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
KTFA
Tuesday Night Video
FRANK26…8-11-26….THE LAW TO LIFT THE 000'S !!!
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#
Good Evening Dinar Recaps,
BRICS Payment Networks: A New Cross-Border Financial Architecture Takes Shape
BRICS nations are moving toward greater payment-system connectivity while China expands the international role of the yuan, signaling a gradual shift toward a more multipolar financial infrastructure.
Baghdad To Host Arab Small And Medium Enterprises Summit In October
Money and business Economy News — Baghdad The fourth edition of the Arab Summit for Small and Medium Enterprises for the year 2026, under the patronage of Prime Minister Ali Faleh Al-Zaidi, will be launched in Baghdad for the period from 18 to 20 October.
Ariel: Clarity Act Cloture, EO 14405 and 14406, Iraq Digital Integration, VND Endgame, and September 30
8-11-2026
Iraq’s Urgent Digital Integration Movement: Locking In The Rail Connection (And Other News)
Clarity Act Cloture, EOs 14405/14406, Iraq Digital Integration, VND Endgame & September 30
The chess pieces are moving at breakneck speed.
Thune filing cloture on August 8th is the trigger.
MilitiaMan & Crew: Is Something Changing With The Dinar? IQD News Update
8-11-2026
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 Turns To Jordan And Syria For New Oil Export Routes
2026-08-10 Shafaq News- Baghdad Iraq is moving toward Syria and Jordan as potential crude export outlets after Turkiye, as Baghdad seeks to diversify its routes to international markets, parliamentary Oil Committee member Zainab Al-Khazraji told Shafaq News on Monday.
Central Banks Choose Between Gold and Dollars. Gold Is Winning
Notes From the Field By James Hickman (Simon Black / Sovereign Man) August 10, 2026
Every country on earth keeps a rainy-day fund: a pile of emergency savings, managed by its central bank, set aside for wars, crises, and currency runs.
These stockpiles of cash around the world are known as a nation’s “reserves”, and the people who manage those funds are called reserve managers.
Ross: Iraq’s Oil is the Dinar’s Revaluation
8-11-2026
Iraq running on a 51 year old oil & gas law is actually crazy and so is IQD being worth $.00076.
It is a no-brainer for Iraq to finally pass the HCL and increase the purchasing power of the dinar.
Inevitable if Iraq is to ever prosper.
What The Digital Dinar Means For Dinar Investors
The Dinar Den: 8-10-2026
For years, the Iraqi dinar (IQD) has been a subject of intense interest and speculation among global currency investors. While online forums are often filled with sensational claims of overnight riches and imminent currency revaluations, seasoned investors take a more analytical approach.
In a recent video from the popular YouTube channel The Dinar Den, Stephen—an entrepreneur and long-time Iraqi dinar investor—provides a grounded, realistic perspective on the current state of Iraq’s economy. Instead of focusing on unverified rumors, Stephen highlights a far more critical development: Iraq’s rapid transition toward a digitized financial infrastructure.
Ariel: This Timeline Now Makes Perfect Sense
8-11-2026
People keep this in mind. Under Article 70 of the Iraqi Constitution, major financial reforms specifically altering the exchange rate require a seated government and parliamentary consensus.
The factional disputes between Shia blocs and Kurdish parties over cabinet positions weren’t just drama; they were a legal blockade.
The Sept 30 Convergence
Iraq Is Considering Removing Zeros From The Dinar... Could This Be The Solution To The Liquidity Crisis?
August 9, 2026Last updated: August 9, 2026 The Independent – The issue of restructuring the Iraqi currency has resurfaced in economic discussions, coinciding with the government's liquidity crisis and its impact on financing public expenditures and delaying payments. While some economic experts are proposing ideas such as removing zeros from the dinar or issuing new banknotes, specialists warn against treating these measures as direct solutions to the financial crisis.
Good Morning Dinar Recaps,
BRICS Payment Networks: Cross-Border Connectivity Takes Shape
BRICS nations are exploring interconnected payment and CBDC systems that could gradually reshape how cross-border transactions move through the global financial system.
TNT:
Tishwash: Iraqi Parliament to Hold Two Legislative Sessions to Debate Key Bills
The Iraqi Parliament is set to hold two sessions during its current legislative term to consider a series of bills, proposed amendments and parliamentary committee reports.
According to the agenda issued by the parliament's Media Department, seen by PUKMEDIA, the first session will include the first reading of the Bill on Supporting Doctors (No. 36 of 2016) and the Bill on Granting Employees Extended Leave. Lawmakers will also conduct the second reading of the Bill on the Third Amendment to the Iraqi Jurists Union Law (No. 173 of 1969) and the Bill Amending the Lawyers Law (No. 173 of 1965).
KTFA
Monday Night Video
FRANK26…8-10-26….LET’S ROLL BANKS
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#
Rob Cunningham: XRP Price Before Law v 2.0
8-11-2026
• XRP Price Before Law v 2.0 •
Last Friday’s major institutional question was:
“Why should we expose ourselves to digital assets before Congress tells us exactly what everything is?”
Also the “John Thune would suck in the WNBA, too” week in DC.