Fri
AUG 10 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
After producer prices disappointed modestly yesterday, prompting treasury
yields to tumble, all eyes are on consumer prices today as it met expectations
rising by 2.9% YoY - the fastest rate of increase since Dec 2011 - thanks
to soaring rent/shelter costs.
See Chart:
Core CPI
highest since 2008...
Under the
covers, one of the bigger drivers was a surge in shelter costs...
See Graphic
Shelter
inflation rose 3.5% YoY and Rent Inflation rose 3.6% YoY
See Chart:
Just a
good thing wages are rising... oh wait!!
…
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So much for Erdogan caving to the "LIRA VIGILANTES." So, Erdo was right: manipulation
See Chart:
Turkish yields have resumed their surge to all time highs...
See Chart:
. and the
TUR ETF is plunging.
See Chart:
Meanwhile
fears of Turkish contagion have sent European banks tumbling to the lowest
level since July 23.
See Chart:
….
….
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And just like that, a million hopefulvoices cried out in horror...
See Chart:
For years hope has been soaring that household income will
rise any minute now...and despite two years of disappointment, they remain
optimistic...
See Chart:
But unemployment is so low?
Full-employment? Wage pressure? Hmm, maybe that dismal participation rate is
more important that we thought...
See Chart:
Just keep
believing America!!
….
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Investors are ignoring the US mid-termsso far...
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US
DOMESTIC POLITICS
Seudo democ y sist
duopolico in US is obsolete; it’s
full of frauds & corruption. Urge cambiarlo
A federal
judge held an associate of Roger Stone in contempt of court for refusing to
testify before a grand jury in special Counsel Robert Mueller's probe of
Russian interference.
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Just when
you thought it couldn't get any worse,
there was a
Trump tweet...
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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
"They are ruling the world on their
own.Somebody must find a solution and say ‘stop’ to the United States."
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Erdogan is
fighting against a very dangerous economic foe. Himself.
See Chart:
Turkey took all the
actions that MMT lovers applaud. The Erdogan government seized
control of the central bank, and decided to print and
keep extremely low rates to “boost the economy” without any measure or control.
See Chart:
Now the
risk is rising for the rest of Europe.
On one hand, the exposure of eurozone banks like BBVA, BNP, Unicredit to
Turkey is very relevant. Between 15% and 20% of all assets.
See Chart:
The biggest risk for
Europe will be to try to cover this mess with some aid
in exchange for refugee and border support. Because what is already a relevant
risk, but contained, will likely balloon to unmanageable proportions.
….
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While
Turkey is technically considered an emerging market, where it makes a sharp
break with convention is that its external funding need is greater than the average
Frontier Market...
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"THIS IS A FUCKING BLOODBATH... LIQUIDITY HAS DISAPPEARED"
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This over-reliance on imports
from individual OPEC members puts China in ageopolitically precarious situation.
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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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Despiadado
el ataque contra Turquía .. a árbol caído hacha con el
RELATED 1:
"It is
impossible to correlate the decision by President Trump
to impose additional duties on steel and aluminum to the World
Trade Organization rules. The US should know that they will not be able
to achieve any results by such sanctions and pressure. They will only
damage our allied relations, which have withstood serious difficulties.
As before, all steps taken against Turkey will receive a necessary response,"
the ministry said in a statement.
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RELATED 2: [[ It is not 1 Pastor & HR .. It is
Turkey + EU (RU oil implicit) that is at
stake ]]
[[
La paridad dolar-Lira fue
correcta pero llega tarde.. esto le da
al US una victoria temporal táctica .. pero la perspectiva estratégica está a
favor de Turquia. Europa y los paises emergentes + RU y China. Esta alianza puede hacer caer al dollar de un
sopetón. El bloqueo Econ al US es inminente y letal. RU-Chi están listas para
responder la declarac de guerra del US..el chantaje de sus sanciones Econ lo son. Eso es pillaje
descarado e ilegal además de estar reñido con principios éticos básicos. Las
brigadas harán su aparición y golpearan
objetiv Económicos y politicos a nivel mundial. El poeta Cesar Vallejo fue a España
a celebrar la caída del nazism y se dice que tuvo el honor de abrazar a quienes
pusieron en el tope de un edificio al dictador asesino Fco Franco. Esta vez también
celebraremos la lucha de los nuevos brigadistas. ]]
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War infestation? Mysterious Tentacle Creature Washes Up on
Vietnam Beach (VIDEO)
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Is Pilger making
path to put JA in jail Pilger
Says He Knows What Julian Would Tell US Sen- Comm
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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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CONTER PUNCH
Analysis on US Politics & Geopolitics
Melvin
Goodman The
CIA’s Double Standard Revisited
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Robert
Fantina Pity
the Democrats and Republicans
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Kristine Mattis a
Realist’s Perspective on the Environmental Crisis
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Jack
Dresser America’s
Secret War on Yemen
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Jeff
Mackler Nicaragua:
Dynamics of an Interrupted Revolution
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David
Macaray Missouri
Stands Tall on the Labor Front
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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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