Late Tuesday Night Fleming RV Update:
The IMF, under Agreement with Iraq, has issued a demand that Iraq revalue their currency, (drop the 3 zeros) by November 30, 2021.
By December 1, Iraq will have a new value close to $5.00.
The Government of Iraq is announcing this imminent shift in currency on the jumbotrons, huge video monitors, showing in every town square and city center in Iraq.
The reason for the long delay, as discussed, was the great need to educate the public, on banking and the use of digital money - vs cash. Especially important is the chronic use of black market foreign money.
TNT:
Tishwash: Iranian forces in Iraq threaten to assassinate Blackshart and demand the annulment of the election results
The transfer of a leader in one of the armed factions attended the meeting of the forces opposing the elections with the representative of the United Nations in Baghdad aspects of that hot meeting.
The source said that Jenin Plasschaert, the United Nations representative in Iraq, attended a meeting of Shiite forces to review the evidence Collected by those forces about electoral fraud.
Nov 10, 2021 by Morgan Housel
The biggest risk to an evolving system is that you become bogged down by experts from a world that no longer exists. The more evolution you have, the more you should expect that expertise has a shelf life. That’s always been the case and will always be. It’s just hard to accept because people need experts to trust and experts want to hold onto beliefs that were hard-fought to learn. Some expertise is timeless. A few behaviors always repeat.
They’re often the most important things to pay attention to.
Cathie Wood: China Already Crashed. You Just Don't Know It Yet.
Cosgains Academy: Nov 21, 2021
China’s economy is about to experience the biggest crash in history that will take decades to recover from. China’s impending crash will be similar to Japan’s devastating 80% market crash in the 1990s.
Even after three decades of the Japanese market crash, Japan’s stock market has still not recovered from its highs. Japan’s market crash culminated from specific events that caused the country’s eventual fate.
