Deficit Surges To Over $1T In Just 5 Months Of 2021
The Atlantis Report
Deficit Surges to Over $1T in Just 5 Months of 2021 -- The Biggest Monster Bubble in History
Premiered 13 minutes ago
The Government is bankrupt; The Corporations are bankrupt; many people are bankrupt and struggling. Yet this is the best economy ever if you are in the top one percent, this is the greatest economy ever, no question about it.
Just five months into fiscal 2021, the US government has already run a budget deficit of over $1 trillion.
In a year of massive deficits, the US federal government charted its biggest monthly shortfall of fiscal year 2021 in February.
The ability of this government to pay just the interest on our national debt once it escapes these current levels will be something to keep your eye on.
Taxes will have to be raised may be dramatically, and at that point, the stock market will go south with the end game clearly seen by all. On March 1st, the US national debt eclipsed $28 trillion for the first time. According to the National Debt Clock, the debt to GDP ratio stands at 129.8%.
Despite the lack of concern in the mainstream, debt has consequences. Studies have shown that a debt to GDP ratio of over 90% retards economic growth by about 30%.
This throws cold water on the conventional “spend now worry about the debt later” mantra, along with the frequent claim that “we can grow ourselves out of the debt” now popular on both sides of the aisle in DC.
For the full transcript go to https://financearmageddon.blogspot.com
A Historic Team, New Monetary System, Asset-connected Future, America
And We Know: 10-10-2026
A recent discussion from And We Know Official on YouTube dives deep into the current chaotic financial environment, particularly highlighting the intersection of midterm elections, shifting monetary policies, and the evolving roles of precious metals and digital currency.
As global markets react to shifting political landscapes and central bank decisions, understanding the broader economic picture has never been more vital for long-term planning and asset protection.
"Raising The Dollar Is Not A Solution Without A Price," Maliki asserts, emphasizing that the success of adjusting the exchange rate hinges on the government's ability to contain its repercussions and protect citizens' incomes
Sunday, October 11, 2026 Baghdad - One News - Nouri al-Maliki, head of the State of Law Coalition, warned of the economic and living repercussions of raising the dollar exchange rate, stressing that the success of the exchange rate adjustment measures depends on the government’s ability to contain its negative effects and protect citizens’ incomes and purchasing power, as well as maintain market stability.
Good Afternoon Dinar Recaps,
GLOBAL DEBT RESET WATCH: WORLD BANK WEIGHS CRISIS AID AS DEVELOPING NATIONS FACE A TRIPLE ECONOMIC SHOCK
As the World Bank discusses emergency assistance with dozens of countries, rising energy prices, climate threats and borrowing costs are intensifying pressure on government budgets and the global financial system.
TNT:
Tishwash: Al-Moussawi reveals the date when the 2027 budget will reach Parliament
MP Mukhtar al-Moussawi confirmed on Sunday that the 2027 budget draft will reach the Parliamentary Finance Committee this week for discussion of its articles. He also indicated that there are seven complex issues that the upcoming budget will face.
Al-Moussawi explained to Al-Maalouma that "the 2027 budget draft will arrive this week from the Council of Ministers to the Parliamentary Finance Committee, in preparation for a thorough discussion of its articles."
KTFA
Clare: Al-Zaidi will conduct a Gulf tour that includes Saudi Arabia and Kuwait next Wednesday.
10/10/2026
Iraqi Prime Minister Ali al-Zaidi is expected to conduct a Gulf tour next Wednesday, which will include Saudi Arabia, after which he will head to Kuwait.
An informed government source told Shafaq News Agency that Al-Zaidi will discuss with the Gulf states joint security and economic files, as well as the situation in the region and its impact on security and economic conditions, in addition to common issues at various levels.
MilitiaMan & Crew: Stop What You Are Doing: Militia Man's Latest Update
10-10-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
Iraq Amends the Official Exchange Rate: Legal and Economic Implications of Cabinet Decision No. 544 of 2026
Al-Nesoor Law Firm examines Iraq’s new exchange rate and its impact on contracts, imports, businesses, government revenues, and consumers.
Al-Nesoor Law Firm October 07, 2026 On 6 October 2026, the Iraqi Council of Ministers issued Decision No. 544 of 2026, amending the official exchange rate of the Iraqi dinar against the U.S. dollar. The new rates took effect on 7 October 2026, leaving only a very short period between the decision and its implementation.
Under the new framework, the exchange rates are:
Good Morning Dinar Recaps,
GLOBAL ENERGY RESET WATCH: U.S. EASES RUSSIA DIESEL SANCTIONS AS FUEL COSTS PRESSURE TRUCKERS AND TRADE
The Trump administration has temporarily eased restrictions on Russian diesel supplies following an agreement with Moscow, seeking to relieve fuel-price pressure on truckers, farmers and businesses while raising new questions about sanctions, energy security and global trade.
CBI Protects Pre-Devaluation Import Transfers
2026-10-10 Shafaq News- Baghdad Iraqi traders should not be charged exchange-rate differences on import-financing transfers due for execution before October 7 that were purchased and covered at the old rate, the Central Bank of Iraq (CBI) said on Saturday.
KTFA
Saturday Night Video
FRANK26….10-10-26….JANUARY 1, 2027
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Dr. Scott Young: Is the US Treasury in Trouble? Gold and Trump’s Financial Plans
10-10-2026
Why is the Treasury about to sink? Are we about to lose all our money? When does the gold rise? Is the Gold a currency? What is happening to the Dinar? What does Trump know about the asset of the nation and what is he doing about it?
In recent financial discussions, few topics have sparked as much debate as the stability of the global monetary framework. A recent video featuring Dr. Scott Young brings these concerns to the forefront, offering a stark assessment of the current condition of the U.S. Treasury and the Federal Reserve.
Stock Market Crash Risk Changed in Just 3 Days, Peter Grandich Says
Kitco News: 10-10-2026
Peter Grandich tells Kitco News anchor Jeremy Szafron gold may need one more brief drop under $4,000 to set up the strong bottom it needs, then a run toward record highs in 2028.
Gold bugs, he says, won’t like the first part. Grandich, who says he sold his gold before this year’s drop, explains why he changed his mind on a stock market crash in the last three days and why a 10-year Treasury yield above 6% would signal a financial crisis.
Softbank Seeks To Raise $100 Billion From Gulf Investors
Money and business Economy News - Follow-up Masayoshi Son, chief executive of SoftBank Group, is seeking to raise up to $100 billion from Gulf investors to fund a new wave of investment in artificial intelligence.
Over the past few weeks, Son has held discussions with senior figures, including in the UAE, about the potential fundraising process.
Good Afternoon Dinar Recaps,
GLOBAL ENERGY RESET WATCH: IRAN EXPANDS TANKER THREATS BEYOND HORMUZ AS SHIPPING RISKS GROW
New attacks and warnings across Gulf shipping routes are raising concerns about energy supplies, tanker costs and the economic consequences of prolonged instability, even as diplomatic efforts continue.
Rob Cunningham: What if the World’s Wealth Could Finally Work for Everyone?
10-11-2026
XRP: WHAT IF THE WORLD’S WEALTH COULD FINALLY WORK FOR EVERYONE?
Imagine a world where humanity’s greatest financial problem isn’t a shortage of wealth, resources or productive capacity – but an outdated system that makes accessing them unnecessarily expensive, complicated and restrictive.
Now imagine a better system.