Jamie Dimon Warns About America’s Coming Debt Crisis

Jamie Dimon Warns About America’s Coming Debt Crisis

Notes From the Field By James Hickman (Simon Black)  June 2, 2025

Jamie Dimon is one of America’s most prominent and successful CEOs; he built JP Morgan Chase into a $4 trillion juggernaut, so it’s fair to say that he understands global finance in a way that most people-- and most politicians-- do not.

 On Friday, Dimon sat down for a 30+ minute live interview at the Reagan National Economic Forum-- named after the 40th President who constantly preached cost-cuts and responsible spending.

 Dimon opened his remarks talking about Reagan, who sounded the alarm about the national debt back in the early 1980s when America’s debt to GDP ratio was just 35%. Today it’s 122%. And with each passing year the number becomes even worse.

 Dimon warned the audience that “tectonic plates are shifting,” referring to America’s status as the dominant superpower in the world-- which is rapidly slipping.

 “The amount of mismanagement is extraordinary,” he said. America has added $10 trillion to the national debt in just five years… and for what benefit? Is the country $10 trillion better off? Did any of that $10 trillion improve the lives of anyone who isn’t in Washington DC?

 But all of that debt is quickly reaching a point where it will become nearly impossible to service. Just covering the interest payments on the national debt now costs taxpayers more than $1 trillion per year. And if the current trend on rates and deficit spending hold, it will reach $2 trillion per year by 2028.

(He joked that the government spending is worse than the proverbial “drunken sailor,” because at least a drunken sailor spends his own money.)

 As a result of this insane level of debt and spending, Dimon warned, “you are going to see a crack in the bond market. It’s going to happen.”

 What he means is that US government bonds have long been considered the global “risk-free” asset… and whenever the Treasury Department would sell more bonds, investors would dutifully buy as much debt as the government was selling.

 But that’s no longer the case. “Bond vigilantes are back”, Dimon agreed, and investors are now shunning US government securities.

 This is going to cause a major problem for the United States; running such huge deficits year after year means the Treasury Department NEEDS lenders, it NEEDS investors to buy US government bonds.

 If investors pull back, the natural consequence will be MUCH higher Treasury yields and interest rates, resulting in a full-blown fiscal crisis in the United States… including major inflation.

 “The future- what I see-- is inflationary,” Dimon predicted. “I don’t know if the crisis will be in six months or six years, [but] I’m hoping that we change. . . the trajectory of the debt” before that crisis occurs.

 It was a pretty blunt warning to a room full of policymakers-- which included several officials from the Federal Reserve and the Trump administration.

 Dimon is absolutely right, of course. Peter and I have been talking about this same debt crisis for years, and it’s only become worse.

 For someone of Dimon’s gravitas to sound the alarm bells is a big deal-- and he echos Warren Buffett’s most recent annual letter which similarly admonishes the federal government to get its fiscal act together.

 Sadly, it doesn’t appear that the government is listening.

 On Sunday, Treasury Secretary Scott Bessent dismissed Dimon’s warnings and claimed, rather bizarrely, that “the deficit this year is going to be lower than the deficit last year, and in two years it will be lower again.”

 That statement is just patently false.

 In Fiscal Year 2024, the $1.8 trillion deficit constituted 6.4% of GDP. This year’s deficit hit $1.3 trillion just in the first SIX MONTHS! Let’s be kind and assume that the annual deficit this year will be ‘only’ $2.0 trillion, or 6.6% of GDP -- that would amount to a higher deficit on both a nominal and relative basis.

 Plus, the “One Big Beautiful Bill” will add quite a bit more to the deficit. Don’t get me wrong-- tax cuts are great. But spending cuts are even more critical right now… and this bill is extremely deficient in that department.

 Senator Rand Paul confirmed this later and said (of Bessent’s comments), “the math doesn’t really add up” and that the administration’s current spending plan is to have a total deficit of “five trillion over [the next] two years”.

 Any way you slice it; the deficit is increasing… not decreasing.

 Elon Musk lamented this as well, saying that he was “disappointed” by how the spending/tax bill increases the deficit.

 There do seem to be a handful of Senators willing to take a stand and demand bigger spending cuts. We’ll see how that pans out. But it’s clear that the majority of politicians don’t have a care in the world about the deficit.

 They almost have a sense of entitlement in assuming that investors from around the world will continue buying US government bonds no matter how precarious America’s fiscal situation becomes.

 Jamie Dimon closed his remarks talking companies in the private sector who had a similar sense of entitlement-- Kmart, Sears, Blackberry, Nokia, etc. all had tremendous “arrogance, greed, complacency, bureaucracy.”

 They all assumed their greatness and success would last forever. But that’s a horrible assumption. Greatness and success have to be earned every day, year after year.

 The US government has been doing the opposite for far too long; rather than earning success and greatness, they find unique ways to cripple themselves and make things worse.

 Dimon rightfully pointed out that the ship can still be turned around. And it can. But it certainly makes sense to have a Plan B in case they don’t. These risks are very real, and it’s sensible to take them seriously.

 To your freedom,  James Hickman   Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/jamie-dimon-warns-about-americas-coming-debt-crisis-152892/?inf_contact_key=10f9bd3e707d2d9c6e43487e62db53cbf2dd6ac02ffa012fb72df8aa66cf6bc6

Economist’s “News and Views” 6-2-2025

Gold's Ultimate Safe-Haven Status Becomes Obvious

Mike Maloney & Alan Hibbard:  6-2-2025

The gold price is currently $3373, the silver price is now $34.24 Are we witnessing the final—and most explosive—stage of the gold bull market?

In this powerful episode, Mike Maloney and Alan Hibbard expose the seismic shift happening in global finance. As the dollar, stocks, and bonds falter simultaneously—a rare phenomenon last seen in the 1970s—gold is surging to new heights.

 They dive into data, charts, and historical comparisons that show why gold is reclaiming its throne as the world’s ultimate safe-haven asset.

Discover:

Why investors worldwide are abandoning fiat currencies

How today’s economic chaos mirrors the 1970s gold explosion

 Four solid reasons to own gold NOW

How central bank demand is building a rising floor under gold prices

Plus, get Mike’s take on tariffs, trade wars, and why these policies might plunge us into stagflation or worse.

https://www.youtube.com/watch?v=KHZElfJYWYA

$100 Billion ‘Ghost Field’ Discovery Could Power America for 30,000 Years

It has the potential to drive down energy cost here in the United States and rebuild manufacturing,” says financial journalist and research economist Garrett Baldwin.

In an eye-opening interview with Daniela Cambone, Baldwin reveals a groundbreaking energy development powered by Enhanced Geothermal Systems (EGS), a technology with the power to transform the U.S. energy grid.

According to Baldwin, unlike solar and wind, EGS taps into the Earth's virtually unlimited heat, providing 24/7, clean, base-load power—and it’s already happening on U.S. public land.

 “I looked at this story out in Utah… I’d never seen anything like it before.”

https://www.youtube.com/watch?v=BA5LWeLqkBs

They Just Revealed Their Plan to Deal with the Debt Crisis

Heresy Financial:  6-2-2025

TIMECODES

00:00 The Promise of Fiscal Change (and the Disappointment)

 00:28 The Debt Is Growing—Here’s the Real Plan

01:35 The 4 Ways a Country Deals with Debt

01:46 Option 1: Inflation (And Its Dangers)

 02:48 Option 2: Austerity Explained

03:45 Can the U.S. Really Cut Back?

 05:19 Option 3: Default (Why It Won’t Happen)

06:43 Option 4: Growth (The Current Strategy)

07:41 Does Tax Cuts = Economic Growth?

 08:58 Growth Needs More Than Just Tax Cuts

09:42 Deregulation, Innovation & Government Interference

11:02 The Hidden Cost: Inflation Still Hits Hard

11:51 How to Prepare for What’s Coming (Black Swan CTA)

12:04 Final Thoughts

https://www.youtube.com/watch?v=ENhQtnz-BN0

Final Bull Leg Underway Before Market Collapses in Global Bust

Final Bull Leg Underway Before Market Collapses in Global Bust

Commodity Culture:   6-2-2025

David Hunter, renowned strategist and market forecaster, recently joined Jesse Day on Commodity Culture for a compelling discussion about the current state of the global economy and what lies ahead.

While many analysts are already bracing for a downturn, Hunter’s perspective offers a more nuanced, albeit ultimately dire, outlook: he believes we’re headed for one last, significant leg up in the broad market before experiencing a global bust of unparalleled magnitude.

In the interview, Hunter articulated his belief that the market still has room to run on the upside. He cited factors such as persistent liquidity in the system and lingering inflationary pressures as fuel for a final surge. However, he cautioned that this bullish phase is merely a prelude to something far more devastating.

Hunter attributes this impending collapse to a confluence of factors: unprecedented levels of global debt, reckless monetary policies, and a distorted financial system.

He believes that when the inevitable turning point arrives, the resulting deleveraging and economic contraction will shake the foundations of the global economy.

Given his bleak outlook, Hunter also discussed potential strategies for protecting wealth during the anticipated market crash. He emphasized the importance of diversifying assets and considering alternative investments that are less correlated with the broader market.

David Hunter’s forecast presents a sobering perspective on the future of the global economy. While acknowledging the potential for a final market rally, he underscores the urgent need for investors to prepare for an unprecedented economic collapse. By understanding the potential risks and strategically repositioning assets, investors can navigate the coming storm and potentially protect their wealth during one of the most challenging economic periods in history.

The key takeaway? Prepare now, because the window of opportunity may be closing.

https://youtu.be/3hPqJ6D8R4w

News, Rumors and Opinions Monday 6-2-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 2 June 2025

Compiled Mon. 2 June 2025 12:01 am EST by Judy Byington

Sun. 1 June 2025: THE FINAL STRESS TESTS ARE COMPLETE — QFS GOES GLOBAL NEXT …Ben Fulford on Telegram

Over the last 72 hours, I’ve received confirmation from 3 separate banking insiders: all systems tied to the new sovereign QFS network passed their final validation protocols.

• Biometric access nodes were stress-tested at 10,000+ concurrent logins
• Real-time cross-border test transfers completed in under 1.8 seconds
• Regional nodes across 12 countries returned 100% success rates under military oversight

This isn’t theoretical anymore. It’s done. The tech works. The funding is mapped. The codes are locked.

The reason they’ve delayed the public rollout until July 4? Coordination. Security. Timing. You don’t turn on the new financial system mid-chaos — you wait until every actor is boxed in, every backdoor closed.

The military is now watching every central bank channel. They’ve seized key data centers in Switzerland and Singapore.

This is a controlled ignition — and it’s going to change the planet.

Get ready.

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Sun. 1 June 2025 Forest Gorillas on X: https://x.com/forestgorillas/status/1929207284632031366?s=46&t=lgh4YJTE-Tf8EbYrH8a69g

The substantial transactional volume confirms the revaluation process moved beyond technical staging on May 30 into active economic execution.

The $4.8101 international rate on the Iraqi Dinar is both supported and enforced by real liquidity flows and market positioning, making it the de facto exchange value pending public retail FX-VU.

Retail market exposure on FOREX platforms is the remaining step to complete public validation, forecasted for Monday, June 2, 2025, at market open.

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Sun. 1 June 2025 Wolverine:

The Pentecostal Group started the process on Fri. 30 May as promised. They are scheduled to be paid on Wed. 4 June 2025.

On Sat. 31 May trigger groups were expected to come out, but evidently it has been moved till the 4th of June. A lot of people are now saying the 4th of June to the 9th June that funds are going to get released.

I have also spoken to an owner of a platform and he told me that he can’t say anything at the moment and he told me to have faith in him as everything is looking excellent and that any day those funds will be released on that platform.

TNT is saying the likely scenario is tonight FOREX is supposed to load the rate again tonight and we could go to the bank tomorrow. Worst case is FOREX loads Sunday upon FOREX reopening and we’re in the bank on Monday. They sound very confident and I pray that they are right.

Now there are people criticizing gurus that we are doing an injustice to people by creating hopium which is completely false. Everyone is trying to do something to help us go through and we are not in the business in creating false information just to make you feel good which at the end all it does is hurt people .Please respect everyone that is trying to help.

I’m praying a lot and having faith that any day we will be shouting “FREEDOM “ God bless you all. Your friend and servant. Wolverine

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Sun. 1 June 2025: BREAKING – THE GOLD IS GONE. TRUMP KNEW. THEY SILENCED HIM. …Nesara Gesara 2.0

In early 2025, Trump announced a full audit of Fort Knox. Then he vanished. Musk backed him. He vanished too. No audit. No press. No gold. The most secure vault on Earth — and not one shred of proof the gold exists.

Fort Knox hasn’t had a public audit since 1974. Not a single full inventory. No third-party review. Just blind national faith.

In February 2025, Trump swore to reveal the truth. Days later: total blackout. Musk, who called for live streamed cameras, went silent. Coordinated censorship. What did they see?

147 million ounces of gold? Only on paper. No proof. No footage. No evidence. Just digits. Meanwhile, Senator Mike Lee, cleared for nuclear sites, was denied entry into Fort Knox. Let that sink in.

Rand Paul demanded an independent audit. They laughed. They mocked. But they didn’t say, “Here’s the gold.” Because they couldn’t.

In 1933, FDR seized private gold. Promised safety. Shipped it to Fort Knox. Never seen again.

Then in 1971, Nixon severed the dollar from gold, turning Fort Knox from treasure vault to propoganda prop. Since then? Just symbols. Not substance.

Insiders whisper: bars filled with tungsten. Looks real. Worthless inside. No bar has ever been drilled. No true test. If even one bar is fake, the dollar is a lie.

Trump said, “If the gold isn’t there, we’ll be very upset.” Then silence. Not casual silence — classified silence. Same with Musk. Proposed a broadcast. Then disappeared. No tweet. No post. Nothing. This wasn’t retreat. This was suppression.

In 2012, Germany requested its gold back from the U.S. It took 7 years. Discrepancies reported. If we couldn’t return their gold, do we even have ours?

Every annual “audit” is run by insiders. No press. No public. No footage. No witnesses. That’s not an audit — that’s a cover-up.

This isn’t about gold. This is about control. This is about a financial illusion propped up by secrecy, deception, and steel doors. Fort Knox is not a vault. It’s a prison for the truth.

Trump tried to finish the mission. Now it’s OUR TURN. DEMAND THE AUDIT. DEMAND THE TRUTH. Because if the vault is empty — so is America’s future.

Read full post here:  https://dinarchronicles.com/2025/06/02/restored-republic-via-a-gcr-update-as-of-june-2-2025/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat   We know about what the TRUE rate of the dinar should currently be based on its assets. The IMF is going to a strict asset-based evaluation of currency values. This is a Basel requirement. So, what has been preventing this revaluation to the TRUE rate of the dinar?  ...it was mostly the AML [Anti-Money Laundering] issue...i.e. banking reforms... efforts were put on warp speed to complete the AML reforms as acceleration began in early January 2023...   [Post 1 of 2....stay tuned]

Mnt Goat  ...we now get a sense of a real change...a sound transition away from those sanctioned days of Iraq since 1990’s. It is a new Iraq and it is here now...So, it puzzles me as to why the currency also does not NOW reflect this change. But I assure you it will, and it won’t be long until it does...The AML efforts is sprouting great benefits to Iraq and allowing them to move ahead quickly now.  [Post 2 of 2]

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FRANK26….ALOHA….6-1-25…INTEL?

6-1-2025

https://www.youtube.com/watch?v=rFmn8Os6nis

Seeds of Wisdom RV and Economic Updates Monday Morning 6-2-25

Good Morning Dinar Recaps,

Stablecoin Market Capitalization Surpasses $250 Billion Amid Accelerating Regulatory Momentum

The stablecoin market has officially crossed the $250 billion milestone, marking a pivotal moment in the evolution of crypto-finance. Analysts attribute this surge to a combination of regulatory clarity and growing adoption of decentralized finance (DeFi) applications.

“Crossing $250 billion marks a turning point,” said Hank Huang, CEO of Kronos Research. “Stablecoins are no longer experimental, they’re essential.”

According to CoinGecko, the total stablecoin market cap currently stands at $250.3 billion, with $245.5 billion of that backed by U.S. dollar-pegged stablecoins. Among these, Tether’s USDT leads with over $153 billion in market cap, followed by Circle’s USDC at $60.9 billion.

What’s Fueling Stablecoin Growth?

Two primary forces are behind this momentum: regulatory progress and the rapid expansion of DeFi.

The GENIUS Act—short for Guiding and Establishing National Innovation for U.S. Stablecoins Act—recently advanced in the U.S. Senate with backing from President Donald Trump. This legislation aims to provide a clear legal framework for dollar-pegged stablecoins, requiring:

• Full reserves backed by U.S. dollars or highly liquid assets

• Annual audits for issuers with more than $50 billion in market cap

• Oversight and inclusion of foreign issuers

Shortly after, Hong Kong passed its own stablecoin bill on May 21, introducing a licensing regime for fiat-backed stablecoin issuers seeking regional access.

This global regulatory clarity has opened the door for traditional finance (TradFi) institutions to join the stablecoin space. A group involving JPMorgan, Bank of America, CitiGroup, and Wells Fargo is reportedly in discussions to launch a joint stablecoin project.

DeFi’s Role in the Rise of Stablecoins

Meanwhile, the DeFi sector has continued its ascent since 2024, thanks to the growing appeal of DEXs, cross-chain trading, staking, and other applications. According to DefiLlama, DeFi currently holds over $113.17 billion in Total Value Locked (TVL).

Just last month, DEXs captured 25% of all global spot trade volume, a record share compared to centralized exchanges. This is a “clear paradigm shift from centralized to decentralized,” said Hashed CEO Simon Kim.

What Lies Ahead for Stablecoins?

Looking forward, Kronos Research CEO Huang believes the stablecoin market could double in size by 2026. The issuer landscape may soon expand beyond USDT and USDC, making room for Trump-aligned USD1 and potential bank-issued tokens.

The path ahead is shaping up to be one of innovation, mainstream integration, and regulatory legitimacy, setting the stage for stablecoins to play a foundational role in the next chapter of the global financial system.

@ Newshounds News™
Source:  The Block

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What Happens If BRICS Currency Succeeds?

The BRICS alliance is preparing to launch a new currency in an effort to shift away from the US dollar-dominated financial system. As emerging economies adopt a more self-first stance—much like Trump’s "America First" policy—they are placing their own currencies and economic priorities ahead of global dependency on Western financial structures.

These nations are growing increasingly skeptical of the recklessness of US foreign policy, and a successful BRICS currency could become the ultimate act of economic self-determination.

Here’s What Will Happen If BRICS Currency Becomes a Success

If a BRICS-backed currency launches and gains global acceptance, the financial world we know today could be relegated to history. While the US dollar would not go down without a fight, a coordinated effort by developing nations to abandon it could leave the White House and the Federal Reserve with few options—either comply with a new economic order or risk global irrelevance.

A multipolar world would likely emerge, led by an alternative financial ecosystem distinct from the IMF, SWIFT, and other Western-controlled institutions. Countries historically sanctioned by the US could find new lifelines in trade, leading to economic revival and political realignment.

Consequences for the US Dollar

Should the BRICS currency succeed, the US dollar would weaken, particularly in the foreign exchange (forex) markets. A weaker USD would likely fuel domestic inflation, as the Federal Reserve struggles to export demand for the dollar abroad. Moreover, the US government’s leverage to impose economic sanctions would diminish dramatically, eroding its global influence over trade and finance.

In essence, the rise of a BRICS currency would signal the decline of dollar hegemony and the beginning of a new era in global economics.

@ Newshounds News™
Source:  Watcher.Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

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Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

“Tidbits From TNT” Monday Morning 6-2-2025

TNT:

Tishwash:  Minister of Finance Discusses Support for Development Projects in Iraq with World Bank

Minister of Finance Taif Sami discussed with the World Bank Representative to Iraq on Sunday enhancing cooperation to support development projects.

The ministry said in a statement received by the Iraqi News Agency (INA): "Minister of Finance Taif Sami Mohammed received the World Bank Representative to Iraq and his accompanying delegation to discuss plans to enhance cooperation to support development projects by leveraging the technical and financial support provided by the Bank in implementing strategic projects to stimulate economic growth, especially in the areas of infrastructure and human development."

The statement added, "The two parties discussed developing the private sector and encouraging investment as the primary driver of sustainable economic growth, in addition to the need to support financial reforms to achieve stability and growth."

The statement explained that "the Bank Representative expressed his commitment to continuing to support Iraq in achieving its development goals and enhancing its ability to confront economic and development challenges."  link

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Tishwash:  Japanese Ambassador: We seek to support the investment environment in Iraq and attract international companies

Japanese Ambassador to Iraq, Akira Endo, announced on Monday that more than $21 billion has been allocated to support economic cooperation projects in Iraq since 2003, stressing his country's continued efforts to support the investment environment in Iraq and attract international companies.

 In a speech during the signing of an agreement between the Iraq Development Fund and the Japan Cooperation Center, attended by an Iraqi News Agency (INA) correspondent, the Japanese Ambassador to Iraq said: "Since 2003, the Japanese government has implemented economic cooperation projects in Iraq totaling more than $21 billion. Japan has become the largest donor of aid to Iraq in recent years, primarily through Japanese yen loans for infrastructure development in various fields such as electricity, water, sanitation, and oil."

The ambassador emphasized that "Japan has consistently provided assistance alongside the Iraqi people to support their efforts in building the country," adding, "In order to further develop economic relations between Japan and Iraq, we look forward to Iraq's continued efforts to improve the investment environment, including strengthening the implementation of relevant laws and regulations, and continuing to enhance transparency in business practices, particularly with regard to attracting foreign companies, including Japanese companies."

He pointed out that "the JCCME has been working for more than a decade to promote trade and investment between Japan and Iraq through activities aimed at enhancing Japanese companies' understanding of Iraq, such as organizing annual Iraqi business seminars, sending delegations to key sectors in Iraq, and organizing training programs in Japan for Iraqi officials."

He continued, "On the other hand, given the priorities of the Iraq Development Fund, the six areas it identified—education, agriculture, housing, digital transformation, manufacturing and food security, and the environment—represent precisely the areas that the Iraqi government has prioritized under the leadership of Prime Minister Mohammed Shia al-Sudani. These are also areas where Japanese expertise can have a sustainable and meaningful impact on Iraq's future." He noted that "this signing is a pivotal step that comes at a critical time, as it will contribute to strengthening relations between the private sectors in Japan and Iraq by providing and exchanging information, and supporting, promoting, and coordinating the work of companies."  link

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Tishwash:  The parliamentary investment committee calls for breaking the legislative "stalemate" and passing important "accumulating" laws. 

The Parliamentary Development and Investment Committee called for breaking the legislative deadlock to pass and address dozens of important laws that have accumulated and directly impact citizens' lives. The committee emphasized the importance of fulfilling the government's commitments under the ministerial program and budget-related spending plans.

Hussein Al-Sa'bari, deputy chairman of the parliamentary Development and Investment Committee, said, "More than 140 draft laws, including new ones and amendments to existing laws, are still pending in parliamentary committees and require a vote by parliament." 

He added, "Many of these laws have been discussed by the relevant committees and are ready to be included on the agendas of the plenary sessions," noting that "these projects relate to vital aspects that impact the lives of citizens and various state sectors."

He explained that "the most prominent of these laws is the Popular Mobilization Law, in addition to projects related to higher education, the basis for granting certificates, and other legislation of a service and administrative nature ."

He pointed out that "the upcoming parliamentary sessions are of particular importance as they will determine the fate of a large number of pieces of legislation, eagerly awaited by citizens and state institutions alike." He explained that "delaying the passage of these laws could negatively impact the work of ministries and disrupt the provision of services." 

Al-Sa'bari noted that "there is an increasing number of calls for regular and intensive parliamentary sessions to ensure that the legislative deadlock that accompanied previous periods is overcome and to fulfill the government's commitments under the ministerial program and spending plans linked to the general budget."

He explained that "Parliament's legislative agenda also includes strategic laws such as the Oil and Gas Law, the Civil Service Law, and the Social Security Law, as well as laws related to administrative reform and oversight of government performance."   link

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Mot: Just Asking When 

Mot:  . Bet We ALL can Guess Who This ""Dude"" is!! -- Huh!!!   dipstick

More News, Rumors and Opinions Sunday PM 6-1-2025

KTFA:

Clare:  Under a government decision, Forex and cryptocurrency companies in Kurdistan are closed.

6/1/2025

The Kurdistan Regional Government (KRG) decided on Sunday to form a special committee within the Ministry of Interior, with the participation of relevant authorities, to shut down cryptocurrency and digital currency companies.

According to a letter issued by the Presidency of the Kurdistan Regional Government's Council of Ministers, No. 6640, dated May 27, and seen by Shafaq News Agency, the Ministry of Interior was notified, based on instructions issued by the Central Bank of Iraq, regarding the ban on dealing with electronic trading companies (forex) and digital currencies.

The Court's presidency stressed the need to take the necessary measures to form a committee with the relevant authorities to close down all companies operating in this field under various names.   LINK

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Clare:  Masour Barzani: We have begun a strategic partnership with the United States to transform Kurdistan into an energy and innovation center.

6/1/2025

The Prime Minister of the Kurdistan Regional Government and Chairman of the Board of Trustees of the American University of Kurdistan, Masrour Barzani, affirmed on Sunday evening that his recent visit to the United States marked the beginning of a new phase of strategic partnership. He also indicated that efforts will continue to secure permanent electricity in the Kurdistan Region.

Speaking at a graduation ceremony for a new batch of students at the American University in Duhok, Barzani said, "We in the Kurdistan Regional Government have embarked on a series of comprehensive reforms that are not just theoretical ideas, but have tangible and direct impacts on improving the lives of the people of Kurdistan. Through these reforms, we aim to provide a prosperous life and sustainable economic growth."

He noted that his recent visit to the United States "marked the beginning of a new phase of strategic partnership, with agreements signed with a number of leading American companies in the energy sector, which will contribute to creating quality job opportunities and stimulating the innovation and investment environment in the region."

Barzani added, "For the first time in its history, the Kurdistan Region is witnessing an economic transformation that is not solely dependent on oil, but rather based on diversifying vital sectors such as agriculture and banking services." He pointed to "important infrastructure projects, including improving the water distribution system and establishing a special fund to protect the future of future generations."

He also announced "continued work on the Ronahi project to provide sustainable electricity, in addition to launching the Hesabi initiative, the first of its kind in the region, which aims to consolidate financial inclusion through digital banking services and enhance transparency."

Regarding digital transformation and artificial intelligence, Barzani continued, saying, "Artificial intelligence and digital transformation are no longer futuristic concepts; they have become a pivotal reality. We encourage investment in innovation centers and strengthen cooperation between universities and the technology sector, and we call on our youth to engage in this global revolution."

The Prime Minister of the Kurdistan Regional Government also addressed the health sector, commending the graduation of the first batch of nursing students from the American University of Kurdistan, who received comprehensive support through scholarships.

He described them as "a promising hope for a healthier and more prosperous Kurdistan," stressing "the government's continued support for the development of advanced professional programs in this field."

Barzani also emphasized the importance of education as the foundation upon which all forms of progress are based, saying, "We are implementing radical reforms in the education sector to build a transparent and accountable education system, with a special focus on the quality of education from primary to higher education, and instilling a culture of lifelong learning."  LINK

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26    The [CBI] board of directors are all in line with what the United States of America, with what Donald J. Trump, is demanding of the CBI and Sudani.  That's why they are moving so fast...Monetary policy is moving quickly forward to remove 1310...forward to a 1 to 1 relationship.  That's why the Forex is putting the dinar in prime position.  

Walkingstick  Two years the United Nations came out and said everything they're saying today.  They were premature...The CFT (Combatting Financing Terrorism) was what brought us back to security and stability and to remove all those thieves from Iranian politicians that were using auctions through parliament.

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$7.6 Trillion Comes Due as U.S. Buyer’s Strike Hits

Taylor Kenny:  6-1-2025

Foreign nations are walking away from U.S. debt and quietly turning to gold. Experts are calling it a global “buyer strike,” and it’s sending a clear message: confidence in the U.S. dollar is cracking.

In this video, Taylor Kenney breaks down what this could mean for your retirement, your savings and why tangible assets may be the most reliable defense in uncertain times.

https://www.youtube.com/watch?v=QcGwB-kWt6Y

Turbulent Times Ahead as US Dollar Gets Ditched

Turbulent Times Ahead as US Dollar Gets Ditched

Liberty and Finance:  5-31-2025

The global financial landscape is undergoing a profound transformation, and according to Mario Innecco, a keen observer of market forces, it’s time to batten down the hatches.

 In a recent interview with Liberty and Finance, Innecco painted a picture of a world moving away from dollar dominance, grappling with inflation, and facing potential market instability, urging individuals to seek shelter in precious metals and financial independence.

One of the key drivers of this shift, according to Innecco, is China’s decision to allow insurance companies to invest their portfolios in gold. He sees this as more than just a localized policy change; it’s a symptom of a larger, global trend of nations diversifying away from the U.S. dollar.

 This move, coupled with other nations exploring alternative currency arrangements for trade, suggests a weakening of the dollar’s long-held position as the world’s reserve currency.

Innecco points to vulnerabilities in the U.S. bond market as further cause for concern. Rising yields, potentially exacerbated by taxation concerns for foreign investors holding U.S. debt, are flashing warning signs. The allure of U.S. bonds, traditionally seen as a safe haven, may be waning, potentially leading to a decline in demand and further pressure on the dollar.

The core of Innecco’s concern lies in the long-term inflationary pressures created by persistent government spending and loose monetary policy, particularly in the United States.

 He argues that these policies are ultimately unsustainable, leading to the potential devaluation of currencies like the dollar. In a world where fiat currencies are being diluted, Innecco believes tangible assets like gold and silver offer a critical buffer against inflation and financial instability.

“Protect yourself,” he urges. His prescription includes accumulating physical gold and silver, not as speculative investments, but as a store of value to preserve purchasing power.

He further emphasizes the importance of financial self-sufficiency, encouraging individuals to take control of their own finances and reduce their dependence on volatile market forces.

Adding another layer of complexity to the equation is the risk posed by the Japanese yen carry trade. Innecco highlights the potential for this practice, where investors borrow in low-interest yen to invest in higher-yielding assets elsewhere, to trigger significant global market disruptions if it unwinds unexpectedly. Such an unwinding could trigger a scramble for yen, impacting currencies and asset prices worldwide.

Innecco’s message is clear: the era of unquestioned dollar dominance is fading, and the economic winds are shifting. While uncertainty looms, individuals can take proactive steps to safeguard their financial futures. By embracing the principles of financial prudence, diversifying into precious metals, and striving for self-sufficiency, individuals can navigate the turbulent waters ahead and emerge on the other side with their wealth and financial well-being intact.

Ultimately, Innecco’s forecast serves as a potent reminder that in a world of evolving economic realities, knowledge, preparedness, and diversification are the cornerstones of financial survival.

https://youtu.be/x23pi2msL_I

“Tidbits From TNT” Sunday 6-1-2025

TNT:

Tishwash:  Including the Popular Mobilization Law... 140 draft laws await parliament's vote

 The Parliamentary Investment and Development Committee revealed that there are more than (140) draft laws, including new legislation and amendments to existing laws, that are still awaiting a vote in the House of Representatives.

The committee's vice-chair, Hussein Al-Sa'bari, said, "A large number of these projects have completed their discussions within the relevant committees and are ready for inclusion on the agenda of the general sessions."

He pointed out that "many of them concern vital sectors that affect citizens' lives."

He explained that "among the most prominent laws proposed are the Popular Mobilization Forces Law, legislation related to higher education, particularly the "Basis for Granting Certificates," in addition to service and administrative laws."

For his part, member of the Parliamentary Legal Committee, Muhammad Anouz, added that the legislative priorities also include the Anti-Narcotics Law and the Retirement Law, which needs to be amended to ensure..  link

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Tishwash:  Parliamentarian: Extraordinary sessions will be held after Eid to approve important service laws

MP Hussein Al-Saabari revealed, on Saturday, that the House of Representatives intends to hold extraordinary sessions after the Eid Al-Adha holiday, to compensate for previous sessions that were not held due to the lack of quorum.

Al-Saabari said in a statement to the Al-Maalouma Agency, that “the House intends to discuss a number of important laws during these sessions, most notably the Popular Mobilization Law, the budget schedules, and the Ministry of Education Law.”

He called on members of the House of Representatives to "commit to attendance and not be absent from upcoming sessions," calling on "political blocs to urge their representatives to perform their legislative role in a way that serves the public interest."

Al-Saabari pointed out that “the holding of extraordinary sessions represents an important opportunity to correct the course of legislative performance and compensate for the delay in passing laws that directly affect the lives of citizens,” noting that “serious political will and cooperation between blocs will be the decisive factor in the success of these sessions and achieving tangible results.” 

It is noteworthy that the House of Representatives had previously called for holding emergency sessions during the legislative recess in order to vote on important laws  link

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Tishwash:  Al-Sudani to a member of Congress: It is necessary to build a comprehensive vision for Iraq that keeps pace with economic transformation and development.

Prime Minister Mohammed Shia al-Sudani received today, Saturday, Senator Jacky Rosen, a member of the Armed Forces Committee and the Foreign Relations Committee in the US Congress, and her accompanying delegation, in the presence of the Chargé d'Affaires of the US Embassy in Iraq.

A statement from his office, a copy of which was received by {Euphrates News}, stated that: “The meeting discussed the overall Iraqi-American relations and ways to strengthen them in a way that serves common interests, Iraq’s progress in economic recovery, and confirms regional stability.”

Al-Sudani pointed to "the importance of deepening relations with the United States in various fields, continuing bilateral dialogue based on mutual respect, and affirming Iraq's sovereignty and shared values, within the framework of the agreements and strategic partnership between the two friendly countries."

He also highlighted the "need to build a comprehensive vision for Iraq in light of the scale of the economic and developmental transformation taking place in Iraq."

For her part, Senator Rosen affirmed her country's "commitment to building sustainable relations with Iraq," praising "the progress being witnessed in Baghdad and other Iraqi cities, and the Iraqi government's ability to avoid regional conflicts, which underscores Iraq's pivotal role and its growing importance in the region."  link

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Mot:  . Doggone It!!! --- Wont Sleep Tonight Wondering !!!!~~ 

Mot: What is the Space Between Your Eyebrows Called??? - HUH??

News, Rumors and Opinions Sunday 6-1-2025

Gold Telegraph: Some Companies Believe a Monetary Reset is Already Underway

5-31-2025

A trade truce between the United States and China is at risk of falling apart… Why? Elements.

China has been very focused on mining for years and acquiring world-class projects. Now, the world is waking up to the consequences.

I will be on stage in Quebec City next Tuesday. Looking forward to seeing some of you there to discuss the role of gold in this shifting global order.

More and more mining CEOs… leading companies with market caps over $10 billion believe we are on the brink of a monetary reset. Some even argue it’s already underway.

A common theme?

They all recognize one fact:
The flow of gold has been shifting east for years.

More soon.

BREAKING NEWS: THE BANK OF JAPAN’S LONG-TERM GOVERNMENT BOND HOLDINGS FELL FOR THE FIRST TIME IN 16 YEARS AS OF END-MARCH

Where is my circus picture?

Oh there it is:

It’s easy to miss the signals in the noise.

But pay attention:

This week:

• The President of the European Central Bank said the euro could replace the dollar in global trade.
• Germany is pushing to get its gold back from the United States.

This isn’t just noise… Europe is preparing for the future. They are worried that the Federal Reserve won’t provide lifelines if the system starts to crack.

Of course, the euro will never replace the dollar as the world’s reserve currency, but that’s not the point.

The real story is this: America’s closest allies are now openly questioning the dollar’s role, exploring alternatives, and pushing for their own currencies.

Source(s):  https://x.com/GoldTelegraph_/status/1928892504683774408

https://dinarchronicles.com/2025/05/31/gold-telegraph-some-companies-believe-a-monetary-reset-is-already-underway/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26  IMO the Iraqi dinar is the linchpin.  The Iraqi dinar will go first, then the Vietnamese dong and the others will follow suit. A lot of people say, well that's double dipping. So what...It's not going to affect anything.  If  you're smart enough to double dip then go right ahead and do it.  I plan to. 

Militia Man  What we're hoping is Iraq changes the value of the currency and has no sanctions on it...Iraq is far more further along in her reforms than many probably realize.  The data supports that...

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The Quiet Coup: BIS Just Rewrote The Global Monetary Rules With One Gold Ruling

Two dollars Investing:  5-31-2025

In this explosive interview, Andy Schectman breaks down how a single gold ruling by the Bank for International Settlements reclassified gold as a Tier 1 reserve asset—putting it on equal footing with the U.S. dollar.

https://www.youtube.com/watch?v=aMT_m2vTUmI

U.S. Dollar Undervalued—Or Just Losing Its Purchasing Power

Lynette Zang: 5-31-2025

 Do you know the real difference between intrinsic and fundamental value?

Wall Street’s definition of “intrinsic value” is designed to mislead you—and protect their profits.

 In this video, Lynette Zang exposes the truth behind intrinsic value, explains how the U.S. dollar continues to lose purchasing power, and why gold remains the ultimate protection against inflation.

https://www.youtube.com/watch?v=zl0KLQ_QOgI

Seeds of Wisdom RV and Economic Updates Sunday Morning 6-1-25

Good Morning Dinar Recaps,

Ripple Presents XRP, RLUSD to Replace SWIFT’s Outdated Payment System

XRP is powering Ripple’s bold challenge to SWIFT’s outdated payment system, offering blazing-fast, low-cost, and transparent cross-border transactions through blockchain and stablecoin innovation.

Ripple Unveils XRP Solution While SWIFT Struggles With Outdated Payment Rails

Ripple shared in a blog post on May 28 that blockchain technology and the digital asset XRP could resolve many long-standing issues in cross-border payments, especially those linked to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network.

The company emphasized the fragility of traditional rails, where outdated systems still rely on manual processes:

“Most cross border payments still rely on manual processes. A typo in an account number, an incorrect SWIFT code or incomplete payment instructions can all cause a transaction to fail.”

“Failed payments don’t just waste time, they also incur costs, create operational headaches and can strain relationships with partners or customers awaiting funds. Reducing manual touchpoints and increasing automation are key to minimizing these risks,” Ripple noted.

Ripple highlighted that these legacy systems, dependent on multiple intermediaries and correspondent banks, suffer from delays, errors, and lack of transparency. Payments often pass through up to five institutions before reaching the recipient—causing uncertainty and racking up fees.

This system, Ripple argued, is incompatible with the demands of modern global commerce. Issues like inconsistent messaging standards, foreign exchange markups, and regulatory complexity add to the inefficiencies and risks of international transactions.

Ripple Payments: A Blockchain-Based Alternative

In response, Ripple introduced its Ripple Payments platform—a blockchain-based system built as a modern, scalable solution to replace SWIFT’s outdated rails.

“Ripple Payments offers a cross-border stablecoin payment solution that is a modern alternative to traditional cross border payment rails,” the company explained.

Ripple’s solution uses XRP and the Ripple USD stablecoin (RLUSD) to enable fast, reliable, and affordable payments across borders. It provides real-time settlement, fee transparency, and lower operational risks, backed by a global payout network covering over 90% of the world’s foreign exchange markets.

While concerns about digital asset regulation remain, Ripple and other blockchain advocates argue that distributed ledger technology (DLT) is key to building a more efficient, inclusive, and future-ready financial infrastructure.

@ Newshounds News™
Source:  Bitcoin News

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BRICS, Euro, & Bitcoin: Why US Dollar Opposition Has Never Been Greater

It’s been a challenging year for the United States, marked by rising macroeconomic pressures and geopolitical tension. Now, the future of the US dollar as the global reserve currency appears more uncertain than ever. With BRICS, the euro, and Bitcoin gaining momentum, opposition to the greenback has never been greater.

Euro, Bitcoin, & BRICS: Can the US Dollar Withstand All Three?

The BRICS alliance has made no secret of its ambition to challenge the dollar’s dominance, but it’s not alone in 2025. Bitcoin has emerged as a hedge against fiat volatility, while Europe is asserting the euro’s international potential more forcefully.

US Vice President JD Vanec recently asserted that Bitcoin does not compete with the US dollar. However, that stance was undermined by a report from Standard Chartered Bank, which projected that Bitcoin is poised to grow stronger as confidence in the dollar wanes.

This adds to the growing pressure on the Western currency. With BRICS ramping up de-dollarization, the euro vying for more global relevance, and Bitcoin rising to an all-time high, the challenges facing the dollar have reached a historic level.

Christine Lagarde Eyes Euro’s Global Role

In a recent report, European Central Bank President Christine Lagarde stated that the shifting geopolitical landscape could present the perfect moment for the euro to increase its international influence. She emphasized the opportunity for the euro to become a stronger competitor on the global stage, further eroding the dominance of the greenback.

Meanwhile, the BRICS coalition is continuing its long-term campaign to de-dollarize—favoring local currencies and regional trade. This strategy has only accelerated amid rising tariffs and protectionist policies from the US.

Bitcoin: Catalyst or Competitor?

Perhaps the most intriguing element is the role of Bitcoin. Ironically, the US itself has played a pivotal role in pushing the cryptocurrency to new heights—culminating in a record-breaking price this year. But as Bitcoin's utility and appeal expand, it increasingly stands as a viable alternative to the US dollar, potentially undermining the very currency that helped boost its value.

With BRICS, the euro, and Bitcoin gaining global traction, the US dollar faces a perfect storm of competition unlike anything in recent history.

@ Newshounds News™
Source:  Watcher.Guru

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

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Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Confidence Is Breaking Down In US Bond Market

Confidence Is Breaking Down In US Bond Market | David Morgan

Liberty and Finance:  5-30-2025

David Morgan discusses Florida's recent decision to recognize gold and silver as legal tender, calling it a bittersweet win due to restrictive language in the bill that limits the use of widely trusted government-minted coins.

He emphasizes that while such laws are largely symbolic, they can serve as important educational tools and first steps toward practical sound money usage.

Morgan explains the challenges in using precious metals for everyday transactions and suggests solutions like state depositories and debit cards backed by gold and silver.

He also warns of growing cracks in the Treasury bond market, which he believes signal a deeper systemic issue tied to the fragility of a debt-based financial system.

 The conversation ends with Morgan sharing updates on his upcoming documentary and encouraging grassroots efforts to spread awareness about the importance of sound money.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Florida gold & silver legal tender legislation

 10:08 Federal legal tender legislation

13:30 US Treasury bond market

20:30 Preparedness

https://www.youtube.com/watch?v=oeC1m232oEQ

News, Rumors and Opinions Saturday 5-31-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 31 May 2025

Compiled Sat. 31 May 2025 12:01 am EST by Judy Byington

Possible Timing of the Global Currency Reset:

Fri. 30 May 2025 Wolverine: “I have it from very high sources that we begin this week.”

Fri. 30 May 2025: Zim Bond redemptions are (allegedly) underway. Quietly. Precisely. And every redeemed bond is fueling humanitarian efforts that bypass the old corrupt systems. But security is tight. NDAs are mandatory. …QFS on Telegram

From Sun. 1 June to Sat. 7 June 2025 was considered the Red Zone for EBS Activation

From Thurs. 5 June to Mon. 9 June 2025 the Tier4B window would be open. Internal banking advisories indicated public redemption will begin regionally, based on QFS load-balancing and readiness reports.

From Tues. 10 June to Fri. 13 June 2025 all Tier4b appointment notifications were set to be issued.

From Sat. 14 June 14 to Tues. 17 June 2025 the General Public rollout was set to happen, with the Sat. 14 June U.S. Army’s 250th Anniversary Parade at the National Mall serving not just as a celebration — but as confirmation that America was back under Constitutional Rule.

Around Sun. 15 June 15 and Mon. 16 June 2025 expect minor banking downtimes, signaling the final switchover to full QFS integration.

On Wed. 18 June to Sat. 21 June 2025 the Global Access Phase would begin for Tier 5, the General Public.

Wed. 9 July 2025 was the Back Wall for the Global Currency Reset to occur optically. …Jon Dowling, Iraq

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Global Financial Crisis:

Mon. 26 May 2025 THE FINANCIAL TAKEOVER HAS BEGUN — QFS IS NOW LIVE AT THE TOP …Nesara Gesara 2.0 on Telegram

Behind the curtain of collapsing fiat empires, the shift has begun — and this time, it’s irreversible. The Quantum Financial System is no longer a theory whispered in closed rooms. It’s activating — silently, strategically — at the highest levels of global finance.

Central Banks: Multiple central banks have discreetly adjusted policy frameworks to reflect a return to gold-backed currency. Just today, several released updated reports showing expanded gold reserves underpinning their monetary supply. Last night, emergency coordination calls were held between central banking heads — a clear signal that the transition to asset-backed money isn’t just planned. It’s happening.

Commercial Banks: Internal communications from Tier 1 banks now confirm what many suspected — their systems are live on QFS. One institution even issued a private congratulations to staff on a “successful on-boarding.” While official channels remain guarded, these banks are quietly preparing clients for the next steps: debt cancellations, digital wallet activations, and the rollout of a new financial paradigm.

Currency Revaluations: The Global Currency Reset is underway. Holders of select sovereign currencies — notably the Iraqi dinar and Vietnamese dong — are reporting unexpected spikes in wallet balances overnight. These updates reflect genuine commodity valuations and confirm the quiet, systematic revaluation of currencies based on tangible assets, not manipulated markets.

Cross-Border Payments: Transactions that once dragged on for days under SWIFT are now completing in seconds. In recent QFS trials, transfers from Asia to Europe were finalized instantly — no fees, no delays. The infrastructure is real. The rails are live. The banking elite have already boarded the new train.

The Quiet Revolution: Step by step, confirmation by confirmation, the QFS framework is anchoring itself across the global banking grid. This is no longer test phase. This is deployment. And as the ripples spread outward, the world will soon awaken to a new financial era — backed by gold, driven by quantum, and secured by truth.

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Thurs. 29 May 2025 GLOBAL LOCK-IN CONFIRMED — THE SYSTEM IS ALIVE …Ben Fulford

The silence has broken. On June 28th at 03:33 UTC, a new encrypted Starlink relay went live across the Atlantic corridor — connecting servers from Greenland to West Africa in a single quantum pulse. This was the final key. With this event, every continent is now linked into the QFS grid. What was once whispered as a theory is now running beneath our feet in real time.

I’ve just received confirmation from a secure intel node: Tier 4B authentication pings are being sent in test mode to select civilian devices in Canada, Germany, and New Zealand. These are dry runs. If you’ve recently seen a “system security validation” or been prompted to scan your fingerprint on an unfamiliar system screen — that wasn’t a glitch. That was the QFS handshake.

The sovereign onboarding sequence is in full swing:
• Encrypted emails are already staged in quantum mailboxes.
• Cards are pre-activated and housed in decentralized fulfillment hubs.
• Identity verification is now entirely biometric. No more passwords. No more recovery codes. You are the access key.

What’s Next? Between July 1–3, we enter the Window of First Contact — when public-facing systems begin to mirror what we’ve already seen privately. Expect your local banks to start acting strange. Sudden closures “for updates.” ATM restocking. Websites going offline and then reappearing with new interfaces. These are not bugs. These are integrations.

MedBed coordinators have been instructed to begin patient acceptance briefings by July 5th. Not public yet — but it’s coming. The first candidates are children and veterans. That tells you everything you need to know about the Alliance priorities.

A Note on Silence: If you hear nothing from officials this week, don’t panic. They’ve been instructed to step aside. Starlink and the QFS don’t need a press conference. The system announces itself through function — not fiction.

I’ll continue to decode each step in real time. The bridge is built. Now we walk across it. We are no longer waiting for the future. We’re logging into it.

Read full post here:  https://dinarchronicles.com/2025/05/31/restored-republic-via-a-gcr-update-as-of-may-31-2025/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   Forex just put the Iraqi dinar on the international trading platform.  It's not live or active yet but it's in position

Bruce   [via WiserNow]  We're getting close...we have information saying that the new Dong rate will be coming up on the redemption center screens either [Friday] or Saturday...That's really good. 

Mnt Goat  ...an article from 2024: “AL-ALAQ: WE ARE CONSTANTLY REVIEWING THE DELETION OF ZEROS  FROM THE DINAR, AND THERE ARE NO RESTRICTIONS ON OUR BALANCES IN AMERICA”.  Now why would the CBI tell us this if they were not still planning the project and thus are telling us they could do it anytime such as using the words “constantly reviewing”...just how far must the reforms go in order to move ahead with this project? Remember that back in 2012, when under Dr Shabibi they did not have all these reforms in place, yet he was given the green light to go ahead. Now Iraq is in a much, much better banking and financial position than in 2012. So, using our common sense we can see how close we are to this event.

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The CBI Launches the Virtual Bank Project

Edu Matrix:  5-30-2025

Discover the incredible story behind Iraq’s most iconic architectural project—the new Central Bank of Iraq headquarters—designed by the legendary Iraqi-British architect Zaha Hadid.

 Born in Baghdad, Zaha Hadid rose to global fame for her futuristic architecture and bold designs. Educated at the American University of Beirut and later the Architectural Association in London, she shattered glass ceilings as an iconic female architect in a male-dominated field.

In this video, we explore how Hadid's legacy lives on in the CBI headquarters, a towering symbol of progress and modernity in Iraq’s capital.

Tragically, Zaha Hadid passed away in Miami at Mount Sinai Hospital from a heart attack while being treated for bronchitis, just before construction began on the Central Bank building in Baghdad.

From her early days in Iraq to becoming a visionary architect, her work continues to inspire. Join us as we dive into her life, her vision, and how this landmark project reflects her enduring impact on architecture in Iraq and beyond.

https://www.youtube.com/watch?v=tghMsh9mkGQ