Here's How The Systemic Financial Crisis Goes Down | John Rubino

Here's How The Systemic Financial Crisis Goes Down | John Rubino

Liberty and Finance:  1-18-2025

John Rubino highlights the growing risks within the homeowners insurance sector, suggesting it could trigger a broader financial collapse.

 Insurance companies are struggling to stay profitable as natural disasters become more frequent and costly, while civil unrest adds further strain on property coverage.

 Rubino warns that the economy is fragile, over-leveraged, and could face a more severe recession than the last one. He argues that inflation is a significant policy error and the reverse wealth effect could slow economic growth.

Insurance, he concludes, is crucial for a stable economy, but current trends are jeopardizing its viability.

INTERVIEW TIMELINE:

0:00 Intro

01:55 The Role of Homeowners Insurance

05:10 Insurance Companies and Natural Disasters

09:54 Economic Implications of Insurance Risks

13:43 Civil Unrest and Its Impact on Insurance

 20:11 The Growing Cost of Natural Disasters

25:17 The Fragility of the Financial System

https://www.youtube.com/watch?v=hpaMBTHAWss

Iraq Economic News and Points to Ponder Late Saturday Evening 1-18-25

Iraq's Internal Debt Between Security Crises, Oil And The Pandemic

Time: 2025/01/18 10:46:25 Read: 1,495 times   {Economic: Al Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Salih, explained today, Saturday, that the roots of the increase in internal debt in Iraq go back to two stages over a decade.

The first stage was linked to the security/financial crisis that occurred during the war on ISIS terrorism, and the accompanying drop in oil prices to levels in which a barrel of oil lost about 60% of the value of its estimated revenues.

Saleh added in his statement to {Euphrates News} that “the impact of this decline was reflected in the revenues of the general budget, in which oil revenues constitute nearly 90% of the total revenues, and that the internal debt is from treasury transfers whose repayment period is one year with an average interest rate ranging between 4 to 5%, in addition to a small portion of other bonds with different repayment periods, all of which are issued by the Ministry of Finance, and followed exclusively by government banks in most cases.”

He pointed out that "the scene was repeated in the second phase, as the domestic debt increased again between 2020 and 2021 due to the financial crisis resulting from the decline in oil prices by almost the same percentage, which coincided with the Corona pandemic (Covid-19) crisis and the closure of the global economy, which was called at the time (the financial/health crisis)." LINK

Iraq Looks Forward To Enhancing Bilateral Cooperation Under The Next US Administration

Time: 2025/01/18 19:16:43 Read: 728 times   {Local: Al Furat News} Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, received today, Saturday, the new Chargé d'Affaires of the US Embassy in Baghdad, Daniel Rubinstein.

A statement by the Foreign Ministry, a copy of which was received by {Euphrates News}, stated that: “At the beginning of the meeting, Hussein offered his congratulations to Rubinstein on the occasion of his assuming his new duties, where he stressed the depth of Iraqi-American relations, while expressing Iraq’s aspiration to enhance bilateral cooperation under the next American administration.”

He added, "The meeting witnessed in-depth discussions on bilateral relations between the two countries, in addition to reviewing regional conditions, especially the situation in Syria. The two sides also touched on current political developments and the pivotal role played by Western countries, primarily the United States, in the course of events inside Syria."

He added, "The two parties also discussed the outcomes of the Riyadh Conference on Syria, which witnessed the participation of the US Under Secretary of State, and stressed the importance of following up on the recommendations that emerged from the conference."

At the end of the meeting, Hussein stressed "the importance of strengthening cooperation between Iraq and the United States in a way that serves common interests and contributes to achieving regional stability."  LINK

UN Representative Explores Nasiriyah Marshes on River Tour

Number of readings: 97 Saturday 18 January 2025 19:22 | Economic  Baghdad / NINA / The Special Representative of the Secretary-General of the United Nations in Iraq, Head of the United Nations Assistance Mission (UNAMI), Ambassador Mohammed Al-Hassan, conducted an exploratory river tour in the Nasiriyah marshes today, Saturday, accompanied by the Minister of Water Resources, Aoun Diab, and the dismissed Governor of Dhi Qar, Murtada Al-Ibrahimi. / End 5
https://ninanews.com/Website/News/Details?key=1180774

UN Representative Explores Nasiriyah Marshes On River Tour

Number of readings: 97 Saturday 18 January 2025 19:22 | Economic   Baghdad / NINA / The Special Representative of the Secretary-General of the United Nations in Iraq, Head of the United Nations Assistance Mission (UNAMI), Ambassador Mohammed Al-Hassan, conducted an exploratory river tour in the Nasiriyah marshes today, Saturday, accompanied by the Minister of Water Resources, Aoun Diab, and the dismissed Governor of Dhi Qar, Murtada Al-Ibrahimi. / End 5
https://ninanews.com/Website/News/Details?key=1180774

Basra Crude Records Weekly Gains Of $8.24

Economy  |Mawazine News – Baghdad  Basra crude prices recorded weekly gains of $8.24. The prices were as follows:

Basra Heavy crude closed down 95 cents at $78.43 in its last session, posting weekly gains of $8.24, or 11.74%. Basra Medium crude also closed down 95 cents at $81.68 in its last session, posting weekly gains of $4.92, or 6.41%.   https://www.mawazin.net/Details.aspx?jimare=258711

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Sunday Morning 1-19-25

Good Morning Dinar Recaps,

SENATOR INTRODUCES BILL TO CEMENT TEXAS AS THE FIRST STATE WITH A BITCOIN RESERVE

Texas aims to lead the digital revolution with a groundbreaking “Strategic Bitcoin Reserve Act,” securing economic resilience and innovation through state-managed bitcoin integration.

Texas Proposes Strategic Bitcoin Reserve to Revolutionize State Finances

Texas State Senator Charles Schwertner has introduced Senate Bill 778, known as the “Texas Strategic Bitcoin Reserve Act,” to establish a state-managed bitcoin reserve. Schwertner emphasized the significance of this initiative on social media platform X on Jan. 15, stating:

It’s time for Texas to lead the way in establishing a Strategic Bitcoin Reserve. That’s why I filed SB 778, which, if passed and signed into law, would make Texas the first state in the nation to establish a Strategic Bitcoin Reserve.

“This would position our state at the forefront of the digital economy, driving growth and securing economic freedom for our great state!” he added.

The bill outlines measures for the secure management of bitcoin within the state treasury, administered by the Texas Comptroller. Provisions include the use of “cold storage” for secure custody, regular audits, and policies ensuring transparency and best practices in digital asset management. Residents and organizations would be allowed to donate bitcoin to the reserve, with acknowledgment certificates available for contributors. 

The legislation highlights bitcoin’s potential to hedge against inflation, strengthen financial resilience, and foster innovation in digital finance. Regular reporting would keep the public informed of the reserve’s status and performance.

If enacted, the Texas Strategic Bitcoin Reserve Act would position the state as a leader in the digital economy. The bill also establishes protocols for bitcoin transactions, limiting them to emergency or legislative-approved scenarios to maintain oversight and accountability.

An advisory committee would provide recommendations on the reserve’s operations and security.

Senator Schwertner’s initiative underscores Texas’s vision of promoting economic freedom and growth through strategic digital asset integration. The act will take effect immediately with a two-thirds legislative vote or on Sept. 1 otherwise.

The push for state-level bitcoin reserves comes amid a broader trend of legislative interest in digital assets. President-elect Donald Trump has floated the idea of a national strategic bitcoin reserve, suggesting its potential to enhance U.S. financial leadership. Similarly, U.S. Senator Cynthia Lummis has proposed legislation to establish a strategic bitcoin reserve.

@ Newshounds News™

Source:  Bitcoin News

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WYOMING AND MASSACHUSETTS JOIN GROWING LIST OF STATES CONSIDERING BITCOIN RESERVES

State Bitcoin reserve momentum is still growing, while Coinbase backed the idea of a federal BTC stockpile for the first time publicly.

Wyoming and Massachusetts have joined the expanding number of U.S. states that may soon vote on establishing Bitcoin reserves, with representatives from both states submitting draft legislation supporting the initiative on Friday.

In Wyoming, a group of five Republican legislators submitted a bill that would permit the state treasurer to invest public funds in Bitcoin, but no other digital assets.

In recent weeks, other states have put forth slightly more permissive bills, which would in some cases allow states to invest in stablecoins and other cryptocurrencies that surpassed $500 billion in market capitalization—though as of this writing, Bitcoin is the only asset that meets that requirement.

Wyoming’s bill is also more restrictive in another regard: It would only permit its treasurer to invest 3% of a given state fund in Bitcoin. Proposed legislation in other states, such as Pennsylvania and Oklahoma, would allow for investments in digital assets to make up 10% of similar public funds.

Meanwhile, in deep blue Massachusetts, a lone Republican state senator proposed a bill on Friday proposing the establishment of a Bitcoin strategic reserve. 

That act, submitted by Peter Durant, is more permissive than Wyoming’s, and would allow for up to 10% of Massachusetts’ rainy day fund to be comprised of Bitcoin or any manner of digital asset.  

At this point, nearly one-fifth of all U.S. state legislatures are poised to soon formally weigh whether to invest public funds in Bitcoin and other cryptocurrencies. Every such proposal has been submitted in the aftermath of Donald Trump’s re-election in November, by Republicans.

Trump, long a crypto skeptic, abruptly changed tack on the campaign trail this year after being a noted Bitcoin critic in the past. In July, onstage at a Bitcoin conference in Nashville, he called for the federal government to establish its own Bitcoin stockpile.

The chorus for such initiatives is rapidly gaining momentum. On Friday afternoon, Coinbase CEO Brian Armstrong publicly called for the creation of a U.S. Bitcoin strategic reserve for the first time.

“The next global arms race will be in the digital economy, not space,” Armstrong said in a company blog post. “Bitcoin could be as foundational to the global economy as gold and will become central to national security in a world where holdings of Bitcoin can shift the balance of power among nation states.”

@ Newshounds News™

Source:  Decrypt

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DORA REGULATIONS KICK IN: A NEW ERA FOR CRYPTO IN THE EU

Cryptocurrency firms operating in member states of the European Union will be required to beef up their cybersecurity and risk management as the economic bloc implements a new regulation.

EU authorities recently announced that the Digital Operational Resilience Act (DORA) took effect on January 17, a comprehensive and harmonized regional regulatory framework that will govern the digital operational resilience of financial institutions and crypto firms in member nations.

The New Regulation

EU authorities consider the DORA policy as a crucial step to enhance the digital operational resilience framework of financial institutions operating in the countries that are part of the regional bloc, saying that the new regulation aims to address the inconsistencies and gaps in the cyber risk management within the bloc.

The DORA regulation does not only apply to financial institutions and banks because it also covers crypto-asset service providers, insurance companies, investment firms, and management companies.

Cryptocurrency businesses in the European Union are subject to new cybersecurity regulations as DORA takes effect on January 17.

How Will It Impact VASP?

Analysts see that the cybersecurity and resilience practices of virtual asset service providers (VASP) in the European bloc will be greatly affected by the imposition of DORA.

Legal intelligence JD Supra stated that one of the provisions under the new EU rule is developing and reviewing ICT third-party risk management strategies such as having mandatory provisions in contracts with ICT service providers and “a registry of information documenting all existing contractual arrangements.”

This DORA provision would affect VASPs in the region because financial entities in the EU will be compelled to have a comprehensive register of their contractual arrangements with third-party IT service providers.

An official of the crypto exchange Gemini believes that DORA is essential to improve the financial sector’s operational resilience against ICT-related risks.

“In readiness for DORA, we have implemented a Digital Operational Resilience Strategy, an ICT risk management framework, ensured clear governance structures, and adopted best practices to ensure the continuity, security and resilience of our services,” Gemini head of Europe Mark Jennings explained.

Expanding MiCA Rule

Crypto analysts said that the new EU regulation is seen to expand the Markets in Crypto-Assets Regulation (MiCA), saying that the goal of DORA is to enhance the resiliency of crypto firms against disruptions and cyberattacks, protecting investors and boosting market integrity.

An executive of the crypto infrastructure firm MoonPay said that the new regulation would have a considerable impact on MiCA-licensed crypto companies.

“All crypto asset service providers licensed under MiCA are subject to the DORA requirements,” MoonPay’s deputy general counsel and head of Ireland Matt Sullivan said.

Sullivan revealed that their crypto infrastructure firm is already taking steps to become a DORA complaint entity. MoonPay got its MiCA license from the Dutch Authority for the Financial Market only last December 30, 2024.

A Challenge To Small Service Providers

Wormhole Foundation general counsel Cathy Yoon said that VASPs can deal with the provisions of DORA and have more likely implemented strict cybersecurity measures to maintain their compliance with the new regulation.

However, Yoon worried that startups and smaller service providers might find it difficult to get their DORA compliance.

“Taking a proactive approach to security and building out cybersecurity measures in line with DORA may have significant implications for smaller service providers, especially startups with limited capital to comply with DORA,” Yoon said.

@ Newshounds News™

Source:  Bitcoinist

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Thank you Dinar Recaps

The Key To Our Freedom

The Key To Our Freedom

The Final Wakeup Call by Peter B Meyer

The key to our freedom

For The Whole World To See! Exposing The ‘Khazarian’ Mafia

 The Shocking Truth

The story of what is about to happen is the biggest news story in the history of the human race on the planet Earth..

 The Deep State Cabal oppressors with their criminal puppets and phony stories of debt banking, inside jobs, mass murders, mass surveillance, terrorist attacks, plane crashes and religious deception are falling apart.

 More than 13 centuries of elite-led misinformation will soon come to an end.

• Disclosure means LIGHT and change for the healing of humanity and our planet.

 People, inside and outside governments, are beginning to speak the truth with more energy, clarity and less fear than ever before in human history. Their words are being heard, preserved and multiplied beyond the reach of our oppressors.

Many things will come to light to see the world in a different light, the revelation of these truths will show how humanity has been deceived.

 Many historical facts will be examined to find the exact truth.

TO READ MORE:  https://finalwakeupcall.info/en/2025/01/17/the-key-to-our-freedom/

“Bits and Pieces” in Dinarland Sunday AM 1-19-2025

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 Sun. 19 Jan. 2025

Compiled Sun. 19 Jan. 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 14 Jan.: “All the information is saying “Next week.” …JFK Awakening Q17 on Telegram

Wed. 15 Jan. 2025 Wolverine: Ok guys it’s definitely coming as things are in motion. Please make sure you have everything ready when we receive the green light. Remember for the Tier 4B group things won’t start (allegedly) 2 or 3hrs after the inauguration on Mon. 20 Jan.

Wed. 15 Jan. 2025 Nate: Expect the Iraqi Dinar Rate to change Jan. 20-22: https://x.com/realNateCarter/status/1879328680331313318?t=0OaJN2HGGpPKZd3lmWEbBQ&s=09

Sat. morning 18 Jan. 2025 CMKX Holders expecting notification within 72 hours

Tues. 21 Jan. 2025 US reaches it’s debt limit, Trump has to do something to fund the government.

Thurs. 16 Jan. 2025 MarkZ: “My Asian Contact said he was expecting the RV on Tues. 21 Jan. or Wed. 22 Jan.

Thurs. 16 Jan. 2025 Bruce: The Green Light has been given. The RV is supposed to be released overnight tonight to Bond Holders. Today the Iraqi Dinar was (allegedly) on the Forex and trading upward. Tier4b (us, the Internet Group) should be notified to set appointments before Mon. 20 Jan. and can (allegedly) ask for the higher Dinar Contract Rate which appears to be based on the price of oil. Banks have (allegedly) had the new US Note in stock for over a year and a half and will be(allegedly)  releasing it.

 On Sat. 25 Jan. 2025, the first phase of the wealth redistribution will (allegedly) officially commence for the general public. …JFK Jr. on Telegram

Sat. 25 Jan. 2025 Jon Dowling: On Monday it gets lit! XRP may (allegedly) go between $10-100 by Monday, based on an executive order by President Trump. This includes an EO for the Dinar! Monday changes the game for everything! They will (allegedly) implement Nesara, with half of the government trying to resist Trumps incoming. And a full audit of the Fed will occur so that the country and the world can see that the emperor truly has no clothes!

Fri. 17 Jan. 2025: The RV and Military Operations: Behind the Scenes – The Signing of a Historic Treaty by 209 Countries Aims to Redefine Global Currencies! Trust the Plan! – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2025/01/19/restored-republic-via-a-gcr-update-as-of-january-19-2025/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  I'm on pins and needles because what we're seeing is realtime data, it's no joke.   Iraq is effectively going international...

Frank26  The budget needs the new exchange rate.  It's that simple...

Bruce  [via WiserNow]  One of the major banks, that's kind of international bank that is over international redemption centers, is indicating that...we Could be notified...prior to Monday...Now, if it doesn't happen and we see it on this on the 21st which is Tuesday, then so be it.

Germany Currency Revalue vs Iraqi Dinar Adjustment

Edu Matrix:  1-19-2025

Germany Currency Revalue vs Iraqi Dinar Adjustment - Discover how Germany and Iraq transformed their currencies after major crises—Germany after World War II and Iraq post-2003 invasion.

Learn about the Deutsche Mark's role in Germany's "economic miracle" and the Iraqi Dinar's reform amidst ongoing challenges. A fascinating comparison of economic recovery and currency stabilization.

https://www.youtube.com/watch?v=fSkhAuRq_kc

“Tidbits From TNT” Sunday Morning 1-19-2025

TNT:

Tishwash:  Parliamentary Finance to Nina: Parliament will first approve the amendment to the budget law, then its schedules

The Parliamentary Finance Committee confirmed that the Council of Representatives will first approve the draft amendment to the General Budget Law, followed by the approval of the budget schedules later.

Member of the committee, MP Moeen Al-Kazemi, stated to the National Iraqi News Agency / NINA / that "the draft amendment to the General Budget Law relates to resuming oil exports from the Kurdistan Region fields at a cost of $ 16 per barrel instead of $ 6, and this is within the jurisdiction of the Ministry of Oil and the Prime Minister's advisors," noting that "the Ministry of Finance is not aware of the technical details related to this."

He explained that "the Finance Committee sought to mature and clarify the feasibility of the draft amendment to the law to the representatives, in order to pass the amendment to the text of Article 12, Second C of the General Budget Law."

He added, "The texts of the three-year budget 2023-2024-2025 are completely fixed except for the text that the government submitted an amendment to, and therefore the government decided to wait for the House of Representatives to ratify Article 12, Second C, to enable it to calculate the cost required to extract and transport oil from the fields of the Kurdistan Region," indicating that "the House of Representatives will first ratify the draft amendment to the General Budget Law and then proceed to ratify the budget tables later."

The House of Representatives is scheduled to hold its regular session this afternoon, Sunday, and its agenda includes voting on the draft first amendment to the Federal General Budget Law for the fiscal years 2023-2024-2025 No. 13 of 2023. link

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Tishwash:  Iraq tells US it looks forward to strengthening cooperation with America under Trump

 On Saturday, Foreign Minister Fuad Hussein informed the United States of Iraq's aspiration to enhance bilateral cooperation under the upcoming US administration headed by Donald Trump.

This came during the Foreign Minister's reception of the new Chargé d'Affaires of the US Embassy in Baghdad, Daniel Rubinstein, according to a statement received by Shafaq News Agency.

At the beginning of the meeting, Hussein congratulated Rubinstein on assuming his new duties, and while stressing the depth of Iraqi-American relations, he expressed Iraq's aspiration to enhance bilateral cooperation under the next American administration.

The meeting witnessed in-depth discussions on bilateral relations between the two countries, in addition to reviewing regional conditions, especially the situation in Syria. The two sides also touched on current political developments and the pivotal role played by Western countries, primarily the United States, in the course of events inside Syria, according to the statement.

According to the Iraqi statement, the two parties discussed the outcomes of the Riyadh Conference on Syria, which witnessed the participation of the US Under Secretary of State, and stressed the importance of following up on the recommendations that emerged from the conference.

At the end of the meeting, Hussein stressed the importance of strengthening cooperation between Iraq and the United States, in a way that serves common interests and contributes to achieving regional stability  link

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Tishwash:  Iraq calls on the world to conduct a comprehensive reform of the financial system and a dialogue on technology governance

The representative of Iraq to the United Nations in New York, Abbas Kazim Obaid, in his capacity as Chairman of the Group of 77 and China, delivered the group’s statement during the session of the United Nations General Assembly in which the Secretary-General reviewed the priorities of his term for the year 2025, in light of the circumstances and challenges facing the international community.

In his statement, the representative of Iraq stressed the complex and interconnected global challenges, including ongoing conflicts, the effects of climate change, poverty, hunger, high debt levels, limited financing for the Sustainable Development Goals, and the growing digital divide. He stressed the need to support developing countries in financing sustainable development through the Fourth Conference on Financing for Development.

He called for a comprehensive reform of the global financial system to address structural inequalities, ensure equitable access to long-term finance, and advance sustainable development efforts.

He also stressed the importance of fully implementing the decisions of the Conference of the Parties on Climate Change, while supporting the Secretary-General’s efforts to achieve the Sustainable Development Goals by 2030.

Obaid also called for a comprehensive international governmental process to address the digital divide, the establishment of an independent scientific team for artificial intelligence, and the launch of a global dialogue on technology governance. link

Mot: Sitting in Grandpas chair  

Mot: ... so much to do!!!!  

More News, Rumors and Opinions Saturday PM 1-18-2025

KTFA:

Parliament publishes Sunday's session agenda.. 8 paragraphs including amending the budget law

Baghdad - 964

The media department of the House of Representatives published, on Saturday, the parliament’s agenda for the session next Sunday, corresponding to January 19, which includes 8 paragraphs, including the first amendment to the Federal Budget Law.   LINK

Ariel : The Answer Shouldn’t be Hard

The Answer Shouldn’t Be Hard:

What do you all think this action would be?

What is the one thing above all that will solve this issue?

What have you been reading on my page for the past few years?

What are a dozen other countries waiting for to solve their liquidity issues?

What is the one thing that will instantly fill our reserves?

Elon Musk:  Major and immediate action is needed to prevent America from going bankrupt

Department of Government Efficiency: The last time a comprehensive review of the federal government was completed in 1984, the budget was $848 billion, national debt was $1.6 trillion & debt to GDP ratio was 38%. The budget is now $7 trillion, the national debt is $35.3 trillion & the debt to GDP ratio is 121.6%. Source:

https://www.cagw.org/thewastewatcher/proposed-musk-efficiency-commission-could-save-trillions

https://dinarchronicles.com/2025/01/17/ariel-prolotario1-the-answer-shouldnt-be-hard/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat  Article quote:  “possibility of transferring the dollar to trading platforms in the stock market, to be sold to those entitled to it through direct transactions instead of sending the dollar exclusively to banks”,  “stressing the need to organize these operations by switching to the “Forex” market,” ... WOW! WOW! WOW!  Did they just suggest using the trading platforms in the stock market i.e FOREX…. You gotta luv it… Music to my ears….

Jeff   Question:  "How long IYO will we have to exchange our 3-zero notes before they are rendered non-negotiable?"  Jeff:  ...When they phased out the old Saddam Swiss notes and put the new notes into circulation everybody had 90 days to turn in their old Saddam notes and get the new ones.  They used to have a 50 note up until 2012.  They phased out 50 note and replaced it with the 50,000 note. When everybody had to turn in their old 50 note they had 90 days as well.  My opinion is that we're all going to have 90 days to turn in our notes because that's how long they had historically from two different scenarios to turn them in.

The Foundations Of The Global Financial Markets Are Shifting...

Lynette Zang:  1-18-2025

Today's video is about the treasury markets, why things are looking very scary and why you should be paying attention to what is happening. There has been a major shift in the foundation of the global markets, you need to be prepared...

https://www.youtube.com/watch?v=-eViFt29KC8

BRICS to Expand Ranks in 2025; Gold to Reach $3200?

Swiss America Trading:  1-18-2025

One of the geopolitical challenges of 2025 is the BRICS nations' continued expansion; as over 20 more nations have applied to become part of the alliance.

 While the league's growth could change the balance of global economic power, Swiss America's Dean Heskin and Chris Agelastos break down the ripple effects.

https://www.youtube.com/watch?v=Un7MmXtd6us

Iraq Economic News and Points to Ponder Saturday Afternoon 1-18-25

An Economist Reveals The Secrets Of The Domestic Debt.. Will It Hit Banks And The Pension Fund?

Time: 2025/01/18 Read: 1,508 times  {Economic: Al Furat News} Economic expert, Salah Nouri, revealed the most prominent reasons for the rise in the internal public debt in Iraq.

Nouri told {Euphrates News} that "relying on financing the budget deficit through domestic debt instead of external debt is the main reason for the increase in domestic debt," explaining that "this approach directly affects the cash liquidity of government banks and the State Employees' Retirement Fund."

He added that "domestic debt, which relies heavily on government banks and the pension fund, reduces the ability of banks to invest in the private sector by lending to development projects, which weakens their role in supporting the economy. This situation also weakens the pension fund's ability to fulfill its financial obligations."

According to the expert's statement, "domestic debt can be positive if directed towards supporting local agricultural and industrial production, as this contributes to reducing imports in foreign currency (dollars) and strengthening the national economy."

Regarding reducing inflation, Nouri stressed that "there are several tools that can be used, most notably controlling the stability of the dollar exchange rate and diversifying revenues away from total reliance on oil, which is characterized by volatility in global markets."

He also stressed "the importance of reducing public spending in the budget, especially unnecessary spending, to achieve sustainable economic stability."  LINK

Salary Disbursement Outlet Owners Respond To Central Bank Governor’s Statements By Announcing A Strike
Saturday 18 January 2025 09:00 | Economic Number of readings: 349  Baghdad / NINA / The owners of salary disbursement outlets announced a general strike throughout Iraq, starting from the twentieth of this month, in response to the statements of the Governor of the Central Bank, Ali Al-Alaq, in which he indicated that the outlets do not have an official license or permit to work and take unofficial commissions. /  https://ninanews.com/Website/News/Details?key=1180652

Dollar exchange rates fall in Baghdad, Erbil and Basra
Saturday 18 January 2025 11:00 | Economic Number of readings: 130

Baghdad / NINA / The dollar exchange rates witnessed a slight decrease today, Saturday, in the markets and exchange offices of the capital, Baghdad, Erbil and Basra.

The selling price of the dollar in Baghdad exchange offices was 151,750 dinars, and the purchase price was 150,000 dinars, for 100 dollars.

In Erbil, the selling price of the dollar was 151,750 dinars, and the purchase price was 150,000 dinars, for 100 dollars. / End   https://ninanews.com/Website/News/Details?key=1180690

The Central Bank Of Iraq Denies The Intention To Close Cash Delivery Outlets

Banks    The Central Bank of Iraq called for caution in transmitting and circulating news about the closure of exchange outlets, and confirms that no decision, directive or statement has been issued regarding the closure of outlets or their conversion into exchange companies.

The Central Bank said in a press statement that its recently issued statement stipulates expanding the spread of cash delivery outlets through all available channels, including ATMs, POC cash payment devices, as well as authorized exchange companies, electronic payment company outlets, and POS electronic payment devices spread throughout Iraq.

The bank stressed the need to transmit news from its official sources, which are published on its official website and its verified social media pages.

He stressed that the Central Bank's circulars issued to all parties in the Iraqi financial and banking sector included directing banks and non-banking financial institutions to expand their financial services in areas that lack the aforementioned services.   https://economy-news.net/content.php?id=52055

Head Of The Security Media Cell: Iraq Is An Ideal Model For Tourism And Investment

Saray axis in old Baghdad  Local  Economy News – Baghdad  The head of the Security Media Cell, Major General Saad Maan, confirmed on Saturday that Iraq has become an ideal model for tourism and investment, noting that choosing Baghdad as the capital of tourism is a clear message that the capital is safe.

"In conjunction with choosing Baghdad as the capital of tourism, we confirm that the situation in the capital Baghdad and Iraq is completely safe," Maan said in a statement reported by the official news agency, and seen by "Al-Eqtisad News", indicating that "the factors of attraction for tourists are 100% available." He

added that "Iraq is an ideal model for tourism and investment," noting that "the government's communication with various segments and sectors is important to show the true image of the country."

He pointed out that "we attended today at the Syndicate of Journalists with the creators of purposeful content; to send messages of security and stability and to show the true positive reality of Iraq."

The Iraqi Journalists Syndicate launched, today, Saturday, the Association of Purposeful Content Creators in the Syndicate.

The official spokesman for the Journalists Syndicate, Mohammed Salam, said in a statement reported by the official news agency, and seen by "Al-Eqtisad News", that "the Syndicate today launched the Association of Purposeful Content Creators, and today it has become an integral part of the Syndicate and among the Syndicate's formations, and it will be the initiator of creating a real public opinion to defend Iraq and Iraqi society," noting that "this association is the adopter for the arrival of these celebrations or these Iraqi and national occasions to the world."  https://economy-news.net/content.php?id=52069

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 1-18-25

Good Afternoon Dinar Recaps,

RIPPLE EXEC MAKES BOLD 2025 STABLECOIN PREDICTION: DETAI

Jack McDonald, SVP of Stablecoin at Ripple, has made a bold prediction for the stablecoin market, declaring 2025 as "the year of the stablecoin." McDonald stated that as U.S. regulation advances, the stablecoin market will benefit from clearer guidelines and standards. 

This regulatory clarity is expected to foster greater trust, paving the way for broader adoption. The Ripple SVP expressed optimism that Ripple and its stablecoin, RLUSD, are well-positioned to lead the charge in this new era.

2025 is the year of the stablecoin. As US regulation advances, standards will evolve, innovation will expand & real utility will take off. Ripple and RLUSD are ready to lead the charge," McDonald wrote in a recent tweet.

The stablecoin supply is increasing — currently boasting a market cap of nearly $216 billion and with projections of nearly $3 trillion within the next five years.

Ripple expands its horizons

While Ripple's enterprise blockchain solutions have grown to support a larger range of financial use cases, such as asset tokenization and custody, cross-border payments were the company's first application of blockchain technology.

Ripple Payments has processed more than $70 billion in payments to date, and the introduction of RLUSD adds another blockchain-powered payment option for cross-border transactions.

@ Newshounds News™

Source:  U Today

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$111,000,000,000 IN UNREALIZED LOSSES COULD HIT BANK OF AMERICA AS 10-YEAR TREASURY YIELD MOVES HIGHER: REPORT

Unrealized losses on Bank of America’s balance sheet are ballooning amid rising bond yields, according to a new report.

Bank of America’s unrealized losses on mostly US agency mortgage-backed securities could jump to $111 billion in the fourth quarter of 2024, an increase of 29% from the previous quarter, reports Barron’s.

Bank of America’s held-to-maturity assets stood at $568 billion as of the third quarter of 2024, according to a regulatory filing, including an unrealized loss of $86 billion at the time.

The bank’s unrealized losses continue to widen as the yield on 10-year US treasuries nears 5%.

And most of Bank of America’s held-to-maturity debt securities are comprised of agency mortgage-backed securities, which are witnessing similarly rising yields.

BofA’s unrealized bond losses are the highest in the industry. By comparison, the nation’s largest bank JPMorgan Chase has about $20 billion in unrealized losses as of Q3 2024.

In its Quarterly Banking Profile report issued in December, the Federal Deposit Insurance Corporation (FDIC) said the number of US lenders on its “Problem Bank List” rose to 68 in Q3, with total unrealized losses at all major banks standing at $364 billion.

@ Newshounds News™

Source:  DailyHodl

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BRICS: ANALYST CALLS US DOLLAR ‘GROSSLY OVERVALUED’ & HERE’S WHY

The last two years have seen the global south orchestrate its very own de-dollarization initiative. Seeking to promote local currencies, was a way to combat the growing influence the West had on global finance. Although the greenback has maintained much of its strength amid BRICS action, one analyst has called the US dollar “grossly overvalued.”

The sentiment is tied to the overwhelming influence that the US dollar maintains. Currently, the state of Mississippi, the poorest state in the country, is richer per capita than either the United Kingdom or Japan. Although the reason for this reality can be debated, one economist notes it is likely due to the overwhelming overvaluation of the currency.

US Dollar Called ‘Overvalued’ by Economist: Can That Push BRICS De-Dollarization?

2025 was always set to be a vital year for the BRICS alliance. With US President-elect Donald Trump returning to the White House, things are bound to change. The alliance has struggled with ongoing Western sanctions and answered with their own de-dollarization efforts. Yet, the returning President, unlike his predecessor, appears less enthused to sit by and allow such efforts to take place.

To this point, those efforts have failed. Indeed, Trump’s return has pushed the world’s global reserve currency to tremendous heights. Yet, the reason for that has recently come into question. Amid BRICS opposition, one analyst has called the US dollar “grossly overvalued” in a recent report.

“The poorest state in the US—Mississippi—has a per capita dollar income that is higher than those of the UK, France, Italy, and Japan and is only slightly lower than Germany,” Stephen Jen of Eurizon SLJ said in a Financial Times piece.

“Does this make sense to you?” Jen added. “To us, this is another proof that the dollar is grossly overvalued, inflated in part due to the supersized fiscal program.” There is evidence for the claim throughout the US economy. Indeed, the report notes that many SU gas station managers earn more than European doctors.

Ultimately, Jen notes that the “US fiscal posture is unsustainable.” Indeed, it is going to require a massive initiative to bring down its deficit, or major problems will soon arise. The question is, can Trump and his incoming DOGE commission handle such a lofty task? However, what does this reality mean for the budding BRICS alliance?

@ Newshounds News™

Source:  Watcher Guru

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ECB IS LOOKING FORWARD TO 2025 WITH THE DEVELOPMENT OF THE DIGITAL EURO AND THE ACCOMPANYING EU LEGISLATION

Christine Lagarde, President of the European Central Bank (“ECB”), is expecting European legislation for the digital euro. According to her, the European Commission will propose legislation for establishing a digital euro in the near future.

“We are in the preparation phase and we are expecting European legislation,” she said in her New Year’s message.

On the first day of the new year, Lagarde posted a video message announcing that the development of the European Union’s central bank digital currency (“CBDC”) – the digital euro – was in phase 2 and the ECB is “expecting legislation.”  

“Another significant development on the horizon is our digital euro. We are in the preparation phase and we are expecting European legislation,” she said. “Once that is done, we will decide whether we move forward with developing a digital form of cash.”

Lagarde wished those who watched her video a “very, very great start to 2025.” Well, the ECB’s aspirations, as she described them, begin the year on a very, very bad note and in wishing Europeans well she is speaking with a forked tongue.  Take for example the two blatant lies Lagarde told in her message.

Firstly, they would not be legislating for a digital euro if they were not intending to “move forward” with the agenda.  So, it’s not a case of deciding “whether” to move forward but rather the decision has already been made.

Secondly, CBDCs are not a “digital form of cash.”  They are tokens which can be programmed to be used only for certain items or services and to expire – much like a gift voucher system which retailers use. 

Vouchers are for a specific amount to be used on specific items or in specific retailers and expire within a specified time; the retailer’s rules and conditions apply.  It is because of the programmable and centralised nature of CBDCs that they will be used to control who can buy or sell what, when and where; the central bank’s rules and conditions will apply.

Do You Trust Christine Lagarde?  If So, You Shouldn’t

Read more at link below to hear her video and find out who she is:
Convicted Criminal and Eugenicist and Depopulationist.

@ Newshounds News™

Source:  Expose News

~~~~~~~~~

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Repeated Sanctions will Force Central Banks into Gold Ownership

Repeated Sanctions will Force Central Banks into Gold Ownership

Palisades Gold Radio:  1-17-2025

The global financial landscape is shifting, and a confluence of factors is pointing towards a potentially significant increase in central bank gold holdings.

In a recent discussion on Palisades Gold Radio, hosted by Tom Bodrovics, financial experts Bob Thompson from Raymond James and Larry McDonald, creator of the Bear Traps Report, delved deep into the complexities of inflation, sovereign debt, and the future of the US dollar.

Their analysis suggests that the era of unchecked monetary expansion and reliance on fiat currencies may be nearing a turning point, potentially ushering in a new era for gold.

The core issue, as highlighted by Thompson and McDonald, is the staggering $16 trillion debt increase witnessed since 2008. This surge, driven by expansive fiscal and monetary policies in response to various crises, has unleashed significant inflationary pressures. The consequences are particularly evident in the spiraling costs of energy and a mounting strain on long-term bonds. This is creating a challenging environment where market forces are potentially pushing the US dollar and bond markets towards a breaking point, suggesting a need for assets tied to something more tangible.

The strength of the US dollar, a dominant force in global finance, is also under scrutiny. While a strong dollar might seem beneficial, it creates complexities for US exports and American companies with international operations.

As Thompson and McDonald explained, a strong dollar makes American goods more expensive and hurts companies dependent on international sales. It also puts pressure on the Federal Reserve to buy bonds to maintain stability, inadvertently fueling inflation and potentially weakening the overall economy. The internal political tensions around a strong dollar make its future more unstable and difficult to predict.

This instability, coupled with a growing lack of trust in the US government due to sanctions and geopolitical tensions, is driving central banks to diversify their reserves. Instead of relying solely on US Treasuries, many are increasingly turning to gold.

 This shift is not merely an investment decision; it’s a statement of geopolitical risk aversion. Central banks are recognizing gold as a reliable store of value, a haven during times of uncertainty.

Despite these underlying trends, gold stocks have underperformed the S&P 500 recently. However, Thompson and McDonald believe this creates an opportunity for investors looking for asymmetrical returns. With interest rates expected to remain low and inflation potentially normalizing at a higher level than the previous decade, gold could see significant appreciation.

The conversation also dived into historical gold investing regimes and the current move back towards more favorable conditions. During periods of negative or low real interest rates, gold has historically performed well.

This recognition of long-term trends and identifying opportunities ahead of the curve, as the experts highlighted, is key to successful investing.

Furthermore, even the Fed’s inflation target could be shifting. A move towards a 3% target, as was discussed, could be a boon for certain investment portfolios. Sectors like industrials, metals, materials, oil, and gas could all benefit from this environment.

In summary, the narrative is clear: the current global financial system is under significant pressure.

 The combination of rising debt, inflationary pressures, geopolitical tensions, and a growing lack of faith in the US dollar is pushing central banks towards a seemingly inevitable conclusion – increased gold ownership. This shift, while still in its early stages, has the potential to reshape the global financial landscape for years to come.

Investors would be wise to recognize these trends and position their portfolios accordingly. This is not just about chasing returns; it’s about navigating the changing tides of global finance.

https://youtu.be/RvHZ6_1vpaU

News, Rumors and Opinions Saturday 1-18-2025

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. 18 Jan. 2025

Compiled Sat. 18 Jan. 2025 12:01 am EST by Judy Byington

Possible Timing:

Fri. 17 Jan. 2025: The Intel has broken down into two factions: The “It’s tonight” faction and the “After the inauguration” faction. …Mike Reed

Both sides agree on the following: It’s done. Toasted. Roasted. Finished. 165 degree internal temperature. There is nothing left that needs to be done from a paperwork or agreement perspective. Everything is signed, sealed and delivered. HCL: DONE. GOLD TREATY: DONE. TRADE AGREEMENTS: DONE. CODES ISSUED AND READY: DONE. RATES: DONE. NEW TREASURY NOTES IN BANKS: DONE.

Points favoring the “It’s tonight,” Faction: They can make the announcement in the mosques tonight, which we’ve always been told they would do. The FOREX would be closed. It’s too late for Biden to get credit for it. Yellen would have less than 48 hours to respond. It might precipitate a dollar crash when the FOREX reopens on Sunday, which is the perfect cover. The Iraqi’s fear that Trump, once in power, will halt the proceedings and try to secure a better deal for the United States, so they MUST go now before he gets in. They insist that the Dinar revaluation will be announced tonight at midnight eastern time.

Points favoring the “After the inauguration,” Faction: Trump gets full credit. Biden cannot steal or interfere. The inauguration itself gives cover in the news. It would still look like a mess that Biden handed over to Trump.

~~~~~~~~~~

Global Currency Reset:

Tues. 14 Jan.: “All the information is saying “Next week.” …JFK Awakening Q17 on Telegram

Wed. 15 Jan. 2025 Wolverine: Ok guys it’s definitely coming as things are in motion. Please make sure you have everything ready when we receive the green light. Remember for the Tier 4B group things won’t start 2 or 3hrs after the inauguration on Mon. 20 Jan.

Wed. 15 Jan. 2025 Nate: Expect the Iraqi Dinar Rate to change Jan. 20-22: https://x.com/realNateCarter/status/1879328680331313318?t=0OaJN2HGGpPKZd3lmWEbBQ&s=09

Thurs. 16 Jan. 2025 MarkZ: “My Asian Contact said he was expecting the RV on Tues. 21 Jan. or Wed. 22 Jan.

Thurs. 16 Jan. 2025 Bruce: The Green Light has been given. The RV is supposed to be released overnight tonight to Bond Holders. Today the Iraqi Dinar was on the Forex and trading upward. Tier4b (us, the Internet Group) should be notified to set appointments before Mon. 20 Jan. and can ask for the higher Dinar Contract Rate which appears to be based on the price of oil. Banks have had the new US Note in stock for over a year and a half and will be releasing it.

On Sat. 25 Jan. 2025, the first phase of the wealth redistribution will officially commence for the general public. …JFK Jr. on Telegram

Read full post here:  https://dinarchronicles.com/2025/01/18/restored-republic-via-a-gcr-update-as-of-january-18-2025/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Walkingstick  The black market is pretty much dead now.  There is no money for the corrupt to funnel the national currency out o the country...Cancellation of the auctions was brilliant... Nothing is affecting the monetary reform.  Nothing is touching the IQD exchange rate...That is badass.

Militia Man   Iraq hasn't been on the Forex market at 1310 in an International capacity.  Are they ever going to do that?   I don't think so.  When they start mentioning, first time in a long time, coming from the Central Bank of Iraq...telling you exactly what they've done...You're going to see a theme and that theme is, going international.  When they mention Forex, I have not seen them talk about this ever before...Take that whole thing very serious because it's powerful...

Iraq Celebrates Operating on Global Stage at UN IQD Rate Developing News

Edu Matrix:  1-17-2025

Iraq Celebrates Operating on Global Stage at UN IQD Rate Developing News - Join us as we delve into a historic moment for Iraq! In this eye-opening report, we cover the reception organized by Iraq's Permanent Mission to the United Nations, marking the country's chairmanship of the Group of 77 and China.

With insights from Deputy Prime Minister Fuad Hussein and Iraq's UN Representative Dr. Abbas Kadhom Obaid, discover how Iraq is striving for unity and collaboration among developing nations to tackle global challenges like climate change and poverty.

Witness the commitment to multilateralism and the 2030 Agenda for sustainable development, ensuring no country is left behind. This event signifies a pivotal step towards Iraq's economic progress on the world stage.

https://www.youtube.com/watch?v=XiBtlixVC9Q