Wealthwatch.world (Chat)

  In Uncategorized 

News With Links & Discussion
Butifldrm: World | Tue Feb 2, 2016 5:06pm EST Iraqis running out of food and medicine in besieged Falluja BAGHDAD | BY STEPHEN KALIN REUTERS/STRINGER
Tens of thousands of trapped Iraqi civilians are running out of food and medicine in the western city of Falluja, an Islamic State stronghold under siege by security forces, according to local officials and residents.
The Iraqi army, police and Iranian-backed Shi’ite militias – backed by air strikes from a U.S.-led coalition – imposed a near total siege late last year on Falluja, located 50 km (30 miles) west of Baghdad in the Euphrates river valley.

The city’s population is suffering from a shortage of food, medicine and fuel, residents and officials told Reuters by phone, and media reports said several people had died due to starvation and poor medical care. Insecurity and poor communications inside the city make those reports difficult to verify.
Sohaib al-Rawi, the governor of Anbar province where Falluja is located, appealed to the coalition to air-drop humanitarian supplies to the trapped civilians. He said this was the only way to deliver aid after Islamic State mined the entrances to the city and stopped people leaving.
“No force can enter and secure (the delivery) … There is no option but for airplanes to transport aid,” he said in an interview with al-Hadath TV late on Monday, adding the situation was deteriorating by the day.
Falluja – a long-time bastion of Sunni Muslim jihadists – was the first Iraqi city to fall to Islamic State, in January 2014, six months before the group that emerged from al Qaeda swept through large parts of northern and western Iraq and neighboring Syria.
Since recapturing the city of Ramadi – a further 50 km to the west – from Islamic State a month ago, Iraqi authorities have not made clear whether they will attempt to take Falluja next or leave it contained while the bulk of their forces head north toward Mosul, the largest city under the militants’ control.
Butifldrm: read more: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3940
Donnie: ‹@Butifldrm› TY
Butifldrm: ‹@Donnie› yw
Butifldrm: 🙂
Butifldrm: Warren: We will not participate in the liberation of Mosul ground forces 2/3/2016 0:00 BAGHDAD – morning confirmed a spokesman for «international coalition» Stephen Warren, said the coalition led by the United States «will not participate ground troops in the liberation of Mosul process», noting that the support of the coalition will be only in the upcoming battle Goya.
Warren said during a press conference held yesterday in Baghdad Commenting on the battle to liberate Mosul: «the Iraqi army will crawl overland toward the enemy, after the departure of (Daash) from their hideouts in Mosul, we’ll bombing them ..».
he added that «One of the things that we work closely with the Iraqi government is how we can believe in the border with Syria, and we have implemented air strikes would prevent extremist organization from moving there ».
American colonel, he pointed out that« an American force small private will come to support the Iraqi forces to secure the border with Syria, and its mission is limited to gathering intelligence and perhaps do some raids against (Daash) of in order to prevent the elements from crossing the border », expecting the battle to liberate Mosul« be bloody ».
Butifldrm: see more: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3942
Butifldrm: I love this article
Butifldrm: State of law: Central sales exceed airadtna and his excuses are no longer compelling Author: Editor: AZ 2016-02-02 23:35 Hits: 773 Range/Baghdad Download the State of law Coalition, yesterday, the Central Bank policies, chaired by one of its members, saying that the latter justification bleeding hard currency “is no longer convincing.”
Wabetdt surprise coalition of Central Bank sales surpassed oil revenues, wondered if the latter began the sale of part of the cash reserve? This is the first time that the State of law Coalition criticizes one of its members who have operational responsibility.
The former Prime Minister, before leaving office, the relationship as Central Bank Governor after serving as secretariat to the Cabinet. The parliamentary Finance Committee confirms that Iraq Pat loses more than 57% of its income from oil in the auction currency.
The Committee appreciates that the money be transferred out of the country, 80 percent of which goes into the pockets of corrupt officials, and those goods whose value does not exceed 20% of the funds.
Butifldrm: read more: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3931&pid=9968#pid9968
OOTW: SO YASIRI, HEAD OF INTEGRITY HAS BEEN SEEN IN THE PRESS MEETING WITH EVERY HEAD OF GOVT THE LEADER OF DAWA IS SAID ON THE DAWA SITE TO BE ABADI THEY NEVER DEPOSED HIM
NOW WE HAVE A MEMBER OF THE SLC SAYING….DAYAM I GUESS THE COUNTRY IS BEING BLED DRY WELL WHAT DO YOU KNOW?
I GUESS MOHSEN, OUR GUY, ISN’T DOING SUCH A GOOD JOB IS THIS THE APPROVAL TO GIVE HIM THE AXE? IT SURE SEEMS LIKE IT
OOTW: *THE DAWA WAS AT ONE POINT DISCUSSING REPLACING ABADI HAS THE DAWA’S POLITICAL BLOC LEADER , WITH HAKIM..DIDN’T HAPPEN
OOTW: THIS ARTICLE FOUND BY BUTIFLDRM IS F’N FANTASTIC
OOTW: WAITING FOR SOMETHING LIKE THIS FOR A LONG TIME NOW
OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3931&pid=9968#pid9968
OOTW: State of law: Central sales exceed airadtna and his excuses are no longer compelling
OOTW: I’M GOING TO PULL IN ADDITIONAL QUOTES
OOTW: ACTUALLY EVERY WORD IS GREAT
OOTW: Download the State of law Coalition, yesterday, the Central Bank policies, chaired by one of its members, saying that the latter justification bleeding hard currency “is no longer convincing.”
Wabetdt surprise coalition of Central Bank sales surpassed oil revenues, wondered if the latter began the sale of part of the cash reserve? This is the first time that the State of law Coalition criticizes one of its members who have operational responsibility.
The former Prime Minister, before leaving office, the relationship as Central Bank Governor after serving as secretariat to the Cabinet.
OOTW: The parliamentary Finance Committee confirms that Iraq Pat loses more than 57% of its income from oil in the auction currency.
The Committee appreciates that the money be transferred out of the country, 80 percent of which goes into the pockets of corrupt officials, and those goods whose value does not exceed 20% of the funds.
After the currency auction sales volume amounted to coating the past years (314) Parliamentary integrity Commission launched a billion warnings from wasting all the Central Bank reserve currency auction and smuggled outside Iraq be kept on things as it is. ”
Ali al-adeeb, mp, President of the State of law bloc, “the auction of foreign currency at the Central Bank became the subject of criticism by many professionals and politicians”, arguing that “interpretations of the Governor of the Central Bank on currency auction are unconvincing.”
OOTW: He said in an interview with the writer (term), “the imports of oil daily up to $ 60 million while the currency auction, as announced, it sold more than 170 million dollars,” asking, “does this mean that the auction currency began to sell the cash reserves of the Iraqi Government?”. ”
If it means there is a tragedy and a financial crisis in the country.” The Chairperson of the parliamentary block of the rule of law are civil banks are benefiting from all this process in a currency auction, stressing “there are items or benefit from the auction currency at the expense of the Iraqi economy.”
Asks leading in State law and party “in the conduct of this dollars? And where does it go? Because every dollar coming out outside Iraq is supposed to come niche commodity? “.
OOTW: He said in an interview with the writer (term), “the imports of oil daily up to $ 60 million while the currency auction, as announced, it sold more than 170 million dollars,” asking, “does this mean that the auction currency began to sell the cash reserves of the Iraqi Government?”.
“If it means there is a tragedy and a financial crisis in the country.” The Chairperson of the parliamentary block of the rule of law are civil banks are benefiting from all this process in a currency auction, stressing “there are items or benefit from the auction currency at the expense of the Iraqi economy.”
Asks leading in State law and party “in the conduct of this dollars? And where does it go? Because every dollar coming out outside Iraq is supposed to come niche commodity? “.
OOTW: In the same context, says Magda El-Tamimi, Deputy member of the parliamentary Finance Committee, “the Central Bank sales of foreign currency amounting to 145 million dollars a day,” his be or become poor sales decline reported in the past to “limited oil revenue due to falling prices in the world market.”
Tamimi said, in a statement to (range), that “the period 2006-2014 Government revenue from crude oil to $ 551 billion, while sales of Central Bank currency during this same period some 312 billion dollars.”
OOTW: She is a member of the Finance Committee that “approximately 57% of oil revenue go to the auction currency and 20-15% goes to import goods, while the remaining 80% go into the pockets of corrupt officials.”
Al-Tamimi, a member of the Liberal bloc, said Finance Committee identified in their reports that work on preparing for the moment, the names of violators and companies sought refuge Yeh phantom unregistered active currency auction, near send names to body integrity. Majida Al-Tamimi, Vice-President stresses that “the corrupt are they will avoid market teams and the official currency auction rate.
OOTW: In the meantime, parliamentary integrity Commission confirms that they are watching the performance of the currency the Central Bank auction, continuously, indicating the call, Bank Governor during the last period, for the irregularities and violations of the auction.
Attorney confirms Abdel Karim Al-Juburi, abtan (range), that “there are companies and fictitious names enter the auction currency and get billions,” pointing out that “the integrity Commission referred this file completely and to integrity and justice.”
OOTW: Al-jubouri said that “the integrity Commission addressed the Ministry of Commerce on certain businesses within the auction currency despite not being registered. Revealing “a smuggling organization for hard currency from Iraq over these companies and fictitious characters.
And on routes used by participants in the auction, the integrity Commission member indicates that “a specific dollar b 116 thousand dinars for every 100 dollars, while selling private banks and even companies in markets by 123 thousand dinars”, wondering “who benefited from the difference between official and market prices?”.
National block Member warns of “waste of all Central Bank reserve currency auction and smuggled outside Iraq in the event of survival of things as they are in the Central Bank without any handlers for the irregularities and violations that occur.
The integrity Commission member confirms that “sales volume of currency auction coating years until the current period amounted to $ 314 billion, most were smuggled out of Iraq through commercial companies using false invoices to obtain billions of dollars behind it.”
OOTW: Attorney Karim abtan draws to “16 fake trading company registered in Ministry of Commerce federal intervention in daily currency auctions as well as the presence of fake banks.”
And between abtan said these businesses cooperate with some banks by deposit of money in these banks for the importation of certain goods, the Central Bank on the basis of granting foreign exchange firms and banks.
OOTW: OKAY SEVERAL POINTS HERE
OOTW: THERE’S A CONFIRMATION THAT THE HEAD OF THE SLC IS NOT MALIKI
OOTW: A CONFIRMATION THAT MALIKI AND MOHSEN ARE RESPONSIBLE FOR CAPITAL FLIGHT AND CORRUPT AUCTION PRACTICES AT THE VERY LEAST…AND..WE ALL KNOW MOHSEN IS INEPT
OOTW: LOL
OOTW: A MEMBER OF THE DAWA (AND SLC) IS SAYING OUR PARTY MESSED UP – I GUESS MOHSEN IS NOT A GREAT PERSON TO HAVE PRESIDING OVER THE CBI AFTER ALL……DOH
OOTW: “WE HAD NO IDEA SO MUCH MONEY WAS LEAVING THE COUNTRY….”…..RIIIIIIGHT
OOTW: YASIRIE, THE HEAD OF INTEGRITY, AS YOU MAY HAVE SEEN, HAS BEEN MAKING THE ROUNDS , VISITING THE HEADS OF ALL DIVISIONS OF GOVT IN THE PAST WEEK OR SO
OOTW: ABADI, MASSUM, JOBOURI, MAHMOUD
OOTW: AND EACH HEAD OF GOVT HAS COME OUT AND SAID…….LET THE DOGS OF CORRUPTION BE ABOLISHED
OOTW: AND SISTANI’S CALL TO THE PEOPLE AND TO HOLD THE HEADS OF THE GOVT ACCOUNTABLE, IMHO, WAS THE LYNCH PIN
OOTW: EVEN THE SLC IS NOW WILLING TO ADMIT THE COUNTRY IS IN DIRE STRAIGHTS
OOTW: AND THEY HAVE TO BE SEEN DOING SOMETHING ABOUT IT
Butifldrm: I agree
OOTW: I DO BELIEVE THAT WE MAY WELL SEE A MOVE IN DAWA TO REPLACE MOHSEN
OOTW: THANKS BUTI…FANTASTIC ARTICLE…LOVE..LOVE..LOVE IT!
Butifldrm: I just hope it’s a true confession of their mistakes and not a ploy to save their necks
OOTW: IT’S BOTH  OOTW: IT’S THE LATTER BEFORE THE FORMER  OOTW: LOL
Butifldrm: lol
 
OOTW: REMEMBER WHEN HAITHAM AL JOBOURI CAME OUT AND SAID…”TRY THE CORRUPT” AND HE WAS ONE OF THE WORST MEMBERS OF THE SLC FOR CORRUPTION?
OOTW: IF THEY WERENT SCARED BEFORE, THEY ARE NOW
Butifldrm: Iraq is in Dire straights and we should see a lot more of these articles in the future
OOTW: IT’S TIME FOR ACTION….NO…MORE…WORDS   OOTW: *YASIRI
Butifldrm: Now if you study all oil dependent emerging economies, they are all cleaning up the corruption
OOTW: YES I JUST READ SOMETHING ABOUT SAUDI ON THAT TOO
~~~
Butifldrm: what this article did not bring out because I doubt most of these economies don’t understand is that their Central Banks reserves are being lost by upholding their peg to the dollar
Butifldrm: add corruption on top of that and it’s a death sentence
OOTW: YES GREAT POINT…I LEARNED THAT TODAY IN STUDYING THE “LOCAL” BOND SALE
Butifldrm: yes
Butifldrm: i NEED TO SHOW U SOMETHING
OOTW: BRING IT ON   OOTW: 🙂
Butifldrm: OK RUSSIA AN OIL DEPENDENT ECONOMY UN-PEGGED FROM THE DOLLAR
Butifldrm: The Bank of Russia took another step towards a free float ruble by abolishing the dual currency soft peg, as well as automatic interventions. Before, the bank propped up the ruble when the exchange rate against the euro and dollar exceeded its boundaries.
Tags Currencies, Banking, Government Spending “Instead, we will intervene in the currency market at whichever moment and amount needed to decrease the speculative demand,” the bank’s chairwoman, Elvira Nabiullina, said in an interview with Rossiya 24 Monday.
The move is edging towards a floating exchange rate, which the bank hopes to attain by 2015. “Effective starting November 10, 2014, the Bank of Russia abolished the acting exchange rate policy mechanism by cancelling the allowed range of the dual-currency basket ruble values (operational band) and regular interventions within and outside the borders of this band,” the bank said in a statement Monday.
Butifldrm: IN OTHER WORDS THEY CHOSE TO FLOAT
Butifldrm: WHILE TODAY’S EMERGING ECONOMIES ARE IN A MAJOR SOVEREIN DEBT CRISIS
OOTW: AND THAT’S WHY THE RUBLE HAS EXPERIENCE VOLATILITY IN RECENT MONTHS
OOTW: BUT IS NOW ON THE MEND?
Butifldrm: Russia Foreign Exchange Reserves 1992-2016 | Data | Chart | Calendar Foreign Exchange Reserves in Russia increased to 368399 USD Million in December from 364708 USD Million in November of 2015. Foreign Exchange Reserves in Russia averaged 226958.79 USD Million from 1992 until 2015,
reaching an all time high of 596566 USD Million in July of 2008 and a record low of 4532 USD Million in December of 1992. Foreign Exchange Reserves in Russia is reported by the Central Bank of Russia.
Butifldrm: www.tradingeconomics.com/…
http://www.tradingeconomics.com/russia/foreign-exchange-reserves
OOTW: WOW THX
Butifldrm: EVERYONE NEEDS TO LOOK AT THE WHOLE PICTURE
Butifldrm: THIS IS WHAT THE IMF HAS BEEN SAYING ALL ALONG FOR IRAQ
OOTW: YES AND THE ME IN GENERAL
Butifldrm: THEY SHOULD HAVE LIBERALIZED THEIR ECONOMY WHICH WOULD HAVE GAVE THEM THE ABILITY TO LIBERALIZE THEIR CURRENCY TO WITHSTAND THE PRESSURE THEY ARE UNDER NOW WITH OIL PRICES
Butifldrm: I WOULD LIKE TO TALK ABOUT OIL
OOTW: PLEASE DO
Butifldrm: NOW THIS IS JUST MY OPINION   Butifldrm: BUT OIL CONTROLS ALL ECONOMIES AT THIS TIME
Butifldrm: SUPPOSEDLY THE US ECONOMY IS ONE OF THE MOST DIVERSE
Butifldrm: ANS SHOULD BE ABLE TO WITHSTAND THESE TYPE OF FLUCTUATIONS IN OIL PRICES
OOTW: EXCEPT FOR THE SHALE INDUSTRY
Butifldrm: THE FED HAD PUMPED TRILLIONS (QE 1,2 AND 3) INTO THE MARKETS TO STIMULATE THE US ECONOMY OUT OF THE 2008 RECESSION
Butifldrm: THIS TOOL HAS NOT WORKED
Butifldrm: WE SAW THE DOW INCREASE TO 18000, FROM THE FREE MONEY THE FED PUMPED INTO THE MARKET, YET WITH THE DECREASE IN OIL PRICES THE DOWN WILL MORE THAN LIKELY TAKE DEAD CAT BOUNCES UNTIL THE FREE MARKET REIGNS
Butifldrm: THE FED IS OUT OF TOOLS
OOTW: THAT’S SCARY
OOTW: LAGARDE CAME OUT AND SAID THAT THE US’S IMPLEMENTATION OF THE 2010 REFORMS IS NOT ENOUGH
OOTW: SHE SAID THE US’S AGREEMENT TO REDUCE ITS VOTING SHARE IS LITTLE CONCESSION
OOTW: AND THE US NEEDS TO YIELD MORE CONTROL, OR THE IMF WILL HAVE TO TAKE OTHER ACTIONS
Butifldrm: AS MUCH AS SOCIETY THINKS WE ARE NO LONGER AN OIL DEPENDENT NATION OR WORLD FOR THAT MATTER, THE US WILL SEE BAD TIMES ALONG WITH MOST OF THE REST OF THE WORLD, ESPECIALLY THE OIL DEPENDENT NATIONS AS iRAQ
Butifldrm: ‹@OOTW› WOW I DID NOT SEE THAT
Butifldrm: THE 2010 REFORMS WERE PASSED IN THE US 2016 BUDGET AND GAVE LITTLE CONCESSION TO EMERGING ECONOMIES
Butifldrm: I DID NOT KNOW LE GARDE CALLED THEM OUT
Butifldrm: BUT i’S TILL LIKE TO TALK ABOUT OIL
OOTW: YES LET ME FIND IT
Butifldrm: THE BIG BANKS HAVE LOANED BILLIONS TO OIL PRODUCTION
Butifldrm: THESE BIG BANKS ARE IN RISK OF DEFAULTS
OOTW: U.S. Should Agree to Democratize the IMF — Or Get Out of the Way www.huffingtonpost.com/wu…
Butifldrm: THAT IS A HUGE PROBLEM HERE IN THE US
Butifldrm: LOOKING
OOTW: K
Butifldrm: YES AND THAT IS WHY I BELIEVE CONGRESS RELUCTANTLY APPROVED THEM LAST DECEMBER AS PART OF THE BUDGET DEAL
Butifldrm: The US Congress’ reluctant approval to redistribute IMF voting rights in favor of China and other emerging markets is an attempt to maintain its continuing relevance in the face of competition from other institutions such as the AIIB.
International Monetary Fund (IMF) Managing Director Christine Lagarde © REUTERS/ YURI GRIPAS IMF Chief Lagarde to Appear in Court Over Corruption Charges The US Congress’ long-delayed decision to stop its block on IMF reforms that were first proposed in 2010 is a reaction to the challenge from emerging markets for economic influence, reported German Economic News (DWN) on Friday. Read more: sputniknews.com/world/201…
http://sputniknews.com/world/20151219/1032014243/congress-approves-imf-reforms.html#ixzz3z4k9oeqk
Butifldrm: I DO BELIEVE THESE CODE OF REFORMS TOO ARE A LITTLE TO LATE
Butifldrm: CHINA IS ONE HECCK OF A MESS
OOTW: SO YOU THINK THE US ADOPTED THEM AS A CONCESSION?
Butifldrm: ALL OIL DEPENDENT ECONOMIES ARE FAILING INCLUDING SAUDI
Butifldrm: YES
OOTW: HMMM
OOTW: WELL, DOESN’T SURPRISE ME AT ALL
OOTW: I REMEMBER LAST YEAR LEW SAYING IN ONE INSTANCE WHERE THE US DIDN’T NEED TO ADOPT THEM
OOTW: THEN A FEW MONTHS LATER STATING THEY WERE NEEDED DESPERATELY   OOTW: LOL
OOTW: I HAVE TO WONDER IF KERRY’S ROUNDS ACROSS THE GLOBE SUPPORTED LEW’S CHANGE OF HEART
Butifldrm: WITH THE AIIB TAKING HOLD AND THE IMF BEGGING/THREATENING THE LOSS OF RELEVANCE THE US CONCEDED
Butifldrm: THE US COULD NOT LOOSE IT’S DOMINION OVER THE WORLD ECONOMIES
OOTW: DO YOU MEAN, AT LEAST IN PART, MANY COUNTRIES’ PEG TO THE DOLLAR?
Butifldrm: I’M NOT SURE ABOUT THE REFORMS AND COUNTRIES PEGGED TO THE DOLLAR
OOTW: WELL, REMEMBER WHEN KERRY GAVE AN INTERVIEW STATING THAT THE IRAN DEAL HAD TO GO THROUGH OR THE PEG TO THE DOLLAR , AROUND THE GLOBE, WOULD SUFFER
OOTW: ?
Butifldrm: i’M SURE THAT THE IMF GIVES MONEY/INDEBTS FAILING ECONOMIES TO KEEP WORLD PEACE
OOTW: ah ok  OOTW: THANK YOU
Butifldrm: I REMEMBER KERRY STATING THAT IF THE IRAN DEAL DID NOT GO THRU, THE US DOLLAR WOULD BE AT RISK FOR NOT HOLDING THE PETRO DOLLAR STATUS AND THAT IT WAS ALREADY AT RISK
OOTW: YEAH  OOTW: http://img.youtube.com/vi/99Sf918pUkQ/default.jpg
https://www.youtube.com/watch?v=99Sf918pUkQ
OOTW: THANKS BUTI
OOTW: YEP THAT’S WHAT I WAS THINKING OF TYVM
Butifldrm: WELL IF LISTEN THIS VIDEO
Butifldrm: KERRY WENT TO CHINA AND CONVINCED THEM TO DECREASE THEIR OIL PURCHESS
Butifldrm: WHO DO THINK THAT AFFECTS/
Butifldrm: THIS WAS PART OF THE DEAL TO GET IRAN’S NUCLEAR DEAL
OOTW: AND MOST LIKELY THAT THE IAEA IS OVERLOOKING IRAN’S CONTINUED TESTING OF MISSILES
OOTW: CAPPING YOUR TALK ON CORRUPTION IN THE ME AND IN THE US
OOTW: SHAMEFUL REALLY  OOTW: ALL FOR OIL AND CURRENCY
Butifldrm: OK, BUT CHINA WAS THE MAJOR OIL BUY/CONSUMER WHAT SENSE DOES THIS MAKE
Butifldrm: AND WHY WOULD CHINA MAKE THIS DEAL
OOTW: I CAN’T BE SURE, BUT……WHY IS THEIR MARKET VOLATILE AFTER THIS?
Butifldrm: OF COURSE CHINA’S MARKET HAS FALLEN AND SUBSEQUENTLY OUR MARKETS HAVE TOO

Butifldrm: www.wsj.com/articles/chin…
https://www.youtube.com/watch?v=99Sf918pUkQ
OOTW: DO YOU SEE A REBOUND IN SIGHT?
Butifldrm: IMO, CHINA’S MARKET HAS HAD DIRECT REPERCUSSION ON OUR MARKETS
OOTW: DO YOU THINK THE TREND WILL CONTINUE?
Butifldrm: MAINLY BECAUSE OF OIL
Butifldrm: ABSOLUTELY
Butifldrm: SO THAT BRINGS ME BACK TO THERE HAS TO BE A SIGNIFICANT FACTOR AS TO WHY THE IMPORTANCE OF THIS IRAN DEAL
Butifldrm: WE SEE OPEC CONSIDERING THE DECREASE IN OIL PRODUCTION IF ALL OIL PRODUCING STATES AGREE

Butifldrm: WE SAY IRAQ AGREEING TO A DECREASE IN OIL PRODUCTION IS ALL STATES AGREE
Butifldrm: WE SEE IRAN SAYING HECK NO
OOTW: THEY JUST CAME BACK TO THE WORLD MARKETS OF COURSE
Butifldrm: THE US HAS HAD TO CUT PRODUCTION
Butifldrm: IMO WE WILL SEE THESE ECONOMIES WHICH ARE NOT DIVERSIFIED PUMPING OUT OIL UNTIL ETERNITY TO MEET THEIR BUDGETS
OOTW: LIKE IRAQ….THEY NEED TO DIVERSIFY AND DEVELOP AND LAUNCH EXPORTS OTHER THAN OIL
Butifldrm: YES
OOTW: COULD BE YEARS BEFORE IRAQ GETS THEIR EXPORTS ( NON OIL) GOING
Butifldrm: AND THE SAD PART IS THEY HAD THAT OPPORTUNITY WHILE THEY WERE IN HIGH COTTEN
Butifldrm: BUT FOR SURE THEY NEED TO STOP THE CORRUPTION THROUGH THE AUCTIONS AND QUIT SPENDING THEIR RESERVES DEFENDING THEIR PEG TO THE DOLLAR
OOTW: YES WELL WE WAIT FOR THE CBI TO ENACT THE IMF RECOMMENDED REFORMS
OOTW: IT DOES SEEM THAT TRAIN IS STEADILY ROLLING NOW
Butifldrm: YEA, OIL, ISIS AND CORRUPTION ARE DRIVING THAT TRAIN.
Butifldrm: OK HONEY I BETTER GET TO BED
OOTW: GN SWEETIE  OOTW: THANKS FOR MORE CONNECTING THE DOTS
OOTW: 🙂   OOTW: READ HERE – BUTIFLDRM’S GREAT FIND AND RELATED CHAT
​wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3931&pid=9968#pid9968