ND FEB 13 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
Every time
since at least 1970 when government receipts have turned negative on an annual
basis, the US was on the cusp of, or already in, a recession.
On the surface, today's monthly
budget statement showed some good news: in December the US Treasury brought
in total receipts of $313 billion (and $771 billion for the fiscal year to
date), versus outlays of only $326 billion (and $1.09 trillion for fiscal
2019), resulting in a deficit of $14 billion, modestly worse than the $11 billion
deficit expected (and better than 2017's December deficit of $23 billion). The not so good news is that for the fiscal year through
Dec.31, the total US budget deficit was $319 billion, 40% greater than the $227
billion deficit for the prior year, and set to keep rising this year to $1.1
trillion.
See Charts:
Why is this important? Because as the chart below
shows, every time since at least 1970 when government receipts have turned
negative on an annual basis, the US was on the cusp of, or already in, a
recession. Indicatively, the last time government receipts turned negative was
just after the Trump presidential victory, which however managed a dead cat
bounce in the subsequent two years, before again turning negative at the end of
2018. The time prior to that that receipts turned
negative: July of 2008.
See Chart:
Federal Government Receipts 1
The "peak receipts" of the US
government are visible in the next chart, which show that after several years
of relatively flat government receipts, the new trend line is increasingly
lower.
See Chart: Federal Government Receipts 2
This begs the question what
are real corporate earnings? While we hear that EPS are rising, it
appears that at least for IRS purposes, corporate
America is already in a corporate recession.
It is also worth noting that while receipts are now declining, government outlays are rampaging higher,
with the US government spending $1.09 trillion in the current fiscal year, almost $100 billion higher than the $994 billion spent in
fiscal 2018.
Finally, as we showed
in the top chart, virtually every time when cumulative
12 month governmental receipts dipped into the red, the US economy suffered a
recession, with just two exceptions in the past 50 years, the last being
just after the Trump election. Can the president defy
history twice in a row and avoid an economic contraction with receipts
dipping negative for a second time in his administration?
…
[[ This is maybe the
reason why E-Warren suggest: Trump may end up in Prison ]]
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"Back to the future"...
See Videdo:
Buy the DIP at:
US equities drifted higher overnight,
surged at the cash open, dumped on Marco Rubio's tweet about taxing buybacks,
then ramped back to the highs - because, well... just because.... and then
faded as Trump asked Congress for more funding in the border bill...
See Chart:
Nasdaq futures plunged into the red late
in the day after Trump funding headlines...
See Chart:
Once again the
short-squeeze is invoked (5th day in a row)...
See Chart:
And once again
it was all buybacks supporting the bid...
See Chart:
Debt Ceiling anxiety is starting to appear
in the T-Bill curve...The slight
dislocation aligns with Wall Street strategists’ very early
forecasts as to when the Treasury could exhaust its extraordinary measures.
See Chart:
Treasury Bill Curve
After rallying for 8 straight days, the
dollar dipped yesterday... but that was all forgotten today as the dollar
soared back to new highs...
See Chart:
Bloomberg Dollar Index
The dollar strength weighed on PMs and
copper but oil prices surged despite inventory builds...
See Chart:
Finally, we note that the initial Plunge
Protection Team surge in global central bank balance sheets has now faded,
leaving stocks on their own... for now...
See Chart:
With a gaping spread to reality...
SEE Chart:
IT CAN'T HAPPEN AGAIN RIGHT?
See Chart: It happens
DECEIVING the FIGHT OF THE NATION IS NOT A
CRIME in the US?
We will know it when Trump finish his period.. meanwhile is clear that “el miente .. miente que
algo queda” ya no le funciona.. should
we change RIP for RIW..rest in war?
…
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"Now the corporate lemmings have rushed into mobile/social media
advertising. Never mind if the adverts work - we need a mobile presence now, and hang the cost!..."
Now the
corporate lemmings have rushed into mobile/social media advertising. Never mind if the adverts
work--we need a mobile presence now, and hang the cost!
The urgency was driven by the consumers' mass shift
to mobile devices, fueled by the rising global addiction to small screens.
See Chart:
Smart Phone Addiction Tightens its Global
Grip
Read an see more Charts at:
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Car debt? Cancel it.. Students change their Bank
code.. Just give them away
“More and more people are buying
too much car for what they can afford...”
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"Frank
obtained records that detail millions
of dollars in lawsuit settlement payments, legal fees and other funds
that Avenatti collected during the bankruptcy but did not disclose to the
trustee."
See Records incriminating him at:
…
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full
of frauds & corruption. Urge cambio
"Nations and firms that support Maduro’s
theft of Venezuelan resources will not be forgotten..."
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After Trump
issued the first ever AI executive order...
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Move over, Amazon...
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... if things are falling apart this dramatically now, how bad will things get when economic
conditions really start to deteriorate?
Almost everyone that goes
out to visit one of our major cities on the west coast has a similar
reaction.
Let’s start our discussion by looking at the rat
epidemic in Los Angeles. Thanks to extremely poor public sanitation, rats
are breeding like mad, and at this point they have even conquered Los
Angeles City Hall…
Officials at Los Angeles’ City Hall are considering ripping all of the
building’s carpets up, as rats and fleas are said to be running riot in its
halls.
Eastside, Westside, north and south, they’re everywhere. If you’re a rat, the California housing
crisis has not hit you yet and it never will.
See Video: Oregon homelss camp ..
....
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“For a long
time — going back at least to the Al Capone era — Chicago and
Illinois have been known for high levels of public corruption"
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Mentality of a nazi criminal? He need to be checked
in a psychiatric lab
The market's
rejoicing over a deal being struck may have been slightly premature...
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"Would
you support an armed faction within Venezuela that engages in war crimes?"
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US-World ISSUES (Geo Econ, Geo Pol &
global Wars)
Global depression is on…China, RU, Iran search for
State socialis+K-, D rest in limbo
In defiance? Or WITH TOTAL CONSENT OF LIAR TRUMP…
The House
overwhelmingly approved legislation that would force the Trump administration
to withdraw U.S. military support for the Saudi-led war in Yemen. Trump is
expected to veto the resolution.
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One more from the CLUB of LIARS…
Attending the
Warsaw summit to "advance the
common interest of war with Iran."
Read this:
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"...Qatar, along with other key GECF members, could choose to develop a co-ordinated export strategy,
adversely impacting the energy security
of European consumers."
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO
..Focus on neoliberal expansion via wars & danger of WW3
Trump desperate for ELEC-FRAUD: Ex-Mossad
Agents Tried to Sway Local US Election, Offered Services to Trump Campaign -
Report
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This is also the case of
Trump
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Matar muertos para
aparecer como anti-ISIS y support Trump waste of money
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SHOWS RT
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes
& terrorist imperial chaos
REBELION
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Cult Carta a Kugelmann Jenny
von Westphalen. La esposa de Marx con una cruz en el pecho.. me hizo recordar JACh, ella era panteísta como yo, pero
rezaba extractos de la biblia seleccionados por Teologia de la Liberc y cuando
lo hacia me pedia que le agarre la mano. Y esto por que?, le pregunte. Porque
la fe es energía para la auto-corrección personal y el tomar la mano de otra
persona produce esa energía. Osea que eres cristiana.. Si, me respondio, soy
99% cristiana como tu madre y la mia. Se referia al hecho de que ellas nunca
visitaban las iglesias, o solo una vez al año -la igles cristiana- para la misa
de noche buena. Entonces eres 1% cristiana. Y porque eso del 99%? Porque ese es
el contexto que me rodea y soy 99% parte de él. La noche buena es buena porque
permite unir la familia alrededor de
proyectos para el año que viene.. Nos visitan y visitamos otras familias 7 dias
hasta que llega el año nuevo. El culto a Jesus no es lo que define esa fiesta, fue un buen
hombre que hacia milagros y yo no creo en milagros, tu madre tampoco, la mia
menos, me dijo. Para mis hijos la navidad y el año nuevo es tiempo de fiestas
para recibir regalos o intercambiarlos o jugar en grupo con ellos. Hasta Neron,
mi perro, es cristiano, colecciona los huesos de la fiesta y los que no puede
comer los entierra para otros días. Esta fiestas y las de junio en los andes
del Cusco y anexos ( somos de Cusco y a Cusco vamos) son lo mejor del Peru. Se
rinde culto a la naturaleza (la mamapacha, le llamamos) y al Inti o sol (el
creador de todas las energías). Para mi el cristianismo y el panteísmo caminan
de la mano. Los panteístas tomamos las iglesias en Junio y a fines de Dic para
danzar las diabladas en ellas. Y hasta las alpacas ingresan a las iglesias cristianas. Ellas son más panteístas que
nosotros (99%) y 1% cristianas, pero son sin duda los más hermosos animales
del mundo. Nada que ver con los hediondos camellos del medio oriente
donde nació el cristianismo, los perversos judaistas y los yijadistas
musulmanes.
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Econ La nueva lógica de los bancos
demasiado grandes para quebrar
Óscar Ugarteche y Larry Vargas. La sin-lógica de los bancos que impulsan el neo-liberalismo.. diría yo.. pues están quebrando y al parecer para siempre pues lo que viene –si triunfa el desmantelamiento nuclear- es un mundo sin imperios y sin voraces glutones banqueros y financistas creados en la última fase del capitalismo.
Óscar Ugarteche y Larry Vargas. La sin-lógica de los bancos que impulsan el neo-liberalismo.. diría yo.. pues están quebrando y al parecer para siempre pues lo que viene –si triunfa el desmantelamiento nuclear- es un mundo sin imperios y sin voraces glutones banqueros y financistas creados en la última fase del capitalismo.
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ALAI ORG
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RT EN ESPAÑOL
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El Zoom Irán: Epicentro de ira
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PARA MAÑANA
INFORMATION CLEARING HOUSE
COUNTER PUNCH
GLOBAL RESEARCH
DEMOCRACY NOW
PRESS TV
Resume of Global News described by Iranian
observers..
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