"Sadly, A Crash is Inevitable" 11-16-2021
Sadly a Crash is Inevitable !
The Nomad Economist: Premiered 19 minutes ago
A Recession is Unquestionable & A Crash Inevitable !! Sadly, a crash is inevitable.
Quarterly annualized GDP growth projected at 0.3%. Manufacturing in it's third quarter of recession. Farm debt at a record high. Farm bankruptcies up 24%. Investment down. While a staggering number of Americans live paycheck to paycheck with little savings, they also owe massive amounts of money that many will never be able to pay back.
The Fed Reserve is pumping hundreds of Billions into the Repo market. Quarterly annualized GDP growth projected at 0.3% for Q4. Oh, yeah, things are doing great.
The industry is bloated with debt. Debt destroys them every time because as the debt monster grows, it incentivizes them to sell more. Then they have to induce sales by more stupid crap that people want, but don't need.
Prices go up and up. Executives get paid more and more. The market becomes flooded, people get tapped out, and the industry goes bust.
We live in debt based system. A debt system where the debt must ever expand. And since the entire industry is built on that debt system, it must ever expand.
Any contractions will severely damage the global debt system. Downturns lead to layoffs. Layoffs lead to bankruptcy. Bankruptcy leads to less sales, and less sales lead to layoffs.
They will have to figure out how to hand out money to keep the Ponzi going. But then, what's the point if you are just paying yourself to keep a ponzi going.
Wasn't the trump tax cut supposed to result in corporate investment, rising wages, and new jobs. Too bad the stock buybacks and artificial growth of the stock market were more important to his corporate overlords.
There may be jobs, but real wages have stagnated under Trump. And it’s a fact that the manufacturing sector is in recession and business investment is at a seven-year low. People may be spending for Christmas, but what happens in January will be more predictive.
And hey, if we aren't heading for recession, let's raise those interest rates to keep up with inflation and offload some of that balance sheet. So buckle up and hold on tight, because it certainly looks like we are in for a very bumpy ride in the months ahead.
If the FED already did 2 "insurance cuts" and plans to do more, that pretty much means we are already in recession. You can't have it both ways.
A distinct feature of this bubble is that corporations have taken on unsustainable levels of debt. When that blows up, household names will be waving bye-bye along with jobs and capital.
Creative Destruction! Corporations do not create jobs. Corporations destroy jobs. Get the government entirely off of small business, and jobs will be created. Just get the government off of small businesses' backs and no more free dollars.
Small businesses will figure out the rest. Get rid of 99% of the government, and we will be just fine.
What we have today is fascism. Will take a war or a comet to do that, but there's hope. In 2001, countless tech companies had rounds of layoffs in the tens of thousands at a time (Nortel, Cisco, Ericsson, Broadcom etc.
We're not there yet, but signs are pointing down for sure.
For the full transcript go to https://financearmageddon.blogspot.com
Good Afternoon Dinar Recaps,
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Iraq/Iran War, Global Currency Reset Update: Holly Celiano
Nicholas Veniamin: 9-21-2026
The global financial landscape is undergoing a profound and highly coordinated transformation. As nations seek to move away from legacy monetary frameworks, a complex web of geopolitical negotiations, economic positioning, and structural reforms is taking shape.
At the center of this evolution are critical developments in Iraq, strategic shifts in South American oil exports, and the operational mechanics of a broader global currency reset.
Emailed to Recaps: Thank you David
Reset Intelligence: The Summit.
By Reset Intelligence | @EXIT_FIAT
Everyone who can end this war landed in one city inside the same 48 hours.
Iran's president needed his enemy's visas to get there. Iraq turned the Iranian planes away at dawn.
Bill Holter: Fiat to Fail, US$180,000 Gold Will Look "Laughably Low"
Investing news: 9-21-2026
Bill Holter of BillHolter.com believes gold's next leg higher has already begun, and its ultimate catalyst is the financial markets themselves. "I think price wise, we're early, Time wise, I don't think there's a lot of time left before we see the implosion of fiats.
The inverse of that is an explosion of prices of everything down to a stick of gum or a cup of coffee," he said. Holter also explains how a gold price of US$180,000 per ounce could be "laughably low" in the long term.
MilitiaMan & Crew: IQD News & Market Analysis: What You Need to Know Now
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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
Government Spokesman: Iraq Is Keen To Develop Its Partnership With Washington
Money and business Economy News – Baghdad Government spokesman Haider al-Aboudi said on Tuesday that Prime Minister Ali al-Zaidi will present Iraq's vision on the security of the region and its economy to the United Nations, pointing to the keenness of Iraq and the United States to develop the partnership between the two countries and raise it to a distinctive strategic level.
Good Morning Dinar Recaps,
EU STABLECOIN RESET WATCH: ECB CHALLENGES BANK-DEPOSIT RULE AS EUROPE REWORKS DIGITAL MONEY SAFEGUARDS
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TNT:
Tishwash: The parliamentary finance committee is finalizing the closing accounts in preparation for approving the 2027 budget.
The Parliamentary Finance Committee announced on Monday (September 21, 2026) the completion of procedures for discussing the final accounts of previous fiscal years, in preparation for approving them before voting on the Federal General Budget Law for 2027.
The Media Department of the House of Representatives stated in a statement received by "Baghdad Today" that the Finance Committee, headed by MP Uday Awad and with the attendance of its members, held a meeting today, September 21, 2026, to discuss the final accounts report for previous fiscal years.
KTFA
Monday Night Video
FRANK26….9-21-26….LOOK CITIZENS…UNDERSTAND?
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#
Oil Plunges Below $102 On De-Escalation Hopes
2026-09-21 Shafaq News Oil prices slid to their lowest in more than a week on Monday on hopes diplomacy in the Iran war will get a chance this week amid a UN meet and as investors eyed a partial recovery in shipments from Saudi Arabia despite ongoing attacks by Yemen's Houthis. Brent crude futures and US West Texas Intermediate crude touched their lowest since September 10 earlier on Monday, with Brent at $101.71 a barrel by 0213 GMT, down $2.16, or 2.08%, after settling 0.91% lower on Friday.
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MoneyWatch: Managing Your Money
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Gold and silver investors have had to contend with some sharp price moves so far in 2026. Gold, for example, surpassed $5,500 per ounce early this year, but has since retreated significantly from that record high, with the price of gold sitting closer to $4,275 per ounce as of mid-September.
Silver, on the other hand, has also experienced sizable price swings as investors have responded to shifting expectations for inflation, interest rates and the economy.
Rob Cunningham: Why the New DLT Monetary System Could Soar Soon
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WHY THE NEW DLT (Distributed Ledger Technology)MONETARY SYSTEM COULD SOAR – SOON!
My KUWL Optics: We could be approaching the moment when years of preparation become visible adoption.
Consider the potential convergence:
• Regulatory clarity unlocks institutional commitment.
MilitiaMan & Crew: Daily IQD News |Why the US Hasn't Mined Tungsten in a Decade
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IQD news starts about minute 4:50 or so
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.
Good Afternoon Dinar Recaps,
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Parliamentary Warning Of A Severe Financial Crisis
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Al-Daraji told Al-Maalouma that “the economic reality clearly indicates the existence of a real financial crisis that requires objective and serious solutions by the concerned authorities to mitigate its effects.”
Sometimes This Time Really Is Different
Notes From the Field By James Hickman (Simon Black / Sovereign Man) September 21, 2026
Some time in the middle of the second century AD, on the shores of the extremely picturesque Lake Iznik in modern-day Turkey at the site of the ancient city of Nicaea, a boy named Cassius Dio was born into a locally prominent family. His father was a Roman politician, his mother was Greek, and young Cassius Dio grew up in a bilingual household speaking Greek and Latin at a time when the Roman Empire was at its absolute peak.
TNT:
Tishwash: Al-Zaidi meets Trump in New York ahead of the end of the coalition's mission.
All eyes are on the upcoming visit of Prime Minister Ali Faleh al-Zaidi to New York next Tuesday to participate in the United Nations General Assembly meetings.
During the visit, al-Zaidi is scheduled to meet with US President Donald Trump, at a time when the country is witnessing a withdrawal of coalition forces as the September 30 deadline approaches.
This visit comes at a different political juncture, as the Iraqi diplomatic move intersects with an internal debate about restricting weapons to the state and the future of the American military presence in Iraq.
Monday Coffee with MarkZ. 09/21/2026
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: Tracking the progress in Iraq and Europe losing control. The Mushroom ladies join us after the regular show.
Emailed to Recaps: Thank you David
Reset Intelligence: The Precipice
The Precipice
By Reset Intelligence | @EXIT_FIAT
Iran threatened decisive war over the weekend, then did the quiet thing that matters: it sent Washington its terms through Qatar. All three conditions made public ask for money.
And in Baghdad, the central bank stood up in public to defend the price of the dinar as the street pressed 160,000.
Why Gold Prices Could Keep Rising Despite High US Yields And Interest Rates
Analysts expect gold prices to continue rising into 2027.
Updated Sep 21, 2026, 05:56 PM
Gold prices are expected to rise through 2027 despite high US interest rates and bond yields, driven by central bank purchases and concerns over US government debt.
Central banks, especially China, have increased gold buying significantly, with global purchases nearly doubling pre-2022 levels, supporting gold as a safe asset against financial crises.