sábado, 27 de octubre de 2018

Oct 27 18 SIT EC y POL



Oct 27  18  SIT EC y POL
ND denounce Global-neoliberal debacle y propone State-Social + Capit-compet in Econ


Very sad news: HORRIBLE MASSACRE of INNOCENT PEOPLE in Pittsburgh PA
What we know so far...
  • 11 dead.
  • 6 injured.
  • Gunman stormed Tree of Life Synagogue at corner of Wilkens and Shady Avenues.
  • Shooter was injured and cornered on third floor of synagogue
  • Three cops have been wounded.
  • Gunman preliminarily identified as Robert Bowers, 46 years old, white male.
  • He reportedly shouted "all Jews must die" at police as he was being subdued.
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“While police have yet to confirm the identity of the suspect, who was identified at the scene as 46-year-old Robert Bowers, images of a suspected social media account that may belong to Bowers have surfaced, and as one might imagine, they are replete with anti-semitic rhetoric.

Shortly before the incident began, a man believed to be the shooter posted "screw your optics, I'm going in" on his gab account, suggesting that he needed to act before a Jewish organization brought in more refugees...”

ZERO HEDGE  ECONOMICS
Neoliberal globalization is over. Financiers know it, they documented with graphics


"If complacency is one of the words most associated with the pre-Lehman years – even Queen Elizabeth asked publicly afterwards, "Why did no one see this coming?” – then paranoia may be the one most tied to what remains of this cycle."

This month's violent market rout, which sent both the S&P500 and Dow to unchanged for the year and pushed most global markets into a bear market, has delivered several other dubious distinctions across asset classes. After seemingly untouchable, many credit spreads (US HY, Euro HG and HY) have widened to their highest levels this year....
See Chart:


.. while EM Equities and EM Asian currencies have made new 18-mo lows, and every market - including the Nasdaq, commodities and US Leveraged Loans - has underperformed the trade weighted USD in 2018.
See Chart:

In other words, like many other banks, JPM still needs retail investors and institutional clients - those who are reading its research reports - to keep buying what JPMorgan has to sell. We are "confident" that JPM will be honest enough to tell its clients when it sincerely believes that the bull market is over, even as it keeps on doubling down on its BTFD calls all the way down.
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As the shale industry goes from 30 to 60 to 70 stage frack wells, this takes one hell of a lot more pipe, water, sand, fracking chemicals and of course, money...

Using Mike’s figures, I made the following chart below:
See Chart:


For the U.S. Shale Oil Industry just to pay back its debt, it must produce 9 billion barrels of oil. That is one heck of a lot of oil as the industry has produced about 10 billion barrels to date.  Again, as Mike states, it would take 9 billion barrels of shale oil to pay back its $285-300 billion of debt (based on the shale industry’s very own breakeven prices).

Furthermore, the shale industry may have to sell a quarter of its oil production (1.5 million barrels per day) just to service its debt by the end of 2019.  According to the EIA, the U.S. Energy Information Agency, total shale oil (tight oil) production is now 6.2 million barrels per day (mbd):
See Chart:

The majority of shale oil production comes from three fields and regions, the Eagle Ford (Blue), the Bakken (Yellow) and the Permian (light, medium & dark brown).  These three fields and regions produce 5.2 mbd of the total 6.2 mbd of shale production.

Unfortunately, the shale industry continues to struggle with mounting debt and negative free cash flow.  The EIA recently published this chart showing the cash from operations versus capital expenditures for 48 public domestic oil producers:
See Chart:

See more Charts at:
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"...this week’s technical breakdown really concerns me."
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio




"...trade deficits themselves are not at all problematic...The problem lies withgovernment spending and monetary inflation, precisely those activities that global businesses have been taught either to ignore or, worse, to embrace and lobby for."

Read this:
The problem lies with government spending and monetary inflation, precisely those activities that global businesses have been taught either to ignore or, worse, to embrace and lobby for. Privately contracted debts, such as those part of a trade deficit, are privately paid. Publicly contracted debts, however, such as those recorded in government debts and budget deficits, and financed with credit expansion, are paid by the taxpayers. The same Mises (2009, 227-8):

In asking taxes for such payments the government makes the citizens answerable for money squandered in the past. The taxes paid are not compensated by any present service rendered by the government's apparatus. The government pays interest on capital which has been consumed and no longer exists.
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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-, D rest in limbo


[[ Very xenophobic & stupid art: we control all the borders of China and they make an agreement with Japan to secure their mutual Economic and political stability ]]

"This potential pivot could give China indirect control over the US’ border security by making it responsible for stability in those countries after replacing American aid there..."
[[ JA-China don’t the US and Central America need investors that US can’t provide ]]
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Gazans reported explosions so massive they seemed to turn night into day...
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"We are preparing to defend our homeland, our territorial integrity, our principles, our values, our people."
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO  ..Focus on neoliberal expansion via wars & danger of WW3


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RT SHOWS

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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes & terrorist imperial chaos

REBELION
COL        Lecciones farianas  Iñaki Gil de San Vicente
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VEN       Luis Britto: intelect crean piso ideológico del bolivarianismo”  R M
ECON    François Langlet:  La próxima crisis será más grave  ND
OPIN     Jamal Khashoggi entendía el poder  Robert Fisk
CULT      -¿Por qué socialismo?   Albert Einstein
                Verdad y certeza en debate entre realismo y antirreal  Sergio Urueña
                Gramsci y el fascismo  Gianni Fresu
Macho   Polvos, lodos y machismo  Miguel Lorente
ALC        Brasil, America Latina y nuestro futuro  Oscar Soto
                Nicaragua: ¿tolerancia cero?  Guillermo Pérez
                ARG  Macri y su fábrica de hambre  Carlos A Villalba
                Bolivia -Suéltame pasado  Joaquín Ayma
                Perú      La crisis politica en el Perú   Rafael Guzmán
Mund    Un halcón mensajero de la paz  Rodolfo Bueno
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                Colocar al Parlamento en el centro del debate  Roberto Veiga
                Nosotros, los contraventores
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RT EN ESPAÑOL

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COUNTER PUNCH
Analysis on US Politics & Geopolitics


Marco Armiero et al   The Poor, the Rich and the Immigrant
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Evaggelos Vallianatos  The Spectre of Genetic Catastrophe
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Johnny Gaunt   EU or Socialism? 
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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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