Dads, in a world of bots, binaries, and bond dumps, how do you armor up for the real war—on your family, wallet, and freedom? Join Timo & Ryan on Dad Ledger for an epic, no-holds-barred sit-down with geopolitical firebrand Tom Luongo @ThomasLuongo the voice who nailed Fed hikes mid-COVID. From cutting toxic family ties to protect your kids, to decoding Trump's 28-point EU-buster and Powell's ECB "nuke," Tom drops hard-won wisdom: "No atheists or libertarians in foxholes—adopt a warrior mentality or lose."We unpack:Intelligence assets (MTG? Rand Paul?) & the chaos machine flooding your feed.Tokenization's power shift: BlackRock crushed? Hidden Euro wealth on-chain?Big moves ahead: $4T EU bond fire sale, yen carry unwind, gold/silver remonetization.Dad lessons: Depression-era grit, boundary-setting, and beating deracination.✅Follow Tom: https://x.com/TFL1728✅Website: https://tomluongo.me✅If you're grinding 14-hour days just to Netflix-jerk-bed-cycle, this is your reset. Subscribe to Gold Goats 'n Guns for Tom's daily fire: patreon.com/goldgoatsnguns.Hit like if Tom's "TFP" rant fired you up. Comment your biggest takeaway—family boundaries or bond dump bets? Subscribe for more dad-led truth bombs. Merry Christmas, warriors.Chapters:00:00 Intro: Clips & Warrior Wake-Up Call00:48 Welcome Tom: From Fed Prophet to Dad Hero01:48 Tom's Origin Story: Silent Gen Grit & Oops Kid Lessons03:40 Family Rifts: Cutting Ties to Protect the Next Gen11:28 Life Shifts: Sleepless Dads Discover Jekyll Island12:54 Bot Armies & Assets: MTG, AOC, & Intel Playbooks17:52 Grok's Blind Spots: Arguing AI to Truth20:17 Tokenization Wars: Proxies Crumble, Elites On-Chain?24:32 Word Games & Scaremongering: Fourth Industrial Myths28:15 Tolerance Traps: Popper, Primitives, & Commie Counters33:02 Political Mines: Romney's Vote, Paul's Flip-Flops35:35 History's Ugly: King's Court Games for 10K Years39:19 Chaos Sowers: Time Preference, Revert-to-Type Anxiety43:55 Binary Hell: Nuance or Nah? Heuristics to Level Up45:44 Holiday Heat: CBDCs, Fannie IPO, Battle Space Econ46:02 Big Move Unknowns: Trump vs. Bad Guys, Pirate Rules49:02 Endgame Chess: Mid-Game Stalls to Balloon Pricks52:43 Asset Firesale: Israel Pawned, Gen X Inevitable57:18 Gold Bonds Trigger: Shelton, Brits, & Stablecoin Setup1:01:46 Japan’s Normalize: $1.5T Euro Buying Spree Exposed1:05:24 Euro-Yen Cross: Lagarde’s Yield Maginot Cracks1:09:31 Credit Suisse Nuke: Powell’s AT1 Bazooka Legacy1:12:42 Ukraine Endgame: 28-Point Odessa Gift, No Shots Fired1:16:46 Commonwealth Liquidation: Singapore, Hong Kong Ops1:19:18 Digital Milvian: ARC Alliance Crushes BRICS Facade1:22:07 Silver/Copper Twist: Bi-Metal Back, Warrior Close

In this lively Thursday night edition of The Dad Ledger (shifted from the usual Tuesday slot post-Thanksgiving), hosts Ryan Fields-Spack, Timo, and Trent Cleveland kick off with some dad banter about cold weather, holiday hats, and family life before diving into the wild world of macro markets and crypto. The episode's highlight is a deep dive into the groundbreaking CFTC announcement allowing spot crypto trading on federally regulated futures exchanges—a historic move that could redefine digital assets as commodities, boost institutional adoption, and pave the way for massive market consolidation. The trio unpacks the implications for ETFs, altcoin shakeouts, Bitcoin as a gold proxy in a potential "metallic crypto standard," Ripple's role, global gold stockpiling, and the looming unwind of the Japan yen carry trade that could trigger a brutal crash. They connect dots from regulatory repeals (like CAFE standards enabling affordable Toyota Hilux imports) to geopolitical shifts (Ukraine peace deals, Venezuela turmoil) and tease a "phase transition" into 2026 with tax cuts, digital reserves, and enterprise buy-ins post-bloodbath. Wrapping up with personal wins, upcoming guests like Tom Luongo and Brie Terese, and their signature Prayer of Jabez, this episode blends sharp financial foresight with relatable dad vibes—perfect for anyone navigating the crypto chaos.Chapter:00:00 Intro & Dad Banter01:07 Macro Market Mayhem02:04 Repealing Repressive Regs04:00 Global Chaos & Crypto Wins05:28 Connecting the Dots07:07 Phase Transitions & Consolidation09:38 Altcoin Purge & CFTC Spotlight11:33 CFTC Deep Dive: What It Means13:25 Why Futures Matter for Adoption15:32 Commodities, Not Securities16:21 Gold, Bitcoin & the New Standard18:30 Ripple's Long Game & SEC Win19:03 Global Pushback & Gold Stacking20:33 National Trusts & Geopolitical Shifts22:59 2026: End of an Era24:21 Carry Trade Crash Incoming26:02 Blood in the Streets Opportunity27:14 Wins of the Week29:39 Prayer of Jabez & Sign-Off

🚨 EMERGENCY Dad Ledger Live: Markets Are ABSOLUTELY MELTING – Japan Yen Carry Trade Unwind JUST Started (Nov 20, 2025)The entire risk-on trade is getting obliterated RIGHT NOW. Bitcoin under $86K, altcoins down 20-40% in 24 hours, stocks bleeding — even after NVIDIA’s monster earnings.We go live and break down WHY this is happening and why the long-feared Japanese Reverse Yen Carry Trade unwind is finally here… and it could get MUCH uglier before it gets better.We also cover:Bitwise officially launches the XRP ETF (0% fees first month!)Jake Claver’s “Reverse Carry Trade Domino Theory” ($750 XRP before EOY?)ISO 20022 deadline in 5 daysWhy XRP is the ONLY crypto with full regulatory clarity right nowHow to think about buying these dips as a dad (without getting rekt)Buckle up — this is the pain before the biggest wealth transfer in history.🔔 Smash that bell — we go live every Tuesday + emergency streams like this!📺 CHAPTERS00:00 Countdown & Bear Market Vibes00:50 Why everything is crashing RIGHT NOW02:20 Crypto bloodbath: BTC, XRP, Solana, XDC liquidations04:14 ISO 20022 deadline in 5 days – what it actually means05:44 The Japan Reverse Yen Carry Trade explained (simple)07:43 Timo breaks down bond math & why trillions are at risk12:07 Meet Kevin & Jake Claver clips – the dominoes are falling16:30 XRP as emergency global settlement liquidity? ($750 theory)20:47 Bitwise XRP ETF launch + BlackRock, Canary filings24:48 Why ETFs = permanent parked liquidity for the new system26:30 Buying the dip vs getting shaken out28:32 Dad wins of the week33:34 Closing prayer (Prayer of Jabez)⚠️ NOT FINANCIAL ADVICENothing said on Dad Ledger is financial, legal, or tax advice. We are just dads talking about markets, crypto, and life. Everything discussed is for entertainment and educational purposes only. Markets are risky. Do your own research and never invest money you can’t afford to lose. Past performance is no guarantee of future results.#YenCarryTrade #ReverseCarryTrade #XRP #XRPArmy #BitcoinCrash #StockMarketCrash #NVDA #CryptoCrash2025 #ISO20022 #BitwiseXRPETF #JakeClaver #MarketMeltdown #DadLedger