Don't WAIT!

Wednesday, April 27, 2016

Backdoc, Thunderhawk and Mountainman Wed.AM  4-27-16  Part 2

Part 2:

BACKDOC:  A NEW REALITY? AHHH DAAAA!  (See article below)
 
ARE THEY READING OUR FORUM TOO? HEE HEE
 
JUST LIKE VIETNAM, CHINA, AND NOW SAUDI ARABIA, WHAT DO YOU DO WHEN YOUR STATE OWNED AND YOU NEED MONEY?
YOU PRIVATIZE!
 
 ISN'T IT INTERESTING? 
 
OZ IS VERY CLEVER! 
 
A GREAT WAY TO MOVE COUNTRIES SLOWLY TO A DEMOCRATICALLY FUNCTIONING GOVERNMENT!  IT HAPPENS OUT OF NEED.
 
IN THE MONTHS AND THE NEXT FEW YEARS IT WILL BE ALL ABOUT TRADE AND SHIPPING! THOSE COUNTRIES THAT WIN THAT GAME WIN THE CURRENCY WAR! 
....
IMAGINE A WORLD WITH NO INFLATION, OHH I GUESS YOU CAN'T YOU HAVN'T SEEN THAT BEFORE SUSTAINED HAVE YOU? WELL, YOU WILL STARTING BY FALL!  MANY COUNTRIES WILL CONTRACT THEIR GDP AND OTHERS WILL GROW THEIRS!
 
IRAQ, VIETNAM, AND INDONESIA WILL GROW AND BE BIG WINNERS WHILE OTHERS WILL WITHER AWAY!
 
ITS A ZERO SUM GAME NOW!  I WILL TRY TO TEACH YOU WHAT THAT MEANS IN THE DAYS AHEAD!
 
ESSENTIALLY SOMEONES' GAIN IS SOMEONES' LOSS!  BINGO DOC   IMO

Don961:  Zero sum .... There is $1 in the world  ....... If I have that dollar , and lose it by buying something I need with it , or someone steals it some way  , or I lose it on a bet ... Here's Me - $1 - $1 = $0 = $1 - $1 - You on the other side of the equation , could have the same happen to you ..... The bottom line is there is still only $1 in the world ..... Either you have it or I have it .... You could have 50 cents , and I could have 50 cents .... But it still adds up to $1
 
Mountainman:  So WHAT "IF" You had 3 MILLION DINARS and You Turned them INTO DOLLARS before VALUES went Up and Let's say You got 1 Dollar to 1 DINAR......and the PURCHASING POWER is The KEY COMPONENT.....Your 3 MILLION DOLLARS Just Became 1.5 MILLION DOLLARS.......
 
However had You WAITED......You WOULDN'T Have LOST 1/2 of WHAT You Had......Thus the REASON  to WAIT.....Unless ONE is Ok w/ said LOSS......That Is ONE REASON WHY IRAQI CITIZENS are ANGRY......and WAIT to have BETTER PURCHASING POWER......IMO......Blessings,Don.....Mountainman

BTW.......8 On It's SIDE......Is Not ONLY A SYMBOL of INFINITY......It Is LOOKING at YOU.....DIRECTLY.....A {PAIR of EYES}......Hmmm......As I Believe IT's ALL{READY}.......DONE........IMO........You and I Just Can't SEE {IT}......YET........But {IT}
SEES YOU........and That's The KEY to (8)........IMO   (8)=New Beginnings of MANY Things EVERYDAY.......

Thunderhawk:  Great plan, but Saudi Arabia really needs more: IMF

Saudi Arabia's plans to diversify its economy were welcomed by the International Monetary Fund's Middle East chief on Tuesday but he told CNBC that Saudi also needed to focus on attracting private investment.
 
Masood Ahmed, director of the IMF's Middle East and Central Asia department, told CNBC Tuesday that he welcomed Saudi Arabia's announcement the previous day of a plan to diversify its economy away from oil. However, he added that he hoped the kingdom and its Gulf neighbors would seek more private investment.
 
"I think it is the right approach in the sense of the level of ambition and also in terms of the comprehensive scope because, really, Saudi Arabia's economy is facing major challenges."
 
"They've got budget deficits that are going to be unsustainable at current and projected oil prices and they have a growth model primarily driven by oil so diversifying the economy and trying to balance the budget are the right objectives."
 
On Monday, major oil producer Saudi Arabia announced an economic plan designed to shift the kingdom away from oil production over the next 15 years. The plan included regulatory, budget and policy changes which aimed to create a "prosperous and sustainable economic future." In addition, the kingdom announced privatization measures and the creation of what it called the "largest sovereign wealth fund in the world."

The plan was unveiled by Saudi Arabia's increasingly influential Deputy Crown Prince who told CNBC that the new sovereign wealth fund could top $3 trillion. Earlier yesterday, Saudi confirmed that it planned to sell a stake of its state oil giant Saudi Aramco which was expected to be valued at more than $2 trillion.
 
Saudi needs private money
 
The IMF's Ahmed said on Tuesday that the "key issue" facing Saudi now was "how to make sure this gets implemented and building the institutional capacity to deliver on these objectives." He also hoped that the country and its neighbors would gradually look to attract more private investment.
 
"I think a lot of the growth has to come not from the investment of public money but from the attraction of private money because the growth model in Saudi Arabia and many of the Gulf countries has been one where the state has been playing a big role in terms of investment and being an economic agent," he noted.
 
"Going forward, more and more, that economic activity funding has to come from private companies with the state playing more of a traditional role of regulator."
Lost oil revenues
 
The IMF warned on Monday that cheap oil meant a "new reality" for the Middle East and that growth in the region remained subdued "persistently low oil prices and deepening regional conflicts."
 
In its latest regional assessment of the MENAP (Middle East, North Africa, Afghanistan and Pakistan) region, the IMF said that gross domestic product growth would be around 3 percent in 2016, a slight pick-up from last year due to increased oil production in Iraq and post-sanctions Iran.
 
However, it warned that growth in most other oil exporters is projected to slow further this year as they tighten public spending in response to lower oil prices.
Commenting in the report, Ahmed said that oil exporters lost a "staggering" $390 billion in export revenues last year on the back of the slump in oil prices and were expected to lose a further $140 billion this year.

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BACKDOC:  ISN'T INTERESTING THAT BANK OF AMERICA OWNS 35% OF BLACKROCKS' SHARES!
 
I SEE THIS CONSOLIDATION AS A VERY DEFENSIVE MOVE FOR SURVIVAL!  WE SEE ARTICLE AFTER ARTICLE STATING THAT THE IMF AND THE FED ARE PUSHING THE LIQUIDITY BUTTON!  APPARENTLY THEY HAVE SERIOUS CONCERNS!
 
I GUESS THEY SHOULD BECAUSE THE FACTS ARE NOW CLEARLY SHOWING DEFLATION IS UNDER WAY!  THIS CONTRACTION CAUSES DEBT TO RISE AND U.S. COMPANIES ARE AT THE HIGHEST DEBT LEVELS IN U.S. STOCK MARKET HISTORY.
 
AS ASSET BACKED CURRENCIES GIVE US HIGHER VALUE IT ALSO GIVES US A DEFLATIONARY EFFECT! 
 
LIQUIDITY IS A TOOL TO SLOW OR TRY TO EVEN OUT THAT DEFLATIONARY EFFECT SOME BUT EVEN THOSE TOOLS HAVE RUN THEIR COURSE. 
 
AS NEW PRICES ARE DISCOVERED BETWEEN NOW AND FALL THINGS ARE NOT GOING TO GO WELL FOR COMPANIES THAT HAVE DEBT LIKE WE SEE HERE! 

EARLIER I HAD THUNDER PUT UP AN ARTICLE ON EXON, SAME CONCEPT.  THIS IS WHY MANY BIG COMPANIES HAVE BEEN BUYING BACK STOCK TO REDUCE THEIR DEBT!
 
WITH CONTRACTION OR NO GROWTH WE COULD SEE YEARS OF STAGNATION IN MARKETS SINCE THE INFLATION GAME IS OVER BY FALL.
 
THIS WON'T END WELL FOR THOSE WHO HAVE DEBT OR HOLD DOLLARS!
 
I'M STAYING SECURITIZED IN ASSET-BACKED CURRENCIES SINCE THEY WILL GO UP MORE BY THE NEW YEAR IMO
 
GOLD AND OTHER METALS ARE SECURITIZED BUT SHOULD DROP AROUND 50% AS WELL, NOT THE ANSWER!  REMEMBER WE ARE NOT ON A GOLD STANDARD BUT AN ASSET-BACKED STANDARD NOW, AND THAT NEW RESERVE CURRENCY IS BLACK GOLD!
 
DOC   IMO

Thunderhawk:  BlackRock launches global retirement institute

The BlackRock Retirement Institute (BRI) will focus on a broad spectrum of critical retirement concerns and issues worldwide — from financial readiness, health care, and technology, through to public policy and beyond. Chip Castille, BlackRock’s global chief retirement strategist, who oversees BRI, said: “Studies estimate that more than half of all children born over the last decade will live past age 100.
 
We at BlackRock believe we have an urgent responsibility to continually examine the effectiveness of the current retirement system.” Landscape shift Tony Stenning, head of retirement, EMEA, said: “The UK pensions landscape has undergone some radical changes over the last few years.
 
Retirement used to be a case of saving for a few decades, and then with the purchase of an annuity, taking a guaranteed income for the rest of your life. “Now, pension savers are faced with all sorts of unknowns, and the growing popularity of [direct contribution] schemes means more of us must pay attention to our pension pot.
 
There are many questions we now must ask ourselves. “How long am I going to live? Will I outlive my pension? What happens to my retirement income if the stock markets crashes?
 
How will my investments perform if I withdraw money at the wrong time?
 
With freedom comes responsibility and individuals don’t have an easy job. “The BRI will help to answer some of these questions that we now face so that we can make more informed choices about our futures,” Stenning says.
 
Topics covered Topics covered by BRI's global research agenda include, among others: financial security; the design and delivery of employer sponsored retirement programs; behavioural finance (including triggers and incentives for effective retirement planning); public policy on retirement saving and investment; and the impact of an aging population on the economy.
 
“Retirement and longevity are shaping up as the central financial and societal challenges of our era,” said Bruce Wolfe, executive director of BRI. “We believe these challenges can be met and overcome with innovation geared toward a transformation of how individuals plan for and live in retirement.
 
"To that end, BRI can make a significant difference, bringing together many of the best minds, from a range of disciplines, to generate knowledge and create solutions that can help support secure retirements for individuals worldwide — one decision at a time,” Wolfe said.
 
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