It Sounds Crazy
It Sounds Crazy
Oct 14, 2021 by Collaborative Team
It’s a rare person who wants to hear what he doesn’t want to hear. —Richard Cavett
Abig part of almost every story in history is that expectations move slower than facts. People become vested in their views of how the world works. But the world can work one way for a long time and then … boom … abruptly lurch in a new direction. Opinions crawl while events leap. It’s a tricky little thing.
In the 1960s, before he was old, Warren Buffett joked of taking advice from old investors. “They know too many things that are no longer true,” he said.
The strongest opinions form when a trend persists for years or decades, and a narrative of “this is just how things work” is the path of least resistance. It gets reinforced when that narrative becomes part of your identity – where you work, or how you invest your money, or who you hang out with and discuss what’s true.
But things change. Technologies become obsolete and markets exploit opportunities and people get bored with what used to excite them. Regulations change. Generations evolve. Accidents and chance push the world in ways that are impossible to predict. One damned thing after another. Sometimes those changes happen literally overnight.
So what happens when the world lurches but opinions lag?
You get situations where what’s true sounds crazy because people’s beliefs haven’t caught up with reality.
A few examples:
The S&P 500 gained 27% in 2009 – a fantastic return. Yet when asked in early 2010, 66% of investors thought it fell that year, according to a survey by Franklin Templeton. The idea that the market was surging sounded crazy because “the market crashed” was such a powerful narrative after 2008. People just clung to it.
The lowest-income workers have seen some of the largest recent wage gains in percentage terms. And that’s not just a pandemic quirk – it’s been like that since 2018. “Recent growth for workers with low wages has outpaced that for high-wage workers by the widest margin in at least 20 years,” the New York Times wrote last year. That sounds crazy because it’s so counter to the long-held narrative that high-wage workers are booming while the bottom stagnates and declines.
China’s demographics are so poor it’s going to face labor shortages in the coming years like few other countries have ever dealt with. Its total population is already falling. That sounds crazy because it’s the most populated country on earth and synonymous with rapid growth and endless pools of cheap labor. But its working-age population will decline by more than 20% over the next 30 years.
To continue reading, please go to the original article here:
Ariel: Do you Know What was Just Announced?
9-25-2026
Do You Know What Was Just Announced?
Translation: This is Iraq’s official invite to American banks to plug directly into its financial system, which ends the isolation that kept the dinar suppressed and unlocks foreign capital inflows that can only settle at a market-reflective rate.
Friday Coffee with MarkZ. 09/25/2026
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
MZ: The Un meetings and Zaidi being in the US is bringing us a lot of news.
GP Q: Currency Watch as of 24th September 2026
9-24-2026
Currency Watch — 24 September 2026
Facts only.
Settlement rails ≠ a revaluation.
Europe — Pontes is live
On 21 September the Eurosystem switched on Pontes:
wholesale trades in tokenised assets can now settle in central-bank money, not just bank deposits or stablecoins.
Emailed to Recaps~Thank you David
Reset Intelligence: Iraq Invites America's Banks.
By Reset Intelligence | @EXIT_FIAT
Iraq's Prime Minister told a table of American banks why Iraq's banks have been weak: too little connection to the world's banks, American banks above all. Then he asked them in.
The same day, the US handed Iraq its diplomatic post at Baghdad's airport. Soldiers out, bankers invited.
Good Morning Dinar Recaps,
IRAN RESET WATCH: TEHRAN OFFERS 7-DAY PATH TO REOPEN HORMUZ AND RESTART PEACE TALKS
Iran’s proposed seven-day roadmap could reopen the Strait of Hormuz and restart broader negotiations, creating a potential pathway toward lower energy and trade pressures across the global economy.
Who Decides What Gold Is Worth? How Gold Prices Are Determined
Catherine Brock Yahoo Personal Finance
The price of gold can be quoted in multiple forms because the precious metal is traded in different ways. The two main gold prices that investors should know about are spot prices and gold futures prices.
The Spot Price
The spot price of gold is the current market price per ounce for physical gold as a raw material, sometimes called spot gold. Gold ETFs that are backed by physical gold assets generally track the gold spot price.
Rob Cunningham: The Truth Protocol Wins
9-23-2026
THE TRUTH PROTOCOL WINS
When global leaders adopt absolute, exacting, neutral and non-negotiable standards of truth, the world does not need one blockchain, one currency, one corporation or one nation to control the future.
The STANDARD wins – not any one protocol or blockchain.
KTFA
Thursday Night Video
FRANK26….9-24-26…..LET’S GET IT ON
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 Afternoon Dinar Recaps,
GLOBAL BOND RESET WATCH: U.S. 30-YEAR YIELD HITS 22-YEAR HIGH AS GLOBAL DEBT MARKETS COME UNDER PRESSURE
Rising long-term borrowing costs in the United States and other major economies are putting renewed pressure on government debt, inflation expectations and the financial system built around global bonds.
House Passes Common Cents Bill
Lynne Marek Lead Editor Published Sept. 16, 2026 Dive Brief
The bill officially ends minting of pennies and allows merchants to round to the nearest nickel, though the coins are already out of production.
The penny, which has been in circulation since 1793, will officially be discontinued for general circulation under the proposed Common Cents Act.
Penny’s End Poses Rounding Challenge
Published July 16, 2026 Justin Bachman Senior Reporter
Merchants press for passage of a bill to enact rounding standards as cash-handling businesses grapple with the cent’s gradual demise. Businesses would gain new guidelines for rounding transactions if the government gradually phases out the U.S. penny under legislation Congress is considering.
The Common Cents Act, which passed the House of Representatives on Tuesday, enacts formal guidelines for businesses to round tabs to the nearest 5 cents as the U.S. gradually retires the penny.
The Currency Reset is imminent: “This Will Be Very Serious”: Alasdair Macleod
Liberty and Finance: 9-23-2026
Alasdair Macleod warns that escalating Middle East tensions could trigger a far broader economic shock through fuel, shipping, food, and global logistics disruptions. He argues that shortages of diesel, kerosene, and ship fuel could drive essential prices sharply higher while simultaneously pushing economies toward recession.
Macleod also warns that foreign demand for U.S. Treasuries could weaken just as Washington faces massive refinancing needs, potentially creating a debt trap and higher bond yields.
Bill Holter: Higher Rates will Pop that Bubble
USA Watchdog/Greg Hunter : 9-23-2026
Financial writer and precious metals expert Bill Holter (aka Mr. Gold) has warned for years about what happens in the end when a debt bubble pops. Mr. Gold explains, “This bubble is like any other bubble in mankind’s history.
In the 1920s, credit was extremely easy. When credit tightened, it was the wealth effect in reverse. We saw this again in the early 1970s. We saw this again in the 1987 crash.
Erdogan: We Want To Focus With Iraq On The Path Of Development Instead Of Terrorism Issues
Money and business Economy News - Follow-up Turkish President Recep Tayyip Erdogan stressed his country's keenness to strengthen relations of cooperation and economic partnership with Iraq, and move the talks between the two countries to broader horizons that include the path of development and prosperity, instead of focusing on terrorism issues.
Analysis-As 5% Treasury Yields Lose Shock Value, Investors Start Worrying About 6%
By Marc Jones and Naomi Rovnick Wed, September 23, 2026
LONDON, Sept 23 (Reuters) - For years, 5% on the benchmark US 10-year Treasury yield was viewed as the point at which global financial markets would start hitting turbulence. That threshold is beginning to look less like a ceiling and more like a waypoint.
Coffee with MarkZ, joined by Dr. Scott Young. 09/24/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: Arms control, withdrawals, Iran and rumors. Dr. Scott Young joins to take questions before StacieZ wraps the morning up talking about health.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
GP Q: The Venezuelan Bolivar, What Changed?
9-24-2026
VENEZUELAN BOLÍVAR — WHAT CHANGED?
A keen eyed subscriber just spotted something interesting: Western Union is processing Venezuelan bolívar transactions.
WHAT WE KNOW
Emailed to Recaps~ Thank you David
Reset Intelligence: No Extension.
By Reset Intelligence | @EXIT_FIAT
Asked about Iraq's Prime Minister, Secretary of State Marco Rubio said: "We have zero doubt of his commitment to doing this." No extension was requested. September 30 stands.
Turkey agreed to hand back its base. Syria asked for the militias off its border. The coalition is packing out of Erbil.
Ariel: Why October 15 Matters More than What Anyone is Saying
9-24-2026
It’s Go Time Ladies & Gents: Plan B Is Live And In Full Effect (The World At Your Feet)
CFTC Market Structure Rules — The Plan B Nobody Saw Coming
They called it, go time. And they are right. But here’s the part the Panicans can’t process because they’re still staring at the Clarity Act corpse waiting for it to twitch.
How Did Swift Become A Bargaining Chip In Washington's Hands?
Information/Baghdad... Expert and strategic analyst Qasim Qasir confirmed on Thursday that the US administration continues its policy of economic blackmail and systematic financial piracy against countries and peoples who reject its policies of hegemony and arrogance. He pointed out that Washington has transformed the global financial system, the SWIFT system, and the dollar into tools of war and pressure to punish anyone who opposes its dictates and dubious agendas.