Sund
July 29 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
[[ We the PEOPLE lost the TTRADE
WAR of TRUMP.. not the billionaires ]]
"It’s
been a long time, if ever,
that we’ve
done two price increases back to back as quickly as we did."
In May, President Trump imposed steel and aluminum tariffs
on the EU, Canada, and Mexico to help preserve America’s manufacturing base. The response: steel and aluminum prices have risen 33% and
11% respectively since the beginning of the year, as manufacturers began to
price in the tariffs.
SEE Table:
Moreover, tariffs on additional
imported products from China have added even more costs for producers, which
are now being aggressively passed through to the consumer.
"You’re going to see higher prices passed on to consumers…almost
immediately" Matt Gold, a former
deputy assistant U.S. Trade Representative for North America under former
President Barack Obama, told CNBC. "A lot of goods
are already warehoused that were imported months ago, so it takes a bit of time
to catch up, but prices catch up pretty fast," he added.
To be sure, the latest
Markit PMI already warned about the threat of sharply higher prices,
noting that "July saw
the steepest rise in prices charged for goods and services yet recorded by the
surveys as firms passed rising costs on to customers, in turn frequently linked
to tariffs."
In a move that is sure to infuriate President Trump, CEO Scott Wine said he could soon
move production facilities of road bikes that it sells in Europe to Poland from
Iowa to avoid European Union tariffs.
Last week,
Coca-Cola CEO James Quincey said tariffs are going to
inflate drink prices.
Beverage inflation is not just coming to soda, executives at Sam Adams brewer Boston Beer
warned their prices could move up 2 percent this year.
The list goes on. And its effect are hurting the REP
party
FARMERS: Meanwhile, the
agriculture industry and farmers, especially of soybeans, have been crushed by
retaliatory tariffs. Last week, the USDA issued
a proposed $12 billion bailout for U.S. farmers: the farmer subsidy would
include direct payments to soybean, corn, wheat, cotton, dairy, and pork
producers impacted by tariff retaliation.
So with the 2018 Midterm Elections in sight, President
Trump’s trade wars are hurting potential republican voters right where it hurts
the most: in the wallet, and the higher prices are
spreading to increasingly more goods and services. As a result, consumers are forced to dip into their savings and spend on
credit to survive as the prices of goods soar.
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MY
OPININ: Hugo Adan, July 29-18
[[ Does printing money from thin air will solve
the problem? Or aggravate US DEPT.. Let’s see: We need a conciliatory deal with China and with
Trump in power it could’ve happen but nobody trust his words & flipping any
longer.. He is in limbo now.. With him it won’t happen..
Not with Pence either and much less with the war-monger Hillary Clinton…
The route is paved either for independts & FDR
solution; or WW3.. In both cases: ruling
power is crash: Top-down REV is still AT PORTAS. We wanted or not: SOCIALISM:
FDR style..may come. We are very close to
it IF SO:
Bye Bye CEOs and their neoliberal Frauds. The other, REV: BOTTOM-UP could open its way too.. It could become
an option if ultra-rightist or neo-fascist comes to power. ]]
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In the first six months of 2018, the e-commerce giant added
9,700 employees to its global workforce, which is less than the average monthly growth of 2017.
Open Statista:
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Narrow
Market Breadth, and Concentration...
See Chart:
See other charts at
SOURCE: https://www.zerohedge.com/news/2018-07-29/two-things-goldmans-clients-are-most-worried-about-now
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"There is a huge
difference between believing in gold and believing in the gold business...
To the gold business, deflation is a killer... but, to a true goldbug, either inflation or deflation suggests the
monetary world is off its axis. "
See Chart:
….
See other charts at:
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US
DOMESTIC POLITICS
Seudo democ y sist
duopolico in US is obsolete; it’s
full of frauds & corruption. Urge cambiarlo
US RULERS WANT WW3.. NO PEACE
This policy goes beyond weapons deals to encompass economic issues. Forget about the international rules stipulated by the
UN Charter and WTO documents -“arms-twisting” has become an element of US foreign
policy.
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"The damage CNN is
doing to the country and the world is beyond description. My
greatest concern is they are fueling
a Civil War and what comes AFTER Trump? The people will NOT be satisfied with a career politician any
longer. "
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"I
told the president directly that I thought that his language was not just
divisive but increasingly dangerous... that it was putting lives at risk, and
undermining the democratic ideals of our nation"
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US-WW ISSUES (Geo Econ, Geo Pol
& global Wars)
Global depression is on…China, RU, Iran search for State
socialis+K- compet. D rest in limbo
"Russia
at its very worst is a moderate threat to the US. China is the real strategic threat. They’ve coopted much of the US
political and financial system."
…
The real enemy of US Nation we have it inside: big Corp
manufacturing weapons & war abroad & the predatory bankers &
financiers who get free money from FED to recycle fake a Econ, frauds & USD
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"If
trade tensions create risk to growth, we should expect a much more
vigorous – though still defensive – policy
response."
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His lawyer
says it's bullshit after legal team left in the dark
…
[[ If UK transfer this hot
potato to US.. rebelions world wide will start
against Embassies and Comp from US-UK
(sabotages included) .. International brigades
are getting ready to respond to any aggression on Assange. People now is seeing
any type of aggression on him as aggression on their FREEDOM of
expression and FREE PRESS. .. BEST SOLUTION from UK-US
is to return Assange to his country . STOP more violence on streets & the coming hidden attacks at embassies
& US comp ]]
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"No one has practiced more
fascist-style criminality and brutality towards law and peace than
the polite-sounding pseudo-democrats who have been in office for the past 70 years in the US and Europe. "
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Next week the West will define their Economic future: Peace vs. War is at stake
"NOW THE REAL ECONOMIC WAR BEGINS, WITH
AMERICA AND EUROPE ALLIED" This is fake news
Not even Merkel can say that European Union is really well united.
Fact: controvers with US remain
"We
will work closely together with like-minded partners to address unfair trading
practices, including intellectual property theft, forced technology transfer,
industrial subsidies, distortions created by state-owned enterprises, and
overcapacity."
…
The real new comes in the other article below:
Meanwhile the fact is that the whole world is in big crisis, including JA
& Europe. We are all having DIALOGUES not real agreements. Most countries in the
West want DIOLOGUE with China & in reverse.. while the US is
blocking this effort by disseminating false News
Here the article:
Not so fast
with that vacation: next week, a whirlwind of economic and financial events is
about to be unleashed around the globe.
Read This’
In terms of the data due out next
week, Friday’s employment
report in the US will be the main focus. Consensus expects that
193k jobs were created in July, following the 213k print back in June.
The unemployment rate is expected to fall one-tenth to 3.9% which would put it
a tenth above the post-financial crisis low, while average hourly earnings are
expected to come in at +0.3% mom which should keep the annual rate at +2.7%.
Commenting on the market reaction, Bloomberg notes that
"the jobs report will be keenly watched as always, but while the last one
weighed on the dollar, it’s worth noting that Treasury market reaction in
recent months has tended to be relatively fleeting." And with the unemployment rate no longer a source of signal,
and at record lows, focus will
remain on the increase (or decrease) in the growth rate of average hourly
earnings and what that might say about inflation more broadly.
There is also a fresh batch of inflation data from around the globe, where many expect a continuation of the recent tapering in rising prices. .. The trade war will get another push
next week when the end of the review period for
potential tariffs on $16 billion of Chinese goods arrives on Tuesday.
In the last busy week of Q2 earnings season for the US, we
will see 145 S&P 500 companies
report. The
highlights are Caterpillar on Monday – which is always a good barometer
for global growth – Apple, Procter & Gamble and
Pfizer on Tuesday, Metlife on Wednesday, Dupont on Thursday, and Berkshire
Hathaway on Friday. In Europe we’ll also get releases from Volkswagen, Siemens, BP, Barclays and Credit Suisse.
See Chart:
[[ We are all having
dialogues, not country to country agreemts. We don’t
even have our own Agreement inside.
Can Trump say that the coming dialog with Italy PM is a country-country Agrt? ]]
Finally as Deutsche Bank's Craig
Nicol points out, other scheduled events next week which could warrant
keeping an eye on include President Trump hosting
Italian PM Conte on Monday at the
White House, UK Foreign Secretary Hunt co-chairing the
China-UK Strategic Dialogue with China counterpart Wang Yi, also on
Monday, [[ Of course China will listen a country
that is in limbo (brexit vs New Ref) but China will pay
attention to Facts –sanctions included-, not
blah-blah.. It is clear that China
didn’t like Trump blackmails.. China is not
N-Korea.. Only a naïve ruler could have such misperception. We the nation are
paying the effects of that big mistake]]
Russian Foreign Minister Lavrov meeting Japan Foreign Minister Kono on
Tuesday, and the US Treasury releasing its latest
borrowing plans on Wednesday.
Summary of
key global economic indicators and
events this week
See table :
….
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SPUTNIK and RT SHOWS
US inside GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars
& danger of WW3
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John McCain Backs Bill to Block Trump From
Exiting NATO Without Senate's Consenthttps://sputniknews.com/us/201807301066785680-mccain-bill-block-trump-exit-nato/
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RT SHOWS
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NOTICIAS IN SPANISH
Lat Am NEW FOCUS: alternat to neo-fascist regimes, breaks to
HR, Peace & support to US-terrorism
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NICAR Buscar: Telesur Nicaragua Ortega afirma que violencia fue
financiada
por
el US a través de USAID (31 Mill) y NICAD (bloqueo Ec-Fin a Nic)
Ortega: Unir
empresari, pueblo y Gob fue mi prop y sigue siéndola.
Pueblo
+ policía y FFAA: hijos de Rev Sandin derrot golpe d 19 abril
La Rev
Sand regresa y avanza hacia la PAZ: parte d secto
empresari
y
de Conferencia Episcopal apoyan Reforma pacifista de Ortega . El
intervencionismo USA
ha sido derrotado. El pueblo defendió su Rev
Hay memoria histórica en
Nicar y eso no lo derrota la violen Imper
Escucha a Patricia Villegas de Telesur. Las
mujeres esta con Nicarag
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Trump
amenaza con cerrar el Gobierno solo se puede disolverlo en tiempo de guerra
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Entrevista "Juntos
valemos mucho más que por separado"
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GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that leads to more business-wars
from US-NATO allies
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PRESS TV
Resume of Global News described by Iranian observers..
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