AUG 3 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
"Decades of deindustrialization via the cancerous process of globalism
has left vacant structures of where industries once stood as a reminder that America peaked
decades ago..."
On Wednesday, the US
added 178k
private sector jobs in July, verse 185k jobs expected. The number was just
shy of Wall Street estimates, and did not stop the mainstream media and Moody’s
chief economist Mark Zandi from saying,
“the American job machine continues to operate in high
gear.”
This ADP report
sounds great, but underneath the surface a majority of additions are
non-productive jobs called ‘Service-providing’. What is
not widely spoken about on the mainstream media is the loss in –4k manufacturing jobs.
ADP manufacturing
employment has stalled post 1Q17. Leading us to believe that President Trump is
running into roadblocks in terms of creating manufacturing jobs.
The so called good times in America was between 1940 through
1950, where the manufacturing share of all U.S. employment bounced
between 30-40%. The good times are over and have been
for many decades with American industry hallowed out, along with a
rotting middle class.
Even if Trump was to revive America’s industries,
the manufacturing share of all U.S. employment will stay ultra low because
of automation. Making jobs great again in terms of manufacturing for
humans might be a difficult task for President Trump. After
all, President Trump promised the middle class that he will be returning
manufacturing jobs back to America; he
failed to mention ‘robots are coming’.
‘ROBOTS ARE COMING’.
What I’m about to show you is the fiery death of American
manufacturing through a drone in Baltimore City, Maryland (FAA Airspace was
clear at the time).
The mainstream media is not
allowed to show you the death and destruction ravaging America’s inner cities because
it destroys their narrative that everything is awesome.
Decades of deindustrialization via the cancerous
process of globalism has left vacant structures of
where industries once stood as a reminder that America peaked decades ago.
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The latest credit investor survey
by Bank of America shows a marked change in the Wall of Worry:
"Quantitative Failure" by central banks has emerged as investors’ top
concern (23%), up materially from June’s reading (6%). Investors say that a backdrop of the ECB ending QE next year,
while inflation remains sub-par, "has the potential to rattle the market’s
confidence."
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"...there will come a time, probably sooner rather than later, when the piper will
have to be paid and someone will have to take the blame for our
fiscal non-recovery...I do not see the timing of heightened geopolitical tensions in 2017 as
coincidental. It
appears to me that these events are perfectly organized
with maximum distraction in mind as we
hit the top of perhaps the most massive stock and bond bubbles in modern
history."
To give a quick summary of the economy so far from an
American perspective, I must first remind readers of the constant
misinformation that is often used by government institutions and central banks
in order to hide negative data.
For example, recovery proponents will sometimes cite the supposed "decline" in the number of people
registered for food stamp (SNAP) benefits from the 47 million
peak in 2013 to 42 million recipients today. Yet, they rarely mention the fact
that much of this decline is directly attributed to states now enforcing work
requirements instead of simply handing out SNAP cards like Mardi Gras beads.
They also still, for some reason, like to cite the decline in
the unemployment rate to 4.4 percent while continuing to ignore the fact that
95 million working age Americans are no longer counted as unemployed by the
Bureau of Labor Statistics. They
argue that this is an entirely acceptable condition, even though it is
unprecedented, because "home surveys" from the BLS claim that most of
these people "do not really want to work." These utterly ambiguous
surveys leave open ended data to be interpreted essentially however the BLS
wants to interpret it. Meaning, if they want to label millions of people as "disinterested"
in employment, they can and will regardless of whether this is true or not.
Retail store closures have tripled so far this year, with 8,600 stores projected to close in total in 2017.
This far surpasses the previous record of 6,163 stores in 2008 at the onset of
the credit crisis.
This incredible implosion in brick and mortar business is
often blamed on the rise of internet retail, or the "Amazon effect."
This is yet another lie. Total
e-commerce sales only accounted for 8.5 percent of total U.S. retail sales in
the first quarter of 2017 according to the
commerce department. This means that internet retail is
nowhere near large enough to account for the considerable loss in standard
retail business. Thus, we must look to the
stagnation in consumer spending to explain the
situation.
Auto sales continue their steady
decline in 2017 as
the short lived boom now faces death as ARM-style loans turn over and new buyers become
scarce.
U.S. home ownership rates have collapsed since 2007. More households are renting than at any time in
the past 50 years.
U.S. household debt has now hit levels not seen since 2008, just before
the credit crisis.
Those looking for government spending to save the day should
probably look elsewhere. Nearly 75 percent of every tax dollar goes towards non-productive
spending on the part of government.
I could go on and on — it is
simply undeniable that nearly every sector of the U.S. economy is in steady
decline compared to pre-2008 levels. This instability in the
fundamentals will eventually weigh down and crash stock markets, bond markets,
currency markets, etc. Such markets are the last
vestige of the U.S. economy still giving the appearance of health.
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RELATED 1:
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RELATED 2:
"The real economy has little to gain, and much to lose.”
RELATED 3:
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Of the total $243 billion in Short and
Long-Term securities owned by Apple as of June 30, the company held a record
$51.5 billion in Treasurys, split between $20.1 billion in T-Bills and $31.3
billion in Treasury Bonds.
RELATED:
The FANG bears have
capitulated: short interest for the four companies has sunk to a new record
low, and collectively the short bets against FANG
stocks accounted for just 2% of their traded shares, an all time low.
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In 2016, this policy paid $16 billion to big banks, a number that
will likely rise as the interest rate payments go up with every increase
in the federal funds rate...So this is the true policy issue going forward, how do you stop the taxpayer
subsidy to Wall Street while avoiding lighting the fuse to Bernanke’s inflation
bomb?
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POLITICS
La seudo democ y sist duopolico es obsoleto por fraudulento y
corrupto. Urge cambiarlo
“The
intelligence community has identified a need…for a capability to suspend processes
utilizing webcams and corrupt any video recordings that could
compromise a PAG deployment"...
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"It’s obvious what would happen if California became it’s own
country. The middle class would be hollowed out... It would immediately turn into a banana republic, where you are either a wealthy elitist or an impoverished peasant who is dependent on the
state."
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Gore’s hypocritical home energy use and “do as I say not as I do” lifestyle has plunged to embarrassing
new depths.
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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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GLOBAL RESEARCH
Global Econ-Pol
crisis leads to more business-wars:
profiteers US-NATO under screen
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COUNTER PUNCH
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Jeff Mackler Did
Trump Really End the CIA’s Secret War in Syria?
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Ron Forthofer An
Insane Policy Towards North Korea
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SPUTNIK and RT SHOWS
The nasty business of
US-NATO-Global-wars uncovered .. pro RU view
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Russia
Plans to Renew Gaddafi-Era Contracts With Libya infrastructure and energy contracts it signed
with Libya under deposed leader Muammar Gaddafi.
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RT SHOWS
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NOTICIAS IN SPANISH
Latino America fight
to break with collapsing Empire: leftist
view on alternatives
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Las
elecciones cambiaron el contexto interno.. los deseos de RZ no tienen valor hoy
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Xi Jinping quiere la paz mundial y
moderniza su Ejército la paz armada es real garantía
de paz Solo mentes pro-imperialistas los quieren desarmados.
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Keiser
Report Criptodivisas, burbujas y desplomes
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PRESS TV
Global situation
described by Iranian observers.. Titles distorted n incomplete sentences
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Senate
suspends US aid to Palestinians They are no interested in Human Rights
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Trump's
approval rating plunges to 33%: Poll So far doesn’t matter Pol legitimacy
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