How to Deal With Sudden Wealth Syndrome and Manage Newfound Riches

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How to Deal With Sudden Wealth Syndrome and Manage Newfound Riches

By Amy Livingston

A lot of people have fantasized about suddenly striking it rich. They imagine that a financial windfall – inheriting a fortune from a distant relative, collecting royalties for a best-selling novel, or even winning the lottery – would make all their dreams come true. They picture themselves traveling the world, lounging on beaches, sipping champagne under blue skies while palm trees wave in the breeze.

But when this dream of sudden wealth actually comes true, it often turns into a nightmare. Instead of feeling happy and carefree, people who get rich quickly tend to become stressed and anxious. Their relationships often suffer too, as the money creates distance between them and the people they were once close to.

Sometimes, the newly wealthy try to comfort themselves by going on a wild spending spree. Unfortunately, this often makes matters worse. If the money isn’t as limitless as they thought, their newfound wealth quickly disappears, leading to even more stress.

These problems are so common that psychologists have given them a name: “sudden wealth syndrome.”

Now, maybe you think that if you came into a fortune, you’d be able to avoid these problems – or at least that you’d love the chance to try. But sudden wealth syndrome can happen to anyone, and it’s important to be aware of the problem. That way, if you ever find yourself with a windfall, you’ll know what symptoms to watch out for and how to head them off.

What Sudden Wealth Syndrome Means

Sudden wealth syndrome can damage your life in several different ways. It can lure you into reckless investments or overspending, which can leave you worse off financially than you were before the windfall. It can also cause mental and emotional stress as you struggle to adjust to your new lifestyle. And finally, it can put a strain on your relationships with others – both old and new. 

Effects on Finances

Ironically, gaining too much wealth too quickly can hurt your finances in the long run. People who acquire large sums of money all at once, rather than building it up over time, often lack the skills needed to manage it wisely. They don’t have a good sense of what things really cost or how much they should expect to pay in taxes. They simply assume they can spend as much as they want – and by the time they realize they’re wrong, they’ve often run through most or even all of their new fortune.

This problem shows up with all different kinds of financial windfalls, including:

Lottery Winnings. A famous 2010 study in the Review of Economics and Statistics looked at nearly 35,000 people who won between $50,000 and $150,000 in the Florida lottery. It found that within five years after their wins, more than 1,900 had filed for bankruptcy. This made the bankruptcy rate for lottery winners in Florida nearly twice as high as regular Florida residents.

Inherited Wealth. A 2012 study in the Journal of Family and Economic Issues found that people who inherit large sums in their twenties, thirties, and forties only save about half the money. They either spend the rest or lose it through poor investments.

Short-Term Income. Even people who earn their riches don’t always know how to put them to good use. A 2015 paper in the American Economic Review looked at NFL players drafted in the late 1990s and early 2000s, who earned more in a six-year career than most people do in a lifetime. It found that 15% of them had filed for bankruptcy within 12 years after retirement. Depending on how you measure, that rate is either close to or much higher than the typical bankruptcy rate for men their age – most of whom earn much less.
 
Effects on Emotions

Even when people know how to handle a windfall financially, they can’t always handle it emotionally. Sudden wealth often brings with it a range of new and unpleasant feelings, such as:

Shock. The newly rich have trouble believing the money is really theirs. Sometimes, they’re afraid to tell anyone about their good fortune because they don’t quite believe it.

Guilt. They feel like they don’t truly deserve the money. Often, they notice that others envy their good fortune, and this makes them feel upset and lonely.

Uncertainty. Instead of feeling empowered by their new wealth, they feel paralyzed. They have trouble making even the smallest decisions about what to do with the money.

Anxiety. They fear their newfound wealth will somehow vanish just as suddenly as it appeared. They often develop what therapist Stephen Goldbart calls “ticker shock” – watching the stock market obsessively to make sure their new fortune isn’t losing value.

Goldbart, who often works with the wealthy, says in an interview with WebMD that the newly rich often face an “identity crisis” – especially if they’re still fairly young. Because they no longer need to work for a living, they feel cut off from their peers in the workforce. They aren’t sure how to see themselves as “retired” when their working lives have hardly begun. By contrast, people who strike it rich in their fifties and sixties often handle it better, partly because it’s seen as normal for people to accumulate wealth as they age.

Effects on Relationships

Just as the newly wealthy begin to feel uncertain about themselves, others in their lives often act differently towards them. Close friends and family members often resent their good fortune and treat them with rudeness or disdain, and the newly wealthy feel lonely and isolated as their old friends pull away.

Meanwhile, other people in their lives start acting more friendly and affectionate than before. Instead of easing the loneliness, this show of affection often makes it worse, because they suspect these people are interested in the money and not in them.

They imagine these people are hoping their newly wealthy friend will choose to lend money to family and friends, handing it out to anyone who asks. The newly wealthy tend to pull away from these “friends” as well and feel even more isolated as a result.

In many cases, their own behavior is part of the problem, as well. Their new wealth gives them the freedom to enjoy travel and other luxuries that some friends can’t. If they decide to take off for a week in the Bahamas, most people they know won’t be able to drop everything and tag along – even if their wealthy friend is picking up the tab.

Sometimes, the newly rich try to fill the hole in their lives by forming new friendships with people who share their lifestyle. But even with other wealthy people, it can be difficult to tell if these friendships are genuine or opportunistic.

How to Deal With Sudden Wealth

The above makes it sound like striking it rich could be the worst thing to happen to someone, rather than the best. But it doesn’t have to be. When you are aware of the signs and symptoms of sudden wealth syndrome, you can take steps to protect yourself. You can also learn how to handle your new wealth so it adds to your life, rather than detracts from it.
Protect Your Wealth

The first thing you need to know when you come into a large sum of money is how to protect that money so you don’t lose it all. Here’s what experts recommend:

Keep It Quiet. Financial planner Robert Pagliarini, writing for Forbes, says that when it comes to sudden wealth, “the fewer people who know the better.” By keeping your good fortune a secret, you can avoid the pressure from swarms of people – friends, businesses, and charities – seeking a piece of it. You can also avoid being bombarded with financial advice, which, even if it’s well-intentioned, isn’t necessarily welcome.

Avoid Hasty Decisions. Don’t rush into any decisions about how you’ll spend or invest your new wealth. Avoid making any promises – financial or otherwise – until you know exactly how much you have and how much you can afford to spend.

Financial expert Susan Bradley, author of “Sudden Money: Managing a Financial Windfall,” recommends spending your first few weeks, or even months, as a wealthy person in a “decision-free zone.” This gives you time to process your feelings about your situation before you to decide to act.

Figure Out What You Have. Before you can start putting your money to use, you need to work out how much you really have. This isn’t always obvious at the outset. For instance, as this CNN article explains, a New York City resident who wins a $1.5 billion lottery jackpot and chooses to take the money as a lump sum will actually end up with only $577 million after taxes.

Similarly, if you’ve inherited money, you’ll need to read the exact terms of the will and find out what form the money comes in and what limits there are on how you can use it. So, before you spend a dime, go through all the legal papers tied to your cash windfall, fine print and all. Highlight any terms you don’t understand and look them up, taking care to use only reliable sources.

Set Goals. Once you know how much money you have, start figuring out what you want to do with it. Think about both short-term and long-term goals. You can break these down into four areas: lifestyle, family, future, and charitable donations. This exercise will help you figure out how to spend your windfall wisely.

Hire an Advisor. Once you know what your specific goals are, you can work out how much money you need to put towards each one. This is where a professional advisor can be a big help. A qualified financial advisor can help you figure out how much you can afford to spend each year so your money will last.

They can also steer you towards sensible investments to make the most of your money. To find a financial advisor, start by asking for referrals from friends, family, and professionals you trust, such as a family accountant. Then take the time to vet all the candidates, looking into their background, philosophy, references, and fees. Don’t rush this step; having a financial advisor you can trust is well worth the wait.

Keep Your Guard Up. A financial advisor can also help you in another way: by protecting you from requests for handouts. Refusing to lend money to friends and family can be awkward, but it’s easier when you can say, “I can’t make any loans without checking with my advisor.”

Your advisor can also handle other types of money-seekers, from charities looking for aid to people trying to squeeze money out of you via threats or frivolous lawsuits. You can tell all these people to send their requests to your advisor, which will help shield you from constant pressure.

Control Your Access to the Cash. There’s one more person you need to protect your wealth from: yourself. If you know you won’t be able to resist blowing through your money, then it’s best to stash it away where you can’t get at it easily. For instance, you could use some of the money to buy a house with cash, put some into college savings funds for your kids, and sequester some in retirement funds.

Get Used to Your New Wealth. Finally, take some time to adjust to your new position. Don’t start thinking of yourself as a rich person and spending willy-nilly, or you probably won’t stay rich for long.

Instead, get used to the new income level you’ve worked out with your financial advisor and do some experimenting to see how much it can buy. If you’re really itching to spend some of the money, experts suggest allowing yourself one clearly defined splurge, such as a vacation or a new car.

Enjoy that one luxury and get it out of your system, then settle down and live sensibly on your new income.

Protect Yourself Emotionally

Taking it slow with your newfound wealth can help you financially, as well as emotionally. It lets you process your feelings about your new situation, instead of trying to adjust to a new identity overnight.

The time you spend in the “decision-free zone” will ease you through the shock of suddenly being wealthy. It will allow you to get over your uncertainty and figure out how to invest your money in ways that fit in with your goals and values. This, in turn, will help relieve you of the anxiety about possibly losing your wealth and convince you that you really do deserve to have it.

However, many people need a little more help getting over the emotional stress of going from rags to riches overnight. Bradley says most people dealing with sudden wealth syndrome should consult a therapist. It’s much easier to get through this transition with the help of a professional than to do it all on your own. After all, you can certainly afford it.
Protect Your Relationships

Protecting your new wealth is paramount, but protecting your relationships with others is important too. Experts say one of the biggest mistakes newly wealthy people make is to retreat from the people who were once close to them. Often, they do this because they’ve become insecure and suspicious, fearing that everyone around them is only after their money. Whatever the reason, this behavior only leads to loneliness.

To avoid this problem, experts advise that you make the effort to stay close with your friends. Continue to take part in the same activities you’ve always enjoyed with them, whether that’s a weekly yoga class or a poker night. Holding on to established friendships will help you stay grounded, and having an active social life will cut down on your stress level.

It’s also important to avoid pushing friends away by accident. When you’re suddenly wealthy, it’s easy to get carried away with spending behaviors that your friends can’t easily keep up with. If you suggest replacing that casual poker game with a trip to Monte Carlo, you’ll probably end up leaving your friends behind. So, make a point of remembering their financial limits when you get together.

Finally, remember that while you don’t have to give money to everyone who asks for it, it’s a nice gesture to share the wealth in ways of your choosing.

For instance, flight-attendant-turned-entrepreneur Sandy Stein shares in a BBC interview about how she took one of her best friends from her airline days on a polar bear expedition. Gestures like this – treating your friends to a trip or a social outing – are a way to show your true friends that you still care about them.

Final Word

One of the biggest problems for people with sudden wealth syndrome is that they don’t get much sympathy from others. To a person who’s still struggling along on minimum wage, it’s hard to imagine that a neighbor who just won the lottery could actually be having a difficult time dealing with the change. Many newly rich people don’t dare talk to their friends and family about the problem, because they think it makes them seem obnoxious.

If you’ve just come into money, one of the most important things you can do for yourself is to acknowledge that it is stressful, and it’s okay to need help to process it. When you understand that gaining money is a real source of financial stress, it becomes easier to deal with it like you would any other kind of stress.

Talk with friends, get some exercise, and, if necessary, see a therapist – and don’t feel embarrassed about doing so. Being stressed out about a financial gain is no more shameful than being stressed out about a financial hardship.

Do you know anyone who’s suffered from stress due to sudden wealth?

https://www.moneycrashers.com/deal-manage-sudden-wealth-syndrome/

Sabickford: "A Man Bought a Pocket Taser For His Wife"

TNT:

Sabickford:  This Man Bought A Pocket Taser For His Wife. What Happens Next Is Shocking.

A guy who purchased his wife a pocket Taser for their anniversary submitted this.

Last weekend I saw something at Larry's Pistol & Pawn Shop that sparked my interest. The occasion was our 15th anniversary and I was looking for a little something extra for my wife Julie. What I came across was a 100,000-volt, pocket/purse-sized taser. The effects of the taser were supposed to be short lived, with no long-term adverse affect on your assailant, allowing her adequate time to retreat to safety....

WAY TOO COOL! Long story short, I bought the device and brought it home. I loaded two triple-a batteries in the darn thing and pushed the button. Nothing! I was disappointed. I learned, however, that if I pushed the button AND pressed it against a metal surface at the same time; I'd get the blue arch of electricity darting back and forth between the prongs.

AWESOME!!!

Unfortunately, I have yet to explain to Julie what that burn spot is on the face of her microwave. Okay, so I was home alone with this new toy, thinking to myself that it couldn't be all that bad with only two triple-A batteries, right?!

There I sat in my recliner, my cat Gracie looking on intently (trusting little soul) while I was reading the directions and thinking that I really needed to try this thing out on a flesh & blood moving target.

I must admit I thought about zapping Gracie (for a fraction of a second) and thought better of it. She is such a sweet cat.

But, if I was going to give this thing to my wife to protect herself against a mugger, I did want some assurance that it would work as advertised. Am I wrong?

So, there I sat in a pair of shorts and a tank top with my reading glasses perched delicately on the bridge of my nose, directions in one hand, and taser in another.

The directions said that a one-second burst would shock and disorient your assailant; a two-second burst was supposed to cause muscle spasms and a major loss of bodily control; a three-second burst would purportedly make your assailant flop on the ground like a fish out of water. Any burst longer than three seconds would be wasting the batteries. All the while I'm looking at this little device measuring about 5" long, less than 3/4 inch in circumference; pretty cute really and (loaded with two itsy, bitsy triple-A batteries) thinking to myself, "no possible way!"

What happened next is almost beyond description, but I'll do my best... I'm sitting there alone, Gracie looking on with her head cocked to one side as to say, "don't do it master," reasoning that a one- second burst from such a tiny little ole thing couldn't hurt all that bad. I decided to give myself a one-second burst just for heck of it. I touched the prongs to my naked thigh, pushed the button, and HOLY MOTHER OF GOD, WEAPONS OF MASS DESTRUCTION!!!

I'm pretty sure Jessie Ventura ran in through the side door, picked me up in the recliner , then body slammed us both on the carpet, over and over and over again. I vaguely recall waking up on my side in the fetal position, with tears in my eyes, body soaking wet, both nipples on fire, testicles nowhere to be found, with my left arm tucked under my body in the oddest position, and tingling in my legs?

The cat was standing over me making meowing sounds I had never heard before, licking my face, undoubtedly thinking to herself, "Do it again, stupid, do it again!"

Note: If you ever feel compelled to "mug" yourself with a taser, one note of caution: there is no such thing as a one-second burst when you zap yourself! You will not let go of that thing until it is dislodged from your hand by a violent thrashing about on the floor. A three-second burst would be considered conservative.

SON-OF-A-... That hurt like **% !!! A minute or so later (I can't be sure, as time was a relative thing at that point), I collected my wits (what little I had left), sat up and surveyed the landscape. My bent reading glasses were on the mantel of the fireplace. How did they get up there? My triceps, right thigh and both nipples were still twitching. My face felt like it had been shot up with Novocain, and my bottom lip weighed 88 lbs. I'm still looking for my testicles! I'm offering a significant reward for their safe return!! Still in shock!!

P. S. My wife loved the gift, and now regularly threatens me with it.

More "Tidbits From TNT" Saturday Afternoon 4-30-2022

TNT:

Jambie67:  Hard to believe the month of May begins at midnight. Wow. If you had told me back in early 2009 when we jumped on board this rollercoaster that we would still be awaiting this RV in the year 2022, I would have thought you were completely bonkers.  Alas, here we are. Tick tock goes the clock, and time marches on. Come ON, rv. Show yourself!

CharlieOK:  Come on everyone. If you have been in this for awhile, you know NOTHING is going to happen during Ramadan and all the other eid, etc. stuff related. Tony has given us a reasonable date to look forward to…. But some day it will happen....

Doc:  Charlie - nothing happens during any of the many many holidays, nothing happens when it is hot and nothing happens on any day ending in "y"

CharlieOK:  The point being lost by some is that Nothing is going to happen during Ramadan, period. Lots of days end in y, but R is R.

KaseyKo2:  Lot's of positive things going on behind the scenes, gang. Try to stay on the positive side! We are close to the end!!

Jambie67:  Sunday sundown marks the end of Ramadan. Monday marks the beginning of Eid al-fitr. 👀

Beethovin:  EID is a holiday which follows a specific sighting of the moon. So, based on when a country will see that moon determines the holiday dates. Iraq will end EID on May 7th

BaldingEagle:  EID al-fitr dates can be longer than the 'official' 2 days in respective Nations: 2022 Official? IRAQ: Mon. May 2: EID al-fitr National holiday / May 3: EID al-Fitr National holiday / May 4: EID al-Fitr National holiday / May 5: EID al-Fitr National holiday

Yada:  was just reading that article stated,,,"as for the date of the vote on the emergency support act in the house of representatives, mp muthanna amin stated that "public discussions have been completed on the law in the finance committee, and the vote will be on it after eid al-fitr"

RVAlready:  If I remember correctly, Sadr’s 40 days isn’t over until May 7. He won’t do anything until after that. So, I think, no government or RV chance this week.

Jambie67:  It’s amazing to me that all the times we were told by so many “there’s no way Iraq can go on like this for much longer” and “Iraq can not sustain for much longer like this”, they actually DID go on and sustain for over a decade. I can’t understand how they did it. They, obviously, have much they never divulge. Iraq has many, many cards up their sleeves that we were never privy to.

RVAlready:  Unfortunately, the arrow of time, set the treaties in an order, with Iraq first in line of priority. Thus, we rely on a poorly organized country to mature to the point where this can be safely released. We all hope that the time is just around the corner. Bu we have no crystal ball. We wait for powers beyond ours to greenlight this great project. Hang in there folks, and pray for fruition. Blessings to all.

Chevy:  If we have to wait then at least we are waiting together

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Tishwash: Missile bombing targets Ain Al-Assad base in Anbar

An official security source said, on Saturday, that the vicinity of Ain al-Assad Air Base in Anbar Governorate, western Iraq, was subjected to a missile attack.

The source did not give further details in his statement to Shafak News Agency.

In turn, the so-called Islamic Resistance in Iraq, the “International Resistance Faction”, adopted the attack on the Ain al-Assad base.

The resistance said in a statement that Shafaq News Agency could not confirm its authenticity that its international faction “managed to target the Ain Al-Assad base with two 122mm Grad missiles, and the target was hit with high accuracy.”

Military bases hosting the international coalition forces have been subjected to missile attacks, since the killing of the Iranian “Quds Force” commander Qassem Soleimani in a US raid, in early 2020.

The United States accuses Iraqi armed factions close to Iran of being behind repeated missile attacks targeting its embassy in the capital, Baghdad, and its military bases in the country.  link

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Tishwash:  We do not have a magic wand!".. Al-Kazemi clarifies about" changing the dollar exchange rate

Prime Minister Mustafa Al-Kazemi confirmed the government's success in achieving the highest economic growth rate in two years, while noting that the solution to the political blockage is not .in political speeches, but rather in an attempt to restore confidence

Al-Kazemi said in an extensive interview conducted with him by "Al-Sabah", which was followed by (Baghdad Today), that he did not put in his economic work any promotional goals, warning .that economic reform will not be achieved without suffering

In his response to the decision to change the exchange rate of the dollar, Al-Kazemi explained that changing the exchange rate was not a qualitative decision for this government, but was preceded by studies that spanned years, and said: "We do not have the magic wand to change ".reality in one fell swoop, but we have laid the foundations of normal life

Regarding his failure to participate in the elections, Al-Kazemi affirmed his opposition and .rejection of all requests that she wanted him to participate in

Al-Kazemi expressed his satisfaction with what was accomplished during the two years of the government’s life, and said: “During two years of the government’s work, we succeeded in achieving the highest economic growth rate in the Arab countries, according to International Monetary Fund reports, which expected that the economic growth rate in Iraq would reach 95% within in 2022 and 2023, concluding: "I did what satisfied my conscience in the performance of ".my duties, but on the political level, it is still early to talk  link

Mot.... Works fer Meeeee! ~~~~~

Mot:  ..... and Then!! - and Then!! - Poof! ~~~~~~

Iraqi News Late Saturday Morning 4-30-22

Iraqi News Late Saturday Morning 4-30-22

TLM724 Administrator BondLady’s Corner

Iraq is the fifth largest oil exporter to America last week

Saturday 30 April 2022 09:29 | economic Number of readings: 281   Baghdad / NINA / - The US Energy Information Administration announced today, Saturday, that Iraq ranked fifth as the largest oil exporter to America during the past week.

The administration said in a report, "The average US imports of crude oil during the past week from eight countries amounted to 5173 million barrels per day, down by 110 thousand barrels per day from the previous week, which amounted to 5283 million barrels per day."

She added that "Iraq's oil exports to America amounted to an average of 242 thousand barrels per day last week, and thus it ranks fifth as the largest oil exporter among the ten major exporting countries to America."

She indicated that "most of America's oil imports during the past week came from Canada at a rate of 3.510 million barrels per day, followed by Saudi Arabia at a rate of 438,000 barrels per day, and oil revenues from Mexico at a rate of 391,000 barrels per day, and then Colombia at a rate of 364,000 barrels per day."

According to the administration, "the amount of US imports of crude oil from Ecuador amounted to an average of 108 thousand barrels per day, and from Trinidad and Tobago at a rate of 72 thousand barrels per day, and from Brazil at a rate of 48 thousand barrels per day, while no amount was imported from Nigeria or Russia." / End 8    https://ninanews.com/Website/News/Details?key=973236

With A Difference Of 250 Dinars .. The Exchange Rates Of The Dollar In The Local Markets

Economie| 11:20 - 30/04/2022   Baghdad - Mawazine News  The dollar exchange rates witnessed stability, today, Saturday, on the Iraqi Stock Exchange.  

The selling prices of the dollar were 147,750 dinars per 100 dollars, while the purchase prices of the dollar were 147,500 dinars per 100 dollars.   https://www.mawazin.net/Details.aspx?jimare=191727

l-Kazemi: The Real Blockage Lies In The Failure To Develop The Political Process Based On Balances..And We Do Not Have A Magic Wand

Saturday 30 April 2022 12:02 | political Number of readings: 270  Baghdad / NINA / - Prime Minister Mustafa Al-Kazemi stressed that the real blockage lies in the failure to develop the political process based on balances.

Al-Kazemi said in an interview with the official newspaper: “The solution is not in political speeches, but rather in an attempt to restore confidence. Trust, here, does not mean the necessity of participation or the formation of the government or not, but rather that restoring confidence means that everyone in the government or in the opposition He considers the constitution, laws, national constants, and state institutions to be the main pillars on which he rests.

On the issue of uncontrolled weapons, the Prime Minister said: "It is a thorny and complex file that contains political, social and religious dimensions, and the government must confront it at several levels and with a patient and cumulative vision in the security action."

He continued, "We do not have the magic wand to change reality in one fell swoop, but we laid the foundations of a normal life, and these foundations were achieved after many steps and several legal accounts."

And on the economic situation, Bayan Al-Kazemi: "We have not put into our economic work any electoral or promotional goals, and that real reform will not be achieved without suffering and damage, and this is the reality. But we are with real, balanced reform that needs treatments for the collateral damage caused by important decisions." .

He continued, "We succeeded during two years of the government's work in achieving the highest rate of economic growth at the level of the Arab countries, and I did what satisfied my conscience in performing my duties. As for the political level, it is still early to talk."

He pointed out that today there are officers, associates, and employees sentenced to death or life imprisonment after the law has been applied to them, and there are criminals who are being prosecuted for transgressing the law, as is the case with death squads in Basra Governorate, the killers of Hisham al-Hashemi, organized crime gangs and many others, not to mention the lurking terrorism. /finished9

https://ninanews.com/Website/News/Details?Key=973268

Economic: The Introduction Of The Food Security Law Reflects The Lack Of Fundamental Solutions To Confront The Economic Strikes

Saturday 30 April 2022 10:43 | economic Number of readings: 255   Baghdad / NINA / - The economic expert, Raad Twij, confirmed: "The introduction of the food security law reflects the absence of fundamental solutions at the Ministry of Finance to confront the economic strikes," calling for transforming the Food Security Law into a plan to combat poverty and unemployment.

Twig said in a statement to the National Iraqi News Agency. / NINA /: “Expectations indicate that the growth of the Iraqi economy will be at a rate of 10.5% in 2022, which is the highest growth rate for the Arab countries.”

He added: “It is expected that the growth rate will be close to 13%, so instead of the prepared food security law By the Ministry of Finance, whose allocations were estimated at $25 billion, which is a very large amount, calling for “transforming this law into a plan to combat poverty and unemployment, whose rates are increasing day by day and which may reach more than 30%.”

He added: “We need this amount and more for economic transformation and getting rid of the rentier state of the economy, and with it we find sustainable solutions and turn the Iraqi economy into a productive economy,” noting that: “It is possible to twin the Iraqi economy with the Japanese economy, which needs Iraqi oil and technology.” Thus, we reach solutions in obtaining cheap food, lower poverty rates, and higher employment for the Iraqi economy."

He stressed: "The consumption trend of the Ministry of Finance through the introduction of the Food Security Law reflects the absence of fundamental solutions, and it is better for the Ministry of Finance to listen to other economic opinions and other proposals. Room for other visions about ways of development in Iraq, away from bureaucratic visions. / End    https://ninanews.com/Website/News/Details?key=973252

Orange Corners Signs A Memorandum Of Understanding With The National Bank Of Iraq To Launch A Financing Fund (OCIF) In Baghdad

Money  and business   Economy News – Baghdad  Capta, a leading private sector development company, signed a Memorandum of Understanding with the National Bank of Iraq (NBI) to launch the Orange Corners Finance Fund (OCIF) in Baghdad. Iraq, and Issam Samara, Director of Marketing and Corporate Communications at Capital Bank of Jordan, and Omar Faleh, Director of Communications and Public Relations at Asiacell.

The MoU was signed by Mujahid Wissi, CEO of Capta, and Noha Abu Jaber, Director of Special Projects at NBI - Chairman's Office.

The signing marks the launch of OCIF's Orange Corners Baghdad Finance Fund, a €1 million fund that will be used to support companies entering the Orange Corners Baghdad Program with financial assistance and training.

OCIF Baghdad will be implemented by CAPTA with NBI being the program's banking partner. The Orange Corners Fund OCIF program is funded by the Ministry of Foreign Affairs of the Kingdom of the Netherlands.

The Minister congratulated both CAPTA and NBI and expressed support for the cooperation. The Minister emphasized that OCIF will build on the success of the Orange Corners program and further highlight the Kingdom of the Netherlands' support to build a strong private sector in Iraq.

Supporting Young Entrepreneurs

CAPTA will provide skills workshops and one-on-one training sessions to approximately 100 entrepreneurs participating in the Orange Corners Business Incubator Program in Baghdad. After completion of the six-month program, incubators will be selected to receive additional financial assistance from OCIF and ongoing business support over the next three years. This will be done in close cooperation with the National Bank of Iraq.

OCIF is a plug-in for Orange Corners. It aims to stimulate innovation and improve access to finance for entrepreneurs in Africa and the Middle East.

The fund will address a critical gap in the emerging Iraqi entrepreneurial landscape where financing options are limited and focus mostly on business at later stages.

"OCIF will enhance our ability to support early stage businesses in Iraq, providing them with the financing and training they need to become investment ready," commented Mujahid Wasi, CEO of Capta.

Issam Samara, Representative of the National Bank of Iraq and Managing Director Ayman Abu Dhaim commented, “We are very happy to support this important initiative to support Iraqi entrepreneurs and companies, as it is in line with our goal of being the right banking partner for all Iraqi startups.”

The Orange Corners Fund OCIF will support the incubators who graduated from the Orange Corners Business Incubator Program in Baghdad, which is managed by Capta and funded by the Ministry of Foreign Affairs of the Kingdom of the Netherlands.

Grants, soft loans and a range of investment readiness trainings will be offered to entrepreneurs. The program will be available for both new and previous classes at OC Baghdad.

The Orange Corner Fund OCIF will also see a number of initiatives that include workshops, training, women-focused activities, and scholarships to support the startup ecosystem in Iraq. The OCIF initiative is well aligned with CAPTA's long-term goal of developing the private sector in Iraq and promoting the country's emerging entrepreneurship landscape.   

Views 176 Date Added 04/30/2022   https://economy-news.net/content.php?id=27830

To read more current and reliable Iraqi news please visit BondLady’s Corner:

https://www.bondladyscorner.com/

Global Settlements Planning and Real-World Challenges to Overcome

Global Settlements Planning and Real-World Challenges to Overcome

APRIL 29, 2022   Information Briefing #174   by whitehatauxiliaries

Salve Citizens!

We sincerely hope all of you are well and prospering. Thank you for the overwhelming responses to the chat section. From crypto, Covid, politics, economics and to the Ukraine, the amount of information shared, and the clarity that is brought to many subjects by our readers is truly appreciated. We know the majority of our readers do not comment, but we nonetheless welcome you.

What follows is an explanation couched in the language of reality, and various plans we hope to implement in the near future, along several fronts.  But first, let us briefly comment on the ongoing market in selling fantasy and magic goofus dust to the gullible masses.

There exists, still, many who believe of secret plans being worked on by mysterious groups of fantastically imagined persons, to widely distribute trillions of dollars to the general populations holding various kinds of currencies, or who are enrolled in some kind of program to disgorge such funds as part of a plan to “free humanity”. Such groups almost always invoke heavy new age mysticism and/or fervent religious incantations, but somehow never reasonably explain a legitimate provenance to such a rare altruistic sovereign/banking undertaking.

There indeed is a global restructuring in the works, but it is not for refunding failed political Tammany Hall types, idle wealth seeking megalomaniacs, or non-contributors and goldbricking slackers. What was true in the early days of humanity is still true today: You need to work for your own fortunes. Nobody, especially banking cartels or sovereign treasuries, is going to shovel millions in your direction for nothing, especially at the cost of a nation’s lives or economic wellbeing.

With respect to large sovereign financial transactions, what is truly coming will come in stages. A very carefully planned and realistically funded and structured series of events which will find its way to the corners of the world where need is truly present. From the very source to the end point, at no time will any one of the various self-anointed “guardians of galactic wealth” be handling such a task. Nor will the currency talk-show hosts or suddenly-an-expert bloggers.

But understand that achieving the legitimate distributions is not without an opposition which cares little for you or anyone outside their private club. We have outlined the astonishing level of theft which financial cartels have engaged in to divert funds earmarked for legitimate public good into their greedy, usurious hands. And with virtually no repercussions in any legal court; a true testament to their influence at the highest levels. One such case was the $700,000,000,000 Tropos theft, overseen by Janet Yellen, the treasury felon.

These funds, issued as an ACAT Fund to the Tropos Project Account, held under Wachovia Bank, were blatantly and ruthlessly stolen in transit by the Fed intercepting the SWIFT wire to the Bank, on Yellen’s then Fed watch, where for the last 20 or so years now they have had free illicit use of vast funds meant to fund projects helping millions to do good. They are used instead for the Rothchild’s Fed usury lust. 

Appeals to the highest office in the land resulted in no appropriate action being taken to return stolen funds. For a more thorough expose on this matter, please see White Hats Report #23.

Safety of Elders’ funds is key. This is not accomplished by invoking NESARA wood sprites or galactic forces. Such safety is achieved by being in the trenches, face to face. An iron hand is needed to safeguard such funding from a “Tropos outcome”. For at any time, if allowed, such resources would be waylaid by the claws of treasury goblins. The Elders are being counseled to reject one shady deal after another – all designed to benefit the goblins, and not humanity. The hand that rocks the cradle is ever alert to such dealings and will stop it cold. No propping up of treasury rat nests will be allowed. Such brethren will not be allowed nearby.

The Zionist cabal Petro-dollar confidence scam is ending. Worthless Zionist Fed paper is backed by nothing but hype. They have syphoned out your hard-earned wealth by stealth, as ever. America’s wealth has been stolen by a locust swarm. You will soon be handed the title to an insolvent farmland of husks, while the goblins, sated by plunder, move to their next target of opportunity. Currently, they salivate over Ukraine; standing by to scoop up the bargains while they foster and promote both sides to war.

There are valid reasons why such behavior got them forced out of one country after another for 6,000 years – the good among them paying the price for the actions of the worst among them. They rape, plunder, eviscerate and move on under the cloak of righteous piety. Look at the financial statistics of the fiscal USA.

Does it reflect protecting the nation from being plundered? Or does it reflect a grain silo eaten through with only a pile of rat turds left behind as a thank-you. Who let this happen? Why?

The result of this plunder is now clear. America is on an untenable course. Here is your wake-up call. Consider your plans carefully and be ready for any sudden shock. In all respects. If such-and-such happens, what will you do? Think it through. Politicians, in large part, are not capable of overcoming their own incompetence. They cannot manage the affairs of government. How, then, will they be able to help you manage your affairs?

The Elders will exchange for viable funds and programs, then working with their proven, ethical and humanitarian London parties, will expand out bringing hope where needed. The key and core ethos is to build a vast Global Sovereign Wealth Fund, protecting at all times the capital base integrity of the assets, apportioning the accrued profits toward designated Humanitarian needs and apportioning others towards long term income investment for the fund. 

Another area of high-level focus is the alternative currencies. How we credit line AU, and how we trade out accordingly. What and when. That is ever tasking us to get the balances right in a fast-evolving global marketplace.

Hydroponics is being explored to feed and sustain areas where food production is too low to prevent starvation. Medical technologies which include organ cloning etc., and other vital health services, such as hospital mercy ships that can be dispatched to areas where there is great need are also being looked at.

Aquifer expansion and a plethora of similar project options. Prioritizing which and when. Instead of shielding it all in some tax haven to escalate self-wealth, such will be legitimately registered for proper tax reporting where required by law and openly and closely administered to ensure no political graft can seep in.  

12 just men are all it needs to be administered, and they are there. Good hearts, good men. A true Round Table of Honor. Quietly have hope, it’s coming. Amazing!

And now, let us correct some impressions about jolly old England. Conspiracy theories about London lizard queens and other deluded nonsense serves no useful purpose. There is no singular global elite ownership cabal, and nor does some Galactic overlord control what transpires in the U.K. Such is delusional thinking, pure and simple.

London has no total global power over the planet. It competes like everyone with standards and relationships under ever-growing competition.  All of London’s think tanks and City Liveries are subjected to constant ethical monitoring and priority. Professional elites set high standards or decline as a meritocracy. Rothschild powers were removed long ago. They have no London standing nor would their inclusion be condoned.

There simply is a dearth of high-quality political leadership out there with chaos ruling fools, but this applies worldwide. So, rest assured. The English make their way in life just like everyone else, without assistance from outer space.

The world continues to move towards a Blockchain economy. With that move will most likely come significant chaos as old paradigms give way. The wise will continue to acquire quality blockchain projects and hold them throughout the severe volatility which will continue to manifest as a side effect of increasing adoption and economic uncertainty, both on a local and international level.

This is not the time to call it quits or yield positions to dubious forecasts of doom and gloom. Once again, the goals lie far out in the distance. We will continue to add any new projects to our suggested list of ideas as they arise. Our approach will be as always – to hold value and wait; to remain calm while others frantically try to predict highs and lows.

And, as has been mentioned before, post releases, there may be potential opportunities available via a very strict selection process. We have very little details on this at the moment. But rest assured, if and when the time comes to proceed along these lines, you will be given proper notice by lawfully appropriate means.

The goal will be to empower the capable, the strong, the talented and consistent achievers amongst us to go out and assert a positive effect on society. The carping critics, the complainers, the fantasists, the indolent, the delusional and the indecisive will have to be gently set aside and hopefully given the rehabilitation they require and will have no place at the table being set.

It’s time to re-orient oneself to the present and focus on the future and what we want to make of it.

Continue to be ready for anything.

Thank you, and please stay tuned.   WHA

https://whitehatauxiliaries.com/2022/04/29/information-briefing-174/

"Tidbits From TNT" Saturday 4-30-2022

TNT:

Tishwash:  The quality of production and the volume of exports determine the strength of the currency

T he strength of any currency in the world is determined by a set of factors, some of which are external and internal, perhaps the most important of which are production and export, and a currency cover filled with the cash reserves in the central banks of countries.

Since Iraq has a good currency cover, but it lacks the other factors to sustain sufficient production and export the surplus, and although it exports oil, this is not a commercial commodity that can be exchanged, according to the World Trade Organization.

 In this regard, economic researcher Firas Amer believes that “there are a number of reasons that make this currency strong.”

And those are weak and a third on the verge of collapse.

Amer added that “the currency is a coin or a monetary paper with a specific value that is guaranteed by law by its issuer and usually issued by the central banks of countries, and that there are a set of factors that determine its value, some of which are external and internal factors.”

He explained that “economic factors, in addition to political and military factors, also have a role in determining the value of the currency in the global currency market, and the value of the currency is determined by the country’s wealth and natural reserves (gas, oil, minerals) and the state’s assets, whatever their source.” The value and strength of the currency is also based on the size of the monetary reserves, and the country's production and export capacity.

He pointed out that there are political factors that support the position of the currency, such as the military power and the geographical spread of the country and linking the trade of some important commodities in the world to a specific currency, as is the case with the dollar.

For his part, economic affairs specialist Jassim Hadi believes that “what determines the price of the currency in the markets is the supply and demand for this currency, like any commodity in the markets, as there are many factors that control this supply and demand, some of which are related to the performance of the real economy of the state and its production and service sectors, and the other It relates to dangerous practices such as speculation on currencies and debt securities, in addition to political factors.

Hadi said that “among the factors that control the currency price, the country’s trade balance situation is, the stronger the exports are the imports, the greater the demand for the local currency, and the more the trade balance is imbalanced in favor of the trading partners, the more the demand for the currency decreases and its price falls against the currencies. other foreign.

He continued, “When a country exports more than it imports, it achieves a financial return, and this leads to an increase in demand for its currency and increases the market value of this currency, but when it imports more than it exports, this leads to a decrease in the trade balance, and in return the balance of payments (financial operations between countries) As a consequence, the market value of the currency will decline, and possibly its collapse if the imbalance worsens.”

And the more the trade deficit worsens and the state is unable to cope with it, the more this affects the value of the currency in this country, and this is justified by the fact that the authorities are forced to increase the resort to loans and thus increase the interests and then inflation.

For her part, economic researcher Lubna Al-Shammari confirmed the possibility of supporting the strength of the Iraqi currency after studying and analyzing the reasons for its decline, and standing up for real treatments.

Al-Shammari added that “one of the reasons for the current situation of the Iraqi currency is the weakness of the volume of production, and therefore it must be increased by putting an end to imports and making them limited to what cannot be produced locally, whether it is food production, consumer or other.”

She pointed to "the need to enhance non-oil exports and activate investments, in addition to providing government support to the private sector in the agricultural, tourism and other supporting sectors, which would raise and increase the strength of the dinar and adjust the exchange rate to make it compatible with Iraq's capabilities, history, relations and geographical location, which qualifies it to be Its currency is strong with the currencies of neighboring rich countries.   inkl

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

Tishwash:  Interact with the white paper

Active political and economic forces in the economy and society differed on what was stated in the white paper, and this is the nature of things with each new, especially we are a society that differs according to vertical rather than horizontal affiliations, where the sub-identity flourished at the expense of patriotism, and this is the reality of the situation before and after 2003, so The white paper comes with a pragmatic spirit concerned with the new construction immediately after overcoming the futility of fighting the old. 

Its six goals, which begin with redefining the role of the state according to the constitution, up to the last goal of protecting vulnerable groups in society, passing through four logistics, are supposed to create an infrastructure for the last goal, which is the protection of vulnerable groups. 

These groups have a direct relationship to national security and provide stability for investment, as they cracked many of the policies of the past forty years, and given the financial abundance and growth according to the expectations of the World Bank of 9/8% thanks to oil, the Ukrainian war and the Corona, these groups are suitable for the process of protecting them to be a central goal number one

And the rest of the paragraphs and logistics of political and economic reform, which we mean by protecting vulnerable groups is the provision of public services from the provision of education, health care and social protection, as mentioned on page 7 of the white paper, and that the fragile groups will become an active group for the public interest after the spoils and the fragile political and moral sharing . 

The ration card alone is economically isolated in terms of allocation, as it remains emergency and temporary, in addition to that, any ration card is incomplete for poverty ranging between a quarter and a third of the population, and the ration goes a lot to those who are not entitled to it. As the two services floated to deepen and perpetuate poverty in combination with the cost of generator and communications, thus becoming the ration card alone and threatened by the financial and economic arenas, and therefore the secret of the fragility in front of these descriptions lies in social security, in implementation of the constitution that oil belongs to the people, through the enactment of a law that translates the paragraph on ownership oil. 

The alternative guarantor that constitutes sustainability for food, medicine and services with its health, educational and social security wings is the agricultural, animal and industrial product, so that our factories are not just a secondary tributary in the provision of materials, which is that its raw materials are Iraqi from sugar cane and beet farms to tea farms in Southeast Asia, passing through farms Olives, cotton seeds and sunflowers, as well as the rest of industries and agriculture by modernizing the latter through licensing rounds to provide water, which was determined by the geography of Iraq as a downstream country, which did not use its supposed papers with the upstream countries. We are a source country.  

The white paper is ahead of the entities and components, as it realized the situation that others did not present any financial or economic paper, nor did they see the minimum level before or after all electoral cycles, which gives it the most likely being a realistic vision more than many, despite its shortcomings and liberalism.   link

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

Tishwash:  Iran announces the date for Iraq to pay its debts

The Chairman of the Iranian-Iraqi Joint Chamber of Commerce, Yahya Al Ishaq, announced today, Saturday, the provision of the grounds for the repayment of Iraqi debts to Iran, setting a date for the start of payment.

The Iranian news agency "IRNA" quoted Al-Ishaq as saying that "the normal procedures for paying Iran's financial dues, based on the agreements reached by the two countries, will begin in the coming days."

He added, "The visit of the Iraqi Minister of ElectricityAdel Karimto meTehranDuring which they discussed the repayment of the Iraqi debts owed to the Iranian ministries of energy and oil, adding, "The ongoing transactions between the two countries are conducted through the private and public sectors.

He explained, "The commercial exchanges of the public sector are taking place in the field of energy, and the sector demands...Iraq A billion dollars in money, and you will pay it back Baghdad Based on the agreements reached by the two countries and within the framework of the Central Bank’s strategy.”

He continued, “The Iranian private sector demands, from…Iraq Amounts of money worth $9 billion, and there is no problem with the payment system, and they are received in different ways.”

He pointed out that “agreements were reached regarding the continuation of importing Iranian energy to continue trade between the two countries in this field following the visit of the Iraqi Minister of Electricity to Iran    link

Insight into Raising the ""Boy Wee Folks"" ~~~

Mot:  Who Took My Cereal??? - NOT ME!!! ~~~

News, Rumors and Opinions Saturday Morning 4-30-2022

Wolverine Friday Night message

This came from a high level contact 

Please take NDA seriously as once you signed the NDA you are not allowed to talk about your blessing period for as long as the NDA is valid to.

 Do not put out photos of your new car or your new home or anything that is going to get people’s attention as you will be caught and your assets will be frozen.

Courtesy of Dinar Guru

Bruce   [via WiserNow]   we’re hearing that we will have our tier 4A & 4B group exchanges initialized a couple days prior to the 5th  - well that would be the 3rd of May...So that is our window and it looks like they are going to hit this either the 3rd or 4th of May – which is Tuesday and Wednesday – of next week...Realistically…we’re looking golden for next week -  Tuesday – Wednesday – Thursday -  3rd 4th 5th...This is going to be an incredible week for us...

Frank26  Question:   "It was said that the CBI would give at least 10 years to exchange is that still hold true?"  The CBI will give you ample time IMO at least a year or more...I think they'll give you plenty of time.  That's the least of your worries...

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

“RV Entrusted to the Wrong People” by Mr Patient – 4.29.22

Hi all,

I’m sure most of us here have been following RV news for many years. I have been listening to the various stories for past 15 years and my conclusion is the wrong group of people have been entrusted with this honorable task of RV. The level of incompetency is horrendous and any small organization with this much time to prepare and to learn from mistake can already pull it through many times over.

I’m just wondering if the brilliant minds behind this great plan is laughing somewhere wondering why they chose the wrong people to execute this plan.

We are all tired of lies and the trial and error and nonsensical ISO for Venezuela or Iraq. Anyone who is even a little wiser will know that those are pure lies.

The ones behind RV if you somehow read this… please reach out to people who can do the job better and fire all the incompetent fools who are running the show now. By the time you get things done there is no need for RV anymore. 

normally patient mr Patient

https://dinarchronicles.com/2022/04/30/rv-entrusted-to-the-wrong-people-by-mr-patient-4-29-22/

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

X22 Spotlight Report:

The Destruction of the Old Economic System has Begun (w/ Bob Kudla)

Published April 29, 2022   Today’s Guest: Bob Kudla

Bob is the created and owner of Trade Genius Academy.  Bob begins the conversation talking about the high fuel prices, the fuel prices are rising and using the strategic reserves will not stop it. Food shortages are on their way. The [CB] is pushing their great reset plan but it has failed, the patriots accelerated it all and the destruction of the old economy has begun, the new system is on the horizon everything is in place.

https://rumble.com/v12wcr8-bob-kudla-the-destruction-of-the-old-economic-system-has-begun-the-cb-has-f.html

We Are in a Hyperinflationary Depression and Things are Still Heating Up Warns Lynette Zang

Stansberry Research:  4-29-2022

[The United States] is heading into a recession," says Lynette Zang, Chief Market Analyst at ITM Trading. Zang tells our Daniela Cambone, "there's no doubt in my mind that we've begun the hyperinflationary depression, that's the next step."

 The dollar just hit, "a 20-year high against key trading partners," however, U.S. purchasing power is continuing to diminish, she articulates. "Gold is the only financial instrument that runs no counter-party risk, and is the only asset that is truly invisible," she states.

Due to the dollar losing the status of the world's reserve currency, "the [U.S.] will suffer the most.” Zang remains critical of the storage of wealth in the form of blockchain technologies, concluding that, "precious metals will enable you to survive anything."

https://www.youtube.com/watch?v=2Tq6cGqhXi8

Stock Market CRATERS Breaching A Key Level. Russia Threatens To Strike US Interests.

Greg Mannarino: 4-29-2022

https://www.youtube.com/watch?v=UqmnCNU0AJA

Early Saturday Morning Iraq News 4-30-22

Early Saturday Morning Iraq News 4-30-22

The Quality Of Production And The Volume Of Exports Determine The Strength Of The Currency

Saturday 30 April 2022 70The quality of production and the volume of exports determine the strength of the currency Alsabaah-138531

 Baghdad: Mustafa Al-Hashemi   The strength of any currency in the world is determined by a set of factors, some of which are external and internal, perhaps the most important of which are production and export, and a currency cover filled with the cash reserves in the central banks of countries.

Since Iraq has a good currency cover, but it lacks the other factors to sustain sufficient production and export the surplus, and although it exports oil, this is not a commercial commodity that can be exchanged, according to the World Trade Organization.

 In this regard, economic researcher Firas Amer believes that “there are a number of reasons that make this currency strong.”

And those are weak and a third on the verge of collapse.

Amer added that “the currency is a coin or a monetary paper with a specific value that is guaranteed by law by its issuer and usually issued by the central banks of countries, and that there are a set of factors that determine its value, some of which are external and internal factors.”

 He explained that “economic factors, in addition to political and military factors, also have a role in determining the value of the currency in the global currency market, and the value of the currency is determined by the country’s wealth and natural reserves (gas, oil, minerals) and the state’s assets, whatever their source.” The value and strength of the currency is also based on the size of the monetary reserves, and the country's production and export capacity.

He pointed out that there are political factors that support  the position of the currency, such as the military power and the geographical spread of the country and linking the trade of some important commodities in the world to a specific currency, as is the case with the dollar.

For his part, economic affairs specialist Jassim Hadi believes that “what determines the price of the currency in the markets is the supply and demand for this currency, like any commodity in the markets, as there are many factors that control this supply and demand, some of which are related to the performance of the real economy of the state and its production and service sectors, and the other It relates to dangerous practices such as speculation on currencies and debt securities, in addition to political factors.

Hadi said that “among the factors that control the currency price, the country’s trade balance situation is, the stronger the exports are the imports, the greater the demand for the local currency, and the more the trade balance is imbalanced in favor of the trading partners, the more the demand for the currency decreases and its price falls against the currencies. other foreign.

He continued, “When a country exports more than it imports, it achieves a financial return, and this leads to an increase in demand for its currency and increases the market value of this currency, but when it imports more than it exports, this leads to a decrease in the trade balance, and in return the balance of payments (financial operations between countries) As a consequence, the market value of the currency will decline, and possibly its collapse if the imbalance worsens.”

And the more the trade deficit worsens and the state is unable to cope with it, the more this affects the value of the currency in this country, and this is justified by the fact that the authorities are forced to increase the resort to loans and thus increase the interests and then inflation.

For her part, economic researcher Lubna Al-Shammari confirmed the possibility of supporting the strength of the Iraqi currency after studying and analyzing the reasons for its decline, and standing up for real treatments.

Al-Shammari added that “one of the reasons for the current situation of the Iraqi currency is the weakness of the volume of production, and therefore it must be increased by putting an end to imports and making them limited to what cannot be produced locally, whether it is food production, consumer or other.”

She pointed to "the need to enhance non-oil exports and activate investments, in addition to providing government support  to the private sector in the agricultural, tourism and other supporting sectors, which would raise and increase the strength of the dinar and adjust the exchange rate to make it compatible with Iraq's capabilities, history, relations and geographical location, which qualifies it to be Its currency is strong with the currencies of neighboring rich countries.”   LINK

We Do Not Have A Magic Wand!".. Al-Kazemi Clarifies About The Change In The Dollar Exchange Rate,

Article  at link   https://baghdadtoday.news/ar/news/187646/A

The 2022 Budget And The Uncontrolled Weapon.. Alsumaria News Publishes The Text Of A Detailed Dialogue Conducted With Al-Kazemi
Policy  2022-04-30 | 04:02  Source:  Alsumaria news

So, I think the solution is not in political rhetoric, but in trying to restore confidence. And trust, here, does not mean the necessity of participation or the formation of the government or not. Rather, restoring confidence means that everyone in the government or in the opposition considers the constitution, laws, national constants, and state institutions to be the basic foundations on which it rests.

We need a new atmosphere and deep discussions regarding the overall political situation, including agreement on fundamental constitutional amendments in order to begin steps to restore confidence, and then end political blockages, whether today or in the future.

White Paper

* Do you think that the White Paper was able to overcome financial difficulties? Is it possible to pass this paper to complete what you started?

  First, we must bear in mind that the current government, which was honored to preside over it, came in an exceptional situation, and it had a basic and main task, which was to reach free and fair elections. . Everyone remembers the exceptional circumstances under which the government came: a stifling economic crisis, low oil prices, and the outbreak of the “Corona” epidemic that affected all countries of the world and in all walks of life in an unprecedented way.

In fact, from the first month of the government’s life, I was required to provide the necessary funds to pay the salaries of employees, retirees, beneficiaries of social welfare benefits, basic state expenses, measures to combat the Corona epidemic, and basic security requirements, which are about 10-12 trillion dinars per month.

On the other hand, the state's resources at that time, especially in the oil sector, did not exceed one trillion dinars only due to the collapse of oil prices.

Yes, we have overcome this bitter reality by all possible means and by all available methods, but I cannot be a false witness in front of our people, and I am not the type to bet on deceiving people and misleading public opinion. So I said and always say that the economic structure in Iraq You need a comprehensive reform in order to face the future and prepare for all crises and obstacles, if they are repeated.

During the two years of the government's work, we succeeded in achieving the highest economic growth rate in the Arab countries, according to the reports of the International Monetary Fund, which expected the economic growth rate to reachIraq to 9.5% during 2022 and 2023.

This growth came on the basis of reformist beginnings, and we are not saying that they were without errors, but it was the foundation of a scientific reformist approach that laid down the white paper for its building blocks.

Unfortunately, many of those who criticized the white paper did not bother reading it and did not try to discuss it, and in the end it is not a sacred text, but rather an attempt to save the economy of this country, and this (white paper) is subject to amendment, addition and update according to local and international economic developments.

We said that the continued dependence on oil, which finances 95% of the country's general budget, is a great crime and an unacceptable injustice to the right of this generation toIraq and future generations, that is why we tried to reduce the budget’s dependence on oil and succeeded in part, and this reduction must continue so that the oil resources would be in the interest of

[url=https://www.alsumaria.tv/Entity/1767315046/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%A3%D8%AC%D9%8A%D8%A7%D9%84/ar/]Generation Fund[/url] Not for non-strategic monthly consumption.

Dollar exchange rate

* How has changing the dollar exchange rate affected economic reforms? How did you face its repercussions?

  It must be said that we did not set any electoral or promotional goals in our economic work, and we say that real reform will not be achieved without suffering and damage, and this is the reality. But we are with real, balanced reform that needs to address the collateral damage caused by important decisions.

Therefore, in the 2021 budget, for example, and in conjunction with the change in the dollar exchange rate, we raised the social welfare allocations in the General Budget Law to 3 trillion dinars, and this number was allocated to the groups that we expected to be most affected based on specialized studies, and we were not bidding on the No one, but we were dealing with the negative effects of the appreciation of the exchange rate and improving the living conditions of the low-income people. But the brothers in the previous parliament refused to listen to our arguments in this regard and reduced the amount to less than 700 billion dinars only.

At the same time, they also reduced the investment budget, which aimed to revive the labor market, motivate projects, spin the wheel of the local economy, and activate the role of the private sector.

That is why we say once again, returning to the concept of trust in political action, that the country cannot advance without building trust at all levels, especially in the relationship between the executive and legislative authorities to achieve harmony in reform steps and prevent clashes or jurisprudence that may have consequences. negative.

Everyone knows that changing the exchange rate was neither a qualitative decision nor the decision of this government, but was preceded by studies that lasted for years, and all political forces and the House of Representatives participated before taking it, based on the fact that oil prices may not meet in times of crisis the minimum requirements of our people, and that we We need to work together to correct the Iraqi economy.

loose weapon

  * You started the way to confront the uncontrolled weapons, but there are those who believe that nothing has been achieved in this file?

This accusation lacks two qualities, credibility and fairness. Credibility because whoever launches it must first review all the steps taken by the government in the file of loose arms, and invoke the fact that this is not a temporary and immediate decision taken by the authorities, rather it is a thorny and complex file that contains political, social and religious dimensions, and the government must confront it at several levels and with a patient and cumulative vision In the act of security.

Whoever reviews the conditions in 2020 with credibility and away from an atmosphere of opportunism and review, must admit that there has been a significant development in the security file at all levels, starting with resetting the outcomes of the social crisis produced by the popular demonstrations between 2019 and 2020, and then restoring the trust that was broken between the people and the security institutions, by drying up the sources of terrorism, breaking its thorn, besieging the outlaws, and working to apply the law to everyone without exception.

And I say that this accusation is also unfair, because every fair person has to review the activities of murder, terrorism, organized crime and security turmoil in 2019-2020 and compare them with the reality we live in now.

We do not have the magic wand to change reality in one fell swoop, but we laid the foundations of normal life, and these foundations were achieved after many steps and several legal accounting.

Today, there are officers, associates, and employees who are sentenced to death or life after the law has been applied to them, and there are criminals who are being tried for transgressing the law, as is the case with death squads in Basra province and murderers

[url=https://www.alsumaria.tv/Entity/1357825219/%D9%87%D8%B4%D8%A7%D9%85 %D8%A7%D9%84%D9%87%D8%A7%D8%B4%D9%85%D9%8A/ar/]Hisham Al Hashemi[/url] Organized crime gangs and many more, not to mention the lurking terrorism.

The question is: is all of this enough? Answer: No. Certainly we need more work to get things back in full order and bring everyone under the rule of law. And the other question: Has nothing been achieved in this file? Here I leave the answer not to political jurisprudence or media reviews, but to the Iraqi people, who have become more adherent to the law and more adherent to the state and an understanding of the complex circumstances and the minefield in which this government has walked. Therefore, I do not ask for media or political justice because I am certain and confident that our people are just.

Farewell Tweet

* After the elections, you launched a tweet that the media considered a farewell tweet, and that you have accomplished what you had to do and will not engage in politics again, and the proof is that you did not compete in the elections. Was it really a farewell tweet?

  I say frankly that I personally, and I bear the responsibility, opposed and rejected all the requests that wanted me to participate in the elections, some of which were from my work team, political forces and representatives. Everyone believed that the natural context was the participation of the Prime Minister in the elections and the achievement of a difference in the seats in Parliament.

But I said at the time, and I repeat that day, that I was tasked with forming a government in light of a severe social, political and economic crisis that threatened all Iraq The goal was to reach a special road map that would lead to fair and transparent elections and lead the country to safety.

The decision I took at the moment of commissioning this government to be the organizer of the elections and not a party to them. And if I had participated in the elections, I would have broken the pledge before the people, and I claim that I am not breaking the pledge. With regard to the first part of the question, his answer is also related to the second part.

The tweet you launched translates the basic principles of any democratic system, which is that elections represent the natural way out of political crises, and that government formation mechanisms must be completed as defined by the constitution. I headed a government for a transitional period and did what satisfied my conscience in carrying out my duties at this stage. On the political level, however, it is still early days in this regard.

Social Activities

* It has been noticed recently that there are extensive activities for the Prime Minister at different levels. Is this an introduction to a new political role?

In fact, the activities I carry out are part of my natural duty as Prime Minister, and there is continuous work at all levels that has never stopped.

But with regard to social activities and meeting people, in fact, I admit that I do more of them for a personal reason. Sometimes I deal with the personal pressures that I face in government work, whether political or security, by returning to people by inviting them or visiting them in their places.

This represents my personal stability. And if I may say, it's more like a cure. Our people and our people are good and patriotic and suffer a lot, but they are also intelligent in every sense of the word, and they are honest, and that is why they know who is honest with them and who is not.

2022 budget

 * As a caretaker government, you face obstacles related to preparing the 2022 budget. Parliament gave you the authority to prepare it, but there are those who say that you will transfer it to the next government?

This topic has been under discussion during the past period, and we believe that it would be better if there was a government with full powers to present the draft budget law for the year 2022 with the conditions and specifications required by the economic reform project and the political and economic transformations and challenges taking place in Iraq and the world.

As for its transfer to the next government, the matter depends on the speed of formation of that government, and there are immediate legal solutions that can overcome the damages that occur due to the absence of the budget.

Food Security Law

* The above order applies to the Food Security Law. You supported this law as it covers the absence of the 2022 budget, how accurate is that?

The truth is that the preparation of this law and its submission to the House of Representatives was due to the global economic crisis caused by the war between Russia and Ukraine and the rise in oil prices, and consequently the high prices of goods and services globally and the inability to legislate the budget at the present time. Obstacles of the current crisis and providing cover to support the poor classes, support the ration card, and finance many strategic projects that are threatened with suspension due to lack of funding.

Password

* What is the password with which you were able to resetIraq How did you achieve this difficult equation by establishing good relations with all the important countries for Iraq without exception?

If I may use the term “password”, then this word is the word I use internally, trust and credibility as well. Some people understood politics as an opportunistic project, and this is a completely wrong concept. I believe that politics has many ethical aspects, and the most important of these aspects is building on commonalities and building trust.

A country cannot develop naturally apart from its neighbors, and all countries of the world must have good and sound relations with everyone. Iraq May God endow it with an important geostrategic position in the region and the world, and this site requires us to be a meeting point and not a point of intersection.

But unfortunately we were a point of intersection for many decades before 2003, and we reached dangerous limits with a threat Iraq To be an arena for a direct war between different countries, so we tried to devote the concept of convergence.

And by the way, we did nothing other than what the Iraqi constitution mentioned, which stipulates that it be preserved Iraq Balanced relations with other countries and away from the policy of international axes, and not to be a source of threat to its neighbors and the world, and the establishment of external relations on the basis of interest and mutual respect,

and in addition to all that we tried to build those relations in a state-to-state manner and in an institutional and not individual style, and thank God we were able to achieve relations Distinguished with all the countries that felt the seriousness of what he was proposing Iraq From visions and projects based on partnership in interests, and refusing to transfer Iraq Rather, we tried to create a positive and healthy atmosphere with everyone that ultimately leads to creating investment opportunities and economic integration.

And work is still going on in the file of foreign relations, and it needs more effort to complete what we started.

Mediation between Iran and Saudi Arabia

* You have made great efforts to achieve rapprochement between the Kingdom of Saudi Arabia and the Islamic Republic of Iran. What is the extent of development regarding this mediation, and are there upcoming rounds?

  yes,Iraq He has a direct interest in achieving understandings between the countries of the region and achieving regional stability.

And because we have good relations with both parties and with various regional and international parties, we were able to create a positive dialogue atmosphere on the ground. Iraq Many of them have not been announced.

The brothers in the Kingdom of Saudi Arabia and the Islamic Republic are dealing with the issue of dialogue with a high responsibility and the requirements of the current situation in the region, and we are confident that the understanding is soon, God willing, and there is a real and wide breakthrough in the relations between all the countries of the region, backed by a firm conviction and sound intentions that the future of the region depends on the beginning Looking at it as a system of converging and not intersecting interests, and that this system cannot devote itself to economic construction and catch up with global development without solving its problems and zeroing its crises.   LINK

Short Friday Evening Update With MarkZ 4-29-2022

Friday Evening Update with MarkZ 04/29/2022

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: can I prove to my banker that I am not insane yet?

Member: Many play the game of Monopoly, some play Risk, most of us are playing Survivor lol

Member: I can’t beleive its another weekend again.

MZ: Even though the news has been very quiet there is no changes in expectations. I am still hearing around the 7th through the 10th because if Iraq wraps things between the 3rd to the 7th….it gives them a 3 day window.

MZ: I did speak to one Prosperity package recipient who did have someone call to make sure the address was correct…..no phone number…just address. Maybe it means they will still be delivering packages and not just calling them.

MZ: I really wish I had more for you on the RV front but, I just don’t.

Member: I’m pretty sick of eating popcorn and nothing burgers.

MZ: I am also tired of nothing burgers…..just like all of you.

Member: so, is it next week now?

MZ: Actually…I believe  it may be next week.

Member: Lots of folks think it is next week!!

Member: It's been next week forever, Rip off the dang band aid!

Member:  I heard we might RV on the 5th of May

Member:  according to Charlie Ward you know more than you are saying .

Member: I saw on PPN today Chas got a hot message from Bruce that tier 4B that holds zim bonds will be notified Tues May 3 to start appointments May 4. Watch 12 noon show on PPN for today!!

Member: Whitehats, Less disinformation more action!

Member: Simon Parkes reported that Deutsche Bank was raided by police.

MZ: Well here ya go “Deutsche Bank headquarters in Frankfort  raided over suspected money laundering” I’m surprised it took them this long to do this. It shows that they are finally going after the elite. Are any of you guys surprised?

Member: Deutsche is a Criminal Operation

MZ: Zerohedge Article “ A new gold standard ? Kremlin confirms intention to back ruble with gold and commodities”  It is nice to see these stories running in main stream media.

Member: ​SWITZERLAND is moving over to their NEW CURRENCY! TODAY

Member:  DOW:2.77% NASDAQ 4.17% S&P 3.63% WOW what a pounding

Member: Mark, Stock Market has to be close after closing today

Member: May 10th- Mercury goes retrograde.....gonna be a bumpy ride once Mercury kicks in....

Member: I can't believe we are morphing into ANOTHER month!!

Member:  We have no choice but to hang in there.

Member: Thanks Mark and have safe travels tomorrow.

Member: Have a Lovely Weekend Everyone!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

Mod: No Saturday Podcast. Mark will do a Sunday update at noon est…. He will be traveling tomorrow.

The next stream is Sunday at 12pm Noon  est……..

https://www.youtube.com/watch?v=g9uRANUHexw

Some "Warm Fuzzies and Smiles" Posted by Mot at TNT

TNT

Mot: The Pay it forward effect

“Today a lady and her mother and husband came in to our Home Depot telling us that the insurance company may or may not pay for their little boy’s walker, so they went on the internet and found plans to make one out of PVC pipe.

My store manager heard about this and we went over to them looked at their plans and said, ‘We got this.’ So, we started putting it together told the family to go and enjoy ice cream and come back in an hour.

Other associates started jumping in and when the family came back it was done. Logan walked around with the biggest smile on his face.

When the family tried to pay us, we said, ‘No way this one is on us.’

Thanks to all that help and for being a blessing to this family and to this little guy."

Mot:  An encounter at a gas station written by Nicole Marie Heintz and shared by Love What Matters is spreading like wildfire as it reveals the very depths of God’s mercy and His contagious love.

The post reads:

So I was just on my way to work and I had to stop for gas so I allowed myself some extra time to get to work. When I pulled up to the pump I shut my car off and saw this middle aged man crying looking at the gas pump. I began to wonder what happened with this man and as I got out of my car and looked at him my heart felt like it stopped.

In Apple Valley, Minnesota it is 10 degrees and freezing cold with the wind. This man was wearing flip flops with socks covered in holes. I look at his car and see his wife in the front seat covering her face in her hands and the 2 teenage girls both cuddling under a blanket in the back seat.

I didn’t even think and I went up to the man and said ‘sir is something the matter?’ He looked at me and I could tell he was on the verge of giving up because he didn’t even try to conceal his tears when he said ‘I can’t even provide for my family.’

Without even thinking I put my card in his machine and told him Jesus Christ the Son of God died to provide for you. Fill up. Something, something came alive in him. He was in shock and it was like he forgot how to pump gas.

In that same moment his wife got out of her car, she asked her husband what was going on and he told her I just payed for their gas she started to cry and came around the corner to shake my hand when I saw her pants dirty and torn. I asked her to come to my car.

The airport lost some of my luggage on my way to MInnesota from California and I had to clean out my closet to find stuff to wear and get rid of a lot of stuff all of that stuff that I had yet to give away was sitting in the back seat of the car and in the trunk. I opened up my car and told the lady to take what she wanted.

This lady RAN back to her car. I was so afraid I had just embraced her but a moment later her and her two girls were digging through those clothes layering my sweatshirts and shirts and sweat pants over the worn out clothes they had been wearing.

Soon the father had finished pumping the gas and came over. This attracted a little crowd at the gas station. And some older man gave the family a gift card and another middle aged man gave away his jacket to the father. Never in my life did I think I would see this kind of thing happen at a gas station with a handful of complete strangers.

But it gives me hope. That the love of God can be so contagious. That we are not alone in being the change we want to see in the world. That God’s love is greater than anything and we get to be a part of that love changing lives. And HE always provides!

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

Mot: Anybody else around in the olden days of Picasso??

Mot:  ... There is a ""New and Exciting" way to Pay!!! ~~

Mot: Printers can be quite temperamental.....

Mot:  .. Yeppers! -- More insight in Raising the ""Wee Folks"" ~

Mot:  ... More Insight into that Relationship Thingy! ~~~

Mot:  ........ HUH!!???? --- What You Say???? ~~~

Bruce’s Big Call Intel Thursday 4-28-22

Bruce’s Big Call Intel Thursday 4-28-22

Call Transcribed by WiserNow Emailed to Recaps

Welcome everybody to the Big Call tonight – it’s Thursday April 28th and you’re listening to the Big Call – Thank you everybody for tuning in from all over the globe whether live or on the replay

We’ve got some intel for you - I told you it was going to be good – I think it is the mother lode – that’s what Sue called it -  I agree – We prayed really hard yesterday that we would get some revelation and would be new and would be conclusive for  us – and I believe I have that tonight

So this is what I want to bring:  I have several segments – I am going to try to remember all of them – and go through in some order – I want you – if you have a pen a piece of paper make a few notes – some of this stuff especially what I am going to start off with you don’t know – you’ve never heard it before and you’ll never hear it again – this is really important stuff –

Let’s get started on it – obviously if you are listening on a replay you can go back – anyone can listen on the replay and catch this again if they need –

The first thing is something that caught me off guard because we’ve never quite understood exactly how this was going to work – this is my understanding of what we’re looking at now – and there’s been some changes just recently – in this program and I will explain that -

Remember we are hooked up world wide to the Quantum Financial System and we have – we’re about to have our gold backed currency the USN utilized for all exchanges and all for tier 3 bond holders and for us in tier 4A 4B and also the intermediary   that are those programs like prosperity packages -  CMKX – adjudicated settlements – fines and penalties -  farm claims etc – whatever filled in that group we call intermediaries – between tier 3 and tier 4 – those are about to be paid as well – We believe those will be paid over this coming weekend – that’s the latest information that we have about those being paid out – over this coming weekend

Alright – now – now this is the piece that was so new – I had to go back and make sure I understood it – and this is my understanding of it :

We have accounts – or will have accounts in the QFS that we’re going to call our Quantum Bank Accounts – this is not even a bank account – it’s an account where we have money in our mother lode account that is in digital USN – and it’s held by the QFS

We’re going to use an example for purposes – and we’re just going to use this as an example that doesn’t reflect anybody or any particular exchange – or redemption – but we are going to use it for a reason

So let’s say that you have redeemed zim and you have redeemed and have a one hundred trillion dollar benefit – from y our zim – could be any number of 1 note – it could be several notes that accumulate to that total

Let’s start with one hundred trillion – I am not limiting anybody – there are no caps on this – I am giving you an “example” – write this number down -100 T – 100 trillion

They want us that are doing projects – “real” projects -  a humanitarian project – and it is scaled  - they were going to let bond holders get access to 1% of their money initially – and we were thrown in that mix – remember I told you we would get 1% of our zim? Well guess what – they changed their mind on the 1 deal – why?  Because so many people are aware and even the redemption centers are aware of the Med Beds that are going to be rolling out – not too long in the future – not very far –

So they know that we plan on living 300 – 500 more years – because we can do that – with technology – I know this is new – it shocked a lot of people – don’t be shocked – just get on board and learn about it

So – that means they changed from a 1% of a lot – like a hundred trillion – to 10% of 100 T - so that 10% would be 10 trillion dollars – 10% of 100 is 10 – 10 trillion dollars would be what they would allow you to put in what I’m calling now your primary bank account – that’s “my” term - “primary bank account” PBA

Now that primary bank account you can set up with any bank that you want – personally – I am doing with Wells Fargo – and there’s a reason for it – that’s just “me” – you don’t have to – you can go with another tier 1 bank – it has to be a tier 1 bank with the amount being that large –

So you’ve got your 10T account set up with Wells Fargo that you can get access to right away for your project/s – now let’s back off one other second – let’s say that you have a billion dollars’ worth of currency – meaning after your currency exchange it will net you 1 billion USN dollars – that money – that billion is not subject to the QFS – it is just another amount that you would put in your primary bank account

So now for our example we’ve got 1 billion in currency exchange proceeds plus 10T which is the 10% of our 100Trillion that is in our QFS account – so we actually start off with 10 Trillion 1 billion dollars

So we have that starter / primary account - and then what they’re going to do is they will pay interest on that amount – not on the 100 or 90T that we had in the QFS account – we always thought we would get paid on that total – Nope – that is residing in your Quantum account – but the money you get paid interest on – that you accrue interest on APY – Annual Percentage Yearly – is  depending upon the bank you have for your “primary” bank account - PBA

So we’ve got 10 trillion and a little change – 1 billion in that primary account = that is what we are going to earn interest on – I know it’s not the full Monty - ok - not the full mother lode at all – it’s a portion of it – 10% of it – BUT …. It’s still going to be a ton of money –

Now what interest rate are we looking at? I’m not going to do the banks job for you however – I have heard on good authority it is going to be in the range of 6 ½ % with one particular bank all the way up to 8 1/2%  and maybe one bank might offer 10%

Now that money is annual percentage yearly rate – but in my case I’m hoping I can get it quarterly – I think they will do that – and where am I going to take that money? Into the primary account - yep I will take it into that primary account and that primary account will be moved into various – obviously it is a trust account - but it will be moved into certain LLC’s and my case that is how I’m doing it – and I will be able to  funnel those monies based on the projects that we’re doing – I’ve got a complete strategy in terms of what I’m doing -  for various reasons –

Money ears – as far as I know – I don’t know the term of the interest - how long we can do that – I hope we can do that for a very long time and I think they are not going to use the structured pay out for us that have projects – they may use a “version” of a structured pay out for those that don’t have projects –

It’s too hard to know what that structured pay out might even be right now -  we can’t know that right now – but this is designed so that you can see in real numbers – based on the currency you have and the zim bonds which are bearer bonds – that you have – that will bring face value by the way – and I’ve told you that the Zimbabwe dollar was  on par with the US dollar – if anybody understands what that means – you know what the rate would be on the zim – if you have valuable projects –

So do we still need a spill over account? Not unless you want one – but where would the interest come from? The primary account – Right !! It comes from the primary account at whatever interest rate you agree to and if you want the spill  that interest into another account – a secondary account you can do that – that’s fine – I’m going to take a look at that option too - maybe you spill that into another bank entirely –

Maybe you are using that into your secondary bank - but initially I’m going with Wells and then maybe a secondary bank after that - but I love the fact that it took  us this long  - to get this information – to be perfectly candid with you – this is a fairly recent decision on their part – so  you can’t really blame me for it - I really just learned this yesterday -  and glad I could share it with you – So everybody  understand that concept – that’s new – no one knows it but you now –

The other thing is – if you remember back to Tuesday night’s call I gave you some intel that talked about a Code Red Event – May 5th -  It happens to be Cinco de mayo -  but it has nothing to do with Cinco de mayo – sorry – However -  what’s cool is that – remember – I told you or I should have told you at this point that we’re hearing that we will have our tier 4A & 4B group exchanges initialized a couple days prior to the 5th  - well that would be the 3rd of May –

Now – more recently I’ve heard we could be notified on the 3rd and go – start exchanges on the 4th OR – we could get the fall back position would be late morning on the 4th  to receive notification and start on the 4th or 5th

So that is our window and it looks like they are going to hit this either the 3rd or 4th of May – which is Tuesday and Wednesday – of next week – alright – so we got that –

Now – what else is going on? From the 3rd to the 8th of May we are entering the third phase of NESARA which is for the United States - GESARA - Global Economic Strategic and Reform Act will also enter into that same period

What is it going to mean for us and what does it mean for everybody else that is not a part of these exchanges? This is where it is good news for everybody – especially those that are older Americans – citizens of this country -  legal citizens -  from the birth year – the year you were born – if you were born from 1943 – 1962 you are in that group – first phase of NESARA retribution and repayment of  to you –

We’ve talked about birth certificate traded as a bond - marriage certificate traded as a bond – divorce decree certificate traded as a bond – death certificate traded as a bond – all 4 of those in what ever shape or size those paid for you are payable to you - if you are in that range of 1934 – 1962 ( this is date he stated on call also the 1943 above) as your birth year –

It is going to be in the range of a few – 5 or so million dollars – for that – see how somebody who is not involved in the currencies like we are who might be outside but in that age group would receive benefit from that –

There is another / second tranche of funds that would come in the end of the lot and I think they are trying to get NESARA funded out in that time frame – and that second tranche as I understand it would include interest paid on loans that were illegal by the way  - mortgages – car loans – boat loans – everything – and including your tax money you paid - Federal Income Tax - did not go to our US government by the way – and that second tranche may be significantly larger than the first go around -  the first might be 4-5 - the second one could be 10-12 or 15 million dollars –

So that is for everybody not involved in these currencies but us too - we will still get it – we won’t “need” it but we’ll get it – I believe it will be direct deposit – to your bank – if they know your bank account – if not they will ask – if you are not on Social Security – disability etc – that is NESARA for the United States

Now what else should go down for  us between the 2nd  and the 5th of May?  We should see the removal of the administration and the return of the rightly elected President – that is supposed to happen in that time frame slightly prior to the 5th  let’s see what that brings –

I can’t tell you specifics about 10 days of disclosure but that was intended to come out any day now and could as early as the 1st or 2nd of May – I don’t have that date as official start but it could start in that same time frame – I don’t have anything about 10 days of darkness except what Charlie Ward referred to with the Queen of England who has been gone for a couple of years – realistically -  and they will honor her as tradition for Queen or King of England -  a 10 day period of mourning and whatever else they do over there –

As far as anything that would interfere here 0 you understand that Elon Musk is working a deal where they have already made an offer to purchase and I believe accepted -  Twitter -  so that will no longer be restricted –

The buyers of CNN – an investor that had 58 % who was a Trump supporter I understand there’s a group and including Elon Musk is going to buy all of CNN -  we will see how that al l plays out

Once the truth comes out and is disclosed on that network – a news max – on others  as truth social – twitter etc I think the other news agencies will follow suit - - that is what I predict – we will see how that goes

But this is what I wanted to tell you about the timing that we’re in – it’s very very strong – the sources are as high as you can get – and I feel very confident about the timing that I have been led to believe – when we are going to start –  I think we should all take a deep breath and start thinking very seriously about where we stand

I think that is everything I wanted to say tonight – I feel good about what we said – I hope I did not go too long – but I really think this is very important - and by the way – why did all of the redemption centers across the United States and that’s over 7,000 – why did they have a conference call last night from 8:30 – 10:30 PM Eastern? Two hour conference call at night – I think that is telling us something -  a lot of stuff -  we don’t know what it was about – but I think we have enough information to just say – we know the redemption centers are on call starting tomorrow through the weekend

But we realistically do not expect them to have to go in for another conference call – over the weekend – but realistically ……  we’re looking golden for next week -  Tuesday – Wednesday – Thursday -  3rd 4th 5th

This is going to be an incredible week for us and I’m looking forward to all of it

Bruce’s Big Call REPLAY LINK   Intel Begins 1:14:25

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FaiPgC