Thanks My Ladies for letting us share from your private chatroom
LM: Why are we so focused on Iraq all of a sudden? The Global picture is a mess and it seems there is a plan and a financial war going on and a new system being put into place. Call it Duke & Duke/ cabal/ whatever…
Something massive is changing and when that is sorted out, Iraq will be allowed to re-price. Could be any minute, or any month… IMHO (f)
Also, are any of you smart banking folks hearing that margin calls on derivatives are due this week, and the big banks can’t pay them? Could be Dinarland fodder, but is there validity to it?
Thanks in advance. I will go back to lurking now (chuckle)
....
LM: Why are we so focused on Iraq all of a sudden? The Global picture is a mess and it seems there is a plan and a financial war going on and a new system being put into place. Call it Duke & Duke/ cabal/ whatever…
Something massive is changing and when that is sorted out, Iraq will be allowed to re-price. Could be any minute, or any month… IMHO (f)
Also, are any of you smart banking folks hearing that margin calls on derivatives are due this week, and the big banks can’t pay them? Could be Dinarland fodder, but is there validity to it?
Thanks in advance. I will go back to lurking now (chuckle)
....
Joey: This is very interesting, why should bonds be selling when many Central Banks are not paying bondholders and this has set a precedence as holding up in court. As with Argentina. Are we just waiting for the crash and the new beginning with the SDR???
Joey: Per Bloomberg on TV. Central Bank of Argentina which has bonds held in New York City doesn't have to pay the bond holders any money. Been on more than once today.,
This was a court decision
MEMPHIS: Not directly but then again these contracts are always rolling over so I am not sure what significance any given week might have.
What I have been hearing tho is that derivatives contracts specifically in the oil/energy sector are under immense pressure. [We should note that this has been building thruout 2015, not any type of sudden onset.]
The concern here is that once bank A cannot meet an obligation to pay $ to bank B then Bank B will in turn be unable to meet obligations to bank C who in turn owes $ to bank A....
You get the point. IF such a thing is truly nearing the breaking point it will makes some waves for sure but will not be the end of all things either. Simply another example (manifestation) of excess capital being destroyed as the worlds economy contracts.
I know this is not a direct answer to your Q but it's all I have at present! Either way. I guess my point here is that we should FULLY expect the ongoing deflation in the energy sector to be made manifest in the not too distant future. (handshake)
Joey: TY Memphis!!!
MEMPHIS: Notice that I carefully avoided the "I" word? Trying to present a more cheery brighter side to things and the word "INSOLVENT" is so hard to mix into polite conversation!
Joey: TY Memphis, well put. It's the typical Humpty-Dumpty syndrome and nobody could put it back together again.
MVL: Thanks, Memphis. Death pangs of the old system, alongside birthing pains of the new, I believe.
************
Sager: On 2015-08-31, at 9:53 PM, - SAGER - wrote:
> Chief of the Atomic Energy Organization of Iran says world powers have agreed to immediately lift all sanctions on Iran as part of the deal on the country’s nuclear program.
> http://ift.tt/1ifom6j
Sager: TO FURTHER COMMENT ON THIS… IRAN SAYS “WORLD” POWERS???! WORLD POWERS HAVE AGREED TO IMMEDIATELY LIFT ALL SANCTIONS ON IRAN?
WHO ARE THESE WORLD POWERS? DOES THAT INCLUDE THE US???
************
More News Around the World:
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Princess DD: Grexit may be better for Greece: Euro architect
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Princess DD: Stocks Slide as Global Growth Angst Deepens; Treasuries Climb http://ift.tt/1KYorCo
Princess DD: Lifting Sanctions Won’t Help If Domestic Economy Is Weak’: Iranian Deputy Foreign Minister http://ift.tt/1EyAkC9
Princess DD: The impact of lifting Iranian sanctions
http://ift.tt/1KFoGX7
************
Princess DD: Iran not to forget friends after sanctions
Tue 01 September 2015 04:23 GMT | -1:23 Local Time
An official says Iran’s economy will grow whether sanctions are lifted or not and that Tehran will not forget those countries which maintained relations during the worst of times. http://ift.tt/1KFoGX9
Princess DD: Iran Nuclear Deal Gains Momentum With Endorsements of Four House Democrats http://ift.tt/1LJGoHM
************
Princess DD: UPDATE 3-China c.bank to clamp down on forwards trading to curb yuan depreciation http://ift.tt/1FfCvFz
Princess DD: The hang seng closed down 481 points
Princess DD: IMF chief warns of slower growth after China shockwaves
Christine Lagarde thinks Asian economies could continue to lose momentum following recent turmoil on global markets http://ift.tt/1N6WIW6
Princess DD: IMF's Lagarde sees weaker than expected global economic growth http://ift.tt/1KZEOi4
Princess DD: IMF poised to cut growth forecasts as emerging markets face triple threat
Christine Lagarde says emerging market economies face being caught on the "wrong side" of slower growth in China, weaker commodity prices and the prospect of higher US interest rates http://ift.tt/1LHwXZk
Princess DD: IMF warns emerging economies must be vigilant on China slowdown http://ift.tt/1KFoGXh
Princess DD: Indonesia is better prepared to face global volatility-IMF head http://ift.tt/1LJGoHN
Princess DD: IMF Says China Economy Slows; Caixin China PMI Collapses - 24/7 Wall St. http://ift.tt/1LJGn6x
Princess DD: IMF reassesses global growth prospects http://ift.tt/1KFoJ5j
Princess DD: IMF Director Christina Lagarde Visits Indonesia for Conference, Not for Loan Talks http://ift.tt/1KFoHdB
Joey: Per Bloomberg on TV. Central Bank of Argentina which has bonds held in New York City doesn't have to pay the bond holders any money. Been on more than once today.,
This was a court decision
MEMPHIS: Not directly but then again these contracts are always rolling over so I am not sure what significance any given week might have.
What I have been hearing tho is that derivatives contracts specifically in the oil/energy sector are under immense pressure. [We should note that this has been building thruout 2015, not any type of sudden onset.]
The concern here is that once bank A cannot meet an obligation to pay $ to bank B then Bank B will in turn be unable to meet obligations to bank C who in turn owes $ to bank A....
You get the point. IF such a thing is truly nearing the breaking point it will makes some waves for sure but will not be the end of all things either. Simply another example (manifestation) of excess capital being destroyed as the worlds economy contracts.
I know this is not a direct answer to your Q but it's all I have at present! Either way. I guess my point here is that we should FULLY expect the ongoing deflation in the energy sector to be made manifest in the not too distant future. (handshake)
Joey: TY Memphis!!!
MEMPHIS: Notice that I carefully avoided the "I" word? Trying to present a more cheery brighter side to things and the word "INSOLVENT" is so hard to mix into polite conversation!
Joey: TY Memphis, well put. It's the typical Humpty-Dumpty syndrome and nobody could put it back together again.
MVL: Thanks, Memphis. Death pangs of the old system, alongside birthing pains of the new, I believe.
************
Sager: On 2015-08-31, at 9:53 PM, - SAGER - wrote:
> Chief of the Atomic Energy Organization of Iran says world powers have agreed to immediately lift all sanctions on Iran as part of the deal on the country’s nuclear program.
> http://ift.tt/1ifom6j
Sager: TO FURTHER COMMENT ON THIS… IRAN SAYS “WORLD” POWERS???! WORLD POWERS HAVE AGREED TO IMMEDIATELY LIFT ALL SANCTIONS ON IRAN?
WHO ARE THESE WORLD POWERS? DOES THAT INCLUDE THE US???
************
More News Around the World:
PrincessDD: Turmoil in China, weak inflation may open door for more stimulus from European Central Bank http://ift.tt/1IC5G5W
Princess DD: Grexit may be better for Greece: Euro architect
http://ift.tt/1LJGoHK
Princess DD: September is shaping up as the Fed's worst nightmare http://ift.tt/1LJGn6p
Princess DD: Stocks Slide as Global Growth Angst Deepens; Treasuries Climb http://ift.tt/1KYorCo
Princess DD: Lifting Sanctions Won’t Help If Domestic Economy Is Weak’: Iranian Deputy Foreign Minister http://ift.tt/1EyAkC9
Princess DD: The impact of lifting Iranian sanctions
http://ift.tt/1KFoGX7
************
Princess DD: Iran not to forget friends after sanctions
Tue 01 September 2015 04:23 GMT | -1:23 Local Time
An official says Iran’s economy will grow whether sanctions are lifted or not and that Tehran will not forget those countries which maintained relations during the worst of times. http://ift.tt/1KFoGX9
Princess DD: Iran Nuclear Deal Gains Momentum With Endorsements of Four House Democrats http://ift.tt/1LJGoHM
************
Princess DD: UPDATE 3-China c.bank to clamp down on forwards trading to curb yuan depreciation http://ift.tt/1FfCvFz
Princess DD: The hang seng closed down 481 points
Princess DD: IMF chief warns of slower growth after China shockwaves
Christine Lagarde thinks Asian economies could continue to lose momentum following recent turmoil on global markets http://ift.tt/1N6WIW6
Princess DD: IMF's Lagarde sees weaker than expected global economic growth http://ift.tt/1KZEOi4
Princess DD: IMF poised to cut growth forecasts as emerging markets face triple threat
Christine Lagarde says emerging market economies face being caught on the "wrong side" of slower growth in China, weaker commodity prices and the prospect of higher US interest rates http://ift.tt/1LHwXZk
Princess DD: IMF warns emerging economies must be vigilant on China slowdown http://ift.tt/1KFoGXh
Princess DD: Indonesia is better prepared to face global volatility-IMF head http://ift.tt/1LJGoHN
Princess DD: IMF Says China Economy Slows; Caixin China PMI Collapses - 24/7 Wall St. http://ift.tt/1LJGn6x
Princess DD: IMF reassesses global growth prospects http://ift.tt/1KFoJ5j
Princess DD: IMF Director Christina Lagarde Visits Indonesia for Conference, Not for Loan Talks http://ift.tt/1KFoHdB
PrincessDD: Indonesia in good position to weather economic storm: IMF chief
IMF's managing director Christine Lagarde says Indonesia should take advantage of its young population to boost its growth. http://ift.tt/1KFoJ5n
PrincessDD: Opinion: No Indonesian Welcome Mat for the IMF http://ift.tt/1KFoHdG
PrincessDD: Global economic growth may be weaker than expected: IMF The IMF in July forecast global growth at 3.3 percent this year, slightly below last year's 3.4 percent. http://ift.tt/1KFoHdM
PrincessDD: FULL TEXT: Christine Lagarde on Indonesia’s Economic Potential
International Monetary Fund Managing Director Christine Lagarde tells the youth they are the 'change agents' that will propel Indonesia to greater heights
http://ift.tt/1KFoJlI
************
MVL: UAE Banks addicted to government debt... http://ift.tt/1KFoJlJ
MVL: Iranian Parliament Speaker claims Iran is ready for major economic growth... http://ift.tt/1L0oL3s
MVL: UN's Ban Kay Moon wants Iran to be a larger player in the sandbox... http://ift.tt/1LHF9J7
*************
Princess DD: IMF to cut global growth forecast http://ift.tt/1LJGn6F
Princess DD: RI will handle current economic turmoil well: IMF chief http://ift.tt/1LJGoYh
MVL: Dividing Baghdad into "zones", in another attempt at what passes for stability in the Capitol... http://ift.tt/1UjClsZ
IMF's managing director Christine Lagarde says Indonesia should take advantage of its young population to boost its growth. http://ift.tt/1KFoJ5n
PrincessDD: Opinion: No Indonesian Welcome Mat for the IMF http://ift.tt/1KFoHdG
PrincessDD: Global economic growth may be weaker than expected: IMF The IMF in July forecast global growth at 3.3 percent this year, slightly below last year's 3.4 percent. http://ift.tt/1KFoHdM
PrincessDD: FULL TEXT: Christine Lagarde on Indonesia’s Economic Potential
International Monetary Fund Managing Director Christine Lagarde tells the youth they are the 'change agents' that will propel Indonesia to greater heights
http://ift.tt/1KFoJlI
************
MVL: UAE Banks addicted to government debt... http://ift.tt/1KFoJlJ
MVL: Iranian Parliament Speaker claims Iran is ready for major economic growth... http://ift.tt/1L0oL3s
MVL: UN's Ban Kay Moon wants Iran to be a larger player in the sandbox... http://ift.tt/1LHF9J7
*************
Princess DD: IMF to cut global growth forecast http://ift.tt/1LJGn6F
Princess DD: RI will handle current economic turmoil well: IMF chief http://ift.tt/1LJGoYh
MVL: Dividing Baghdad into "zones", in another attempt at what passes for stability in the Capitol... http://ift.tt/1UjClsZ
via Dinar Recaps - Our Blog http://ift.tt/1LJGoYj
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