I like this from SpaceCowboy

[Iownya83]

Opps this is a repost of Axec Space cowboy thread my bad.

I read this today off another site and found it some what informative This is my first re-post form another site so if I do it wrong I apologize in advance

February 7th, 2012 07:20 am • Posted in RUMORS (Dinar Revaluation)

Italy loaning Iraq half a billion dollars.

Want to start jumping up and down in excitement? I am. This article makes me start to tremble and tonight I am going to dream of Hawaiian Beach homes… Seriously, this is one of the most blatant and most in your face financial articles I have read in a year. This article makes me giddy. I am seriously about to crap my drawers that this came out so blatant. Hang on to your crochet granny, we are getting close!

Here’s why! Italy is 2.4 TRILLION in debt! Italy has lost 3,000% of GDP in the last 10 years! Italy fell further than many of its Euro peers. Italy has, for the last decade, averaged a NEGATIVE growth rate! Italy has one of the worst export trade sectors of all nations, and it has an average age population of 45 years old! IF that doesn’t give you a quick overview of how bad it is there, then consider this: it is estimated that in the next 7 years, Italy will only be able to pay off 4% of the loans it has taken in the last 12 months! That means they are, at the very best, going to default on 96% of all bonds purchased! This is a perfect picture of European failure and if you hang on just a few minutes longer, you will understand why their horrible situation MAY mean good news to us!

I want to ask… with a situation so desperate and so bleak, why would Italy be ALLOWED to loan ANYONE a nickel… let alone 500 million! Recently, Italy has been having bond sales for very short term bonds with very high interest rates. Great for investors IF they pay, but most hedge funds have steered clear as the Euro crisis gets worse and worse. Italy can’t make Germany pay off its debts any quicker, and Germany can’t get Spain to pay its debts… and this goes on and on until you get dizzy and throw up. I can’t make it any clearer, Italy doesn’t have the money to loan themselves a salami sandwich, and if they actually loan Iraq 500 Billion there will be worldwide calamity as the Euro tanks! Now we are getting closer to the good part!

I think you are starting to figure it out too. The question of the century is: “How in the wide wide world of sports is Italy able to loan Iraq 500 million dollars? The answer is easy. It isn’t.

A US Treasury Secretary, Henry Paulson, 2008, said “If you’ve got a bazooka, and people know you’ve got it, you may not have to take it out.” This statement rocked the world and opened a lot of eyes financially.

Recently Mario Monti was placed into office in Italy. He made a comment about Italy’s financial crisis that would make any bully proud. Mr. Monti stated that “the IMF doesn’t need to ever actually distribute one single Euro to a single Euro country to get out of debt and salvage their economies.” He said that “all the IMF needed to do was to STATE THAT THEY WERE GOING TO INSURE LIQUIDITY, AND HAVE EACH MEMBER COUNTRY STATE THAT THEY WOULD USE THE LIQUIDITY TO COVER DEBT, AND FOREIGN NATIONS WOULD BE GLAD TO GIVE MONEY TO PROP UP THE EURO AND MEMBER COUNTRIES!” He is taking the bazooka statement and making it true for Italy’s economic situation. The want the world to believe they have liquidity promised… so they can trick the world into giving them liquidity! That is insane!!!!!

I promised good stuff. So since you have been patient, here it is.

The only way in the world that Italy has any money to give to Iraq, is if Italy cashes in Dinar holdings at a RV’d rate! This “loan” is intended to make investors THINK Italy has a bazooka (liquidity) and they hope that we believe it so that Italy and the Euro will never have to prove it… because they can’t!

The IMF IS VERY OBVIOUSLY following the insaniac program to a “T”. They are now, publicly trying to get everyone to believe that there IS liquidity in Europe… tons of it! The IMF is saying there is so much liquidity in Europe that even the nut job Italians can afford to loan 500 billion!

Follow the lunacy straight to Iraq. They already have a huge IMF loan available to use at any time. They have billions in reserve, and they are playing with their currency auctions at will. They don’t even need Italy’s fake 500 million! So why the loan?

Because there is an RV just around the corner.

Nothing says “We are not going to RV!” on Monday like saying “We are borrowing money from the most broke and in debt nation in the world” on Sunday. Iraq’s golden goose gets cooked if anyone knows the RV date in advance. this is the most blatant lie I have ever seen the IMF put out there, and trust me, it has nothing to do with Italy or the Euro.

Iraq’s problem is that they have been selling Dinar to some very bad people lately and the news hit the street and the you know what hit the fan. The IMF is running around saying stupid stuff and Iraq government officials can hardly contain themselves any longer.

Want to watch the Euro get fixed? Hang on, cause the IMF is going to announce it very soon. They are probably NOT going to say it was Iraq because they want us to believe it is the liquidity in Europe that allowed Europe to rally and save their currency. Don’t be fooled, it is going to take a monumental financial event… not a fake bazooka! And the only monumental event possible in the world right now is the Iraqi revaluation of its dinar.

Sorry about rambling, but it is all just hype unless you understand WHY it is important that the IMF and Italy are faking a massive loan to Iraq. It is to keep Saudi and China from buying Iraq! But the part that is easy to put in your pocket and keep for lunch is this: Iraq is RV ready and the IMF just messed up big time.

I am telling you quite honestly, I think this is one of the most important articles I have read in a long, long, time. When the IMF is scrambling to get everyone on board with the Euro it is so they can RV Iraq quickly and quietly.

Maybe post RV we can go to Italy and buy ancient artifacts! LOL COME ON BABY… RV!

I want to mention that most of the Italian fiscal info is from the respected economist, Edward Hugh. I want to give him credit for his in-depth charts and research that helped me put this all together. I have not quoted his weekly economic paper directly, but I have used the information he researched and provided freely in this post.

[jeepguy]

Aswat Al Iraq / Economy , Baghdad

--------------------------------------------------------------------------------

10% of Italian loan to support Iraqi Christians

2/6/2012 8:44 PM

BAGHDAD / Aswat al-Iraq: The Italian ambassador to Iraq Gerardo Carante announced today that 10 percent of the Italian loan will be allocated to support the Iraqi Christians, while the rest will be spent for strategic projects, including the Greater Fao Port, according to a statement issued by the Planning Ministry.

The statement added that the Minister Ali Yousif al-Shukri met with the Italian ambassador today and discussed bilateral relation.

It added, quoting ambassador Carante, that Italy granted Iraq a loan of half a billion Euros to support Iraqi infrastructures and human development.

Ambassador Carante pointed out that 10 percent of this loan shall be allocated to the Christians.

Iraqi minister announced that the Italian loan shall be repaid within 8 years, which shall support

housing projects, some of them shall be allocated to poor Christians, antiquities dossier, the Greater Fao Port, due to be implemented, and building a university in Ain Kawa area in Kurdistan region.

Both sides discussed the political and economic developments on the Iraqi scene, as well as the security situation following the US forces withdrawal.

whooooooo hooooooooooo i found some of that non exsisting money hehehehee anyone find the other 90% ??

Edited February 7, 2012 by jeepguy

[Shick]

Thanks Alex, good read prayerfully it is true. Go RV Go!

[Blu Collar Guru]

HMMMMMMMMM................ INTERESTING THEORY TO SAY THE LEAST................ THANKS FOR SHARING...................

[smee2]

Very interesting perspective. Not sure I quite agree, but then I am not good with this kind of conjecture. But still, a very interesting read. Thanks for posting!

smee2

[Butifldrm]

Well , when Greece loans them more money, (Iraq already owes them), I am buying more Dinar!

Great post! Bondlady's Corner and Alex. I love it.

[RodandStaff]

My brain has turned to mush lately Alex, but thanks for the posting this find.... what you found seems plausible.. let's hope they are right! Come on boyz... really... git-r-dun!!!!

GO RV Already Baby!!!

YEAH!!!... we got our plus's back.. and our neg's.... better beware you negative minded folks... there's a new sheriff in town, and I hear he'w a plus slinger!

[speculatorsRIDE]

Things that make you go huh! This does it.

[Joe P]

Do you really believe that the IMF is smart enough to work Italy and Europe against Iraq? I don't think so.

Really? That's what you gathered from the post? Perhaps you should re-read it. They are working together.

[pokerplayer]

The writing style is very unique and familiar. Bumper ? That you ? lol j/k, having a little fun with Bump. While I think he is smart enough to have written, he is way to busy and doe's not have time.

Thxs Alex, +1 for snagging that for us.

pp

[DEESEAN]

Alex thanks for bringing this over. Those sneaky little IMF people i tell you what. It seems like the whole world is playing these games just to get i rise out of us here at DV.. Bunch of jerks, just RV already.

Hey Sgt remember i told you that Thursday is not good for me, lets push the RV till saturday

[RRSport]

Don't usually respond to rumors anymore, but WTH.

Anyone with just a little sense and the ability to do some simple

research will clearly know that the IMF runs the entire world.

To deny that is to live at your own peril.

http://youtu.be/BNx642Tj9cc

Edited February 8, 2012 by RRSport

[few24u]

Now thats giving your tithe - 10% !

Aloha ke Akua!

[zul]

Some interesting info on Italy...

My link

Italy is Europe's third biggest economy and the world's third biggest sovereign borrower. It's public debt stands at €1.9trillion (£1.6 trillion) - around five times the size of Greece's.

The Italian banks: The IMF estimates that Italian banks need €40bn in new capital in the short term.

Edited February 8, 2012 by zul

[Dysan23]

Interesting post...

I say we help out umbertino and invest in organized crime in Italy. He will be the ring leader and we will be the investors. I'm down!! We can start our own crime family at a distance. Less chance of getting caught. We will need a family name...hmmm a name that ends in an O....

Guro crime family

Dinaro crime family

Dinarveto crime family* (liking this one)

This will be our security blanket in case this investment takes years to develop. I've always wanted to be a bad guy, but don't want to be behind bars. I'm afraid of big guys with tattoos names Blutto or Brutus...

[graciepoo]

why does it say bondladys corner...i know she didnt write this

[newcastle]

You have to love how poorly these "articles" are writen, it jumps from 500 million to 500 billion back to 500 million, what a joke.

[Dysan23]

You have to love how poorly these "articles" are writen, it jumps from 500 million to 500 billion back to 500 million, what a joke.

I do that too.. I have 1 dollar and I will tell myself I have 100 dollars to make myself feel more wealthy. Now that I'm invested in dinars, I tell people i'm a millionaire. They never ask what country i'm a millionaire in:-) and I never offer the truth. Million is a million... who cares where it is from!!! *i'm sticking with that tiny little fib!!