Wed
AUG 8 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
World recession is
been accelerated
The Great Fall Of China continues...
See Chart:
European stocks limped lower on the
day...
See Chart
US Stocks ended ugly with only Nasdaq holding gains...
See Chart:
S&P and Nasdaq remain shy of
their record highs... (nasdaq up 7 days in a row - longest streak since March)
See Chart:
Treasury yields went absolutely
nowhere today - not something we can remember seeing.
See Graph
Another intraday reversal for the dollar index which ended
lower...
Bloomberg dollar index .. worse dawn
See Chart:
But the move of the day goes to the Loonie which plunged on
headlines that the Saudis would be dumping Canadian assets (as retaliation for
poking their nose in the kingdom's business), but then
decided that this was great news and the canadian dollar exploded higher...WTF!
See Chart:
Gold.. the cheapest one in 11 years
See Chart:
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Original
Source:
In short, Austrians
believe money is never neutral
(not in the short, medium, nor long run)...
See Table VII-1
In short, Austrians believe money is never neutral (not in the short,
medium, nor long run), and institutions that deal with it (banks in particular)
must be founded on universal legal principles which prevent a “falsification” of relative prices due
to strictly monetary factors. Such
falsifications lead to the widespread malinvestment of resources, and
inevitably, to crisis and recession.
Thus Austrian theorists consider the following to be the
three essential principles of macroeconomic policy, in order of importance:
1. The
quantity of money must remain as constant as possible (i.e., as in a pure gold
standard), and credit expansion must be particularly avoided. These objectives require a return to the
traditional legal principles which govern the monetary bank-deposit contract
and the establishment of a 100-percent reserve requirement in banking.
2. Every attempt should be made to insure that the relative prices of
different goods, services, resources, and factors of production remain
flexible. In
general the greater the credit and monetary expansion, the more rigid relative
prices will tend to be, the more people will fail to recognize the true cost of
a lack of flexibility,and the more corrupt the habits of economic agents will
become. Agents will eventually come to accept the misconceived idea that the
vital adjustments can and should always take the form of an increase in the
quantity of money in circulation. In any case, as we have already argued, the
indirect, underlying cause of economic maladjustments lies in credit expansion,
which provokes a generalized malinvestment of resources, which in turn creates
unemployment. The more rigid the markets, the higher the unemployment.
3. When economic agents enter into long-term contracts negotiated in
monetary units, they must be able to adequately predict changes in the
purchasing power of money. This last requirement appears the
easiest to satisfy, both when the purchasing power of the monetary unit
declines continuously, as has occurred since World War II, and when it
gradually and predictably rises, as would occur following the adoption of a
policy to maintain the quantity of money in circulation constant. In fact the
condition is even more likely to be met in the second case.
….
….
SOURCE: www.zerohedge.com/news/2018-08-08/difference-between-austrians-everyone-elsein-one-easy-chart
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US
DOMESTIC POLITICS
Seudo democ y sist
duopolico in US is obsolete; it’s
full of frauds & corruption. Urge cambiarlo
"Dewayne Johnson is one
of more than 5,000 plaintiffs
across the United States..."
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"At this point we expect the White House to implement tariffs on
the majority of thenext round of $200bn
in imports proposed in July (70% chance)."
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"When we get tired of
blowing up Muslims for Israel, will
we turn on ourselves?"
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Hersh "has single-handedly broken more stories of genuine world-historical
significance than any reporter alive (or dead, perhaps)..."
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The places
where most of your paycheck goes to rent is actually cities with high salaries
but very high rent. Only College Station and Orlando have relatively low rent
and make the list because of low salaries.
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“THE ECONOMIC IMPACT FROM
THIS PROJECT WILL BE FELT REGIONALLY,”
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Stupid distortion on socialism. The
FACT is :Socialism is growing up faster than Geopis & Dems
" Once upon a time,
Sanders understood the 'need' for violence and even murder in the creation of
the socialist state, and he tacitly approved it. Today, he and
Ocasio-Cortez pretend that they
can peacefully create that happy utopia where everyone is happy,
and there is a coffee shop on every corner."
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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
The newly
imposed sanctions would ban licenses for export of sensitive national security
goods to Russia, downgrade diplomatic relations, suspend Aeroflot's ability to
fly to the US and to cut nearly all exports and imports.
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"The U.S. is trying to conclude the trade disputes swiftly, but China is
prepared for a protracted war... China has time to fight to the
end. Time will prove that
the US eventually makes a fool of itself."
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Despite the
deep slide, the currentoptimism that
the Aussie has found a bottom may be a tad premature.
See Chart:
See more charts at:
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[[ US’NUKE BLACMAIL SUCCEED ..
BUT WHAT IF… ]]
Indian Oil Corp, the
biggest refiner in India, has
purchased a total of 6
million barrels of U.S. crude oil for delivery between November and January, as
it has started to look for a replacement
of Iranian oil cargoes...
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"During my time in
Iraq working for the State Department... I frequently lied to the media. I lied to them about how things were going,
I lied to them about how successful we were... they weren’t
looking for 'the story' just 'a story'.."
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SPUTNIK and RT SHOWS
US inside GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars
& danger of WW3
CREATING PRETEXT FOR WW3 & saving UK
from BREXIT chaos
RELATED 1:
RELATED 2
RELATED 3
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US has to facilitate the sending of
Assange to his country to freely talk on
whatever they ask. If Assange is sent to US International brigades may
act against US-OK embassies & companies. It is a freedom of speech that
matter now. If Assange is sent to US , it will be
evidence of Empire-fascism That will be answer in the proper way at
intenational level. That may start in Europe & South-Ame
…
TO READ A US NOTE ON THIS MATTER: OPEN https://twitter.com/wikileaks/status/1027189379733901312/photo/1?ref_src=twsrc%5Etfw%7Ctwcam
…
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RELATED:
The whistleblower has a right for asylum either in Ecuador
or in his home in Australia ??
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RELATED
Kevin Kamps, Radioactive Waste Specialist at the organization
Beyond Nuclear, joined Radio Sputnik's
Loud & Clear Wednesday to discuss this issue:
"The
number of deaths and injuries are mind-boggling: 140,000 deaths
in Hiroshima, a city of 360,000. Nagasaki — because the bomb
didn't hit downtown exactly because there was cloud cover that interfered
with the targeting — [resulted in] another 70,000 [being] killed.
What an announcement of the atomic age that that was," Kamps
told
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Violence come from PALs said Israel.. They’re inventing lies
to continue genocide on Palestianians
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British Nation is more ‘Largely
Against’ their police and the Clown Johnson
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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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ALC Atilio Boron “El momen actual se caracteriza por
Am Lat en disputa”
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No lo creo: basta que de ojivas
nucleares e Iran se defiende solo
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FEM Sükran
M: “socied patriarc detesta mujeres que se
rebelan” Quiza en paises islámicos pero a
nivel mundial las mujeres lideran Mov rebeldes. Lo fue siempre así en Perú, Bol
y Chile
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Keiser
Report "EE.UU. ya no es capaz de
competir con China"
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INFORMATION CLEARING HOUSE
Deep on the US political crisis: neofascism & internal
conflicts that favor WW3
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“In Truth, My Israel is Dead,” Dame Vivien
Duffield By Daniel Sugarman Continue
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John Pilger: Julian Assange Countdown To
Freedom By Dennis Bernstein
and Randy Credico
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VIPS Plead for Humanitarian Asylum for Julian
Assange By Veteran Intellig
Professionfor Sanity
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Apple, Google, Youtube, Facebook, Twitter
Subvert the US Constitution, Free Speech, and American Liberty By Paul Craig Roberts Continue
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Random Slaughter - “The NSA Tracks Them and
the CIA Whacks Them” Must Watch - By B Binney
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Institutionalizing Intolerance: Bullies Win,
Freedom Suffers When We Can’t Agree to Disagree
By John W. Whitehead Continue
By John W. Whitehead Continue
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GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that leads to more
business-wars from US-NATO allies
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DEMOCRACY NOW
Focus on Trump policies & the Econ & Pol crisis he
creates
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PRESS TV
Resume of Global News described by Iranian observers..
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