The Nomad Economist and The Atlantis Report Thursday PM 3-25-2021
The Nomad Economist
Powell, Do You Even Know What The Economy Is ?
Premiered 22 hours ago
After all the destructive policies we have seen coming out of the Eccles Building, it may be time to ask Fed Chairman Jerome Powell, "Do you even know what the economy is?"
All the easing and stimulus has taken us to a place we could call Bubbleville. It has bolstered asset prices and speculation but done little to help Main Street or generate a strong economy.
This destructive force was unleashed long before Covid-19 came into the picture and hanging our economic misfortunes on the pandemic may sound reasonable but is far from accurate.
Is The Housing Market About To CRASH In 2021 ? -- Real Estate Market Bubble 2.0
The Atlantis Report: Premiered 2 hours ago
Is The Housing Market About To CRASH In 2021 ? -- Real Estate Market Bubble 2.0
The world will remember this year as the year normal life was torn up by the pandemic. Millions of Americans still remain out of work. The US economy continues to languish, burdened by government lockdowns and other pandemic-related factors.
Retail sales have dropped precipitously over the last several months, underscoring the economic malaise.
Our national debt recently eclipsed $28 trillion. Corporate debt was already skyrocketing prior to the pandemic. All of this is driven by loose Federal Reserve monetary policy designed to drive borrowing.
But there’s another segment of the economy buried in debt .The commercial real estate market.
For many owners of commercial real estate, the big trouble hasn’t even started. Federal Reserve data show U.S. commercial property debt climbed to an all-time high of $3.06 trillion , up from a 10-year low of $2.2 trillion in 2012. State governors seem determined to bankrupt every small business.
Large employers are happy to cut their office space requirements by letting employees continue working from home, even after the pandemic is over. Work from home policies will be key to attracting and keeping the best employees. Employees are happy to move to cheaper areas with a better quality of life.
The problem is compounded by the fact that the value of the commercial real estate is falling like a rock thanks to a shift toward work-at-home and the brick-and-mortar retail apocalypse.
In a nutshell, the commercial real estate market is plagued by too much debt and not enough assets. This is nowhere near the problem that the housing bubble was in 2008, but it is another example of the economic distortions caused by the Fed’s monetary policy.
Now the question is, Who will pay off all that debt? It looks like the borrowers will leave it to the lenders. And the lenders will leave it to the taxpayers and (ultimately) Fed money printing.
We have seen this movie in the past, and we will see it again in the future (on steroids).
The lenders -aka the financial system - will sink, and most of them will be bailed out. This is turning routinary, although the specific scapegoat may differ.
The financial system collapsing periodically is a feature, not a bug, of our Fractional reserves- fiat central bank money combo.
Iraq Is Preparing To Celebrate Sovereignty Day And The US Withdrawal
Rebwar Hamawais Summary of the news:
Iraq has called the withdrawal of US troops Sovereignty Day.
Masrour Barzani to the Financial Times: The withdrawal of US troops is at a sensitive time.
Masrour Barzani: Leaving the Kurdistan Region without providing a defense system is worrying.
Armed groups are calling for a law on weapons collection to protect their rights.
GP Q: Iraq’s Sovereignty Days Holiday and 30-Day Roadmap
9-27-2026
Channel 8 English: Marking the first holiday of its kind, the Iraqi Council of Ministers has declared an official public holiday across all state institutions from Wednesday, September 30, through Saturday, October 3, in celebration of the Republic of Iraq's Sovereignty Days.
IRAQ: 4-DAY “SOVEREIGNTY DAYS” HOLIDAY
Iraq’s Council of Ministers has officially declared a public holiday across state institutions from September 30 through October 3, 2026, marking what the government calls “Sovereignty Days.”
TNT:
Tishwash: Full US Withdrawal from Iraq: Official Reveals Completion of Operation
An Iraqi government official announced on Sunday the completion of the US troop withdrawal from Iraq, noting that all combat and logistical support forces have left the country.
The official told the German Press Agency (DPA) that the withdrawal process is fully complete, although there has been no official confirmation from the US side yet.
Monday Coffee with MarkZ. 09/28/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: This week is starting with a bang, hopefully that means it will be a great one. We have a lot to unpack today, Wade and Gina from My Free Water join after the news.
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
Emailed to Recaps~ Thank you David
Reset Intelligence: The Occupation Is Over.
By Reset Intelligence | @EXIT_FIAT
Iraq's Foreign Minister says American forces have completely finished their withdrawal from Iraq, the Kurdistan Region included. That is 3 days ahead of the September 30 deadline.
The same weekend, Washington agreed to keep the cash dollars flowing to Baghdad, and Trump said of Iraq's Prime Minister: "I endorsed him."
Stephanie Starr: Watch this Timeline for Iraq
9-27-2026
IRAQ — WATCH THIS TIMELINE
SEPT 24: Iraq + U.S. sign agreement handing the Diplomatic Support Center at Baghdad International Airport back to Iraq.
SEPT 25: At the UN, Iraq declares its ambition to become a GLOBAL ENERGY HUB and says its relationship with strategic partners is shifting from military cooperation → economic & development cooperation.
MilitiaMan & Crew: Sovereignty Days & IQD | What You Need to Know
9-27-2026
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
Good Morning Dinar Recaps,
U.S.-CHINA TRADE RESET WATCH: TWO-MONTH TRUCE EXTENSION OPENS NEW WINDOW FOR GLOBAL TRADE AND FINANCE
The extension of the U.S.-China trade truce through January 10 creates additional time for the world's two largest economies to reduce tariff barriers, expand economic dialogue and reshape the framework for global trade.
How To Make Strategic Cash Bucketing Work For You
Last Edited Sep 16, 2026| Angelena Mascilli
Cash bucketing – or categorizing your funds based on specific expenses or goals – can help you organize your financial life.
Cash and other liquid assets may be the ideal place for buckets of money that you may need to access soon to cover expenses or capitalize on new investment opportunities.
Iraq Economic Council Approves Draft 2027 Budget
2026-09-27 Shafaq News- Baghdad Iraq’s Ministerial Council for the Economy approved the draft 2027 federal budget on Sunday and referred it to the Council of Ministers, according to a Finance Ministry document.
Earlier today, the Finance Ministry said it had submitted the draft to the economic council after completing its preparation.
KTFA
Sunday Night Video
FRANK26….9-27-26……NEATO VETO
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#
SEC Quietly Made a Change That Could Reshape the Financial System | Hyunsu Jung & Michelle Makori
Miles Franklin Media : 9-26-2026
Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with Hyunsu Jung, CEO of Hyperion DeFi, about the rapid shift toward tokenized finance and what happens as AI agents gain the ability to trade, allocate capital, borrow, lend and potentially manage more of our financial lives.
Jung explains how tokenized stocks could reshape Wall Street, why AI-driven markets introduce new systemic risks, and how a large-scale exploit could create financial dislocations reminiscent of 2008.
"It's Finally Happening" - Dollar Dumping Is Here | Peter Grandich
Liberty and Finance: 9-26-2026
Peter Grandich warns that rising interest rates, mounting government debt, and growing deficits could create a dangerous environment for the economy and financial markets.
He argues that gold could continue rising even as interest rates climb, while mining stocks may benefit from favorable supply-and-demand dynamics and growing demand for critical minerals.
Justice Secures State Real Estate Electronically And Traps Manipulation And Fraud
Money and business Economy News — Baghdad The Ministry of Justice announced on Sunday that measures will be taken to prevent the implementation of cases of manipulation and forgery of documents and files of real estate and state-owned property in the real estate registration departments in the first step, including Baghdad, followed by the rest of the provinces in a later step.
Good Afternoon Dinar Recaps,
HORMUZ RESET WATCH: OIL FLOWS CONTINUE THROUGH STRAIT AS IRAN PRESSES DIPLOMACY AFTER U.S. REJECTS PLAN
Oil continues to move through the Strait of Hormuz despite severely reduced traffic, while renewed diplomatic activity keeps open the possibility of a negotiated path toward reopening the critical energy corridor.
GP Q: Currency Watch as of 26th September 2026
9-27-2026
CURRENCY WATCH — 26 SEPTEMBER 2026
Facts only.
No rumour cycle.
TNT:
Tishwash: Iraq declares "Sovereignty Day" holiday from Wednesday to Sunday
On Saturday, the Cabinet issued a decision to suspend official working hours on the occasion of "Sovereignty Day".
An official statement from the media office of Prime Minister Ali al-Zaidi stated: It has been decided to suspend official working hours in state institutions starting from Wednesday, September 30, until Saturday, October 3, in celebration of the (Sovereignty Days) of the Republic of Iraq.
The complete withdrawal of foreign forces from Iraq is expected to be announced on September 30, after all their bases and camps have been handed over to the Iraqi side.
The Economic Transition Begins, Fed Complies & Informs The Banks To Follow The Procedures
X22 Report: 9-27-2026
The [CB] is now complying the Genius act and instructing the banks to back the stable coin with assets. The transition has begun
Some excerpts:
Trump and his team are already beginning the transition.
I believe Warsh has been put in place to restructure the entire Fed and follow the Genius Act and the Clarity Act to get the Federal Reserve in line so it could be brought into the Treasury.
Iraq Declares Four-Day Holiday For Sovereignty Days
2026-09-26 Shafaq News- Baghdad Iraq’s Cabinet on Saturday declared a four-day holiday in state institutions from September 30 through October 3 to mark the country’s “Sovereignty Days,” Prime Minister Ali Al-Zaidi’s media office said.
Good Afternoon Dinar Recaps,
GLOBAL MARKET RESET WATCH: OIL SURGE PUSHES DOLLAR HIGHER AS TREASURY YIELDS RISE
Renewed uncertainty surrounding U.S.-Iran negotiations has pushed oil prices higher and placed additional pressure on Treasury markets, the dollar and global investors as inflation and interest-rate concerns return to focus.