Over Half Of US States Are Bleeding Cash And Going Broke
Over Half Of US States Are Bleeding Cash And Going Broke, Researchers Say — Here's Why And What It Means For You
Christy Bieber Thu, November 28, 2024 Moneywise
Across the country, states aren't doing very well with their budgets. In fact, 27 U.S. states didn't have the money to pay their bills as of the end of fiscal year 2023, according to nonpartisan think tank Truth in Accounting. Connecticut, New Jersey, Illinois and Massachusetts faced the biggest shortfalls per taxpayer.
"There are certainly tremendous challenges going forward," Oliver Giesecke, a research fellow at the Hoover Institution at Stanford University, told CNBC in a report published Nov. 4.
Over Half Of US States Are Bleeding Cash And Going Broke, Researchers Say — Here's Why And What It Means For You
Christy Bieber Thu, November 28, 2024 Moneywise
Across the country, states aren't doing very well with their budgets. In fact, 27 U.S. states didn't have the money to pay their bills as of the end of fiscal year 2023, according to nonpartisan think tank Truth in Accounting. Connecticut, New Jersey, Illinois and Massachusetts faced the biggest shortfalls per taxpayer.
"There are certainly tremendous challenges going forward," Oliver Giesecke, a research fellow at the Hoover Institution at Stanford University, told CNBC in a report published Nov. 4.
There are several reasons why states might be struggling, but what it means for citizens is there's a very real risk of tax hikes and cuts to public services and benefits programs.
Here's what you need to know about the financial trouble states are finding themselves in — along with how this could impact you.
Federal Aid
Some states suffer from budgeting problems that were previously masked by federal assistance during the COVID-19 pandemic, according to The Pew Charitable Trusts.
During the pandemic, the federal government significantly stepped up the money it was giving to states, totaling $800-plus billion, per the organization. This made it affordable for states to cut taxes and increase spending for a time.
"What we're seeing is largely a return to Earth from those pandemic surpluses," Justin Theal, a senior officer with The Pew Charitable Trusts, told CNBC. "A huge looming question out there is around the long-term affordability of the tax cuts and spending increases that were enacted."
The federal funds will dry up in 2026, according to the broadcaster, as much of the country is being hit by a cost-of-living crisis. Some state leaders are considering tax relief for this reason, which means some government programs could face big cuts.
State Pensions
The largest contributor to state debt at the end of fiscal year 2023 was unfunded retirement liabilities, Truth in Accounting reports. Around 86% of state and local government workers had access to a pension plan as of March 2022, according to the Bureau of Labor Statistics.
TO READ MORE: https://www.yahoo.com/finance/news/over-half-us-states-bleeding-114400264.html
“Tidbits From TNT” 11-28-2024
TNT:
Tishwash: Trade Bank of Iraq launches first experimental Visa card
The Trade Bank of Iraq announced, on Wednesday, the launch of the first experimental Visa card.
The bank's media advisor, Aqil Al-Shuwaili, said in a statement, which was reviewed by "Al-Eqtisad News", that "the Iraqi Trade Bank has begun launching the first experimental Visa card."
He pointed out that "this visa included features for use in the online shopping process as well as for use in purchases link
TNT:
Tishwash: Trade Bank of Iraq launches first experimental Visa card
The Trade Bank of Iraq announced, on Wednesday, the launch of the first experimental Visa card.
The bank's media advisor, Aqil Al-Shuwaili, said in a statement, which was reviewed by "Al-Eqtisad News", that "the Iraqi Trade Bank has begun launching the first experimental Visa card."
He pointed out that "this visa included features for use in the online shopping process as well as for use in purchases link
Tishwash: International Development Bank signs a memorandum of understanding with the Arab Tourism Organization
The International Development Bank announced, on Wednesday, the signing of a memorandum of understanding with the Arab Tourism Organization under the patronage of Prime Minister Mohammed Shia Al-Sudani.
The bank said in a statement, seen by Al-Eqtisad News, that "it continues its leadership in supporting sustainable development by signing a memorandum of understanding with the Arab Tourism Organization."
It added, "The memorandum was signed between Chairman of the Board of Directors Ziad Khalaf Abdul and Chairman of the Arab Tourism Organization Bandar bin Fahd Al-Fahid in the presence of the Iraqi Minister of Culture and Tourism and a number of officials, under the patronage of Prime Minister Mohammed Shia Al-Sudani."
The statement continued, "The cooperation includes supporting tourism investments in Iraq through an insurance policy, and qualifying tourism facilities to obtain the highest quality marks with the launch of the "Arab Tourist Card" project in partnership with the international company "Visa."
It continued, "The Arab Tourist Card will provide competitive advantages to Arab tourists, such as health insurance, while ensuring that they benefit from the advantages granted by the international company Visa for this type of card, such as special discounts at hotels, restaurants and other tourism establishments, and many competitive advantages."
He added, "This step represents a new start to enhance joint Arab action, support inter-Arab tourism, and attract investments to support the promising tourism sector by integrating the efforts of the Iraqi private sector with the plans the Iraqi government has to develop the tourism reality, making Iraq, which is rich in tourism, religious, archaeological, and natural components, a tourism destination for all the world's poles." link
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Tishwash: Lebanese Economy Minister: Our government is counting on Iraq for reconstruction
Lebanese Minister of Economy Amin Salam said that the Lebanese government is counting on Iraq's support in reconstruction.
According to Salam's statement, which was followed by "Ultra Iraq", "we are counting on Iraq's support and the Iraqi Prime Minister's initiative in reconstruction."
He said, "Iraq has not abandoned Lebanon, and we appreciate the Prime Minister's initiative in reconstruction, and we thank the Iraqi government and people for their efforts and continuous support for Lebanon."
Salam pointed out that "serious work has begun towards the second phase of saving Lebanon," indicating that "the American side is serious about a ceasefire to reach the stage of peace." link
Mot: .. and YOUR ""Turkey Name"" is!!!????
Mot: ... Fur that ""Other Crowd"" - vegan turkey
Happy Thanksgiving with MarkZ and Zester. 11/28/2024
Happy Thanksgiving with MarkZ and Zester. 11/28/2024
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: Spending some time with friends this Thanksgiving.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Happy Thanksgiving with MarkZ and Zester. 11/28/2024
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: Spending some time with friends this Thanksgiving.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
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THANK YOU ALL FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
Thanksgiving Quotes to Share With Your Loved Ones
.70 Best Thanksgiving Quotes to Share With Your Loved Ones on Turkey Day
"There is always, always something to be thankful for."
Country Living Staff Nov 25, 2019
Of course, your Thanksgiving menu is important, but the holiday is so much more than just piling our plates with mashed potatoes. Thanksgiving Day is also a time to show your gratitude for your friends, family, and all that you have in life.
These best Thanksgiving quotes will remind everyone of the reason for the fall season! This list is full of thoughtful words that would make for a great holiday toast or even as a nice Thanksgiving Instagram caption.
The day can be quite hectic, especially if you're hosting this year's festivities—so make sure you read these Thanksgiving quotes for friends and family before November 28, and then save them to read aloud to your guests on Thanksgiving Day.
Or when your day starts to get stressful (and you realize just how many stores are closed on Thanksgiving just as soon as you run out of pumpkin pie ingredients!), just take a moment to scroll through this roundup. We especially love the thankful quote: "Give thanks not just on Thanksgiving Day, but every day of your life.
Appreciate and never take for granted all that you have," which was said by Catherine Pulsifer. It reminds us to be mindful and thankful of all we do have.
We also love these words by Daniel Humm: "What I love about Thanksgiving is that it’s purely about getting together with friends or family and enjoying food. It’s really for everybody, and it doesn’t matter where you’re from." That quote truly encompasses how special the holiday is.
70 Best Thanksgiving Quotes to Share With Your Loved Ones on Turkey Day
"There is always, always something to be thankful for."
Country Living Staff Nov 25, 2019
Of course, your Thanksgiving menu is important, but the holiday is so much more than just piling our plates with mashed potatoes. Thanksgiving Day is also a time to show your gratitude for your friends, family, and all that you have in life.
These best Thanksgiving quotes will remind everyone of the reason for the fall season! This list is full of thoughtful words that would make for a great holiday toast or even as a nice Thanksgiving Instagram caption.
The day can be quite hectic, especially if you're hosting this year's festivities—so make sure you read these Thanksgiving quotes for friends and family before November 28, and then save them to read aloud to your guests on Thanksgiving Day.
Or when your day starts to get stressful (and you realize just how many stores are closed on Thanksgiving just as soon as you run out of pumpkin pie ingredients!), just take a moment to scroll through this roundup. We especially love the thankful quote: "Give thanks not just on Thanksgiving Day, but every day of your life.
Appreciate and never take for granted all that you have," which was said by Catherine Pulsifer. It reminds us to be mindful and thankful of all we do have.
We also love these words by Daniel Humm: "What I love about Thanksgiving is that it’s purely about getting together with friends or family and enjoying food. It’s really for everybody, and it doesn’t matter where you’re from." That quote truly encompasses how special the holiday is.
Nora Ephro “The turkey. The sweet potatoes. The stuffing. The pumpkin pie. Is there anything else we all can agree so vehemently about? I don’t think so.”
Jonathan Safran Foer "Thanksgiving is the meal we aspire for other meals to resemble."
Johannes A. Gaertner “To speak gratitude is courteous and pleasant, to enact gratitude is generous and noble, but to live gratitude is to touch Heaven.”
Randy Pausch "Showing gratitude is one of the simplest yet most powerful things humans can do for each other."
Henry Van Dyke "Gratitude is the inward feeling of kindness received. Thankfulness is the natural impulse to express that feeling. Thanksgiving is the following of that impulse.”
Hausa Proverb "Give thanks for a little, and you will find a lot."
Robert Caspar Lintner "Thanksgiving was never meant to be shut up in a single day."
Gerald Good "If you want to turn your life around, try thankfulness. It will change your life mightily.
J.A. Shedd "He who thanks but with the lips thanks but in part; the full, the true Thanksgiving comes from the heart."
Catherine Pulsifer "Give thanks not just on Thanksgiving Day, but every day of your life. Appreciate and never take for granted all that you have."
Margaret Cousins "Appreciation can change a day, even change a life. Your willingness to put it into words is all that is necessary."
Franz Grillparzer "Drink and be thankful to the host! What seems insignificant when you have it, is important when you need it."
Daniel Humm "What I love about Thanksgiving is that it’s purely about getting together with friends or family and enjoying food. It’s really for everybody, and it doesn’t matter where you’re from."
Unknown "There is always, always something to be thankful for."
Anne Frank "No one has ever become poor by giving."
Joyce Giraud "Thanksgiving is one of my favorite days of the year because it reminds us to give thanks and to count our blessings. Suddenly, so many things become so little when we realize how blessed and lucky we are."
Yogi Bhajan "An attitude of gratitude brings great things."
John F. Kennedy "We must find the time to stop and thank the people who make a difference in our lives."
Charles Dickens "Reflect upon your present blessings, of which every man has plenty; not on your past misfortunes, of which all men have some."
Maya Angelou "Be present in all things and thankful for all."
Amy Leigh Mercree “Thanksgiving is a joyous invitation to shower the world with love and gratitude.”
Wilbur D. Nesbit “Forever on Thanksgiving the heart will find the pathway home.”
Norman Vincent Peale “The more you practice the art of thankfulness, the more you have to be thankful for.”
Willie Nelson “When I started counting my blessings, my whole life turned around.”
James E. Faust “The thankful heart opens our eyes to a multitude of blessings that continually surround us.”
Maya Angelou “When we give cheerfully and accept gratefully, everyone is blessed.”
Charlie Brown “What if today, we were just grateful for everything?”
W. Clement Stone “If you are really thankful, what do you do? You share.”
Bruce Wilkinson “A moment of gratitude makes a difference in your attitude.”
David Steindl-Rast “It is not joy that makes us grateful; it is gratitude that makes us joyful.”
To continue reading, please go to the original article here:
https://www.countryliving.com/food-drinks/g2059/thanksgiving-quotes/
Iraq Economic News and Points to Ponder Thursday AM 11-28-24
Academics: Strengthening Relations With International Institutions Contributes To Supporting The Iraqi
Economy Economical 11/28/2024 Baghdad: the mainstay of the emirate Academics praised the steps of the government of Prime Minister Muhammad Shia al-Sudani to achieve financial reform, indicating that strengthening relations with international institutions contributes to supporting the Iraqi economy.
Iraq has recently succeeded in strengthening its relationship with international economic institutions and organizations, and has projected a positive image to the world with its ability to fulfill its international financial obligations, including the International Monetary Fund, and has been able to begin reform.
Academics: Strengthening Relations With International Institutions Contributes To Supporting The Iraqi
Economy Economical 11/28/2024 Baghdad: the mainstay of the emirate Academics praised the steps of the government of Prime Minister Muhammad Shia al-Sudani to achieve financial reform, indicating that strengthening relations with international institutions contributes to supporting the Iraqi economy.
Iraq has recently succeeded in strengthening its relationship with international economic institutions and organizations, and has projected a positive image to the world with its ability to fulfill its international financial obligations, including the International Monetary Fund, and has been able to begin reform.
Last May, the Prime Minister's Advisor for Financial Affairs, Mazhar Muhammad Salih, announced that Iraq had repaid all of the loans it obtained from the Fund, the total of which did not exceed 8 billion dollars. https://alsabaah.iq/106428-.html
Al-Alaq: Growth In Iraq Is In Line With The Global Trend Of Increasing Population
Local | - 11/27/2024 Mawazine News – Baghdad The United Nations Population Fund Advisor, Mahdi Al-Alaq, confirmed today, Wednesday, that the growth in Iraq is in line with the global trend of increasing population.
Al-Alaq explained in a statement to the official agency, followed by "Mawazine News", that "the initial results of the census reflect an annual population growth rate of 2.3%, a rate that classifies Iraq among countries with medium to high population growth."
He added, "These numbers are in line with the global trend of increasing population," noting that "the population of Iraq increased from 31 million people 15 years ago to 45 million people annually."
He pointed out that "the population census is in its final stages, as field teams are working to complete the collection of basic data in some areas, with a focus on addressing deficiencies and ensuring accuracy."
He also explained that "the work will continue until December 10, and that all detailed data will be collected within the next two weeks, as it includes accurate information on the demographic, social and economic characteristics of the population."
Al-Alaq stressed the importance of "this data in supporting sustainable development plans in Iraq, as it will help guide policies related to education, health, housing, and job opportunities, in line with the needs of the growing population." https://www.mawazin.net/Details.aspx?jimare=256971
Withdrawal Of The License Of The Oman Brokerage Company To Buy And Sell Foreign Currencies
November 27, 2024 diamonds: The Central Bank of Iraq decided to withdraw the license of the Amman Company to mediate in the buying and selling of foreign currencies.
For more , click here https://cbi.iq/static/uploads/up/file-173269795553645.pdf
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[approximate and incomplete translation of https://cbi.iq/static/uploads/up/file-173269795553645.pdf ]
DATE: 2024/11/26 (Your counterpart in creation)
Ministry of Commerce / Companies Registration Department
M / Withdrawal of leave
Based on the decision of the Board of Directors of this bank No. (257) of 2024 taken in its session No. (1661) six hundred and sixty-one after one thousand held on 2024/11/19, we would like to inform you of the following:
It has been decided to withdraw the license of the Oman Company for brokerage in buying and selling foreign currencies and cancel the certificate of incorporation granted to it from the above-mentioned controls regulating the work of exchange companies and brokerage in buying and selling foreign currencies No. (1) of 2022 as amended. With appreciation. https://cbi.iq/news/view/2721
The Success Of The Economy Saves The Drowning Of Politics
Mahmoud Dagher: At a time when some governments of the rentier system insist on expanding analyzes and political approaches and various elements of ideology, there is a decline in interest in the economics and management of depleted oil resources towards diversification in other governments, to the point where the interests of the economy and the well-being of the population take precedence over others, and the criterion for success becomes clamor.
Industry, agriculture, technology, and the accompanying development of human resources, versus whispers of politics and ideology.
Such a conclusion is prompted by what Moody’s credit rating agency published regarding the new credit rating of the Saudi economy, which reached Aa3 with a stable outlook after eight years ago for this agency, it was A1 with a positive outlook for the future.
It means an improvement in the state’s credit capacity, including its entry into the bond markets and the acceptance of its proposals. Financing and with lower interest.
Rather, more importantly, Saudi banks and other financial institutions enjoy the advantage of the new classification after they could not market their financing except with the old classification because financial institutions cannot exceed the classification. State.
Iraq, for example, is classified as B-, and therefore the highest at which its banks can be classified is the same classification or lower.
It was noted a few months ago that the classification of the largest Iraqi bank, TBI, was downgraded.
The macroeconomic credit rating and its changes depend on numerous economic and financial criteria reflected in the levels of financial and economic performance, including the
level of public debt,
growth rates, and
improved private sector performance, as well as
non-oil revenues and the
performance of non-oil output.
The sum of these criteria leads to an improvement in the level of economic diversification of the rentier state under the classification.
Which is the most important conclusion from the new classification of Saudi Arabia compared to other economies.
The growth rates of non-oil production sectors have increased, expectedly, to 4-5%, in addition to the non-oil revenues reaching about 40% in total public revenues. In fact, Saudi Arabia’s non-oil exports grew by 22% for the month of September 2024, and such results lead to an increase in the share of The output of the private sector in Saudi GDP, which is expected for the latter to grow up to 4.7%.
The high rating of the Saudi economy is attributed to a long-term economic path of diversification transformation that is considered the mainstay of long-term growth, as well as the tangible approach to independence from the oil crises.
Providing economic interests towards higher prosperity is what leads to the easing of political and ideological tension, despite its presence in our region that floats on oil and the problems associated with it.
Yes, improving the performance of the economy is a way to save yourself from the drowning of politics.
views 257 Added 11/24/2024 - 7:36 PM https://economy-news.net/content.php?id=50185
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Morning 11-28-24
Good Morning Dinar Recaps,
ROBINHOOD CRYPTO EU EXPANDS OFFERINGS WITH CIRCLE USDC STABLECOIN
Robinhood Crypto EU adds USDC stablecoin, providing users access to regulated dollar-backed digital assets and expanding crypto offerings.
▪️Robinhood Crypto EU added Circle's USDC stablecoin, giving 24M registered accounts access to the dollar-backed asset
▪️Circle's CEO confirmed USDC’s inclusion on Robinhood EU, alongside EURC, benefiting from Europe’s clear crypto regulations.
Good Morning Dinar Recaps,
ROBINHOOD CRYPTO EU EXPANDS OFFERINGS WITH CIRCLE USDC STABLECOIN
Robinhood Crypto EU adds USDC stablecoin, providing users access to regulated dollar-backed digital assets and expanding crypto offerings.
▪️Robinhood Crypto EU added Circle's USDC stablecoin, giving 24M registered accounts access to the dollar-backed asset
▪️Circle's CEO confirmed USDC’s inclusion on Robinhood EU, alongside EURC, benefiting from Europe’s clear crypto regulations.
▪️Robinhood EU supports 30+ digital assets.
Robinhood Crypto EU has expanded the options available on its platform, now including Circle’s USDC stablecoin to its European customers. The integration allows users to access a regulated digital asset that is dollar-based, expanding Robinhood’s product portfolio in the crypto space.
Robinhood Introduces USDC Stablecoin To European Users
According to a recent post on X, Robinhood Crypto EU has incorporated Circle’s USDC into its platform, enabling 24 million registered accounts to access the dollar-backed digital asset. This addition aligns with the trading platform’s strategy of offering users compliant options in the cryptocurrency space.
Circle’s CEO, Jeremy Allaire, acknowledged USDC coming on Robinhood stating that the platform could further boost the use of stablecoins in Europe. Beside USDC, Allaire emphasized on EURC, the euro stablecoin of Circle, as both assets operate within the framework of European regulations.
Circle’s CEO added,
“EURC is the largest Euro Stable, has grown fast this year, is taking advantage of clear and fair regulations in Europe (alongside USDC!) and is growing TX volume, onchain FX use, and more and more exchanges and wallets launching support.”
Crypto Services Across European Markets
Robinhood continues to broaden its cryptocurrency portfolio, offering support for over 30 digital assets. The platform provides the lowest-cost trading across European markets, further cementing its position as a leading crypto platform. The inclusion of USDC in its offerings demonstrates dedication to providing investors with a diverse range of options.
Recently, the trading platform added Dogwifhat (WIF), a Solana-based meme coin, to its list of supported cryptocurrencies. The listing triggered a surge in WIF price and trading volume, highlighting its influence on market trends within the crypto sector.
In parallel developments, Circle launched USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) on the Aptos blockchain. This integration enables the native issuance of USDC on Aptos, improving its functionality within the network. It also enhances cross-chain interoperability and reduces dependence on bridged versions of the stablecoin.
The CCTP rollout facilitates seamless transfers between Aptos and other blockchains, such as Ethereum, Solana, and Base. The move complements Circle’s USDC strategy, further expanding its usability in decentralized finance.
@ Newshounds News™
Source: CoinGape
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METAMASK INTEGRATES VENMO TO ENHANCE FIAT-TO-CRYPTO ONRAMP OPTIONS
MetaMask added a fiat on-ramp feature through Venmo, allowing US users to buy crypto using the payment app, according to a Nov. 27 announcement.
Crypto-focused fintech Moonpay enabled the new payment method.
Venmo, a PayPal subsidiary, introduced crypto transfers for its customers in April 2023. The company has supported buying, holding, and selling crypto since 2021.
Although the MetaMask fiat-to-crypto option is available in roughly 200 countries, the Venmo partnership is only available for US users.
Efforts on payments
MetaMask first launched a fiat-to-crypto feature in April 2023 and has since added support for payment options via Apple Pay, debit and credit cards, PayPal, wire transfer, and ACH bank transactions.
Other MetaMask partners include Transak, Stripe, Sardine, and Banxa, among others.
The company recently launched the MetaMask Card in August in partnership with Mastercard and crypto service provider Crypto Life. The card is still in its pilot phase and is only available in Europe and the UK.
The debit card allows users to spend balances in USD Coin (USDC), Tether USD (USDT), and Wrapped Ethereum (WETH) at any vendor that accepts Mastercard. Additionally, the card is supported by Apple Pay and Google Pay.
@ Newshounds News™
Source: CryptoSlate
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🌱 WHAT IS THE BEST DICTIONARY | Youtube
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
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Thank you Dinar Recaps
News, Rumors and Opinions Thursday AM 11-28-2024
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. 28 Nov. 2024
Compiled Thurs. 28 Nov. 2024 12:01 am EST by Judy Byington
Wed. 27 Nov. 2024: Dr. Charlie Ward said that the EBS would sound in two days, while all indications were that the Global Currency Reset and RV were imminent, but no one knew when. The actual procedure for exchange appointments has not yet been announced.
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. 28 Nov. 2024
Compiled Thurs. 28 Nov. 2024 12:01 am EST by Judy Byington
Wed. 27 Nov. 2024: Dr. Charlie Ward said that the EBS would sound in two days, while all indications were that the Global Currency Reset and RV were imminent, but no one knew when. The actual procedure for exchange appointments has not yet been announced.
Possible Timing: Dr. Charlie Ward on Telegram:
The EBS is about to 9allegedly) begin in just two days!
Buckle Up. Massive Shifts are coming and temporary Martial Law could be on the table.
As the White Hats pull the plug on the Deepstate’s corrupt banking system and transition us to the Quantum Financial System (QFS), chaos is imminent.
Riots, false flags, and turmoil in major cities are expected.
A market crash could be days away.
Total Communication failure is coming.
The EBS will transmit loud emergency alerts directly to mobile phones worldwide via the Starlink satellite system.
During this blackout, there will be (allegedly) NO internet, NO cell service, NOTHING. ATMs, credit, and debit card systems will also go down—they run on the internet. Think about it. This is not a drill.
Wells Fargo, JP Morgan Chase and Bank of America have (allegedly) declared Bankruptcy. More banks are following suit.
This time, there will be NO ONE to bail them out. Depositors could lose everything. Yes, a bank run is not only possible—it’s inevitable. The global financial collapse is here, and the United States is cornered: transition to the new system or perish. There is no other way.
Are you ready? The clock is ticking. The storm we’ve been warning you about is now overhead. Nothing can stop what is coming. EVERYTHING will change. Spread the word.
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Global Currency Reset:
Judy Note: All indications were that the Global Currency Reset and RV were imminent, but no one knew when the green light would light up.
Wed. 27 Nov. 2024: GESARA: The Largest Wealth Transfer in History – Secret Military Operations, Strikes, and Redemption Centers That Have Already Changed the World – Gazetteller
Tues. 26 Nov. 2024: BREAKING: Donald Trump Jr. Drops Bombshells! NESARA GESARA Brings No Income Tax, No Property Tax, and Flat 14% Tax Revolution! – amg-news.com – American Media Group
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Global Financial Crisis:
Wed. 27 Nov. 2024: The Bank of Russia announced on Wednesday that it will suspend foreign currency purchases until the end of the year to reduce the volatility in the financial market. The central bank said in the statement that the regulator will continue conducting currency sales operations linked to the National Welfare Fund on the domestic market, while deferred currency purchases are scheduled for next year. This year, the Russian central bank engaged in limited purchases of foreign currencies to stabilize the ruble. Earlier today, the Russian currency dropped to its lowest level against the dollar and the euro since March 2022 following Washington’s sanctions targeting Gazprom bank, Russia’s third-largest bank.
Read full post here: https://dinarchronicles.com/2024/11/28/restored-republic-via-a-gcr-update-as-of-november-28-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani on television again this afternoon saying the CBI has progressed in the 77 past years and they they have dealt with all the challenges and the reforms...Alaq on television talking about the CBI...the more we listen the more it sounds like he's telling us they're going to be giving us our purchasing power very soon. FRANK: They're telling you your country...bank...economy is exploding. That's impossible at a program rate...It's their way of telling you what they promised you...purchasing power in your currency. It is coming.
Fnu Lnu We are hearing a constant drone of how the GOI is trying to combat the parallel market /black market. Once again, I am calling B.S.! Any thinking person can understand and realize, the way you put an instant end to the black market is to revalue the currency (IQD) to a rate higher / more valuable than the Dollar. I maintain that this is nothing more than a stall tactic to hold off the RV / RI of the IQD. Occam's Razor is almost always the correct answer, but why are they doing this?
Confirmed: China is the 'Secret' Gold Buyer
Arcadia Economics: 11-27-2024
After 18 months of consecutive additions to China's gold holdings, they have now gone several months without reporting any additional purchases.
Yet there's been dispute about whether they are buying gold that they're not reporting, and in this morning's show Vince Lanci confirms that they are indeed the 'secret' gold buyer.
To find out more, click to watch the video now!
MilitiaMan & Crew-Iraq Dinar News-Oil & Gas-Projects-Budget 2024 Investment
MilitiaMan & Crew-Iraq Dinar News-Oil & Gas-Projects-Budget 2024 Investment
11-27-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew-Iraq Dinar News-Oil & Gas-Projects-Budget 2024 Investment
11-27-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
The 10 Golden Rules Of Investing Everyone Should Follow
The 10 Golden Rules Of Investing Everyone Should Follow
James Royal, Ph.D. Tue, November 26, 2024 Bankrate
Investing can often be broken down into a few simple rules that investors can follow to be successful. But success can be as much about what to do as it is what not to do. On top of that, our emotions throw a wrench into the whole process. While everyone knows you need to “buy low and sell high,” our temperament often leads us to selling low and buying high.
So it’s key to develop a set of “golden rules” to help guide you through the tough times. Anyone can make money when the market is rising. But when the market gets choppy, investors who succeed and thrive are those who have a long-term plan that works.
The 10 Golden Rules Of Investing Everyone Should Follow
James Royal, Ph.D. Tue, November 26, 2024 Bankrate
Investing can often be broken down into a few simple rules that investors can follow to be successful. But success can be as much about what to do as it is what not to do. On top of that, our emotions throw a wrench into the whole process. While everyone knows you need to “buy low and sell high,” our temperament often leads us to selling low and buying high.
So it’s key to develop a set of “golden rules” to help guide you through the tough times. Anyone can make money when the market is rising. But when the market gets choppy, investors who succeed and thrive are those who have a long-term plan that works.
Here are 10 golden rules of investing to follow to make you a more successful — and hopefully wealthy — investor.
Rule No. 1 — Never lose money
Let’s kick it off with some timeless advice from legendary investor Warren Buffett, who said, “Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.” The Oracle of Omaha’s advice stresses the importance of avoiding loss in your portfolio. When you have more money in your portfolio, you can make more money on it. So, a loss hurts your future earning power.
Of course, it’s easy to say not to lose money. What Buffett’s rule essentially means is don’t become enchanted with an investment’s potential gains, but also look for its downsides. If you don’t get enough upside for the risks you’re taking, the investment may not be worth it. Focus on the downside first, counsels Buffett.
Rule No. 2 — Think like an owner
“Think like an owner,” says Chris Graff, co-chief investment officer at RMB Capital. “Remember that you are investing in businesses, not just stocks.”
While many investors treat stocks like gambling, real businesses stand behind those stocks. Stocks are a fractional ownership interest in a business, and as the business performs well or poorly over time, the company’s stock is likely to follow the direction of its profitability.
“Be aware of your motivation when investing,” says Christopher Mizer, CEO of Vivaris Capital in La Jolla, California. “Are you investing or gambling? Investing involves an analysis of fundamentals, valuation, and an opinion about how the business will perform in the future.”
“Make sure the management team is strong and aligned with the interests of shareholders, and that the company is in a strong financial and competitive position,” says Graff.
Rule No. 3 — Stick to your process
Experts advise investors to develop an investing process that works for them in good times and bad and then stick to that process. If you’re an investor who wants to dig into the details and you have the time to do so, then use that strength. If you’d prefer to not worry about investing so much or don’t have the time, then index funds could be a great option and deliver attractive returns. Either way, stick close to a process that works for you.
One of the best strategies for investors: a long-term buy-and-hold approach. You can buy stock funds regularly in a 401(k), for example, and then hold on for decades. But it can be easy when the market gets volatile to deviate from your plan because you’re temporarily losing money. Don’t do it.
Rule No. 4 — Buy when everyone is fearful
When the market is down, investors often sell or simply quit paying attention to it. But that’s when the bargains are out in droves. It’s true: the stock market is the only market where the goods go on sale and everyone is too afraid to buy. As Buffett has famously said, “Be fearful when others are greedy, and greedy when others are fearful.”
TO READ MORE: https://www.yahoo.com/finance/news/10-golden-rules-investing-everyone-221036688.html
Seeds of Wisdom RV and Economic Updates Wednesday Evening 11-27-24
Good Evening Dinar Recaps,
TRUMP’S TEAM PICKS PAUL ATKINS FOR SEC CHAIR: REPORT
In the ongoing developments surrounding the rapidly evolving cryptocurrency landscape, Donald Trump’s team has reportedly consider a new Securities and Exchange Commission (SEC) chair to replace the current chair, Gary Gensler. According to the latest report, the Trump’s team has consider pro-crypto former commissioner Paul Atkins for the SEC chair position.
Trump’s Team Consider Paul Atkins to Replace Gary Gensler
Atkins is known for his crypto expertise and innovative stance in supporting this rapidly evolving landscape. Following his election as SEC chair, there is a strong possibility that he could actively back and promote U.S. crypto regulation while encouraging rapid growth in the sector.
Good Evening Dinar Recaps,
TRUMP’S TEAM PICKS PAUL ATKINS FOR SEC CHAIR: REPORT
In the ongoing developments surrounding the rapidly evolving cryptocurrency landscape, Donald Trump’s team has reportedly consider a new Securities and Exchange Commission (SEC) chair to replace the current chair, Gary Gensler. According to the latest report, the Trump’s team has consider pro-crypto former commissioner Paul Atkins for the SEC chair position.
Trump’s Team Consider Paul Atkins to Replace Gary Gensler
Atkins is known for his crypto expertise and innovative stance in supporting this rapidly evolving landscape. Following his election as SEC chair, there is a strong possibility that he could actively back and promote U.S. crypto regulation while encouraging rapid growth in the sector.
Recently, Eleanor Terrett, a journalist at Fox Bussiness, noted on X (formerly Twitter),
“Atkins is someone who is not only crypto-savvy but possesses a deep understanding of the inner workings of the agency as both a former commissioner and staffer under two prior SEC Chairs — Richard C.”
Terrett further added that Atkins is seen as being capable of establishing a pro-innovation agenda while returning the agency to the so-called “gold standard” many in the Republican Party feel was lost under outgoing chair Gary Gensler.
Current Market Outlook
Following this much-awaited update, the overall cryptocurrency market began turning green.
As of press time, top assets including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have registered gains of over 2.75%, 7.5%, and 6%, respectively, in the past 24 hours. Meanwhile, other major cryptocurrencies are experiencing similar upside momentum.
@ Newshounds News™
Source: CoinPedia
~~~~~~~~~
TETHER DOESN’T LIKE MICAR SO DITCHES EURO STABLECOIN
Tether, the issuer of the world’s largest stablecoin, doesn’t like Europe’s MiCA regulations. Other stablecoin issuers are also not keen on the requirement to put a substantial proportion of reserves into bank accounts, as required by MiCAR. But they nonetheless comply. Tether isn’t willing to do so, and today it confirmed it is shutting down EURT, its Euro stablecoin. Users have a year to redeem the coin.
EURT has a market capitalization of €26 million compared to Tether’s USD stablecoin at $132 billion. To date Tether has operated offshore so it’s likely just not worth the work involved to become MiCAR compliant.
MiCAR requires 30% of reserves to be held in bank accounts, with 60% for larger stablecoins. Tether views this as risky compared to investing in Treasuries. Bank deposits also pay less than government bonds.
“Until a more risk-averse framework is in place — one that fosters innovation and offers the stability and protection our users deserve — we have chosen to prioritize other initiatives,” Tether said in a statement.
Tether is known for keeping most of its stablecoin reserves in high risk assets in the past. The company is also accident prone. Over time the quality has improved significantly, but over 15% of its reserves would be considered moderate to high risk.
Instead of becoming MiCAR compliant itself, Tether’s investment arm (with assets separate from the stablecoin) has invested in Quantoz, a company that plans to issue MiCAR compliant US dollar and euro stablecoins. Quantoz will also use Tether’s Hadron tokenization infrastructure.
What about USDT in Europe?
MiCAR came into force for stablecoins at the end of June, but much of the regulations only apply from year end, at which time enforcement actions become a possibility.
The regulations don’t just apply to Euro stablecoins, but other currencies as well. There are caps of €200 million in daily transactions for non euro coins. Given Tether’s USDT sometimes transacts around $100 billion in a day, one might think it would breach these limits.
However, the limits relate to everyday retail transactions. It excludes crypto transactions and all investment transactions and only applies where both the payer and the recipient are within the EU. We previously published a deeper dive into the limits.
Meanwhile, Paxos, the regulated stablecoin issuer has acquired a MiCAR compliant firm, Membrane Finance.
Newshounds News™
Source: Ledger Insights
~~~~~~~~~
WHY ISO 20022 IS ABOUT TO REVOLUTIONIZE FEDWIRE PAYMENTS FOREVER | Youtube
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's Podcast Link
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Subscribe to Seeds of Wisdom Team™ Newsletter
Thank you Dinar Recaps
Good Evening Dinar Recaps,
TRUMP’S TEAM PICKS PAUL ATKINS FOR SEC CHAIR: REPORT
In the ongoing developments surrounding the rapidly evolving cryptocurrency landscape, Donald Trump’s team has reportedly consider a new Securities and Exchange Commission (SEC) chair to replace the current chair, Gary Gensler. According to the latest report, the Trump’s team has consider pro-crypto former commissioner Paul Atkins for the SEC chair position.
Trump’s Team Consider Paul Atkins to Replace Gary Gensler
Atkins is known for his crypto expertise and innovative stance in supporting this rapidly evolving landscape. Following his election as SEC chair, there is a strong possibility that he could actively back and promote U.S. crypto regulation while encouraging rapid growth in the sector.
Recently, Eleanor Terrett, a journalist at Fox Bussiness, noted on X (formerly Twitter),
“Atkins is someone who is not only crypto-savvy but possesses a deep understanding of the inner workings of the agency as both a former commissioner and staffer under two prior SEC Chairs — Richard C.”
Terrett further added that Atkins is seen as being capable of establishing a pro-innovation agenda while returning the agency to the so-called “gold standard” many in the Republican Party feel was lost under outgoing chair Gary Gensler.
Current Market Outlook
Following this much-awaited update, the overall cryptocurrency market began turning green.
As of press time, top assets including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have registered gains of over 2.75%, 7.5%, and 6%, respectively, in the past 24 hours. Meanwhile, other major cryptocurrencies are experiencing similar upside momentum.
@ Newshounds News™
Source: CoinPedia
~~~~~~~~~
TETHER DOESN’T LIKE MICAR SO DITCHES EURO STABLECOIN
Tether, the issuer of the world’s largest stablecoin, doesn’t like Europe’s MiCA regulations. Other stablecoin issuers are also not keen on the requirement to put a substantial proportion of reserves into bank accounts, as required by MiCAR. But they nonetheless comply. Tether isn’t willing to do so, and today it confirmed it is shutting down EURT, its Euro stablecoin. Users have a year to redeem the coin.
EURT has a market capitalization of €26 million compared to Tether’s USD stablecoin at $132 billion. To date Tether has operated offshore so it’s likely just not worth the work involved to become MiCAR compliant.
MiCAR requires 30% of reserves to be held in bank accounts, with 60% for larger stablecoins. Tether views this as risky compared to investing in Treasuries. Bank deposits also pay less than government bonds.
“Until a more risk-averse framework is in place — one that fosters innovation and offers the stability and protection our users deserve — we have chosen to prioritize other initiatives,” Tether said in a statement.
Tether is known for keeping most of its stablecoin reserves in high risk assets in the past. The company is also accident prone. Over time the quality has improved significantly, but over 15% of its reserves would be considered moderate to high risk.
Instead of becoming MiCAR compliant itself, Tether’s investment arm (with assets separate from the stablecoin) has invested in Quantoz, a company that plans to issue MiCAR compliant US dollar and euro stablecoins. Quantoz will also use Tether’s Hadron tokenization infrastructure.
What about USDT in Europe?
MiCAR came into force for stablecoins at the end of June, but much of the regulations only apply from year end, at which time enforcement actions become a possibility.
The regulations don’t just apply to Euro stablecoins, but other currencies as well. There are caps of €200 million in daily transactions for non euro coins. Given Tether’s USDT sometimes transacts around $100 billion in a day, one might think it would breach these limits.
However, the limits relate to everyday retail transactions. It excludes crypto transactions and all investment transactions and only applies where both the payer and the recipient are within the EU. We previously published a deeper dive into the limits.
Meanwhile, Paxos, the regulated stablecoin issuer has acquired a MiCAR compliant firm, Membrane Finance.
Newshounds News™
Source: Ledger Insights
~~~~~~~~~
WHY ISO 20022 IS ABOUT TO REVOLUTIONIZE FEDWIRE PAYMENTS FOREVER | Youtube
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's Podcast Link
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Subscribe to Seeds of Wisdom Team™ Newsletter
Thank you Dinar Recaps
FRANK26….11-27-24…..THE TRUMPET…
KTFA
Wednesday Night Conference Call
FRANK26….11-27-24…..THE TRUMPET…
This video is in Frank’s and his team’s opinion only
Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Wednesday Night Conference Call
FRANK26….11-27-24…..THE TRUMPET…
This video is in Frank’s and his team’s opinion only
Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE