Wednesday Evening Chat With MarkZ 1-29-2025

 Wednesday Evening Chat With MarkZ 1-29-2025

MarkZ Update – Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good evening Mark, mods and everyone.

Member: Reading good things… What are you hearing Mark? Good things I hope.

Member: I bet we were waiting for the Treasury Secretary to be confirmed to move forward……hopefully something will happen now.

MZ: I was told there is an assistant to Mr. Bessent prepping things right now in Iraq. They have been there now for days and are preparing for the Treasury Secretary’s arrival…which will be soon.

MZ: I am hearing the US Treasury is working directly with Iraq and I find that encouraging.

Member: Supposedly there is a big meeting soon at Sudani’s house.

MZ: I hear they may get the budget put to bed and vote on it this Friday….Maybe it’s a celebration.

Member:  It’s odd if Iraq government is working on Friday… isn’t that their religion day?

Member: Mark, heard the budget is out but not official. it’s in billions not trillions

Member: Frank26 is saying that right now.

Member: If budget is listed in billions not trillions…. sounds like a rate change in coming

MZ: “ Chairman of the finance committee : Charting a new course to manage the financial system in Iraq”  They have become safe and stable and are working on diversifying the economy. They plan on working very closely with the new US administrations for a “New Iraq” charting a whole new course.

MZ: We do have news that London gold shipments to the US has skyrocketed off the London Metals exchange. (LME) which is causing shortages. What is going to be the straw that breaks the camels back?

Member: I hope it’s for gold backing to our new currency? .

Member: TNT says Thursday, Friday, or Saturday.

Member: Majee said today just a couple of more days. Iraq is out of money

Member: I wonder- Is everything we are seeing with Iraq, smoke and mirrors like Kuwait?

Member: Any news on Prosperity packages?

MZ: I wish. Nothing new in a couple of days.. The bond side, banking side and group side is also very quiet.

Member: NDAs are in force MarkZ. Found out my Tribal Chief in Oklahoma is under NDA. Had a big smile on his face when he told me and my uncle.

Member: I think it will be a shotgun and we all go at once.

Member:  Maybe it will all end on groundhog day. Everyday is groundhog day anymore.

Member: We are here to learn patience… If it’s a virtue…we are all very virtuous.

Member: Everyone have a safe and peaceful night.

Mod: JOIN US AT 8:00 PM EST FOR A FUN W&W

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

JON DOWLING: We are finally in the climax point folks!!! @DINARREVALUATION #iraqidinarinvestor

 

Iraq Is Under The Danger Of Sanctions: The Smuggling Of The Dollar Threatens The National Economy, 31 JAN

 Iraq Is Under The Danger Of Sanctions: The Smuggling Of The Dollar Threatens The National Economy

 
Jan 26, 2025 Last update: Jan 26, 2025  Independent/- With the approaching end of 2024, economic reports showed an unprecedented rise in smuggling the dollar from Iraq, which raised great concern in international economic and financial circles.
 
The flow of hard currency is accelerated outside the country, with increasing complaints from the involvement of many governmental and private banks in these smuggling operations, 
which threatens to impose economic sanctions on Iraq by international financial institutions.

The escalation of the phenomenon of smuggling of the dollar out of Iraq has led to the pushing of economists and international observers to talk about serious consequences for the Iraqi economy.

Where reports indicate that Iraqi banks, whether governmental or private, played a prominent role in smuggling the dollar abroad through informal channels.
 
This smuggling is not limited to the deterioration of the local economy, but rather threatens dangerous consequences that may lead to financial sanctions by the major countries, especially the United States of America, especially in light of the increasing suspicions of money laundering and the support of suspicious activities.
 
The dollar sale rate witnessed a noticeable increase over the past year, to exceed 81 billion dollars, which is an unprecedented number in the history of Iraq.
 
Despite the Iraqi government's attempts to take measures to reduce this phenomenon, the financial conditions do not seem to be under control .
 
On the other hand, the Central Bank of Iraq justifies this increase in selling the dollar as to cover the needs of Iraq from goods and services,
 
but there are warnings that this is a cover for wide smuggling operations aimed at financing countries subject to international sanctions such as Iran and Syria.
 
Fears of US sanctions
 
Under the pressure of international financial institutions, especially the United States, the
 
Central Bank of Iraq
 
     acknowledged the existence of a dollar smuggling crisis and
     announced the suspension of work on the electronic platform that banks were adopting to sell the dollar.

But is this step enough to prevent illegal practices?
 
Experts believe that this decision may be just a formal attempt to dispel international concerns,
especially since
 
many obstacles still hinder the effectiveness of the declared procedures.
 
Economist Dr. Nabil Al -Marsoumi says in press statements that
 
what is happening now is to transfer sales and purchases through correspondence (intermediate) banks, which are banks subject to less control, which facilitates money smuggling and money laundering operations.
 
This transformation of the sale mechanism may increase the complexity of monitoring and increase international anxiety over illegal purposes of these financial transfers.
 
Political complicity and corruption
 
There are also analyzes that indicate that political corruption and collusion between some parties in the Iraqi government and its associated banks may have a major role in this crisis.
 
While the government has pledged to take deterrent measures, the actual implementation on the ground seems to be shy.
 
There are political and financial interests for some parties that run commercial banks, and benefit from these informal networks to smuggle the dollar.
 
In statements to him, Iraqi MP Mustafa Sanad stressed that
 
a large part of this smuggled money goes to Iran,
 
which opens a wide door to talk about Iranian domination of the Iraqi economy and its negative effects on the stability of the country.
 
These facts reflect the size of the challenges facing Iraq in its attempts to combat the smuggling of the dollar and achieve real economic stability.  

Insufficient procedures
 
Despite the efforts made by the government of Iraq, whether through the Central Bank or the Ministry of Finance, the gap between the official exchange rate of the dollar and the black market price is still large.
 
This gap reflects the weak measures taken to combat currency smuggling, and enhances the chances of speculators in the currency market.
 
In highly cruel statements, some experts indicated that the government does not have the true political will to confront this crisis seriously, as the influential forces on the ground, including the major political parties, benefit from the continuation of this corrupt system.
 
Therefore, the process of solving this crisis remains very complicated and needs radical interventions that start from reforming the Iraqi financial system completely.
 
Summary
 
What Iraq is facing today from the crisis of smuggling the dollar is not just a passing economic problem,
 
but rather an alarm bell that may afflict the Iraqi economy and expose it to international financial sanctions.
 
Despite the government's pledges to achieve reforms, the current situation reflects the lack of seriousness in addressing the true roots of the crisis.
 
If things continue this way, Iraq may witness an escalation in international economic pressures,
which will increase the suffering of the Iraqi people and push the country to more financial isolation on the international scene.    https://mustaqila.com/العراق-تحت-خطر-العقوبات-تهريب-الدولار/  

JUDY NOTES: POSSIBLE TIMING, 30 JAN

 JUDY NOTES

Possible Timing:

• Tues. 14 Jan.: “All the information is saying “Next week.” …JFK Awakening Q17 on Telegram

• Fri. 24 Jan. 2025 RayRen98@The TNT Team: “Talk Radio is not working. Call delayed. We have good news, though. We have arrived.” TNT

• On Sat. 25 Jan. 2025 around 12:30 pm EST a major radio blackout began around the World. All systems were down for Australia, Asia, Russia and China as the first phase of the Wealth Redistribution had commenced. Trump announced on Telegram, “The most historic 100 hours in American History – The Gold Age of America – begins now (goesto Wed. 29 Jan. 2025 12:30 pm EST) …Donald J. Trump Official on Telegram

• On Sat. 25 Jan. 2025, the first phase of the wealth redistribution will officially commence for the general public. …JFK Jr. on Telegram

• Mon. 27 Jan. 2025: JFK Jr. said on Telegram that Ten Days of Communication Darkness began, though only in certain areas where they were doing m**********s. Eventually the new Star Link Satellite System will show documentaries 24/7 to inform the public about the fall of the C***l and it’s fiat US Dollar, independence for all 209 nations participating in the Global Currency Reset and the availability of long hidden technologies including Med Beds.

• Mon. 27 Jan. 2025 Wolverine: “President Trump has signed the executive order on crypto currency finance, which means we can now get started (when banks open on Mon. 27 Jan. 2025). Get ready everyone buckle your seatbelts as we are about to go warp speed. Blessings Wolverine”

• In Aug. 2025 the U.S. Treasury will send out a computer algorithm to each bank to zero debt balances in a Debt Jubilee. The banks will then zero out all mortgage debt, credit card debt, car debt, etc. On Wednesday, July 10, 2024 the Debt Jubilee was legalized by Trump. Citizens do not have to contact their debtor to ask for the Debt Jubilee. Watch for your new zero balance statement coming out sometime in August. …JFK Awakening on Telegram

MZ: my bank contacts were told to be prepared to work for the next few weekends!! @DINARREVALUATION

 

Iraq is on the ver of an economic renaissance.” Sudanese Advisor Reveals Plans for the Next Stage, 30 JAN

 Iraq is on the ver of an economic renaissance.” Sudanese Advisor Reveals Plans for the Next Stage

Shafaq News / Mazhar Mohammed Saleh, economic and financial adviser to Iraqi Prime Minister Mohammed Shia Al-Sudani, revealed on Tuesday the expected economic situation of the country during the next phase.

Saleh told Shafaq News that “Iraq enjoys high economic capabilities, as it is witnessing a cohesion between a renaissance in infrastructure on the one hand, and strategic development thinking on the other hand, foremost of which is the development path that will attract local and international investments, in addition to the active government contribution, which will constitute an unprecedented renaissance in the country, especially in the residential urbanization sector and the new cities that have launched their projects and will not stop, which is the best way for economic well-being on the one hand and raise the level of employment in the country on the other hand.”

He pointed out that “Iraq also enjoys unprecedented price stability, as the annual price growth rate did not exceed 2.9% against a rise in GDP growth of 6%, which makes Iraq walk on the path of sustainable economic development at a steady pace, and all governorates are witnessing remarkable progress.”

Saleh continued that “the National Development Plan for the years 2024-2028 seeks to enhance the contribution of the industrial sector to GDP to about 2.2%, after remaining less than 1.8% in previous years,” noting that “this launch will come through the diversification of the industrial sector, both private and governmental, with a focus on the transition from crude oil production to the production of petroleum derivatives and the petrochemical industry.”

Saleh stressed that “Iraq is the ninth country in the world in natural resources, as its territory includes more than 16 trillion US dollars worth of these resources in terms of market value,” pointing out that “investment in and manufacturing these natural resources will increase the added value for them for several times, whether for the purposes of national industries or export.”

He explained that “the National Development Plan refers to efforts to rebuild the pillars of the manufacturing industry through real partnerships with the private sector, where the state contributes to financing manufacturing by 85%, while the private sector bears 15% of the financing.”

Saleh added that “the financing strategy includes industrial projects on five levels, foremost of which are projects related to reconstruction and housing or those related to development path works, and then pharmaceutical industries, with a focus on the government’s economic philosophy, which is based on the partnership between the state and the market with broad social security. This vision moves away from economic liberalism and its risks.”

He added that “Riyada Bank was established to provide small and medium-sized loans to young people, after the Prime Minister’s Riyada initiative, which paved the way for providing thousands of loans to the youth sectors and moving their innovations and initiatives. It shows that 60% of the workforce is absorbed in small and medium-sized industries, while continuing to strategic national industries such as petrochemicals and digital.”

Saleh concluded his remarks by saying: “This is an important shift in the face of sustainable unemployment conditions, as unemployment rates have currently fallen to about 14%, and are expected to continue to fall to normal levels of no more than 4% of the total labor force, which is what we look forward to providing about half a million new job opportunities for people of working age, who are able and willing to work.”

https://www.shafaq.com/ar/اقتصـاد/العراق-على-عتاب-نهضة-اقتصادية-مستشار-السوداني-يكشف-خطط-المرحلة-المقبلة

TIDBIT FROM SANDY INGRAM, 30 JAN

 Sandy Ingram 

 The U.S. has limited its efforts to help increase the value of the Vietnam Dong...The U.S. at times has labeled Vietnam as a currency manipulator, accusing it of deliberately keeping the Dong undervalued to make its exports cheaper and more competitive in global markets. 

 Vietnam has managed to achieve significant economic growth despite its currency being undervalued...A low currency value makes exports cheaper and more attractive to international buyers...