MAY 30 17 SIT EC y POL
ND denuncia debacle d Globaliz neoliberal y
propone State-Social + Capit-compet in Econ
ZERO HEDGE ECONOMICS
Neoliberal
globalization is over. Financiers know it, they documented with graphics
"...And passive ETFs & margin debt will set it afire..."
LISTEN VIDEO:
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Does depression already start?
In the loudest alarm yet that
the second tech bubble may be about to pop, investors
pulled more than $716 million from the most popular tech ETF - the XLK- last
week, its largest weekly outflow in over a year.
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There
aren’t many left from the generation who experienced the Great Depression, and so for
the overwhelming majority of people especially in the developed world there is simply no
personal frame of reference... but…
http://www.zerohedge.com/news/2017-05-30/real-signs-matter-theres-good-reason-they-call-it-depression
See here big
picture of all graphs below
We don’t live in a perfect world
by any means.
Even with that in mind, however, the
current circumstances are being described as good not set against perfection
but compared only with the worst. Upending that conventional wisdom,
the economy in particularly is always judged from whatever trough rather than more appropriately to any prior
peak. It’s easy to declare things are good compared to 2009, or even early
last year; and it’s
just as meaningless to say so.
Not that long ago it was common
for the third time to hear “interest rates have nowhere to go but up.” And each time that rallying cry of optimism is
sounded the bond market is lower in yield than the last. It is perhaps not the
most prominent and widely followed signal, but it is the most resolute and
clear. The yield curve describes the economy particular the one expected in the
near and intermediate future, and what it says today is unambiguous about the
global state of economic affairs; “something” is
still wrong. Liquidity preferences continue to be the dominant setting.
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We can look to other places to confirm that diagnosis, a plethora of
imperfections that in isolation would be curious oddities but all together
describe a horrific imprint way worse than any single business cycle.
The oil market was one of the chief symptoms of the “rising dollar”, whose
crash in early 2015 was a prominent rejoinder to the mainstream narrative.
While there is a focus again on
the oil price now as it is up from its trough last year, that indication was
not alone the signal for distress. The futures curve went from its
normal backwardation in the summer of 2014 to often unbelievably sharp contango.
Even OPEC, they of the “supply glut” narrative feeding the one about
“transitory”, now
realizes it was always ever demand.
A more esoteric sign of great
imbalance is swap spreads.
The swap spread, the difference between the interest rate
swap price (the fixed leg quote) and the same maturity UST, tells us about
market perceptions of risk in terms of those swap counterparties paying fixed.
Given that hierarchy, a negative swap spread, where the interest rate swap is
priced below the same maturity UST yield, can only be gibberish,
nonsense.
Therefore the nonsense of a
negative swap spread is not purely so but rather meaningful in one vital
respect. What it describes is not the same set of risks one way or
the other but another more sinister one unrelated to comparable credit risks.
Far from being totally
nonsense, the appearance of a negative swap spread tells us that “something” is
wrong deep inside the mathematics of wholesale banking. That
swap spreads might persist as nonsense negative for so long, years even, tell
us that “something” is fundamentally and structurally wrong deep inside the
mathematics of what is the true global money system.
There is actually an economic
equivalent to the negative swap spread, one that at first might be surprising.
Deployed so easily and readily to fit the mainstream idea of an improving
if not healthy economy, the unemployment rate upon
closer inspection demonstrates instead the nature of its sickness.
Like a negative swap
spread then, an extremely low unemployment rate that
produces no wage inflation (at the point it happens let alone across several
years) is similarly meaningful nonsense that points us in the direction of
causation. Unlike swap spreads, the mystery of the unemployment rate
is easily untangled; it applies to the official count of the employed as a
percent of the official count of the labor force. If the latter is not
comprehensive, neither can be the unemployment rate.
Therefore, a rate that signifies
“full employment” but without the inflationary corroboration of that actual
condition is instead describing an economy that shrunk apart from official acknowledgement.
Ever since the mass layoffs
in late 2008, economists have been telling us that those people outside the
labor force don’t matter, at the very least for interpretation. But if you have
to so fool yourself into rejecting what is a matter of pure common sense, then
your position really is nonsense.
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We have interest rates that
don’t go up apart from brief but diminishing bursts despite the Federal
Reserve’s “rate hikes”, an oil futures curve that after three years remains in
contango, an interest rate swap paradigm declaring permanent nonsense, and an
unemployment rate doing the same. None of these are trivial
concerns, instead speaking directly about the real physical world behind the
façade of mainstream description. Improving or healthy are economic qualifiers
that would in the future only start to apply where all these
imbalances have finally dissipated and disappeared for good.
After ten years now we are still
stuck with them, a thoroughly disheartening picture of reality. To be
cute, there is good reason why they used to call it depression.
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Gravity eventually overpowers financial fakery...
The Venezuelan Bolivar is the model of currency collapse: this is not some long-ago history--this is
the present:
See big picture at: http://www.zerohedge.com/news/2017-05-30/how-debt-asset-bubbles-implode-supernova-model-financial-collapse
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POLITICS
La seudo democ y sist duopolico es obsoleto por fraudulento y
corrupto. Urge cambiarlo
"The world is in a very dangerous position... President Donald
Trump’s presidency has been a disaster... America's sleepwalking toward a nuclear nightmare."
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BRACE YOURSELVES
"They'll
say, ah, it's all Trump's fault. No. It wasn’t. 08 and 09 wasn’t Obama’s fault.
It was the fault of the Federal Reserve, it was the fault of the
Keynesian economic model, the spending too much, the deficit. So,
unfortunately, there’s nothing he can do — Trump can't do it."
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The anarchistic spirit behind oligarchical decentralism
A government-jobs
program would only make worse a problem that is, for the most
part, the result of government intervention.
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The US rose to an unprecedented
height in its developing years. In its decline,
that hasn’t merely been diminished - it’s been reversed. Although some Americans do still grasp the
Jeffersonian concept of freedom, the overall thrust of the nation is the
opposite. The US still exists, but America has
departed.
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"They want to explain to themselves and
prove to others that they had nothing to do with it, their policy was
right, they have done everything well, but someone from
the outside cheated them," he continued. "It's
not so. They simply lost, and they must acknowledge it."
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WORLD ISSUES and ME
Global depression is
on…China, RU, Iran search for State socialis+K- compet. D rest in limbo
With the UK elections fast approaching, what
was until recently seen as an almost certain overall majority for Theresa May
is rapidly slipping away, and moments ago according to Sam Coates, the Deputy
Political Editor of the Times, a just released YouGov poll shows that the
Conservatives would miss the number of seats needed for a majority (326) by
roughly 16 seats.
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Just three weeks after
reports first emerged that the Trump administration was considering arming
the Syrian Kurd militia caught in the crossfire between Turkish and Syrian army
forces, NBC
reported that the American military has started shipping weapons and
equipment to the Kurdish fighters of the Syrian Democratic Forces, also known
as YPG, a key US ally on the ground in Syria.
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"...what’s really killed inflation clearly
isn’t the Fed’s monetary policy but the Internet – it’s
the sharing economy, the network economy it’s the uber-deflationary companies
like Uber, Amazon, Airbnb and the
like who have transformed most companies and
most sectors into price takers rather than price makers."
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OPEC’s new strategy to balance the oil market
is to cut oil exports to the U.S., a move intended to drain near-record-high crude oil
inventories.
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DEMOCRACY NOW
US politics crisis:
Trump captured by Deep state to reproduce old cronyism without alter-plan
Did
Trump Campaign Rhetoric Empower the White Extremist Who Killed Two Bystanders
on Portland Train?
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GLOBAL RESEARCH
Global Econ-Pol
crisis leads to more business-wars:
profiteers US-NATO under screen
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Kenneth Surin Can
the Impossible Happen in Britain?
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W. T. Whitney Why
Does the United States Beat Up On Capitalist Russia?
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Patrick Cockburn We
Can’t Let Britain Become a Vast ISIS Recruiting Station
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David L. Glotzer Social
Security: Clearing Up the Financial Nonsense
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Tony Christini What
isn’t Said: Bernie Sanders in 2020
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SPUTNIK and RT SHOWS
The nasty business of
US-NATO-Global-wars uncovered .. pro RU view
Crabs from RUSOFOBIA:
genetically driven to bol…t
Clapper: Russians ‘Genetically Driven’ to Interfere in Elections https://sputniknews.com/politics/201705311054143503-clapper-russians-genetically-driven-manipulators/
Former Director of National
Intelligence James Clapper claimed in an interview that Russians are “almost
genetically driven to” manipulate and infiltrate as an explanation for his
concern about alleged Russian interference into the US presidential election
and alleged ties between Trump senior advisor Jared Kushner and Russian
officials.
"If
you put that in context with everything else we knew the Russians
were doing to interfere with the election, and just the historical
practices of the Russians, who typically, almost genetically, [are] driven
to co-opt, penetrate, gain favor, whatever, which is a typical Russian
technique. So we were concerned."
RELATED 1
No Proof: Clapper, Yates Offer No Evidence of Russian Election Meddling
https://sputniknews.com/us/201705091053399602-clapper-yates-testify-russian-senate-hearing/
Sally
Yates, the former acting Attorney General of the Trump administration, and
Deputy Attorney General under former President Barack Obama, testified on
Wednesday at a hearing on alleged Russian meddling in the US presidential
election -- accusations for which no US official has come up with concrete
proof.
2010
Dems lost the House
2014
Dems lost the Senate
2016
Dems lost the White House
2017
Dems lost ability to reason
“IT IS
NOT RUSSIA… IT’S YOU
RELATED 2
Spying on Trump: CIA Whistleblower Points Finger at Clapper, Brennan, Comey https://sputniknews.com/politics/201703241051925522-trump-cia-surveillance-obama/
The
letter of Freedom Watch's Larry Klayman to the House Intelligence Committee
disclosed that over the years the US intelligence community gathered
surveillance on prominent Americans, including Donald Trump. Wall Street
analyst Charles Ortel told Sputnik what implications the recent disclosure may
have on former Obama officials.
Devin Nunes and Trump
Wiretapping Scandal
Finally,
I want to be clear, none of this surveillance was related
to Russia or the investigation of Russian activities or of the
Trump team," Nunes said.
RELATED 3
House of Cards: Is Assange Right About Hillary Clinton's Plot Against Trump? https://sputniknews.com/politics/201703171051695492-assange-trump-pence-clinton/
Julian
Assange's statement that Hillary Clinton is secretly plotting "a Mike
Pence takeover" in the Oval Office together with US intelligence officials
has stirred a heated debate. Wall Street analyst Charles Ortel
"I would like to think that the 'House of Cards' scenario
suggested by Assange and others is far from viable, though I have no
doubt that many establishment players in Democrat and Republican parties,
in the media, in academia, and in government bureaucracies would
be delighted to oust President Trump, one way or another,"
Ortel told Sputnik.
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MORE on the
profiteers of war
1-
US Manufacturer Wins $98Mln to Build Gears for Aegis-Guided Destroyers https://sputniknews.com/military/201705311054144179-usa-gives-millions-aegis-gears/
The
Department of Defense said that Philadelphia Gear has received an almost $100
million US Navy contract to manufacture three sets of Main Reduction Gears.
RELATED
Lockheed Martin Wins $20Mln to Research New Aegis Missile Defense Concepts https://sputniknews.com/military/201705201053802637-lockheed-millions-aegis-missiles/
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US to Upgrade Refueling Facilities at Base in British Indian Ocean Territory https://sputniknews.com/military/201705311054144132-usa-upgrade-refuelling/
The
Department of Defense said that a K-Guam construction joint venture won almost
$27 million to expand US refueling capabilities for ships at the United
Kingdom- sovereignty Diego Garcia base in the Indian Ocean.
RELATED
US Counts on New Air Refueling Tankers – General https://sputniknews.com/military/201705021053213037-us-air-refueling-tankers/
The
scheduled delivery of 179 next generation aerial tankers is critical for the
air campaign in the Middle East and Afghanistan, as well as other theaters, the
Commander of US Transportation Command Gen. Darren McDew told Congress on
Tuesday.
CONCLUSION
Washington Is the Real Threat to Peace on the Korean Peninsula
The
current crisis on the Korean Peninsula is the product of a militarized state,
led by an unpredictable and capricious leader, which cannot be trusted with
nuclear weapons. That militarized state is of course the United States, and
that unstable and capricious leader is Donald Trump.
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EUROPE inside the big clown pocket
More Ears, More Eyes, More Info: US to Spy More in Europe? https://sputniknews.com/europe/201705301054116215-us-europe-intelligence/
The US
government is looking for a private contractor ready to provide intelligence
technical support services throughout the US Army Europe area of
responsibility, which includes Central Europe, Eastern Europe, and Africa.
Sputnik considers whether this means that the US is going to be upping its spy
game.
"This
requirement is for US Army Europe/7th Army for a non-personal
services contract for intelligence technical support services (ITSS) throughout the
US Army Europe (USAREUR) Area of Responsibility (AOR) which includes
but is not limited to Central Europe, Eastern Europe, and
Africa," says the
description.
RELATED
US Intelligence Chalks Up Declining Influence in Europe to 'Russian Spies' https://sputniknews.com/politics/201601171033291356-us-intelligence-europe-russia-paranoia/
American
intelligence is set to conduct a "major investigation" into the
Kremlin's 'infiltration' of European political parties, The Telegraph reports.
"Right
across the EU we are seeing alarming evidence of Russian efforts
to unpick the fabric of European unity on a whole range
of vital strategic issues," the source said.
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RT SHOWS
On
contact The
Fragility of Empire with Wallace Shawn
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Keiser Report Episode
1077 Max and Stacy
discuss ‘NIRP refugees’ and in the 2nd half Max continues his
interview with Craig Hemke
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NOTICIAS IN SPANISH
Latino America fight
to break with collapsing Empire: leftist
view on alternatives
MX. María de Jesús Patricio electa
candidata indígena presidencial
“No vamos por votos, nuestra pelea es por la vida” Elio Henríquez
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Portugal socialista conquista Bruselas Alexandre Mato
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Recocinados por el calor: sin
consenso en el G7 Divididos por el
calentamiento global
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Globalizaciones hubo varias.. La Glob
neoliberal o imperialista.. si puede morir esta vez.
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Cuán fácil es opinar para resguardar
lo propio y despedazar lo ajeno La cultura del verbo
Carolina Vásquez.. Desmontar viejos dogmas y mitos nos es fácil.. el triunfo de la razón es Rev
Carolina Vásquez.. Desmontar viejos dogmas y mitos nos es fácil.. el triunfo de la razón es Rev
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Presiones empresariales al sistema de justicia en Guatemala Andrés Cabanas . Puedes cerrar filas y espacios abajo.. pero
es arriba en el establishment o deep state que se cocinan las injusticias.
Mandar abajo el sistema requiere abrir puertas, generar frentes y claridad en
el sistema alternativo.
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Perú: Decreto Legislativo N° 1333 Cálculos políticos,
promoción de inversión y derechos de pueblos indígenas Luis Hallazi
[[ La gran empresa privada es disfuncional a nivel global: eso
alienta la desigualdad de clases y regiones para beneficio de oligopolios
foráneos. Solo la mediana empresa es funcional si une empresarios pequeños, y
comunidades existentes a nivel cooperativo. Nuestra estrategia fue y es opuesta
al minifundio y el reparto negro de tierras comunales, que fue lo que impulso
Sendero en Perú. Tomaron tierras SAIS y CAP y las repartían, sabiendo que el
campesino no podía quedarse en ellas pues el ejército venia y barría a sangre y
fuego con los que hicieron tal azaña. Muchos campesinos fueron asi obligados a
irse con SL si querían sobrevivir. Esa fue la esencia de la táctica y
estrategia de guerra de SL: crear su propio ejército. La historia muestra que eso
estuvo condenado al fracaso desde la partida. A quienes impulsábamos la toma de
tierras –sin violencia- para instalar control Coop comunal de la empresa, nos
consideraron enemigos mortales de SL. A mí me colocaron un perro muerto en la
puerta de mi casa como señal de que me iban a ejecutar. Me obligaron a aliarme
con MRTA y quemamos un perro en señal de que habría respuesta si me tocaban a
mi o uno de mis hijos o mi esposa. No solo eso, les allanamos la vivienda que
ocupaban ilícitamente en la Univ y todo el arsenal que encontramos se lo llevo
MRTA (evitamos que entre el Ejercito y la marina que ya avisaron al Rector de
la Univ que SL usaba viviendas y tenían armas dentro de esos dormitorios que
eran para estud sin recursos Econ.) Simplemente evitamos que ingresen los militares a la Univ
y asesinen estudiantes. Desde entonces Sayari (el boletín que publicábamos
quincenalmente ) se difundió aún más. Allí dejamos claro por qué crear empresas
coop en lugar del reparto negro de tierras tomadas por Sendero. Los comuneros
sacaron a los falsos empresarios de la CAP y SAIS, mediante asamblea. Jamás
murió un campesino en estos encuentros. Me eligieron asesor de la Fed Agraria
que creo el Gbno con su falsa Ref Agraria, y nos fuimos hacia todo el Sur con
una Convención Nacional que unió mas de 5 mil campesinos. Sendero tuvo que
retirarse de la zona sur en plena guerra interna (1985) cuando aún no habían sido derrotados a
nivel nacional. La nuestra fue su 1ra derrota en el Sur del Peru. (Quizá la 1ra
fue la de Mezich en Andahuaylas, en el
Centro, en la misma época ). Pero tuve que huir de la zona. Los militares me
acusaron de estar creando la base econ de sendero. Antes de navidad nos darían
el golpe y antes de navidad todos los que trabajábamos con Teología de la Liberación
salimos de la zona (la mayoría a Bolivia). Apliqué como Prof de la UNTA a dos
becas –Francia y EEUU- y las dos me salieron. Elegí el US y aquí me quedé. Soy
socialista, de Teología de la Liberación y aun creo en el Coop y en las
medianas empresas como solución a la concentración de poder Ec y Pol neoliberal.
Más que religioso de Teol de la Lib soy panteísta. Creo en el Inti, el dios sol
y en la madre tierra (la pachamama). Para mí la naturaleza tiene sus propias
leyes, su propia dinámica y con el neoliberalismo imperial la estamos
asesinando todos los días. Peor aún si iniciamos el WW3: el final de la
historia en el Norte. ]]
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VEN Los
sepultureros de la “izquierda” latinoamericana (II)
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[[ Falso. 1ro dijo Japon que cayo cerca de su mar,
luego dentro de la zona y recientemente que afecto la economía de Japón. Hay
manipulación guerrerista del tema a partir de un mapa sobre el cual jamás hubo
acuerdo común. Lo que quiere Japón es que el US lo proteja y no de N-K pero si de los Chinos con quien tiene líos
hoy. Lo que quiere el US es destruir el avance de La ruta de Seda que esta
uniendo los asiáticos pa Des Econ.]]
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PRESS TV
Global situation
described by Iranian observers.. Titles distorted n incomplete sentences
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