NOV 7
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
Global context:
With economic growth slowing in China, the question is i) will it continue into 2018,
and ii) will it lead to bulk commodity prices deflating? In short, due
mainly to slower overall credit growth vs. prior mini-bubbles (i.e., 2009,
2013, and 2016), a material
slowdown in economic growth or asset values in China’s market is inevitable.
[[ we are part of China market ]]
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“Momentum is definitely stretched relative to
the market, but there is no guarantee that it won’t
become more stretched,”
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"Frankly, the lack of volatility is
beginning to scare me a bit. Minsky constantly reminded us that stability
begets instability... We don’t know when; we don’t
know where it starts; but we know it’s coming."
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"...The basis of this outrage is that rich and powerful people are ‘hiding’ trillions of dollars in
offshore tax havens, places like Switzerland and the Cayman Islands..."
..
According to
individual income tax statistics published by the Internal Revenue Service, the top 3% of taxpayers in the United States pay more tax
than everyone else in the country combined.
That’s
already a pretty disproportionate ratio. Yet these
angry socialists want top taxpayers to pay even more.
They
seem to feel entitled to other people’s property and to put their hands in
other people’s pockets.
It makes me wonder– how much more would be
enough? When does it stop?
Again, the
amazing thing here is that taking steps to reduce your taxes is completely
legal.
What’s NOT legal is
stealing private financial records from a law firm… which is exactly what a bunch of
journalists did in order to publish the Paradise Papers.
But
that criminality is not part of the discussion.
The only
acceptable thing to say anymore is rich people = bad.
Everyone else = good.
This is
class warfare, plain and simple. People are out for blood once again. And it’s only the beginning.
….
On Economics go always to autor art (SEE above).. Chances of modifying content exist
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Like Bubble 1.0, house prices in the most lofty regions have been driven for years by
“non-end-users” SPECULATING on rentals, second/vaca homes, and flipping – riding a wave of cheap & easy credit, liquidity &
leverage – believing prices always go up.
RELATED: The
World's Biggest Bubbles
“Like Chuck Prince said 10 years ago, we have to keep dancing. But we’re not as
reckless as the bankers in 2006 and 2007. We try to be as close to the door as
possible.”
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"This is a massive, massive increase..."
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In a month
which saw little change in near-record job openings, the most remarkable
observation in today's JOLTs report was the sharp drop in September hiring,
which declined by 147,000 in the hurricane-impacted
month, bringing the total number of hires to
5.27 million, the lowest since April.
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"At the end of the day, you can't borrow your way to prosperity. That's the oldest rule in the book of sound money and
sustainable finance... And
it's about ready to be learned all over
again."
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The divergence between the 'hope' melt-up in stock markets and
the 'nope' collapse of the US Treasury
yield curve has never been so wide... and has never engendered so many excuses by commission-takers and
asset-gatherers for why the latter is wrong and the former correct.
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"We
Have Been Wrong... Badly": Gartman Covers Short, Expects "Violent,
Panic Rush Skyward" In Stocks
"We have been wrong… badly… in
taking even a modestly bearish view. Our position has to be covered and covered it
shall be, for we fear that we are about to enter that violent… and ending… rush
to the upside that has ended so many great bull markets of the past. At
this point, the buying becomes manic and prices head skyward."
First, Gartman unveiled that
he is shorting bonds, whose "bull 35 year market ended last autumn".
Second, the frequent Fast
Money guest announced with great fanfare that he is closing his equity short,
in anticipation of a "violent, manic" surge higher in the market:
We have been wrong… badly… in taking even a modestly bearish view of the
global equity market and effecting that bearish view via a position in out-of-the-money
puts on the US equity market bought a week and one half ago. Fortunately we effected that bearish view with puts
rather than with direct short positions in equites and/or via short position in
the futures themselves, so the damage wrought has been minor. But the real
damage is that we are not long of equities as obviously we should have been. Our position has to be covered and
covered it shall be, for we fear that we are about to enter that violent… and
ending… rush to the upside that has ended so many great bull markets of the
past. At this point, the buying becomes manic and prices head skyward.
Speculation is the order of the day, not investment and when such periods have
erupted in the past prices have
gone parabolic until such time as the last bears have been brought to heel and
the public has thrown investment caution to the wind. We’re there now; this may
become wild.
And so the slam dunk pair trade has
been set. Trade accordingly.
…
…
WATCH Video:
…
RELATED:
Having tumbled from record highs
near $7600 to $6900 in the last two days, Bitcoin is
rebounding this morning, back to $7250 following condemnation from Dennis Gartman and blessing from 'father of financial
futures' Leo Melamed.
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“This is more serious
than it appears. The
arrest of the two sons of previous King Abdullah, Princes Miteb and Turki, was a fatal mistake. This
now endangers the King himself. It was only the regard for the King that
protected MBS. There are many
left in the army against MBS and they are enraged at the arrest of their
commanders.”
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- U.S. Allies Fear Trump Will Pull a Nixon in China (WSJ)
- Partisan Tensions Flare as GOP Revises Tax Bill (BBG)
- Tax Overhaul Faces Major Hurdles (WSJ)
- Multinationals Scurry to Defuse House Tax Bill’s ‘Atomic Bomb’ (BBG)
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POLITICS
La seudo
democ y sist duopolico es obsoleto por
fraudulento y corrupto. Urge cambiarlo
"Ed Gillespie worked hard but did not embrace
me or what I stand for..."
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Roughly 70% of America's bright-eyed and bushy-tailed high school seniors
will go on to binge drink-study at a 4-year college, but, to our complete
shock, less than two-thirds of them will manage to
graduate with a degree. Here's how many of those dropouts will go on to
default on their student loans...
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"The government’s answer,
as always, will lead us further down the road we’ve travelled since 9/11
towards totalitarianism and
away from freedom...As we have learned the hard way, the phantom promise of safety in exchange for
restricted or regulated liberty is a false, misguided doctrine that has no basis in the truth."
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"...If he didn’t have a
gun, instead of having 26 dead, you would have had hundreds more dead.
So that's the way I feel about it. [gun control's] not going to
help..."
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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
"The Great Gas War has not
finished. I suggest it
is about to open a new front. A front that could ignite a wider conflict..."
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Smoking gun internal evidence that Israel is quietly formalizing its unusual alliance with Saudi
Arabia as tensions grow in the region.
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While Saudi Arabia has long blamed Iran for sowing unrest in the region, this evening's declaration by Saudi Gulf
affairs minister Thamer al-Sabhan that Lebanon has
"declared war" against the kingdom is truly an historic first
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The sudden turmoil in Saudi Arabia likely
helped push oil prices to their highest level in two and a half years on
Monday. However, the Saudi purge
does not necessarily mean a change in oil policy. Saudi officials have
been pushing for an extension of the OPEC cuts through the end of 2018,
particularly as they prepare the IPO of Aramco.
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Bonds and Bullion continue to lead after this weekend's
'pre-emptive coup' in Saudi Arabia but stocks have given up their gains and
the dollar is sinking once again...
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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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INFORMATION CLEARING HOUSE
Deep on the US political crisis, their internal conflicts n
chances of WW3
The Inside Story of the Saudi Night of Long
Knives By Pepe Escobar
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Mattis, Tillerson Want Blank Check To Wage
Illegal War By Marjorie Cohn
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Libya, Syria, Ukraine – Same Playbook, Same
Puppet Masters By Chris
Kanthan
Toppling governts while appearing noble should be called the
“geopolitics of crocodile tears.”
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US Sells Out The Kurds — Again By Reese Erlich US refuses to support their independence.
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100 Years of Screwing Imperialism! By
Andre Vltchek You cannot murder
dreams. You cannot murder the courage of the human race, unless you murder the
entire human race.
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Those who are slow to confess their errors are busy
constructing lies to conceal them.
We live in a time in which self is an illusion, &
Fredom, responsibility & guilt are illussions.
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Washington Corruption Is Unparalleled In
History By Paul Craig Roberts. “Few men have virtue to
withstand the highest bidder” said Pres G. Washington. Today:
Manafort may buy his way out by providing Mueller with false charges against
Trump. T- deserve to be impeached if start WW3, but
those cowards are guilty of same fault and opt to use a smoke of RU-phobia to
cover own Ethic’lack
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Steven Mnuchin, Foreclosure King of America
By Nomi Prins. SM=
Sec of Treasury for the .01%
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COUNTER PUNCH
David Rosen Terrorism
& White Men’s Murderous Rage
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James Heddle The
Real Nuclear Triad: Energy, Weapons and Waste
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Benjamin Hackett The
Tax Cuts and Jobs Act: Winners and Losers
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SPUTNIK and RT SHOWS
The nasty business of US-NATO-Global-wars uncovered ..
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US
Navy’s Next-Gen Ballistic Missile Submarines Just Got Cheaper $7 billion per
unit
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US
Envoy Haley Accuses Iran of 'Violating UN Resolutions' by Allegedly 'Providing
Weapons to Houthis in Yemen' Iran to face the worse terrorists: la
troika =US-ISRAEL and SAUDIS
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RT SHOWS
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Keiser
Report Episode
1146 Max and Stacy discuss
100 years of humiliation and unintentional self-parody as one empire goes and
another rises again. Max interviews Dr. Michael Hudson on Dems Party in an era
of dodgy pee-pee
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NOTICIAS IN SPANISH
Latino America fight to break with collapsing Empire: leftist view on alternatives
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ARG -Estela de C vs. La Nacion: “En vez de informar, deforman y
ofenden”
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-Temer, la sociedad de mercado y… Caetano
Veloso! Amílcar Salas
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del hambre y miseria y los que defendieron el sistema de
poder que causo tal
hambre y miseria. Hubo 1 Pdte que asesino presos políticos
y otro a quechua-
hablantes en 1 pollada (cuando hablan ese idioma en
Lima es para complotar
dijeron). Este está preso, el otro impune y
disfrutando la corrupción que creo.
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México cede y participa en
ejercicios militares con países de la OTAN Imbéciles no faltan
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“Son
terroristas buenos”.. Acaso disparan contra Corp, oligarcas y especul? En que
son buenos?
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Keiser Report Los demócratas, el partido de Wall
Street
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PRESS TV
Global situation described by Iranian observers.. Titles
distorted n incomplete
sentences
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Brexit
deal must be in US interests: Trump adviser idiotic
supremacism
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It is not the paper.. is the neoliberal system.. idiot!
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‘Riyadh’s
actions will isolate it from Muslim .. fine as long as Wahhabis exist.
They do believe in the right to
terrorize and behead members of other religion sects
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Saudis
accuse Hezbollah of declaring war 1st
Iran, now Hezbollah.. what about ‘themselves’
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