Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Monday Morning 5-19-2025

TNT:

Tishwash:  Trump's visit to the Gulf: Will it open the door to investment in the Kurdistan Region?

 US President Donald Trump's visit to several Gulf states has raised questions about its political and economic impact on the Kurdistan Region, given the region's well-known positive relationship with Gulf capitals and its close ties with Washington on development and security issues.

In this context, researcher and political analyst Yassin Aziz told Baghdad Today on Sunday (May 18, 2025) that "Trump's visit has significant repercussions for the entire region, including Iraq. Since the Kurdistan Region is part of Iraq, the region—although it has constitutionally granted special status—remains bound by the public interests and frameworks set by Iraqi foreign policy."

TNT:

Tishwash:  Trump's visit to the Gulf: Will it open the door to investment in the Kurdistan Region?

 US President Donald Trump's visit to several Gulf states has raised questions about its political and economic impact on the Kurdistan Region, given the region's well-known positive relationship with Gulf capitals and its close ties with Washington on development and security issues.

In this context, researcher and political analyst Yassin Aziz told Baghdad Today on Sunday (May 18, 2025) that "Trump's visit has significant repercussions for the entire region, including Iraq. Since the Kurdistan Region is part of Iraq, the region—although it has constitutionally granted special status—remains bound by the public interests and frameworks set by Iraqi foreign policy."

The Gulf and the region: a stable partnership and open prospects

Aziz adds that "the region's relations with the Arab Gulf states have been distinguished and positive for a long time, particularly with pivotal countries such as Saudi Arabia, the UAE, Qatar, and even the rest of the Gulf states," noting that "these countries already have investments in the region, and there is ongoing economic activity, although the ambition is for it to expand further in the coming period."

He believes that Trump's visit to the Gulf states "could be a catalyst" in this direction, as it reshapes the region's economic priorities and could create a new climate that encourages Gulf states to increase their investment engagement in safe and stable regions such as the Kurdistan Region.

Washington - Gulf - Erbil... a triangle of intersecting interests

In response to the possibility of competition between Gulf and American investments in the region, Aziz ruled out this proposal, asserting that "each party has its own perspective, and Gulf state investments do not come at the expense of foreign companies, but may complement them." He emphasized that "the Kurdistan Region is viewed by the Gulf as a stable model, suitable for investment, due to the availability of security and supportive laws."

The open opportunity... when will it become a reality?

Aziz concluded his remarks by emphasizing that "Trump's visit to the Gulf will not negatively impact the relationship between Erbil and the Gulf capitals, but may contribute to accelerating economic cooperation between them, within an environment that encourages multilateral partnerships."

He believed that "the next phase may witness greater openness by Gulf companies towards the region, driven by external political encouragement and a domestic desire to develop non-oil sectors."  link

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

Tishwash:  During the Baghdad Summit, Iraq prepares to present a modern economic vision, the outlines of which were drawn up by Sudani.

Iraq is preparing today, Saturday, to present a modern economic vision stemming from nationalist trends outlined by Prime Minister Mohammed Shia al-Sudani during the Arab Summit. Meanwhile, the presence of Arab leaders and monarchs in Baghdad marks a turning point in regional relations and consolidates Iraq's openness to its Arab surroundings. 

The Executive Director of the Iraq Development Fund, Mohammed Al-Najjar, said, "Iraq is preparing to present a modern economic vision stemming from national trends whose outlines were shaped by Sudan." He pointed out that, "This vision includes new partnership paths and advanced investment methods that are in line with the nature of the current economic phase and challenges." 

Al-Najjar emphasized that "the presence of Arab leaders in Baghdad represents a turning point in regional cooperation relations and consolidates Iraq's openness to its Arab surroundings." He added that "the Iraq Development Fund today represents an attractive and diverse investment base capable of absorbing capital and companies seeking to enter the Iraqi market, which is characterized by its vastness and rapid growth."  link

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

Tishwash:  Iraq's debt "very safe" below 33% of GDP

Iraq’s total public debt remains below 33% of the country’s gross domestic product (GDP), securing a low-risk standing in global credit rankings, an Iraqi official confirmed Friday.

Speaking to Shafaq News, Mazhar Mohammed Saleh, financial adviser to the prime minister, noted that Iraq wiped out nearly $100 billion in legacy foreign debt through the 2004 Paris Club agreement, most linked to pre-1990 conflicts under the former regime. The remaining debt was restructured over two decades, with the final installment—a $2.7 billion bond—due for full repayment by 2028.

During the war against ISIS, Iraq borrowed about $12 billion to support its national budget. The majority of these loans, especially those from the International Monetary Fund, have been repaid.

In the coming four years, Iraq must repay $9 billion in external debt. A similar amount, mainly from international development funds, is dedicated to rebuilding areas liberated from conflict. External debt currently represents roughly 8% of GDP, which Saleh described as “very safe.”

Domestic public debt totals 85 trillion Iraqi dinars (around $65 billion), with half held in the Central Bank of Iraq’s investment portfolio and the remainder mostly with state-owned banks or issued as bonds and treasury bills. Saleh attributed this accumulation to three significant downturns in oil revenues over recent years.

Internal debt, however, makes up about 25% of GDP. Combined with external obligations, Iraq’s total public debt stays below 33%—well under the widely accepted 60% threshold for sustainable debt levels.

Saleh also highlighted an unresolved $40 billion in debt dating to the Iran-Iraq war that remains unsettled despite the 2004 Paris Club deal. These “odious debts,” owed to eight countries, are expected to be written off by at least 80% under the agreement, pending verification.   link

Mot: Ever Wonder Why (((Spring Cleaning))) - Takes sooo Long!!!??

Mot: ..... and Your Skill Level Is???   

 

Read More
Militiaman, News Dinar Recaps 20 Militiaman, News Dinar Recaps 20

MilitiaMan & CREW: Iraq Dinar News Update-Arab Historic Summits of Success

MilitiaMan & CREW: Iraq Dinar News Update-Arab Historic Summits of Success

5-18-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

MilitiaMan & CREW: Iraq Dinar News Update-Arab Historic Summits of Success

5-18-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=M-Rvr6HUgGs

Read More
Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Sunday PM 5-18-2025

Gold Telegraph: Major Gold Producers are Focusing on Acquisitions

5-17-2025

Gold Telegraph  @GoldTelegraph

BREAKING NEWS: FEDERAL RESERVE TO SHRINK STAFF BY ABOUT 10% OVER NEXT SEVERAL YEARS

Am I dreaming?

“Fed Chair Jerome Powell informed staff of the move on Friday in a memo…”

Gold Telegraph: Major Gold Producers are Focusing on Acquisitions

5-17-2025

Gold Telegraph  @GoldTelegraph

BREAKING NEWS: FEDERAL RESERVE TO SHRINK STAFF BY ABOUT 10% OVER NEXT SEVERAL YEARS

Am I dreaming?

“Fed Chair Jerome Powell informed staff of the move on Friday in a memo…”

Source: https://www.bloomberg.com/news/articles/2025-05-16/fed-said-to-shrink-staff-by-about-10-over-next-several-years

BREAKING NEWS: MOODY’S DOWNGRADES UNITED STATES CREDIT RATING ON INCREASE IN GOVERNMENT DEBT

Gold…

“The U.S. is running a massive budget deficit as interest costs for Treasury debt continued to rise…”

Source: https://www.cnbc.com/2025/05/16/moodys-downgrades-united-states-credit-rating-on-increase-in-government-debt.html

China slashed its U.S. Treasury holdings in March. The UK is now the second-largest holder. The trend is very real. China is selling Treasuries and buying gold.

They say gold is boring. But I will take boring over watching the global debt market audition for a disaster movie. The script is still being written.

A top Chinese gold producer is quietly looking all over the globe… Looking to acquire real ounces while the world drowns in debt and digits. Major gold producers are focusing on acquisitions as they race to lock in ounces and replenish reserves. Only a matter of time…

Source(s):     https://x.com/GoldTelegraph_/status/1923439962738807292

https://dinarchronicles.com/2025/05/17/gold-telegraph-major-gold-producers-are-focusing-on-acquisitions/

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

TNT:

Louand DebNC:  Moody’s Cuts US Government Credit Rating due to Deficits & Debt, Blames “Successive US Administrations and Congress”

US government kisses its last triple-A credit rating goodbye. Downgrade to “junk” would have been more appropriate?

The US government lost its last remaining triple-A credit rating late Friday, as Moody’s finally, after more than a decade of dithering, downgraded the government to Aa1, one notch below the top credit rating of Aaa.

The downgrade “reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns,” Moody’s said in the announcement.

And it added:

“Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs. We do not believe that material multi-year reductions in mandatory spending and deficits will result from current fiscal proposals under consideration.”

And it warned:

“Persistent, large fiscal deficits will drive the government’s debt and interest burden higher. The US’ fiscal performance is likely to deteriorate relative to its own past and compared to other highly-rated sovereigns.”

It expects the federal deficits to reach “nearly 9% of GDP by 2035, up from 6.4% in 2024.”

Moody’s was the last of the three major US credit ratings agencies to cut the US government credit rating, years behind:

In 2011, S&P Global Ratings downgraded the US one notch to AA+

In 2023, Fitch Ratings downgraded the US one notch to AA+.

While reading Moody’s “ratings rationale,” one gets the impression that the US government should have been cut to a “junk” credit rating, maybe to a mid-level junk rating such as Ba3, to allow for some wriggle room either way (here is my cheat sheet for bond credit ratings by ratings agency

Not that these downgrades make a lot – or any – difference. For example. Moody’s rates Japan A1, that’s four notches below triple-A and three notches below the new and improved US credit rating, and so what. Nothing happened.

The problem arises when inflation comes along and the bond market gets spooked, and if the central bank tries to bail out the borrower, such as the Fed trying to bail out the US government, with bond purchases (QE) and interest-rate repression, while inflation is taking off, it could cause inflation to go completely out of control and spiral into the triple digits, such as it has done in Argentina and many other countries, by which time the own currency becomes kind of useless. Everyone knows this. So this is likely not going to be experimented with in the US.

Upon the news, the 10-year Treasury yield spiked in late trading all the way to high heaven, by something like, wait for it, 4 basis points, to a whopping 4.48%, about halfway back where it had been … yesterday.

It’s not until the bond market scares the bejesus out of Congress and the Administration that they will do anything serious about reducing the deficits.

https://wolfstreet.com/2025/05/16/moodys-cuts-us-government-credit-rating-due-to-deficits-debt-blames-successive-us-administrations-and-congress/

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

Militia Man  ...The summit took place today.  They talked about approvals...integration...a lot of different buzz words that show Iraq is ready for investment for the private sector.  For that to happen we believe there's going to be an interconnectivity to the global financial system.  They haven't done that at 1310.  But they are expected to have a real effective exchange rate at some point in time.

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:
Television says Syrian debts to the World Bank which is about $15.5 million was just paid off by Saudi Arabia and Qatar.  Your president is gone but the shadow that he's casted over the Middle East is causing peace all over the place...

Mnt Goat  ...one huge obstacle is still Iran and this issue must be resolved. Remember that the U.S. has to sign off on the reinstatement of the IQD to finalize the process...At this point it shows that goals have been accomplished and its time to reap the benefits.

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

Gold Is the Plan: Central Banks Know It, Basel III Confirms It

Taylor Kenny:  5-18-2025

Why are central banks dumping U.S. Treasuries and buying record amounts of gold? This isn’t a reaction—it’s preparation.

As the financial elite reposition their portfolios with physical gold, everyday folks are left in the dark. Taylor Kenney explains how Basel III and global gold policies are reshaping the financial world—and what you can do to stay ahead.

https://www.youtube.com/watch?v=L8GtRLt-eC0

Read More
Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 5-18-25

Good Afternoon Dinar Recaps,

US COMPLETELY LOSES PERFECT CREDIT RATING FOR FIRST TIME IN OVER A CENTURY

Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.

Good Afternoon Dinar Recaps,

US COMPLETELY LOSES PERFECT CREDIT RATING FOR FIRST TIME IN OVER A CENTURY

Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.

Why It Matters

The shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years. Moody's becomes the third and final major credit agency to reduce its assessment of the federal government's creditworthiness. Standard & Poor's made its first-ever downgrade in 2011, and Fitch Ratings followed in 2023.

What to Know

In its announcement, Moody's—led by chief economist Mark Zandi—projected the federal deficit will rise to nearly 9% of GDP by 2035, up from 6.4% in 2024, driven by:

  • mounting interest payments,

  • rising entitlement costs, and

  • sluggish revenue growth.

Moody's also warned that extending President Donald Trump's 2017 tax cuts—now a key priority for the Republican-led Congress—would add $4 trillion to the federal primary deficit over the next decade. Political gridlock remains a major obstacle to fiscal reform, with:

  • Republicans opposing tax increases, and

  • Democrats resisted spending cuts,
    leaving little room for bipartisan solutions.

What to Know About the Three Major Credit Agencies

The three major credit rating agencies—Moody's Investors ServiceS&P Global Ratings, and Fitch Ratings—play a critical role in assessing the creditworthiness of sovereign nations, including the United States. These agencies assign ratings that influence:

  • borrowing costs,

  • investor confidence, and

  • global economic perceptions.

top-tier credit rating signals low risk, while a downgrade can lead to increased borrowing costs and financial instability.

Historically, the U.S. maintained a perfect credit rating from all three agencies for decades, reflecting the country's economic strength and political stability. That changed in 2011 when S&P downgraded the U.S. from AAA to AA+ following a contentious debt ceiling standoff. Fitch followed in 2023, citing fiscal deterioration and repeated political brinkmanship. Moody's had been the last to maintain a stable AAA rating—until now.

  • Moody's, founded in 1909, is the oldest of the three.

  • S&P, established in 1860, is known for its market indices and ratings.

  • Fitch, founded in 1914, is the smallest but still influential.

Together, these agencies hold immense sway over global finance, and their recent assessments of the U.S. reflect growing alarm over debt levels and political instability.

What People Are Saying

🔹 Democratic strategist Chris Jackson posted on X (formerly Twitter):
"BREAKING: In a stunning move, Moody's has downgraded the U.S. credit rating from Aaa to Aa1—for the first time in history. That's right: the only major credit agency that hadn't downgraded us under Trump just did. Who else enjoying all this 'economic winning' under Trump?"

🔹 Steven Cheung, assistant to President Trump and White House Director of Communications, replied:
"Mark Zandi, the economist for Moody's, is an Obama advisor and Clinton donor who has been a Never Trumper since 2016. Nobody takes his 'analysis' seriously. He has been proven wrong time and time again."

@ Newshounds News™
Source:

Newsweek – Moody’s Downgrades U.S. Credit Rating   

~~~~~~~~~

CHINA SELLS $19B IN U.S. TREASURIES AS TRADE WAR ESCALATES
 Beijing Cuts Holdings Amid Tariff Tensions and U.S. Credit Concerns

China has significantly reduced its holdings of U.S. government debt, shedding $18.9 billion in Treasuries in March, according to newly released data from the U.S. Department of the Treasury. This move aligns with rising tensions in the ongoing U.S.–China trade conflict.

Sharp Drop in Holdings

  • China’s Treasury holdings fell to $765.4B in March, down from $784.3B in February.

  • This is one of the steepest monthly reductions in recent years.

  • China is now the third-largest U.S. debt holder, behind the U.K. and Japan.

This reduction comes amid growing speculation that China may use its U.S. debt holdings as a geopolitical tool—or to reduce risk as bilateral relations deteriorate.

Trade War Fueling Financial Maneuvers

China’s actions follow the U.S.'s aggressive tariff measures, which have escalated into what many now consider a de facto trade embargo, with tariffs exceeding 100% on some imports.

Chinese economist and former central bank adviser Yu Yongding commented:

“China must have a set of countermeasures through repeated scenario planning to safeguard the security of its overseas assets.”

Global Credit Concerns Deepen

China's debt selloff coincides with mounting concerns over the U.S.’s fiscal health:

  • Moody’s downgraded U.S. debt from ‘AAA’ to ‘Aa1’, citing unsustainable debt levels.

  • Interest payments and debt ratios are now “significantly higher than similarly rated sovereigns,” Moody’s warned.

Interestingly, China increased its U.S. Treasury holdings by $20B in February, despite the early tariff rounds. March’s reversal signals a shift in strategy as tensions spike.

@ Newshounds News™
Source:  
Full article on Bitcoin.com

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Read More
Economics, sovereign man DINARRECAPS8 Economics, sovereign man DINARRECAPS8

So... Now What?

So... Now What?

Notes From the Field By Simon Black (Simon Black)  May 13, 2025

One of the most mysterious villains in the history of cinema was the fictitious character ‘Keyser Söze’ from the movie The Usual Suspects.

 No spoilers here, but there’s a scene where they describe his rise in the criminal underworld. According to the story, Keyser Söze realized that “to be in power, you didn’t need guns or money or even numbers. You just needed the will to do what the other guy wouldn’t.

So... Now What?

Notes From the Field By James Hickman (Simon Black)  May 13, 2025

One of the most mysterious villains in the history of cinema was the fictitious character ‘Keyser Söze’ from the movie The Usual Suspects.

 No spoilers here, but there’s a scene where they describe his rise in the criminal underworld. According to the story, Keyser Söze realized that “to be in power, you didn’t need guns or money or even numbers. You just needed the will to do what the other guy wouldn’t.

 I’ve written before that there may have been some grand strategy behind “Liberation Day”.

 Perhaps the past several weeks were part of a deliberate effort by Donald Trump to prove that he has the will to do what nobody else (including China) would do… namely, cause a major worldwide recession that would even hurt his own country.

 It’s possible that everything was part of a ‘Keyser Söze’ negotiation tactic-- as the movie goes, “to show those men of will what will really was...” And that maybe, just maybe, this was a masterclass in the Art of the Deal.

 It’s also possible that none of those things is true, and instead the President is trying to undo the damage of his Liberation Day ‘unforced error’ before the US economy careens into recession.

Few people really know the truth. But what clearly is true is that there’s a level of economic excitement again that we haven’t seen since late February. The general consensus has flipped, practically overnight, and people once again believe that everything is going to be OK.

 Investment banks and their chief economists immediately began boosting their economic growth forecasts and slashing the odds of a recession. The stock market roared with approval.

 More importantly, there are serious catalysts on the horizon to potentially boost this momentum and economic optimism.

 I’d expect that we’ll soon hear the administration start hyping up its “Big, Beautiful” tax cut legislation, alongside more bonanza infrastructure spending.

There’s also a supersized National Defense bill as a cherry on top.

 All of that government money should almost certainly keep up the enthusiasm over the next few months.

 Moreover, the President is-- at this very moment-- in the Middle East inking deals with Saudi Arabia, Qatar, and the United Arab Emirates. They’ll tout major investments in the US that are so large as to be unbelievable, like the UAE’s pledge of investing $1.4 trillion.

 But it doesn’t matter if the numbers are real. It only matters that there’s enough hype to maintain the economic optimism.

 There’s also the very real possibility of peace in Ukraine soon, which would likely create even greater lift for the stock market. Plus, energy markets would stabilize, likely benefiting consumers and helping keep prices down in the short-term.

 With key inflation drivers (tariffs and war) out of the way, the Fed would have a pretty clear path to start cutting rates, as just about every major central bank in the world-- Europe, the UK, China, Canada, India, etc.-- has already done.

 Frankly, it doesn’t even matter whether or not the Fed cuts rates. It only matters that markets believe the Fed is likely to do so; this perception alone should provide yet another buoyant short-term lift to asset prices.

 All of that seems great-- higher asset prices, lower inflation, more trade, more prosperity. In fact, it almost sounds like that ‘New Golden Age’ we were promised in January.

 There’s just one problem: spending is still out of control.

 Just in the first six months of the fiscal year (which started October 1, 2024), the US budget deficit reached $1.3 trillion. And we can’t just blame Joe Biden; $600 billion of that $1.3 trillion deficit came since January.

 In other words, despite all the DOGE efforts, despite all the hard talk on budget cuts and responsible spending, they’re on track to post an astonishing $2.5+ trillion budget deficit for Fiscal Year 2025.

 Interest payments on the national debt are also skyrocketing. Last year’s interest bill was $1.15 trillion, and the Treasury Department already anticipates exceeding that amount this fiscal year.

 Bottom line, absolutely nothing has changed with respect to budget deficits and irresponsible spending… and it’s important to be intellectually honest about that.

 So even if the ‘economic war’ between the US and China is over-- and who knows if that’s really true-- the debt and deficit problem still poses a gargantuan risk to the US economy.

This matters, because reckless US spending was a key driver that pushed so many foreign governments and central banks to start diversifying their US dollar reserves back in 2023.

 Sure, there were other factors which also caused a loss of confidence in the US-- including the humiliating withdrawal from Afghanistan, Joe Biden shaking hands with thin air, and 9% inflation.

But it is the US government’s inability to even acknowledge an obvious financial crisis of its own making-- let alone deal with it in a rational and professional manner-- that led foreign governments and central banks to start diversifying away from the US dollar.

 Sadly, this trend has not changed.

So, again, perhaps Liberation Day is firmly in the rear-view mirror. Perhaps it was all a masterful ploy to push other countries to capitulate to America’s iron will. Perhaps the US economy may even be better off as a result…

 But the real problem that America faces, i.e. overspending, is still a five-alarm fire. Congress and the White House may be ignoring it, but foreign governments and central banks are not.

 So, while I expect a short-term pause over the next few months, Project “Find a New Global Reserve Currency” will likely restart in earnest later this year.

 To your freedom,  James Hickman   Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/so-now-what-152779/?inf_contact_key=8d3971aaf43661189bdd4d5a6f1d8710e6abc7ef250881a26a820a137a2e774a

Read More
Gold and Silver, Economics Dinar Recaps 20 Gold and Silver, Economics Dinar Recaps 20

Wall Street is Completely Ignoring Silver’s Potential

Wall Street is Completely Ignoring Silver’s Potential

Liberty and Finance:  5-17-2025

The recent U.S. debt downgrade has sent ripples of unease throughout the financial world, and expert analyst Don Durrett believes it’s just the tip of the iceberg.

In a recent interview with Liberty and Finance, Durrett dives deep into the precarious future of gold and silver, painting a compelling picture of economic instability and a potential financial reset.

Wall Street is Completely Ignoring Silver’s Potential

Liberty and Finance:  5-17-2025

The recent U.S. debt downgrade has sent ripples of unease throughout the financial world, and expert analyst Don Durrett believes it’s just the tip of the iceberg.

In a recent interview with Liberty and Finance, Durrett dives deep into the precarious future of gold and silver, painting a compelling picture of economic instability and a potential financial reset.

His predictions are bold: gold soaring to $5,000 and silver breaking past $100, driven by a confluence of factors eroding the foundation of the current financial system.

Durrett doesn’t shy away from discussing the forces of economic manipulation at play. He argues that the persistent intervention in markets has created an artificial environment, masking underlying weaknesses and delaying the inevitable reckoning.

 He also delves into the complexities of Triffin’s dilemma, highlighting the inherent contradictions in a system where a national currency also serves as the global reserve currency. This tension, he contends, contributes significantly to global economic imbalances and instability.

The bond market, a cornerstone of the modern financial system, is also under increasing strain, according to Durrett. Rising interest rates and inflationary pressures are jeopardizing its stability, potentially triggering a cascade of negative consequences for investors and the broader economy.

He emphasizes the importance of understanding these vulnerabilities and taking proactive steps to protect one’s wealth.

But amidst the concerns, Durrett offers a pathway to navigate the storm: precious metals, particularly silver. He makes a strong case for a fundamental economic reset, arguing that the current system is unsustainable in its present form.

 He believes that gold and silver, traditionally seen as safe-haven assets, will play a crucial role in this transition, serving as a hedge against inflation and a store of value during periods of economic turmoil.

While gold is often touted as the ultimate safe haven, Durrett highlights silver’s unique potential. He points to its increasing industrial demand, particularly in green technologies like solar panels and electric vehicles.

This growing demand, coupled with a limited supply, could propel silver prices to levels unseen before. He positions silver not just as a store of value, but as a critical component of the future economy, further solidifying its position as a valuable asset.

The interview with Durrett serves as a stark warning about the challenges facing the global financial system.

He encourages investors to educate themselves, understand the forces at play, and consider diversifying their portfolios with precious metals.

While the predictions of $5,000 gold and $100 silver may seem ambitious, Durrett’s analysis provides a compelling rationale for their potential realization, driven by economic manipulation, systemic vulnerabilities, and the growing demand for silver in the new economy.

As the current system teeters, understanding the potential of precious metals, and particularly silver, might be crucial for navigating the uncertain times ahead.

https://youtu.be/AkqBjPtLpJk

 

Read More
Economics, Chats and Rumors Dinar Recaps 20 Economics, Chats and Rumors Dinar Recaps 20

News, Rumors and Opinions Sunday 5-18-2025

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.

Restored Republic via a GCR: Update as of May 18, 2025

Judy Note: There will not be an update sent out for Sunday, 18 May 2025, but wanted you to see this info from Wolverine:

Sat. 17 May 2025 Wolverine: First don’t shoot the messenger as I’m only a messenger and praying that this is 100%.

It looks like things are about to commence. We are hearing good things happening on the weekend.

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.

Restored Republic via a GCR: Update as of May 18, 2025

Judy Note: There will not be an update sent out for Sunday, 18 May 2025, but wanted you to see this info from Wolverine:

Sat. 17 May 2025 Wolverine: First don’t shoot the messenger as I’m only a messenger and praying that this is 100%.

It looks like things are about to commence. We are hearing good things happening on the weekend.

I have spoken to great sources: (1): Some said that today or tomorrow things are about to start with notifications as some also said payments as well. (2): Some private groups are about to start on Tuesday onwards. (3): Brazilian sources said that things are about to start on the 20th (Tuesday).

A Pentecostal leader has made a major announcement that she has given authority to release the funds to her three leaders and that they will receive their notifications this weekend. As soon as they receive those funds they will immediately start releasing those funds to their members.

I also received confidential news which I can’t share but it’s all GO GO GO.

We are hearing great news from Reno as well as a lot of whales are flying in.

The Japanese are happy as they’ll be fishing in Reno to catch some whales.

Let’s all remain in faith and patience as we are definitely close. God bless Wolverine

https://dinarchronicles.com/2025/05/18/restored-republic-via-a-gcr-update-as-of-may-18-2025/

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

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

 Militia Man  If you're going to buy 160 jets...do all these different things for military or for businesses, invest in AI and all these different sorts of things, if your currency goes up and you're going to [buy] it in dollar terms, it costs them less Real, less Jordanian dinar or less Iraqi dinar to pay off all that stuff.

Frank26  FIREFLY:  The television is saying that this summit that is occurring in Baghdad will attract over $30 billion in investments for Iraq.  What's that going to do to our new exchange rate. :)  We have Husani on TV also Channel One that this summit shows the whole world that Iraq is now safe and stable and secure to all the world.  Just having this in Iraq is a victory.  FRANK:  That's the whole ball of wax...Give them security and stability and you've got the new exchange rate.  Give me security and stability and you got the HCL.

FRANK26….5-17-25….ALOHA

KTFA:  5-17-2025

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

BREAKING: IQD Dropped in Value; Iraq Hosts Arab Summit 2025 Iraqi Stock Market

Edu Matrix:  5-17-2025

BREAKING: IQD Dropped in Value; Iraq Hosts Arab Summit 2025 Iraqi Stock Market.

Iraq is hosting the Arab Summit for the first time in over a decade, marking a major step toward rebuilding its regional influence. This historic event in Baghdad highlights Iraq’s push for unity, diplomacy, and a stronger Arab future.

 Also included is a report on the Iraqi Stock Market.

https://www.youtube.com/watch?v=vMKL6RzFnsI

Read More
News DINARRECAPS8 News DINARRECAPS8

Iraq Economic News And Points To Ponder Sunday Morning  5-18-25

UN Secretary-General: We Are Pleased With The Positive Development Taking Place In Iraq

Reconstruction And Construction

Economy News – Baghdad   UN Secretary-General António Guterres expressed his satisfaction on Saturday with the progress made by Iraq. While noting that the time is right to conclude the UNAMI mission in Iraq by the end of this year, which reflects the maturity of the Iraqi political process, he emphasized that the 34th Arab Summit is being held at a critical moment for the Middle East.

UN Secretary-General: We Are Pleased With The Positive Development Taking Place In Iraq

Reconstruction And Construction

Economy News – Baghdad   UN Secretary-General António Guterres expressed his satisfaction on Saturday with the progress made by Iraq. While noting that the time is right to conclude the UNAMI mission in Iraq by the end of this year, which reflects the maturity of the Iraqi political process, he emphasized that the 34th Arab Summit is being held at a critical moment for the Middle East.

"I am pleased to be in Baghdad again to participate in the Arab League summit, at a crucial moment for the Middle East," Guterres said at a press conference on the sidelines of the Arab Summit in Baghdad, as monitored by Al-Eqtisad News.

He explained that "the ground is shifting beneath our feet, but these radical transformations are not natural forces, but rather the results of specific choices, and the solutions are in the hands of decision-makers."

He added that "these solutions must focus, first and foremost, on making the most of the region's enormous potential," adding: "We all know that the peoples of the Arab world aspire to a better future, and that there are demands for justice, dignity, and rights."

He pointed out that "in Lebanon, the ceasefire, territorial integrity, and adherence to international resolutions must be respected. As for Syria, the Syrian people yearn for a comprehensive political transition that heals national wounds and strengthens Syria's integration into the international community and economy, while also ensuring that the imposed sanctions are lifted."

He continued, "The situation in Gaza is beyond description. There is a blockade, starvation, and a violation of international law, and it must stop." He explained, "The collective punishment imposed on the Palestinian people cannot be justified."

He explained, "We need a permanent ceasefire and to ensure the free flow of humanitarian aid into Gaza."

Regarding the situation in Sudan, Guterres stressed, "Yesterday we held an important meeting with the Secretary-General of the League of Arab States and representatives of the African Union to continue coordinating peace initiatives in Sudan. We have unofficial representatives in Addis Ababa to facilitate coordination between the three mechanisms working towards a peaceful solution."

Regarding the Iraqi file, Guterres said, "I am pleased with the progress made by Iraq," stressing that "at the end of this year, the United Nations mission in Iraq will officially conclude, reflecting the maturity of the Iraqi political process."

He explained that "UN agencies will continue to work in Iraq to support development, organize elections, and provide technical support to the Iraqi government." https://economy-news.net/content.php?id=55555

Aboul Gheit: Iraq Is The First Country To Chair The Political And Economic Summits.

Money and Business   Economy News – Baghdad   Iraq is the first country to chair the political and economic summits  https://economy-news.net/content.php?id=55559

The Iraqi Economy Supports Arab Economic Cooperation At The Arab Summit

Samir Al-Nusairi   Economy News – Baghdad   One of the most prominent topics on the table of Arab leaders at the Baghdad Summit is joint Arab economic cooperation.

The foundation and important pillar on which Iraq relies in discussing the mechanisms and programs of joint Arab economic cooperation and integration in the current circumstances is the stage of its transition to comprehensive economic reform and advancement and the bet on achieving sustainable development based on economic pillars that the economies of countries rely on,

which build their national economies on their own capabilities and in cooperation and integration with the economies of regional and neighboring countries in strong economic blocs and exploit their common resources and capabilities to form an independent economic pole to confront the risks and changes that occur and sweep the world, and that the Arab countries together may be an important and unified pole of economic and financial energies and resources.

By reviewing and analyzing the Iraqi economy's progress, preliminary indicators, and financial and monetary data for 2024 and the first quarter of 2025, we are expecting a strong and robust economy with GDP growth of 5.3% and an inflation rate of around 2.5% in 2025.

This is based on the availability of foreign exchange reserves exceeding $100 billion, with 163 tons of gold, sufficient for a period of 18 months and a rate of 140% to cover imports, and the local currency in circulation. 

The local currency issued has reached around 100 trillion dinars, and our dinar is recovering and gradually returning to its target exchange rate against the US dollar. Our banks are developing, modernizing, and increasing their capital, contributing to the transition to a rapidly growing national economy and providing a promising investment environment and map that has attracted around $88 billion.

The giant strategic projects planned until 2028 confirm that Iraq is on the verge of a major economic renaissance. It is proceeding steadily in accordance with the government and Central Bank's strategy for reform, development, digital transformation, and compliance with international standards.

The number of Iraqi banks that have banking relationships and accounts in solid international correspondent banks and deal directly with them in foreign transfers has reached approximately 20 banks, and they deal in multiple foreign currencies with several countries.

The Central Bank is making great efforts to qualify, develop and assist other banks to join the twenty banks mentioned above.

With a close eye on the reality of monetary policy implementation and the Central Bank's procedures, its close monitoring of international economic variables and their impact on the Iraqi economy, and its compliance with international standards that enable Iraq to integrate into the global banking system and control the movement and safety of foreign currency trading, the banks' commitment to implementing the new foreign exchange instructions and addressing obstacles promptly has led to a gradual recovery of the Iraqi dinar over the past several weeks, with its purchasing power increasing.

Through our precise knowledge of the Central Bank's monetary policy applications, its coverage of the entire demand for the US dollar in the trading market and through its various official outlets, and its control over the distribution of cash dollars according to a new method praised by the US Treasury and considered a globally advanced method in distributing the US dollar, and the trend towards completing daily transactions with credit cards abroad, decisive understandings were reached with the US Treasury and the US Federal Reserve in In this field.

The next stage will be an evaluation and analysis stage of the achievements made and a re-evaluation of the next stage.

Towards achieving comprehensive economic progress, moving towards activating the real sector, and reducing dependence on oil. As a major source of revenue.

Maintaining stability in the financial and monetary system and achieving important steps to stimulate and enable the banking sector to contribute to investment and development, as stated in paragraph 7 of axis twelve in the government program for reforming the financial and banking sector, because banking reform is the beginning of comprehensive economic reform.

Certainly, the above-mentioned pillars upon which the Iraqi economy is based will ensure that Iraq's economic initiative at the Arab Summit will receive a positive response from the attendees, and we expect it to be approved.  https://economy-news.net/content.php?id=55536

Basra Crude Records A Weekly Loss Of More Than 1%

Energy   Economy News – Baghdad  Basra Heavy and Medium crude oil recorded a weekly loss of more than 1%, as global oil prices gained on the back of a trade truce between Washington and Beijing.

Basra Heavy crude closed the final trading session on Friday, down 75 cents, reaching $60.49 per barrel, recording a weekly loss of 67 cents, or 1.1%.

Basra Medium crude closed down 57 cents, settling at $63.64, with a weekly loss of 67 cents, or 1.04%.

Globally, Brent crude and US West Texas Intermediate crude posted weekly gains of about 1%, supported by a temporary trade agreement between the United States and China to de-escalate the trade war for 90 days, including reciprocal tariff reductions, which boosted global market appetite. https://economy-news.net/content.php?id=55533

The Dollar Price Rose In Baghdad And Stabilized In Erbil As The Stock Exchange Closed At The Beginning Of The Week

Saturday, May 17, 2025, Economic Number of reads: 114  Baghdad/ NINA / The dollar prices rose slightly in Baghdad markets, and stabilized in Erbil Governorate with the closure of the stock exchange at the beginning of the week. The

dollar prices recorded a rise with the closing of the Al-Kifah and Al-Harithiya stock exchanges, recording 142,450 dinars for $100, while this morning it recorded 142,400 dinars for $100.

Selling prices in exchange shops in local markets in Baghdad witnessed stability, as the selling price reached 143,500 dinars for $100, while the purchase price reached 141,500 for $100.

In Erbil, the dollar recorded stability, as the selling price reached 142,250 dinars for every $100, and the purchase price was 142,100 dinars for $100. https://ninanews.com/Website/News/Details?key=1227514

 

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

Read More
Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Sunday Morning 5-18-25

Good Morning Dinar Recaps,

THE LATEST STABLECOIN GENIUS ACT DRAFT: ADDRESSING KEY DEMOCRAT OBJECTIONS?

Yesterday, Punchbowl News reported that Senate leader John Thune had filed for a procedural vote (cloture) on the Stablecoin GENIUS Act — the same vote that failed last week. Hence, another vote is likely to be held next week. Democrat Senator Kirsten Gillibrand claimed major progress on the bill, indicating that several Democrats were gearing up to support it.

However, last night, Punchbowl published a memo from Senator Elizabeth Warren highlighting ongoing problem areas.

Good Morning Dinar Recaps,

THE LATEST STABLECOIN GENIUS ACT DRAFT: ADDRESSING KEY DEMOCRAT OBJECTIONS?

Yesterday, Punchbowl News reported that Senate leader John Thune had filed for a procedural vote (cloture) on the Stablecoin GENIUS Act — the same vote that failed last week. Hence, another vote is likely to be held next week. Democrat Senator Kirsten Gillibrand claimed major progress on the bill, indicating that several Democrats were gearing up to support it.

However, last night, Punchbowl published a memo from Senator Elizabeth Warren highlighting ongoing problem areas.

Ongoing Concerns About Trump Family Interests

Firstly, she objected that there’s nothing in the Bill stopping elected officials and their families from issuing stablecoins. The involvement of President Trump’s sons with crypto firm World Liberty Financial is viewed as controversial by some. That concern was exacerbated when its new stablecoin, USD1, was used in a $2 billion transaction by a firm chaired by the UAE’s national security adviser.

Regarding families, earlier this week, Senator Gillibrand implied that family members are legally permitted to issue stablecoins. However, officials themselves cannot. Since early May, there has been a GENIUS Act clause that states:

For the avoidance of doubt, existing Office of Government Ethics laws and the ethics rules of the Senate and the House of Representatives prohibit any member of Congress or senior executive branch official from issuing a payment stablecoin during their time in public service.”

BigTech Stablecoin Issuance

Senator Warren’s second objection is that BigTech firms, such as Meta or X, are still allowed to issue stablecoins.

While the latest draft does not have a blanket ban, it includes a significant clause addressing issuance by public non-financial corporations. These firms must be approved by the Stablecoin Certification Review Committee, which will assess:

  • Financial stability concerns

  • Protection of consumer data

  • Avoiding tying stablecoin services to other business activities

However, this only applies to public companies. For example, it would not apply to X, Stripe, or other unlisted unicorns. The Committee will consist of the:

  • Secretary of the Treasury

  • Federal Reserve Chair or Vice Chair

  • Chair of the FDIC

Terrorism and Criminal Activities

Senator Warren is also concerned about the use of stablecoins for terrorist and criminal activities. She wrote:

“New language in the draft bill imposing restrictions on when foreign companies can issue stablecoins in the United States makes no material difference, given that the coins could still be issued offshore and moved through domestic decentralized exchanges accessed by terrorists and criminals.”

Her concern might relate to a change in wording — replacing “any person” with “digital asset service provider” (DASP) in several places. This was likely done to align with the upcoming crypto market infrastructure legislation. However, individuals involved in decentralized exchanges may not be covered under the DASP definition — potentially creating a loophole.

Stablecoins and Financial Stability

Stablecoins offer many potential benefits, but they also carry significant financial stability risks. Senator Warren believes these risks are not sufficiently addressed in the current draft:

“[The bill] would still allow issuers to actually invest their reserves in riskier assets, hold them in offshore accounts, engage in dangerous financial and commercial activities, and prevent regulators from applying strong safeguards — inviting a future crash and costly bailouts.”

Other jurisdictions generally require onshore reserve holdings for stablecoins, whereas the GENIUS Act is different in this respect. Some argue that reserves should only be invested in direct government securities, not in money market funds that add a layer of risk.

There is also growing interest in using tokenized assets for stablecoin reserves. These are often tokenized money market funds, which raises the need for clear tokenization standards, including:

  • Secure custody providers

  • Transparent audits

  • Prohibitions on rehypothecation (lending of underlying assets)

There’s no point in banning stablecoin issuers from lending reserves if the tokenization firm can do so instead.

Political Landscape and Path Forward

Despite these concerns, it’s important to consider the broader political context. Senator Warren has long held strong opposition to cryptocurrencies and stablecoins. Her support for any such legislation remains unlikely.

The key to successful regulation lies in garnering Democratic support from lawmakers like Gillibrand, who understand that regulating existing stablecoins is critical. Without a clear framework, the regulatory vacuum may only increase the risks posed by this growing financial sector.

@ Newshounds News™
🔗Source:  Ledger Insights

~~~~~~~~~

🚫 JUDGE DENIES JOINT BID FROM RIPPLE AND THE SEC TO END XRP LEGAL BATTLE

A U.S. judge has rejected a joint request from Ripple and the SEC that sought to end their long-running legal dispute over XRP, saying their bid failed to meet legal requirements.

⚖️ What happened?
Ripple and the SEC filed a joint motion for an “indicative ruling” to reduce Ripple’s $125 million civil penalty to $50 million, and potentially vacate the penalty altogether.

But District Judge Analisa Torres shut it down, saying the parties failed to address the legal burden required to change or vacate the prior judgment.

🧾 Judge Torres wrote:

"Relief from judgment under Rule 60 is granted ‘only upon a showing of exceptional circumstances’… The parties have made no effort to satisfy that burden here; their request does not even mention the rule."

She concluded:

"If jurisdiction were restored, the court would deny the parties’ motion as procedurally improper."

📜 Background on the case:

  • The SEC sued Ripple in late 2020, alleging it sold XRP as an unregistered security.

  • In 2023, Judge Torres ruled that Ripple’s open-market XRP sales were NOT securities, but said institutional sales WERE.

🧨 In August 2023, Ripple was hit with a $125 million penalty. Both Ripple and the SEC have appealed the amount.

📉 Post-Gensler Fallout:
Since Donald Trump took office and Gary Gensler exited the SEC, the agency has walked back several crypto enforcement actions. But this case continues to hang in the balance.

📌 Judge Torres' ruling keeps the legal penalties in place — and the battle continues.

@ Newshounds News™
📎 Source:  DailyHodl

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Read More
Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Sunday Morning 5-18-2025

TNT:

Tishwash:  Al-Sudani launches the "Arab Covenant" for economic reform.

Prime Minister Mohammed Shia al-Sudani launched the "Arab Covenant" initiative for economic reform on Saturday, while also announcing the launch of the Arab Solidarity Fund initiative for the reconstruction of Gaza.

During his speech at the Arab Summit for Economic and Social Development, Al-Sudani said, "Joint Arab action is the path to the advancement of nations, and human resources are among their most valuable assets."

The Prime Minister proposed establishing a mechanism to evaluate development performance, stressing that the development summit serves as a platform for consolidating Arab partnerships.

TNT:

Tishwash:  Al-Sudani launches the "Arab Covenant" for economic reform.

Prime Minister Mohammed Shia al-Sudani launched the "Arab Covenant" initiative for economic reform on Saturday, while also announcing the launch of the Arab Solidarity Fund initiative for the reconstruction of Gaza.

During his speech at the Arab Summit for Economic and Social Development, Al-Sudani said, "Joint Arab action is the path to the advancement of nations, and human resources are among their most valuable assets."

The Prime Minister proposed establishing a mechanism to evaluate development performance, stressing that the development summit serves as a platform for consolidating Arab partnerships.

Al-Sudani pointed out that "the Iraqi government has launched a package of financial reforms and development projects, and has supported the health and education sectors," while also revealing "the launch of the upcoming Arab Reform Era initiative."

He continued, "A series of initiatives were launched within the framework of the development summit and the initiative of the Joint Arab Security Coordination Room in Baghdad, in addition to the establishment of the Arab Center for Combating Terrorism in Baghdad and the Center for Combating Drugs in Baghdad, in addition to the establishment of the Arab Center for Combating Organized Crime in Baghdad."

During his speech, the Prime Minister also confirmed the launch of the Arab Solidarity Fund initiative for the reconstruction of Gaza  link

Tishwash:  The Prime Minister of the Kurdistan Regional Government arrives in Washington on an official visit, heading a high-level government delegation.

Erbil (Kurdistan 24)- Kurdistan Regional Government Prime Minister Masrour Barzani arrived in Washington, DC, on Saturday, May 17, 2025, at the head of a high-level government delegation, at the start of a visit in response to an official invitation.

The Prime Minister is scheduled to hold a series of meetings with senior officials in the US administration and Congress. He will also meet with a number of investors, businessmen, and prominent economic figures in the United States, in addition to a meeting with members of the Kurdish community.

Discussions during this visit will focus on ways to advance bilateral relations and strengthen ties between the Kurdistan Region and the United States at various levels. The talks will also cover all developments in Iraq, as well as the current situation in the region as a whole.

As part of strengthening cooperation in the energy sector, the Prime Minister will participate in a special dialogue session at an energy forum in Washington, D.C., titled "The Future of Energy in the Kurdistan Region," where he will present the region's vision and plans for developing this sector and attracting investment.   link

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

Tishwash:  UN Secretary-General: We are pleased with the positive development taking place in Iraq.

 UN Secretary-General António Guterres expressed his satisfaction on Saturday with the progress made by Iraq. While noting that the time is right to conclude the UNAMI mission in Iraq by the end of this year, which reflects the maturity of the Iraqi political process, he emphasized that the 34th Arab Summit is being held at a critical moment for the Middle East.

"I am pleased to be in Baghdad again to participate in the Arab League summit, at a crucial moment for the Middle East," Guterres said at a press conference on the sidelines of the Arab Summit in Baghdad, as monitored by Al-Eqtisad News. He explained that "the ground is shifting beneath our feet, but these radical transformations are not natural forces, but rather the results of specific choices, and the solutions are in the hands of decision-makers."

He added that "these solutions must focus, first and foremost, on making the most of the region's enormous potential," adding: "We all know that the peoples of the Arab world aspire to a better future, and that there are demands for justice, dignity, and rights."

He pointed out that "in Lebanon, the ceasefire, territorial integrity, and adherence to international resolutions must be respected. As for Syria, the Syrian people yearn for a comprehensive political transition that heals national wounds and strengthens Syria's integration into the international community and economy, while also ensuring that the imposed sanctions are lifted."

He continued, "The situation in Gaza is beyond description. There is a blockade, starvation, and a violation of international law, and it must stop." He explained, "The collective punishment imposed on the Palestinian people cannot be justified."

He explained, "We need a permanent ceasefire and to ensure the free flow of humanitarian aid into Gaza."

Regarding the situation in Sudan, Guterres stressed, "Yesterday we held an important meeting with the Secretary-General of the League of Arab States and representatives of the African Union to continue coordinating peace initiatives in Sudan. We have unofficial representatives in Addis Ababa to facilitate coordination between the three mechanisms working towards a peaceful solution."

Regarding the Iraqi file, Guterres said, "I am pleased with the progress made by Iraq," stressing that "at the end of this year, the United Nations mission in Iraq will officially conclude, reflecting the maturity of the Iraqi political process."

He explained that "UN agencies will continue to work in Iraq to support development, organize elections, and provide technical support to the Iraqi government." link

Mot:  .. Before You Laugh  

Mot: Poor ole ""Rich people problems""

https://www.youtube.com/watch?v=uKFaF3lrzI0

Read More
Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

Dr. Scott Young: How Big is the Size of Federal Debt?

Dr. Scott Young: How Big is the Size of Federal Debt?

5-17-2025

The U.S. national debt is a topic that often sparks heated debate. It’s a massive number, often thrown around with little context, leaving many wondering: how big is it really, what are the implications, and is there any way out? Let’s break down the key questions surrounding America’s fiscal future.

The sheer size of the U.S. federal debt can be difficult to comprehend. As of late 2023, it has surpassed $33 trillion. This figure represents the total amount of money the U.S. government owes to its creditors, including individuals, businesses, and other governments.

This debt is the accumulation of years of budget deficits, where the government spends more than it collects in revenue.

Dr. Scott Young: How Big is the Size of Federal Debt?

5-17-2025

The U.S. national debt is a topic that often sparks heated debate. It’s a massive number, often thrown around with little context, leaving many wondering: how big is it really, what are the implications, and is there any way out? Let’s break down the key questions surrounding America’s fiscal future.

The sheer size of the U.S. federal debt can be difficult to comprehend. As of late 2023, it has surpassed $33 trillion. This figure represents the total amount of money the U.S. government owes to its creditors, including individuals, businesses, and other governments.

This debt is the accumulation of years of budget deficits, where the government spends more than it collects in revenue.

To put this into perspective, consider this analogy offered by Ben & Jerry’s co-founder, Bennett Cohen. He once famously attempted to visualize a smaller portion of the national debt—a billion dollars—by piling up a billion spoons of Ben & Jerry’s ice cream. The sheer volume required brought the abstract figure to life, underscoring the immensity of government spending. Now imagine that on a scale thousands of times larger!

The idea of “debt forgiveness” at a national level is complex. Unlike student loan forgiveness (a subset of the national debt), broad federal debt forgiveness isn’t typically discussed as a viable option.

The government’s creditors hold U.S. Treasury securities, which are generally considered among the safest investments in the world. Unilaterally forgiving this debt would severely damage the U.S.’s creditworthiness, leading to higher interest rates, a weaker dollar, and potential economic instability.

However, the rising interest payments on the debt are a growing concern. As the debt grows larger, so does the cost of servicing it. These interest payments divert funds from other essential government programs and services, further exacerbating the fiscal challenge. If interest rates continue to rise significantly, the burden of servicing the debt could become unsustainable.

The U.S. national debt is a significant challenge that demands serious attention. While the country has historically been able to manage its debt obligations, the current trajectory is unsustainable.

Addressing this issue requires a multi-faceted approach involving fiscal discipline, economic growth, and strategic debt management. Ignoring the problem will only lead to greater economic instability and a heavier burden on future generations. The time for responsible action is now.

Watch the video below from Dr. Scott Young for further insights and information.

https://youtu.be/rFhMu_3IosQ

https://dinarchronicles.com/2025/05/17/dr-scott-young-how-big-is-the-size-of-federal-debt/

Read More