ITM Trading Podcast ITM Trading Podcast

80x Bigger Than Enron: $5.1 Trillion Fraud That Can Collapse Treasuries, Spark Civil War

Aug 7, 2026 · 37m

Summary

Mitch Wexler returns to discuss his allegations of systemic fraud in property tax appraisals and school district bonds, which he claims threaten US Treasury credibility. He details new legal actions against the Texas Supreme Court for denying constitutional rights and presents data showing widespread appraisal corruption. Wexler warns that this $5.1 trillion debt bubble could trigger a market crash and advocates replacing property taxes with a uniform state sales tax to prevent economic collapse.

Topics discussed

Introduction: Mitch Wexler on property tax fraud and bond risks Supreme Court case: Denial of constitutional rights by Texas courts Trump administration awareness and meetings with Peter Thiel Challenging Michael Pento's models with fraud data National security risk and the need for expedited Supreme Court hearing Market panic: Impact on US Treasuries and algorithmic trading Evidence of fraud: Volume 1 and 2 pattern and practice reports The 'Reset': Currency war and Federal Reserve reverse repo risks Proposed solution: Repeal property tax for uniform state sales tax Canadian perspective and global parallels in housing affordability Risk of civil war if constitutional rights are ignored Infection rate of fraud data and corruption in appraisal districts Misuse of bond funds and the true scale of the crisis Conclusion: Physical metals as a hedge and call to action
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