NOV
6 17 SIT EC y POL
ND denuncia
debacle d Globaliz neoliberal y propone State-Social + Capit-compet in Econ
WW3 : could start
soon IF Israel and allies attack Syria and Iran
Today, Israel
kicked off its largest international
aerial training exercise ever - coined: Blue Flag 2017.
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ZERO HEDGE ECONOMICS
Neoliberal globalization is over. Financiers know it, they
documented with graphics
There are still nearly two full months left of 2017, so a
lot can happen - but what we’ve seen so far is truly one of the
most serene and strongest markets ever.
The Nasdaq
has never made more all-time highs than the 63 it has made (so far) this
calendar year, topping the previous record of 62
set in 1980.
We’re also in the midst of another
record streak showing just how rare big sell-offs have been recently.
Incredibly, the S&P 500 Index
has gone 43 consecutive days without closing down 0.5% or more; it’s been more than 20 years since the index
last experienced such low downside volatility.
There are still nearly two full
months left of 2017, so a lot can happen - but what we’ve seen so far is truly one of the
most serene and strongest markets ever.
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RELATED 1
"...unlike the 2000 valuation extreme,
which was largely focused on a subset of extremely overvalued technology
stocks, the
current market extreme is the broadest episode of extreme equity market
overvaluation in history..."
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RELATED 3:
WHAT
COULD GO WRONG? BIG LIE.. BABIES in
the art of fascism.
"As the late Joseph Goebbels used to say
describing his misinformation technique, if you’re
going to lie, make sure it’s a whopper..."
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"The only question that
matters regarding today's markets..."
..
Unsustainable. Not able to be maintained at the current rate or level
Said
another way, the daily comforting stories we are told about how all of this
somehow makes sense are just a load of nonsense. Each is entirely unsupportable
by the evidence, facts and data.
They have
nothing to gain if the status quo continues.
The
boomers have everything to lose if the status quo changes.
Mind The Gap
In the US,
through selfish over-consumption, the baby boomer generation has screwed the
prospects for following generations. It's now doing everything to deny and
defend its extraordinarily self-serving and short-sighted decisions, and delay
the repercussions for as long as possible.
For the record, I seriously
doubt the current younger generations would have behaved any differently were
we to teleport them back in time The boomers came of age when net energy
from oil was still climbing and that ‘taught’ them about ‘how the world
worked.’ When you have abundant resources, especially high net energy
oil, you can pretty much do anything you want.
But today?
Not so
much. A BIG fallacy of the past is that wars lead to rapid economic expansion
afterwards. A more correct version of this is that the destruction of war leads
to rapid recovery and rebuilding ONLY IF you also have access to abundant high
net energy oil. If you don't, wars only lead to destroyed economies.
Who’s
Going To Eat The Losses?
The US economic data to
back up this decidedly dim view of things could not possibly be more robust and
unassailable.
If we were
allowed just one chart, just a single piece of data to back up this assertion,
it would be this one:
In Part 2: How To Deal With Our Dangerous Markets And Failing
Future, we explain why the fall from today's market highs will be so
painful, and where today's concerned investor can look when seeking safe haven
for their capital. We have the world's central banking cartel for our
situation, who have -- for the third time in less than 20 years -- blown a
gigantic bubble. Or rather, have blown a nested set of bubbles (stocks,
bonds, housing), each of which will help accelerate the popping the others when
the time comes. As with a developing hurricane, the time to prepare yourself
for these eventualities is well before they actual manifest. Once they’ve
arrived, your ability to respond and react will be hampered by the fact that
your efforts will be accompanied by those of thousand and millions of other
people. Don't be one of the panicked herd. Take prudent action today. Click here to read Part 2
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Recently, the 5 most
powerful cycles in the economic universe merged; forming the first supercycle
we’ve seen since 1929. Those who ignore this disturbing research could lose
everything.
Read More
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Global context:
Following an early shaky start,
which saw the Hang Seng tumble as much as 1.6% driven by weakness in financials
and real estate names following the latest warning by PBOC governor Zhou about "sudden,
complex, hidden, contagious, hazardous" risks In markets and a decline
in local real estate prices, and pressure global risk, US equity futures have
recouped all losses and are back to unchanged on monday morning.
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"With the economic dynamics not supportive (debt, demographics,
productivity and deflation) of further fiscal deficits, tax cuts, without
spending cuts, are not self-supporting. Tax reform that adds to the debt is
likely to slow, rather than improve, long-term economic growth."
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"Sometimes a single chart reveals the truth being obscured by the Deep State
propaganda machine, working overtime selling their economic
recovery narrative..."
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Donald
Trump tells me our best days are ahead. Once
his tax cut plan is passed, the future will be so bright I’ll have to wear
shades.
Sometimes a single
chart reveals the truth being obscured by the Deep State propaganda machine, working overtime selling their economic recovery narrative.
The economy most certainly is booming
for Wall Streeters and D.C. parasites sucking on the teet of Federal government largess. But for
the average working deplorable, this supposed recovery has passed them by.
The
cognitive dissonance is strong, as average Americans want to believe what their
“leaders” are telling them to believe, but their personal financial situation
contradicts the narrative. Even using the highly manipulated data peddled by
the BLS, any critical thinking individual can see through the lies,
misinformation and bullshit. See image at: https://pbs.twimg.com/media/DN3aLtAWsAExGGP.jpg
Let’s
examine what has happened since 2015 and assess the truthfulness of the
purveyors of propaganda running the Deep State looting and pillaging operation.
- There are 5.7 million more Americans employed since the beginning of 2015, a pitiful 3.9% increase. Meanwhile, 2.7 million left the workforce because they supposedly don’t need a job to make a living. [[ Then 3+ Mill employed ]]
- The amount of Federal individual income tax collected by the government only rose by 3% between 2015 and 2017. If the number of employed was up 3.9% and wages supposedly grew by 5%, how could the government’s take only go up 3%? Maybe it’s because the jobs “created” were low paying shit service jobs and part-time jobs.
- The average workweek is lower today than it was in 2015. Does this jive with 3% GDP growth? If the unemployment rate is really 4.1%, shouldn’t workers be putting in overtime and driving the weekly hours upward?
- Now for the best data point of them all – real wages. According to the captured government drones at the BLS, real wages are up a cumulative 1.5% over the last two years. The supposed non-existent inflation has reduced your real wage increases by 70%. And let’s remember the inflation numbers put out by the BLS have been massaged so hard to achieve a happy ending, the BLS drones could work here:
In
reality, recognizing a true inflation rate of at least
5%, the average worker has seen their real wages decline by 5% over the last
two years. This brings us
back to the chart above. Credit card and other
revolving debt has increased by 20% since the beginning of 2015. The
Deep State narrative would describe this phenomena as a huge positive (more
interest and fees for the criminal Wall Street cabal) because it proves average
Americans are optimistic about the future. Consumer confidence has never been
higher. Right?
When the huge acceleration in credit
card debt is analyzed in conjunction with the stagnation of wages and household
income since 2015, a truthful picture emerges. Average
Americans are not
leveraging themselves up to their eyeballs because they are ecstatic about
their future prospects. They are charging basic living
expenses, like real estate taxes, rent, tuition, medical costs, insurance premiums,
food, utilities, and gasoline.
If the narrative of
economic health was true Americans would be ramping up their discretionary
spending at department stores, restaurants and retail outlets across our
suburban sprawl countryside. Nothing could be further from the truth. Retail sales, other than the debt financed auto “rentals”,
have been sucking wind for the last two years. Restaurant traffic has been
negative for over a year. A record number of retail bankruptcies and store
closures will occur in 2017, far more than during the depression year of 2009.
Buzzards are circling above JC Penny and Sears as their carcasses will shortly
inhabit the desert graveyard of failed retailers.
Things are
not well in flyover America. They
are not well in suburban America. They are not well in small town America. They
are not well in most urban areas. The economic decline of the middle class is
why Donald Trump got elected. The elite who inhabit NYC, D.C., Silicon Valley
and Hollywood have been doing great, as the debt creation benefited them and
their hangers-on. The greatest debt induced bubble in world history is now at
its apex. The hubris of
central bankers, corporate chieftains, corrupt politicians, and feckless media
oligarchs has reached epic proportions. They do not believe there will be
negative consequences from their reckless actions since 2008. They will be
wrong.
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POLITICS
La seudo
democ y sist duopolico es obsoleto por
fraudulento y corrupto. Urge cambiarlo
“We’re
going to be increasing our budget by many billions of dollars because of North
Korea and other reasons..."
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" Although President Trump babbled what he claimed to be the
biggest tax cut in American history, the evidence is quite to the contrary..."
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"There
is evidence to support a conclusion that Secretary Clinton, and others, used the email server in a manner that was
grossly negligent with respect to the handling of classified information."
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The New York Fed today confirmed a
weekend report that president Bill Dudley intends to retire from his position in mid-2018 to ensure
that a successor is in place well before the end of his term. Dudley’s
term ends in January of 2019 when he reaches the 10 year policy-limit in the
role.
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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
According to the US Navy, 7 of the 11 U.S. nuclear aircraft carriers have been simultaneously
deployed for the first time in 13 years, with three carriers about to begin an
especially rare 3-way drill off the Korean coast.
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"The Soros list sheds
light on the question of what makes the EU leadership implement policies,
which run counter to the
interests of Europeans. The answer is corruption... This is the time
for Europeans to think about transforming
the system to do away with outside pressure."
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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
Sheldon Richman Quit
Worrying About Russia in Borderless World
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Binoy Kampmark Why
WikiLeaks Was Right: Rigging the Democratic Way
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Thomas Knapp Chickenhawk
Donald: a Complete and Total Disgrace
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Manuel E. Yepe Using
Fear to Strike at Cuban Tourism
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Frank Cetera The
Battle Against Regressive Taxation
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SPUTNIK and RT SHOWS
The nasty business of US-NATO-Global-wars uncovered ..
Donna Brazile,
former DNC chair, her A+depiction of Hillary Clinton's presidential campaign in
her book is set to hit stores in Dems party.
[[DB
is my hero. If she run for Presi, I’ll vote her if Indepent. I say so because I don’t vote Dems or Reps. I will
vote a united People’ Front. I hope Donna
joins us]]
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Why? .. perhaps it took time to made-up the convenient
‘official’ story
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Tech science that will take us to the stone ages go faster
than dismantle nukes world-wide
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If JA buys some of our garbage-nuke-bombs.. then we will
consider it a ‘solid cooperation’
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Make S-Korea pay for
Thadds missiles & create a SOE with Afghan’ opium; don’t give to Pharma
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Catalan leader and his former advisers were released on
condition, that they would not leave the country until the issue of their
deportation to Spain is resolved.
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Saudi-led coalition announced that it reserves the right to
respond to Iran in the appropriate time and manner.
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The largest number of random fire incidents occurred in
areas controlled by Jabhat Fateh al-Sham (formerly known as al-Nusra Front) and
Daesh (ISIS), both terrorist groups.
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A high-ranking Syrian Democratic Forces (SDF) official has
told Sputnik Turkiye that the US continues to supply
them with arms and has recently delivered 120 trucks loaded with heavy
armament and armored vehicles for the Deir ez-Zor operation.
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NOTICIAS IN SPANISH
Latino America fight to break with collapsing Empire: leftist view on alternatives
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Keiser Report Desdolarizarse para no acabar como
Hussein o Gaddafi
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PRESS TV
Global situation described by Iranian observers.. Titles
distorted n incomplete sentences
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‘Trump
impeachment will change nothing’ Yeah sure! .. all dictators & war mongers from
the oligarchy must be blessed. This stupidity is typical in open and hidden
followers of Hillary, the rotten cadaver of the US politics.
FACT-1: T-governance & governability
will be affected by impeachment. Tuesday we must vote
T-Imp in Pittsburgh PA, and so on .. across the Nation.
FACT-2: T-is now the worse
threat to US-world’ Peace & Dem, as Hillary was during 2016’ elections.
Both Dems & Rep represent the most corrupted and poisonous oligarchical
elite in USA.
FACT 3: T- is now in power n
he has to be depowered via impeachment and Referendums, that allows org and
debate on a post-neoliberal agenda: our main objective.
FACT 4: FDR is a great
example of what to do in similar circumstances of crisis: his DEAL and Glass
Steagall Act must be updated and Tobin Tax be imposed on any speculative
transaction in the Market. This debate and fight for a
post-neoliberal agenda is the only way to build
the PEOPLE’s FRONT a real 3rd option for coming elections.
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In
Japan, Trump says ‘patience’ with North No word
coming from T- is reliable
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Business ethics ethical and honest business requires: responsibility,
commitment, quality and reliability
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