Someday They're Going To Write Books About This!
By Tyler Durden Sat, 05/09/2020 - 15:40
Authored by Bruce Wilds via Advancing Time blog,
What is occurring today is absolutely mind-boggling. Someday they are going to write books about this! While there have been some messed up financial conundrums over the years none rival the current situation now before us. The dilemma before us is a fast-moving enigma wrapped in a gossamer cloak.
Not only are the players that make up the global political-financial complex busy buying up bad debt, stocks, and bailing out those they deem too big to fail, they have destroyed the concept of real interest on loans. They have trampled all over true price discovery the basis of a free market.
The budget forecast be damned, its full speed ahead. The only justification we need is saying it will be far worse if we do nothing. The bungled response of a delusional government so obsessed with the idea that by simply passing legislation they can make things happen should not be overlooked.
The Paycheck Protection Program or PPP was originally funded with $350 billion but the money was soon gone. Of the thirty million small businesses in America, only 1.7 million received money from the 2.3 trillion dollar aid package passed to help sustain America during this difficult time.
This resulted in more funding but still, the last report I saw indicated only around 13% of the, less than half the businesses that were eligible, were approved before the fund was again depleted and 60% of these had yet to receive any money.
Just as poorly handled was rapidly getting out money promised to individuals and creating a system where many people could receive more money by collecting unemployment than returning to work. The problem is that when all is said and done, large businesses with access to cheap capital will again be the winners and the big losers are the middle-class, small businesses, and social mobility.
It has become difficult to comprehend the size of the failure the political-financial complex has designed. This is partly because stocks have continued to soar with every announcement of rising unemployment and even as businesses continue to fail or file for bankruptcy. Bad news is not good news.
The sick idea that poor spending habits are the answer to achieving a faster-growing economy is absurd and twisted. This is not new, politicians seem unable to grasp the fact economic growth does not necessarily bring about economic strength or long-term prosperity. Following 9-11 I remember then-President George Bush encouraging and pleading for Americans to rush out and buy more junk.
In a world where central banks are pouring out money to stimulate an economy eager to die the question many people are asking is will it work? Until now it appears these actions are only postponing the inevitable.
To continue reading, please go to the original article here:
https://www.zerohedge.com/markets/someday-theyre-going-write-books-about
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
(RUMORS) TIER 4B – ISO 20022: Bond Funds are Arriving Faster than Paymasters can Process
11-15-2026
BOND FUNDS ARE ARRIVING FASTER THAN THE PAYMASTERS CAN PROCESS, AND THE DEBT JUBILEE HAS BEEN EXECUTED (Allegedly)
A Tier 4B bond coordination office sent an internal payout and jubilee confirmation through the encrypted channel at 20:38 EST.
CBI: 94% Of Iraq's Cash Circulates Outside Banks
2026-11-15 04:08 Shafaq News- Baghdad Nearly 94% of Iraq's currency in circulation remained outside the banking system in September 2026, compared with just 6% held by banks, according to the Central Bank of Iraq (CBI).
Cash outside banks rose by 1.7% to 101.868 trillion Iraqi dinars (approximately $67.02B) in September, up from 100.186 trillion dinars ($65.91B) in August, an increase of 1.682 trillion dinars ($1.11B).
How The Fed Is Quietly Generating More Inflation Again
Notes From the Field By James Hicks (Simon Black / Sovereign Man) November 11, 2026
For most of the past eighty years, pretty much every foreign government on the planet parked their national savings in US government bonds. It was a no-brainer. US Treasury bonds paid interest. They were extremely liquid and could be sold in seconds. And they were backed by the wealthiest, most powerful, most creditworthy nation on Earth.
Jon Dowling: Currency Reset Coming, XRP, NVIDIA, Iraq, and More
Chris Real World: 11-13-2026
In a recent and thought-provoking podcast episode hosted by Jon Dowling and featuring Rob Cunningham—a former Air Force veteran and commercial pilot—the conversation dives deep into the complex mechanics driving a pending global financial reset.
One of the primary focal points of the discussion is the mounting pressure within international markets, highlighted by economic indicators coming out of Asia. Specifically, Japan’s recent Producer Price Index (PPI) inflation surge to an unexpected 7.1% serves as a compelling indicator of broader systemic stress.
Derivatives Will Explode, Gold & Silver Will Find Their True Value | Bill Holter
Liberty and Finance: 11-14-2026
The AI bubble is beginning to burst, and the credit markets may be signaling trouble before the stock market catches on.
Bill Holter warns that a much larger financial reckoning is approaching, potentially involving a market collapse, multiple currency resets, and the failure of the derivatives system.
He explains why gold and silver remain essential forms of wealth protection, arguing that silver is dramatically undervalued relative to gold and its historical monetary role.
Dollar Rises In Baghdad, Erbil Markets
2026-11-14 02:42 Shafaq News- Baghdad/ Erbil The US dollar opened Saturday’s trading higher in Iraq, hovering around 169,000 dinars per 100 dollars.
According to a Shafaq News market survey, the dollar traded in Baghdad’s Al-Kifah and Al-Harithiya exchanges at 169,350 dinars per 100 dollars, up from the previous session’s 169,150 dinars on Thursday.
Crypto Shakes Out The Weak As A Trustee Won’t Let Politicos Wet Their Beak
White Hat Auxiliaries Briefing #231
By whitehatauxiliaries November 13, 2026
Greetings Citizens!
Thank you for your patience. World events being as they currently are, we allowed time for as much of the dust to settle before moving on. We will most likely have one more very brief feature before the end of this year. We start first with comments and opinions from London, then on to the rest.
TNT:
Tishwash: Washington accuses Tehran of using militias to plunder Iraq's wealth.
The US State Department accused Iran of using Iraqi armed factions, primarily Kataib Hezbollah, to plunder the wealth of the Iraqi people, weaken the economy, and undermine the country's sovereignty, stressing that it will continue to target the financing networks of these groups .
A spokesperson for the US State Department told Sky News, as reported by Al-Sa’a Network, that “these factions use the proceeds of corruption to serve their own agendas and Tehran’s regional agenda.”
Bix Weir - The Golden Age Was Planned A Long Time Ago, Hidden Gold Will Be Used For The New System
X22 Spotlight Report: 11-13-2026
The economic transition unfolding globally is depicted as a battle between the failing old guard of central banks and a rising new system championed by figures like Trump, who is implementing tariffs, exposing fraud, and targeting the Federal Reserve for dismantlement.
The exposure and collapse of the Great Reset agenda—characterized by scams like the green new deal that have devastated economies such as Germany's with soaring energy costs and remote control over infrastructure—contrasted with the Great Awakening, where unity, accountability, and reversals like domestic oil discoveries and deportation policies lower costs and reclaim national sovereignty.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
Web3.0 ISO20022: The Quantum Privacy Layer has been (allegedly) Activated
THE QUANTUM PRIVACY LAYER HAS BEEN ACTIVATED
A quantum infrastructure coordination office sent an internal activation confirmation through the encrypted channel at 13:07 EST.
It said: “Quantum privacy layer active. ISO 20022 integration complete. Starlink nodes synchronized. Project Odin online.”
US Investigates FAA Outage, No Attack Signs Yet
2026-11-13 / 14:54 Shafaq News- Washington US Homeland Security Secretary Markwayne Mullin said on Friday that authorities had found no signs of a deliberate attack behind the communications outage that halted flight departures nationwide.
Speaking at the White House, Mullin explained that some air traffic control communications remained operational, but the outage had placed additional pressure on other parts of the network. He also dismissed a possible connection to an earlier Microsoft services outage, treating the two incidents as separate problems.
Good Morning Dinar Recaps,
GLOBAL PAYMENT RESET WATCH: THREE CENTRAL BANKS DEMONSTRATE CROSS-BORDER CURRENCY SETTLEMENT ACROSS DIFFERENT SYSTEMS
The United Kingdom, Singapore and Thailand have successfully demonstrated how different financial systems can work together to settle international currency transactions more safely and efficiently.
Why Gold Is Falling While Central Banks Keep Buying | World Gold Council’s Joe Cavatoni
Kitco News: 11-13-2026
Gold fell as much as $135 an ounce on Nov. 12 to a new low for the year, even as central banks keep buying.
The World Gold Council estimates central banks bought 321 tons last quarter, but only 120 tons was reported, leaving 63% undisclosed.
Joe Cavatoni, the council's senior market strategist for the Americas, said the most active buyers "are either not reporting or reporting late," and that central banks tend to step in when prices dip. He said gold "overshot" in January and that the pullback is closer to what the council expected.
Rob Cunningham: XRP, the Global RV, and the Architecture of Sovereign Money
11-13-2026
XRP, the Global RV, and the Architecture of Sovereign Money
If the objective is a globally decentralized monetary system built on honest weights and measures, national sovereignty, transparent accounting, and voluntary exchange, then the critical question becomes:
“How can sovereign nations exchange enormous amounts of value, across different currencies and financial systems, without surrendering monetary sovereignty to a centralized intermediary?”
TNT:
Tishwash: Concerns about postponing the 2027 budget
With the parliamentary session nearing its end this month, concerns are mounting about the potential postponement of the 2027 budget bill, particularly after the cabinet meeting scheduled for Saturday was adjourned due to ongoing political disputes.
The most significant sticking points revolve around oil and non-oil revenues, disagreements with the Kurdistan Region, provincial allocations, and the issue of borrowing.
MP Kadhim Atiya explained to Al-Sabah newspaper that the delay stems from the lack of a comprehensive revenue tally, warning of potential shortages in provincial allocations.