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Satchu's Rich Wrap-Up
 
 
Friday 18th of September 2020
 



MPC had been briefed “on the Bank of England’s plans to explore how a negative Bank Rate could be implemented effectively, should the outlook for inflation and output warrant it at some point during this period of low equilibrium rates.”
World Of Finance

The BoE said the Monetary Policy Committee had been briefed “on the Bank of England’s plans to explore how a negative Bank Rate could be implemented effectively, should the outlook for inflation and output warrant it at some point during this period of low equilibrium rates.”

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Zero rates through 2023 is not an expression of strength. It's an admission how fragile the entire construct is. @NorthmanTrader
World Of Finance

The BOE is discussing neg. rates, the ECB remains deep in negative territory & the Fed at 0 for 4 years.

None could even raise a 1/4 pt or everything would collapse.

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The Three Witches
Africa


First Witch

When shall we three meet again? 

In thunder, lightning, or in rain? 

Second Witch

When the hurly-burly’s done, 

When the battle’s lost and won. 

Third Witch

That will be ere the set of sun. 

First Witch

Where the place? 

Second Witch

Upon the heath. 

Third Witch

There to meet with Macbeth.

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O rosebud of my longing, your palms adorned with henna #Ghalib @FarooqiMehr
Africa


Ay ghunchah-e tamanna ya‘nī kaf-e nigārīn

Dil dē to ham batā den muthī men tērī kyā hai

O rosebud of my longing, your palms adorned with henna,

If you give back my heart, I will tell you,

What you hold in your fist

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No one knows the inner self of another person; #Ghalib @FarooqiMehr
Misc.


Koi agah nahin batin-e ham digar se

Hai har ek fard jahan men varaq-e nakhvandah

No one knows the inner self of another person; 

Every individual in the world is an unread page

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Djinns [The Quran says that the Djinn are made of a smokeless and "scorching fire", They are usually invisible to humans, but humans do appear clearly to Djinn, as they can possess them]
Africa



Djinns [The Quran says that the Djinn are made of a smokeless and "scorching fire", They are usually invisible to humans, but humans do appear clearly to Djinn, as they can possess them. DJinn have the power to travel large distances at extreme speeds and are thought to live in remote areas - so now You Know]

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The jinn are ambivalent beings capable of good and evil. Some however are forces of chaos with the power to wreak havoc. One such jinn is the Red Wind, Al Ahmar A thread on the Jinn King of Mars @aaolomi
Africa


The jinn are ambivalent beings capable of good and evil. Some however are forces of chaos with the power to wreak havoc. One such jinn is the Red Wind, Al Ahmar who brings plagues, leads magical armies, and grants untold power. 

A thread on the Jinn King of Mars

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Al Ahmar is a force of great chaos, though technically part of the ordered hierarchy of angels and jinn @aaolomi
Africa


Al Ahmar is a force of great chaos, though technically part of the ordered hierarchy of angels and jinn, he has simultaneously fought against the wicked jinn alongside the angels and led the armies of Iblis’ shaiytan against humans. 

His realm is Marrikh or Mars

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He relishes in chaos and war and will switch sides so long as he can fight. @aaolomi
Africa

He is considered the most unreliable of the kings. It is said that in the end of days, he will fight alongside the forces of the devil, but for now remains in the ordered kingdoms of the jinn sultans.

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His lieutenant Suhil or Sughil is said to appear as a chaotic wind that tears things apart swiftly then vanishes. @aaolomi
Africa


The planetary spirit linked to him is Semey’il and Al Buni says the angel watching over him is Shamsama’il

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Because of his chaotic presence, Al Ahmar is invoked with a series of intense bindings. @aaolomi
Africa


He must be constrained by the angel of Mars, another higher ranked angel, two Name of God, and a secret letter interlocked together while intoned over and over again in a meditative state.

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This type of plague is caused by “ta’n” or poisoned arrows slung by the jinn causing fevers and overheating of the body. @aaolomi
Africa



These types of illnesses were usually respiratory and blood oriented.

The role of Al Ahmar in such diseases is linked to times of the day. He’s said to be his most dangerous at high noon, while at nighttime he becomes more of a stalking force.

While a deeply chaotic force he is not inherently evil, simply dangerous like fire—it can serve a purpose or rage.


Many of the stories of Al Ahmar are important points of consideration. 

The names of the angels and spirits associated with him hint to perhaps a cross-cultural intellectual exchange given the etymological connection with the Jewish Samael.


Fire and heat’s connection with the plague gesture to the medical theories of the Islamic world while other stories particularly detailing his relationships are likely astrological in nature.

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Never-neverland: Taiwan has had only 7 deaths/500 cases during the pandemic, a new export record last month and stock market record high yesterday. Today its central bank *raised* its growth target for this year to 1.6% @heguisen
Africa

Never-neverland: Taiwan has had only 7 deaths/500 cases during the pandemic, a new export record last month and stock market record high yesterday. Today its central bank *raised* its growth target for this year to 1.6% in a year of global recession.

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“It’s not just about who’s dying right now. The health impacts accumulate over time.” @_HannahRitchie @newscientist
Misc.


Experts say the pandemic’s effect on mortality will be long lasting. “The health impacts will carry on much longer, possibly years down the line,” says  @_HannahRitchie

“It’s not just about who’s dying right now. The health impacts accumulate over time.”

Conclusions

This is a Point that is lost in CFR debate 

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Currency Markets at a Glance WSJ
World Currencies


Euro 1.1841

Dollar Index 92.863

Japan Yen 104.56

Swiss Franc 0.9084

Pound 1.2968

Aussie 0.7314

India Rupee 73.444

South Korea Won 1160.89

Brazil Real 5.2399

Egypt Pound 15.7611

South Africa Rand 16.158

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South Sudan President Fires Finance Minister Amid Looming Economic Meltdown @VOANews
Africa



WASHINGTON - South Sudan President Salva Kiir Mayardit fired longtime Finance Minister Salvatore Garang Mabiordit Wol in an executive order read on national television Wednesday.

Mabiordit is the eighth finance minister dismissed by Kiir since 2011. The country’s new finance minister is Athian Diing Athian.

Kiir also fired Erjok Bullen, acting commissioner of the National Revenue Authority, and Chol Deng Thon Abel, head of the Nile Petroleum Corporation, or Nilepet, the country’s institution overseeing oil production.

Jok Madut Jok, co-founder and former director of the Juba-based Sudd Institute, said changing ministers will not solve the country’s economic crisis.

"But it is not just about changing faces," he said. “It is particularly about building institutions of the nation. If it were a nation where institutions count, there is no way we can be convinced if so-and-so steals money. And yet at the end of the day, they walk away with their misdeeds and mistakes."

No paychecks since April

Mabiordit said last week his ministry did not have the money to pay government workers who have been waiting for paychecks since April. 

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by Aly Khan Satchu (www.rich.co.ke)
 
 
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September 2020
 
 
 
 
 
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