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Elon Musk Warns US Will Face ‘Day Of Reckoning’ For Its Debt With ‘No Way’ To Fix Issue
Elon Musk Warns US Will Face ‘Day Of Reckoning’ For Its Debt With ‘No Way’ To Fix Issue
How To Shockproof Your Nest Egg
Jing Pan Wed, November 5, 2025 Moneywise
America’s ballooning debt burden has become impossible to ignore — and Tesla CEO Elon Musk, who took a stab at tackling government waste earlier this year, is sounding the alarm again.
On a recent episode of “The Joe Rogan Experience” podcast, Musk outlined what he believes is — and isn’t — possible when it comes to fixing the U.S. national debt crisis. “You can make it directionally better, but ultimately you can't fully fix the system,” Musk said. “Unless you could go super draconian — like Genghis Khan level on cutting waste and fraud — which you can't really do in an aspirationally democratic country, then there's no way to solve the debt crisis.” (1)
“Tidbits From TNT” Thursday Morning 11-6-2025
TNT:
Tishwash: The Finance Committee determines the disbursement mechanism for the year 2026
The Parliamentary Finance Committee revealed today, Wednesday, the spending mechanism that the government will adopt in 2026.
Committee member Jamal Kojar told Al-Furat News Agency that: “The government will adopt the spending mechanism in 2026 according to Law 1/12 of 2024, as a result of the 2025 budget schedules not being approved yet.”
Kujer explained that "the exchange rate will remain the same," noting that "disbursement operations will be limited to expenses and the operating budget only."
FINAL Financial hours of U.S.A. just before the 1929 crash
FINAL Financial hours of U.S.A. just before the 1929 crash
Finance Files: 11-5-2025
October 1929 — the most powerful financial machine in history was about to collapse.
Investors were euphoric. Stocks were unstoppable. And then, within hours, it all fell apart.
This is the untold story of America’s final financial hours before the 1929 crash — the panic on Wall Street, the desperate phone calls, and the moment when the dream of endless growth finally died.
Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 11-5-25
Good Afternoon Dinar Recaps,
CURRENCY — The Dollar’s Balancing Act: De-Dollarization, Volatility, and a Coming Recalibration
The dollar’s dominance endures—but its foundations are quietly being rewritten.
The U.S. dollar remains the backbone of global finance, yet the signs of a slow, managed rebalancing are undeniable.
From BRICS trade settlements to regional currency pacts, a new multi-currency reality is emerging, where the dollar still leads—but no longer dictates.
While Wall Street sees resilience, policymakers see fragility: the world’s reserve system is too dollar-heavy to fail, and too unstable to continue unchanged.
US Debt Explodes at Record Pace Forcing Fed QE
US Debt Explodes at Record Pace Forcing Fed QE
Taylor Kenny: 11-4-2025
The economic headlines are buzzing, and for good reason. A recent analysis by ITM Trading, featuring insights from Taylor Kenney, paints a stark picture of the current U.S. economic landscape.
It’s a narrative dominated by a rapidly escalating national debt and a surprisingly abrupt shift in Federal Reserve policy.
Let’s start with the numbers, and they are staggering. In just the past eight weeks, the U.S. national debt has surged by a trillion dollars. While the pandemic provided a unique period of massive debt expansion, this current pace is setting new records outside of that extraordinary time.
“Tidbits From TNT” Wednesday 11-5-2025
TNT:
Tishwash: Cabinet meeting: Allocations for holding an international conference and recommendations regarding Apple Pay
The Council approved “the special recommendations regarding the activation of global (APPLE PAY) services in Iraq, by adopting the documents required by the parent company, instead of the commercial registration certificate to obtain the trusted license from the Media and Communications Commission, and exempting the company from the provisions of the amended Foreign Companies Branches System (2 of 2017).”
Seeds of Wisdom RV and Economics Updates Wednesday Morning 11-5-25
Good Morning Dinar Recaps,
FINANCE — IMF Warns of Systemic Strain: Early Signals of a Monetary Realignment
Mounting debt, overvalued assets, and policy fatigue point to the quiet re-engineering of global finance.
The International Monetary Fund’s October 2025 Global Financial Stability Report has quietly set off alarm bells across policy circles. Beneath its restrained tone, the IMF outlines a world financial system that is structurally fragile and increasingly dependent on non-bank financing—just as sovereign debt and liquidity pressures mount worldwide.
Seeds of Wisdom RV and Economics Updates Tuesday Evening 11-4-25
Good Evening Dinar Recaps,
Economic Integration and the Birth of a Parallel Trade Zone
Behind the headlines, the long-term significance lies in infrastructure:
"Gold Will Be Connected To the New System" - Freedom Dies When Money Lies | Mike Maloney
"Gold Will Be Connected To the New System" - Freedom Dies When Money Lies | Mike Maloney
11-4-2025
In this powerful, unfiltered discussion, Mike Maloney and Alan Hibbard explore why monetary truth is inseparable from liberty.
When the currency is corrupted, society decays — and gold becomes the antidote.
Join us as they dissect:
How trust in currency underpins personal agency
GENIUS ACT Triggered, Biggest Bank Run in History is Coming
GENIUS ACT Triggered, Biggest Bank Run in History is Coming
Daniela Cambone: 11-4-2-25
The recent pullback in gold and silver prices has led some to believe the bull market has run its course. However, macro strategist Garrett Goggin, in a compelling discussion on the Daniela Cambone show with ITM Trading, argues a different narrative: this bull market is not only far from over, it’s merely in its nascent stages.
Goggin’s thesis is rooted in a fundamental shift in global dynamics, driven by forces unlike those seen in previous cycles. The primary catalyst? Unprecedented central bank demand for physical gold.
Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 11-4-25
Good Afternoon Dinar Recaps,
A Surprise Shift in North Korea’s Diplomatic Posture
According to reports from Seoul citing South Korean intelligence, North Korean leader Kim Jong Un is open to meeting with U.S. President Donald Trump.
The intelligence disclosure comes after years of silence between Washington and Pyongyang, signaling a potential re-entry of North Korea into broader diplomatic and economic discussions — at a moment when the global order is shifting toward multipolar financial and security frameworks.
News, Rumors and Opinions Tuesday 11-4-2025
KTFA:
Henig: Advisor to the Prime Minister: Al-Faw Port is a pillar for making Iraq a linking point between East and West
Advisor to the Prime Minister for Transport Affairs, Nasser Al-Asadi, stressed that the location of Al-Faw Port gives Iraq a unique opportunity to be a pivotal center for global transport movement, noting that the project represents the basic pillar for achieving the government's vision of making Iraq a linking point between East and West.
Al-Asadi said: "Al-Faw Port, by virtue of its geographical location, is an important strategic location, capable of being the only link between East and West in a path extending from sea to land, and this is a very great advantage that places Iraq at the heart of international trade,"
“Vietnam News” Posted by Henig at KTFA 11-4-2025
KTFA:
Henig: Vietnam tops Southeast Asia in gold consumption with 55 tons annually
By Anh Tu October 31, 2025 | 01:50 am PT
Vietnam leads Southeast Asia in gold consumption, reaching 55 tons a year, according to World Gold Council data cited by a Vietnamese lawmaker.
Thach Phuoc Binh, a member from the southern province of Vinh Long, said at a National Assembly meeting Thursday that the country’s gold consumption of 55 tons last year exceeded that of Thailand (48.8 tons) and Indonesia (47.3 tons).