BillHolter.com

Bill’s Commentary:

“Welcome to the Matrix!”

CASH DIES IN 847 DAYS

Europe just legislated the end of financial freedom and nobody noticed.

January 2027: Every euro above €10,000 becomes illegal tender. Every Bitcoin needs government permission. Every transaction becomes a datapoint in Brussels’ surveillance grid.

This… pic.twitter.com/bZYDH0SG8d

— Shanaka Anslem Perera ⚡ (@shanaka86) November 10, 2025

Bill’s Commentary:

“Trainwreck…”

Current Federal Debt and Deficit

Every month, the U.S. Treasury releases data on the federal budget, including the current deficit or surplus. The following contains budget data for September 2025, the final month of fiscal year (FY) 2025…

…The federal government reported a surplus of $198 billion in the month of September 2025, an increase of $118 billion from the $80 billion surplus recorded in September 2024. However, September 1 fell on a weekend in 2024 and 2025, causing certain payments to be shifted into the respective previous months. That accounting quirk reduced the reported September outlays for both years. Adjusting for those timing shifts, the September 2025 surplus would have been $110 billion more than the same month in the previous year. 

Read more here…

Bill’s Commentary:

“Erik on the grid”