MAR 11 17
SIT EC y POL
ZERO HEDGE.
ECONOMICS
"And so here we find
ourselves, at the final torturous, grinding part where the final bubble top is
formed. The über-bubble. The Greatest Of Them
All..."
Here only extracts.
Get the full art at: http://www.zerohedge.com/news/2017-03-11/when-all-blows
A Quick Re-Cap
And so here we find
ourselves, at the final torturous, grinding part where the final bubble top is
formed. The über-bubble. The
Greatest Of Them All.
A bubble this spectacular requires a top worthy of its size.
A long, massive top, full of increasing exuberance -- until the very last
investor is sucked in.
Where I’ve noted
humans’ remarkably silly behavior during bubble episodes in the past – tulip bulbs, railroads,
swampland - I still struggle to understand or even explain this one.
A credit bubble occurs when the
issuance of credit grows faster than income supporting it. Here’s what that looks like on a national
scale for the US. The bottom red line is income (GDP) and the top blue line is
Total Debt. We can see that debt has been growing at twice the rate of GDP
since 1970:
The only thing that capable of
preventing this coming carnage would a resumption of rapid economic growth. And
I mean growth that exceeds the rate of debt creation.
But that's simply not going to happen.
The Problem With Growth
We can dispense with the idea of
“solving” our too-much-debt problem by a resumption of rapid economic growth
either by deduction or observation. Both work just as well on their own, but each tells a similar story in
this case.
Thus, from a deductive
standpoint, combining what we know about high levels of debt and flattening
energy returns energy there’s really no more room for confusion about why GDP
growth is, and will remain, anemic (at best).
Observationally, we now have more than a full decade of
sub-par (i.e., ‘too low’) world GDP growth:
And, just for kicks, we might
also note that the GDP forecasting agencies of the world have consistent in
over-estimating future growth. Of course, this doesn't deter them from continuing to predicting higher
future growth each year. As a case in point, here are the IMF's predictions
for world growth over the past 6 years:
Each of those colored lines is a
forecast. Each of them foresaw growth going notably higher in the near
future. Not only was every one of them utterly wrong in direction, each
failed at getting even the next quarter anywhere close to right. See how none of those lines ever dips below
3%? See in the prior chart how global growth never breached 3% in any of
these same plotted years?
For a variety of reasons, with aging demographics being a
huge factor, future growth in the OECD countries must slow:
My ‘prediction’ is that these projections
will turn out to be far too high. Mainly because I include declining net energy in my views and no
mainstream economist ever does. But the track records of these outfits
shows that taking the ‘under’ side of the over/under bet offers incredibly safe
odds.
At any rate, the main story here is that the only way we can begin to
justify the astronomical levels of debt currently on the books, let
alone slathering on new tranches just to keep the whole thing form imploding, is
to have a story of endless, rapid future economic growth. Which is, we've already shown, a delusional fantasy.
Stagnating growth, ever more
trillions of debt, and a
finite amount of depleting net energy all adds up to an unsustainable
mess. With asset price bubbles everywhere and wealth transfer mechanisms
already in place, the end-game involves a very few winners and a lot
of losers.
Anything that is this
unsustainable will someday end. But how? And how should we position ourselves
for it?
In Part 2: The Ka-POOM! Survival Guide, we detail in
depth the most likely progression predicted by the Ka-POOM! model. First, a
punishing crash in prices as natural market forces eventually overwhelm the
Fed's doomed efforts to print the world to prosperity. Think of the 2008 crash, but on steroids.
Then will come the inevitable
response from the central banking cartel: Set the printing machines
on maximum speed! While this may seem to work for a brief while, it will soon
collapse the world's currencies in a hyperinflationary deluge.
This will be a very tricky
time for preserving wealth as things swing violently from disinflation to inflation. Understanding the mechanics and knowing
what to expect will be critical -- not just for safeguarding your money, but
for taking advantage of what will surely be some of the best bargains of our
lifetime.
…
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Quick Economic news
Putting
Global Debt Into Perspective - 13 Stunning Silver Stats What do savings and debt look like, using the
"people’s money"?
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The
Very Strange State Of The Market "Everything's
starting to unravel..."
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The
A.I. Economy: "Why The Market Never Crashes" Never? Real money no longer exists, and the rest of us are trapped inside of a system of debt
slavery, fake news and bad info, and rule by fake money."
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"investors will soon capitulate on their
expectation of upside to 2017 EPS forecasts as they face the reality that the
accretive impact from tax reform will not occur until 2018. In fact, revisions
to consensus EPS forecasts during the past few months have been negative for
both 2017 and 2018'
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Rising production in the Permian, coupled with
cheap pipeline and railway transport fees to the Gulf of Mexico, will enable the U.S. to significantly raise its
already record-high crude oil exports.
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"What do you do? If you take your investment out and stocks go up
another 1,000 [points], you’re going to
be pretty miffed..."
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POLITICS
The battle raging in the Deep State isn't just a bureaucratic battle
- it's a war
for the soul, identity and direction of the nation.
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The
power of the Deep State is even more forbidding - and seemingly invincible -
than anyone knew... The latest
WikiLeaks revelations should be a wake-up call for all of us who want to
preserve what’s left of our constitutionally-guaranteed liberties. Either we slay the monster or it will enslave us.
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In response to the 'paralysis'
facing immigration courts, dealing with over 500,000
pending cases, President Trump is deploying 50
judges to immigration detention facilities across the United States, according to two
sources and a letter seen by Reuters.
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WORLD ISSUES and ME
While the world continues to decipher, or
digest, the new Trump presidency, important
changes are afoot within the grand strategic triangle that lies between Russia, Iran and China.
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GLOBAL RESEARCH
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Syrian
Forces Preparing for Big Move against Al Qaeda and ISIS. Does US Forces come to
Rescue the Terrorists? US invaders
will be hit, of course .. not other way to finish this war.. is S-sovereign right
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SPUTNIK and RT SHOWS
Chinese Commerce Secretary Warns US it 'Can't Live Without China' https://sputniknews.com/asia/201703121051492070-us-cant-live-without-china-zhong/
RELATED
Potential Pakistan Entry in BRICS Via China’s BRICS Plus Leaves India Concerned https://sputniknews.com/world/201703111051472250-china-pakistan-brics/
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Democrats Won't Be Part of 'Illegitimate' Inquiry on Alleged Russian Meddling https://sputniknews.com/us/201703121051492914-democrats-wont-part-russian-investigation/ While the duopoly party exist .. they
will manipulate this stupid anti-Russia charade
Related
Trump could’ve finish this theater by indicting Obama for
droning civilians & other issues but..
Obama Administration Spread Info on Alleged Russian Interference in Elections https://sputniknews.com/world/201703021051182806-us-obama-russia/
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Inspector Gadget: CIA-Infected Smartphones 'Help Spy on Their Hosts' https://sputniknews.com/world/201703111051472387-wikileaks-disclosure-hacking-telephones/
RELATED
CIA Hackers: Why WikiLeaks 'Vault 7' Becomes a Wake-Up Call For Users, IT Giants https://sputniknews.com/politics/201703091051407541-wikileaks-cia-vault7/
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FALSE and bad intentional news..
not evidence at all they can hit our soil
Perhaps our milit base in Japan-China .. They know n we
Know it can start WW3.. det will prevail
North Korea May Be Close to Targeting US With Nuclear Missile https://sputniknews.com/military/201703121051490516-north-korea-us-nuclear-missile/
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RT SHOWS
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Keiser Report
Episode
1043 Max and Stacy discuss
that robots are coming for white-collar jobs.
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WASHINGTON BLOG http://www.washingtonsblog.com/
The March 1 report
by the United Nations’ “Independent International Commission of Inquiry“ asserted
that the bloody attack on a humanitarian aid convoy west of Aleppo City on
Sept. 19, 2016, was an airstrike by Syrian government planes. But an analysis
of the U.N. panel’s report shows that it was based on an account of the attack
from the pro-rebel Syrian “White Helmets” civil defense organization that was
full of internal contradictions.
The U.N. account also was not supported by either the photographic
evidence that the White Helmets provided or by satellite imagery that was
available to the commission, according to independent experts. Further
undermining the U.N. report’s credibility, the White Helmets now acknowledge
that rockets they photographed were not fired from Russian or Syrian planes but
from the ground.
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Posted on March 11, 2017 by Carl Herman
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Posted on March 11, 2017 by Eric Zuesse.
On March 10th, Bernie
Sanders was interviewed by Britain’s Guardian, headlining “Sanders
on Trump and the challenge for the left”, and he said (and this is
just a small sampling):
—
The bad news, the very bad news is that we have a president
who is a pathological liar. I say that not in a partisan way because I have
many conservative friends who I disagree with on every issue who are not liars,
they believe what they believe. But Trump lies all of the time and I think
that is not an accident, there is a reason for that. ⇒ Keep Reading
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NOTICIAS IN SPANISH
El mundo árabe entra en proceso Rev de largo
plazo" C Calvet y
H Kodmani
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Ec Cuando la izq vende su voto a un
banquero Sebastián Vallejo Titulo corregido: A- porque la iz no voto aun y, B- porque
la Iz burocratica de Pdos Com y seudo Marxistas fueron siempre bandas de
arribistas y ultra-corruptos que se acomodaron con uno y otro Gbno para
mantenerse en el senado. No solo en Ec.. los vimos también en Peru, en Brasil,
Arg y otros paises. No son la real Izq. Hacen lo inverso a “sus” principios..
simples farsantes desfasados
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USA
Trump tiene razón, su teléfono fue interceptado Néstor García Eso siempre ocurrió.. desde que nació el deep-state.. Ese no es el
problema político de fondo .. los leaks son el engania-bobos.. el Prob de fondo
son las políticas anti-labor del régimen olig de Trump.. su polit favorece a
banqueros y big corp que lucran con especul financ y guerras fuera.. eso deja
sin futuro a la juventud y todo América. Eso hará mas explosiva la actual
desigualdad y es claro que el fascismo será su único recurso.. si antes el
mismo deep state no lo saca .. o si el pueblo avanza al separatismo del FED por
estados y región..
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La inversión extranjera directa en América
Latina Crismar Lujano
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Nace en Argentina MonedaPar, propuesta de
dinero social Víctor M Rodríguez
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Es hora de la “Rev Comunicacional en Nuestra
América” Patricio Montesinos
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La huelga, ¿un recurso a la baja? Joaquin Juan
Albalate
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"Trump elevará las apuestas en
su desafío a China" China gano guerra en Vietnam y hoy con + razón
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"Renuncien a traer hijos a este
mundo" Alguien lo dijo en el dia de la mujer y el
mismo dia en Costa Rica Nace primera niña con técnica de fecundación in
vitro desde prohibición en el año 2000 por N Boeglin .. Lo que significa que –si ellas quieren- pueden
tener el hijo que quieran y cuando quieran. No necesitan de hombre ni marido
super-machista. Hoy en el US -más del 50%- crían solas a sus hijos.
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Vivimos la más grave crisis
humanitaria desde 1945 Y no es
porque la mujer conquisto mas derechos.
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PRESS TV
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‘US
raid on Yemen is a huge mistake’ drones y bombs on a poor country.. worse than
OB
He is committing war crimes & crimes against humanity.. he
added a + for impeachment
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Trump
is product of US deep state: ah..ah. He accommodate
to DS
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ACLU
sues US govt. over immigrant detention Check : ACLU links to Israel
zionist rulers on Palest
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Israel’s
cooperation with Arab states against Iran & Palestianians
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Resourceful,
but hampered by war Persian gulf countries
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