martes, 29 de noviembre de 2016

NOV 29 16 SIT EC y POL



NOV 29 16  SIT EC y POL


ZERO HEDGE
ECONOMICS




THE WORLD CONTEXT


As the public is told day after day by mainstream media, if stock prices are up in America, it is an indication that all is well in the economy... consumers can consume, investors can invest, and producers can produce as confident citizens gorge on ever more credit (because everything is awesome). So we wonder what the 'CNBC' of these two countries would be saying about their stock markets' massive outperformance...
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Total fertility rates, which can be defined as the average number of children born to a woman who survives her reproductive years (aged 15-49), have decreased globally by about half since 1960. This has drastically shaped today’s global economy, but a continued decline could have much more severe long-term consequences.
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IF FINANCIAL STABILITY DEPENDS on STABLE DEMOCRACY: NO WARS then.. bad news

"Across numerous countries, including Australia, Britain, the Netherlands, New Zealand, Sweden and the United States, the percentage of people who say it is “essential” to live in a democracy has plummeted, and it is especially low among younger generations."
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Having exposed the deepening liquidity crisis in China previously, tonight's action across AsiaPac money-markets suggests - despite US equity record highs - all is very much not well below the surface of the global financial system. Short-term China repo rates have exploded to 20-month highs, Hong Kong Dollar money-market rates have jumped to the highest since May 2009, and Yen basis swaps are showing the most extreme demand for dollars since Lehman...
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Do they know something that the rest of us do not?
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Following Donald Trump’s surprise victory and the violent market reactions, many investors are left scratching their heads. The consensus narrative warned that a Trump victory would spell doom for the markets. Days later, the narrative flipped and Trump’s economic policies, all of which were known prior to the election, are deemed beneficial for share prices.
Trump’s Plan

Donald Trump does not have a magic wand that allows him to instantly enact his wishes. Consider the following:
  • Legislative- Trump must deal with Democrats in Congress that abhor the thought of him as Presi-dent. There are quite a few Republicans who harbor similar views.
  • Tax cuts- While positive for the economy, will they result in more productive investments? If not, they do little more than provide a short-term economic spark and increase the budget deficit and already gargantuan national debt.
  • Infrastructure spending- Infrastructure projects can be productive, like the Hoover Dam, or unpro-ductive like a bridge to nowhere. Unproductive projects, as is fairly typical, provide little more than a temporary burst of growth and higher debt levels. Many economists believe the fiscal multiplier to be negative. In other words, the amount spent on fiscal projects actually reduces economic growth. Typically, we fail to consider the money that could have been invested in more productive growth that instead is used to fund unproductive projects. Expenditures on new infrastructure are very different from revitalization projects on existing structures, akin to remodeling a home.
  • Interest rates- If Trump is successful in generating economic growth and inflation, interest rates will rise. The government, corporations and individuals of this country are already burdened with a heavy debt load in large part masked by historically low interest rates.
  • Dollar- The U.S. Dollar may continue to appreciate versus the respective currencies of many of our trade partners as growth and higher interest rates are factored into currency prices. If this occurs, U.S. exports and corporate earnings will be pressured. Additionally, a stronger U.S. Dollar creates, deflationary pressures and destabilizes countries heavily reliant on dollar funding, such as China and other emerging market economies. These countries are a very big part of the U.S. economic supply chain.
  • Trade deals- Renegotiating trade deals may be beneficial in the long run, but in the short term such actions can produce hostility from other nations and may result in a reduction in global trade.
Our point is not to say Trump’s proposals will or will not work. Without more details, which will emerge over the next few years, we are only able to speculate on their effectiveness. We summarized a few of Trump’s proposals above to help you better understand that there are many factors to consider before bluntly claiming them positive as the market has done.
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FINAL REMARK ON WORLD CONTEXT:

Will we go the way of Rome?  We already have, in most regards...
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BACK TO US BUSINESS

What makes Allison's candidacy especially notable is that he happens to be a prominent critic of the Federal Reserve, as well as an advocate of the gold standard. Allison has said his “long-term ambition” for monetary policy “would be to get rid of the Federal Reserve and get back to a private banking system.”
[ IS he talking about  Steven Mnuchin?  LISTEN THIS: Trump Picks Former Goldman Banker Steven Mnuchin As Treasury Secretary
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Seems like a big gap between hope and reality...


And notably, the BIS new "fear" index just reached 4-month 'highs' as the global dollar shortage escalates... 


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Having fallen to a 3-month low in October, Conference Board Consumer Confidence soared to 107.1 in November post-Trump - the highest since July 2007. This confirms Gallup's survey which saw economic confidence at its highest level since before Lehman, swinging positive post-Trump after being almost uniformly negative since Obama's election.
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POLITICS



Numerous outlets have reported that former Goldman banker Steven Mnuchin "a financier with deep roots on Wall Street and in Hollywood but no government experience" is expected to be named Donald J. Trump’s Treasury secretary as soon as Wednesday.
[[ Is this a bye-bye to radical change promised by Trump or a way to break deep-state? ]]
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In? the military a rearguard action is defined as ‘a defensive action carried out by a retreating army’ and it is an appropriate description of the desperate scrabbling by NATO to convince the rest of the world — and especially Donald Trump — that its existence is justified.
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Jill Stein's Recount Effort Gets 12 Times More Coverage From ABC, CBS, NBC Than Her Entire Campaign  This art doesn’t  explain WHY? .. neither Hillary nor Soros mentioned

When Jill Stein was the Green Party’s candidate for U.S. president, the networks only gave her 36 seconds of coverage. However, as NewsBusters' Mike Ciandella details, as soon as she launched a campaign to contest the presidential election and demand a recount of ballots in several key states, the evening news shows on ABC, CBS and NBC managed to find 7 minutes and 26 seconds of coverage for her in just four days. That's more than 12 times as much coverage as in the entire campaign.
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How Much Does The FBI Really Know About You?

The Federal Bureau of Investigations is facing a new lawsuit from EPIC (Electronic Privacy Information Center) regarding the agency’s latest biometric identification system.
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"As a candidate, Dr. Stein has the right to call for a recount. However, we urge the GPUS to distance itself from any appearance of support for either Democrats or Republicans. We are well aware of the undemocratic actions taken during the primaries by the DNC and the Clinton campaign. Greens cannot be perceived to be allied with such a party."
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THE HYPOCRICY ZONE:  usual habits of Hillary..

"Hello, Pot.  I'm Kettle.  You're black..."  No te me acerques que me tisnas, in spanish
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WORLD ISSUES and ME


Having stated in the past that the only reason Turkish forces are on Syrian soil is to combat Islamic State terrorists, today Turkish president Recep Tayyip Erdogan made a dramatic diplomatic reversal and said that the Turkish Army has entered Syria to end the rule of President Bashar Assad, whom he accused of terrorism and causing the deaths of thousands.

[[ Erdogan a punto de perder soga y cabra: EU no los quiere y Russia-China no lo necesitan. Presiento que va a tener el final del criminal de España Fco Franco: una bomba. Jamás se supo del autor.]]
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An article published in The New York Times this past Sunday perfectly demonstrates how out of control and unconstitutional America’s foreign policy has become. It highlights the latest war being perpetrated by the Obama administration, which is expanding with very little scrutiny from the press or the government branch supposedly in charge of waging war, the U.S. Congress.
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[[Do you mean a mercenary group Wkng with Obama? This is not EU, Syria, or Somalia  .. You can’t manipulate fear to hide some nasty political scams. You can create other Oklahoma blast.. if you kill innocent American people in the name of your fake “ISIS”. Only Trump can believe this idiocy ]]

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Last week, the newly formed group “Veterans Stand for Standing Rock” called on veterans to nonviolently stand up to militarized law enforcement at the site of the Dakota Access Pipeline protests. Since its initial call to action, the veterans’ movement has grown exponentially, from a couple hundred veterans to their maximum capacity of 2,000.
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The forces of nationalism and populism have been unleashed all over the West and all over the world. There is no going back...

[[ If Trump fails implementing the radical change promised … a National-Democratic REV may start.. the grass root is to dry to play with fire.]]
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Likable or not, Obama’s legacy will be one of complete failure...

[[ Three policies can save his honor: A-Pardon to Snowden. B- Cancel blockage to Cuba & return Guantanamo to them, and  C. Recognize Palestine and  bring back troops from ME, they’re going to be incinerated when Syria’ allies decide to demolish Turkish tanks and remnants of ISIS. This is very likely to happen soon. ]]
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La compra-venta electoral continua: Business as usual: a key player of deep-state now with Trump. Who eat whom?.. eso no se pregunta.  Bon appetite Monsieur Goldman, that ostrich may need a lot of wine. How much did you expend? .. Trump was right: he can be Presid & business-man at the same time .. since this happens before taking power .. no conflict of interest at stake.

Following former Goldman Sachs' partner Steve Mnuchin's visit to Trump Tower this morning (as the decision over Treasury Secretary looms), the Trump transition team just announced that Donald Trump and Mike Pence will meet with Goldman Sachs COO Gary Cohn (but provided no details on what they would discuss)  [[Christmas gifts .. of course ]]
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In what appears to be a material shift in the perceived OPEC balance of power, while Iran (and Iraq) have so far refused to concede to Saudi demands for production cuts, moments ago Reuters reported that in what can only be described as a demonstration of power, Iran proposed that it be Saudi Arabia that foots the entire proposed production cut, by reducing its own production to 9.5 million barrels.
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Iran just hammered another nail in the coffin of an OPEC 'deal' when oil minister Bijan Namdar Zanganeh told reporters in Vienna ahead of OPEC meeting on Wednesday that "Iran won't cut oil production." Despite confident comments from Algeria, WTI plunged to within a tick of a $44 handle to 2-week lows...
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DEMOCRACY NOW


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GLOBAL RESEARCH


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INFORMATION CLEARING HOUSE


Reporters who rely on the White Helmets' leader in Aleppo ignore his record of deception and risk manipulation
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The Security Council should reaffirm the illegality of all Israeli settlements beyond the 1967 borders.  [[ Why 1967?. Israel should return all land miss appropriated beyond the initial adjudication in 1948.]]
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President Obama has given the Pentagon’s Joint Special Operations Command, authorizing it to carry out assassinations across the globe. [ OB a pawn of deep-state: they dictate to Dems-GOP same policy ]
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Waiting for the Barbarians  By Chris Hedges
The crisis is coming. The prisons will swell.
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Flag-burning is free speech. Even the late Justice Antonin Scalia would tell you that.
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The Tyranny at Standing Rock   By John W. Whitehead
The Government’s Divide-and-Conquer Strategy Is Working.
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COUNTER PUNCH


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John W. Whitehead   Tyranny at Standing Rock
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SPUTNIK and RT SHOWS


Iran Calls US Military Presence in Persian Gulf ‘Main Problem’ After Helicopter Incident   https://sputniknews.com/us/201611291047984759-iran-us-military-persian-gulf/
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How Trump's Hardline Stance on Iran Will Affect Tehran's International Trade
https://sputniknews.com/world/201611251047824956-italy-itan-relations-trump/
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North Dakota Police To Block Supplies From Entering Camp of Pipeline Protesters
https://sputniknews.com/us/201611291047983625-officers-block-standing-rock-supplies/
Related  North Dakota Governor Orders Emergency Evacuation of Pipeline Protest Area
https://sputniknews.com/us/201611291047945963-north-dakota-evacuation-dapl-protesters/
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Netherlands Is One Step Closer to Banning Burqa in Public Places  Good!
https://sputniknews.com/world/201611301047986938-netherlands-bans-burqa/
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Italy to Respond to Russia's Presence in the Mediterranean With Naval Reform
https://sputniknews.com/military/201611291047958629-italy-naval-modernization/
[[La ayuda humanitaria de NATO al ISIS siempre llevó difer  band y cascos.. ahora de Italia? ]]
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RT SHOWS
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WASHINGTON BLOG



One of the most remarkable ironies of The Washington Post’s recent evidence-free fabrication of purported “Russian propaganda” websites (including this site) is how closely it mimics the worst excesses of the USSR’s Stalinist era.

Those unfamiliar with the Stalinist era’s excesses will benefit from reading Solzhenitsyn’s three-volume masterpiece The Gulag Archipelago: 1918-1956, The Gulag Archipelago 2 and Gulag Archipelago 3.

One episode is especially relevant to the totalitarian tactics of The Washington Post’s evidence-free accusation. Solzhenitsyn tells the story of one poor fellow who made the mistake of recounting a dream he’d had the previous night to his co-workers.
In his dream, Stalin had come to some harm. In Solzhenitsyn’s account, the fellow was remorseful about the dream.

Alas, mere remorse couldn’t possibly save him. He was promptly arrested for “anti-Soviet thoughts” and given a tenner in the Gulaga tenner being a ten-year sentence in a Siberian labor camp.

The Washington Post’s accusation is based on a “behavioral analysis”–in other words, publicly sharing “anti-Soviet thoughts”in our era, the equivalent is sharing anti-Establishment thoughts.

Your crime, as it were, need not be substantiated with evidence; the mere fact you publicly revealed your anti-Establishment thought convicted you.

This is the Corporate Media’s Gulag of the Mind. We’ll tell you what’s “true” and what is correct to think and believe. Any deviation from the party line is a threat and must be discredited, marginalized or suppressed.
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NOTICIAS IN SPANISH


Lecciones de Fidel   Pablo González Casanova
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¡Bienvenido Mr. Trump!  Susana Merino
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PRESS TV


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They have to get out immediately, their tanks are gona be wiped out
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