JUN 17 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
"Nothing shocks this market... Nothing rocks it... Nothing
socks it to it... Nothing does... that is, until something does."
Don’t Be Fooled by These Calm
Markets
What is happening in the world of
money? Well – the most striking thing is: nothing.
It doesn’t seem to matter what happens. Dysfunction in
Washington. Meltdown of the techs. No matter how rough the seas get, the
markets glide along… scarcely noticing the storm-tossed waves below.
Remember “The Great Moderation”?
That was the title of a speech then-Fed Chairman Ben Bernanke gave in 2004. Thanks to such able guidance by the Fed, he implied,
the world’s financial system was calm, stable, and safe:
“One of the most striking
features of the economic landscape over the past 20 years or so has been a
substantial decline in macroeconomic volatility…
Several writers on the topic
have dubbed this remarkable decline in the variability of both output and
inflation “the Great Moderation.” Similar declines in the volatility of output
and inflation occurred at about the same time in other major industrial
countries, with the recent exception of Japan, a country that has faced a
distinctive set of economic problems in the past decade.
Reduced macroeconomic
volatility has numerous benefits.”
See
picture above or get a big picture at http://www.acting-man.com/blog/media/2017/06/4175878-federal-reserve-bank-cartoon.jpg OR
http://www.zerohedge.com/news/2017-06-17/wtf-chart-day-mapping-jihadi-arrests-across-europe
Volatility is back down to
brain-dead levels. The news hath no sting. Bloomberg:
“U.S. stocks snapped a two-day slide to close at fresh
records as technology shares rebounded from the worst drop of the year…
Treasuries were steady as the Federal Reserve policy meeting kicked off.”
Nothing shocks this market.
Nothing rocks it. Nothing socks it to it.
Nothing does – that
is, until something does.
…
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"...while wealth inequality in the rest of the world is simply accelerating,
in America, it’s gone into overdrive. Right now, 63 percent of America’s
private wealth in the hands of U.S. millionaires and billionaires, BCG said. By 2021, their share of the nation’s wealth
will rise to an estimated 70 percent."
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"...even more egregious than the
misinformation is the complete
inappropriateness for the media to praise economic 'strength' while ignoring
the role of debt in bringing about the growth being celebrated. If the 'prosperity'
is simply due to a drunken debt-binge, it should be criticized, not lauded."
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"The American people are being brought to ruin by three institutions that
are mortal threats to liberty and prosperity. To wit, the Federal
Reserve, the military/industrial/surveillance complex and a sinecured Congress
that is burying unborn generations in debt -- even as it sanctimoniously presumes that it is doing god's work by servicing the beltway racketeers who keep it
perpetually in office..."
The fact is, when there are no
new breadwinner jobs, there is no gain in living standards or real prosperity.
Indeed, Janet Yellen is lost in a Keynesian puzzle palace -- and that is
extremely bad news for the casino punters who still refuse to acknowledge the
obvious.
RELATED 1:
"Persistence
of low volatility causes misallocation of capital. This is how complacency
leads to buildup of risk – it is the avalanche waiting to happen."
RELATED 2
First it was Citi's Hans
Lorenzen warning about the threat to growth and global risk assets as a
result of the upcoming slowdown in global central bank balance sheet growth.
Then, yesterday, it was Matt
King's turn to caution that "the Fed’s hawkishness this week adds to
the likelihood that in markets a significant un-balancing (or perhaps that
should be re-balancing?) is coming."
That said, with both the ECB and BOJ injecting hundreds
of billions each month - even as they are set to run ouf of "haven
assets" in the coming year, there is still
time before the global central bank balance sheet "tipping point" is
reached and assets roll over...
Source: http://www.zerohedge.com/news/2017-06-17/next-leg-clearly-lower-global-excess-liquidity-collapses
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POLITICS
La seudo democ y sist duopolico es obsoleto por fraudulento y
corrupto. Urge cambiarlo
IF the soft coup against
Trump succeeds, it might not matter, since then America could not be considered a
self-governing constitutional republic even in a residual sense. We may have already passed our own Rubicon
and just don’t know it yet."
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After the Senate overwhelmingly passed
a bill to implement new sanctions against Russia over "interference in
the 2016 U.S. elections" and curbs President Trump’s power to ease
penalties against Moscow in the future - without consultations with US allies
in Europe - President Trump has found himself
cornered in what appears to be a lose-lose position.
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Carmen Clark, a six-year Whole Foods employee said some workers worry
that Amazon-led automation could lead to job cuts. "Everybody's been kind of joking that it's
going to be robots and drones." Sadly
for Carmen and her co-workers, it's not a joke.
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WHAT IS THE PROLIFIC BUSINESS WE HAVE IN AFGHANISTAN?..
With the Pentagon today backing away from media reports that they’d settled on a
figure of 4,000 more troops, influential retired Gen. Jack Keane
suggests that the US needed to send up
to 20,000 more ground troops if they wanted to win the war. But is this war
"winnable"?
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Keep this data in your file .. you know the whys..
Late on Friday, the U.S. Office of Government Ethics released
a 98-page financial disclosure form according
to which President Trump reported income of at least
$594 million for the period from 2016 and through April 2017 and assets worth
at least $1.4 billion; he also had personal liabilities of at least $315.6 million
as of mid-2017.
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In cased you miss it
"This is the most coordinated communications effort on behalf of the president that
we’ve seen in a long time... They need it - it’s tough to fight nameless, faceless quotes
from people purposefully twisting these stories on you..."
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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
The
boost in foreign reserves Venezuela enjoyed after Goldman Sachs
investment arm picked up $2.8 billion of bonds from the state
oil company is almost gone.
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GLOBAL RESEARCH
Global Econ-Pol crisis
leads to more business-wars: profiteers
US-NATO under screen
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Why
Mainstream Media Represents the View of Billionaires … Instead of Average
Americans By Washington's Blog,
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SPUTNIK and RT SHOWS
The nasty business of
US-NATO-Global-wars uncovered .. pro RU view
Provocations started
by US with the Thaat missiles never requested by SK, TAKE THEM OUT!
NK will detroy US
destroyers in the area and US-NATO barracks.. elsewhere. Just get out asap!
And stop talking in
the name of SEUL! .. that is stupid
Seoul May Scale Back Joint Exercises With US if Pyongyang Gives Up Provocations https://sputniknews.com/asia/201706181054732446-seoul-pyongyang-nuclear-exercise/
A
special adviser to South Korean President Moon Jae-in said on Friday that if
Pyongyang freezes its nuclear and missile development activities, Seoul in
return may scale back its annual joint military exercises with the US.
Moon
said in a speech marking the 17th anniversary of the first
inter-Korean summit that the South is ready to recognize Kim Jong-un
as the North Korean leader, and is open to dialogue
"If North Korea suspends
its nuclear and missile activities, then we may consult with the United
States [on] scaling down ROK-US joint exercises and training," Moon
Chung-in, presidential adviser on unification, diplomacy and security,
said at a Woodrow Wilson Center seminar in Washington.
"I think what [President
Moon] has in mind is we may scale down deployment of American
strategic weapons over the Korean Peninsula."
RELATED
China knew they are
the real targets of this provocation.. and they insist in peace-negotiotion N-S
Play Nice: China Encourages North and South Korea to Reconcile https://sputniknews.com/asia/201706171054714338-china-encourages-korean-harmony-talks/
China
Friday welcomed positive signals from the Democratic People's Republic of Korea
(DPRK) and the Republic of Korea (ROK).
Moon made the remarks at an
event to celebrate the 17th anniversary of North-South Joint
Declaration on June 15.
The Committee for Peaceful Reunification
of the Country of the DPRK Wednesday released a statement, which
clarified three principles on the development of the north-south
relations and the issue of national reunification.
"We are aware
of the situation," said Lu, hoping that the two sides will continue
to show goodwill towards each other and commit to reconciliation
and cooperation.
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Lavrov to Hold Talks With Chinese Counterpart on BRICS Meeting Sidelines https://sputniknews.com/politics/201706181054733355-lavrov-talks-chinese-counterpart-bricks/
A source
in the Russian delegation said that Sergey Lavrov will hold talks with his
Chinese counterpart Wang Yi in Beijing.
Lavrov
has arrived in Beijing to participate in the meeting of the
foreign ministers of the BRICS countries. During a two-day meeting the
ministers are set discuss the settlement of major conflicts, including
in the Middle East and Africa, as well as countering threat
of the international terrorism.
RELATED 1
Young China-Russia Aviation Venture Has Global Ambitions https://sputniknews.com/asia/201706101054501971-china-russia-aviation-venture-ambitions/
Russia and China have formed the
China-Russia Commercial Aircraft International Co (Craic) to produce a
twin-aisle airliner that is seeking to break the dominance of Airbus' A380 and
the Boeing Dreamliner. This is a monumental task.
The new partnership is not shy
about its intentions. Commercial Aircraft Corp of China (COMAC) and
Russia's United Aircraft Corp want their new, as yet unnamed aircraft,
to compete with the most successful passenger planes in existence.
Aware of its
late entry into the race, Craic is looking to cut costs
to compete. COMAC's assistant president, Guo Bozhi, has said that the new
plane will have 10 percent lower operating costs along with an
"advanced aerodynamic design" and "engines with low fuel
burn." This might be encouraging if Boeing and Airbus did not pour
billions into R&D of their own. A glance at Airbus'
technology plans for the future turns up faster braking, low-noise,
free glide approaches, using big data to streamline maintenance.
READ MORE:
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Colombia's ELN Armed Group Denies Involvement in Bogota Shopping Center Blast https://sputniknews.com/latam/201706181054733277-colombia-eln-denies-explosion/
MOSCOW (Sputnik) —
Colombia's National Liberation Army (ELN), the country's second largest armed
group, has denied its involvement in the recent explosion at the
Centro Andino shopping center in Bogota.
"The ELN never would
have never carried out actions directed against the civilian
population," the group wrote on Twitter.
The guerrilla movement condemned the attack and
called on the government to conduct a thorough investigation
to identify those responsible.
The ELN is the second largest armed group
after the Revolutionary Armed Forces of Colombia (FARC), estimated
to have between 1,500 and 3,000 fighters. The United States considers
it a terrorist organization.
On February 8, the Colombian government and the
ELN started peace talks, while the agreement to begin the dialogue was
reached in mid-January.
In early April, Bogota and the ELN insurgents
agreed to carry out humanitarian mine clearing operations
following the first round of peace talks in Ecuador.
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RT SHOWS
Keiser Report
Episode 1085 Max and Stacy discuss the generational gap
striking again - this time in the UK - and what this gap means for politics and
economics going forward.
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NOTICIAS IN SPANISH
Latino America fight
to break with collapsing Empire: leftist
view on alternatives
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La Casa Blanca en venta: dinero y
corrupción en la era Trump A
Goodman y Ds Moynihan
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Keiser
Report 1085 "La comunidad cubanoamericana
tomó como rehén la política de Washington hacia La Habana"
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PRESS TV
Global situation
described by Iranian observers.. Titles distorted n incomplete sentences
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