DIC 8 16 SIT EC y POL
ZERO HEDGE
ECONOMICS
EL CONTEXTO MUNDIAL
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According
to Goldman calculations, the likely phase in period for the Trump fiscal
stimulus is the very end of 2017, if not early 2018 at the earliest: "Our
preliminary expectation is that the growth effects from looser fiscal policy
would be concentrated in Q4 2017 and the first half of 2018."
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"I
sometimes feel like ‘The Grim Reaper’, scouring the research savannah in a
ghoulish quest to harvest bad news with a forceful sweep of my scythe. Imagine
then my perverse delight when our credit team produced what is one of the
scariest charts I have seen for a very long time." = Albert Edwards
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It would be nice if we could figure out a way
to make our economy last forever, but it is doubtful that we can. Ultimately, the battle between diminishing
returns and increased complexity seems
likely to be settled in a way that causes the economy to collapse.
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The “Carrier” deal, and future deals like it,
only succeed in temporarily keeping the
jobs of yesterday with a cost to taxpayers today.
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"I hate to rain on this parade. But the latest lurch upwards in
stock prices has just taken market valuations up into the skybox levels,
according to the market timing measure with the longest pedigree on Wall
Street. It’s just gone from flashing
amber to flashing red - meaning, if it’s right, that there is now a significant and rising risk of a crash,
and a bigger risk of simply very poor returns."
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Notably bond market 'risk' is at its highest
relative to stock market 'risk' (based on implied vols) almost ever...
See all graphs here: http://www.zerohedge.com/news/2016-12-08/vix-stocks-surge-second-day-amid-bond-bloodbath
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Despite an initial pop, it appears the Trump presidency has not been greeted by all
Americans equally exuberantly as the stock market.
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Portland
"Orecrats" Target Income Inequality: Pass Massive 25% Tax On Corps
With "Excessive CEO Pay"
Liberals
in the city of Portland Oregon have put their foot down against income
inequality. The “Orecrats” are not going after CEOs, but rather
corporations that have CEO salaries the “Orecrats” deem excessive. The tax penalty on corporations is as much as
25%.
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"This
is a big deal. There's not a better indicator of well-being than life
expectancy. The fact that it's
leveling off in the U.S. is a striking finding."
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POLITICS
"To the millions of undocumented residents pursuing and
contributing to the California Dream, the
state of California will be your wall of justice should the incoming
administration adopt an inhumane and over-reaching mass-deportation
policy."
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"Merry Christmas, mayor. Hopefully
you have a good Christmas because you have successfully screwed over the retirees, the firefighters and the police
officers."
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“At no
time has my office agreed to or permitted DHS to conduct penetration testing or
security scans of our network. Moreover, your department has not contacted my
office since this unsuccessful incident to alert us of any security event that
would require testing or scanning of our network.”
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WORLD ISSUES and ME
After stating that The ECB will relax the
previous QE parameters, allowing it to buy bonds with yields below the deposit
floor, 5Y German yields have dropped
below -40bps. The entire European bond yield curve has steepened
dramatically (German 2s10s +12bps to
steepest since July 2014).
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"China won't pay into Trump's protection
racket. It should use the money to build more strategic nuclear arms and
accelerate the deployment of the DF-41 intercontinental ballistic missile.
China's military spending in 2017 should be augmented significantly." -
Global Times
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- Draghi Expected to Lay Out Plans for More ECB Stimulus (WSJ)
- Bonds Fall as Investors Turn Wary on ECB Stimulus; Euro Gains (BBG)
- European Stock Traders Look to Draghi to Break Santa Curse (BBG)
- Trump to nominate Pruitt to lead U.S. environmental agency (Reuters)
- Trump's choice of China envoy a positive sign for ties, Xinhua says (Reuters)
- Syrian Rebels Pin Hopes on Trump (WSJ)
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DEMOCRACY NOW
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GLOBAL RESEARCH
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Easy target: 2 birds in one shot. We should
bring our troop home
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INFORMATION CLEARING HOUSE
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Are Sanctuary Cities Legal? By Judge Andrew P. Napolitano
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Populism In America: "Follow The
Money" By Charles
Hugh-Smith
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Donald Trump Will Cause US Power to Collapse By Harriet Agerholm
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More Thoughts on Trump’s $1 Trillion
Infrastructure Plan By Ellen
Brown
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Dismal Jobs Report By Paul Craig Roberts
The false news is that the collapsing economy continues to
boom with 178,000 new jobs in November
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COUNTER PUNCH
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Ralph Nader – Mark Green
Divest
or Face Impeachment: an Open Letter to Donald Trump
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SPUTNIK and RT SHOWS
Chinese Press Calls for Nuclear Build-Up to Face Trump’s US https://sputniknews.com/asia/201612091048341157-china-press-nuclear-increase-trump-us/
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Mercosur Presidency to Go to Argentina in January
https://sputniknews.com/latam/201612091048344429-mercosur-presidency-argentina-january/
https://sputniknews.com/latam/201612091048344429-mercosur-presidency-argentina-january/
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Syrian Army Suspends Combat Operations in Aleppo – Lavrov https://sputniknews.com/middleeast/201612081048331257-syrian-army-lavrov/
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Russia, Cuba Sign Program on Defense Technology Cooperation
https://sputniknews.com/russia/201612091048342385-russia-cuba-program-defense-technology/
https://sputniknews.com/russia/201612091048342385-russia-cuba-program-defense-technology/
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RT SHOWS
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Keiser Report Episode
1003 Int to Michael Carmichael
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WASHINGTON BLOG
Posted on December 8, 2016 by Charles
Hugh Smith
One of the most disturbing
failures of the mainstream media in this election cycle was its complete lack
of historical context for Trump’s brand of populism.If you consumed
the mainstream media’s coverage of the campaign and election, you noted their
obsession with speech acts (as opposed to concrete actions),
personalities and conspiracy theories pinning
American populism on Russian propaganda.
The mainstream media
dismisses populism by pushing two absurdly ignorant narratives:
1. Populism (we’re told) always
leads to authoritarian rules and/or fascism (i.e. Nazism). All populist movements are therefore tarred with the
Nazism brush: no good could possibly come from Populist movements because
they always lead to fascism.
This is convenient for the apologists of the embattled
status quo, but it’s utterly false: America’s
enormous populist movements have never led to fascism.
2. Since the status quo is wonderful and America’s economy
is strong, dissent or populism cannot
be home-grown–it must be the work of the Devil, in the guise of “foreign
propaganda.”
Notice the classic propaganda ploy being deployed here: since dissent is
impossible in a regime as well-managed and prosperous as America’s status quo, populism
must be driven and controlled by evil foreign agents.
This is laughably absurd: America’s populist movements, including the present
one, have been revolts against the concentrated wealth and power of
self-serving status quo elites.
⇒ Keep Reading
⇒ Keep Reading
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NOTICIAS IN SPANISH
Estados Unidos, el país más
peligroso de la Tierra Tom Engelhardt
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Cuando la historia la escriben los
vencedores Jordi
Córdoba
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Y
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PRESS TV
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Le Pen urges ban on education for refugee kids. I she a mother?
She uncovered herself her fascistic view on geo-politics.
Incredible!
Whew he will realize that behind ISIS is US-NATO-Israel
terrorism?
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EU: Refugees can be sent back to Greece Stop selling weapons instead
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‘Syria
must press on with Aleppo offensive’ YES. Do
it now!
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