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10am September 12th, 2016
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Copyright 2016 - All Rights Reserved - DRT Distribution, LLC
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TNT:
Truckerbabe67: My guy roadrunner asked me to share this with the tnt family
roadrunner237 shared intel from his banker today, contact is hearing rate on 100 trillion zim note is now 68 cents.
Making 100 trillion ZIM note worth 68 million
(of course as of now you cant go exchange just yet but hopefully not much longer! ) & he had two confirmations of this rate from his banker contact
SassyD: Asian markets.... down... Down.... DOWN !! ...
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Post From Dinar Updates Chat Room Excerpts & Highlights
rcookie says():ANYONE REMEMBERING ANY OF THESE DERERMINANTS OF EXCHANGE RATES........WE WENT OVER ON CALL...
rcookie says():
Real exchange rate shock: A one-off real depreciation of 10 percent (20 percent nominal depreciation) would alter the debt to GDP path only slightly since GDP would be inflated when the shock hits, raising GDP in line with the debt stock.
rcookie says():
Combined shock: A combination of these shocks would increase debt to 117 percent of GDP in 2018 and 2019. Debt would decline to 113 percent of GDP towards the end of the forecast horizon.
rcookie says():Stress tests in the external DSA suggest that Iraq's external debt ratio is also sensitive to shocks. While the path of Iraq's external debt would rise only marginally in response to an interest rate or a growth shock, a current account shock and a real depreciation would result in a substantial increase in external debt.
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Post From Dinar Updates
Chat Room Excerpts & Highlights
rcookie says():21. In 2017-19 and beyond, the government will design and implement deeper grounded revenue and expenditure reforms in order to continue to hold a tight lid on the non-oil primary balance and achieve debt sustainability (MEFP, ¶¶23-24).
The government will continue to have the account of the Development Fund for Iraq and Successor Account 300/600 at the CBI audited by an international auditor to check that all oil revenues reach the Treasury and monitor the use of the resources deposited in that account (SB, MEFP, Table 5).
The government will conduct diagnostics of the tax and customs codes and tax and customs administrations in order to increase non-oil tax revenue. It will also implement a hiring freeze in sectors other than security, health and education and have the Board of Supreme Audit (BSA) audit the wage and pension recipients' payrolls (﴾SB, MEFP, Table 5)﴿ to first identify, and then cancel payments to, ghost workers and ghost pensioners.
The government will also reform the public pension system, in discussion and coordination with the World Bank, in order to make it more financially sustainable, equitable and efficient.
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Post From Dinar Updates Chat Room Excerpts & Highlights
scarlet says():so is shabibi in control of the cbi?
scarlet says():and i thot they had to hold it at 2 percent for two years
jtank says():good ? s for the next newstime scarlet
scarlet says():lol
scarlet says():i like shabibi
scarlet says():if shabibi is in some what control, to me that is always good news
jtank says():everyone says he is too old but alan greenspan was 80 before he retired
scarlet says():shabibi is not to old
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REPLAY INFO FOR AWAKE CALL Conference Call Replay. Awake-in-3D with Yoni Spumoni in the control booth. Replay for 9/11/2016 USA Dial in: 605-562-3149 - Participant code: 453972#
RECORDING LINK
119 Minutes
Click READ MORE Below for Partial Call Transcript done by Pinkroses (Thank you mucho.)
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The below posts were in our 6pm newsletter
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Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Sunday AM Chat 9-11-16 Part 2 of 2
rcookie says():OK....WE TALKED ABOUT THIS ON LAST CALL...FACTOR IN WITH THE POLITICAL RHETORIC AND BLUSTERING WE READ WHEN COMMENTING ON KEYWORDS...
rcookie says():Governor of the Central Bank: IMF surprised Bamtlakena reserves exceed expectations
Author: ZJ Editor: BK 11/09/2016 18:26 Number of Views: 44Long-Presse / Oman The governor of the Central Bank, on the Keywords, on Sunday, Iraq's commitment to the pledges made to the International Monetary Fund Ptoukatadtha specific, especially as it is consistent with the orientations and objectives, noting that the Fund was surprised to be Iraq's reserves of foreign currency more than its forecast of about ten billion dollars.
And concluded in the Jordanian capital, Amman, on Saturday, (the tenth of September now 2016), a new round of talks between Iraq and the International Monetary Fund on standby credit program for a loan worth $ 18 billion, to be completed in November.
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Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Sunday AM Chat 9-11-16 Part 1 of 2
rcookie says):MALIKI THROWING BARBS AND TAKING SHOTS AT SAUDIS....IS NOT SURPRISING....AT ALL..
rcookie says():AND AS FAR AS SOME OF TE NEWS ABOUT THE US AND BIDEN ATTEMPT TO DIVIDE AND PARTITION NINEVEH.....
rcookie says():ILL REPOST THIS AGAIN...
rcookie says():THIS PAPAER BY A UNIVERSITY OF PENN PHD...ESPLAINS ABOUT ARTICLE 140 KIRKUK AND THE DISPUTED TERRITORIES WHICH INCLUDE NINEVEH AND DIYALA...
HE OUTLINES THE HISTORICAL BACKGROUND TO ENTITLEMENT TO THEDE AREAS AND DEBUNKS & DIFFUSES THE VARIOUS THEORIES BEHIND THE KURDS SECEDING FROM IRAQ AND THE IMPLICATIONS THIS WOULD HAVE ON THEIR TERRITORIAL CLAIMS ONE HCL IS IMPLEMENTED...
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KTFA:
Frank26: Truth be known and told ................... i will be saddend if we do not have a packed house for Your CC tomorrow.
Our STUDY that we will SHARE started 11 days ago to be presented to You on the 12th.
For example ............ On the day i left A (Abadi) ACTIVATED the RIDER in the budget to open the HCL for the CITIZENS in turn ..................... Activating The 2017 BUDGET.
But the net and her gurus just do not know how to interpret this. Then there is the Fat Lady that now hides in Arabic Words.
C U on Your CC ................ 2morrow \m/
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Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Saturday Chat 9-10-16
dinarstudent says to BGG():Good morning kind sir, I was wondering and confuse about what you said about the .85 cent to $1.23 for 3 years and they can rasie it higher on your call last night . Could you pleasse help understand better ?? Or maybe someone else . thank you so much
DIGIman1 says():par (.85 - 1.23) is the entry value. form there supply and demand will raise the value higher
larrykn says to dinarstudent():that is what it could come out at, whatever it is , it won't stay there long, the market will drive it up
DIGIman1 says():as they grow, the demands for a higher value go along with that
dinarstudent says():so they do not have to wait 3 years , what ever forex drive it to it is it correct.?
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From Recaps Comment Section:
AandW: Thank you Dr. Clarke for your post, it was very informative and helpful. It was almost as if you heard a conversation my friend and I had yesterday. I hope with the many comments, you get to read this one.
Now for my question. Many Economists are predicting another Financial Crash. Of course many of them are selling a newsletter, book, plan or something. Also there is talk of bank failures, bank bail-ins, etc.
Certainly there are many warning signs and signals with a Global Financial System that appears to be ready to crash.
HOW CAN WE PROTECT OUR NEWLY GAINED WEALTH?
Any suggestions, AandW
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Early Sunday AM:
TNT:
Lilypad: GM TNT. The new US Ambassador in Iraq, Douglas Allen Silliman was the US Ambassador in Kuwait during the Kuwait RV. Interesting!
Lilypad: Watch for these four names involved in the corruption. There were six and two are no longer an issue. The remaining four are: Maliki, Hakim, Zebari, Allak IMO.
Islandgurl: There are three sides to a Book....the Beginning, Middle and the End. The pages have been turning for years and we were caught in the middle of the Storm but now this is the end of the story line. Are you truly ready for the "Climax?"
Islandgurl: And that is why in the beginning we learned so much but the in between (middle) and the end become what we call "A Mystery!" The Strong will Survive this Storm...All the best!
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