Parliamentary move to summon Al-Sudani and the Minister of Finance
Member of Parliament, Mohammed al-Khafaji, revealed on Sunday a parliamentary move to summon Prime Minister Mohammed Shia al-Sudani and Finance Minister Taif Sami to Parliament to discuss the current financial crisis.
Al-Khafaji told Al-Maalouma, “There is an urgent need to summon those concerned to understand the repercussions of the financial crisis the country is experiencing and to develop effective solutions.”
He added, "The summons also aims to discuss the constitutional violations committed by the Cabinet, represented by making strategic decisions and signing contracts that exceed the powers of a caretaker government."
He pointed out that "the Constitution defines the government's duties at this stage, and any action outside this framework is a legal violation that necessitates accountability and parliamentary oversight." link
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything, and it is best to watch the video to receive full context. Always consult a professional before making any financial decisions.
A New Week… Same Global Tension
The call opened with a familiar feeling across the community:
“Good morning and welcome to a new week of possibilities.”
Yet the mood quickly turned realistic:
“The weekend was a nothing burger… so hoping the week is better.”
Despite the quiet surface, the underlying global financial pressure continues to intensify, and according to
MarkZ, what’s happening behind the scenes is anything but calm.
Bond Market Update: Quiet… But Watching Closely
MarkZ confirmed that on the bond side:
Activity remains quiet, as expected for a Monday morning
No unexpected movement — yet
Any sudden changes will be shared immediately via Truth, X, or Telegram
Silence in the bond market doesn’t mean stability — it often means tension is being artificially managed.
Federal Reserve Injects $56 Billion: Why This Matters
One member highlighted a major development:
“The Federal Reserve is injecting $56 billion into the banking system over the next three weeks.”
MarkZ Response:
The measures being taken right now are extreme.
🇯🇵 Japan is struggling to prevent bond collapse
🇺🇸 The U.S. is fighting to prevent bank implosions
Liquidity injections are damage control, not growth
👉 When central banks inject liquidity at this scale, it signals systemic stress, not strength.
China Dumps U.S. Treasuries — And No One Wants Them
Another major topic raised:
“China has announced they will be dumping $600 billion in U.S. Treasuries.”
MarkZ added a sobering observation:
“Nobody wants U.S. treasuries… even U.S. citizens don’t buy them much anymore.”
This points to:
Declining confidence in debt-based assets
A global shift away from paper promises
Growing interest in
hard assets and alternative systems
Is the Yuan Gold-Backed? Clarifying the Narrative
When asked about China backing the yuan with gold:
MarkZ clarified:
China introduced a hybrid gold-backed yuan years ago
Used primarily for international oil trade
Not a full retail gold standard — but a strategic move
This reinforces a long-term trend: de-dollarization is real and accelerating.
Iraq Update: Political Gridlock and Digital Control
Parliament Dysfunction Continues
“Iraq Parliament held a session for minutes and adjourned until further notice.”
Sessions are being:
Opened briefly
Shut down quickly
Pushed back repeatedly
Political instability remains a major frustration.
ASYCUDA and Customs Reform: A Quiet Game Changer
Despite political chaos, MarkZ highlighted something critical:
“They are sticking to their guns on customs and imports.”
ASYCUDA (digital customs system):
Forces all imports to be tracked digitally
Eliminates bribery and corruption
Stops money leakage to political elites
Speculators and smugglers are actively pushing false narratives to stir unrest — a sign the system is working.
Comex, Silver, and a Broken Market
One of the most alarming discussions involved silver:
“Comex is in crisis: the Western silver racket implodes as China and India take control.”
MarkZ confirmed:
A recent bank failure was tied to silver exposure
Physical supply is extremely tight
Paper silver markets are structurally broken
Bill Holter echoed this concern:
“If you sell your silver, you probably won’t be able to replace it.”
ATM Shutdowns and Public Awareness
A member shared:
“My bank texted me that ATMs will be shut down on the 16th & 17th.”
While localized outages happen for many reasons, they add to a growing sense of unease.
As one member perfectly summarized:
“Mark, TNT, Frank, Bruce — every RV-related site will be shouting it from the treetops. You won’t miss it.”
Featured Snippet: Why Is the Federal Reserve Injecting Money Into Banks?
Answer:
The Federal Reserve is injecting liquidity to stabilize banks and prevent systemic failures amid extreme bond market stress in the U.S. and Japan. These measures signal financial strain rather than economic strength.
Featured Snippet: Is There a Global Silver Shortage?
Answer: Yes. According to MarkZ and analysts like Bill Holter, physical silver supply is extremely tight, with paper markets failing to reflect real availability, making replacement difficult once sold.
Q&A: Community’s Biggest Questions
❓ Is the bond market collapsing?
Not openly — but massive intervention suggests serious stress.
❓ Are bank bailouts happening again?
Indirectly, yes — through liquidity injections instead of headlines.
❓ Is Iraq slowing down the RV?
Politically yes, structurally no. Digital reforms continue quietly.
❓ Should people be worried about ATM outages?
Localized outages aren’t uncommon, but they add to broader financial tension.
❓ How will we know when the RV happens?
You won’t miss it — every major platform will explode with confirmation.
Final Thoughts: Calm on the Surface, Chaos Underneath
Quiet bonds. Extreme interventions. Silver shortages. Digital controls. Political paralysis.
These are classic signs of a system under pressure — and historically, major financial resets don’t arrive with fireworks… they arrive after silence.
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning and welcome to a new week of possibilities
Member: Well the weekend was a nothing burger…so hoping the week is better
Member: So, what's the next station in this RV train?
MZ: On the bond side…still quiet as expected. It’s Monday morning and usual. If I get any breaking news Ia will do a short “blurp” tonight at Truth, X or Telegram.
Member: The Federal Reserve is injecting $56 billion into the banking system over the next 3 weeks.
MZ: The efforts to keep the bonds from collapsing in Japan is extreme. To keep the Banks from imploding in the US is extreme right now. Just keep watching.
Member: Sheesh- let's just give the banks another bailout
Member: Also China has announced they will be dumping $600 Billion in treasuries.
MZ: Nobody wants US treasuries…Even US citizens don’t buy treasuries much anymore.
Member: China announced the yuan will be backed by gold
MZ: They did that a few years ago. They did what they called a “hybrid gold backed yuan” for international oil deals.
Member: MM still says the CBI is who will revalue the Dinar.. no government needed!!
Member: I saw an interesting article about Iraq talking about building up their smaller cities to offset crowding. But to do so will be extremely expensive.
MZ: “Iraq Parliament hold session for minutes and adjouns it until further notice” They tabled their session over the weekend…then came back on Monday which was shut down.
Member: Will Iraq will have their govt finalized by the next election? I thought the US elections were messed up ….but Iraq wins the award
MZ: “The state administrative coalition supported the ASYSCUDA decision. Blocking the path of “political investment through chaos” and prevented buying through bribery” They are sticking to their guns on customs and imports. By forcing everything to be digital…its easy to track. Stops the money going to corrupt people.
MZ: “Speculators and smugglers lead the agitation against the new tariffs and ASYCUDA” They have set up bots to whip people up with false claims.
Member: Iraq needs to step up or get out of the first rv basket !! Annoying they are !!
MZ: “Comex is in crisis: the Western silver racket implodes as China and India take control” When we saw the failed bak last week…it was because of their silver exposure. Underlying fundamentals are broken.
Member: I heard Bill Holter live on a show yesterday and he says if you sell your Silver you probably won’t be able to replace it, supply is very short.
Member: I got texts from my bank that their ATM's will be shut down on the 16th & 17th of this month?
Member: I've wondered for a long time... who will know we need to be notified???
Member: Mark, TNT, Frank, Bruce and every other RV related site will be shouting it from the treetops…..you won’t miss it.
Housing listings are piling up, and car markets are drawing crowds without buyers across Iraq, as fast-moving prices and delayed incomes make major purchases increasingly out of reach for households, according to interviews with residents, traders, and economists.
Fluctuations in the US dollar exchange rate, rising gold prices, and repeated delays in public-sector salary payments have combined to slow activity in two of the most sensitive sectors for Iraqi families: housing and automobiles. While prices have largely held steady, the number of completed transactions has dropped sharply.
In Baghdad, Abu Ahmed, 52, has been trying to sell his home for more than four months without success. Potential buyers, he said, lose interest once they hear the price or say they are waiting for the dollar to stabilize. Homes that once sold within weeks now sit on the market indefinitely, he added, describing conditions as “almost completely stalled.”
Economists say the slowdown reflects growing uncertainty rather than a collapse in asset values. Mustafa Faraj, an economic analyst, explained that Iraq’s heavy dependence on imports makes domestic markets highly sensitive to currency movements, particularly in the car sector, where vehicles are priced in foreign currency. Housing prices, he noted, are also indirectly affected through oil revenues and dollar-based state spending.
Faraj said the current stagnation is being driven primarily by liquidity shortages and delayed salaries, which have “weakened purchasing power and pushed households to postpone large financial commitments.” At the same time, rising gold prices and regional geopolitical tensions have encouraged wealthier Iraqis to shift savings toward gold, reducing cash circulation in the broader economy.
Concerns about keeping savings in state-owned banks and recent restrictions on transferring funds abroad have reinforced this trend, further tightening liquidity in consumer markets.
Local authorities have acknowledged the slowdown. In December 2025, the Baghdad Provincial Council linked declining real estate activity to high fines and taxes on subdivided housing units. The council said it was preparing recommendations to reduce subdivision penalties and limit taxation to sold portions of land, to ease pressure on the market.
Safwan Qusay, an economic expert, did not place responsibility on monetary policy, pointing out that the Central Bank of Iraq and commercial banks continue to offer financing programs aimed at supporting homebuyers and, in some cases, vehicle purchases. He argued that gold price fluctuations are driven by global markets rather than domestic monetary decisions, and that housing demand could recover independently of turbulence in currency or commodity prices.
On the ground, however, business owners report little sign of recovery. Radwan Al-Yasiri, who runs a car showroom in Baghdad’s Al-Bayaa district, said sales have nearly stopped. Markets that were once crowded on weekends now see only sporadic transactions. He attributed the decline to weak purchasing power, inflation, higher customs fees, and tighter regulations on imported vehicles, “all of which have pushed prices higher and discouraged buyers.”
Real estate broker Abdul Hassan Kazem, who operates a property office in Baghdad’s Al-Jihad neighborhood, said his last home sale was more than two months ago. Current activity, he noted, is largely limited to rentals, as buyers struggle to match prices with their incomes.
Economic observers warn that the stagnation may reflect a deeper contraction in domestic demand rather than a temporary pause. Khaled Al-Jaberi, head of the Ousoul Foundation for Economic and Sustainable Development, said eroding purchasing power and tightening liquidity have forced households into cautious spending patterns, affecting multiple sectors beyond housing and cars.
According to Al-Jaberi, vehicles were hit first because they represent postponable spending during income shocks. Real estate, while retaining nominal value, has entered a phase of what he described as “transactional paralysis,” marked by rigid prices and a lack of buyers able to complete deals.
He added that newly married couples, traditionally a key driver of demand for housing, gold, furniture, and construction materials, are increasingly delaying marriages or scaling back wedding plans due to prices that no longer align with incomes. This, he said, has triggered a slowdown across interconnected markets.
While gold has become a refuge for some households, Al-Jaberi warned that the trend benefits only higher-income groups with existing assets, leaving most families outside effective saving and consumption cycles. The core problem, he argued, is not a shortage of money in the system, but blocked channels preventing liquidity from reaching real demand.
“Without targeted financial tools to break the current freeze without fueling inflation, the slowdown risks hardening into a prolonged economic contraction,” he concluded.
Introduction: Banks Are Talking… And That Changes Everything
In the world of global currency revaluation, banks talking openly about rates and exchange appointments is a massive signal. According to MarkZ via PDK, new bank-level conversations strongly suggest that we are entering the final window before the long-anticipated Iraqi Dinar (IQD) and Vietnamese Dong (VND) revaluation events.
What makes this update especially powerful is not rumor or speculation — it’s confirmation coming directly from banking interactions.
Let’s break it all down.
Bank Story Breakdown: What MarkZ Is Hearing
“I was sent a bank story… they had a conversation at a bank and talked about rates. This bank was very willing to set up an exchange appointment in about 30 days — and they would have access to funds right away.” —
Exchange appointments are being offered within ~30 days
Immediate access to funds was mentioned
This aligns with multiple other bank conversations
Banks are noticing fluctuations and value changes
Most banks are saying: “Just a couple more weeks”
This is critical — banks do not prepare exchange logistics unless something is imminent.
Why Bank Fluctuations Matter Right Now
Banks are currently seeing:
📈 More numerical changes
🔄 Increased rate volatility
📊 Internal adjustments tied to foreign currencies
Historically, these fluctuations appear only at the very end of a revaluation cycle. Banks don’t react early — they react when systems are being prepared for execution.
Iraqi Dinar and Vietnamese Dong: Linked Timelines?
One of the most intriguing parts of this update is the growing alignment between the IQD and VND.
“I am hearing the Iraqi dinar and the Vietnamese Dong rates will be closer to each other… and they will go at the same time.” — MarkZ
What This Could Mean:
Both currencies may revalue simultaneously
The Dinar may be publicly announced
The Dong could move quietly in the background
This strategy minimizes speculation and market shock
This theory matches previous global reset patterns where
one currency draws attention while another adjusts silently.
Featured Snippet: What Are Banks Saying About the Dinar Revaluation?
Answer: Banks are reportedly discussing exchange rates, offering exchange appointments within 30 days, observing frequent value fluctuations, and suggesting that the Iraqi Dinar and Vietnamese Dong revaluations may occur within a matter of weeks, possibly at the same time.
Featured Snippet: Will the Iraqi Dinar and Vietnamese Dong Revalue Together?
Answer: According to MarkZ via PDK, multiple banking sources indicate that the Iraqi Dinar and Vietnamese Dong could revalue simultaneously, with rates potentially closer than expected, though the Dong may adjust more quietly.
Q&A: Most Asked Questions Right Now
❓ Are banks really preparing for currency exchanges?
Yes. Banks are discussing rates and exchange appointments, which only happens near execution.
❓ What timeline are banks suggesting?
Most banking contacts are indicating “a couple more weeks” or readiness within 30 days.
❓ Will funds be immediately available after exchange?
According to the bank story shared with MarkZ, yes — access to funds would be immediate.
❓ Why would the Dong move quietly?
To avoid speculation, media frenzy, and market disruption while spotlighting the Dinar.
❓ Is this confirmed?
No official announcement yet — but bank behavior is one of the strongest indicators we can get before public confirmation.
Why This Moment Feels Different
We’ve heard timelines before — but this time banks are involved.
Not gurus
Not rumors
Banks
When banks prepare systems, schedule appointments, and talk about rate access — the endgame is near.
[via PDK] [I was sent] a bank story…cannot share some parts but in a nutshell…they had a conversation at a bank and talked about rates. And this bank was very willing to set up an exchange apt. in about 30 days. And they would have access to funds right away. This fits with other bank conversations I have heard. We are following banks closely right now. Banks are seeing more fluctuations in numbers…more changes in value…and almost all of them are saying it's just a couple more weeks.
I am...hearing The Iraqi dinar and the Vietnamese Dong rates will be closer to each other…I hope that is true. And they will go at the same time.
We may hear about the dinar while the dong goes quietly as well at the same time.
For the second consecutive year, Iraq is operating under the so-called “1/12 financial management rule,” a stopgap mechanism that allows the government to spend only one-twelfth of the previous year’s operational expenditures each month. While the arrangement ensures the continued payment of salaries and pensions, it leaves the country without a general budget that sets spending priorities, funds investment projects, allocates provincial shares, or supports development across key sectors.
The budget vacuum comes at a time of sharp volatility in global oil prices —swinging in response to regional political developments— alongside a growing liquidity crunch inside Iraq. Together, these pressures have reduced the state’s financial system to what economists increasingly describe as little more than a mechanism for paying public-sector wages, with virtually no capacity to stimulate broader economic activity.
Economic specialists interviewed by Shafaq News warn that the situation amounts to a “major crisis” with wide-ranging consequences. While they acknowledge that declining revenues prevented the submission of a budget last year, they argue that the same conditions are now pushing the next government toward a similar deadlock.
Operational spending —covering salaries, fuel, food rations, and basic ministry expenses— traditionally consumed the bulk of Iraq’s budget, while investment allocations have usually accounted for less than 30 percent. From that perspective, economist Nabil Jabbar al-Ali argues, Iraq has long functioned in practice under a 1/12-style system, even when budgets were formally approved.
Speaking to Shafaq News, al-Ali said the incoming government is likely to continue relying on the 1/12 rule because it guarantees operational spending at a time when oil revenues are insufficient to finance major projects. He added that the same revenue shortfall was behind the government’s failure to pass a budget last year.
Even if a budget is eventually submitted next year, al-Ali expects its primary focus to be clearing accumulated debts —particularly payments owed to contractors and companies— rather than launching new investment initiatives.
Under Iraq’s amended Financial Management Law of 2019, spending in the absence of an approved budget is capped at one-twelfth or less of the previous year’s actual current expenditures, excluding non-recurring expenses. This mechanism remains in force until the federal budget law is ratified. The law also stipulates that if a budget is not approved for a given fiscal year, the previous year’s final accounts become the basis for the new year’s financial data and must be submitted to parliament for approval.
Iraq has faced similar paralysis before. In 2015, the government did not submit the schedules of its planned three-year budget, reportedly to avoid political exploitation during an election period. More recently, the outgoing government approved a record-high three-year budget for 2023, 2024, and 2025, each exceeding 200 trillion Iraqi dinars (about $152.7 billion), with projected deficits of roughly 60 trillion dinars per year.
For economist Ali Karim Ithheib, the absence of a budget is far from a technical inconvenience. He warned that it effectively freezes the country, halting projects, public hiring, and development plans at a time when Iraq is already grappling with a financial and liquidity crisis.
Ithheib said Iraq’s near-total dependence on oil revenues leaves it vulnerable to what he described as “financial chaos” whenever prices fall, exposing the absence of long-term fiscal planning. The consequences are felt directly by citizens through fewer job opportunities and deteriorating services, while investors, both local and foreign, are discouraged by the lack of a stable financial vision, threatening broader macroeconomic stability.
While the 1/12 rule may keep the state functioning at a basic level, Ithheib stressed that it is “a temporary lifeline, not a fiscal policy suitable for running a country the size of Iraq.”
Under this system, spending is effectively confined to salaries and routine operational costs, leaving no room to launch new projects or complete stalled ones. Contractors and companies are among the hardest hit, as delayed payments force some to suspend work or withdraw entirely, fueling unemployment and weakening the local market. Prolonged reliance on the 1/12 rule, Ithheib added, erodes confidence in Iraq’s economic environment and deepens investor hesitation.
Despite parliamentary elections held in October 2025, a new government has yet to form. Lawmakers remain locked in disputes over electing a president, who would then nominate a prime ministerial candidate from the largest bloc. Negotiations among political forces continue, but expectations are growing that the crisis could drag on, given constitutional timelines that allow a prime minister-designate up to 30 days to present a cabinet and seek parliamentary confidence.
Economist Mustafa al-Faraj painted an even bleaker picture, saying several companies and contractors have already declared bankruptcy and begun liquidating assets due to unpaid government dues stemming from the absence of a budget. The halt in public hiring and the slowdown in private-sector activity, he warned, are compounding unemployment and economic strain.
Based on current indicators, al-Faraj said, a new government is unlikely to be formed before mid-year, making it almost impossible to pass a budget for the current fiscal year and pushing the problem into the next one.
“No country can function without a budget and rely solely on operational spending…This approach shuts down projects, freezes promotions, and ultimately harms both citizens and public employees.”
As Iraq drifts deeper into another year without a comprehensive budget, the economists agree on one point: the 1/12 rule may keep salaries flowing, but it cannot substitute for a coherent fiscal strategy, nor can it sustain an economy already strained by oil dependence, political deadlock, and eroding confidence.
