Iraq Economic News and Points To Ponder Saturday Afternoon 5-30-26
US Website: The Cost Of The War On Iran Exceeded $95 Billion
Money and Business Economy News — Follow-up US spending on the operation against Iran has exceeded $95 billion since it began on February 28, according to data from the Iran War Cost Tracker website, which tracks the costs of the Iranian war.
The website explains that its estimates are based on what was stated in the briefing given by the Pentagon to Congress on March 10, in which it said that Washington spent $11.3 billion in the first six days of fighting in the Middle East, and that it plans to spend an additional $1 billion for each subsequent day of the conflict.
US Website: The Cost Of The War On Iran Exceeded $95 Billion
Money and Business Economy News — Follow-up US spending on the operation against Iran has exceeded $95 billion since it began on February 28, according to data from the Iran War Cost Tracker website, which tracks the costs of the Iranian war.
The website explains that its estimates are based on what was stated in the briefing given by the Pentagon to Congress on March 10, in which it said that Washington spent $11.3 billion in the first six days of fighting in the Middle East, and that it plans to spend an additional $1 billion for each subsequent day of the conflict.
About a month ago, a source told CNN that the cost of the war on Iran so far ranges between $40 billion and $50 billion, without including the costs of rebuilding military facilities and replacing assets.
The US Department of Defense announced in the middle of this month that the cost of the war on Iran has so far reached $29 billion, and could reach $1 trillion when including the cost of replacing ammunition and energy burdens.
According to another website run by researchers at Brown University’s Climate Solutions Lab, which tracks the burden of the war on American consumers due to rising energy prices, the 48.4% increase in gasoline prices and the 51.3% increase in diesel prices over the last 89 days have cost citizens a total of more than $49.5 billion so far, which means about $378.14 per American household. https://www.economy-news.net/content.php?id=69624
The Second Billion... Real Madrid Confirms Its Leadership As The Richest Club In The World
Money and Business Economy News - Follow-up Initial estimates revealed that Real Madrid is close to achieving revenues exceeding 1.2 billion euros during the current fiscal year, a record figure for sports clubs worldwide.
Real Madrid already tops Deloitte's list of highest-earning football clubs for the third consecutive season, after finishing last season with a total income of 1.161 billion euros, becoming the first club in history to surpass the one billion euro mark more than once.
Financial reports indicate that Real Madrid’s massive economic growth has been driven by a huge commercial boom, particularly in the sponsorship, marketing and official merchandise rights sectors, along with increased revenues from the Santiago Bernabeu stadium after its redevelopment.
During the 2024-2025 season, Real Madrid generated approximately 594 million euros in commercial revenue alone, an increase of 23% compared to previous seasons, benefiting from the signing of new sponsorship contracts and increased sales of shirts and official club products worldwide.
The Club World Cup also contributed to boosting the club's income, in addition to the high returns from the Champions League, despite the team playing fewer matches in the Spanish King's Cup.
In terms of match revenues, Real Madrid recorded around 233 million euros, making it one of the highest-earning clubs from attendance and matches, benefiting from the new operational capacity of the "Santiago Bernabeu" stadium, which has been transformed into an integrated economic project.
As part of its future plans, the club continued to strengthen its commercial partnerships, renewing its agreement with Emirates Airlines as a major sponsor until 2031, in a deal worth nearly 74 million euros annually.
Real Madrid is also in advanced negotiations with Adidas to extend and expand the current sponsorship contract, as part of a plan to raise the total value of sponsors on the team's shirt to around 300 million euros annually.
This continued financial growth confirms Real Madrid’s ability to maintain its economic superiority despite strong competition from English Premier League clubs and Paris Saint-Germain, especially with the club’s reliance on a balanced investment model that combines sporting success and commercial strength. https://www.economy-news.net/content.php?id=69601
Iran Issues New Warning Regarding The Strait Of Hormuz
Arabic and international Iran's Khatam al-Anbiya Construction Headquarters announced on Saturday that all ships and oil tankers transiting the Strait of Hormuz are obligated to follow routes designated by Iran and obtain prior authorization from the Islamic Revolutionary Guard Corps Navy.
In a statement, the headquarters said, "Any violation of the regulations governing passage through the Strait of Hormuz will seriously jeopardize the safety of the offending vessels," warning that "any action taken by military vessels to interfere with the management of the strait will make them targets for Iranian forces."
The statement added that "the Iranian armed forces manage the Strait of Hormuz with full authority and resolve," emphasizing their continued enforcement of regulations concerning navigation in the strategic waterway.
This announcement comes amid escalating security tensions in the region and close international monitoring of maritime traffic and ship transit through the Strait of Hormuz.
The Wall Street Journal reported on Saturday an increase in ship traffic through the Strait of Hormuz, attributing it to "the boldness of ship owners, some of whom are cooperating with the U.S. military."
The American newspaper reported that in recent weeks, groups of ships, some of them among the world's largest oil and liquefied natural gas tankers, have transited this perilous waterway, creating a small lifeline for the global economy.
It noted that some ships sail "in darkness," turning off their lights and navigating without using the Automatic Identification System (AIS), the navigational aids that help prevent collisions. Disabling this system makes it more difficult to track the ships electronically and thus less vulnerable to attack.
To navigate the strait, some vessels remain in contact with US military officials, who use radar, drones, and other tools to monitor maritime traffic and assist in safe passage. https://www.economy-news.net/content.php?id=69682
Qatar Rejects Imposing Permanent Transit Fees On The Strait Of Hormuz
Arabic and international A Qatari official confirmed that his country rejects imposing permanent transit fees in the Strait of Hormuz due to the impact this would have on consumers, but temporary fees could be imposed for security or technical purposes such as mine removal and securing navigation.
During his participation in the Shangri-La Security Conference in Singapore, Qatar’s Deputy Prime Minister and Minister of State for Defense Affairs, Sheikh Saud bin Abdulrahman Al Thani, explained that Qatar and its Gulf partners believe that any permanent fees for passage through the strait would increase the burden on the end consumer, and therefore oppose their continuous application.
He pointed out that temporary fees related to exceptional circumstances or specific technical and security tasks can be agreed upon, and may contribute to restoring the smooth flow of navigation and ensuring the security of the waterway.
The Qatari official's remarks came in response to inquiries about reports of talks between Iran and Oman regarding the establishment of a permanent fee system aimed at regulating and formalizing the management of ship traffic through the Strait of Hormuz, one of the world's most important maritime trade routes.
The escalation against Iran has effectively disrupted shipping in the Strait of Hormuz, a key waterway for oil and liquefied natural gas supplies from the Gulf states to global markets, and has impacted oil production and export levels in the region. As a result of the strait's closure, most countries around the world have experienced a rise in fuel and industrial product prices.
https://www.economy-news.net/content.php?id=69679
Twenty-Six Planes Were Unable To Land At Munich Airport In Germany After A Suspected Drone Strike.
Arabic and international A spokesman for Munich Airport said that the detection of an object suspected to be a drone caused a total of 26 aircraft to be prevented from landing at Germany's second largest airport and diverted to other airports.
The spokesman explained that these planes were diverted to the airports of Stuttgart, Nuremberg, Frankfurt, Linz, Salzburg and Leipzig.
The spokesman added that the planes that had to remain temporarily on the ground at the airport will be able to take off gradually after the resumption of air traffic at the airport, with some delays in the schedules.
He confirmed that the airport was not completely closed due to this incident, noting that during the period when the use of the landing and takeoff runways was suspended, passengers were still able to access the airport, park their cars, complete travel procedures, and pass through security checkpoints.
The airport is experiencing heavy traffic coinciding with the Pentecost holiday, as the spokesperson said: "On this day, approximately 900 flights take off and land, carrying around 120,000 passengers."
Several airports have recently seen repeated reports of objects suspected to be drones being spotted, sometimes leading to the suspension of air traffic at some of these airports.
In early October, two objects believed to be drones were spotted at Munich Airport on two consecutive nights, leading to the suspension of air traffic at the airport twice in a row. Dozens of flights were diverted or canceled, affecting thousands of passengers, some of whom were forced to spend the night on the airport terminal benches.
https://www.economy-news.net/content.php?id=69681
Justice: A Comprehensive Plan To Automate 137 Executive Directorates Across Iraq
Localities The Ministry of Justice announced on Saturday the completion of electronic automation in several enforcement directorates in Baghdad. It also indicated that a comprehensive plan is being prepared to automate 137 enforcement directorates across Iraq, emphasizing that electronic automation will enhance integrity within these directorates.
Rasti Yousef Hamid, Director General of the Enforcement Department at the Ministry of Justice, stated, "The electronic system has been completed in the enforcement directorates as part of the Ministry of Justice's plan, in cooperation with the General Company for Electronic Systems, a subsidiary of the Ministry of Industry and Minerals.
" He explained that "the project was launched in the Al-Shaab and Al-Doura directorates, followed this week by the Al-Ghazaliya and Al-Kadhimiyah directorates, and will then be rolled out to the remaining directorates in Baghdad, eventually encompassing all of Iraq's directorates."
He added, "The completion of this project represents a major technological revolution in the enforcement directorates. It is not merely a transition from paper-based to electronic processes, but a significant administrative revolution that benefits citizens, clients, and employees alike, as it reduces the effort and time required to complete transactions and expedites their processing."
He explained that "this project is a gateway to integrity and transparency that will open in the implementation directorates after the project is completed," noting that "the ministry has an integrated plan to include all 137 implementation directorates in Baghdad and the governorates in the automation process." https://www.economy-news.net/content.php?id=69673
Saturday Iraq News Posted by Tishwash at TNT
TNT:
Tishwash: Trump announces lifting of naval blockade in the Strait of Hormuz
US President Donald Trump announced on Friday the lifting of the naval blockade in the Strait of Hormuz, stressing the need to reopen it immediately to international shipping without any transit fees.
Trump said in press statements, as reported by Shafaq News Agency, that "ships stuck in the strait due to the blockade, which will now be lifted, can begin the process of returning," adding that "the Strait of Hormuz must be opened immediately without transit fees in both directions."
TNT:
Tishwash: Trump announces lifting of naval blockade in the Strait of Hormuz
US President Donald Trump announced on Friday the lifting of the naval blockade in the Strait of Hormuz, stressing the need to reopen it immediately to international shipping without any transit fees.
Trump said in press statements, as reported by Shafaq News Agency, that "ships stuck in the strait due to the blockade, which will now be lifted, can begin the process of returning," adding that "the Strait of Hormuz must be opened immediately without transit fees in both directions."
He noted that "all sea mines will be removed if found," explaining that US forces "detonated many of them," while Iran will immediately remove the remainder.
Trump asserted that "ships stuck in the Strait of Hormuz can return home," emphasizing that "Iran must agree that it will never possess a nuclear weapon or bomb."
He pointed out that "the nuclear dust buried deep underground will be extracted in coordination with Iran and the International Atomic Energy Agency."
He concluded that "no money will be exchanged with Iran until further notice," revealing that he would go to the "operations room to make the final decision on this matter." link
Tishwash: After the depletion of state-owned banks, the central bank faces the burden of financing.
Economist Mahmoud Dagher gave a briefing on the liquidity crisis facing government banks and its implications for the state’s ability to finance its needs through domestic borrowing, warning of continued financial pressures if the current crisis lasts for an extended period.
Dagher told Al-Jarida that “the low level of liquidity in government banks makes it difficult to resort to them to achieve internal borrowing, which prompted the Ministry of Finance to transfer remittances to the Central Bank for discounting instead of having them discounted by government banks.”
He added that “this measure leads to additional pressure on the debt-backed central bank budget,” indicating that “the continuation of the crisis for a longer period may force the government to look for alternative solutions, foremost among them being reducing public spending and rationalizing expenditures to limit the increasing financial pressures.” link
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Tishwash: Washington removes the name of an Iraqi with 12 titles from its sanctions list.
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced Thursday evening that it had lifted sanctions on 76 entities and individuals who were on old sanctions lists, including an Iraqi citizen whose name appeared in various forms in the department’s records.
This move came as part of an initiative to modernize the US sanctions system, a trend discussed by Treasury Secretary Scott Bisent during the "No Money for Terror" conference held in the French capital, Paris.
The US Treasury explained in its statement , which was reviewed by Shafaq News Agency, that the review included removing restrictions on deceased individuals, ships that were dismantled or taken out of service, as well as people who were previously classified as part of illicit financial networks that no longer exist, or others who were listed more than a decade ago without sufficient identifying data to continue scrutinizing them.
According to Treasury Department documents, the updated list included a prominent Iraqi citizen named Badran Turki Hishan al-Mazidi, who was born in Mosul, the center of Nineveh Governorate, and is known by the nicknames "Abu Ghadiya" and "Abu Abdullah".
The lifting of restrictions on him came after his name and titles appeared in 12 different forms in previous lists to avoid merging identities.
The list also included the removal of other names and companies belonging to multiple nationalities, including Colombia, Algeria, Mexico, the Philippines, Burma and Germany. link
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Tishwash: Government advisor: The 2026 budget will be a “crisis management budget”
The financial advisor to the Iraqi Prime Minister, Mazhar Muhammad Salih, warned of the challenges that may face in preparing the general budget for 2026, in light of the escalating geopolitical tensions in the Gulf region, describing the anticipated budget as being closer to a “crisis management budget” than to a budget for economic expansion or long-term development.
Saleh said, in a statement followed by (Al-Mada), that the escalating crisis in the Strait of Hormuz puts Iraq before a double challenge, which is to ensure the continuation of internal financial stability, in conjunction with protecting its oil exports, which constitute the main source of public revenues.
He explained that the budget “is no longer just an accounting document or tables of numbers,” but has become a reflection of the nature of the rentier Iraqi economy and the extent of the state’s ability to manage its resources amid a turbulent regional environment.
He indicated that the government would most likely move towards preparing a more conservative budget based on cautious oil assumptions, focusing on reducing unnecessary spending and rearranging priorities towards protecting salaries, pensions, social welfare and basic services.
He added that any disruption to oil exports through the Gulf would put direct pressure on Iraq’s financial and monetary stability, given the country’s almost complete dependence on oil revenues to finance operational and investment spending.
In contrast, Saleh pointed out that geopolitical crises may lead to a rise in global oil prices, which may give Iraq a temporary financial reprieve that alleviates the severity of the deficit and helps to pass the budget without an immediate financial crisis, provided that revenues are managed efficiently, waste is reduced, and the efficiency of public spending is increased.
He stressed that continuing to work according to the amended Federal Financial Management Law No. 6 of 2019 remains an option if the budget is delayed due to continued regional uncertainty.
Saleh concluded by saying that the real challenge lies not in the budget legislation itself, but in the state’s ability to ensure the sustainability of funding in an economy that is almost entirely dependent on oil, calling for dealing with the 2026 budget with “economic rationality and financial realism” away from emergency spending and ill-considered policies. link
Tishwash: Government advisor: The 2026 budget will focus on reducing unnecessary spending.
The Prime Minister's financial advisor, Mazhar Muhammad Salih, confirmed on Friday that the 2026 budget will focus on reducing unnecessary spending and ensuring funding for vital sectors directly related to citizens' lives.
He also indicated that continuing to operate under the amended Federal Financial Management Law No. (6) of 2019 remains a constitutional and financial option should the budget's approval be delayed.
Salih stated, "In light of the escalating crisis in the Strait of Hormuz, through which the world's oil artery passes amidst anxiety and tension, Iraq finds itself facing a dual challenge: how to successfully enact its 2026 budget amidst regional turmoil that threatens its oil exports, while simultaneously maintaining internal financial stability."
He added, "The budget is no longer merely an accounting document or a set of figures; it has become a political and economic equation reflecting the nature of the Iraqi economy, which is based on oil revenues, and simultaneously revealing the state's ability to manage its financial resources prudently and efficiently in a highly volatile and fragile regional environment."
He added, "Given the escalating geopolitical conflict in the Middle East and the accompanying direct and indirect threats to maritime navigation and energy flows in the Strait of Hormuz, the possibility of enacting Iraq's 2026 budget appears constitutionally and politically viable. However, it will be one of the most sensitive and complex budgets in Iraq's modern financial history due to the intrinsic link between the Iraqi economy and global oil markets."
He pointed out that "Iraq still relies almost entirely on oil revenues to finance salaries, pensions, social welfare, general operating expenses, and investment projects. This makes any disruption to exports through the Gulf a direct pressure on the country's financial and monetary stability." He noted that "the financial authorities are expected to prepare a more conservative budget based on prudent oil assumptions, reducing unnecessary spending and reprioritizing expenditures to protect social spending related to salaries, pensions, social welfare, and basic services, as well as ensuring funding for vital sectors directly impacting citizens' lives and their economic stability."
He explained that "conversely, geopolitical crises often drive up global oil prices, which could provide Iraq with temporary financial relief, mitigating the deficit and offering an opportunity to pass the 2026 budget without a direct financial collapse, especially if the financial administration succeeds in managing oil revenues efficiently, activating export alternatives, reducing financial waste, and increasing the efficiency of public spending."
He stated that "continuing to operate under the amended Federal Financial Management Law No. (6) of 2019 remains a constitutional and financial option if the budget's approval is delayed due to continued uncertainty and tension in the regional landscape."
He pointed out that "the real challenge lies not in the debate surrounding the enactment of the 2026 federal budget law itself, but rather in the ability of public finances to ensure the sustainability of funding amidst a turbulent regional environment and an economy that relies almost exclusively on oil."
He explained that “the 2026 budget, if it is enacted under the current geopolitical climate, appears to be closer to a (crisis management budget) than to a budget for economic expansion or long-term sustainable development, which requires the legislative and executive authorities to deal with it with economic rationality and financial realism, far from containment policies, immediate reactions and ill-considered emergency spending.” link
News, Rumors and Opinions Saturday 5-30-2026
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
RV Excerpts from the Restored Republic via a GCR Update as of Sat. 30 May 2026
Compiled Sat. 30 May 2026 12:01 am EST by Judy Byington
Judy Note:Conquering the Deepstate control of the Global Financial System was key to taking down the Cabal. That would begin with the fall of the fiat US Dollar so a gold/asset-backed currency could stabilize international trade.
Right now in May of 2026 Central Banks around the World were anticipating a US Dollar collapse any day. This was necessary for the new financial system to come into fruition.
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
RV Excerpts from the Restored Republic via a GCR Update as of Sat. 30 May 2026
Compiled Sat. 30 May 2026 12:01 am EST by Judy Byington
Judy Note: Conquering the Deepstate control of the Global Financial System was key to taking down the Cabal. That would begin with the fall of the fiat US Dollar so a gold/asset-backed currency could stabilize international trade.
Right now in May of 2026 Central Banks around the World were anticipating a US Dollar collapse any day. This was necessary for the new financial system to come into fruition.
In one of his more forceful statements Trump promised to end Income Taxes Fri. 29 May 2026:CONFIRMED: TRUMP PROMISES END TO INCOME TAX — “YOU WON’T EVEN HAVE TO PAY IT” | VIDEO – amg-news.com – American Media Group
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Fri. 29 May 2026 SECURITY, STRUCTURE & SILENCE: THE TIER 4B PROTOCOL
No walk-ins. No leaks. No circus.
RV Center staff were trained, armed with secure systems and operating under blackout conditions.
Participants are vetted, and electronic devices are restricted.
TIER 4B is not a public event. It is a classified operation, monitored, documented, and now fully active.
Judy Note: To my knowledge no one has been privy to the exact information about when Tier4b (Us the Internet Group) will be notified to set redemption/exchange appointments. That is the decision of 1-2 people, one (allegedly) being President Trump. We only know notification will be around the time of EBS Activation and likely during the ten days of communication darkness.
Judy Note:We have been told that Wells Fargo, which is (allegedly) controlled by the Chinese Elders – (the ones who own the gold behind the Global Currency Reset) – will send out emails to currency and bond holders worldwide telling them how to set redemption & exchange appointments. It is advised to exchange/redeem your foreign currency at an official Redemption Center (RC) rather than a bank. You can only(allegedly) redeem Zim at a RC, the Dinar Contract Rate can only be (allegedly) given at a RC and banks will (allegedly) offer you lower exchange rates than what you can obtain at a RC. You can only (allegedly) set up your new wallet (bank account) at a RC. It was my understanding that most banks were under control of the Cabal and would soon play a different role in the Global Financial System.
Read full post here: https://dinarchronicles.com/2026/05/30/restored-republic-via-a-gcr-update-as-of-may-30-2026/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Foreign reserves...cover 12 month of imports while the international standard for trade capacity for foreign reserves is about 3 months. Iraq is still, even under the circumstances, is doing well. They still have gold...massive amounts of natural resources. They're diversifying with many different venues consistency, hence they have been able to increase the income and revenue streams, exactly what the gatekeeper are looking forward to.
Frank26 I'm thinking an awful lot about what's going on with this investment because there's so much information that is being revealed. It's no longer the type of information that the enemy wants you to consume. We know very well what Iraq is doing with their monetary reform. They've confessed it. They've shown you in every possible way, every angle, what they're about to do...They've eliminated a lot of the noise. Where did the noise come from? ...Iran.
Reset Intelligence If you are waiting on the IQD to revalue, this is the story that matters. The rate does not break free until all the militias are unified with the state. And yesterday the second militia did just that, just like we told you the rest would. And this one was built, funded and trained by Iran's Revolutionary Guard. Two down. The dominos are falling. The gangs blocking the rate just got smaller.
Gold & Silver Mispriced as Fiat Risks Rise Fast - Alasdair Macleod | Sprott Money
Sprott Money: 5-29-2026
In this Monthly Wrap Up episode, Craig Hemke for Sprott Money welcomes Alasdair McLeod for a powerful end-of-May market update covering gold, silver, bonds, and the growing risks facing fiat currencies.
They discuss silver and gold prices, buy-gold strategies, buy-silver opportunities, central bank buying, silver shortages, bond yields, and why precious metals may be entering a major repricing phase.
If you’re following gold price trends, silver price action, physical silver demand, and where to buy gold and buy silver in today’s market, this is an important conversation you won’t want to miss.
Seeds of Wisdom RV and Economics Updates Saturday Morning 5-30-26
Good Morning Dinar Recaps,
Global Debt Concerns and Central Bank Pressures Signal Growing Financial Reset Risks
Rising borrowing costs, expanding debt burdens, and shifting global capital flows are increasing pressure on the existing financial order.
Good Morning Dinar Recaps,
Global Debt Concerns and Central Bank Pressures Signal Growing Financial Reset Risks
Rising borrowing costs, expanding debt burdens, and shifting global capital flows are increasing pressure on the existing financial order.
Overview
Today's economic developments highlight growing concerns about the sustainability of the global debt-driven financial system. Investors are increasingly focused on rising sovereign borrowing costs, mounting debt obligations, and the difficult choices facing central banks as they attempt to balance inflation control with economic growth.
Key Developments
1. Global Bond Markets Face Renewed Pressure
Government bond yields remained elevated as investors assessed the long-term implications of expanding fiscal deficits and persistent inflation. Higher yields increase financing costs for governments and place additional strain on heavily indebted economies.
2. Central Banks Confront Difficult Policy Choices
Monetary policymakers continue to face the challenge of maintaining price stability while avoiding a broader economic slowdown. Analysts warn that keeping interest rates elevated for an extended period could expose vulnerabilities across banking, commercial real estate, and private credit markets.
3. Global Debt Levels Remain Near Record Highs
Economists continue to monitor the effects of record debt accumulation across both developed and emerging economies. Rising debt-servicing costs are increasingly consuming government budgets, limiting fiscal flexibility and raising concerns about future financial stability.
4. Investors Increase Focus on Alternative Assets
Growing uncertainty surrounding traditional debt markets has contributed to continued interest in gold, commodities, and other alternative assets. This trend reflects broader concerns about preserving value in an environment characterized by inflation risk and fiscal challenges.
Why It Matters
The modern financial system is built upon confidence in sovereign debt markets, central bank credibility, and economic growth. As debt burdens rise and borrowing becomes more expensive, policymakers may face increasing pressure to implement measures that could reshape monetary and financial frameworks.
Why It Matters to Foreign Currency Holders
Potential for increased currency volatility as debt pressures mount
Growing interest in asset diversification and alternative stores of value
Increased focus on countries with stronger fiscal and monetary positions
Implications for the Global Reset
Pillar 1: Debt Sustainability Challenges
Governments worldwide are confronting rising financing costs at a time when debt levels remain historically elevated. This dynamic could eventually force difficult decisions regarding taxation, spending, monetary policy, or debt management.
Pillar 2: Shifting Global Capital Flows
Investors are increasingly evaluating alternatives to traditional sovereign debt investments. Over time, these shifts could influence reserve allocation strategies, trade settlement preferences, and global financial influence.
Closing Insight
Today's developments reinforce a broader trend: the global financial system continues to operate under significant debt-related pressure. While no immediate crisis is evident, the combination of elevated debt, higher interest rates, and changing investor behavior suggests that structural adjustments may become increasingly necessary.
This is not just a debt story — it's a test of how long the global financial system can sustain record borrowing in a higher-rate world.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Reuters — "Global debt concerns persist as borrowing costs remain elevated"
International Monetary Fund (IMF) — "Global Financial Stability Report"
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🌱A Message to Our Currency Holders🌱
If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.
What failed was not your patience — it was the information you were given.
For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.
That is not your failure.
Our mission here is different: • No dates • No rates • No hype • No gurus
Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process
Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.
You will see silence. You will see denials. That is not delay — that is discipline.
Protect your identity. Organize your documents. Verify everything.
Never hand your discernment to anyone who cannot show proof.
You deserve truth — not timelines.
Seeds of Wisdom Team
Newshounds News™
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Thank you Dinar Recaps
Iraq Economic News and Points To Ponder Late Friday Evening 5-29-26
Commander-In-Chief: The Government's Focus On Security Forces Is A Cornerstone For Stability
Iraqi News Agency, INA - BAGHDAD 5/29/2026 PM and Commander-in-Chief of the Armed Forces, Ali Faleh al-Zaidi, affirmed on Wednesday that the government's focus on security forces is a cornerstone for stability and weapon control.
Al-Zaidi received on Wednesday several military and security commanders from various branches of the security forces, in the presence of the heads of the Intelligence and National Security services, the Chief of Staff of the Army, the Deputy Commander of the Joint Operations, and the undersecretaries of the Ministry of Interior, on the occasion of Eid Al-Adha Al-Mubarak, according to a statement from the PM Media Office, received by the Iraqi News Agency - INA.
Commander-In-Chief: The Government's Focus On Security Forces Is A Cornerstone For Stability
Iraqi News Agency, INA - BAGHDAD 5/29/2026 PM and Commander-in-Chief of the Armed Forces, Ali Faleh al-Zaidi, affirmed on Wednesday that the government's focus on security forces is a cornerstone for stability and weapon control.
Al-Zaidi received on Wednesday several military and security commanders from various branches of the security forces, in the presence of the heads of the Intelligence and National Security services, the Chief of Staff of the Army, the Deputy Commander of the Joint Operations, and the undersecretaries of the Ministry of Interior, on the occasion of Eid Al-Adha Al-Mubarak, according to a statement from the PM Media Office, received by the Iraqi News Agency - INA.
The Prime Minister extended his “best wishes to the heroes of the security agencies and formations on the occasion of Eid,” commending their efforts and success in imposing security across all regions of the country and meeting various challenges.
He expressed his pride and appreciation for the significant efforts exerted by the armed forces and the distinguished level they have attained, which enables them to fulfill their national duties and assert their authority in consolidating stability.
The Commander-in-Chief of the Armed Forces stressed the government’s commitment to providing full support to the security forces, which constitute the fundamental pillar of imposing stability and restricting arms in the hands of the state.
“The prosperity Iraq enjoys today would not have been achieved without the sacrifices of the heroic martyrs and wounded, who gave everything to protect the country, preserve its gains, and fulfill the aspirations of the Iraqi people,” he added.
PM: Government Determined To Proceed With State-Controlled Weapons Project
Iraqi News Agency, Friday,29 May 2026 Baghdad - INA Prime Minister Ali al-Zaidi affirmed on Friday that the government is determined to proceed with the project to restrict weapons to the state.
The Prime Minister's Media Office stated in a press release received by the Iraqi News Agency (INA): "Prime Minister Ali Falih al-Zaidi received today a group of tribal sheikhs and dignitaries who offered their congratulations on the occasion of Eid al-Adha."
Al-Zaidi emphasized "his pride in the honorable tribes, which represent a social umbrella providing the state with the best talents and leadership and administrative personnel," noting "the government's commitment to supporting this social entity, which has been a pillar of the Iraqi state since its inception and a defender of it in the most difficult circumstances."
The Prime Minister stressed that "the government is determined to proceed with the project to restrict weapons to the state, to prevent violations of the rule of law, to combat corruption, to strengthen Iraq's power and sovereignty, and to pursue open regional and international relations for the benefit of Iraq—all principles called for by the Supreme Religious Authority."
Al-Zaidi: We Are Proceeding With The Project To Restrict Weapons To The State Control
Iraqi News Agency, Thursday, 5/28/2026 / 19:46 INA–Baghdad 28 May 2026 Prime Minister Ali Faleh al-Zaidi affirmed on Thursday the government’s commitment to proceeding with the project, which has the support of the highest religious authority and stipulates that weapons be exclusively held by the state, and emphasized that the government wants the state to remain the sole entity authorized to possess weapons.
The Prime Minister’s Media Office said in a statement received by the Iraqi News Agency (INA) that “Prime Minister Ali Faleh al-Zaidi hosted a group of tribal sheikhs and dignitaries, exchanging greetings with them on the occasion of Eid al-Adha.”
“Al-Zaidi noted that tribes are the backbone of the state and its living history. They have played a significant role in resolving issues and problems, as they are the guardians of values and protectors of civil peace. They have been the first line of defense and have contributed to ending many conflicts and calls for division,” according to the statement.
Al-Zaidi reiterated the government’s commitment to the project, which has the support of the highest religious authority and stipulates that weapons be exclusively held by the state, while he stressed that “the government wants the state to be the sole entity authorized to possess weapons.”
“Al-Zaidi listened to the interventions and opinions of those present and expressed his pleasure at meeting this group of tribal sheikhs,” the statement continued.
“The Council of Tribes is a school for learning authentic values and principles,” Al-Zaidi stressed, calling for “reliance on three pillars: economic commitment, national belonging, and belief in the state,” because “Iraq needs unified voices during this critical stage to move the country forward.”
Al-Zaidi stressed that “the state alone must possess power; this is a decision, not an option,” emphasizing “the need to prevent the proliferation of weapons and their use in arbitrary practices and tribal conflicts.”
Al-Zaidi noted that Iraq is part of the international community, and we are committed to balanced relations, pointing to “efforts to establish an effective identity for Iraq and move away from centralized economic approaches by attracting international companies to invest.”
“We will not allow any extortion or obstruction of foreign companies operating in Iraq,” Al-Zaidi added, expressing his hope that “tribal sheikhs will play a greater role in addressing violations and protecting the country and its stability.”
“Iraq needs moderation in discourse and coexistence to secure the rights of its people,” he concluded.
Muqtada Al-Sadr Launches Saraya Al-Salam Handover To State
2026-05-29 Shafaq News- Najaf A committee appointed by Patriotic Shiite Movement (PSM) leader Muqtada Al-Sadr held its first meeting on Friday to implement the formal separation of its military wing Saraya Al-Salam from the movement,reviewing the procedures required to carry out the decision within the one-week timeframe set by Al-Sadr.
facebookالمكتب الخاص لسماحة السيد مقتدى الصدر
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The Meeting Of The Committee Commissioned By His Eminence Commander Muqtada Al-Sadr (May Allah Be Glorified) About The Dissolution Of The Peace Secrets - Private Office / Al-Najaf Al-Ashraf
In accordance with the statement of His Eminence Commander Muqtada Al-Sadr (May Allah be glorified), which ordered the completion of the procedures of disbanding the military side of the Peace of the Shiite National Stream for a maximum of one week, the commission announced today, Friday the twelfth of the month of Dhu-Hajj 1447 corresponding to the 29th-ninth From May 2026, for the purpose of following up the completion of the procedures of dismantling the military side of the Peace Army from the National Shiite Stream and the implementation of what is stated in the statement of His Eminence Commander Muqtada Al-Sadr (May Allah be glorified), where the meeting included both the Director of the Special Office of His Eminent Mr. Haider Al-Jabri and the Military Adviser Brother Abu Dua Al-Essawi and the assistants The jihadi, brother Tahsen Al-Hamidawi, and the official of the written buildings, Mr. Sheikh Mohammed Al-Aboudy, reviewing the most important procedures related to the implementation of the decision of His Eminence Commander Muqtada Al-Sadr (May Allah be glorified).
Earlier today, Prime Minister Ali Al-Zaidi noted that the government remains committed to placing all weapons under state control, upholding the rule of law, combating corruption, and reinforcing Iraq's sovereignty and regional standing, while pursuing broader international engagement in line with the guidance of the Supreme Religious Authority.
المكتب الاعلامي لرئيس الوزراء العراقيfacebook
Prime Minister Ali Falah Al-Zaidi Receives A Group Of Elders Of Clans And Faces On The Occasion Of Eid Al-Adha
••••••••••
Today, Friday, the Prime Minister of the Cabinet, Mr. Ali Falah Al-Zaidi, received a group of clan elders and congratulators on the occasion of Eid Al-Adha.
His lordship affirmed his respect for the noble tribes, which represent a social umbrella that offers the state the best of the abilities, leadership and administrative elements, pointing to the government's keenness to support this social entity, which since the beginning of the founding of the Iraqi state, has been a pillar of its existence and defender in the most difficult circumstances.
Mr. Prime Minister emphasized that the government is determined to proceed with the project of confiscation of arms by the state, not allowing the violation of the power of law, fighting corruption, strengthening the power and sovereignty of Iraq, and opening up to building regional and international relations for the betterment of Iraq, all of which are principles called for by the Supreme Reference.
•••••
Media office of the Prime Minister 29- MAY-2026 Al-Sadr’s office said earlier this week that civilian bodies affiliated with Saraya Al-Salam will be transferred to Al-Bunyan Al-Marsous without retaining any headquarters, weapons, uniforms, titles, or other military-related assets. He also called on factions within the Popular Mobilization Forces (PMF) to distance themselves from what he described as partisan and sectarian directives.
Meanwhile, a government source told Shafaq News that the move came in response to Al-Zaidi's direct messages to political groups with armed wings, urging them to dismantle those formations and integrate their members into official institutions.
The move comes amid growing debate over regulating weapons outside state control and restructuring armed factions. Iraqi officials have been discussing a phased plan, expected to begin after Eid Al-Adha holidays end on May 31, under which some groups could transition into political organizations while others may be integrated into the Popular Mobilization Forces (PMF).
Read more: Iraq’s disarmament debate: Why unity masks deep divisions
https://shafaq.com/en/Iraq/Muqtada-Al-Sadr-launches-Saraya-Al-Salam-handover-to-state
After Al-Sadr’s Saraya Al-Salam Decision, Is Iraq Closer To Restricting Weapons To The State?
2026-05-29 Shafaq News Debate over armed factions in Iraq has resurfaced after Iraq’s Patriotic Shiite Movement (PSM – formerly Sadrist) leader Muqtada al-Sadr announced the separation of Saraya al-Salam from his movement and its integration into the state, reviving questions over uncontrolled weapons and their relationship with state institutions.
Welcomed by Iraq’s newly formed government headed by Ali al-Zaidi, the move comes amid broader international pressure, particularly from the United States, which has tied its support for Baghdad to efforts aimed at controlling armed factions and limiting their military and political influence within state institutions.
Origins of the Factions
Most of Iraq’s current armed factions emerged in the aftermath of the US 2003 invasion that toppled Saddam Hussein’s regime. Their influence expanded significantly after ISIS seized large Iraqi cities in 2014.
At that stage, Saraya al-Salam was formed as a military force following al-Sadr’s call to protect Shiite holy sites, while other factions were incorporated into the Popular Mobilization Forces (PMF), which later evolved into an official umbrella organization for numerous armed groups.
Rather than ending competing centers of power, that integration produced a complex structure involving the state, armed factions, political authorities, and parties, making the issue of restricting weapons to state control one of Iraq’s most difficult challenges.
Al-Sadr and Weapons
Considered one of the central figures in this issue, al-Sadr previously established the al-Mahdi Army after 2003 before dissolving it and later reconstituting Saraya al-Salam in 2014.
In his latest announcement, al-Sadr said the separation of Saraya al-Salam “comes in the public interest and to avoid dangers surrounding the country,” while calling for all civilian bodies affiliated with the group to become unarmed civilian institutions and for all military matters to be transferred entirely to the state.
For observers interviewed by Shafaq News, the move signals a shift from rhetoric advocating state control of weapons toward practical implementation within al-Sadr’s own movement, placing other factions under direct political pressure.
Read more: Iraq’s armed factions and the disarmament debate: Why unity masks deep divisions
State Priority
Prime Minister Ali al-Zaidi described the initiative as “an important step to strengthen stability and consolidate the principle of the state’s monopoly on weapons,” calling on all factions to operate under state authority. “The state is the only entity authorized to carry weapons and enforce the law.”
Researcher and academic Alaa Najah told Shafaq News that the government’s position was longstanding, noting that the prime minister had repeatedly emphasized the importance of restricting weapons to the state to strengthen institutions, preserve internal stability, and reassure the Iraqi public.
According to Najah, building a strong state begins with consolidating the monopoly of weapons in the hands of official institutions, “as a fundamental step to protect sovereignty and enhance security and stability, away from escalation or division.”
Divisions Among Factions
Despite the official welcome, positions among armed factions remain divided. Circulating reports and statements indicate that some factions have shown preliminary willingness to engage in a process of “regulating weapons,” while others, most notably Harakat al-Nujaba and Kataib Hezbollah, reject any path leading to disarmament.
Political writer and researcher Mohammed al-Yasiri said the issue is not about surrendering weapons, but regulating and restricting them. Speaking to Shafaq News, he added that while some factions support the project of restricting weapons, “others are seeking guarantees related to responding to any potential external threat.”
Al-Yasiri also pointed to a difference between the Iraqi and American visions, noting that Washington focuses on stopping the use of drones and missiles, whereas Iraq is discussing the regulation of medium and heavy weapons.
Multiple Centers of Decision-Making
Political analyst Ramadan al-Badran noted that al-Sadr’s latest move “reflects a national orientation that supports the state,” but other factions “differ like their affiliations, as some are influenced by external powers and do not possess full independence in decision-making.”
Al-Badran told Shafaq News that factions closely linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) require “solutions that go beyond Iraq” and involve broader regional coordination, stressing, “the Iraqi political system itself contributed to producing this structure during previous stages.”
Read more: Multiple actors, one battlefield: Iraq since the US-Israel-Iran war began
US Pressure
International pressure from the United States has also intensified, with Washington linking support for the Iraqi government to distancing armed factions from state institutions.
Earlier, the United States opposed the participation of armed factions in government unless they are disarmed, while also demanding an end to state funding for some groups, further complicating Iraq’s internal political landscape.
Observers concluded that Iraq now faces two options. Continuing the policy of “containment” adopted by previous governments, or moving toward a genuine restructuring of the relationship between the state and armed factions.
Written and edited by Shafaq News staff.
Green Policy is Deadlier Than Guns
Green Policy is Deadlier Than Guns
Notes From the Field By James Hickman (Simon Black / Sovereign Man May 29, 2026
Every year around this time, a silent killer sneaks its way onto European shores and slaughters people by the tens of thousands. Last year, it killed more people in just three months than the number of civilians killed in the war in Ukraine all year. It killed three times as many people as traffic accidents do. And it killed FOUR times more Europeans than gun violence killed in America. I'm not talking about COVID. Or even the legions of migrants invading the continent.
Green Policy is Deadlier Than Guns
Notes From the Field By James Hickman (Simon Black / Sovereign Man May 29, 2026
Every year around this time, a silent killer sneaks its way onto European shores and slaughters people by the tens of thousands. Last year, it killed more people in just three months than the number of civilians killed in the war in Ukraine all year. It killed three times as many people as traffic accidents do. And it killed FOUR times more Europeans than gun violence killed in America. I'm not talking about COVID. Or even the legions of migrants invading the continent.
This deadly scourge that kills tens of thousands of Europeans each year is the lack of air conditioning.
Heat killed 62,775 people across the continent in the summer of 2024, according to a study in Nature Medicine.
The World Health Organization calls it the leading "climate-related" cause of death in the region.
But in reality, these deaths are directly related to the fanatical green environmental policies of European governments, which have made the electricity to run air conditioning prohibitively expensive.
Roughly 19% of European homes have A/C, versus 90% in the US.
The simple reason is the bill: electricity in Germany costs about 2.5 times what it does in the US. Starting in 2011, Germany shut down every one of its nuclear reactors and bet its grid on wind and solar — in a country where the sun barely shines.
European media and politicians have also spent a generation making anyone who even thinks about buying A/C feel like a moral failure.
The result is a continent that has made cooling both unaffordable and shameful; then they act surprised when 60,000 people die in a heat wave.
The dead are not the only price paid. For decades, German manufacturing thrived because one machine could produce more than a thousand workers in the developing world.
But Germany's high-tech manufacturing model only worked because the electricity to run those machines was reliable and affordable. But the German government has spent twenty years making energy either too expensive or, on certain days, simply unavailable.
Germany used to have inexpensive electricity thanks to its nuclear reactors. But the green fanatics have succeeded in shutting those reactors down, resulting in higher electric prices.
The bill for that policy lands on the factory floor. The German Association of the Automotive Industry reported on May 13, 2026 that German automakers have already shed 100,000 jobs since 2019, with another 125,000 projected to disappear by 2035.
German Chancellor Friedrich Merz has called the nuclear phase-out "a mistake," and said "I regret this." Yet in the same breath he explained that "it is the way it is, and we are now concentrating on the energy policy we have."
In other words, they acknowledge that they made a huge mistake. But they also admit that they aren't going to fix it.
Perversely, the simple act of admitting a mistake (even without fixing it) is actually progress for a politician.
Just look at their immigration policy— they won’t even admit the mistake of importing legions of gang-raping foreigners who do not respect laws and have no problem committing violence.
The bill for that policy has come due in the same way the energy bill came due: in bodies.
In August 2024, Solingen's Festival of Diversity got a firsthand demonstration of what they were celebrating when a Syrian asylum seeker stabbed three people to death.
Four months later, a Saudi national drove a rented SUV through Magdeburg's Christmas market, killing six and injuring 200.
In January 2025, an Afghan asylum seeker— already under an active deportation order German authorities had failed to enforce— stabbed a two-year-old boy and a 41-year-old man to death in a public park in Aschaffenburg.
By November 2025, German cities had begun canceling their Christmas markets outright. One reopened after spending more than €250,000 on concrete barriers to keep trucks from being driven into shoppers a second time.
The state's response to imported violence is not to stop importing it. It is to cancel Christmas.
The pattern is always the same: even when governments make an enormous mistake, they lean into it. They rarely fix anything, they just continue with a destructive policy.
And anyone who actually does try to fix it gets ridiculed, canceled, or shot.
One current example from the US is the LA mayoral election.
The incumbent mayor, Karen Bass, has presided over the worst destruction the city has seen in decades. She does nothing about the homeless problem— in fact recently stated that taxpayers should pay for new teeth for homeless meth addicts so that they can have dignity.
Her only positive contribution, in her own words, is that she was “out of the country” when the Palisades wild fires started in January 2025 and that she did “not start the fires” herself. That’s a pretty low bar for success.
Her opponent, Spencer Pratt, just wants to fix the city. He presents real solutions to real problems, yet he is the one that the media paints as a fringe lunatic— not the lady who wants to give taxpayer-funded teeth to meth addicts.
Politicians do not just refuse to fix their mistakes; they save their loudest contempt for whoever is rude enough to mention them, or daring enough to fix them.
There may still be a way forward here. Maybe more responsible, more sensible people start running... and maybe voters will be responsible and sensible enough to elect them. Maybe this happens before it’s too late, and America can finally turn things around.
But there’s also a rational possibility that doesn’t happen... and that’s why it’s worth having a Plan B.
To your freedom, James Hickman Co-Founder, Schiff Sovereign
PS— Having a Plan B is not hysteria. It’s not unpatriotic. It’s a rational common-sense move to mitigate obvious risks.
The fact is that we have much more control over our circumstances than the ‘experts’ would have us believe. It is possible to get inflation’s impact on your life under control. To reduce your current and future tax bill. To reduce the risk of future social chaos. To set your family up for long-term success.
These are all sensible precautions and part of a smart Plan B strategy; we have been providing these solutions for years, and invite you to learn more about our research.
Stephanie Starr: The Clarity Act Process is Officially Moving Deeper
Stephanie Starr: The Clarity Act Process is Officially Moving Deeper
5-29-2026
The CLARITY Act process is officially moving deeper into the Senate process and honestly… this is probably the furthest we’ve seen real crypto legislation progress in a long time.
Banking Committee markup completed
Banking Committee approval passed
Agriculture Committee + Banking Committee now working to merge the final text
Stephanie Starr: The Clarity Act Process is Officially Moving Deeper
5-29-2026
The CLARITY Act process is officially moving deeper into the Senate process and honestly… this is probably the furthest we’ve seen real crypto legislation progress in a long time.
Banking Committee markup completed
Banking Committee approval passed
Agriculture Committee + Banking Committee now working to merge the final text
Final Senate version expected next
Senate floor scheduling after that
Senate debate & vote
Presidential signature
Senator Lummis said after markup that it could take around 3 weeks to:
merge the language,
finalize the text,
and attempt to get it on the Senate floor.
Today marks the 2-week point since markup… meaning we may be entering the most important stretch of the process right now. This isn’t just XRP people watching anymore:
the White House is talking crypto,
the SEC is talking crypto,
the CFTC is talking crypto,
senators are publicly engaging,
and industry leaders are openly pushing for regulatory clarity.
“When does this become a live Senate floor event?” Because once that happens… the conversation changes completely.
Time is running short.
Congress is scheduled to return from the Memorial Day recess on Tuesday, June 3, 2026.
That’s one reason a lot of crypto watchers are circling the first half of June- possible merged CLARITY Act text, and potential Senate floor scheduling activity.
If leadership wants movement before the July 4th recess as President Trump wants, June becomes the key working window.
All eyes on Crypto from June 4th-June 26th.
US Senate Banking Committee: Chairman @SenatorTimScott agrees with @USTreasury@SecScottBessent: it is time to make America the crypto capital of the world. That is why he advanced the Clarity Act through a bipartisan markup to deliver clear rules of the road and bring crypto innovation onshore.
Watch on X: https://twitter.com/i/status/2060075047138603133
Source(s):
• https://x.com/StephanieStarrC/status/2060040781012881438
America Is Doing Exactly What It Did In 1970. The $100 Trillion Currency Collapse
America Is Doing Exactly What It Did In 1970. The $100 Trillion Currency Collapse
Unfolded Finance: 5-29-2026
On August 15th, 1971, Richard Nixon went on television and told the world the dollar would no longer be convertible to gold. He called it temporary. It wasn't.
What followed was the 1970s — a decade of inflation, dollar erosion, and a grinding destruction of savings that only ended when Paul Volcker raised rates to 20% and accepted a brutal recession.
America Is Doing Exactly What It Did In 1970. The $100 Trillion Currency Collapse
Unfolded Finance: 5-29-2026
On August 15th, 1971, Richard Nixon went on television and told the world the dollar would no longer be convertible to gold. He called it temporary. It wasn't.
What followed was the 1970s — a decade of inflation, dollar erosion, and a grinding destruction of savings that only ended when Paul Volcker raised rates to 20% and accepted a brutal recession.
The fix worked because federal debt was 32% of GDP. Volcker's medicine was survivable. America's federal debt today is 124% of GDP. Annual interest payments have crossed $1.1 trillion — more than the entire defense budget.
Add unfunded Social Security and Medicare obligations and the total gap between what America has promised and what its revenues can cover exceeds $100 trillion.
The structural over-commitment that forced Nixon's hand in 1971 is running again — not as a formal gold window closure, but as a continuous, gradual, almost invisible detachment of the dollar from the fiscal discipline that gives a fiat currency its long-term credibility.
The 1970s fix isn't available this time. The debt is too large to survive the interest rates that previously cured the inflation.
What You'll Learn:
▸ Why Bretton Woods worked for 25 years — and the specific mechanism that made it structurally impossible to maintain after 1968
▸ Why Nixon's gold window closure was not recklessness — and what "controlled default vs uncontrolled default" actually meant in August 1971
▸ How the 1970s affected ordinary Americans who had done everything right by the standards of the previous system
▸ Why today's structural gap — $36T debt, $1.1T interest, $80T unfunded liabilities — replicates 1971's gold gap at $100 trillion scale
▸ What "financial repression" means in practice — and why it is the mechanism that resolves the current gap without a formal announcement
▸ Why Volcker's 1982 fix is structurally unavailable at 124% debt-to-GDP — and what that means for the resolution that comes instead
▸ What the 1970s looked like from inside — and why the decade was only named in retrospect by people who lived through it without knowing
The Timeline:
1944 — Bretton Woods establishes dollar-gold convertibility at $35/oz; global reserve system built on this promise
1965-1968 — Vietnam spending and Great Society programs create structural deficit; dollar claims begin exceeding gold reserves
1969-1971 — France demands gold for dollars; Fort Knox visibly draining; gap between promise and reserves becomes unsustainable
August 15, 1971 — Nixon closes gold window; Bretton Woods ends; dollar floated 1973 — First oil shock; dollar weakness compounds inflation
1974-1979 — Stagflation decade; CPI triples; dollar loses 35% against major currencies
1979-1981 — Volcker raises rates to 20%; brutal recession; debt at 32% GDP makes medicine survivable
1982 — Inflation broken; dollar credibility restored; reconstruction complete
2008-2022 — Fed balance sheet grows
$900B to $8.9T; structural deficit becomes permanent
June 2022 — CPI peaks 9.1%; 40-year inflation high
2025 — $36.2T debt; $1.1T interest payments exceed defense budget; $9T maturing debt refinancing at high rates
America is making the same decision again. Not in a conference room on a Sunday night. In every budget resolution that doesn't close the gap.
Seeds of Wisdom RV and Economics Updates Friday Afternoon 5-29-26
Good Afternoon Dinar Recaps,
XRP Enters Mainstream Banking as SoFi Expands Crypto Access to Millions
The addition of XRP to a federally chartered U.S. bank signals growing integration between digital assets and traditional finance.
Good Afternoon Dinar Recaps,
XRP Enters Mainstream Banking as SoFi Expands Crypto Access to Millions
The addition of XRP to a federally chartered U.S. bank signals growing integration between digital assets and traditional finance.
Overview
SoFi has reportedly become the first nationally chartered U.S. bank to support XRP deposits, giving approximately 13.7 million customers access to buy, sell, and hold XRP directly through its banking platform. The move marks another step toward the integration of cryptocurrency into regulated financial infrastructure and highlights the growing convergence between traditional banking and digital assets.
Key Developments
1. SoFi Adds XRP Access for 13.7 Million Customers
SoFi confirmed that users can now deposit and manage XRP alongside cryptocurrencies such as Bitcoin, Ethereum, and Solana. Because SoFi operates as a federally regulated financial institution under oversight from the Office of the Comptroller of the Currency, the move is being viewed as a significant milestone for mainstream crypto adoption.
2. XRP Moves Closer to Traditional Financial Integration
Unlike crypto-native exchanges, SoFi provides banking, lending, savings, and investment services in one platform. Analysts say adding XRP into a familiar banking application lowers barriers for everyday users who may have avoided separate crypto exchanges or external wallets.
3. Institutional Interest in XRP Ledger Continues Growing
There is increasing institutional attention surrounding the XRP Ledger and tokenized assets. Reports from the Digital Assets Forum 2026 noted expanding use cases involving cross-border payments, tokenization, and transparent settlement systems.
4. Crypto Adoption Continues Expanding Inside Regulated Finance
SoFi’s gradual rollout of cryptocurrencies reflects a broader trend of regulated institutions slowly embracing digital assets. Industry observers believe this may encourage additional banks and financial firms to explore similar integrations as demand for digital asset services grows.
Why It Matters
The integration of XRP into a federally chartered banking institution represents another step toward the normalization of digital assets within traditional finance. As cryptocurrencies become more accessible through regulated platforms, the line between conventional banking and blockchain-based finance continues to narrow.
Why It Matters to Foreign Currency Holders
Expanding digital asset adoption could increase interest in alternative financial systems
Cross-border payment technologies may challenge portions of the traditional banking structure
Greater institutional participation may accelerate discussions surrounding tokenized finance and settlement systems
Implications for the Global Reset
Pillar 1: Digital Asset Integration Into Banking
The move suggests traditional financial institutions are becoming more willing to incorporate blockchain-based assets into everyday banking infrastructure.
Pillar 2: Evolution of Cross-Border Financial Systems
Growing use of blockchain payment networks and tokenized assets may gradually reshape how international transactions and settlements are processed in the future.
Closing Insight
While XRP’s addition to SoFi does not replace the traditional banking system, it demonstrates how digital assets are steadily moving deeper into regulated financial environments. The broader trend suggests that blockchain technology is becoming increasingly difficult for mainstream finance to ignore.
This is not just crypto adoption — it’s another step toward merging digital assets with the future of global finance.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
~~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
RV Facts with Proof Links Link
RV Updates Proof links - Facts Link
Follow the Gold/Silver Rate COMEX
Follow Fast Facts
Seeds of Wisdom Team™Website
Thank you Dinar Recaps
Basel III Endgame: Why Banks Are Quietly Moving Into Gold
Basel III Endgame: Why Banks Are Quietly Moving Into Gold
Lynette Zang: 5-29-2026
Basel III quietly changed the rules for physical gold, and major banks may already be repositioning behind the scenes.
In this video, Kenneth Mraz breaks down why banks can now swap cash for gold without alarming regulators or the public, what this could mean for fiat currency, and why the financial system may be far more fragile than most people realize.
Basel III Endgame: Why Banks Are Quietly Moving Into Gold
Lynette Zang: 5-29-2026
Basel III quietly changed the rules for physical gold, and major banks may already be repositioning behind the scenes.
In this video, Kenneth Mraz breaks down why banks can now swap cash for gold without alarming regulators or the public, what this could mean for fiat currency, and why the financial system may be far more fragile than most people realize.
Chapters:
0:00 Basel III End Game Explained
0:16 Why Big Banks Are Quietly Preparing
0:44 The “Quiet” Basel III Shift in 2025
1:08 Physical Gold Becomes a Tier One Asset
1:37 Why Banks Can Secretly Swap Cash for Gold
2:15 Are Banks Executing a Stealth Exit From Fiat?
2:45 “Melting Ice”: Why Cash May No Longer Be Safe
3:15 Banks Building Lifeboats While the Public Watches the Ship
3:47 The Derivatives Exposure Threat Nobody Talks About
4:22 Why Bullion Could Protect Banks During a Reset
4:50 How Deposits Could Become Collateral Damage
5:23 Building a Financial Fortress Before the Storm
News, Rumors and Opinions Friday 5-29-2026
KTFA:
Clare: FYI: The Cabinet, decided to suspend official working hours in all ministries and state institutions from Tuesday, May 26, until Saturday, May 30, on the occasion of Eid al-Adha.
The statement indicated that official working hours would resume on Sunday, May 31. It added that official working hours would also be suspended on Thursday, June 4, in all ministries and government institutions on the occasion of Eid al-Ghadir.
*TOMORROW IS THE LAST DAY OF THE Eid al-Adha HOLIDAY ... AND THEN THERE IS A HOLIDAY ON THURSDAY, JUNE 4TH
KTFA:
Clare: FYI: The Cabinet, decided to suspend official working hours in all ministries and state institutions from Tuesday, May 26, until Saturday, May 30, on the occasion of Eid al-Adha.
The statement indicated that official working hours would resume on Sunday, May 31. It added that official working hours would also be suspended on Thursday, June 4, in all ministries and government institutions on the occasion of Eid al-Ghadir.
*TOMORROW IS THE LAST DAY OF THE Eid al-Adha HOLIDAY ... AND THEN THERE IS A HOLIDAY ON THURSDAY, JUNE 4TH
Tishwash: Former MP: The government faces two paths: borrowing or raising the exchange rate.
5/27/2026 Information/Baghdad...
Former member of the parliamentary finance committee, Abdul Hadi Mouhan, confirmed that the new government faces two paths: either external borrowing or increasing the exchange rate domestically in order to increase revenues under the current circumstances.
Mohan told Al-Maalomah, “There are two paths for the new government led by Ali Al-Zidi to ensure the securing of expenses, especially operational ones, by moving towards external borrowing, which is the most dangerous path that Iraq will face if it goes in this direction.”
He added that "the second path that the government may resort to in order to increase its revenues is to go towards raising the exchange rate, which is the least dangerous path compared to going towards external borrowing, which is a double-edged sword for Iraq."
He indicated that "the government will most likely move towards raising the exchange rate in the upcoming budget in order to address the existing inflation and the deficit in the federal budget, and to ensure that the economic situation does not collapse." LINK
****************
Clare: The Prime Minister orders a review of government contracts, the identification of those responsible for wasting public funds, and their referral to the judiciary.
5/28/2026 Baghdad /
Prime Minister Ali Faleh al-Zaidi has ordered the relevant oversight bodies and law enforcement authorities to review government contracts, identify those responsible for wasting public funds, and refer them to the judiciary.
Al-Zaidi directed the oversight bodies to initiate investigative procedures into a number of important contracts previously concluded by ministries and government institutions, to determine their compliance with laws and regulations, and their adherence to public rights and interests. This is a preliminary step to uncovering shortcomings and identifying those responsible for injustices and the misuse of public funds, as well as those who benefited from these contracts at the expense of the public interest.
Al-Zaidi also directed that the results of the investigations be submitted to the competent judicial authorities as quickly as possible, in order to protect public funds, deter those who manipulate them, apprehend them, and bring them to justice LINK
Courtesy of Dinar Guru: https://www.dinarguru.com/
Jeff Things have tremendously, significantly changed since the new government's been in. They're preparing to revalue ...Because the new government takes Iraq to the next stage and the next phase.
Militia Man Over the past 48 hours we've seen a remarkable convergence of signals across political, financial, digital and economic fronts. The government under the prime minister Al-Zaidi is hitting the ground running with clear execution focus. He is a technocrat. He's taking charge now over the foundation Al-Sudani put in place...all advancing at the same time...
Stephen I have never been more positive about the Iraqi dinar revaluing as I am right now. However...we have to watch things play out...Things are positive. Things are moving. We're watching things play out right before our very eyes. We're watching all the Iranian corruption in the country of Iraq slowly but surely get removed. Everything is working in our favor.
************
Why Is Trump Threatening Ft. Knox Gold Audit Again | Stefan Gleason
Arcadia Economics: 5-18-2026
All of a sudden Trump's talking about auditing the Fort Knox gold again.
Which seems to come at a mysterious time, and to dig into what's going on behind the scenes with that, Stefan Gleason of Money Metals joins me on the show.
So to find out more, click to watch this video now!