DEC
8 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
Gold tumbled 2.5% this week (biggest weekly drop in
7 months) as Bitcoin soared 40% (its best weekly gain since Dec 2013)
And the yield curve ended flatter on the week...
Finally as Bitcoin slipped today, Ethereum
outperformed...
But Litecoin was today's big crypto winner...
…
Source: http://www.zerohedge.com/news/2017-12-08/precious-metals-pounded-bitcoin-soars-best-week-2013
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What we sell?.. only weapons and wars. The glorious
days of Fordism are gone
U.S.
auto sales have hovered well north of replacement rates for several years now on the back of an improving labor
environment and more importantly an extremely accommodating financing market...but has
the bubble nearly run its course?
But, according to data presented in Experian's
Q3 2017 auto financing market update slides, the auto market may
finally be on the brink of running right off the other side of Ford's
proverbial "Plateau."
First, as we've warned numerous times, inflated auto sales continue to come solely from an
unprecedented expansion in consumer credit...
...an expansion which has
thrived by targeting lower and lower credit quality borrowers.
…
See more charts at:
Source: http://www.zerohedge.com/news/2017-12-07/signs-peak-these-10-charts-reveal-auto-bubble-brink
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More on GLOBAL Context:
Protesters,
who packed the Al-Azhar mosque in the Egyptian capital Cairo, chanted “Jerusalem is Arab! Oh, Trump, you madman, the Arab
people are everywhere!”
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The USD is been replaced
fast.. neoliberal order is now a rein of chaos & collapse
"This
is a system with no justice, no order, no rules, and no predictability. Anyone
within it is at grave and total risk. And yet before Bitcoin it was the only
system we had,"
All that changed after
WWII. Banks rose in proportion to the rest
of the economy, passing the average, then the previous high, then when that
level reached “Irrational Exuberance”, Greenspan started the printing presses,
free money was created, and Senators and Presidents whose bank records were
visible suddenly repealed Glass-Steagall. An economy stretched to breaking with
free, centrally-allocated and misallocated money crashed and shrank, yet the
banks– now known as the FIRE stocks: Finance, Insurance, and Real Estate – kept growing.
How can banks and finance keep growing with a shrinking economy? By selling
their only product: debt.
See this image:
https://3r8md7174doo44lgpk3kou79-wpengine.netdna-ssl.com/wp-content/uploads/2017/12/NYUGDPFinancialShareJosh9.jpg
What does this
have to do with Bitcoin? Simple. They’re charging too much.They’re
making too much both personally and as a group. They’re overpriced. And
anything that’s overpriced is ripe for competition. And the higher the markup,
the more incentive, the more pressure, the more profit there is to join the
upstart. Bitcoin can economize banking because what
does banking do? It saves money safely, which Bitcoin can do. It transfers
money on demand, which Bitcoin can do. It pays you interest, which mining or
appreciation can do.
MONEY and that brainpower
could be much better allocated elsewhere, but so long as the Finance sector can
print free money and buy free influence, they will never stop on their own. Only an upstart to their monopoly can
cure the cancer and bring them back to a healthy size and purpose. Bitcoin can
do this only because they charge too much and do too little. Of course, they could go back to paying 4% and charging 8% with a
CEO:employee pay ratio of 20:1 but history says it will never happen. Only
a conflict, a collapse, or competition can reform them, and however long it
takes, competition is by far the best option.
See the graph: Growth of CEO pays in America at: https://3r8md7174doo44lgpk3kou79-wpengine.netdna-ssl.com/wp-content/uploads/2017/12/CEOPayVsAverageSlubJosh10.jpg
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The man who
predicted the collapse of GM, Fannie, and Freddie says the next big bankruptcy
is going to catch everyone by surprise. Learn more here.
Read More
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“As
contrarians, the only thing to fear is
the lack of fear itself.”
First check this graph: Real GDP vs Potential GDP
While the Trump administration, and congressional Republicans, suggest their tax changes will stimulate years of economic growth and more than
pay for themselves, the
reality is likely quite the opposite.
What investors are
missing is that while tax reform could well provide for a modest bump to GDP
growth, that growth bump is being offset by the Federal Reserve tightening
monetary policy by lifting interest rates. Don’t forget, the reason the Fed lifts interest rates
is to SLOW economic
growth to quell inflationary pressures.
THE FACT IS: “a trillion-dollar deficit would require further debt growth in
order to fund the revenue gap. As the
debt levels continue to expand, estimated to hit $30 trillion over the next
8-years, the impact to economic growth will continue to
be negative.
HERE THE READING FOR THOS WEEKEND:
Trump, Economy & Fed
- Deficit Hypocrisy On Full Display by Caroline Baum via MarketWatch
- GOP Tax Bill: “Fuggedaboutit” by David Stockman via Daily Reckoning
- A Conservative Uprising Confronts Deficit Hawks by Russell Berman via The Atlantic
- Tax Bill And Trillion-Dollar Deficits by Committee For A Responsible Federal Budget
- Worrying Data Raises Recession Fears by Simon Constable via Forbes
- The Negatives Of The GOP Tax Plan Via WallStreet by Tyler Durden via ZeroHedge
- GOP Sought To Undercut Unfavorable Analysis Of Tax Plan by Jim Tankersley via NYT
- A Tax Cut For Everyone by Stephen Moore via The Washington Times
- Tax Cuts Could Trigger The Next Recession by Patrick Watson via Forbes
- Senate Tax Bill Is Disappointing by Scott Sumner via Econolog
- The Great Recession Is Still With Us by Annie Lowrey via The Atlantic
- Media Is Dishonest About GOP Tax Plan by Philip Klein via Washington Examiner
- How An Unequal Tax Grew More Unequal by Heather Long via Washington Post
- The GOP War On Economics by Jonathan Chait via New York Magazine
- Not Much Evidence Tax Cuts Boost Wages by Marc Chandler via Real Clear Markets
- This Tweet Explains Why Millennials Are Fed Up by Jeff Stein via Washington Post
- Trump’s Economic Revolution All About Investment by Tyler Cowen via Bloomberg
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Markets
- BIS: Excessive Risk Taking & Consequences by Tyler Durden via ZeroHedge
- A List Of What WallStreet Has Said About Bitcoin by Mark Decambre via MarketWatch
- The Case For The No-America Portfolio by John Coumarianos vis WSJ
- An 18-Year Bull Market by SA Gil Weinreich via Seeking Alpha
- Today’s Rational Exuberance by Anatole Kaletsky via Project Syndicate
- Global Equity Markets $20 Trillion Dollar Mistake by Kevin Muir via The Macro Tourist
- A Doomsday Moment For High-Yield by Charlie Henneman via Enterprising Investor
- Is This The Scariest Chart Of All by Shawn Langlois via MarketWatch
- Rally Kicks Into Dangerous Overdrive by Michael Kahn via Barron’s
- JPM: Tax Cuts 50% Priced In by William Watts via MarketWatch
- Where To Find Income Without Big Risks by Paul Katzeff via IBD
- This Move Can Save Your Profits From A Crash by Michael Sincere via MarketWatch
- Blow Off Top by Sven Henrich via Northman Trader
- The Spurious Math Of A Tax Cut Rally by Michael Lebowitz via RIA
- Reflections Of A Distorted, Delusional Reality by Doug Kass via RIA
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Research /
Interesting Reads
- Carmegeddon For Tesla by Wolf Richter via Wolf Street
- CB’s Have Stepped Into Every Market Shock Since 2013 by Tyler Durden via ZeroHedge
- Blowing Up The Debt Is A Threat To America by Leon Panetta via USA Today
- Deep Value by Cliff Asness via AQR Capital Management
- Time For Investors To Loiter Around Lifeboats by Jonathon Rochford via MarketWatch
- Wealth Inequality Isn’t Our Biggest Issue by Jeffrey Harding via Independent Mind
- $1 Million Retirement Nest Egg Isn’t Enough Anymore by Jessica Dickler via CNBC
- Bitcoin: Is Greed Back? by Tom Lauricella via Morningstar.com
- Navigating The Speculative Id Of Wall Street by John Hussman via Hussman Funds
- Record Calm As Markets Get A Shock by Dana Lyons via The Lyons Share
- Time To Get Real With Your Portfolio by Jesse Felder via The Felder Report
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POLITICS
La seudo
democ y sist duopolico es obsoleto por
fraudulento y corrupto. Urge
cambiarlo
Regardless of
whether you think these are smart investments or wasted dollars, it’s a good idea to know where and
why the government spends this much on the other side of the planet...
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"...what
price will the American people and the rest of the world pay for
the constraints the military/security complex has placed on Trump’s ability to
normalize relations with Russia?"
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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
Bitcoin is now 20 times more volatile than the
US Dollar...
“I think
there are a few hundred guys... they all probably can call each other, and they probably have..."
RELATED 2: Central Banks has to
accepted too.. otherwise they will die soon
John McAfee's dick grows
safer by the day.
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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
Avoiding Nuclear War Is Our First Priority By Paul Craig Roberts
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The Nutball the Neocons Wanted in NATO By Patrick Buchanan
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Russia Is Not the ‘No. 1 Threat’—or Even
Among the Top 5 By SCohen and
Jo Batchelor
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Trump Actions "Irresponsible and
Reckless" Historian By
Avi" Shlaim
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SPUTNIK and RT SHOWS
The nasty business of US-NATO-Global-wars uncovered ..
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RT SHOWS
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Keiser Report
Episode
1160 Max and Stacy discuss the rising cost of ‘manufact
homes’
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NOTICIAS IN SPANISH
Latino America fight to break with collapsing Empire: leftist view on alternatives
Se rebalsa la letrina imperialista sobre todo el Oriente Medio
…
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Keiser Report Democracia en venta y yihad
anarcocapitalista
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PRESS TV
Global situation described by Iranian observers.. Titles
distorted n incomplete sentences
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