SET 17 16 SIT EC
y POL
ZERO HEDGE
ECONOMICS
In the
history of data from The Fed, this has never happened before...
Aggregate Auto Loan volume actually fell last
week... And less loans means one simple thing...
less sales (because prices have never been higher and no one is
paying cash)... See chart “US Total
Vehicle sale” at: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/09/15/20160917_auto2_0.jpg
Which is a major problem since motor vehicle production
continues to rise as management is blindly belieiving the Hillbama narrative
that everything is (and will be) awesome.
The problem is... inventories are
already at near record highs relative to sales (which are anything but
plateauing)... See chart “Motor-Vehicle Inventory /sales” at: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/09/15/20160917_auto_0.jpg
In fact, the last time inventories were this high
relative to sales, GM went bankrupt and was bailed out
by Obama.
The big picture here is simple...
US Automakers face a plunge in auto loans for the first time in this
'recovery', and with sales plunging and inventories near record highs, production (i.e. labor) will have to take a hit... and that
plays right into Trump's wheelhouse and crushes Hillbama's narrative just weeks
before the election.
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The stock
market can defy economic weakness up to a point, particularly during
times of strong money supply growth – but this
isn’t going to last if the weakness continues or worsens. Ultimately
it will hinge on the state of the economy’s pool of real funding, and all indications are that it is increasingly in trouble.
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What we are witnessing here and in market trading of inflation
expectations is the unwinding of the myth of the Great Moderation...
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Peak Debt... or Peak Stupidity?
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But after 100-years of
mismanagement, the last eight being in the radically
extreme, the Fed has scored a big fat rotten tomato. The data still stinks – GDP’s still anemic. But the downside of their actions is
downright putrid.
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Alabama,
Tennessee, & Georgia Declare States Of Emergency As Gas Shortages Loom
After Pipeline Leak
A gasoline pipeline spill is currently unfolding in the South. The leak has prompted Alabama Gov. Robert Bentley, Tennessee
Gov. Bill Haslam, and Georgia Gov.
Nathan Deal to declare
states of emergency... "You're
going to see some places without gasoline... It’s like a mini-hurricane."
[ If the real
problem were pipeline spill.. no need
to Declare States Of Emergency As Gas Shortages.]
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Ban on
paper currency? Is this different from China dumping US treasures at high
speed? See below: De-banking US financial system at world level, in ME &
WORLD ISSUES
Ken Rogoff is by all accounts a brilliant man. The Harvard professor and former IMF chief economist is a chess
grandmaster. His thesis committee included current Fed vice-chair
Stanley Fischer. But like many survivors of Ivy League hoop jumping, the poor
fellow appears to have emerged punch drunk. That’s the only conclusion to be drawn
from Rogoff’s new book, The Curse of Cash ,
which, in effect, proposes a ban on paper currency.
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POLITICS
"CLINTON SCANDAL RITUAL:
lie, deny,
revise, claim not to remember specifics, stall for time. When it
passes, call the story “old news” full of questions that have already been answered.
'As I’ve repeatedly said . . .'"
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Trump:
"Hillary's Bodyguards Should Drop All Weapons. Let's See What Happens To
Her"
Answer? NOTHING.. she is
already dead.. only expecting a “nice” burial
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The
Philadelphia incident began when a man walked up to an officer on the street
and opened fire. The suspect
then shot four civilian passers-by as he was chased through the streets. A second officer was then shot when the suspect was chased
into an alley, at which point the suspect was
shot.
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ME & WORLD ISSUES
62 Syrian soldiers have been reported killed in
a U.S.-led coalition airstrike on a military base. The airstrike on
Saturday took place near the Deir el-Zour airport in eastern Syria and was carried out by two F-16s
and two A-10s. He did not identify the planes' country affiliation, but
said they were part of the international coalition.
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De-banking US financial system at world level
What until a month ago was "merely" a
record $335 billion in central bank sales in the LTM period ending June 30, one month later, this number has risen to a new all time high $343.4 billion, or well over a
third of a trillion in Treasuries sold in the past 12 months.
….
Among the biggest
sellers if on a market-price basis, not surprisingly, was China, which
in July "sold" $22 billion in US paper (the number is different - the
tracked total shows, bringing its total to $1.219 trillion, the lowest total
since 2012. SEE CHART on CHINA-US TREASURY HOLDINGS at:
What is becoming
increasingly obvious, is that both foreign central banks, sovereign wealth
funds, reserve managers, and virtually every other official institution in
possession of US paper, is liquidating it at a never
before seen pace. In some cases, like China,
this is to offset devaluation pressure; in others such as Saudi Arabia, it is to provide the funds needed to offset the
collapse of the petrodollar, and to backstop the country's soaring
budget deficit.
So who are they
selling to? The answer, at least for now, is private demand, in other words
just like in the stock market the retail investor is the final bagholder, .. We wonder if they would do that knowing
who is selling to them. .. What happens if.. private sellers also declare a buyer's
strike. The answer?.. Fed monetization
of US debt, of course, better known as QE. We bring this up because,
amusingly, the Fed is still harboring some naive hope
it can/will raise rates in the coming week and/or months.
[[ So, what
would happens if the FED raise rates before election
day? And what if.. the FED do it later on? This intersection bet Econ
& politics is the key to understand the chances of sudden
crash or world recession and the chances of nuke-war too, at world
system level.]]
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"The
boys in Tehran know Israel has 200, all targeted on Tehran, and we have thousands. As [Iranian
President Mahmoudin Ahmedinejad said], ‘What would we
do with one, polish it?’ I have spoken publicly about both [North Korea]
and Iran. We’ll blow up the only thing they care
about—regime survival. Where, how would they even test one?"
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GLOBAL RESEARCH
If
Hillary’s Not Able, There’s Always Tim Kaine By Eric Draitser Huge defeat with him!
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THE REAL NEWS NETWORK
Exclusive: The
National Nurses United a member of the AFL-CIO, strongly rebuked the AFL's
decision to endorse the Dakota Access Pipeline.
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INFORMATION CLEARING HOUSE
“Straight after the coalition’s strikes,
ISIS militants launched an offensive,” said the statement.
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Who Are the Crazies on Korea? By Jacob G. Hornberger
The North Koreans are not dumb
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Western Media Credibility In Free Fall
Collapse By Paul Craig
Roberts
Only 32% of Amerians trust the print and TV
media to tell the truth.
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Oliver Stone : 'The US Government Lies All
The Time' By Benjamin Lee
As Snowden said himself the other day, ‘the
world is out of control.’
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How the CIA tried to block the U.S. Senate’s
torture investigation
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$1.2 Trillion: The Hidden Costs of Mass
Incarceration By Alice Salles
“The mortality rate of
formerly incarcerated persons is 3.5 times higher than that of people who have
not been incarcerated,”
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The evidence of global warming is in. Our
fate is sealed.
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RT SHOWS & SPUTNIK
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Russian MoD Confirms US-Led Coalition's F-16, A-10 Jets
Attacked Syrian Army https://sputniknews.com/middleeast/20160917/1045415141/russia-syria-army-attacked.html
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Russia is the Solution to 'Bloody Stalemate' That US Created
in Syria https://sputniknews.com/politics/20160917/1045400544/russia-syria-us-disengagement.html
CHECK VIDEO: Well Done! Russian Bombers Hit major Daesh arms depot in Syria: https://youtu.be/iCg1Y1gUDVw
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Putin Reveals Why US Refused to Make Deal With Russia on
Syria Public https://sputniknews.com/politics/20160917/1045403109/putin-russia-syria.html
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Pro-Erdogan Turkish Newspaper Says Dead US Soldiers Were
Terrorists, Not Heroes https://sputniknews.com/middleeast/20160917/1045416815/turkey-syria-american-soldiers-killed.html
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Shock Poll: Democrats Want Bernie if Hillary’s Health Forces Her Out https://sputniknews.com/news/20160917/1045417082/hillary-health-pneumonia-seizure-bernie.html
Shock Poll: Democrats Want Bernie if Hillary’s Health Forces Her Out https://sputniknews.com/news/20160917/1045417082/hillary-health-pneumonia-seizure-bernie.html
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WASHINGTON BLOG
My last blog post was wrong. As of a week ago, it does matter who is elected president. That’s
because one of the candidates has openly called for a new investigation into
the crimes of 9/11.
- “The families and friends of those who were murdered on 9/11 deserve justice. They also deserve to know the truth.”
- “Under our administration a new inquiry would have access to the considerable body of responsible independent research that has emerged over the last 15 years.”
- “We would create an independent 9/11 Commission, not one dominated by members with an interest in protecting the reputation and careers of foreign affairs and intelligence communities.”
- “It’s time for a full accounting of what happened, and an end to the misguided post-9/11 wars that are actually making us less safe, not more safe.”
In May, a national poll showed that, “An unprecedented 91 percent of voters 28 or younger favor
having an independent on the ballot, and 65 percent of respondents are willing
to support a candidate who isn’t Clinton or Trump.”
Jill Stein is on the ballot in 44 states. It’s not clear what chance she has given the
serious, inherent problems with the U.S. voting process and electronic voting machines. But she is the only candidate discussing what matters to the
American people as opposed to what matters to the ruling oligarchy.
⇒ Keep Reading
⇒ Keep Reading
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1: Calling the bloody
U.S. coup that
overthrew the democratically elected President of
Ukraine in February
2014 instead a ‘democratic revolution’ against
him, which established ‘democracy in Ukraine,’ instead of established a dictatorship and a civil
war there.
2: Ignoring that the breakaway of
Crimea from Ukraine, and that the 90+% vote of Crimeans, for Crimea to rejoin
Russia (of which Crimea had been a part until the Soviet dictator
transferred it to Ukraine in 1954), resulted directly from
America’s violent overthrow of the Ukrainian President, for whom 75% of
Crimeans had voted.
3: Lying to say that a majority
of Syrians want to replace Bashar al-Assad as Syria’s President, and to
say that the Obama regime wants a democratic Syria and that the Russian
government does not.
It’s no different
than the lies that were stenographically reported as ‘truth’ about ‘Saddam’s WMD’, except that, this time, the lies can produce nuclear war with Russia.
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NOTICIAS IN SPANISH
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EconomÃas con pies de petróleo Gerardo Honty
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El próximo objetivo del imperio: Venezuela Gustavo Espinoza
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Y el bloqueo a Cuba, hasta cuándo? Gustavo Espinoza
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La coalición liderada por EE.UU.
ataca una posición del Ejército sirio y deja al menos 60 muertos
Lo que se dejó de
hacer, lo hizo el imperio.
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Keiser report La misma salsa para todas las
economÃas
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PRESS TV
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