

IF THE INTERNET GOES DOWN MARKZ NEW NUMBER Emergency number (712) 770-5028 Code:648989 Playback number (712) 770-5066

MarkZ : https://markz.team/

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 WELCOME TEAM WILL GREET YOU CLICK THE ENTRANCE DOOR LINK 2) https://t.me/joinchat/JrH1jlOe9REFsFnwexWHJw

Note: Please listen to the replay for all the details….

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=FJnt60n1cbk

Restored Republic via a GCR- Rumors as of Mon. June 15, 2020

Thank you Judy

Restored Republic via a GCR: Update as of Mon. 15 June 2020

Compiled Mon. 15 June 12:01 am EDT by Judy Byington

Judy Note: (rumors) The RV release schedule did not change over the weekend:

By last Thurs. 11 June President Trump had complied with RV conditions so that funding could be released. Those conditions were (1) completing over 3,000 high up arrests of those interfering with release of the Global Currency Reset and (2) making a public soft announcement of the gold-backed US dollar – which the President did to the financial world at 11:11 am EDT Thurs. 11 June and at a round table discussion at 4 pm EDT on that same Thurs. 11 June.

Overnight Thu-Fri 6-11 June the final release algorithm was run, audits done and approved, with Paymasters set to be funded on Mon. 15 June.

On Tues. 16 June the final international exchange rates would be locked in.

The 800#s were scheduled to be released sometime between Mon. 15 June and Wed. 17 June. Wells Fargo would be sending 527,000+ notifications for Tier 4b (us, the Internet Group) to set Redemption/ Exchange appointments.

Tier 4b appointments would begin with funding liquid (at 13,810 Redemption Centers in the US alone, plus others around the globe) on Wed. 17 June – an end date for the US Inc. bankruptcy and the official beginning of NESARA/GESARA.

They hoped to get Zim redeemers in within the first four days, or done by Sat. 20 June.

It was assumed that the redemption/ exchange deadline for appointments to obtain the Contract Rates would be extended to the end of June.

A. Exchange and Redemption: The below was a compilation of information received about exchanging/redeeming and written in my opinion only. Official instructions would come out with release of the 800#s and could easily differ:

June 9 2020 email from Frank Templeton of Templeton Collectibles: https://templetoncollectibles.com, franktempleton@optimum.net “Zim Bonds and Zim Notes refer to the same thing. Folks are expecting them to be treated like a bond.”

Wells Fargo would send out 527,000 + emails to currency and Zim holders containing a coded 800 number to call for appointments and a Secure Website to obtain redemption/exchange information.

The code was an individualized ID number connected to your Social Security number for you to take through the redemption process. Take that ID number to your appointment. Do not give out the coded 800# to anyone as it was connected to your Social Security number and personal banking account and could only be used once for your personal appointment.

If you did not receive an email, then you could find a general 800# and the Secure Website on websites as below. Clicking on that Secured Website or calling that 800# would give you your personalized coded 800# ID number for the redemption process.

They wanted as many Zim holders as possible to redeem their Zim in the first four days after the 800#s and email notifications went out. When you called the 800# let them know if you had Zim as it could change where you did your redemption. Any currencies you had would be exchanged at the same time as your Zim Bonds.

A general 800# to call, plus the Safe Link Website also would be available on these links:

Dinar Chronicles: http://www.dinarchronicles.com
Dinar Recaps: https://www.dinarrecaps.com/our-blog
MarkZ: https://www.twitch.tv/theoriginalmarkz
Bruce: http://bigcalluniverse.com/callarchive/
TNT Tony: https://twitter.com/the_tnt_team
Dinar Detectives: https://dinardetectives.com/

In your exchange it was advised to be transparent, cooperative and answer questions honestly so that you wouldn’t be suspect of gaining exchange proceeds for criminal or terrorist purposes.

At your first appointment (15-30 min), if you want more than the default rate package on your currencies and ZIM, you could ask for the higher Contract Rates – in which case they would extend the first appointment to 90 minutes. Then be prepared to present your project(s) outline to the exchange bankers and/or choose among the list 250 sanctioned projects that they would present you in order to receive the higher rates (you can choose one or more of the 250 projects alongside or instead of your projects for higher rates).

If you were not satisfied with the rate offered at the end of the 90-minute first appointment just politely tell them so, and they would then give you an SKR (safe keeping receipt) and you would immediately tell your assigned Wealth Manager to lead you through steps during the next 72 hours (the legal rescission period during which you could legally change any signed agreements).

At the appointments the debit card cash cap has been increased from $140 million to $250 million.

Instructions 7 May 2020: Exchanges-redemptions were tax free by the Gold Treaty stipulations but there would be taxes on the Structured Payout program (annuity investment) interest payouts annually by the IRS/Treasury and by individual states. This would be fully explained at the first and second apt. If the IRS representatives were present in the second, it would be related to this and your WM and team will happily represent you and your desires to all Federal govt representatives present at the 2ND APPT.

The Non Disclosure Agreement (NDA) would be for 90 days, though the Department of Defense security teams have said that they would extend the NDA and NSA monitoring of the currency holder's financial transactions for more than 90-days if there was reason to do so.

Your SKR from your redemption / exchange would be good for six months, during which your assigned Wealth Manager would help you choose a Trust Company (Abbott Downing, Merrill Lynch, etc, or equivalent) and your WM and Trust Company team would be happy to negotiate for you for the higher rates.

***************

C. It’s All About the Children

It’s not about the money. It’s about the children – the thousands of malnourished and traumatized children. The first official act President Trump made the morning he was sworn into office was to pay a visit to CIA Headquarters and declare a war on an international Child Sex Trafficking Ring run by global elites. Let us fast and pray for these little ones who were now being rescued from Cabal underground tunnels across the globe, and tortured and killed by Satanic Covens right next door. Let us also pray for those Military Troops worldwide who were risking their own lives to save them. The ancient doctrine of Fasting and Prayer was explained here at the 10:30:32 mark: https://www.youtube.com/watch?v=4Mb9gU6DmKs

If you wished to join the effort in saving children from international sex trafficking, contact Tim Ballard at Operation Underground Railroad: https://ourrescue.org/about/ https://www.youtube.com/watch?v=FT4tmI8YxCU&feature=emb_rel_end

U.S. Immigration and Customs Enforcement (ICE) investigated violations of criminal law ranging from child exploitation to transnational gangs inside and outside the US, including rape, torture and murder of children by followers of Satan. You could use this form to report suspected criminal activity: https://www.ice.gov/webform/hsi-tip-form

Judy Note: I do not now, nor have I ever, received monies for writing my Updates and articles. The compensation has been in having outlets to help Save the Children by exposing truths about the very secretive Satanic Ritual Abuse, Pedophilia and Child Sacrifice that was rampant in our international society.

The above was a summary of information from the Internet. It would be up to the reader to do their own research and decide whether or not it was valid. A Thank You to those dedicated and brave Intel providers who wished to remain unknown; to humble Wildfire Lady who was adept at exposing the truth; to Martha who worked around the clock to discern what was real in the fake news; to Brad who did great research and Ken who uncovered almost unlimited Intel on pedophilia to help us Save the Children.

Divide They Try, Fail They Will, WWG1WGA to Support POTUS, Follow Q & Trust Plan

Let us Thank Q that the reset has finally come to be. I wish you well in your humanitarian efforts and look forward to seeing you on the other side where together, we will make life better for all.

Patience is a Virtue. Having Virtue is a sign of a good moral being. Good moral beings have the power to overcome evil and change the world. Judy

Courtesy of Dinar Chronicles

https://inteldinarchronicles.blogspot.com/2020/06/restored-republic-via-gcr-update-as-of_15.html

News, Rumors and Opinions Monday Morning 6-15-2020

TNT:

Tishwash:  op ed piece but I'm glad someone is asking

Who guarantees the protection of the Iraqi dinar?

After the collapse of oil prices in the past weeks, a fact   about Iraq is confirmed, which may be overnight Overnight it was a non-oil country, despite maintaining high production and reserves, which ranked second in the world. 

This difficult experience that Iraq is still floundering with pain from its repercussions is the outcome of successive Iraqi government policies The precedent that prevented the restoration of industrial production to normal, plus the factors of development and increase, which were filling the market Domestic sustains part of the economic wheel, as well as the possibility of obtaining a difficult currency from exports, especially In cement and minerals industries such as phosphates and sulfur.

Now there are major crises called the collapse of the Syrian and Lebanese currencies, and there are many similar reasons present in Iraq As in these two brotherly countries, with a great margin of corruption in Iraq unparalleled in a country else.

In this atmosphere in which the Iraqi and American sides meet in a dialogue whose keys are a decisive strategy, a must We are looking for   national and international reasons and guarantees to prevent the collapse of the Iraqi currency, and this is not tolerated by the situation Iraqi, absolutely, that the economic and living collapses will be in a dramatic way, and that there are international forces that can move The paper of the collapse of living in Iraq, if it wants as long as the interior is deranged in terms of building with all its concepts and addresses until right Now

Iran is a basic supporter of governance in Syria and Lebanon. This is a fact that there is no dispute between the two over it, but there is The opposite is the fact that the local currencies of these two countries are collapsing in a way that never suggests potential for return The clock is completely backward.

Here, Iraq must think deeply, what does it need from Iran and what does it need from America? Iraq first, as we hear from the officials.  link

Cutebwoy:   Negotiations between Iraq and the IMF to borrow $ 5 billion

June 15, 2020

Iraq .. An internal loan of 15 trillion dinars to cover salaries

The Parliamentary Finance Committee announced today, Monday, that the Iraqi Minister of Finance began negotiations with the International Monetary Fund to borrow $ 5 billion.

“The issue of internal and external borrowing will be brought up in Parliament on certain conditions,” said committee member Hanin Qadoo, noting that “the committee will present a paper of economic reforms to the government that includes not relying on single rents,” according to what was reported in the “Iraqi” news agency.

He stressed, “The need for an internal loan amounting to 15 trillion dinars in order to cover salaries and operating expenses,” noting that “the Minister of Finance began negotiating with the International Monetary Fund to borrow $ 5 billion, and it is hoped that it will be allocated for the benefit of investment.”

Qaddo called on the government to control customs and border outlets, focus its program on the private sector, diversify financial resources to reach safety and not need to borrow.

The Parliamentary Finance Committee had confirmed earlier the government’s intention to submit a paper of radical reforms during the coming period, while referring to the details of the borrowing law.

“The Minister of Finance informed the Finance Committee that the government will present a paper of radical reforms that includes all economic and financial aspects,” said the committee’s rapporteur, Ahmed Al-Saffar.

He added that the Finance Committee discussed government borrowing for the purpose of financing the deficit and paying salaries.

He continued, “The text of the borrowing law indicates that the government is allowed to borrow abroad at $ 5 billion, and the internal 15 trillion dinars from Iraqi banks for two months,” noting that “the vote on the law was postponed after talking about deductions in salaries.”

 The House of Representatives finished the second reading of the draft of the domestic and foreign borrowing law to finance the fiscal deficit for the year 2020, and the Cabinet agreed to re-prioritize spending items in line with the financial and economic reform adopted by the Iraqi government.

Source: Al-Arabiya.net

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Courtesy of Dinar Guru

Frank26  ...the Iraqi dinar's monetary reform is in full bloom and in a position to be announced IMO very soon.  Especially with what they released today, 'We busted Maliki and all those that were preventing the monetary reform.' 

Pimpy  Article "The president of the Republic: To complete victory requires building a sovereign and capable state".   This is what I'm talking about.  They have to prove to the world that they can stand alone.   That's what a true sovereign nation is.  To me this is the biggest obstacle that we have and waiting for the rate change to take place.  We need them to be a sovereign nation all over again...are we close?  IMO we're very very close to this finally happening...

Iraqi dinar news 06/14/20 - (Getting closer)

Pimpy’s Investment Chat:  Jun 14, 2020

https://youtu.be/pqRQjWM6Bck?t=4

ALERT! Is the DOJ Silver Investigation Falling Apart?! (Bix Weir)

Jun 14, 2020

The Head of the DOJ Department that was in the process of charging JP Morgan with RICO Charges of Criminal Conspiracy to Rig the Silver Market just resigned!

How many times have the US Regulators "Dropped the Ball" on silver manipulation investigations over the past 50 years???

Too many to count!

https://youtu.be/CNOTbab5sqk?t=1

Sunday Night X22 Reports 6-14-2020

Trump Ready To Remove Another Globalists System - Episode 2199a

X22 Report:  Jun 14, 2020

The economy is coming back, the MSM/[DS] they are now pushing their second wave narrative.

The people will not shutdown the economy down again.

The MSM/[DS] will do anything to crash the economy.

Truckers are not going to deliver products to those areas that do not have a police force.

 Trump is prepared are ready to go after the WTO.

https://youtu.be/H8YBPlcLBVs?t=2

Everything Is Simply A Happening, The Narrative Has You, The “How” Will Be Presented - Episode 2199b

X22 Report:  Jun 14, 2020

The patriots are allowing the happening.

 Most people in the US do not know this but the narrative has them. This needs to play out, the people must see the truth, only then can the people see clearly.

The why is now happening the how will be presented to the people.

https://youtu.be/iqS7BKRRz1U?t=5

History of Flag Day

Flag Day is June 14

History of Flag Day

Flag Day is a celebration of the adoption of the American flag by Continental Congress in the First Flag Resolution of June 14, 1777. Although the 200-year anniversary of this date was celebrated by flying flags on public buildings and holding remembrances in several cities, Flag Day wasn’t officially recognized until President Harry Truman signed it into law in 1949.

Bernard J. Cigrand, known to the general public as the "Father of Flag Day," worked as a school teacher at Stony Hill School in Waubeka, Wisconsin. He held the first unofficial observance for Flag Day at that school in 1885, and today a bust of Cigrand stands in Waubeka at the National Flag Day Americanism Center.

Cigrand delivered speeches around the country about patriotism and holding an observance for the flag on June 14. He later became the president of the American Flag Day Association and the National Flag Day Society. He continued to promote his cause with backing from those organizations.

According to amateur historian James L. Brown who wrote the booklet, "The Real Bernard J. Cigrand: Father of Flag Day," Cigrand once claimed he had given 2,188 speeches on the flag and patriotism. The Chicago Tribune noted that Cigrand "almost single-handedly" established Flag Day.

Although Cigrand is perhaps the most recognized candidate, several others have also claimed to be founders of Flag Day. In 1889 the principal of a free kindergarten, George Bolch, celebrated the anniversary of the Flag resolution at his New York City school. Soon the State Board of Education of New York, the Betsy Ross House in Philadelphia and the New York Society of the Sons of the Revolution celebrated Flag Day too.

In 1893 Elizabeth Duane Gillespie, a descendant of Benjamin Franklin and the president of the Colonial Dames of Pennsylvania, attempted to have a resolution passed deeming June 14 as Flag Day. That same year the Colonial Dames of Pennsylvania were responsible for a resolution passed requiring the American flag to be displayed on all Philadelphia’s public buildings. In 1937 Pennsylvania was the first state to make Flag Day a legal holiday.

To continue reading, please go to the original article here: 

https://www.united-states-flag.com/flag-day-history.html

"The End of the Federal Reserve System" Nesara/Gesara by Pimpy 6-14-2020

NESARA / GESARA - Truth from Fiction (The end of the Federal Reserve System)

Pimpy’s Investment Chat:  Jun 14, 2020

The Federal Reserve Act was a direct violation of our Constitution but they passed it anyway.

The Federal Reserve is not a Government Agency. It is a private organization run by 5 families.

They are not here for our best interest. Trump is working on destroying the Federal Reserve. It is already happening.

Most Presidents can put 1 or maybe 2 of their candidates on the 12 member Governor board of the Federal Reserve. In Trump’s case he has 4. That will really change the landscape of the Federal Reserve.

But, why change it at all? Why not just do away with it and move us back onto the Gold Standard?

Article:   Dick Bove: “Trump poised to take control of the Federal Reserve”  https://www.cnbc.com/2018/07/20/trump-poised-to-take-control-of-the-federal-reserve.html

Article: TRUMP RUNS FED – Next Stop: Out Of Town? On March 27, 2020, Bloomberg published an opinion describing new operations planned by the Federal Reserve and U. S. Treasury involving highly significant moves to finance, purchase and own commercial paper, corporate bonds, term asset-backed securities and to lend to medium-size and small businesses. This “… essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.”  The news/opinion that President Trump is in the process of becoming “your new Fed chairman” should be understood as a potentially significant step – perhaps even a leap – towards the goal of restoring an international gold standard monetary system to serve all people of the world. https://sarahwestall.com/trump-runs-fed-next-stop-out-of-town/

Trump’s pick for Federal Reserve wants to take us back to the Gold Standard   https://markets.businessinsider.com/news/stocks/trumps-latest-fed-pick-backs-unusual-economic-policies-judy-shelton-2020-1-1028865137#interest-rates3

I believe Trump will be taking us back to the Gold Standard….It’s already started.

https://www.youtube.com/watch?v=B4igrBYdSp8

More videos in this series………

NESARA / GESARA - Questions and Answers Part 1 https://www.youtube.com/watch?v=X3A1eVRC9-M

NESARA / GESARA -Truth from Fiction (a New Treasury Banking System) https://www.youtube.com/watch?v=xhBp8-rWspo

NESARA / GESARA - Truth from Fiction (Return Constitutional Law back to the Courts) https://www.youtube.com/watch?v=6cSswZEBy5c

NESARA / GESARA - Once in a Lifetime Opportunity https://www.youtube.com/watch?v=mmfXr8VsUYU

NESARA / GESARA - Truth from Fiction (New Currency)  https://www.youtube.com/watch?v=lIPd2IrrVgo

NESARA / GESARA - Warning! don't get mislead  https://www.youtube.com/watch?v=m0iKqMMG3l8

NESARA / GESARA - The Global Reset Update 06/03/20 https://www.youtube.com/watch?v=cuS2e1E3QpA

NESARA / GESARA - Truth from Fiction (Election Monitoring) https://www.youtube.com/watch?v=hnBCdrDAUX8

NESARA / GESARA - Truth from Fiction (Establishing a New Government within 120 days) https://www.youtube.com/watch?v=G2JxW0EvQkA

NESARA / GESARA - Truth vs Fiction part 4 (Return Constitutional Law) https://www.youtube.com/watch?v=iwo8dgAiBG8

NESARA / GESARA - Truth from Fiction part 3 (Increase in benefits for senior citizens) https://www.youtube.com/watch?v=wqSRpDk47q4&t=296s

NESARA / GESARA - Truth from Fiction Part 2 (Abolish the IRS and Taxes) https://www.youtube.com/watch?v=thJANxkVE9A

NESARA / GESARA - Truth vs Fiction (debt forgiveness)   https://www.youtube.com/watch?v=zoyw6p5mZ1c

NESARA GESARA - Summary (Truth vs Fiction)  https://www.youtube.com/watch?v=WpvSk3CXzkg

How to pay for NESARA / GESARA  https://www.youtube.com/watch?v=XaLVsfLUyRI

NESARA PART 6  https://www.youtube.com/watch?v=CwJFGYvEO1A

Nesara Part 5   https://www.youtube.com/watch?v=-SQQ4MulJ28

Nesara Part Four   https://www.youtube.com/watch?v=KIGQJ-LHw7I

Nesara Part Three   https://www.youtube.com/watch?v=yw8ndr6y8oQ&t=291s

Nesara Part Two  https://www.youtube.com/watch?v=I0pZ0HfyZa8

Nesara Part one   https://www.youtube.com/watch?v=CfHwcF79QpQ 

Frank26, MilitiaMan and more Sunday Evening 6-14-2020

KTFA:

Samson:  “We will implement a package of reforms in the financial and banking sectors, and will restructure state-owned banks” says Deputy PM and Minister of Finance @AliH_Allawi as he lays out the broad outlines of the new @IraqiGovt reform programme: pic.twitter.com/9TDATsocHn — Government of Iraq -(@IraqiGovt) June 14, 2020

Ryan1216:  Hurry Iraq lets go!

Don961:  Al-Shami provides a set of economic solutions that enhance production and services

Saturday 13 June 2020

Baghdad / Hussein Thagab 

 A set of immediate solutions to address the economic problems that move the country to safety, bypassing the number of challenges that have occurred in the productive and service sectors during the past period, provided by an expert in the economic affairs, which contributes to the transition to the path of real economic development. 

The head of the advisory board of the Baghdad Chamber of Commerce Salah Abd al-Mahdi al-Shami said: "The first step in which we must stand is to choose the management of the national economy from honest national experiences, especially the private sector that has successful experiences and possesses field expertise and financial solvency." 

Integrity and experience

"We suggest that there be a careful and accurate choice for a group of Iraqi businessmen who enjoy competence, integrity and experience with good reputation and have proven merit and success in their own business inside Iraq and from various sectors, as the reality requires a direct meeting between the group and officials in the Iraqi state and on top of them The Prime Minister and Chairman of the Council of Advisors to develop an integrated coordination work program aimed at activating the role of the private sector to participate in making and amending its own decisions and obtaining the required support to bring about change and positive shock to investors even foreigners with a correction movement in the previous economic platform and this is what is required in the beginning and regain the previously lost confidence".

Cash block

And between "the importance of establishing a large joint stock company (holding) by Iraqi businessmen and others and seeking the expertise required from various nationalities and focusing on purposeful and intelligent media focused on attracting the huge monetary mass that exists with citizens, which is estimated at a minimum of 45 billion dollars to convert the saved hard money into investment money Mobile serving the country to contribute to the existing public and private sector projects (hospitals, major industrial plants, agricultural fields, dairy plants, oil industry, etc.) in exchange for the shareholding company obtaining shares in those institutions in agreement with the state or according to the developer system with details to be developed later.

private sector

He pointed out that "the management of these projects will be joint between the private and public sector, if possible, and preferably at the very least, choosing the CEO of the relevant institutions from the private sector and according to the required jurisdiction, and it is possible to create projects for the major joint-stock company if the opportunities and conditions are appropriate for that." "Putting forward the idea of ​​the citizens' contribution to the big company indirectly by deducting part of their salaries for a certain period.

 In return, these amounts are in the form of debts on the state that can be dealt with later by increasing the proposed shares in the mentioned institutions or in the form of buying certain lands or Other emerging matters that help reduce the state’s need for the cash needed to pay salaries, and this is what is required.

Bank accounts

He pointed out, "The possibility of using the frozen bank accounts of the state represented in its various institutions (the pension fund, the trust fund ... etc) for the purpose of obtaining the public benefit through the large joint-stock company or putting forward the idea of ​​cooperation between the public and private sector in accordance with a vision that includes the management of the private sector for business With careful monitoring of the funds by the state, all the company's accounts, payments and contracts are monitored by a competent government committee or any trusted regulatory body. "

He pointed out that "the success of this plan requires focusing on the workers of successful honest and purposeful media with the presence of a legal committee that works to establish true Islamic controls that correspond to the fatwa of the rational authority and that are among the most attractive factors and persuasion to the public and increase awareness and national responsibility for them, because they have become decision-makers And king in state institutions. " LINK

MilitiaMan:  They are literally telling us they are going to a market economy. They have been hammering it home for months now.. But, now they are not only talking about it they are doing it.

They have immediate solutions to facilitate the cohesion of the public and private sectors! The are going to use the private sector professionals that have proven tract records of success, reliability and integrity.

They are to choose a CEO and management personnel from the private sector to gain the confidence of the citizens to the get the Chunky money =  $45 billion into the market place to grow the market economy. This is exactly what they have been working on for many years. Now they have to act and are acting accordingly.

They are even telling us they have intentions to bring about change through t a positive shock to investors. Let that sink in. Negative shocks are what they have been going through. Positive shocks are to the good.

It is my belief they are telling us that a correction from the previous economic platform is required and that the correction will regain the lost confidence. If we use the Stock Market as a platform for economics, we know that negative shocks relate to pricing of share going down and confidence is lost.

When times are good then prices go up. They even mention not only will local investors gain, so will foreigners..

By raising the value of their stock exchange by increasing their exchange rate will be a positive shock. One where we all should agree is to be a good thing.. !!!

It looks as though the confidence in the beginning is needed to then launch a joint stock holding company with various trusted nationalities to help get the chunky money into the private sector to steam the monetary engine to re build the country.. Which is the goal for all of Iraq, not just a few!

It is all Iraqis responsibility to help make their country a better place to be and live in. The have the all the resources needed natural and human.. The citizens can contribute to the holding company out of salaries for future benefits and profits as they re build and grow.. I suggest they do! It can or will be a large venture for them that can be very profitable and with a national sense of pride and honor in being apart of it. 

The video above is short and sweet by Ali Allawi. It is the cutting of red tape to allow for this venture to take place. There is an urgency to bring in the new. There are many articles referencing the “new”. New PM, new reforms, new holding company, new small category notes, new e-commerce, new e-government, etc.. imo.. 

The information to date is extremely powerful, as it shows they are doing now what they have been trying to do for many years, as noted by the letter fron Nasserry to the new PM, just this time they are listening to the road map alternatives, and are seriously on the path to go live with the new social market economy.. imo Wow.. lol ~ MM

ALLAWI TWITTER: Ali Allawi @AliH_Allawi · 13m “We will implement a package of reforms in the financial and banking sectors, and will restructure state-owned banks” says Deputy Prime Minister and Minister of Finance Ali Allawi as he lays out the broad outlines of the new @IraqiGovt reform programme:

Don961:  Al-Halbousi affirms the readiness of the legislature to overcome all obstacles in preparation for the implementation of joint decisions between Iraq and Kuwait

Localities 06/1420 2020 17:27 222 Editor: ht   
Baghdad today - Baghdad
On Sunday (14 June 2020), Speaker of the House of Representatives, Mohamed Al-Halbousi, confirmed that the legislature is ready to remove all obstacles in preparation for the implementation of joint decisions between Iraq and Kuwait.
The media office of the Speaker of Parliament said in a statement received (Baghdad today), "Al-Halbousi received the Kuwaiti Foreign Minister, Sheikh Ahmed Nasser Al-Muhammad Al-Ahmad Al-Sabah, in the presence of the Foreign Minister Fouad Hussein, and affirmed Iraq’s keenness to strengthen and continue cooperation and rapprochement with the State of Kuwait, and in all fields in a way that serves The interest of the two brotherly peoples. "

The statement added that "the Kuwaiti foreign minister congratulated on the occasion of completing the formation of the Iraqi government, wishing it success in facing the challenges."
He pointed out that "the meeting during which a number of files and challenges of common concern between the two brotherly countries and countries of the region were discussed, including the Corona pandemic challenges, the economic crisis in light of the deterioration of oil prices, security cooperation to eliminate extremist thought, as well as a discussion on activating the outcomes of the International Donors Conference to restore Reconstruction of Iraq, promotion of mutual trade between the two countries, cooperation in the field of energy and electrical interconnection.

The Kuwaiti Minister of Foreign Affairs pointed out that "there are clear paths between the two countries and a road map discussed with the Iraqi Ministry of Foreign Affairs to activate the work and decisions of the joint committee between the two countries."
The Speaker of Parliament confirmed, according to the statement, that "the legislature is ready to overcome all obstacles, in order to resume this cooperation and in high coordination with the Kuwaiti legislative authority represented by the esteemed National Assembly."
Ahmed Nasser Al-Ahmad Al-Sabah reiterated his country's keenness to establish strong relations with Iraq and support it in all fields, in order to achieve stability.   link  

MilitiaMan:  Look at the language we are seeing today in articles. The Donor Conference was recently mentioned by the World Bank in the video from the 11th. Spoke about the money from the Donor Conference may be on the table in the tune of over $30 Billion.

 I am sure that Iraq is keen on getting that fired up now with the New PM and his New Deputy PM who is the FM on the ground running!!! 

They are discussing restoring what was on hold. That too was mentioned by the World Bank. There were reasons they put the money on hold. One imo being they were not ready to raise the rate just yet.

Post 137 (above) suggests in my opinion they just told us they will have a positive shock in the beginning. Well, that shock will have the Kuwaitis and the Saudis imo happy campers , as will we (as we are foreign investors too.) and will be willing to bring in the Donor monies.. So imo we are about to get SHOCKED and AWED very soon by the looks of it.. imo ~ MM..

************

Frank26:  6-14-20...... A SET OF IMMEDIATE SOLUTIONS

THE INFORMATION PRESENTED TONIGHT IS SOLELY IN FRANK'S OPINION

https://www.youtube.com/watch?v=-GIyF9LlNKQ