SEPT 27 15 SIT EC y POL
WHAT
ARE WE TO DO - By Professor Tan Sri Lin See Yan (26/9/15) In case you miss
it.
[ Prof Lin See Yan is in favor of raising interest rate, but he
doesn’t say anything on how to prevent big-speculative-crook bankers & corporations
to take advantage of it. It stand to reason, he is a Banker. However, his
description of the world economy is good, is one of the best summaries, but his
medicine can kill the patient: the emerging economies. Must Read. “Dr.
Lin is Former banker, Harvard educated economist and British Chartered
Scientist. Dr Lin is the author of “The Global Economy in Turbulent Times”
(Wiley, 2015). ] Source: Future Fast Forward. http://futurefastforward.com/images/stories/financial/WhatAreWeToDo%28161%29.pdf
===
ZERO HEDGE
US
On The Ropes: China To Join Russian Military In Syria While Iraq Strikes Intel
Deal With Moscow, Tehran. Submitted by Tyler
Durden on 09/27/2015
[ It was expected.. The best for America is just to get out of Syria.. we have
not right cause in this war.. This is going to be our Afghanistan retreat, as it
happens to Russian before. Better get out now]
Beijing has for some time expressed its support for
Damascus, most notably by voting with Russia to veto a Security Council resolution
that would have seen the conflict in Syria referred to the Hague. Here’s what
China had to say at the May 22, 2014 meeting:
For some time now, the Security
Council has maintained unity and coordination on the question of Syria, thanks
to efforts by Council members, including China, to accommodate the major
concerns of all parties. At a time when seriously diverging views exist among
the parties concerning the draft resolution, we believe that the Council should
continue holding consultations, rather than forcing a vote on the draft
resolution, in order to avoid undermining Council unity or obstructing
coordination and cooperation on questions such as Syria and other major serious
issues. Regrettably, China’s approach has not been taken on board; China therefore
voted against the draft resolution.
Sure enough, Russian media now says that according to
Russian Senator Igor Morozov, Beijing has decided to join the fight. Here’s
Pravda (translated):
According to the Russian
Senator Igor Morozov, Beijing has taken decision to take part in combating IS
and sent its vessels to the Syrian coast. "It is known, that China has
joined our military operation in Syria, the Chinese cruiser has already entered
the Mediterranean, aircraft carrier follows it," Morozov said.
According to him, Iran may
soon join the operation carried out by Russia against the IS terrorists, via
Hezbollah. Thus, the Russian coalition in the region gains ground,
and most reasonable step of the US would be to join it.
As Leonid Krutakov told
Pravda.Ru in an interview, the most serious conflict is currently taking place
namely between China and the US. Moscow may support any party, the expert
believes, and that is what will change the world order for many years.
Meanwhile, it now looks as though the very same Russian-Iran
"nexus" that's playing spoiler in Syria is also set to take over the
fight against ISIS in Iraq, as Baghdad has now struck a deal to officially
share intelligence with Moscow and Tehran. Here's CNN:
Iraq says it has reached a
deal to share intelligence with Russia, Iran and Syria in the fight against
ISIS militants.
A week ago, Quds Force commander Qassem Soleimani
essentially accused the US of intentionally keeping Islamic State around so
that the group can continue to advance Washington's geopolitical agenda by
serving as a destabilizing element in Syria. According to the
Pentagon, Soleimani's visit to Russia (which, you're reminded, violated a
UN travel ban and infuriated opponents of the Iran nuclear deal) was "very
important" in terms of accelerating the timetable on Russia's inevitable
involvement in Syria. It is of course Soleimani who commands the Shiite
militias battling ISIS in Iraq. Now, it appears that in addition to the
cooperation in Syria, he has managed to secure a Russian-Iran partnership for
Tehran's Iraqi operations as well. Here's GOP mouthpiece Fox
News:
Russian, Syrian and Iranian
military commanders have set up a coordination cell in Baghdad in recent days
to try to begin working with Iranian-backed Shia militias fighting the Islamic
State, Fox News has learned.
Western intelligence sources
say the coordination cell includes low-level Russian generals. U.S. officials
say it is not clear whether the Iraqi government is involved at the
moment.
Iranian Quds Force commander
Qassem Soleimani also was spotted in Baghdad on Sept 22. He met with Shia
militias backed by Iran; intelligence officials believe he met with Russians as
well.
And here is ISW: Iraq Situation Report : Sep 22-25, 2015. Image
Location: http://www.zerohedge.com/sites/default/files/images/user92183/imageroot/2015/09/ISWIraq_0.png
What appears to have happened here is this: Vladimir
Putin has exploited both the fight against ISIS and Iran's need to preserve the
regional balance of power on the way to enhancing Russia's influence over
Mid-East affairs which in turn helps to ensure that Gazprom's interests are
protected going forward.
Thanks to the
awkward position the US has gotten itself in by covertly allying itself with
various Sunni extremist groups, Washington is for all intents and purposes
powerless to stop Putin lest the
public should suddenly get wise to the fact that combatting Russia's resurgence
and preventing Iran from expanding its interests are more important than
fighting terror.
In short, Washington gambled on a dangerous game of
geopolitical chess, lost, and now faces two rather terrifyingly disastrous
outcomes: 1) China establishing a presence in the Mid-East in concert with
Russia and Iran, and 2) seeing Iraq effectively ceded to the Quds Force and
ultimately, to the Russian army.
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Of
Greater Fools, Bigger Liars, & A Society In Decline. Submitted by Tyler
Durden on 09/27/15
[ It is important to know how Americans fell the collapse of
their empire ]
Whether it’s the economy, climate, the planet, warfare,
your future obligations, your pensions, the future of your children, nobody in
power tells you the truth. Human life is fast losing the value we would
like to tell ourselves we assign to it. We don’t, do we? Our technological advances
haven’t come with moral advances, quite the contrary, our morals turn out to be
a thin layer of mere cheap veneer. What advances we’re making are the last
death rattle of a society in decline, and a dying civilization.
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What
Recovery? 9.4 Million More Americans Below Poverty Line Than Pre-Crisis.
S- by Tyler Durden on 09/27/15
[More Americans are working more for less.. with less attention
to children because of 3-4 poor “jobs” per family.. Cutting the welfare will create
a rebellion.. We should cut the neoliberal system as FDR did ]
Despite the Fed continuing to kick this down the road, they
continue to claim that we are in the middle of an ongoing recovery. There’s
just one problem with that: things are getting worse than pre-crisis levels for
millions of the poorest Americans. Possibly even more concerning is the
fact that the amount of Americans living below the poverty line has soared
since 2007.
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"Nothing's
Safe" Passport's Burbank Warns "The Liquidity Of Everything Is Being
Taken Down" Submitted by Tyler
Durden on 09/27/2015
Having
warned that "we are on the precipice of a liquidation in emerging
markets like the fourth quarter of 1997," Passport Capital's John Burbank sits down with RealVisionTV to discuss
why "the Fed would eventually be forced into a fourth round of
quantitative easing to shore up the economy." Being among 2015's
best performing hedge funds, successfully navigating this turmoiling unwind of
the Fed's efforts to "mean-revert" the world's assets back to normal,
Burbank concludes, "nothing's safe," no matter what The Fed
does, "the liquidity of everything is being taken down."
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American
"Capitalism". Submitted
by Tyler Durden on 09/27/2015
"Everything is awesome..."
- just keep saying it.
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Dear
Janet Yellen, Here Is All You Need To Know About The US Economy: True
Unemployment Is Over 12%. . Submitted
by Tyler Durden on 09/27/2015
Dear Fed Chairwoman
Yellen: if you are still confused why there is so much slack and so little wage
growth in the US economy despite the 5.1% "reported" unemployment
rate, here is the answer: instead of a 5.1% unemployment rate in August, the
true unemployment rate in the "land of the free" has been rising ever
since the financial crisis, and is above 12% for the past three years.
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The "Hard-Landing" Has Arrived: Chinese Coal Company Fires 100,000. Submitted by Tyler Durden on 09/27/2015.
In a move that would make even Hewlett-Packard's
Meg Whitman blush, Harbin-based Heilongjiang Longmay Mining Holding
Group, or Longmay Group, the biggest met coal miner in northeast China
which has been struggling to reduce massive losses in recent months as a result
of the commodity collapse, just confirmed China's "hard-landing"
has arrived when it announced on its website
it would cut 100,000 jobs or 40% of its entire 240,000-strong labor
force.
[ Coal Co are out of
business worldwide for long time .. Now that China-PAK- IRAN oil pipes & RU
oil-gas are solving the problem of energy “dependency” .. China announced the starting
of a process in job cuts.. This could means confidence in future plans.. but
also a source of social disruption, as some neocon wishes .. We all depends on China’s economic success, so
prudence & best wishes to them ]
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A
German Explains Why VW's "Moral Demise" Is A Burden For The Entire
Nation. S by Tyler Durden on 09/27/15
Having not only the economic, but also the cultural
importance of VW in mind, it becomes clear why the scandal is hitting
Germany so hard and why there is the fear that the image of the country and
its industries as a whole might suffer.
[ In auto-industry German –our competitor- is well ahead.. Expecting
their demise –now moral demise- is just a wish-thinking. ..In Germany the main
concern is cutting cars-diesel emissions and morally we don’t do anything about it.. This seems to be a nasty
competition as we did it with Toyota . .. We hope that all car-Co abandon the
polluters asap ]
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In
"Sweeping" Interview, Putin Calls US Syria Strategy
"Illegal", Details Russia's Support For Assad. Submitted by Tyler
Durden on 09/27/2015 [Let’s make it clear: Putin is right .. We are wrong ]
"In my opinion, provision of military support to
illegal structures runs counter to the principles of modern international law and
the United Nations Charter."
[ Principles of international law & UN charters?.. what a
cynic-stupid statement.. If law principles & UN chartes are applied to that
we did in Iraq, Libya .. our rulers deserve death penalty/ jail forever ]
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WASHINGTON BLOG
The truly historic and massive flows of gold from West to
East is (someday) going to stop, for the simple reason that there will be no
more physical bullion left to move. It’s just a basic supply vs. demand
issue. At current rates of flow, sooner or later the West will entirely
run out of physical gold to sell to China and India. Although long before
that hard limit, we suspect that the remaining holders of gold in the West will
cease their willingness to part with their gold.
[ PERU. Gold is an strategic resource for countries like Peru.
Millions of people have been killed because of gold in Peru and foreign
companies & few people got rich with it. Very soon gold mines of Cajamarca &
others are going to be exhausted.. The State should nationalize them as soon as
possible and create SOEs (State Owned Enterprise) in partnership with good
foreign corp & national entrepreneurial sector. When will be the right time
to do it? .. We can wait until the World recession start, or the WW3 starts,
but this timing is uncertain. So the best time is right now, all that we need
is INFO about the Co that run the gold in Peru, starting with the big ones
& the communities hurt by water contamination or deprivation of water. We
need also to get contact with top levels of the military & explore the “nationalist”
inside. The rest is common politics & media control. I’m going to be back
with some experiences in this regard ]
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Why Saudi Ties
to 9/11 Mean U.S. Ties to 9/11. Posted
on September 27, 2015 by Kevin Ryan This is about the
connection of interest & business between Saudi –US terrorists governments
since 2001.
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Kentucky
Politician Files Lawsuit Claiming a First Amendment Right to Accept Bribes.
Posted on September 26, 2015 by WashingtonsBlog . Submitted
by Mike Krieger via Liberty Blitzkrieg blog,. This is about the
oligarchy in Kentucky whose politician are “claiming they have a
Constitutional right to receive gifts from lobbyists.”
----
The
UN Unveils Plan Pushing For Worldwide Internet Censorship. Posted on September 26, 2015 by WashingtonsBlog. Submitted
by Mike Krieger via Liberty Blitzkrieg blog,. SCAM ALERT. The United Nations has
disgraced itself immeasurably over the past month or so. In case you missed the
following stories, I suggest catching up now:
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You’d have to be in full denial mode not to see that it’s
getting ugly out there in global markets: currencies are melting down,
trade and shipping are tanking, commodities are swooning and global stock
markets are increasingly on central-bank life support.
…
The most critical systemic
sources of risk in global markets:
1. There’s too much debt globally; public and private debt
has skyrocketed since 2008.
2. Mal-investment due to perverse incentives: corporations
borrow money for stock buybacks rather than to invest in new productive
capacity
3. Stagnant income/revenues: households, companies and
nations cannot support more debt
4. The rise of high-frequency trading (HFT) has increased
the odds of flash crashes and instability
5. The rising U.S. dollar has triggered capital flight from
emerging markets and China
6. China’s economy is grinding to a halt, crushing demand
for commodities and commodity-dependent economies
7. Opaque banking: shadow banking in China, dark pools in
offshore banking centers, etc. True totals of debt, leverage and the quality of
collateral are all unknown
8. Deteriorating collateral globally. How many of the 60
million empty “investment” flats in China can be sold in an illiquid
marketplace with little demand for existing housing? What’s the real value of
assets listed on U.S. balance sheets that aremarked to fantasy?
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In 2008, Bolivian
President Evo Morales kicked out the US ambassador and the DEA. Since
then, reports HuffPo, Bolivia, a traditional coca-growing region, “has …
managed to reduce coca leaf cultivation, especially over the past five years.
According to the United Nations Office on Drugs and Crime, total production of
dried coca leaf fell 11 percent from 2013 to
2014, and has fallen by an average of nearly 10
percent each year since 2011.”
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NOTICIAS IN SPANISH
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PRESS TV
Huge
bomb blast kills 10 in Afghanistan.
Sun Sep 27, 2015 A huge bomb explodes in Afghanistan's southern province of
Paktika near the Pakistan border, killing at least 10 people.
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Cameron
says Assad can stay for now. Sun Sep 27, 2015 British Prime Minister
David Cameron says the Syrian President Bashar al-Assad can stay on as part of
a transitional government.
[Does Putin convinced him with the statement: Putin:
"En Siria solo hay un ejército legítimo y es el del presidente Al
Assad" RT, OR it was the language
of heavy weapons that Putin moved inside
Syria. Whatever the case, Putin was right ]
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VW
ordered to set standard timetable . Sun Sep 27, 2015 Germany orders
Volkswagen to set a timetable for meeting pollution standards
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US
strategy in Syria illegal: Putin. Sun Sep 27, 2015 Russian President
Vladimir Putin has branded US support for militants in Syria as ineffective and
illegal.
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‘Iran
must be part of solution in Syria’ . Sun Sep 27, 2015 UK's Labour
leader, Jeremy Corbyn, says Iran needs to be part of a solution to the conflict
in Syria and the wider Middle East.
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Pope
calls for immigrant rights in US. Sun Sep 27, 2015 Pope Francis said
immigrants “bring many gifts” to the US and should not be ashamed of their
traditions.
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