APR 20 SIT EC y POL
ZERO HEDGE
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Multibillion Hedge Fund Manager: "Ultimately QE Will Fail; US And China Might Enter Recession At The Same Time". Submitted by Tyler Durden on 04/20/2015. "Ultimately, the current QE programs will fail. I think most likely through a large devaluation in the emerging market currencies. Having dodged and parried so many blows from Central Bank QE programs, the market is seemingly failing to break higher. Breadth is narrowing in the US stock market, and credit spreads widening. Economic data, with the exception of jobs, which is a lagging indicator, indicate the US economy is peaking. To me it looks like the US and China might go into recession at the same time."
Stunned
Greeks React To Initial Capital Controls And The "Decree To Confiscate
Reserves", And They Are Not Happy. Submitted by Tyler Durden on 04/20/2015. Several hours
after the Greek government decreed the confiscation of local government
reserves, this order has finally percolated among the population, and the
response to what even ordinary Greeks realize is now the endgame, is less than
exuberant. Bloomberg
reports, that "as Greece struggles to find cash to stay afloat, local
authorities say they oppose a government decision to use their reserves for
short-term financing." “The government’s decision to seize our
reserves not only raises legal and constitutional issues, but also a moral
one,” said George Papanikolaou, mayor of Glyfada, the third-largest
municipality in the metropolitan region of Attica after Athens and Piraeus. “We
have a responsibility to serve our citizens."
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Ron
Paul Tells Obama: "It's Time To Try Something New". Submitted
by Tyler Durden on 04/20/2015. While some
journalists here in the US have started to notice the strange series of
opposition killings in Ukraine, the US government has yet to say a word.
Compare this to the US
reaction when a single opposition figure was killed in Russia earlier this year.
Last week two prominent
Ukrainian opposition figures were gunned down in broad daylight. They include
members of the Ukrainian parliament and former chief editors of major
opposition newspapers.
While some journalists here in the US have started to notice the strange series of opposition killings in Ukraine, the US government has yet to say a word.
Compare this to the US reaction when a single opposition figure was killed in Russia earlier this year. Boris Nemtsov was a member of a minor political party that was not even represented in the Russian parliament.
While some journalists here in the US have started to notice the strange series of opposition killings in Ukraine, the US government has yet to say a word.
Compare this to the US reaction when a single opposition figure was killed in Russia earlier this year. Boris Nemtsov was a member of a minor political party that was not even represented in the Russian parliament.
Neither Royce, nor Secretary of
State John Kerry, nor President Obama, nor any US government figure has said a
word about the series of apparently political murders in Ukraine.
On the contrary, instead of questioning the state of democracy in what looks like a lawless Ukraine, the Administration is sending in the US military to help train Ukrainian troops! http://www.zerohedge.com/news/2015-04-20/ron-paul-tells-obama-its-time-try-something-new
On the contrary, instead of questioning the state of democracy in what looks like a lawless Ukraine, the Administration is sending in the US military to help train Ukrainian troops! http://www.zerohedge.com/news/2015-04-20/ron-paul-tells-obama-its-time-try-something-new
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Noam
Chomsky: "The Idea Of A Media Which Does Not Repeat US Propaganda Is
Intolerable To American Leaders". Submitted by Tyler
Durden on 04/20/2015. "Take the New York Times -- the greatest
newspaper in the world. Take one example, at the first article that appeared
today, that the tentative [nuclear] agreement with Iran was reached. It’s a
thinkpiece, by Peter Baker, one of their main analysts. He discusses in it the
main reasons to distrust Iran, the crimes of Iran. It’s very interesting to
look at. The most interesting one is the charge that Iran is destabilizing
the Middle East because it’s supporting militias which have killed American
soldiers in Iraq. That’s kind of as if, in 1943, the Nazi press had criticized
England because it was destabilizing Europe for supporting partisans who were
killing German soldiers."
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Another
Reason To Move Away From California: "Conditions Are Like A Third-World
Country". Submitted by Tyler
Durden on 04/20/2015. All over the southwest United States, we are
seeing conditions that we have not witnessed since the days of the Dust Bowl in
the 1930s. If anyone actually needed another reason to move out of
the crazy state of California, now it is being reported that conditions in
some areas of the state “are like a third-world
country” due to the multi-year megadrought that has hit the state.
Millions of Californians have fled the state in recent years, and this water
crisis could soon spark the greatest migration out of the state that we have ever seen.
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Secretary
Of State For Hire: Hillary Clinton Made Millions From Foreign Donors In
Exchange For "Favors". Submitted by Tyler
Durden on 04/20/2015. What will be revealed in a new book "Clinton
Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped
Make Bill and Hillary Rich,” by Peter Schweizer, is something very sinister: foreign
entities made payments to the Clinton Foundation and to Mr. Clinton through
high speaking fees expected, and received, favors from Mrs. Clinton’s State
Department in return. This means that during her tenure as Secretary
of State, Hillary Clinton may or may not have been working in the best interest
of the US population; she was, however, certainly working in the best interest
of the biggest Clinton Foundation donor du jour. Such as, for example, the
country of Ukraine.
HERE the biggest
foreign donor to the Clinton Foundation of them all, the one listed below..
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The
Crowning Glory Of Keynesianism. Submitted by Tyler
Durden on 04/20/2015. Many have forecast the creation of a new monetary
system by which governments and banks gain total control over all monetary
transactions. On the surface of it, this may seem an impossible goal, as it
would be so all-encompassing and would eliminate economic freedom entirely.
Surely, it would not be tolerated. However, we believe that it’s not only
relatively easy to create, but it will be sold in such a way that the public
will see it as an absolute panacea to their economic woes. Only those
who are far-sighted will understand its level of destruction in advance of its
implementation.
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US
Navy Sends Aircraft Carrier, Warships To Intercept Iranian Weapons Shipments In
Yemeni Waters. Submitted by Tyler
Durden on 04/20/2015. Update: Because the report from AP does not
play well with "Everyday Americans", US CentCom is denying: U.S.
DENIES REPORT SHIP SENT TO INTERCEPT IRAN VESSEL, SAYS SHIP SENT TO KEEP
SHIPPING LANES IN REGION OPEN
The 'proxy' war is escalating
very rapidly. As AP reports, Navy officials confirm that the aircraft
carrier USS Theodore Roosevelt is headed to Yemeni waters to intercept an
Iranian weapons shipments. Just
as we warned 10 days ago, the probability of a major escalation over the
latest proxy Middle Eastern civil war escalated substantially when Iran
parked two warships off the Yemeni coast.
[ ES UNA DESVERGUENZA inaceptable el que los US estén apoyando
la guerra de la más rancia y podrida plutocracia del Medio Oriente –los Saudis-
y contra el paÃs musulman mas pobre del mundo ]
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WalMart
Workers Take "Plumbing" Mystery To Labor Board. Submitted by Tyler
Durden on 04/20/2015. Last week, we documented the mysterious case of
WalMart’s move to shutter multiple geographically distinct locations across the
US for “plumbing issues.” Once we dug a bit deeper into the history of the
affected stores we noticed that one store in particular — the Pico Rivera, CA
location — has been at the forefront of wage and working condition protests for
the better part of three years. Now, as NY Times reports, "a claim set
to be filed on Monday by the United Food and Commercial Workers International
Union with the National Labor Relations Board says that the closings were in
retaliation for a history of labor activism at one of the shuttered stores, in
Pico Rivera, Calif."
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Monsanto
Furious At World Health Organization For Claiming Weedkiller Causes Cancer.
Submitted by Tyler Durden on 04/20/2015.
Following Monsanto lobbyist
comments recently that he's "not
stupid" enough to drink the weedkiller that he also proclaimed was safe
enough that "you can drink a whole quart of it and it won’t hurt
you;" Reuters
reports that the maker of the world's most widely used herbicide, Roundup,
wants an international health organization to retract a report linking the
chief ingredient in the weedkiller to cancer. The company said on Tuesday that
a report, issued on Friday by the WHO, was biased: "The WHO has
something to explain." However, as one scientist noted, "there
are a number of independent, published manuscripts that clearly indicate that
glyphosate...can promote cancer and tumor growth."
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America's
Waning Influence: Beijing To Invest $46 Billion In Energy, Infrastructure For
US "Ally". Submitted by Tyler
Durden on 04/20/2015. China is looking to succeed where the United States
has failed. Beijing — which, as a reminder, claims it will not use its regional
infrastructure development initiatives as a tool of foreign policy — is now set
to facilitate the construction of nearly $50 billion in power plants,
roads, and railways in neighboring Pakistan. The proposal, which will give China
access to the Indian Ocean via the Gwadar port on the Arabian Sea, is part of
President Xi Jinping’s ambitious “Silk Road” Economic Belt, and importantly, will
likely include financing for the completion of the "Peace Pipeline,"
which will carry natural gas from Iranian gas fields across Pakistan.
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Multibillion Hedge Fund Manager: "Ultimately QE Will Fail; US And China Might Enter Recession At The Same Time". Submitted by Tyler Durden on 04/20/2015. "Ultimately, the current QE programs will fail. I think most likely through a large devaluation in the emerging market currencies. Having dodged and parried so many blows from Central Bank QE programs, the market is seemingly failing to break higher. Breadth is narrowing in the US stock market, and credit spreads widening. Economic data, with the exception of jobs, which is a lagging indicator, indicate the US economy is peaking. To me it looks like the US and China might go into recession at the same time."
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The
S(chizophrenic) & P(sychotic) 500. Submitted by Tyler Durden on 04/20/2015. Does this behavior
look like a market that is pricing-in a Fed rate hike? SEE graphics. Total Schizophrenia... Charts:
Bloomberg. http://www.zerohedge.com/news/2015-04-20/schizophrenic-psychotic-500
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As
Gazprom CEO Arrives In Athens, EU (Coincidentally) Files Anti-Trust Charges
Against Russian Giant. Submitted by Tyler
Durden on 04/20/2015. As the head of Russian gas giant Gazprom, Alexei
Miller, arrives in Athens tomorrow (for talks with Greek PM Tsipras about
"current energy issues of interest," which
we suspect will include finalizing the "Turkish Stream" pipeline
heralded by many as Greece's potential get-out-of-Troika-jail-card), he
will face an increasingly anxious European Union. Fresh from its suit against
Google, the
WSJ reports, the EU's competition regulator plans to file formal
antitrust charges against Russia’s state-owned gas company OAO Gazprom on
Wednesday. This re-opens a suit from 2012 saying that it suspected the company
of abusing its dominant position in those countries’ natural-gas supply.
It appears Europe is getting nervous...
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Disrupt
Or Be Disrupted. by
Charles Hugh-Smith of OfTwoMinds blog.
Submitted by Tyler Durden on 04/20/2015. Either join the
disruptors or prepare to be disrupted.
Either join the disruptors or prepare to be
disrupted. The core idea of Disrupt
or be Disrupted is that every sector and industry that avoids being
disrupted just becomes a fatter target for disruption.
In other words, protecting unaffordable, ineffective fiefdoms and
cartels will be a losing strategy in the next 20 years. These costs
will come down, one way or another, either by the erosion and collapse of the
funding sources or by tech-enabled socio-economic disruptions.
That leaves everyone depending on any existing
sector/industry that hasn't yet been turned upside down with a choice: either
join the disruptors or prepare to be disrupted.
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Did
Greece Just Launch Capital Controls: "Mandatory Cash Transfer"
Decreed Due To "Extremely Urgent Need". Submitted by Tyler
Durden on 04/20/2015. We
warned last week that capital controls were inevitable and it apears the
first steps have been taken (very quietly):
*GREECE ISSUES DECREE: LOCAL GOVTS OBLIGED TO TRANSFER DEPOSIT RESERVES AT CENTRAL BANK
So, following the pension fund raid, the Greek government is now centralizing all Greek cash citing an “extremely urgent and unforeseen need.". One wonders if this is Krugman's "advice."
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These
Are The Biggest "Pain Trades" Right Now. Submitted by Tyler
Durden on 04/20/2015. What are the prevailing pain trades at this moment?
According to BofA's latest fund manager survey, investors are positioned for i)
more asset reflation, ii) stronger US$ and iii) rising rates. "So weak
US growth, a rise in EU rates & stronger Chinese production would be
painful in coming weeks."
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Greek
Neo-Nazi Party Trial Begins On Hitler's Birthday; Supporters Attack Witnesses.
Submitted by Tyler Durden on 04/20/2015 Somewhat ironically, given that April 20th
is Hitler's brithday, one of Greece’s most important political trials
against current and former MPs and members of neo-nazi Golden Dawn started this
morning. Party leader Nikos Michaloliakos and 68 other defenders stand
trial on felony charges for having established a criminal organization, having
committed several racists attacks and murder and the procession of weapons. The
trial takes place in a special courtroom built inside high security prison
Korydallos in western Athens. Several antifascists groups and Golden
Dawn supporters gathered outside the prisonand violence broke out leading
to the decision, two hours after the trial began, to adjourn until May 7th
2015 for "procedural reasons."
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What
Secular Stagnation? Oh, This Secular Stagnation. Submitted by Tyler
Durden on 04/20/2015. In a recent blog post, Citadel's latest trader and
part-time Brookings blogger, Ben Bernanke, asks
"does the U.S. economy face secular stagnation? I am skeptical, and
the sources of my skepticism go beyond the fact that the U.S. economy looks to
be well on the way to full employment today."We, on the other hand are
skeptical of Bernanke's skepticism, for one simple reason: reality.
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Frontrunning:
April 20. Submitted by Tyler
Durden on 04/20/2015 - 07:25
- Just How Leaky Is the Fed? More Than You May Realize (BBG)
- Republican Presidential Candidates Spar Over Party’s Future (WSJ)
- Euro Area Seeks Greece Roadmap to May Agreement (BBG)
- The $320 Billion Bogey Needed to Placate U.S. Stock Market Bulls (BBG)
- Seeking Obamacare alternative, Republicans eye tax credits (Reuters)
- Gundlach Says Market Hasn’t Seen Full Impact of Fed Moves (BBG)
- EU meets on migrant crisis as shipwreck corpses brought ashore (Reuters)
- Canada’s Own Oil Pipeline Problem (WSJ)
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FFF FUTURE FAST FORWARD
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RT.Com http://rt.com/shows/
SophieCo. US
panics over Asia's new investment bank, embarrasses itself - financial
strategist April 20, 2015. http://rt.com/shows/sophieco/251097-financial-system-china-us/ Download
video
The financial system that exists today was largely shaped
after World War Two and the fall of the Soviet Union, placing Western nations
in control of the money streams. But with China now an economic giant, and
initiatives coming from Asia for new banks and investment projects, could the
system we live in be shaped into something different? Is the new Asian
Infrastructure Investment Bank Washington is so scared of a real threat to
America’s dominance in the world’s economy? What does Chinese growth mean for
the world? We talk to Beijing-based economist and financial strategist Michael
Pettis.
Follow @SophieCo_RT
Sophie Shevardnadze: Michael
Pettis, Beijing-based economist and financial strategist, welcome to the show,
it’s great to have you with us today. Now, Michael, the new Asian
Infrastructure Investment Bank is tagged as a rival to the established
financial order. World Bank members like Britain, France, Germany – they’re
actually flocking to this new venture. Is this a first nail into the coffin of
the Western-run global financial order?
MP: I think we have a
tendency to overreact on everything and to assume that these things have no
precedence. We’ve seen this kind of fight many times before in the last hundred
years. There’s only been one set of financial institutions that were really
extremely important on a multilateral basis, and those were the ones created at
the Bretton Woods system. Since then, there’s usually a lot of noise and not a
lot of action. I would be surprised if this time it was any different.
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RECENT RT SHOWS: APRIL VIDEOS
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SophieCo. US panics
over Asia's new investment bank, embarrasses itself - financial strategist .
20.04.2015 3
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Going Underground. Noam
Chomsky - Neoliberal assault led to significant decline in democracy (E196)
. 18.04.2015 3
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Watching the Hawks. World
Bank evictions, kidnapping chicanery & pitchforks for the plutocrats (E016)
. 17.04.2015 8
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Off the grid. “You’re
already a failure,” Tom Cotton - Jesse on sabotage of Iran nuclear deal . 17.04.2015 5
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Documentary. The trail of
troika . 16.04.2015
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Redacted Tonight. Hillary's
phony persona, how to cheat on your taxes, hating transgenders and more . 11.04.2015 1
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INFORMATION CLEARING HOUSE
Khamenei: U.S. Created 'Myth' of Nuclear
Weapons to Make Iran Appear as Threat
By The Associated Press
"They created the myth of nuclear weapons so they could say the Islamic Republic is a source of threat. No, the source of threat is America itself," Khamenei said.
By The Associated Press
"They created the myth of nuclear weapons so they could say the Islamic Republic is a source of threat. No, the source of threat is America itself," Khamenei said.
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A Dismal
Deal for Iranians and Americans; A Nice Pact for Israel
By Akbar Montaser
"I have found a truth" about Obama. He yields to bullies.
By Akbar Montaser
"I have found a truth" about Obama. He yields to bullies.
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‘Peace
doesn’t pay the bills’: Profiting from a war-torn Middle East
By Sharif Nashashibi
War - or even just the threat of it - is profitable, especially for those supplying arms but not actually fighting.
By Sharif Nashashibi
War - or even just the threat of it - is profitable, especially for those supplying arms but not actually fighting.
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On the
Organization of Society
By Paul Street
The self-declared homeland and headquarters of democracy is an ever more transparently plutocratic nation where the top 1 percent owns more wealth than 90 percent of the population.
By Paul Street
The self-declared homeland and headquarters of democracy is an ever more transparently plutocratic nation where the top 1 percent owns more wealth than 90 percent of the population.
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GLOBAL RESEARCH
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The
Pentagon’s “Operation Jade Helm 15″: The Floodgate towards Martial Law and
World War III? By Joachim Hagopian
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Compact
Fluorescent (CF) Energy Saving Light Bulbs: Serious Health Hazard Due to
Mercury Content By David Gutierrez
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NOTICIAS EN ESPAÑOL
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PRESSTV
Ruble
down as Russia ups forex rate. Mon
Apr 20, 2015 Russia’s currency ruble has tumbled more three percent against the
dollar, the biggest two-day drop since January.
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Six
US men charged with terrorism . Mon Apr 20, 2015 Six men from the US
state of Minnesota have been charged with planning to join the ISIL terrorist
group in Syria, authorities said. [ I will believe US news when they announce that six corp who profit
from wars are charged with crimes against humanity worldwide and others on financial
terrorism colluded with the FED]
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'US
making business out of Mideast wars’. Mon Apr 20, 2015 An analyst says
the US military industrial complex is instigating wars like in Yemen and
creating a business that needs a war in order to thrive.
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Iran
objects to Riyadh over embassy attack. Mon Apr 20, 2015 Iran’s Foreign
Ministry summons the Saudi envoy over an attack on the Iranian Embassy in
Yemen. [I’m expecting the logical tit for tat]
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'Israel
can't meddle in S-300 case'. Mon Apr 20, 2015 An analyst says Israel is
not involved in Iran and Russia S-300 delivery deal but it is interfering in it
because as a result of its leverage in the US Congress, it assumes it has veto
power over any decision of the P+1
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US
starts training Ukraine forces . Mon Apr 20, 2015 US troops have
started training Ukraine government forces to fight pro-Russian forces in the
east.
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Ofxam
slams Saudi attack on aid store. Mon Apr 20, 2015 Oxfam lashes out at
Saudi Arabia for targeting one of its storage facilities in northern Yemen.
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‘Some
Western politicians want Ukraine war’. Mon Apr 20, 2015 An analyst says
some politicians in the West want to have war in eastern Ukraine restarted.
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