News, Rumors and Opinions Sunday 12-12-21
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 12 Dec. 2021
Compiled Sun. 12 Dec. 2021 12:01 am EST by Judy Byington
The Global Currency Reset was awaiting a Black Swan Event and Market Collapse – which appeared imminent with last week’s default of Chinese Real Estate giant, Evergrande.
On Sat. 11 Dec. Iraq was celebrating their 100th Anniversary and expected to announce their sovereignty before the end of the celebration. The Iraqi News Gazette reported that the US military has ended combat operations in Iraq – a key to Iraqi sovereignty and requirement to revalue their currency.
The Iraqi Dinar was the kingpin of the Global Currency Reset To pay out the GCR, Bonds have been moving in Zurich and some in Tier 3 have been paid partial amounts. On Fri. 10 Dec. a number of large Whale 4A groups (including Paymasters and Group leaders) made arrangements to fly on private jets to appointments.
Since Wed. 9 Dec. Redemption Center personnel who would exchange/redeem Tier 4B (us, the Internet Group) foreign currency and Zim Bonds at the new international rates, have been on duty 8 am through 9 pm. and were told they would be working this weekend.
The Real News for Sat. 11 Dec. 2021:
Global Financial Crisis:
Global Financial Crash Warning: The Global economy could be at risk after Chinese property giant Evergrande defaulted on its debts, leaving a $300 billion black hole in the world economy. https://www.express.co.uk/finance/city/1533944/global-economy-evergrande-defaults-debt-chinese-real-estate-companies
Read full post here: https://dinarchronicles.com/2021/12/12/restored-republic-via-a-gcr-update-as-of-december-12-2021/
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Courtesy of Dinar Guru
Pimpy Article: "Chairman of the Committee of Financial Experts Abdul Basit Turki, reviled today Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwait's compensation" Quote: "After that [Making the final payment], Iraq will submit a request to the General Secretariat of the United Nations requesting that it be removed from the provisions of Chapter VII of the UN charter." Chapter VII is major. It's so big it's one of the biggest steps we need to take in order for Iraq to do any type of rate change...be happy. Be a little excited but don't go overboard. We have no idea what's going to happen...We don't know what they're going to do until they do it. [Post 1 of 2....stay tuned]
Pimpy Article: Throwback - The first time they lifted Chapter 7 2013 "With Chapter 7 Lifted, Iraq Regains Control of Its Own Economy" Quote: "the lifting of Chapter 7 sanctions last month can be considered one of Iraq's biggest achievements...allowing Baghdad to regain control over its own currency, oil and economy." Quote: "One of the biggest advantages of the lifting of the sanction is the return of all frozen assets to the Iraq government estimated somewhere around $82 billion according to the Central Bank data. Its return will not only revitalize the economy it will strengthen the value of the Iraqi dinar and increase its purchasing power." There's reason to be happy. There's reasons to be excited...but stay grounded...there's no date there. There's no rate there. It merely tells you what happens once Iraq is removed from Chapter 7... [Post 2 of 2]
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KTFA:
Samson: The Opening Of The Activities Of The Iraqi Banking Week At Expo 2020 Dubai
12th December, 2021
The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheef, opened the activities of the Iraqi banking week in the Iraq pavilion at Expo Dubai 2020, in the presence of the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi.
In a statement, he said, “The launch of the Banking Week activities in the Iraq pavilion contributes greatly to the openness of the Iraqi banking sector to the Arab and international world, adding that the supervision of the Central Bank contributed significantly to the development of the banking sector.”
He explained that "there are many Iraqi banks that began to expand outside Iraq, and this is what made them obtain good ratings by the competent financial institutions," noting that "Iraq today has become an attractive arena for investments and requires an effective banking sector to keep pace with these investments."
He pointed out that all indicators of the Iraqi banking sector are on the rise, and this is a good indicator for the outside world, of the need to open up prospects for cooperation with the Iraqi banking sector.
On the other hand, the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, praised the central bank's policy that contributed to the development of the banking sector.
Al-Hamidi said, "The Governor of the Central Bank of Iraq, Chairman of the Board of Governors of the Arab Monetary Fund, Mustafa Ghaleb, is now working to ensure the openness of the Iraqi banking sector to Arab and foreign banks, indicating that we commend the measures taken by the Central Bank of Iraq."
On the other hand, the head of the Association of Iraqi Private Banks, Wadih Al-Handal, said that "the event of the Iraqi Banks Week in the Dubai Expo represents an important sign, and a very strong start, to revitalize banking relations with the outside world," noting that "the banking sector today represents a big point. in developing the country's economy.
It is noteworthy that the Iraqi Banks Week, at Expo 2020 Dubai, includes many banking activities, informing the public about the banking services provided by banks, in addition to holding bilateral meetings between Iraqi banks and banks operating in the UAE. LINK
This is a WARNING for You - Lynette Zang
I Love Prosperity: Dec 12, 2021
In this video, we talk to Lynette Zang. Lynette breaks down the shifts in the monetary and banking system, and how it is a massive warning of things to come.
We talk about what an economic collapse could look like, how you can prepare, and why it is important to leave the financial system.