JUN 29 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
Moments
ago the BEA released its third estimate of GDP, according to which Q1 GDP rose
by 1.4% in the quarter, above the second estimate of 1.2%, and double the
initial estimate of 0.7%. And while economy grew more than expected, a red flag
emerged in corporate profits, which decreased 2.3% in the first quarter of 2017
after increasing 0.5% in Q4.
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".. the entire global macro trade continues to hinge on the perceived ‘binary’
direction of ‘inflation’ (‘reflation’ vs ‘disinflation’
debate)..."
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What
problems are we solving by increasing systemic complexity? What
problems are we exacerbating by adding systemic complexity? We'll know the
answer when systems start breaking down and a stark choice between destroying
the purchasing power of our currency or insolvency presents itself.
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Here is why Janet Yellen is wrong in believing another “Financial Crisis”
can’t occur.
Here is why Janet Yellen is wrong in believing another “Financial
Crisis” can’t occur.
Catalyst 1:
Delinquency & Defaults
We are already seeing the early warning signs with
delinquency rates rising and commercial lending on the decline in both consumer
and commercial and industrial loans.
Of course, this also includes the credit problems of the
collapse in Commercial Real Estate which is grossly leveraged at a time when
prices have begun to stagnate with an oversupply of inventory sitting on the
ground.
See all the analysis n pictures at:
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FANG Stocks were ugly and while banks gave up their gains
early, buyers appeared as they hit unchanged...
The Dollar Index is down 6 days of the last 7... to its
lowest close since Oct 2016
…
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"today’s selling is nearly as broad
as yesterday’s buying..."
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CBO estimates that without an increase in the
debt limit, the Treasury, by using all available extraordinary measures, would
most likely be able to continue borrowing and have sufficient cash to make its
usual payments until early to mid-October of this year.
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Given
the low starting point of the VIX, these strategies are at risk of catastrophic
losses... One scenario would be of e.g. VIX increasing from ~10 to ~15,
followed by a collapse in liquidity given the market’s knowledge that certain
structures need to cover short positions.
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The last
few days have seen the biggest outflows from S&P 'growth' ETFs on record,
and as Deutsche Bank AG’s chief global strategist, Binky Chadha, notes the
cheapest U.S. stocks relative to earnings, sales and assets are poised to turn
the tables on faster-growing peers...
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"If you really want to pour cold water
on all this optimism, consider the
dangerousness of the thought that because of all the great things
that have been done, it’s unlikely there will be another global financial
crisis in our lifetime. If this is a view that is circulating behind the closed doors of central
bank meetings and forums, we’re in a lot of trouble."
RELATED:
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More
often than not, vendors were charging different prices for the same item on a given day...
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POLITICS
La seudo democ y sist duopolico es obsoleto por fraudulento y
corrupto. Urge cambiarlo
Just like Illinois (and 14 other states), Connecticut faces a Friday day of reckoning: the
state has yet to pass a fiscal 2018 budget by the June 30 deadline.
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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
In a speech to lawmakers in Germany’s lower house of parliament on
Thursday, Merkel said that “the world has become less united” and acknowledged
that discussions at the G-20 meeting in Hamburg on July 7-8 “will be very
difficult.” Quoted by Bloomberg,
Merkel said that “the discord is
obvious and it would be dishonest to paper over the conflict."
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In Q1 2017, global debt hit a new all time high
of $217 trillion, or over 327% of global GDP, up $50 trillion over the past
decade according to the latest IIF analysis.
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1. ECB liberation
2. Fed zombification
3. Global co-ordination
2. Fed zombification
3. Global co-ordination
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In an unprecedented step, the Treasury
Department slapped financial sanctions on two Chinese nationals and a Chinese
shipping company over their ties to North Korea stemming from its nuclear
program, according
to Reuters.
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Over the past two years, Qatar has conducted over $86 billion worth of transactions in Chinese
Yuan and has signed other agreements with
China that encourage further economic cooperation.
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DEMOCRACY NOW
US politics crisis:
Trump captured by Deep state to reproduce old cronyism without alter-plan
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Republicans
Have Trifecta Control of 25 States & Need 6 More to Call for a Constitutional
Convention
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COUNTER PUNCH
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Chuck Collins What
Happened to America’s Wealth? The Rich Hid It
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Bill Willers The
Next World War Won’t Just Be “Over There”
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SPUTNIK and RT SHOWS
The nasty business of
US-NATO-Global-wars uncovered .. pro RU view
FINALLY both realize that Elephants fight will kill the grass
root and the elephants too.
PUTIN, TRUMP WILL MEET AT G-20 SUMMIT
on JULY 7-8
US
President Donald Trump will meet with Russian President Vladimir Putin for the
first time on the sidelines of the G-20 summit in Hamburg, Germany in July,
National Security Advisor H.R. McMaster told reporters on Thursday.
It would be an incredible thing to be a
fly on the wall during the meeting. Mainstream media outlets have
blasted Trump for "colluding" with Russia during the 2016
election campaign. A producer at CNN, one of the biggest media
outlets to continuously press Trump-Putin links, recently confessed the
narrative was probably "bullsh*t."
….
MY OPINION:
Both US-RU must set
GREATEST agenda for all: This requires to “kill
the evil love for war” asap. That is, dismantle the Nuke-heads at top
level 1st: US-RU, UK, France, Pakistan, India, Israel, Saudis and Iran (if have
it). 2nd, disassemble NATO military power surrounding RU-China. Otherwise,
these countries has the right to place their nuke-missiles in front of the US
too. The summit in Hamburg should nominate the International Committee n time-table
to supervise these tasks, avoiding the mistakes of previous effort in this
direction. If these nations do not go to the 1st or “core”
problem, the summit in Hamburg will be
another "bullsh*t." Of course nobody expect the US and EU
nation (big-Corp) making now huge business with “nuke-terrorism” will suddenly
abandoned those profits.. They will propose instead a piece meal process which
causes the failure before. Such fakeness should be not tolerated. First
you disarm the armed ones and then come the piece meal process of bringing
economic security n protection for all productive investors (excluding the terror business of big corp). The aim is to
build a peaceful multi-polar system and eliminate the biases of neoliberal
globalism that is creating explosive inequality world-wide. No more economics
based on military supremacism. A new world order without wars is
urgently need it. If top leaders of the world do
not address this issue, poor nations and soldiers of the world will eliminate
owners of the current system. Hugo Adan. June 29-17
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RUSSIA DOUBTS PUTIN-TRUMP TALKS WOULD HELP DEFUSE SITUATION WITH NATO https://sputniknews.com/politics/201706271055004728-putin-trump-talks-nato-situation/
Moscow doubts that a possible
meeting of Russian and US presidents, Vladimir Putin and Donald Trump,
respectively, will help defuse the situation between Russia and NATO due to
many contradictions between Moscow and the bloc, the head of the Russian
Foreign Ministry's European Cooperation Department said Tuesday.
VIENNA (Sputnik) – Kremlin spokesman Dmitry Peskov said
Monday that there were no specific developments yet on the format
of Russian President Vladimir Putin's meeting with US President Donald Trump at the G20 summit next month.
"Many contradictions and
lack of mutual
understanding has
piled up between Russia and the bloc, so clearing the backlog created
in these years is a rather long process. So even if some issues will be
discussed at a high level between the countries, they will most
likely concern crisis situations such as Syria and North Korea," Andrey Kelin told reporters when asked whether the talks
could defuse the situation between Russia and NATO.
Earlier, both Russian and US administrations said that the
two leaders might meet on the sidelines of G20, however, no
confirmation of such a meeting has been announced. The G20 summit
will be held in the German city of Hamburg on July 7-8.
When commenting on the prospects of the meeting,
Russian Foreign Minister Sergei Lavrov
previously said that it "will undoubtedly be expected
to deliver specific results."
Military-to-military
dialogue? within the NATO-Russia Council
needs to be restored to alleviate tensions
in Europe, Kelin added. [ Our life can’t be in the hands of idiots, That is "bullsh*t." ]
Andrey Kelin pointed at the OSCE Annual Security Review
Conference in Vienna to US military deployment and the doubling
of NATO exercises in Europe, in addition to missile
defense-building.
Russia will respond to the North Atlantic Treaty
Organization's (NATO) with future reinforcement on its borders, the head
of the Russian Foreign Ministry's Department of European Cooperation
said.
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BLAH-BLAH on
PEACE and FACTS ON WAR: war diplomacy aimed to
intimidate RU
Multinational Brigade in Romania Activated as NATO Military Body https://sputniknews.com/europe/201706301055099708-nato-romania-activated/
Jens Stoltenberg said that
Romania's multinational brigade was activated as a NATO military body this
week. Secretary General of the
North Atlantic Treaty Organization Jens Stoltenberg said Thursday.
"Our presence
in the Black Sea region is also developing. Early this week, the
headquarters of our multinational brigade South-East in Romania was
activated as NATO military body," Stoltenberg
told journalists.
The brigade is currently
conducting exercises, while UK jets are patrolling region's skies, he added.
RELATED 1
US, Japanese, South Korean Leaders to Hold Trilateral Talks on Eve of G20 Summit https://sputniknews.com/politics/201706301055100960-usa-japan-korea-talk-g20/
Donald
Trump, Moon Jae-in and Shinzo Abe will hold talks next Thursday ahead of the
G20 Summit, according to sources.
MOSCOW
(Sputnik) — US President Donald Trump, South Korean President Moon Jae-in
and Japanese Prime Minister Shinzo Abe will hold talks next Thursday ahead
of the G20 Summit, sources told Korean media.
The
three leaders will discuss North Korea’s nuclear program over a dinner
in the port city of Hamburg, which will host a summit of heads
of state and government from 20 major industrial nations on July
7-8.
The
White House announced earlier this month that President Moon will fly
to the United States on June 29-30 to meet President Trump
to discuss the threat posed by North Korea and trade issues.
RELATED 2
US Missile Defense Launch 'Spectacle' for Japan, S Korea https://sputniknews.com/us/201705311054160116-us-missile-defense-launch/
On Tuesday, the United States
successfully tested its intercontinental ballistic missile interceptor system.
According to military expert Alexander Zhilin, the test was a demonstrative
gesture.
During the tests, an ICBM-class
target was launched from the Raegan Test Site in the Republic
of the Marshall Islands. A ground-based intercepting missile was fired
from an air force base in California. According to the
statement, the target was hit and destroyed as a result of a
"direct collision."
The test marks the first time the
GMD has been used against an ICBM-class target. All previous launches have
been against intermediate-range ballistic missile targets.
"Initial indications are
that the test met its primary objective, but program officials will
continue to evaluate system performance based upon telemetry and
other data obtained during the test," the
statement added.
The GMD is a major component
of the United States’ missile defense system, aimed at intercepting
incoming warheads in space, during the midcourse phase of their
ballistic trajectory flight. Currently, 30 intercepting missile are deployed
in Alaska and California. An additional 15 missiles are planned to be
deployed in 2017.
The test came two days
after another ballistic missile launch by North Korea. In response
to an increase in Pyongyang’s military activities, Washington
has recently been ramping up its presence in the region, including
the THAAD deployment in South Korea.
RU OPINION: business and mere dreams
In an interview with Radio
Sputnik, Alexander Zhilin, head of the Center for Social Aspects
of National Security, suggested that the US conducted a
"demonstrative" test.
"As
the Pentagon reported a missile targeted was successfully destroyed in a
direct collision. In fact, this was a typical training launch, routine
for the strategic forces. There’s nothing new about it," Zhilin
said.
According to him, this
entire "spectacle" was staged for taxpayers
and to convince South Korea and Japan
to pay to the US for protection from North Korea.
"The missile defense
system was notified about the launch. The target was acquired
in advance and the flight trajectory was known. Thus, the successful
result of this show was guaranteed," the
expert concluded.
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MORE DREAMS
UKRAINIAN DAYDREAMS: WHY KIEV'S PLANS FOR CRIMEA ARE DOOMED TO FLOP https://sputniknews.com/world/201706291055085599-ukraine-poroshenko-crimea-status-constitution/
In an
interview with Sputnik, Vladislav Ganzhara, a member of Crimea's State Council,
commented on Ukrainian President Petro Poroshenko's push to change the status
of Crimea in the Ukrainian constitution.
Petro
Poroshenko had instructed the constitutional commission to prepare a draft
of changes regarding the status of Crimea.
He said
that the commission is actively working on the tenth section of the
Constitution, where the status of the "Autonomous Republic
of Crimea" is described.
Kiev has
repeatedly insisted that the
Crimean Peninsula should again become part of Ukraine,
with Poroshenko saying that Ukrainian flags "will soon flutter
proudly in free Crimea."
In an interview
with Sputnik, Vladislav Ganzhara, a member of Crimea's State Council,
did not rule out that Kiev will undertake another aggressive campaign
against Crimea in the near future.
"One cannot
but agree with the fact that the constitution of Ukraine has
become obsolete. Three years ago, Crimea left Ukraine's legal realm and today
it is an integral part of the Russian Federation. As for the plans
of the Kiev regime and its leadership, I think we will soon see another
aggressive move against our republic," he
said.
Ganzhara did not exclude that
Crimea can be called a "temporarily occupied territory" and that Kiev
may start to flirt with the leaders of radical organizations
banned in Russia who demand that Crimea should be mentioned as an
autonomous nation in the Ukrainian constitution.
"We will not see Crimea's
exception from the constitution of Ukraine; instead we will witness a
new formulation," he said, referring to the
current aggressive rhetoric from Kiev.
"But we understand that
no such actions [by Kiev] will change the real situation.
Ukrainian flags [in Crimea] will only be flown in the
imagination of Ukrainian politicians. Because the Crimeans made a
choice for themselves. For us, the arguments of the Ukrainian side do
not matter," Ganzhara concluded.
READ MORE ON THIS ISSUE:
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RT SHOWS
Worlds Apart
Arrogance
of ignorance She ignored that T is now
worse choice of Deep St
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Keiser Report
Episode
1090 Max and Stacy they
discuss ‘Molar City’ - the place in Mex that offer ‘dental for US refugees’ who
can’t pay this service in America
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WASHINGTON BLOG
Flash points on US
politics: internal contradict.. Hugh Smith good articles reproduced
Posted on June 29, 2017 by Charles
Hugh Smith
Everyone who wants to reduce wealth and income inequality
with more regulations and taxes is missing the key dynamic: central banks’ monopoly on creating and issuing money widens
wealth inequality, as those with access to newly issued money
can always outbid the rest of us to buy the engines of wealth creation.
History informs us that rising wealth and income inequality
generate social disorder.
Access to low-cost credit issued
by central banks creates financial and political power. Those with
access to low-cost credit have a monopoly as valuable as the one to create
money.
I explain why in my book A
Radically Beneficial World: Automation, Technology and Creating Jobs for All.
Compare the limited power of an
individual with cash and the enormous power of unlimited cheap credit.
Let’s say an individual has saved $100,000 in cash. He keeps
the money in the bank, which pays him less than 1% interest. Rather than earn
this low rate, he decides to loan the cash to an individual who wants to buy a
rental home at 4% interest.
There’s a tradeoff to earn this higher rate of interest: the
saver has to accept the risk that the borrower might default on the loan, and
that the home will not be worth the $100,000 the borrower owes.
⇒ Keep Reading
⇒ Keep Reading
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Posted on June 29, 2017 by Charles
Hugh Smith
While the corporate media devotes itself to sports,
entertainment, dining out and the latest political kerfuffle, America has
become the Over-Criminalization Capital of the World. The
proliferation of laws and administrative regulations, federal, state and local,
that carry criminal penalties has swollen into the tens of thousands.
The number of incarcerated Americans exceeds 2.3 million,
with the majority being non-violent offenders–often for War on Drugs offenses.
Holly Harris has written an
important summary of this profoundly destabilizing trend: The
Prisoner Dilemma: Ending America’s Incarceration Epidemic (Foreign
Affairs, registration required).
The over-criminalization of
America is a relatively recent trend. As Harris notes:
It wasn’t always like this. In 1972, for every 100,000
U.S. residents, 161 were incarcerated. By 2015, that rate had more than
quadrupled, with nearly 670 out of every 100,000 Americans behind bars.
The over-criminalization of
America is rooted in federal laws and regulations, and state and
local governments have followed suite. here is Harris’s account:
The burgeoning U.S. prison population reflects a federal
criminal code that has spiraled out of control. No one—not even the government
itself—has ever been able to specify with any certainty the precise number of
federal crimes defined by the 54 sections contained in the 27,000 or so pages
of the U.S. Code. In the 1980s, lawyers at the Department of Justice attempted
to tabulate the figure “for the express purpose of exposing the idiocy” of the
criminal code, as one of them later put it. The best they were able to come up with
was an educated guess of 3,000 crimes. Today, the conservative Heritage
Foundation estimates that federal laws currently enumerate nearly 5,000 crimes,
a number that grows every year.
⇒ Keep Reading
⇒ Keep Reading
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NOTICIAS IN SPANISH
Latino America fight
to break with collapsing Empire: leftist
view on alternatives
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La crisis de Catar, orígenes y
consecuencias J. Hawk et.al
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Mund: El peligro ártico y la extinción humana Miguel Fuentes
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Pobres, pero decentes Arturo Arango
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Keiser
Report 1090 "¡Vengan a 'Molar City' en Méx!
¡Les haremos dentadura nueva!"
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PRESS TV
Global situation
described by Iranian observers.. Titles distorted n incomplete sentences
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