OCT 15 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
The U.S. has been expected to pay the bulk of UNESCO's budget for years and it cancelled
its financial contributions back in 2011 in protest of Palestine's admission as
a full member. In the years since,
it has amassed significant arrears of over $500 million...
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The farce of Ms Yellen:
Market valuations “are at high level in historical
terms” when assessed on metrics akin to
price-earnings ratios... but was careful to add that "overall financial stability risks in the U.S. remain
moderate."
…
"Prospects for U.S. fiscal
stimulus have buoyed sentiment but not yet had much impact on spending or
investment," she
said.
“Broader financial
stability risks depend on more than just asset prices and it may also be
important just why asset valuations are high. So one factor that
clearly comes into play is an environment of low interest rates and central
bankers like many market participants have been adjusting our notions of what” interest rates are likely to be in the
longer term.
FACTS:
Since Janet Yellen's first warning in July 2014:
"Equity market valuations appear stretched"
- S&P +29%
- Nasdaq +53%
- DOW +33%
Swiss Finance Minister Ueli Maurer said in an interview with Swiss
newspaper SonntagsBlick that:
"the only question regarding next
crisis is 'when and where', not 'if'..."
A search for yield has dominated asset allocation for too
long, and some severe problems could emerge when
portfolios are re-balanced, Carstens says.
A lack of liquidity can cause severe reactions in some emerging markets, he says.
He's got a point! : [ it was a farce, here the evidence ]:
…
Source: http://www.zerohedge.com/news/2017-10-15/yellen-doubles-down-valuations-are-high-levels-historically
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"I don’t think we’ve ever seen something like this before... A majority of
citizens disapprove of President Trump while simultaneously
having confidence he’ll get most of the
big stuff right and the economy will reflect it."
…
Almost everything President Trump
does has an impact on the economy, and on consumers. That
includes national security, immigration, taxes, health care, budgets, treaties,
government regulations, and international relations. If the public is optimistic about the economy, that is
normally the same as having confidence in the president. At
least on the big-ticket items.
The types of presidential actions
that have lower impact on the economy include court appointments,
opinions on confederate statues, NFL kneeling, transgenders in the military, birth
control funding, unpresidential tweets, poorly-executed disavowals, hyperbole
that fails the fact-checking, seemingly unnecessary political attacks, and all
manner of obnoxious presidential behavior. The
majority of citizens disapprove of President Trump on at least some of those
topics.
I don’t know whether or not
President Trump will seek a second term. But if he ran for reelection today, I expect he would win by a larger
margin than the first time, no matter who ran against him. To put it another way, approval ratings aren’t as predictive as you would expect.
But consumer confidence is probably close to 100% predictive. Ask Bill
Clinton. He’ll tell you It’s the economy, stupid.
Political FACTS:
Spring
2017: “Trump is Hitler!
Summer
2017: “Okay, Trump isn’t Hitler.
But he’s incompetent!”
End
of year 2017: “Crap. He’s effective. But we don’t like it.”
Consumer confidence is peaking while the president’s
approval rating is in the cellar.
That means people expect him to be effective on the big stuff. But they
don’t like him because of the other stuff.
Right on schedule.
[[ What
is right? .. Press-freedom cuts and Fake News in big corp media? ]]
…
[[ Missing points: Is the crash of US economy real or not?.. what FACTS said on either one? And Why to go to war if USD is Ok? Why if huge Debt is not a problem? Why if US bonds are not dumped?. Why if it is OK
to export only weapons and wars? Why if everything
is OK? ] ]
…
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Too Good For Too Long...
"We humans tend to think
linearly and comparatively. In other words, we usually assume the near future will look a
lot like the recent past. And it does much of the time.. But
other times it doesn't. And
that's where the danger lies."
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The impossible
dream: see chart below
In between firing off tweets and defending his
decision to end cost-sharing payments to insurance companies, sending
healthcare stocks sliding and eliciting accusations of sabotage, president
Trump reportedly swallowed his pride and did something he’s been loath to do
for months: he called
Mitch McConnell.
….
President Trump picked up the
phone yesterday and called the Senate Majority Leader ahead of what’s looking
like a make-or-break weak for Trump’s legacy defining, narrative sustaining
tax-reform program.
While it may come as a surprise to some - such as Goldman,
which still says odds of a tax deal are well over 50% - Axios
says Republican insiders privately believe the
future of tax reform looks bleak. But if Trump and McConnell can patch things
up and work together, even temporarily, the GOP has a better chance at
avoiding an embarrassing legislative shutout that could imperil the republican
majority in Congress.
Axios concludes, the truce is
one of necessity. It doesn’t represent a meaningful thaw in frosty relations
between Trump and the Senate GOP leadership, who the
president blames for the biggest defeat of his administration by failing to
repeal and replace Obamacare. Of course, Steve Bannon’s “war” with the
establishment, a war being waged with
the goal of “saving” the Trump presidency, has added further
strain to the relationship. But in a sign that fickle Senate Republicans might
finally be falling in line, Susan Collins of
Maine said on ABC’s
“This Week” on Sunday that she was leaning toward a ‘yes’ on tax
reform.
Will the market buy,
literally and figuratively, this latest diplomatic detente? For the answer,
keep an eye on the relative performance of high-tax corps (to the S&P).
As we showed on Friday, following a brief burst of euphoria in the last days of
September, the
market has once again given up hope that Trump can pull off the biggest tax
reform package in decades.
…
Source: http://www.zerohedge.com/news/2017-10-15/trump-and-mcconnell-make-truce-necessity-save-tax-reform
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"Bend is a bubble built on a bigger bubble
that is still inflating. Bend's continued appreciation is a bet on a
few cities' property values (alongside general financial assets) continuing to
rise indefinitely and those wealthy folks continuing to flock to Bend. So far, so
good but the clock is running."
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"if we don’t see a sustained cyclical jump
in wages, then yields won’t go up. And
if yields don’t go up, then the asset price ascent will accelerate. Which
will lead us into a 2018 that looks like what we had expected out of 2017; a war against
inequality, a battle for Main Street at the expense of Wall Street, an Occupy
Silicon Valley movement."
….
Among the potential scenarios probed by the Pentagon: Hackers could
inject false information into stock-data feeds, sending trading algorithms out
of whack; or they could flood the stock market with fake sell orders and
trigger a market crash.
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"I confidently declare that we run CryptoRuble
for one simple reason: if we do not, then after 2 months our
neighbors in the EurAsEC will..."
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POLITICS
La seudo democ y sist duopolico es obsoleto por fraudulento y
corrupto. Urge cambiarlo
Secretary of State Rex Tillerson doubled down on his mission to reach a
diplomatic solution with North Korea, and said in an interview Sunday that President
Trump wants to continue working toward a diplomatic
solution "until the first bomb
drops."
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"In more recent years, the wording of the program may have changed
to more pleasing euphemisms. But the idea is the same: how
you can use psyops, propaganda and disinformation to sell U.S. government
policies abroad and at home."
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"...commercial broadcast networks, like CNN and MSNBC, are not in the business of journalism. They
hardly do any. Their celebrity correspondents
are courtiers to the elite...They sacrifice journalism and truth for
ratings and profit... they've embraced identity
politics. We saw where that got us with
Barack Obama, which is worse than nowhere..."
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WORLD ISSUES and M-East
Global depression is
on…China, RU, Iran search for State socialis+K- compet. D rest in limbo
US blah-blah on
China Econ:
"...if you don’t buy a flat today, you will never be able to
afford it...The debts are huge to me, but a person
without a flat has no future..."
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With Hezbollah now in US cross hairs, and as
Trump decertifies the Iran nuclear deal, will the region be pushed to war?
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With tensions rising in Kirkuk, neocon think
tanks have representatives in Erbil calling for US military intervention
against "Iranian-backed militias."
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GLOBAL RESEARCH
Global Econ-Pol
crisis leads to more business-wars:
profiteers US-NATO under screen
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SPUTNIK and RT SHOWS
The nasty business of
US-NATO-Global-wars uncovered ..
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[[ Tillerson’ drop the “carrot mask” … in case Deep State
need it, if Trump is dump it.]]
…
R Tillerson’s sentence
“Until First Bomb Drops” lit social media on
fire. [[ Vs. J Kerry: He made a similar comment:
US Security is at stake with Trump policies:
Former US Secretary of State: Trump Is
'Creating an International Crisis'.]] [ To me: Something is been cook
behind screens]
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[[ He recant it
.. If he is dropped by Trump.. he will lose
the chances to be “next President”. ]]
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Corrupted Hillary abandon Trump too: Clinton
Lashes Out at Trump Over His 'Dangerous' Policy Toward Iran, North Korea She said: Trump's
approach could result in a nuclear arms race.
[ The
most paid by big-Corp to champion war-mongerism abandon the old mask too ]
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PEACE won the streets in SOCHI-RUSSIA
It happens during the opening ceremony of the XIX World Youth Festival
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RT SHOWS
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by Jorge Wejebe Cobo AT: http://www.voltairenet.org/en
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NOTICIAS IN SPANISH
Latino America fight
to break with collapsing Empire: leftist
view on alternatives
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PRESS TV
Global situation
described by Iranian observers.. Titles distorted n incomplete sentences
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Britain, Germany renew commitment
to JCPOA http://www.presstv.com/Detail/2017/10/15/538699/Iran-Germany-Britain-Denmark-Theresa-May-Chancellor-Angela-Merkel-Danny-Annan-JCPOA
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