martes, 19 de febrero de 2019

ND FEB 18 19 SIT EC y POL



ND FEB 18 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


What does the Fed know?”


The Fed Should Be Hiking Rates
As we noted in our RIA Pro article:
“During the press conference, the Chairman was asked what has transpired since the last meeting on December 19, 2019, to warrant such an abrupt change in policy given that he recently stated that policy was accommodative, and the economy did not require such policy anymore.

In response, Powell stated:
‘We think our policy stance is appropriate right now. We do. We also know that our policy rate is now in the range of the committee’s estimates of neutral.'”

The Trap
So, therein lies the trap. Do you hike rates and reduce the balance sheet anyway to be better prepared for the onset of the next recession, OR reverse policy to try to “kick the recession can” down the road a bit which leaves you under-prepared for the next crisis?

For the Fed, it is a choice between the lesser of two evils. The only question is did they make the right one?

While the Fed has a long history of using economic jargon and, quite frankly, non-truths to help promote their agenda, they also have a long history of making the wrong policy moves which spark either some sort of crisis, recession or both.
See Chart:
Effective FED Founds Rate vs S&P500

See more Charts at
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"...the similarities between the current economic situation and that of 1929, and the threat to today’s unbacked currencies, are ominous... economic salvation can only come from ditching today’s macroeconomic theories and by returning to monetary stability through credible gold exchange standards."

Read these subtitles
The 1930s experience
The next crisis could be on the scale of 1929-34
The great depression informed today’s academics
The likely progression of a new credit crisis
It appears that the psychology underlying productive activity has changed. Every time a central banker makes a reassuring statement, instead of applauding it, commercial bankers question the motive, saying there’s no smoke without fire. It’s the same for investors. Next time the stockmarket slides, look out for senior government figures attempting to reassure investors, and investors taking the hint that things must be worse than they appear if they need reassuring.

There is a way to stabilise interest rates, which government economists won’t like: return to a credible gold exchange standard, then interest on long-term government borrowing will be capped at under 5% and falling, assuming credibility in government finances is restored.
SOURCE: 
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According to Nomura's quant team, based on past behavior of systematic trend following algos, the Japanese bank expects CTAs to preventatively take profits on long positions sporadically starting around 26 February.

Following the December plunge, the S&P has staged one of the most vicious snapback rallies in history, rising for 8 consecutive weeks, most bizarrely without either institutional or retail investors actually buying this unprecedented short squeeze/buyback-driven rally which has seen near constant ETF selling even as the S&P has soared...
See Chart:


Yet even though the US equity market is expected to edge higher in the short-run with the help of some buying inertia - which is basically Marko Kolanovic's entire (latest) bullish thesis, Nomura warns that "a sense of overheating in the markets’ upward momentum is rising at the same time and thus a cooling-off phase is likely forthcoming."

Specifically, according to Nomura's quant team, based on past behavior of systematic trend following algos, the Japanese bank expects CTAs to preventatively take profits on long positions sporadically starting around 26 February.
See Charts:

See More Charts at
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"Qualified buyers don't want to borrow more, leaving only the unqualified or speculators seeking to save a marginal bet gone bad with one more loan (which will soon be in default)..."

As I've noted before, roughly 3/4 of all household wealth in China is tied up in real estate, where it is effectively dead-money, earning no yield and completely illiquid.
See Chart:
Lartgest Component of Household Wealth
SOURCE: 
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio


"The race and gender hatreds instilled by identity Politics have not only produced a humorless country but also a disunited country..."
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And guess which circuit court they chose?
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"Why should a rich man pay to make the poor comfortable? Because, if you don’t… eventually they will eat you. Simple as – it’s the cost of membership."
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With so many counties spread throughout each state in the nation, it’s not surprising that we can find counties that exemplify almost any part of the American experience...
See Map  and sharts:
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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


"Just tell them it has beavers or something..."
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YES it could happen again.. but Tower 7 was an implosion made by US terrorist

"You have to take this very seriously" 
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Any talk of Trump on VEN  creates the opposite reaction overthere

A 2020 swing state with a key Hispanic and Venezuelan voting bloc...
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See yourself 1st  Don’t through stones at your glass ceiling or No mire la paja en ojo ajeno?

"Swallow China as it is… and accept the global liberalism Merkel is extolling is dead; or confront it…and accept large parts of the global liberalism Merkel is extolling is dead."
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RELATED CASES:
WITH INTERESTING  TITLES:

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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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RELATED 1
RELATED 2
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Meaning: don’t shoot him.. Don’t hang-up him. Give him the Nobel Price of Stupidity
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes & terrorist imperial chaos


ALAI ORG

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Imperios   Le machin    Luis Casado   
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                El quinteto de la muerte   Gustavo Espinoza M.
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RT EN ESPAÑOL

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RU desarrolla yate espacial para turistas Que se lleven los USAnos y nunca regres
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Los que contiene alto nivel de sal, azúcar y otros condimentos
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INFORMATION CLEARING HOUSE

Deep on the US political crisis: neofascism & internal conflicts that favor WW3


DEEP STATE:  COUP D’ETAT AGAINST TRUMP?
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Worshipping the Electronic Image    By Chris Hedges
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COUNTER PUNCH
Analysis on US Politics & Geopolitics


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Christopher Fons   The Crimes of Elliot Abrams
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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
Amy Goodman’s team

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PRESS TV
Resume of Global News described by Iranian observers..


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