” The Office of Poofness “
The Year of the Water Rabbit
At the start of each year, people of many cultures look forward to the new Chinese zodiac designation and its meanings. The Chinese zodiac specifies one of 12 animals in the 12-month lunar calendar. Each animal’s or sign’s characteristics are attributed to the new year and the people born under that sign. Complementary elements, such as this year’s water, also affect the zodiac predictions.
In the Chinese horoscope, 2023 is the Year of the Rabbit or, more specifically, the Year of the Water Rabbit. The rabbit is believed to be the luckiest of the 12 animals to be born under and considered a gentle animal that thinks before acting. The Year of the Rabbit represents peaceful and patient energy. The water element suggests tapping into inner wisdom and trusting instincts. Together, the Water Rabbit indicates focusing on relationships, diplomacy, and building bridges in professional and personal relationships. Those born in years associated with the Rabbit, specifically 1939, 1951, 1963, 1975, 1987, 1999, 2011, and 2023, should have good fortune, patience, and prosperity in 2023, according to one Chinese horoscope.
In the Korean horoscope, the rabbit symbolizes clever, fertile and prosperous attributes, which are good luck for those thinking about adding to their families.
The news is positive out in the Near Ending Rumor Land…Wouldn’t that be wonderful !!!! We will see !!!
IT IS TRULY AN INTERESTING TIME IN THIS MOVIE AS THE PLOT UNRAVELS AND THE TRUTH IS EXPOSED.
IN THE MEANTIME, GROCERIES ARE RISING IN PRICE ALMOST EVERY DAY. HOMELESSNESS IS RAMPANT AS JOBS ARE BEING DESTROYED IN ALL ESSENTIAL SECTORS, AND BANKS ARE FORECLOSING IN UNPRECEDENTED NUMBERS. REMINDS ONE OF THE GREAT DEPRESSION, AND HOW BANKS PLANNED OUT THE FORECLOSURE PLAN TO GET RICHER AT THE EXPENSE OF THE HARDWORKING. THIS TIME, THEY ARE USING MEDICAL TYRANNY TO ACCOMPLISH THE SAME THING.
SO IT IS CRITICAL FOR HUMANITY TO REBUILD FOOD PRODUCTION AND FIX THE SUPPLY CHAINS. NATURAL RESOURCES SHOULD BE PROCESSED INTO GOODS WITHIN EACH COUNTRY INSTEAD OF BEING FARMED OUT THUS TAKING AWAY FROM THE LOCAL ECONOMY. THESE SIMPLE STEPS WILL GO A LONG WAY INTO REBUILDING WHAT WAS DESTROYED, OR IN THE PROCESS OF BEING DESTROYED.
THE PROJECT SIDE IS CRITICALLY IMPORTANT TO BEGIN IN THESE TIMES, AND IT IS UP TO US TO FLOW IN THAT DIRECTION. I HAVE LONG SUPPORTED THE BASE FOUNDATION OF COMMUNITIES THAT ARE MUCH MORE SELF SUFFICIENT AND SUSTAINABLE THAN WHAT THEY ARE AT THE MOMENT, AND THIS BUSINESS MODEL IS MORE VALID THAN EVER BEFORE.
THIS NEW YEAR WILL BE REMARKABLE AS THIS DIRECTION BECOMES THE PATH THAT MANY WILL GO DOWN ON, AND THIS WILL MAKE ALL THE DIFFERENCE IN THE WORLD. THE POLITICS OF ANY GIVEN GEOGRAPHIC REGION WILL CHANGE WITH THE EXPOSURES OF CORRUPTION, BUT THAT WILL NOT AFFECT THE REBUILDING OF THE COMMUNITIES, OR AT LEAST IT SHOULD NOT.
THE MEDICAL TYRANNY MAY TRY TO AFFECT THESE EFFORTS THROUGH MORE LOCKDOWNS AND OTHER DRACONIAN MEASURES, BUT IT MAY BE THAT ALL PEOPLE WILL SEE THROUGH THIS TYPE OF CORRUPTION AND JUST SAY NO AND KEEP TO THE RECONSTRUCTION WORK. TIME WILL TELL.
MEANWHILE, STAY SAFE AND KEEP YOUR STOCKS OF DRY FOOD UP THERE. BE SURE YOU HAVE A SUPPLY OF WATER AS THAT HAS THE POTENTIAL OF UNDERMINING MANY AN EFFORT. WE HAVE ALL HEARD OF WATER WARS, AND THAT IS A REAL POTENTIAL WITH ALL THE CLIMATE TURBULENCE. ONE REALLY GOOD BACKSTOP ARE ATMOSPHERIC DISTILLERS THAT CAN PRODUCE FROM A FEW GALLONS OF POTABLE WATER PER DAY, TO MANY HUNDREDS OR THOUSANDS OF GALLONS DEPENDING ON THE MODEL CHOSEN.
BE WELL AND BE READY FOR MANY MORE CHANGES TO COME AS THE PROJECT SIDE GEARS UP FOR THE WORK AHEAD OF US ALL.
LOVE AND LIGHT
IN OUR SERVICE
“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
JANUARY 22, 2023
“MAKE EARTH GREAT AGAIN”©
COPYRIGHT ZAP 2013-2023
DID YOU KNOW ??
We see a lot of chatter and reference to the Basel Accords with respect to banks having to be Basel IV (also referred to as Basel 3.1) compliant in order for the GCR to go through. But what exactly does that mean? How is it relevant for a GCR to implement? Has it been Implemented and when?
First a brief history and statistics. In 1974 The Basel Committee on Banking Supervision (BCBS) was formed. It brought together central banks and bank regulators around the world to formulate rules for more effective international bank supervision. There are currently 45 members from 28 countries that make up the BCBS. ( All BRICS nations sit on the BCBS) members are The BCBS basically works for the Bank of International Settlements (BIS). The BIS is owned by 63 central banks that control 95% of the global GDP (there are 200 plus central banks globally) .
Basel IV is the latest in a series of accords intended to bring greater stabilization and stability to the worldwide banking systems. It began in 1988 with Basel 1, requiring banks to hold 8% of their risk to weighted assets or RWA (which is a ratio of how much they can loan out compared to how much assets they have to hold to do the loans) by the end of 1992 . Adjustments were made to that framework and introduced in 2004 with Basel II which required the banks to maintain a reserve of 8% but at least half of that (4%) had to be Tier 1 capital ( like gold). After the worldwide financial crisis of 2007-2008 showed the risk-mitigation measure of Basels 1 and II to be inadequate, the Committee started work on Basel III , which began in 2009 and was originally scheduled to begin implementation by a target date of 2015. The target date was pushed to Jan 1st 2022 and then pushed to Jan 1st 2023. According to the BIS website Basel IV (3.1) is currently active (except for the production base, which is phased and will only take full effect on Jan 1st, 2027)
Among other changes , Basel III increased the Tier 1 capital requirements from 4% to 6% raising the total capital requirements to as much as 13%. Basel III emphasized that these Tier 1 capital requirements should be kept in gold. Basel IV is the final reform of Basel III.
Of the 45 members from 28 countries that make up the BCBS, Vietnam, Zimbabwe and Iraq are not among them or represented (Indonesia is a committee member) And these are the main currencies of value in the GCR. If these countries want their currencies to be accepted and mingle with global banking ( Which controls 95% of the global banking system) they must adopt the Basel Accords. Understand that adapting the Basel Accords is voluntary and once adopted, must follow the criteria laid out in the accord.
Vietnam has proactively piloted Basel III and Basel IV. Zimbabwe adopted Basel 1 in 1995, Basel II in 2021 and Basel III in 2019 but are muddling through achieving compliance. Most of the private banks in Iraq are not interested in complying with the risk-weighted asset (RWA) requirements in Basel III and now Basel IV. Indonesia is in, Vietnam is in, Zimbabwe is working on it but Iraq is fighting it. If the IQD is to exchange globally and co-mingle with global banking they have to adopt Basel IV (3.1) and that has not happened yet.
If you want to educate yourself go to bis.org and download the Basel Framework pdf. It’s 1879 pages and details the standards for just about every banking function.
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