Dr. Mark Thornton Warns 'Fiat Is In The ICU' And Central Banks Do Not Trust Each Other

Kitco News: 1-23-2026

Ray Dalio warns the monetary order is breaking down, and Dr. Mark Thornton says the fiat system is now in the "Intensive Care Unit."

In this interview, Kitco News anchor Jeremy Szafron sits down with Dr. Mark Thornton, Senior Fellow at the Mises Institute, to break down why central banks are fleeing Treasuries for physical gold and what the "Skyscraper Curse" signals for a 2026 crash.

They discuss the massive 150-ton gold purchase by Poland, a strategic move by a NATO ally that signals a loss of trust in the debt-based system.

From Debt Crisis to Asset Revaluation, the Next Financial Regime

Miles Harris:  1-23-2026

The world is on the cusp of a significant financial transformation, driven by the unsustainable growth of global debt and the need to repair balance sheets without outright debt reduction.

In a recent video presentation, Miles Harris introduces the concept of the “Great Revaluation,” a process that promises to reshape the future economic landscape through the tokenization of real-world assets and the adoption of unified ledger technologies.

TNT:

Tishwash:  $100 billion in Iraqi savings revealed at the US Federal Reserve

Economic expert Duraid Al-Anzi said on Friday that Iraq should not have been exposed to any financial crisis or any form of financial distress, stressing that the concerned authorities did not adopt the proposed oil prices in the budgets, which led to the current financial situation.

Al-Anzi explained in a statement to Al-Furat News Agency that “Iraq has been objected to several times regarding not relying on high prices in budgets, and the necessity of not exceeding $65 per barrel in order to be able to save,” noting that “oil prices have changed a lot, but the competent authorities did not think about the future and did not adopt the proposed prices.”