Economist Called 1987 Crash, Issues Dire Warning for Danger Zone

Economist Called 1987 Crash, Issues Dire Warning for Danger Zone

David Lin:   6-8-2025

Renowned economist Mark Skousen, often dubbed “America’s Economist” and Doti-Spogli Endowed Chair of Free Enterprise at Chapman University, has issued a stark warning about the current economic climate, drawing parallels to his accurate prediction of the 1987 stock market crash.

 Speaking with David Lin, Skousen highlighted the potential dangers stemming from President Trump’s tariff policies and outlined investment strategies for navigating a landscape fraught with stagflation and financial market instability.

Skousen, a highly respected figure in the economic world, expressed serious concerns about the unintended consequences of tariffs.

 He argues that while the intention might be to protect domestic industries and incentivize manufacturing, these policies often lead to higher prices for consumers, disrupt supply chains, and ultimately stifle economic growth.

He believes these policies are pushing the economy closer to a “danger zone” characterized by increased uncertainty and volatility.

A key concern highlighted by Skousen is the rising threat of stagflation – a combination of stagnant economic growth and high inflation.

This scenario, which plagued the 1970s, is particularly worrisome as it presents policymakers with a difficult dilemma: measures to combat inflation could further dampen economic growth, while policies aimed at stimulating growth might exacerbate inflationary pressures.

Skousen’s warning, given his track record in predicting market downturns, should not be taken lightly. His emphasis on the potential ramifications of tariff policies, the looming threat of stagflation, and the need for strategic investment approaches offers valuable insights for investors seeking to protect and grow their wealth in these uncertain times.

While the future remains uncertain, Skousen’s analysis provides a framework for understanding the risks and opportunities that lie ahead. He urges investors to exercise caution, conduct thorough research, and adopt a proactive approach to managing their portfolios. Only then can they hope to weather the storm and emerge stronger on the other side.

https://youtu.be/dKEcg_4ykEs

More News, Rumors and Opinions Sunday PM 6-8-2025

KTFA:

Clare:  The President of the Republic of Iraq arrives in France

6/8/2025

Iraqi President Abdul Latif Jamal Rashid arrived in France on Sunday on an official visit to participate in the third United Nations Ocean Conference in Nice.

The President is accompanied on his visit by First Lady Shanaz Ibrahim Ahmed, Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein, and a number of officials and advisors. LINK

Clare:  Al-Sudani: 80 locally manufactured goods are being exported, and the development path will create a new Iraq.

6/8/2025

Prime Minister Mohammed Shia al-Sudani announced on Sunday that approximately 80 locally manufactured goods are currently being exported abroad, considering the vital "Development Road" project to enable Iraq to become an economic corridor serving the entire world.

Al-Sudani said in a statement during his meeting with a number of sheikhs and tribal leaders in Iraq, on the occasion of Eid al-Adha, that: “The fields of work are witnessing today a great deal of effort and the treatment of poor management and planning, and they have been returned to their proper path.”

He added that there are significant economic reforms underway, and that we have focused on the parallel economic sectors to oil, activating their contribution to the economy. He added, "We have been able to identify 80 Iraqi-made products that are currently being exported."

Al-Sudani continued, saying that Iraq could be an economic corridor serving global trade and the countries of the region, and that the path to development would create a new Iraq. He added, "We have established Iraq's position on various issues and the independence of its political decision-making."

In April 2024, Iraq, Turkey, the UAE, and Qatar signed a quadripartite agreement on the Iraq Development Road Project, under the auspices of Iraqi Prime Minister Mohammed Shia al-Sudani and Turkish President Recep Tayyip Erdoğan.

The agreement aims to enhance cooperation regarding Iraq's strategic development project, as the four countries will work to establish the necessary frameworks for its implementation, according to a statement issued by the Prime Minister's Office.

The strategic development road project is expected to contribute to stimulating economic growth and strengthening regional and international cooperation, achieving economic integration and sustainability between East and West.

The project will also increase international trade, facilitate the movement of goods, provide a new competitive transportation route, and enhance regional economic prosperity.

It's worth noting that the "Development Road" project is a land and railway route extending from Iraq to Turkey and its ports. The road and railway span 1,200 kilometers within Iraq and are primarily intended to transport goods between Europe and the Gulf states.

The project's investment budget is approximately $17 billion, including $6.5 billion for the expressway and $10.5 billion for the electric train. It will be completed in three phases, the first of which will end in 2028, the second in 2033, and the third in 2050.

The project is expected to provide approximately 100,000 job opportunities in the first phase, and one million job opportunities upon completion.   LINK

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

Militia Man  Iraq is under sanctions and is not actively traded globally at any significant means.  But when they are, when they do have a real effective exchange rate, there's going to be an impact to all [their] trading partners...When Iraq hits the Forex they're going to be monitoring all those [trading] countries to play by the rules with a level playing field...They're going to have to play fair with real fundamentals...They're not going to want anybody taking advantage of when Iraq has a real effective exchange rate.  They want a stable exchange rate.

MarkZ   [via PDK]  Article:  “The coordination framework calls for resolving disputes between the centre and the region through the legislation of the Oil and Gas Law” ...15 years ago – I was told that when this was done - we go…and quickly. I love seeing this enormous amount of political pressure. This law should be before parliament before the middle of June. 

Using Gold to Preserve Wealth & Rebuild After the Reset

Gold Rush Hour:  6-8-2025

In this episode of Gold Rush Hour, we break down how gold and silver protect your wealth during economic resets and currency collapses.

Fiat currency experiments eventually fail, and as inflation surges and national debt grows, more people are turning to gold for true financial security.

https://www.youtube.com/watch?v=u6IBeS50uzM

Iraq Economic News And Points To Ponder Sunday Afternoon 6-8-25

What Are The Reasons For The Decline In The Value Of The Issued Currency Printed In Iraq?

Economy |  08/06/2025   Mawazine News – Baghdad   Data from the Central Bank of Iraq (CBI) shows that the value of Iraq's issued currency (printed) is currently at its lowest level in a year.

According to the latest statistical data on the currency issued in Iraq in April 2025, the value of the issued currency (printed) amounted to 98.4 trillion Iraqi dinars, down from 99.8 trillion Iraqi dinars in March 2025.

This value of money issued in Iraq is the lowest in two years, specifically since March 2024, when the issued currency reached 98.3 trillion Iraqi dinars. https://www.mawazin.net/Details.aspx?jimare=262289

Stock Market: The Dollar Price Stabilizes In Local Markets

Buratha News Agency 211 2025-06-08  The dollar exchange rate in local markets in the capital, Baghdad, witnessed remarkable stability on Sunday, June 8, 2025. The selling price of the dollar reached 142,000 Iraqi dinars per 100 US dollars, while the buying price recorded 141,000 Iraqi dinars.

In Erbil, the selling price of the dollar was 141,750 dinars per $100, while the buying price was 141,500 dinars. In Basra Governorate, the selling price was 141,750 dinars per $100, while the buying price was 141,250 dinars.

This stability reflects a state of balance in the local currency market amid continued trading activity in Iraq's various governorates.   https://burathanews.com/arabic/economic/461068

Iraq Drops To 29th Place Among Countries With The Highest Gold Holdings In The World

Sunday, June 8, 2025 | Economic Number of readings: 34   Baghdad / NINA / Iraq dropped one place in the ranking of countries with the largest gold reserves in the world.

The World Gold Council stated, in a table, that "Iraq ranked 29th out of 100 countries listed in the table, after it was ranked 28th globally, and ranked fourth in the Arab world after Saudi Arabia, Lebanon and Algeria."

It added, "Iraq's gold holdings amounted to 162.7 tons, representing 12.9% of its total other reserves."

The table indicated that "the United States of America tops the list of the largest gold holders in the world, followed by Germany, then Italy, while Iceland and Tobago came at the bottom of the list." / End

https://ninanews.com/Website/News/Details?key=1232246

Iraq's Oil Exports To The US Declined Last Week

Sunday, June 8, 2025 | Economic Number of readings: 127   Baghdad/ NINA / The US Energy Information Administration announced a decrease in Iraqi exports to the United States during the past week.

The administration stated in a table that "the average US imports of crude oil during the past week from 9 major countries amounted to 5.491 million barrels per day, a decrease of 309 thousand barrels per day compared to the previous week, which amounted to 5.800 million barrels per day.

It added that the average "Iraqi oil exports to America amounted to 214 thousand barrels per day, a decrease of 21 thousand barrels per day compared to the previous week, which amounted to 235 thousand barrels per day."

The administration indicated that "the largest oil revenues to America during the past week came from Canada, followed by Saudi Arabia, Brazil, Mexico, Colombia and Iraq."

According to the table, "the amount of US imports of crude oil continues from Venezuela, Nigeria and Ecuador." / End   https://ninanews.com/Website/News/Details?key=1232260

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

Bill Gates’ Top 5 Tips for Getting Richer

Bill Gates’ Top 5 Tips for Getting Richer

Gabriel Vito  Sat, June 7, 2025  GOBankingRates

Bill Gates didn’t just co-found Microsoft and become one of the richest people on Earth; he did it by thinking long-term, building smart habits and staying relentlessly curious.

And here’s the good news: many of his most valuable money strategies don’t require a billion-dollar business or a computer science degree. Gates has shared several principles that can help anyone, regardless of their salary, become wealthier over time. Below are five Gates-inspired tips to grow your wealth, build resilience and start thinking like a billionaire.

Build Skills That Never Go Out of Style

Gates is a lifelong learner, someone who reads dozens of books a year and still makes time for in-depth study. “Reading is still the main way that I both learn new things and test my understanding,” Gates said in an interview with The New York Times.

He’s particularly bullish on learning to code, analyze data or understand science and systems thinking. But it doesn’t have to be technical. What matters is picking up skills that add long-term value and can grow with you, like writing, solving complex problems or leading a team.

Stay Optimistic, Even When Progress Is Slow

Gates is a long-term thinker. He’s spent decades solving massive global problems, from eradicating diseases to rethinking energy and he’s often said that believing progress is possible is the first step to making it real. “Even in dire situations, optimism fuels innovation and leads to new approaches that eliminate suffering,” Bill Gates said during his 2014 commencement address at Stanford University.

That same mindset applies to building wealth. If you’re starting from scratch, it’s easy to feel like you’ll never get ahead. But optimism, paired with consistent action, is what keeps you moving forward.

Wealth isn’t built overnight. It’s built by people who believe their effort matters and who keep going even when it doesn’t feel flashy or fast.

Save Cautiously, But Bet Boldly on the Future

TO READ MORE:  https://www.yahoo.com/finance/news/bill-gates-top-5-tips-180040321.html

All Fiat Currencies Will Collapse | Kerry Lutz

All Fiat Currencies Will Collapse | Kerry Lutz

Liberty and Finance:  6-7-2025

The global financial system is in a state of slow-motion collapse, eroding individual freedoms and demanding a shift in financial strategy.

That’s the stark warning from Kerry Lutz, founder of the Financial Survival Network, in a recent conversation with Liberty and Finance.

Lutz, who has long voiced concerns about the fragility of the existing financial order, believes his early warnings are now being validated by market realities.

Lutz argues that the signs are everywhere, from the surging price of gold to the increasing adoption of Bitcoin, and the ineffectiveness of traditional economic safeguards to protect against currency debasement. He emphasizes that these aren’t isolated incidents, but rather symptoms of a deeper systemic malaise.

A key element of Lutz’s strategy for navigating this uncertain landscape is holding tangible assets, particularly precious metals like gold and silver. He sees these assets as a crucial hedge against inflation and currency devaluation, offering a real sense of security in a world where traditional financial instruments are increasingly vulnerable.

He also highlights a growing movement within the United States, where states are beginning to recognize gold and silver as legal tender.

 This, Lutz believes, is a positive step towards empowering individuals and giving them greater control over their financial futures. By allowing citizens to transact directly with precious metals, it bypasses the traditional banking system and offers a tangible alternative to fiat currency.

Lutz’s message is clear: the comfortable assumptions of the past no longer hold true. The reliance on traditional financial institutions and government safeguards is proving increasingly risky.

 In this environment, individuals must take proactive steps to protect their wealth and secure their financial futures. Investing in tangible assets, understanding alternative currencies, and staying informed about the changing financial landscape are all crucial components of a survival strategy in this era of “slow-motion collapse.”

While the future remains uncertain, Kerry Lutz’s message serves as a powerful call to action, urging individuals to take control of their financial destinies and prepare for a world drastically different from the one they once knew.

INTERVIEW TIMELINE:

0:00 Intro

 1:43 Free speech

 9:00 Dollar destruction

19:19 Gold, silver, & cryptocurrency

29:17 Dangers of AI

https://www.youtube.com/watch?v=byehRL5BHog

News, Rumors and Opinions Sunday 6-8-2025

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. 8 June 2025

Compiled Sun. 8 June 2025 12:01 am EST by Judy Byington

Global Financial Crisis:

Wed. 4 June 205 OPERATION SANDMAN: 100+ NATIONS DETONATE THE DOLLAR — THE GLOBAL RESET HAS BEGUN …Nesara Gesara on Telegram

It has officially started. The silence that follows will be louder than any bomb. Over 100 nations — from BRICS to OPEC+, ASEAN to Africa’s awakened blocs — have (allegedly) signed onto a single coordinated strike: walk away from the dollar. No missiles. No warheads. Just abandonment. This is Operation Sandman, and its activation will (allegedly collapse the American empire from within.

For fifty years, the U.S. lived on borrowed time — printing fiat dollars, enforcing petrodollar supremacy, and masking inflation behind false prosperity.

But the world has had enough. They’ve watched the Fed counterfeit value, export debt, and weaponize the dollar against weaker nations. And now, the trap has been set.

Once triggered, every dollar-based trade system will be abandoned overnight. Gold, national currencies, and sovereign digital assets will take its place. No warning. No gradual decline. Just sudden, irreversible collapse.

Treasury markets will freeze. Bonds will become worthless. The Fed will lose control. The era of fake wealth ends in a heartbeat. This is not economic theory. This is economic warfare.

At the core is the petrodollar — the system that made the dollar mandatory for oil trade since the 1970s. The moment that collapses, the dollar’s artificial demand evaporates. And that’s exactly what Sandman is calibrated to do. This is the end of the game — and the U.S. is not ready.

Retirement accounts? Vaporized. Stock market value? Obliterated. Real estate bubbles? Burst. Middle class savings? Gone.

This isn’t a crash. It’s a controlled demolition — engineered by the very nations that once propped America up. Now, they’re walking away and letting it burn.

One man saw it coming and was prepared. President Donald J. Trump has long warned of the dollar’s fragility and the globalist plot behind it. Now, with Sandman in motion, he’s preparing the counterstrike: – Reinstating a gold-backed U.S. currency  – Launching a sovereign digital dollar  – Cutting ties with globalist banking networks  – Declaring economic martial law if necessary.

This isn’t about inflation anymore. It’s about survival. Trump’s plan is to restore America’s economy, destroy the central bank cartel, and return sovereignty to the people — with real money, real value, and real independence. The media will lie. The Fed will panic. The people will suffer.

But history will remember this moment — when 100+ nations said “enough,” and ended the counterfeit empire with a whisper, not a war.

The Great Reset is no longer coming. It’s already begun. Brace for impact. And remember this: silence can collapse an empire.

~~~~~~~~~~~~~

Behind the Scenes:

Quantum Systems Check:

• QFS data trials began silently across IMF outposts last week.
• ISO token pathways were tested for 72 hours inside EU central clearing hubs.

The event itself is biblical — not in metaphor, but in consequence.

In that void, everything shifts. EXPECT:
• Activation of Rainbow-backed digital wallets in all aligned nations

The illusion is collapsing. The real structure is already in place. QFS. MedBeds. Biometric sovereign systems. Justice grids. Quantum Truth Hubs.

Everything we told you was coming — is already functional. We’re not waiting for permission. We’re not hoping for approval. The storm is mathematical, spiritual, and surgical.

You are in the final hour before the light pierces the veil. Let it come. Let it all fall. Because what rises next… is not the old world reborn. It’s humanity, finally sovereign.

~~~~~~~~~~~~~

Judy Note: It was my understanding that Redemption Centers could give you a higher rate on exchange of your currencies than could a bank. The much higher Dinar Contract rate was only available at a Redemption Center. Zim could only be redeemed at a Redemption Center, not at a bank. They will be sending out notifications on how to obtain an appointment at a Redemption Center and such will be posted in my updates and on various Dinar websites.

Read full post here:  https://dinarchronicles.com/2025/06/08/restored-republic-via-a-gcr-update-as-of-june-8-2025/

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

Frank26  Look at what Forex is doing with the Iraqi dinar.  When you have a bank that tells you, 'Oh, we're never going to deal with the Iraqi dinar.' Or whatever they say to you, just keep it in the back of your mind what bank said that to you.  Remember who lied to you because they didn't have to do that.  All they needed to do was say no comment.  We have no idea.  But no they decided to lie to us...We can choose which banks [we use]...  

Sandy Ingram  Here is another reason we believe something is happening behind the curtains.  First it was Facebook representatives meeting with the Iraqi prime minister and now it's Elon Musk's Space X.  These mega corporation would not be meeting with Iraq unless there are mega bucks attached to the deals. 

There’s some good news about the IQD Iraqi dinar

Nader:  6-7-2025

https://www.youtube.com/watch?v=lAZ0w28VOjU

World Bank Stepping Up Support for Iraq, US Not Made a Statement on IQD

Edu Matrix:  6-8-2025

In this video, we explore a major development: the *World Bank is stepping up support for Iraq* with targeted infrastructure investments.

A recent high-level meeting in Baghdad between World Bank officials and Iraqi leadership signals a powerful alignment on national priorities—from *transportation and energy* to **water and public services**.

Meanwhile, the geopolitical chessboard is heating up. With China already leading in oil production and infrastructure, the U.S. and its allies are stepping in to counterbalance foreign influence through strategic investments in Kurdistan and broader Iraq.

Could this shift affect the **value of the Iraqi currency**? We break it down.

https://www.youtube.com/watch?v=lkretEcUO1o

Iraq Economic News And Points To Ponder Sunday Morning 6-8-25

140 Trillion Dinars Enter The Iraqi Treasury In One Year, 91% Of Which Comes From Oil.

Energy and Business     breaking   2025-06-06 23:32  Shafaq News/ The Iraqi Ministry of Finance revealed on Saturday that the revenues in the 2024 federal budget exceeded 140 trillion dinars, confirming that  oil contributed 91% of those revenues.
 
Shafaq News Agency reviewed the data and tables issued by the Ministry of Finance in May for the previous fiscal year's accounts, which showed that oil remains the primary source of revenue for Iraq's general budget, accounting for 91% of the total.

This indicates that the rentier economy remains the foundation of the budget structure.
 
The tables indicate that
 
     total revenues in 2024 amounted to 140 trillion, 774 billion, 106 million, 157 thousand, and 464 dinars, while
     total expenditures amounted to 125 trillion, 214 billion, 440 million, 53 thousand, and 991 dinars.
 
According to the tables,
 
     oil revenues amounted to 127 trillion, 536 billion, 400 million, and 812 thousand dinars,
representing 91% of the general budget, while
     non-oil revenues amounted to 13 trillion, 237 billion, 705 million, and 728 thousand dinars.
 
In this regard, economic expert Mohammed al-Hasani told Shafaq News Agency,
 
"Iraq's reliance on oil for its public revenues indicates that
the country is still suffering under the burden of a rentier economy, disguised unemployment, and other economic problems
 
that constitute an obstacle to any progress."

He added,  "Iraq needs major economic reforms focused on
     diversifying the economy,
     improving spending efficiency, and
     combating financial waste
to ensure a sustainable economic future."
 
In March 2021, the Prime Minister's financial advisor, Mazhar Mohammed Salih, told Shafaq News Agency that the
 
reasons for the economy remaining rentier are due to the
     wars and
     economic blockade imposed over the past decades, as well as the
     political conflicts Iraq is currently witnessing, which have led to the dispersion of economic resources.

The Iraqi state's continued reliance on oil as the sole source of its public budget
exposes the country to the risk of global crises linked to oil markets.
 
This forces it to cover its deficit through external or domestic borrowing each time.
 
This indicates a
 
     weakness in the management of public funds and an
     inability to find alternative financing solutions.    
  
https://shafaq.com/ar/اقتصـاد/140-تريليون-دينار-تدخل-خزينة-العراق-في-عام-91-منها-من-النفط 

Iraq Moves Towards Its "Forgotten Treasure"

Posted on2025-06-07 by sotaliraq  On Friday, the Parliamentary Foreign Relations Committee called on the Iraqi Ministry of Foreign Affairs to demand that ambassadors and chargés d'affaires at embassies and consulates abroad take serious action to inventory Iraqi property and officially return it to state ownership.

$90 billion in the shadows... Iraq searches for a map of its forgotten treasure.
Committee member Mukhtar al-Moussawi said, "Iraq has numerous assets and real estate properties in various countries around the world, and all their original and documentary evidence is available.

However, it requires intensive efforts to inventory them and take the necessary measures to recover them from those entrusted with them or those in whose names they were registered during the former regime."

Al-Moussawi called on the Iraqi Ministry of Foreign Affairs to "demand that Iraqi consuls and ambassadors take the necessary action and make genuine efforts to recover these numerous Iraqi assets, valued at millions of dollars, including a large mosque in Australia, large tea plantations in Sri Lanka, and farms in Yemen."

Regarding the lifting of the seizure of some properties belonging to the former regime within the Green Zone, Al-Moussawi confirmed that "some properties will be sold to their occupants at a price estimated at four million Iraqi dinars per square meter, a price that is not commensurate with the importance and location of these properties."

Shafaq News Agency revealed in an investigation, citing senior diplomatic sources, that Iraq has at least 50 real estate and investment projects spread across Europe, Asia, and Africa, including luxurious palaces, farms, banks, commercial offices, and strategic factories.

These assets were part of Iraq's expansionist economic policy during the 1970s and 1980s, when it used oil revenues to purchase strategic assets around the world to bolster its economic and diplomatic standing.

However, after the fall of the regime in 2003, this issue entered a cycle of neglect and loss. The Parliamentary Integrity Committee revealed that essential property documents had been stolen or destroyed, that some properties had been transferred to individuals or front companies affiliated with the former regime or networks linked to it, while others remained without any significant follow-up.

Initial estimates put the value of these assets at between $80 and $90 billion. Economists believe that recovering even a small portion of them or investing them properly could generate sustainable revenues for a country whose budgets depend almost exclusively on crude oil exports.

However, according to legal experts, some of these assets may have been subject to statutes of limitations in host countries, or were subject to legal actions that legalized ownership by third parties after Iraq's absence from the scene for two decades.

In addition, there is a fear that internal political interference could hinder recovery efforts, especially if current properties are tied to powerful interests or old contracts that are difficult to cancel without engaging in complex legal disputes.  LINK

Where Did It Go? .. Iraq's Internal Public Debt Is Rising.

Posted on2025-06-07 by sotaliraq   June 7, 2025  The Central Bank of Iraq announced today, Saturday, that Iraq's domestic public debt rose at the end of March of this year, revealing the entities to which the debts were allocated.

The bank stated in an official statistic that Iraq's domestic debt rose to 85.536 trillion dinars at the end of March 2025, compared to 82.608 trillion dinars in February.

She added that this debt also increased by 2.91% compared to the end of 2024, which amounted to 83 trillion and 50 billion dinars, and increased by 17.53% compared to the end of 2023, which amounted to 70 trillion and 585 billion dinars.

The bank explained in its statistics that these debts, amounting to 85.536 billion dinars, come in the form of bonds amounting to 12,567,939 trillion dinars, in the form of government bank loans amounting to 5,800,000 trillion dinars, and in the form of loans to financial institutions amounting to 13,352,406 trillion dinars.

He added that the debt also comes from treasury transfers for the Ministry of Finance amounting to 2,030,000 trillion dinars, treasury transfers amounting to 51,030,130 trillion dinars, and debts on the Ministry of Finance amounting to 755 billion and 519 million dinars.  LINK

Basra Crude Records Weekly Gains Of 2.42%

economy | 07/06/2025  Mawazine News - Baghdad -  Basra Heavy and Medium crude oils posted weekly gains, as global oil prices rose.

Basra Heavy closed the last session on Friday, up 40 cents, reaching $61.83 a barrel, recording weekly gains of $1.46, or 2.42%.

Basra Medium crude also closed the same session, up 40 cents, reaching $64.68 a barrel, achieving weekly gains of $1.15, or 1.81%.

Globally, Brent and Texas Intermediate crudes posted weekly gains at the settlement after two consecutive weeks of decline. Brent crude rose 2.75% since the beginning of the week, while West Texas Intermediate crude increased by 4.9%.   https://www.mawazin.net/Details.aspx?jimare=262248  

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

Seeds of Wisdom RV and Economic Updates Sunday Morning 6-8-25

Good Morning Dinar Recaps,

Europe Gears Up to Regulate DeFi in 2026 as MiCA Leaves Sector in Limbo

As the EU’s sweeping MiCA framework rolls out, decentralized finance remains in regulatory gray space — but not for long.

DeFi’s Legal Status Under MiCA Still Unclear

European regulators are preparing to address decentralized finance (DeFi) directly in 2026, but the foundational challenge remains: what does “decentralization” actually mean?

The Markets in Crypto-Assets Regulation (MiCA) — the world’s first comprehensive crypto regulatory framework — came into force on December 30, 2024, aiming to protect investors, fight fraud, and strengthen stablecoin oversight. But DeFi protocols are still operating in a legislative gray zone.

Speaking on Cointelegraph’s Chain Reaction X Spaces on June 4, Vyara Savova, senior policy lead at the European Crypto Initiative (EUCI), pointed out the core issue:

“No one actually knows what EU policymakers mean by DeFi.”

Although MiCA outlines detailed licensing and compliance obligations for centralized actors, DeFi has been left largely undefined — and potentially out of scope.

Mid-2026: The Year of DeFi Regulation in the EU

Savova noted that starting mid-2026, EU authorities will begin the process of legally defining decentralization — a prerequisite for regulating DeFi in earnest. Until then, DeFi platforms operate in uncertainty.

One of the most contested elements of the original MiCA rollout was its treatment of decentralized protocols. Critics argued it imposed the same Know Your Customer (KYC) and licensing requirements on DeFi as it does on traditional financial entities — a problematic mismatch.

However, Recital 22 in MiCA offers some hope. It states that fully decentralized crypto-asset service providers “should not fall within the scope of this Regulation.” The challenge? There’s still no working definition of “fully decentralized.”

MiCA 2? Not Happening, Says EUCI

Despite prior calls — even from European Central Bank President Christine Lagarde — for a MiCA II to address these gaps, that sequel regulation appears to be off the table.

According to Marina Markezic, executive director and co-founder of EUCI:

“You have probably heard about a potential MiCA II. It’s not happening.”

Instead, any updates are expected to be narrow and targeted — particularly around stablecoins — rather than a full legislative overhaul.

MiCA continues to undergo rolling revisions every 12 to 18 months, allowing the EU to respond to emerging gaps without reopening the entire framework.

The Bottom Line

Europe’s crypto regime is evolving — and DeFi is finally in the spotlight. But until lawmakers can clearly define what counts as decentralized, protocols will remain caught between legal categories.

With 2026 shaping up to be a turning point, the EU must now strike a balance between innovation, security, and clarity.

@ Newshounds News™
Source:  Cointelegraph

~~~~~~~~~

XRP Has Privileged Role on XRPL, Ripple CTO Explains Key Advantages

Ripple’s chief technologist underscores XRP’s indispensable position in the XRPL ecosystem, affirming its critical role in liquidity, decentralization, and fee mechanisms.

XRP’s Core Role in the XRPL Ecosystem Reaffirmed by Ripple CTO

Ripple Chief Technology Officer David Schwartz took to X (formerly Twitter) on June 4 to clarify XRP’s foundational place within the XRP Ledger (XRPL).

Responding to community debate about XRPL’s evolving token ecosystem, Schwartz outlined why XRP remains uniquely essential despite the ledger’s growing diversity.

“The XRPL is more than just XRP. There are stablecoins, there will be tokenized real world assets, loans of all kinds of things. A DEX doesn’t work with just one asset.”

That said, Schwartz emphasized that XRP maintains a privileged role in the protocol’s architecture that no other token can replicate.

Why XRP Is Still Indispensable

Schwartz detailed several ways XRP is structurally embedded into XRPL’s functionality:

• Universal Reception: “It’s the only asset that any account can receive.”

• No Counterparty Risk: XRP doesn’t require trust lines or third-party issuers.

• Liquidity First: “Pathfinding checks for XRP liquidity first.”

• Autobridging: The system prioritizes XRP for bridging trades between other assets.

• Fee Payments: XRP is the only asset that can be used to pay XRPL transaction fees.

These design features give XRP an architectural advantage in routing liquidity, powering decentralized exchanges (DEXs), and facilitating trustless payments across the ledger.

Market Value vs. Ledger Utility

Schwartz concluded with a reflection on the difficulty of quantifying XRP’s market value as a function of XRPL’s utility:

“The question to ponder is how much value XRPL can generate and to what extent that can turn into XRP value.”

He noted the challenge in measuring how XRPL adoption directly translates into demand for XRP — but reiterated that its native, non-replicable role within the network is fundamental to any such growth.

While critics have questioned XRP’s dependency on Ripple or the need for a native token, the protocol’s technical framework continually reinforces XRP’s status as the central asset for liquidity, fees, and routing across a growing DeFi landscape.

Bottom Line

As the XRPL expands to support stablecoins, tokenized assets, and loans, XRP remains its keystone. The core functions of the ledger — from payment settlements to DEX operations — are still fundamentally tied to XRP, reinforcing its long-term strategic relevance.

@ Newshounds News™
Source:  Bitcoin News

~~~~~~~~~

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“Tidbits From TNT” Sunday Morning 6-8-2025

TNT:

Tishwash:  Al-Mashhadani meets Bin Salman during his visit to perform Hajj.

A call for relations befitting the two peoples

Parliament Speaker Mahmoud al-Mashhadani met with Saudi Crown Prince Mohammed bin Salman in Mecca on Saturday, where they discussed bilateral relations and ways to enhance cooperation to serve the interests of both peoples.

Parliament Speaker Dr. Mahmoud Al-Mashhadani met with Saudi Crown Prince Mohammed bin Salman on Saturday during his visit to the Kingdom of Saudi Arabia to perform Hajj.

The meeting discussed the relationship between the two countries and common interests.

President Al-Mashhadani emphasized the depth of Iraqi-Saudi relations and the need to work to strengthen them to a level befitting the two brotherly peoples.  link

Tishwash:  Ammar Al-Mashat: Iraq needs to create a more attractive investment environment.

Economic expert Ammar Al-Mashat stressed the need to create a more attractive investment environment in Iraq.

Al-Mashat said the country requires a large-scale effort capable of absorbing global and international efforts, noting that, at the same time, specialized international companies are looking to work within Iraq.

 He pointed out that the private sector has begun providing all the equipment required for work in all sectors, and this is credited to the efforts of the national private sector.

He pointed out that agents of international companies specializing in heavy equipment in Baghdad provide all the requirements of investment companies.  link

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Tishwash:  MP: The results of the Baghdad Development Summit on Iraq will be revealed soon. 

Member of Parliament Mohammed Al-Ziyadi confirmed today, Saturday, June 7, 2025, that the results of the Baghdad Summit, which witnessed effective Arab participation, will appear soon.

Al-Ziyadi told Baghdad Today, "Iraq does not want to make the results 'ink on paper' like the previous Arab summits, but rather wants to translate those results into reality, especially economic and developmental issues, and for this reason they will be translated soon, especially in Iraq."

He added, "Iraq has become a fertile economic and developmental land at various levels, and there is a strong regional and international will to enter the Iraqi arena for investment and economic activity, which will strengthen its economic and financial position in the coming period."

On May 17, the capital, Baghdad, hosted the Arab League Summit and the fifth Arab Economic and Social Development Summit.

In its closing statement, the development summit affirmed its firm commitment to supporting joint Arab development action, strengthening Arab solidarity, and achieving economic and social integration among Arab countries.

The Development Summit approved the Arab Food Security Strategy for the period (2025-2035), calling for the mobilization of energies and resources to implement it, ensuring the achievement of Arab food security to confront current and future challenges.

She stressed the importance of developing the Greater Arab Free Trade Area and fulfilling the requirements for establishing the Arab Customs Union, calling for the removal of all obstacles to achieving this strategic goal.  link

Mot:  . Too Seasoned for nonsense now. 

Mot:  and Yet another ""Mot isium"" fer Ya Today!!!  

More News, Rumors and Opinions Saturday PM 6-7-2025

KTFA:

Clare:  Economic Council: Broad interest from regional and international companies to participate in the Iraq Investment Forum.

6/6/2025  Baghdad - 

 Iraqi Economic Council Chairman Ibrahim Al-Masoudi Al-Baghdadi affirmed on Friday that Iraq has become a destination for investment in the Middle East, thanks to the government's extensive support for investment and investors.

 Addressing the Iraq Investment Forum, he revealed widespread interest from regional and international companies to participate, noting that more than 250 investment opportunities will be showcased.

 Al-Baghdadi told the Iraqi News Agency (INA): “This explains the change and geopolitical orientation towards Iraq, which has today become the investment destination in the Middle East,” noting that “just a year ago, we were facing great difficulty in inviting investors to attend conferences or forums inside Iraq, but today there is a widespread desire from important companies and countries from the Gulf, the Middle East, Europe, America and Arab countries to participate in the Iraq Investment Forum scheduled to be held on June 14 and 15.”

He added, "There is growing demand due to the abundance of quality and profitable opportunities, especially since Iraq has lived through long years of war, siege, and terrorism, creating an urgent need for all types of projects. Today, we are beginning to see the results of the hard work and efforts of the past years."

He explained, "Today's investor is looking for an unsaturated market. For example, building a five-star hotel in Dubai means competing with 650 hotels of the same category, while Iraq currently needs approximately 60 hotels, according to the Minister of Culture, Tourism, and Antiquities. This provides a golden opportunity for any investor to operate in an environment virtually devoid of competition."

Al-Baghdadi pointed out that "Iraq is the largest market in the region, and its environment has become attractive to investments," predicting that "the next ten to twenty years will witness Iraqi superiority in investment competition with countries in the region."

Regarding the Iraq Investment Forum, Al-Baghdadi explained that "the forum will showcase more than 250 investment opportunities, including 150 direct opportunities, 31 of which are in the electricity sector, and more than 15 in the oil sector, in addition to dozens of opportunities in industry, agriculture, transportation, information technology, industrial cities, and free zones." He noted that "the Ministry of Industry will showcase 97 opportunities within the partnership mechanism with its companies."

He explained that "these projects will contribute to creating thousands of job opportunities, and may reach hundreds of thousands in the coming years, as part of the National Investment Commission's plans."   LINK

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Clare:  140 Trillion dinars enter the Iraqi treasury in one year, 91% of which comes from oil

6/7/2025

The Iraqi Ministry of Finance revealed on Saturday that the revenues in the 2024 federal budget exceeded 140 trillion dinars, confirming that oil contributed 91% of those revenues.

Shafaq News Agency reviewed the data and tables issued by the Ministry of Finance in May for the previous fiscal year's accounts, which showed that oil remains the primary source of revenue for Iraq's general budget, accounting for 91% of the total. This indicates that the rentier economy remains the foundation of the budget structure.

The tables indicate that total revenues in 2024 amounted to 140 trillion, 774 billion, 106 million, 157 thousand, and 464 dinars, while total expenditures amounted to 125 trillion, 214 billion, 440 million, 53 thousand, and 991 dinars.

According to the tables, oil revenues amounted to 127 trillion, 536 billion, 400 million, and 812 thousand dinars, representing 91% of the general budget, while non-oil revenues amounted to 13 trillion, 237 billion, 705 million, and 728 thousand dinars.

In this regard, economic expert Mohammed al-Hasani told Shafaq News Agency, "Iraq's reliance on oil for its public revenues indicates that the country is still suffering under the burden of a rentier economy, disguised unemployment, and other economic problems that constitute an obstacle to any progress."

He added, "Iraq needs major economic reforms focused on diversifying the economy, improving spending efficiency, and combating financial waste to ensure a sustainable economic future."

In March 2021, the Prime Minister's financial advisor, Mazhar Mohammed Salih, told Shafaq News Agency that the reasons for the economy remaining rentier are due to the wars and economic blockade imposed over the past decades, as well as the political conflicts Iraq is currently witnessing, which have led to the dispersion of economic resources.

The Iraqi state's continued reliance on oil as the sole source of its public budget exposes the country to the risk of global crises linked to oil markets. This forces it to cover its deficit through external or domestic borrowing each time. This indicates a weakness in the management of public funds and an inability to find alternative financing solutions.  LINK

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

Mnt Goat  where...are...we...with the RV saga... The choo-choo train is still moving down the tracks quickly. It may make stops along the way, such as to combat money laundering, implementing financial reforms, implementing the Development Road Project, etc, etc.  ...Many of these plans are already accomplished, some now in motion and some still in the planning stages...They do not have to implement all of these plans to get there...Later this wealth will sustain the value of the dinar once reinstated...all trains eventually make it to the end of track. This end is coming.

Bruce   [via WiserNow]  You've got a holiday...in Iraq...it starts Friday and ends on Monday...we talked about Eid al Adwa...in the past... they are supposed to…Let's use the term revalue their Iraqi dinar over the weekend... that did happen over that four day holiday in Kuwait... I think that this weekend, I've been told by our...sources, officially revalue the Iraqi dinar and bring it out. I'm going to say Monday or Tuesday probably Tuesday... 

Is China Secretly Resetting the Gold Price?

Daniela Cambone:  6-7-2025

“You can’t reset the gold price. It’s global. No one nation can do that,” says Dr. Nomi Prins, international economist and investigative journalist.

In an interview with Daniela Cambone, Prins unpacks the myths behind recent headlines claiming China is resetting the gold price.

 She clarifies that while China isn’t resetting the price, it is making structural moves to reduce its reliance on the U.S. dollar and elevate gold’s role in trade and settlement.

“What China is doing is accumulating more gold in its reserves while it is selling US Treasury bonds,” she explains. Addressing the upcoming July 1 Basel III deadline, Prins notes that gold is already classified as a Tier 1 asset under current rules. However, it is not yet recognized as a High-Quality Liquid Asset (HQLA) in the U.S. banking system.

“The July 1st date matters, but the attribution to the date that’s out there is mostly inaccurate,” she says, emphasizing that the Fed’s decision remains uncertain.

Chapters:

00:00 — Is China Resetting the Gold Price?

06:02 — The Role of Gold and the Yuan

09:08 — Can Any Country Control the Gold Price?

10:43 — What Happens on July 1 Under Basel III?

16:08 — Ray Dalio’s Warning on Debt

https://www.youtube.com/watch?v=CJt2_H2xg6s

$28 Trillion Bond Market Crash, Stagflation Fears Rise as Defaults Loom and Debt Rises

$28 Trillion Bond Market Crash, Stagflation Fears Rise as Defaults Loom and Debt Rises

Lena Petrova:  6-6-2025

The global bond market, a bedrock of financial stability, is experiencing tremors of unprecedented magnitude. A staggering $28 trillion has been wiped off the value of bonds worldwide, raising serious concerns about a looming crisis fueled by rising inflation, sluggish economic growth, and burgeoning US debt.

Could this market correction be a harbinger of stagflation, leading to widespread defaults and economic turmoil?

The bond market, traditionally a safe haven, is sounding the alarm. As interest rates rise, the value of existing bonds falls.

 This is because new bonds are issued with higher yields, making older bonds less attractive. The $28 trillion loss reflects investors selling off bonds in anticipation of further rate hikes and concerns about the ability of borrowers to repay their debts.

The fear is that this market turmoil could trigger a cascade of defaults. Companies and countries with high debt levels may find it increasingly difficult to meet their obligations as borrowing costs rise. This could lead to bankruptcies, sovereign debt crises, and further instability in the financial system.

The US, as the world’s largest economy, holds a central position in the global financial system. However, the country’s massive debt load is raising concerns about its long-term fiscal sustainability. If investors lose confidence in the US government’s ability to manage its debt, it could trigger a sell-off in US Treasury bonds, leading to even higher interest rates and potentially a full-blown debt crisis.

The situation is fluid and highly uncertain. Central banks are walking a tightrope, trying to combat inflation without triggering a severe recession. Governments need to implement responsible fiscal policies to manage their debt levels and support economic growth.

The $28 trillion bond market crash is a stark reminder of the challenges facing the global economy. The specter of stagflation, rising interest rates, and swelling debt levels are creating significant risks.

While the future remains uncertain, one thing is clear: navigating this turbulent period will require prudent policies, vigilance, and a healthy dose of caution.

The coming months will be crucial in determining whether this bond market tremor evolves into a full-blown earthquake.

Watch the video below from Lena Petrova with L. McDonald for further insights and information.

https://youtu.be/uIE6FTPnMZM