BRUCE HIGHLIGHTS, 14 MARCH

 Thurs. 13 March 2025 Bruce

• British Admiralty Law and US Inc. were gone in the US, while Common Law is coming in over the weekend – that is part of Nesara.

• The USTN replacing the fiat dollar is in the banks and Redemption Centers. We can get it when we go in for exchanges.

• Gold backed Crypto Reserve is backing up our new US Note.

• Under Nesara income tax goes away and will be replaced by a 15% consumption tax.

• DOGE checks went out on Sun. night and Mon. morning. Some have received checks for $7,000 to $8,000. It is not known if they were DOGE checks or retirement checks. SS increases have not yet happened, but should by the end of the month.

• R&R will be in your account during your exchange.

• Redemption Centers have higher rates on the Dinar and is the only place you can redeem Zim. There are benefits you get at the Redemption Center that you can’t get at a bank.

• You get a Quantum Account at a Redemption Center.

• To activate your Quantum Account you need to have a new email, new code, new user name, biometric fingerprint or thumbprint, new password, 5 digit pin code.

• Money for the Admirals Groups will be put into a Quantum Account and people will go to a Redemption Center to activate their own Quantum Account.

• Bond Holders get notified that they have funds in their account and when they have access to that money. As of yesterday at 4 pm Bond Holders were flying into Reno and Miami to get their accounts. They were funding Bond Holders Tues. through Saturday of this week.

• Tier4b (us, the Internet Group) should get notified Friday 14 March or Saturday 15 March after the banks or markets close.

• Redemption Centers will be doing exchanges beginning Sat. 15 March.

• Redemption Centers will be exchanging for 14 days (some areas longer depending on the population).

DINAR REVALUATION REPORT: Will Iraq's Dinar Revalue in 2025? @DINARREVALUATION #iraqidinar

 

THE BLACK FILE”… REVENUES PARALLEL TO OIL LOST OUTSIDE THE STATE TREASURY: 3 PROPOSED SOLUTIONS (DETAILS), 14 MARCH

THE BLACK FILE”… REVENUES PARALLEL TO OIL LOST OUTSIDE THE STATE TREASURY: 3 PROPOSED SOLUTIONS (DETAILS)

Today, Wednesday (March 12, 2025), the representative of the Patriotic Union of Kurdistan, Bryar Rashid, raised decisive questions about what he described as the “black file” in Iraq, noting that non-oil revenues, which are equivalent in size to oil sales revenues, do not enter the state treasury in full.

Rashid confirmed, in a statement to “Baghdad Today”, that “all countries in the world depend on internal revenues such as taxes and service fees, which are used to finance salaries and expenses, but the situation in Iraq is different, as non-oil revenues reach the Ministry of Finance in very small amounts compared to their actual size.”

He pointed out that “this file is one of the most prominent hotbeds of corruption in the country, as revenues are recorded at low numbers that do not reflect their actual reality,” calling for a review of the mechanism for collecting them and ensuring that they are delivered to the state treasury according to their actual numbers.

Rashid stressed that “continued reliance on oil as a primary source of income is no longer a sustainable option, especially with the increase in expenses and salaries, ” noting that “large sectors, such as border crossings and government services, can generate huge revenues equivalent to oil revenues, if they are controlled and managed transparently.”

He concluded his speech by calling for serious government action to address this issue, which he described as “one of the biggest doors of corruption in the country,” stressing that “ignoring it will lead to continued financial waste and weakening of the national economy.”

Non-oil revenues in Iraq have always been a thorny issue that reflects the challenges of administrative and financial corruption in the country. Although Iraq has diverse sources of income, such as taxes, customs, government service fees, and tourism revenues, these resources are not clearly reflected in the state’s general budget, as they are recorded in modest numbers.

Experts believe that enhancing transparency, improving the collection system  and combating corruption are the most prominent  solutions proposed  to reform this file. This may enable Iraq to finance a large part of its budget away from complete dependence on oil, which will achieve economic stability in the long term.

WOLVERINE UPDATE, 14 MARCH

 Tues. 11 March 2025 Wolverine

 “Big Bond Holders are flying to the US right now. We have big news that this is the week we have been waiting for. 

There is good news from Iraq that it’s going to get released. We’re hearing good news from lots of platforms.”

MARKZ: Are there still 23 currencies in the first basket? @DINARREVALUATION #iraqidinarinvestor

 

IRAQ, WORLD BANK DISCUSS ENHANCING FINANCIAL COOPERATION, 14 MARCH

 IRAQ, WORLD BANK DISCUSS ENHANCING FINANCIAL COOPERATION

Finance Minister Taif Sami stressed the importance of the ongoing partnership with the World Bank, and Iraq’s aspiration to benefit from the technical and financial support provided by the bank in implementing strategic projects to stimulate economic growth and provide job opportunities, especially in areas including infrastructure and human development. This came during her reception of the World Bank Representative to Iraq, Jean-Christophe Carret, and his accompanying delegation.

The meeting discussed ways to enhance economic and financial cooperation between Iraq and the World Bank. It reviewed a number of key topics related to enhancing financial stability in Iraq, in addition to discussing development projects that the two parties seek to implement with the aim of achieving sustainable development.

For his part, the World Bank representative expressed the bank’s commitment to continue supporting Iraq in achieving its development goals, noting that the World Bank pays great attention to enhancing Iraq’s ability to face economic and development challenges, with a focus on sustainable development and achieving comprehensiveness in the benefits achieved.

Awake-in-3D: Banking Crisis Warning, What Global Banks aren’t Telling you, 14 MARCH

 Awake-in-3D: Banking Crisis Warning, What Global Banks aren’t Telling you

Banking Crisis Warning: What Global Banks Aren’t Telling You

Awake-In-3D
March 12, 2025

Global banks are pulling back, signaling trouble ahead—here’s what they don’t want you to know.

The global financial system is sending a quiet but urgent warning—one that most people are overlooking. Banks are supposed to fuel economic growth by lending, but right now, they’re doing the opposite. Instead of putting money into businesses and households, they’re stockpiling government bonds at an alarming rate. This shift isn’t random—it’s a calculated move that signals caution, not confidence. In times of financial uncertainty, banks act as early warning indicators. Their recent actions suggest a brewing banking crisis, one that could have far-reaching consequences for investors and policymakers alike.

A Sudden Shift in Strategy

European banks recently embarked on an extraordinary bond-buying spree—the third largest on record. The last time we saw such a move was in April 2020, at the height of global economic panic during the pandemic. This sudden shift raises serious questions, particularly given one alarming detail: despite their enthusiasm for purchasing government bonds, these banks show remarkable reluctance to lend money to businesses and households.

Central Banks Are Losing Control

Central banks globally are aggressively cutting interest rates, publicly framing these measures as economic stimulus to spur borrowing, investment, and growth. Yet banks—the very institutions responsible for channeling money into the economy—are not responding as expected. Instead, they’re retreating, opting for safety over opportunity.

Why Banks Are Tightening Credit

Why are banks tightening credit instead of lending? Historically, when banks increase their holdings of government bonds, it’s a clear signal of caution. They perceive greater risk ahead and choose safety over profit. This behavior isn’t isolated to Europe:

• China recently had to intervene with a bank bailout.
• U.S. banks are tightening their credit standards.
• Financial institutions worldwide are adopting defensive postures rather than aggressive lending strategies.

The Banking Crisis and Economic Warning Signs

The critical takeaway here is that low interest rates, often touted as a sign of a strengthening economy, often signal deeper underlying issues. Banks, well-positioned to detect early signs of economic trouble, indicate apprehension rather than optimism .

This trend warrants serious consideration. When banks collectively adopt defensive strategies, it often foreshadows broader economic challenges on the horizon. Investors and policymakers would do well to heed this signal and prepare accordingly.

How Investors Can Protect Themselves

So, what do savvy investors do in times like these? They shift their focus from volatile fiat currencies and unstable economic policies toward more reliable stores of value—most notably, hard assets like gold. History repeatedly demonstrates that during uncertain times, tangible assets offer a crucial hedge against financial turbulence.

The Bottom Line: Banking Crisis Signals Caution

In short, the current behavior of global banks is a quiet yet powerful indicator that caution, preparedness, and prudent investing strategies are more important now than ever.