AUG 5 16 SIT EC
y POL
ZERO HEDGE
ECONOMICS
As the attached chart shows, there have been half a
million waiter and bartender jobs added since 2014, and no manufacturing jobs.
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According to
Mitsubishi UFJ strategist John Herrmann, the "jobs headline
overstates" strength of payrolls. He adds that the unadjusted data show a
“middling report” that’s “nowhere as strong as the headline" and adds that
private payrolls unadjusted +85k in July vs seasonally adjusted +217k. He
believes that the government
used a "very benign seasonal adjustment factor upon private payrolls to
transform a soft private payroll gain into a strong gain."
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Volume in inverse
ETF’s has dropped to its 2nd lowest level in more than 5 years; have traders
become too complacent?
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Where were the July
jobs? As our friends at Southbay Research point out, "Obamacare jobs offset weak Industrial and
Consumer payrolls"
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In a miraculous case of deja vu
all over again, after
cratering for the first 5 months of the year (confirming an 'opposition'
narrative of the economic weakness underlying a record high stock market), the
jobs market has suddenly surged... now where have we seen this before?
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Unprecedented expansion of
credit, wage inflation and much-needed limits on the power of central banks to
give away billions to oligarchs will generate inflation. The
central planners have successfully masked real inflation behind a smokescreen
of official statistics, but eventually a wind will rise that blows the
smokescreen away, and the reality of rising inflation will break the back of
the financial-political status quo.
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BofA's Michael
Hartnett points out something amusing, not to mention diabolical: following the
rate cuts by the BoE & RBA this week, "global central banks have now cut rates 666 times since Lehman."
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Why are businesses fleeing states like California...a couple of simple charts from the Tax
Foundation help tell the story
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POLITICS
For those who want to join the fastest growing segment of
the workforce (by educational level, or rather lack thereof), while having
saved themselves the hassle of not only years of college, but also highschool,
and certainly a lifetime of repaying student loans, here is what you have to
look forward to: according to
the BLS, these are the 35 highest paying occupations that require no formal
educational attainment.
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Call it conspiracy theory, coincidence or just bad luck,
but any time someone is in a position to bring down Hillary Clinton they wind
up dead. In fact,
as we noted previously, there’s a long history of Clinton-related body
counts, with scores of people dying under mysterious circumstances. While Vince
Foster remains the most infamous, the body count is starting to build ominously this election cycle
- from the mysterious
"crushing his own throat" death of a UN official to the latest death of an attorney who served the DNC with
a fraud suit.
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“When decent, law
abiding citizens try to speak out on matters of public importance,
they’re treated like criminals,”
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ME & WORLD ISSUES
Washington
has raised the cost of being a member of its Empire too high. Vassals such as France and Germany are
beginning to exercise independent policies toward Russia. Observing the cracks
in its Empire, Washington has decided to bind its vassals to Washington with
terror. Most likely what we are witnessing in the
French and German attacks is Operation
Gladio.
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In what has emerged
as the latest scandal involving Donald Trump, the presidential candidate on
Friday retracted a statement that he had seen a video on TV of a plane carrying
$400 million in cash to Iran. However,
what is ironic is that just as Trump was backtracking, the video in question,
together with commentary from Iran, did indeed emerge.
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If the economy is growing, and
there is really “no recession in sight,” then why is there such a
panic by the BOJ, BOE and ECB to expand their accommodative programs? Why
isn’t the Fed raising their benchmark rates? Why are earnings deteriorating
across sectors on an unadjusted basis?
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GLOBAL RESEARCH
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Anti-Corruption
Protest against Brazil’s Interim President Temer ahead of Rio Olympic Games
Opening By RT
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Remember
Hiroshima: No Danger of Nuclear War? The Pentagon’s Plan to Blow up the Planet By Prof Michel
Chossudovsky
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“Thinking
Through the Unthinkable”: RAND Corporation Lays out Scenarios for US War with
China By Peter Symonds
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“Liar
in Chief” Obama Supports the Terrorists, Wants War with Russia and China, Still
Intends to Overthrow Syrian Government
By Dr. Paul Craig
Roberts,
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DEMOCRACY NOW or DOWN with TYRANNY
The blackmail of McCain pay off .. with these friends Trump
don’t need enemies
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VIDEO URL https://youtu.be/S3OZz6ABuIE
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VIDEO URL: https://youtu.be/2syLbDv2o0s
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VIDEO URL: https://youtu.be/RN-tSL4DmeE
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COUNTER PUNCH
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Calvin Priest – Pam Keeley
Inside
the DNC Walkouts
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Luciana Bohne The
Elective Affinities of Hillary Clinton
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Vincent Emanuele Liberal
Antiwar Activism is the Problem
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Peter A. LaVenia Smearing Stein: Media as
Propaganda
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Pepe Escobar Say
Hello to Southeast Asia’s New Silk Roads
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Geoff Dutton Let’s (Third)
Party
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Paul A. Olson - Kevin Martin
We
Refuse To Be Targets
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Andrew Stewart Green
Base Building With Black Lives Matter
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RT SHOWS
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WASHINGTON BLOG
Posted on August 5, 2016 at:
….
That inflation and interest rates
will remain near-zero for a generation is accepted as “obvious” by virtually
the entire mainstream media. The reasons for this are equally “obvious”: central
banks have the power to suppress interest rates indefinitely by creating money
out of thin air and using this new cash to buy bonds in unlimited quantities;
and
But suppose for a moment that
this confidence in near-zero interest rates and inflation as far as the eye can
see is wrong. As I have demonstrated this week, rising interest rates and inflation
would break the back of the status quo.
What makes inflation difficult to
grasp is its multi-faceted character. Inflation is a monetary dynamic, to be sure, as creating new fiat
currency in excess of increasing production / productivity reduces the
purchasing power of the currency.
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NOTICIAS IN SPANISH
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Jóvenes latinoamericanos: “¿sospechosos?” Marcelo Colussi
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Argentina choca dos veces con el mismo Iceberg Javier Lewkowicz
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La simpatía del pueblo para OB esta debajo de
1/3 = Opinión descalificada
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"Putin ha reclutado a Trump
como agente": Exdirigente de la CIA enumera los 'peligros' del candidato
En la CIA no dirige a nadie. Ahora trabaja en
Circo financiado por la Clinton .. da risa este bufon
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PRESS TV
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MSNBC is the most
stinky presstitute of Hillary. Don’t trust them
They are afraid of
Trump & want to induce same fear on others
At the end both are 2
sides of the same coin. A devaluated one:
Our nation hate both
of them. Only ¼ of total voters voted them
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Kazakhstan respond
to Turkey they will help each other
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Putin indicates Russia wants Iran in EEU Iran lead Eurasian
region
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Esta idiotez de la CIA solo provoca risa
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