Sund
Oct 7 19 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
“How did you go bankrupt?”
“Two ways. Gradually, then suddenly.”
[[ Another 2008? For financial speculators
Economic crisis means big business: HOW CAN WE PROFIT FROM IT?” is
their Qt . Check 1-2 3 below ]]
1-
“How did you go bankrupt?”
“Two ways. Gradually, then suddenly.”
“Two ways. Gradually, then suddenly.”
- Ernest Hemingway, The Sun Also Rises
Yet for some reason financial
market psychology suddenly shifted from euphoria to terror. Long-term interest rates spiked...
See Chart:
...the dollar rose...
See Chart:
...and stocks tanked. The NASDAQ
especially was slammed by the sudden reversal of its previously-bulletproof
FAANGs:
See Chart:
What
happened?
Apparently the weight of accumulating problems finally
became too great to ignore. Interest rates had been rising for a while as
inflation bumped up against Fed targets, but traders only noticed when the
10-year Treasury yield pierced 3%. This cycle’s housing boom had been moderating
since June, but lately the bottom seems to have dropped out, generating
headlines like this:
And the emerging market crisis –
easily managed if the dollar just went back down – suddenly feels permanent as
rising interest rates pull the dollar along for the ride. Here’s a recap of
last week’s EM action, courtesy of Doug
Noland’s Credit Bubble Bulletin:
The
South African rand sank 4.3% this week, with the Chilean peso down 3.0% and the
Colombian peso falling 2.0%. Asian currencies were under notable pressure,
with the South Korean won down 1.9%, the Indonesian rupiah 1.8%, the Indian rupee
1.7%, and the Thai baht 1.6%. The Russian ruble declined 1.6%, the Polish zloty
1.3% and the Turkish lira 1.3%. As for major equities indices, stocks in both
Turkey and India sank 5.1%. Equities fell 4.4% in Taiwan and 3.7% in South
Korea. Argentine stocks sank 9.8%, with Mexico down 2.9%.
As much
as currencies and stocks were under pressure, the more ominous EM moves were in
bond markets. Ten-year (local) sovereign yields surged 33 bps in
Indonesia, 26 bps in Russia, 21 bps in South Africa, and 14 bps in Hungary. And
dollar-denominated EM debt provided no safe haven. Venezuela’s 10-year dollar
yields surged 70 bps to 38.55%; Argentina’s 64 bps to 9.90%; and Turkey’s 52
bps to 7.86%. Ten-year dollar yields jumped 19 bps in Indonesia, 19 bps in
Chile, 18 bps in Russia, 17 bps in Mexico and 14 bps in Colombia.
The
lesson?
When market psychology changes it frequently does so
overnight from the point of view of people who weren’t paying attention. But for those who were watching things deteriorate under the
surface, the change is actually long overdue.
So the real question isn’t “why is
everything changing?”, but “why did it take so long?”
And of course: “If this is the start of another 2008-style
Great Unraveling, HOW CAN WE PROFIT FROM IT?”
Right now the obvious answer to the second question is to
short everything in sight, joining the long-suffering
short sellers who on Thursday and Friday made back a small bit of their past
few years’ losses. Here, for instance, is last week’s action in the most
shorted of all stocks, TESLA case (full disclosure — DollarCollapse staff are happily
short this one):
See Cart:
And last but definitely not least: “How
far out of control will central banks allow the leveraged speculating community
to spin” before they reverse course and start cutting interest rates and
ramping up next-gen QE programs — and how deeply
negative will interest rates have to go to stop the bleeding?
If this sounds like paradise for
precious metals, that’s because it is – in theory. Negative interest rates offset the carrying costs of gold and
silver stored in vaults, making bullion obviously superior to dollars/euros/yen
stored in bank accounts. An added attraction is the new generation
of gold-backed debit cards and cryptocurrencies that add
portability to these ancient forms of money.
History doesn’t
repeat perfectly of course, but this set-up is close
enough.
….
….
----
----
2-
A decade of
0% interest rates allowed America to borrow without consequence. Payback time
is just starting. Next year’s interest expense will be a stunning 50% higher
than 2017 thanks to rising interest rates and still-expanding budget deficits.
See Image:
….
----
----
3-
“There are a lot of people waiting
for the world to end because of this bond market...”
See Chart:
We await the contagion.
And if The Fed keeps up its pace of
balance sheet normalization, things are about to even uglier, even faster...
See Chart:
See more interesting charts at:
….
----
----
US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
[[ The angry mob will get the
response described by Sen Graham ]]
"You
don’t hand matches to an arsonist and you don’t give power to an angry left-wing mob"
----
----
DID DEMOCRATS JUST KILL THE "BLUE
WAVE"?
.. wishful thinking or Qt.. take it as warng: repr
"The Left hopes that they have further sullied Republicans in this
episode, but they have shown to
many that the Republicans is the party of fairness and themselves extremists..."
[[ The
fact is that is coming a new round of fake ‘Ec-prosperity’. See 1-2-3 above. So Trump’ blah-blah-twits: will take
advantage of it. The labor will be heavily impoverish and the FEM paid rage
won’t be able to connect with labor their discontent.. Wrong Feminist uprising
during the Kav theater has been hit and it will vanish soon. The only way for
the left to respond current chaos is to fight for Econ balance between labor
and finances as FDR did it in time of Econ crisis. So we have to get the Labor
unions out of the bureaucratic tentacles of the octopus monster (the one with double head: Dems & Gopis
parties) financed by same big Corps. All
economic demands against explosive inequality and salaries oppression has to be
put together with the pol-democratic demands for new electoral rules (A- third option must be introduced so they will have proport
represent in the senate whatever their %
get in election. B- Elimination of super-pack to
buy election and eliminations of super delegated to manipulate them. C –
the press for political debates must be public and
accessible to 3 parties, so C-SPAN org must have the monopoly of
electoral debates. If rulers don’t allow
this pacific transit to put together the labor Econ & political demands
against big Corp’ rule .. then we have the other option: get ready for socialist revolution. In short: the
assumed “blue wave” was fake .. it was a paid Mov. The red wave doesn’t exist
either: the expected victory with Kav was transit and it didn’t restore
credibility in Trump policies nor will allow chances for polit legitimacy in
the Senate to whatever policy Trump propose .. unless is WW3 that both parties support.
That will’ve a suicidal and a huge threat to American life and the whole
humanity. So Trump doesn’t have any
choice but a geo-economic negotiation with RU and China.. The main problem is to dismantle nukes
& get PEACE .. I don’t think Trump is able to do
what FDR did it.. nuke neutrality 1st & then dismantle Nukes.
FDR couldn’t do d 2nd part.
He was defeat by FED courts who dismantled his New Deal instead. Trump won’t be able to do it either. He don’t even
has the mind & power to face this issue. There is nothing we can get with
him and a lot of to lose at Nation level. That is the reality in Amer
politics, we wanted or not. ]]
----
----
Still, eight of the metro
areas on the top 20 list were in California, which has an unemployment
rate of 4.2%, slightly higher than the national rate...
See Table:
----
----
"The ACLU used to be cash poor but principle-rich. Now,
ironically, after Trump taking office, the
ACLU has never become so cash-rich, yet principle-poor. "
[[ Peace
of cake for Kap-Trump?.. How to get out from this riddle? 3 options.. Op 1: trash ACLU, we don’t need it. Op 2: Cut their wings, neutralize them. Op 3: Re-structure the system, actors & instit
players & allies. So, redefine US policies inside-abroad. Best option with
a new Trump as US Presid ]]
----
----
"justices
can’t afford to hold grudges"
----
----
Still, eight of the metro
areas on the top 20 list were in California, which has an unemployment
rate of 4.2%, slightly higher than the national rate...
See Table:
…
----
----
Because if
you’re going to tell people you’re their savior, you better be ready to be held to a higher standard."
----
----
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
"at
this time we have no reason to
doubtthe statements from the companies named in the story."
----
----
Bangladesh saw its ultra-rich club expand by 17.3 percent between 2012
and 2017... by far the most of any
other world nation.
See Chart:
----
----
Desperate for funding to fend
off a financial crisis fuelled in part by mounting debt to China,
Pakistan is playing a complicated game of poker that could hand Saudi Arabia a strategic victory in its bitter feud with Iran
at the People’s Republic’s expense.
See Figure:
----
----
China is a
major focal point in the report, mentioned more than 200 times...
----
----
SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO
..Focus on neoliberal expansion via wars & danger of WW3
RELATED:
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
RT SHOWS
----
----
----
----
----
Going Underground Geoffrey
Robertson on Trump v the ICC and Brazil’s Election
----
----
NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes &
terrorist imperial chaos
REBELION
USA Mujeres pagadas para difamar a la cárcel Si al juez Kavanaugh
----
----
ALAI
NET
----
----
----
----
----
----
----
----
OTAN asegura que bombardeó
Yugoslavia "para proteger civiles" a
Clinton y M L
----
En Estado no-isl-USA la falsa esclava sex de
un Juez ira a la cárcel por difamación
----
----
----
GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that leads to more
business-wars from US-NATO allies
----
----
----
----
----
PRESS TV
Resume of Global News described by Iranian observers..
----
----
----
----
----
----
----
----
----
----
----
----
----
----
===
No hay comentarios:
Publicar un comentario