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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    A former finance minister reveals the details of the dollar crisis: I was afraid, and what we feared

    Rocky
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    A former finance minister reveals the details of the dollar crisis: I was afraid, and what we feared Empty A former finance minister reveals the details of the dollar crisis: I was afraid, and what we feared

    Post by Rocky Mon 26 Dec 2022, 7:43 am

    [rtl]A former finance minister reveals the details of the dollar crisis: I was afraid, and what we feared happened[/rtl]

    policy  ,  2022/12/26 18:25  , the number of readings: 84 
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    [rtl]Baghdad-Iraq today:

    Former Finance Minister Baqir Jabr Al-Zubaidi affirmed, on Monday, that the US fiscal policy uses Iraqi and non-Iraqi treasury bonds as a pressure card when any dispute occurs with the countries that hold the bonds. 

    Al-Zubaidi said in a statement, "In 2009, as Minister of Finance, I was apprehensive when the Iraqi treasury bonds in America began to swell, and we discussed with Brother Dr. Sinan Al-Shabibi how to transfer Iraq's money to European banks ," noting that "the central bank began opening accounts for the funds of the Ministry of Finance that were in the name of the bank." The Central Bank because of the clashing debts and seizures from countries and companies that affect these funds. 

    He added, "The step succeeded, as the central bank opened accounts in several European countries, and little by little we began at the Ministry of Finance to withdraw money in anticipation of a sudden American behavior during the negotiations to withdraw American forces from Iraq, and we succeeded in transferring part of the money to Iraqi banks, and we advised the central bank to buy reserves from gold to secure Iraq's money. 

    He continued, "In an interview with the state's official channel, I asked the Iraqi people to buy gold to fortify their savings. The American ambassador and the representative of the US Treasury in Iraq came to me inquiring about withdrawals that came to bank accounts and the central bank, and we answered him that the government had taken a decision to launch a service revolution (which did not happen)." And we, as the Ministry of Finance, must be ready with funds to support this revolution.” 

    Al-Zubaidi explained that he "felt with the governor of the Central Bank that the American financial policy uses Iraqi and non-Iraqi treasury bonds as a pressure card when any dispute occurs with the bond-holding countries, and now, years after we left office, we do not know what happened in the country's financial and monetary policy, and we were surprised by the information that you are talking about that the reason for the crisis of the dollar's rise is the seizure of Iraq's funds by the US administration under the pretext of auditing.[/rtl]
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    [/rtl]

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