JUN
18 18 SIT EC y POL
ND denounce Global-neoliberal debacle y propone State-Social
+ Capit-compet in Econ
ZERO HEDGE ECONOMICS
Neoliberal globalization is over. Financiers know it, they
documented with graphics
In a
stunning escalation, President Trump has hit China with a potential double
whammy as he directed the U.S. Trade
Representative to identify $200 billion worth of China goods for additional 10%
tariffs.
Update 2:China
has just made it clear that the relentless tit-for-tat trade war escalation
isn't stopping any time soon:
- CHINA SAYS TO HIT BACK IF U.S. ROLLS OUT NEW TARIFF LIST
- CHINA MOFCOM SAYS U.S. TARIFF DECISION AGAINST MARKET RULES
- CHINA WILL TAKE STRONG COUNTERMEASURES IF U.S. ISSUES NEW LIST
- CHINA COMMERCE MINISTRY SAYS IF U.S. PUBLISHES ADDITIONAL IMPORTS TARIFF LIST, CHINA WILL HAVE TO ADOPT COMPREHENSIVE MEASURES TO FIGHT BACK FIRMLY: RTRS
- CHINA COMMERCE MINISTRY SAYS U.S. THREATS ON $200 BILLION TARIFFS LIST DISOBEYS NEGOTIATION AND CONSENSUS REACHED PREVIOUSLY BETWEEN TWO COUNTRIES: RTRS
The only silver lining in all of this is that so far, China
hasn't invoked the nuclear options: dumping FX reserves (either bonds or
equities), or devaluing the currency. If Trump keeps pushing, however, both are
only a matter of time. In fact, as
we suggested last Friday, Russia's unexpected April
liquidation of half of its US Treasurys may have been a market test and dress
rehearsal for the real thing, when Beijing eventually starts selling.
US equity futures took another leg
lower - The Dow is down 250 points from the close...
See Chart:
Update 1:
While US equity futures are languishing at the
day-session lows (ready for the machines to ramp them back to green tomorrow
morning), Chinese stocks are suffering with Hang Seng's China Enterprise Index breaking below a critical
uptrendline...
See Chart:
At the same time, China's offshore
Yuan broke below its 200DMA...
See Chart:
The Dollar Index is down very
modestly but 10y TSY yields dropped 2bps to 2.89%...
See Chart:
Further warning China that after these new measures are in
place - on top of existing tariffs on USD 50 billion in Chinese imports -
punitive measures on
another USD 200 billion of Chinese goods would go forward "if China
increases its tariffs yet again."
"These tariffs will go into
effect if China refuses to change its practices, and also if it insists on
going forward with the new tariffs that it has recently announced."
Anyone
who now claims that this is not a 'trade war' is kidding themselves -
this is Trump's retaliatory trade tariffs due to China's retaliatory trade
tariffs which were due to Trump's trade tariffs which he imposed due to China's
non-fair trade.
As an ominous reminder,
Goldman recently warned that...
"it is unlikely that the White
House can convince trading partners that tariff threats are credible without
also convincing financial markets."
In other words, for Trump's trade
negotiations to be successful, and for
US trade partners to take a flip-flopping Trump credibly, the market has to
crash.
….
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Tonight,
the US Senate passed the "must-pass" $707.7b defense policy bill for
FY19 - that includes the provision that would reimpose penalties on ZTE - creating a standoff with the White House,
which had planned to 'fix' the provision in negotiations.
See Chart:
…
SOURCE: https://www.zerohedge.com/news/2018-06-18/zte-crashes-after-senate-passes-trump-deal-killing-bill
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"The
next recession is really frightening because we won't have any stabilizers. We'll have monetary policy
which we'll exhaust really quickly..."
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A deal to reduce the trade deficit will have far-reaching consequences for the dollar...
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"The
risk is that everyone wants to get out of the debt at the same time..."
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" Fiat currency is a crap
shoot, depending on how the winds of government blow... That is why gold is the only real money. It
doesn’t fluctuate, diminish, or devalue. It is a constant. And it’s the one
thing you can rely on during economic disaster."
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US
DOMESTIC POLITICS
Seudo democ y sist
duopolico in US is obsolete; it’s
full of frauds & corruption. Urge cambiarlo
"The CIA had a wide
variety of tools to use against adversaries, including
the ability to 'spoof' its malware to
appear as though it was created by a foreign intelligence agency..."
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"Even to the present day, Obama
is evaluated by Democrats on the basis of his lies instead of on the basis of
his actions. He’s admired for his stated intentions and promises, which
were often the opposite of what his
consistent actual decisions and actions turned out to be on those very same
matters..."
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Regardless
of your background, socioeconomic status, or political spectrum, everything you
do, say, and think is being subtly shaped by a “Deep State.” But the shadow
organization I’m talking about isn’t the Alt-Right or Globalist Left.
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"Political Correctness acts as a filter
for sifting out thought that doesn’t conform to orthodox ideology, and for punishing those who dare
to express the filtered-out ideas... it
is literally thought-policing. It’s hard to imagine anyone being in
favor of that..."
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US-WW ISSUES (World & War): M-East .. plus
Global depression is on…China, RU, Iran search for State
socialis+K- compet. D rest in limbo
"Perhaps nobody knows what President Trump will do next, including
President Trump, but right now it looks
like he has successfully maneuvered China into a trade trap..."
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“Unfortunately we will
have to keep the Italian Roma
because we can’t expel them,” Salvini said.
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SPUTNIK and RT SHOWS
US inside GEO-POL n GEO-ECO ..News
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[[ Syrian Democratic Forces SDF is the troyan horse (mercenary)
from US-NATO ]]
RELATED 1
RELATED 2
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Turkey is another invader of Syria –with own Otoman agenda-
now playind with RU & US-NATO
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RT SHOWS
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NOTICIAS IN SPANISH
Latino America looking for alternatives to neoliberalism to
break with Empire:
Nazanín
Armanian
--Ruanda, Paul Kagame y Judi
Rever (2/2) Bertrand Loubard
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--Argentina 1-Israel 0 José Steinsleger
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-pero no podemos mirar el mundial en vivo porque
piden afiliación a intern y cable US
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Especial El precio de la destrucción
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INFORMATION CLEARING HOUSE
Deep on the US political crisis, their internal conflicts n
chances of WW3
Western Media Whitewash Yemen Genocide By F Cunningham Continue
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The Key Word In The Trump-Kim Show By Pepe Escobar Continue
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The West Really Hates China? By Andre Vltchek Continue
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Chaos in the Imperial Big House By Glen Ford Continue
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Europe Faces Crossroads as Atlantic System
Crumbles F. William Engdahl Continue
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This Is
Fuc*ing Outrageous
Listen to Children Who’ve Just Been Separated From Their Parents at the Border By Ginger Th
Listen to Children Who’ve Just Been Separated From Their Parents at the Border By Ginger Th
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It’s Time to Abolish ICE By Sean McElwee Continue
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Missing in Action: The Poor in America By Beverly Gologorsky Continue
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Twelve Tips For Making Sense Of The World By Caitlin Johnstone Continue
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GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that leads to more
business-wars: its profiteers US-NATO
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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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PRESS TV
Global situation described by Iranian observers..
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