January 2nd 10pm
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Notes From The Field By Simon Black
January 2, 2018  Santiago, Chile

Simple Wisdom From One Of The Most Famous People To Go Broke
 
In the late 1800s towards the end of his life, Mark Twain wrote one of his greatest observations of humanity:
 
“When you remember we are all mad, the mysteries disappear and life stands explained.”
 
Twain’s quote was primarily a commentary on himself.
 
A lot of people don’t know this, but Mark Twain went bankrupt late in life.
 
His enormous fame as an author had brought him substantial wealth. But Twain squandered it all on countless business and investment blunders.
 
Twain’s publishing company, for example, racked up record sales of its 11 volume “Library of American Literature”.
 ...



Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Tuesday Evening 1-02-18  Part 2 of 2
 
chattels: The 17 percent share was based on an outdated political agreement that his government will not remain committed to, he asserted. “The parliament wants to change it. I do not accept it,” Abadi said of reported attempts by the Iraqi parliament to bring the KRG’s back to 17 percent, up from the 12.6 percent Kurdish officials have claimed has been allocated in the draft 2018 budget law.
 
chattels: The International Monetary Fund has said the 12.6 percent share will not cover the KRG’s expenses.
 
xyz: KRG ought to get 9.902%
 
chattels: The rhetoric and conflicted positions do not appear to be reconcilable to me.
chattels: @xyz Based upon what ?
 
chattels: David M. Witty ‏ @DavidMWitty1 8h8 hours ago US: the war against ISIS in Iraq is not over. There are still small ISIS pockets in desert areas. http://mobp.as/AW5zk
 ...



Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Tuesday Evening 1-02-18  Part 1 of 2
 
spankie: i think lop would have been done many years ago with no much problem
 
blackgold: i believe they will use the $25000 notes like bonds in international trade or trade them in for SDRs at the IMF
 
Spectra: @blackgold :? maybe.
 
blackgold: currency is too expensive to just burn
 
futuremoney: @blackgold agreed
 
blackgold: They couldn't afford to get it printed, so they used us
blackgold: somebody was thinking ahead
 ...



TNT:

KeithN: I visited my WF shortly after lunch. The Branch manager greeted me at the door and immediately escorted me to his office, behind closed doors he simply smiled and said something to the effect, I am sorry I ever doubted you. Keep in touch with me everyday this week….

I don't remember the Br Mgr ever acting this way before in 14 years. He knows what I hold and he knows his own tellers own some too...VERY Interesting….. I wish there was a better word than Awesome but I got to tell you, it was sure a different reception than I have ever received from any Banker in my life

Wycoffjul: KeithN that is some good stuff about your bank manager, when was that , today?

KeithN: Yes this happened mid afternoon today

Bamagirl: regions told me today they r expecting the dong to rise
....