Nuestro sistema politico es absoleto pues recrea el poder economico y politico de trasnacionales y socios internos quienes impiden el desarrollo sostenido del pais. La nueva democracia tiene que armarse a partir de organizaciones de base en movimiento. Imposible seguir recreando el endeudamiento, el pillaje y la corrupcion. Urge reemplazar el presidencialismo por parlamentarismo emergido del poder local y regional. Desde aqui impulsaremos debate y movimiento de bases por una NUEVA DEMOCRACIA
domingo, 10 de marzo de 2019
ND MAR 10 19 SIT EC y POL
ND MAR 1019SIT EC y POL
ND denounce Global-neoliberal debacle
y propone State-Social + Capit-compet in Eco
ZERO HEDGEECONOMICS
Neoliberal globalization is over.
Financiers know it, they documented with graphics
When the TBAC asked this question one month ago, it said
- tongue in cheek - that the "USD
is still the dominant reserve currency." That will not be the
case forever.
See Charts:
Foreign Investors already
hold significant dollar debt
Don't expect this dramatic increase in
Treasuries to slow down any time soon. In fact, the explosion in US Treasury
supply, much of which was needed to fund Trump's tax cuts and the Fed balance
sheet rundown (which may be ending as soon as September) will crowd out investment in equities and corporate debt,
both IG and HY.
Yet despite - or rather permitting
this surge in debt, is the fact that long-rate volatility has tumbled below
pre-taper tantrum levels despite rising uncertainty about the US and global
slowdown, Brexit and the ongoing trade war. In fact, as
we discussed recently, Treasury volatility recently dropped
to an all time low.
Which brings us to arguably the key
chart which highlights the TBAC's main concern: whereas the US budget used be
financed by foreigners, it is now financed almost entirely by domestic
investors, as some of the largest US creditors such as
China are quietly exiting stage left.
Rather than Goldilocks, perhaps we should be talking
about Hansel and Gretel – a fairy tale about the dangers of an unwholesome
appetite as a means of survival – i.e., chasing prices higher and justifying it
with the wrong
Our
contention continues to be that the majority of the cost pressure is the result
of the economy running too hot last year which has led to higher labor costs
among other things (see Exhibit). This essentially tipped over
the profits cycle. Furthermore, the
de-escalation of trade tensions with China and a pausing Fed will not alleviate
those pressures, in our view. It’s also very different
than in early 2016 when goldilocks was alive and well.
See Chart:
Mentions of
Labor Cost in Earning Transcripts remain elevated
"Capitalism is an
ideology of capital - the most important thing is the concentration of capital
and to seek and maximize profit...so to me capitalism is irredeemable,"she said.
…
Totally agree with this statement
(capitalism is a system based on class explot & political oppression.
Social class is the general or universal key to understand the system in any capitalist
country. It may have in Flint specific or singular features different from
other parts of Michigan and the explot& oppress here may be different from the rest of States of the
Nation. A Presid like FDR ruled in favor of the exploited & oppressed of
the whole nation. Saying that there is red-lines dividing the singular in Flint
, from the particular in Michigan and the general in the whole nation have not
sense at all. The FACT is that all these 3 level
of reasoning correspond to 3 realities that are interconnected & is the
general feature (Exp & Opp) that exist and prevail in all of them.
…
On the other hand, Tyler Durden said
that “the New Deal’s minimum wage laws resulted in 500,000 Black Americans
losing their jobs, according to the Cato
institute. Here there are 2 mistakes: 1-CATO and 2- the distortion of facts
from Cato on this matter.
1-Aparently, the Cato Institute
advocates policies to advance "individual liberty, limited government, free
markets, and peace".But they do
exactly the opposite.Check this:
Among the laureates by the CATO institute is Milton Friedman. Since 2002, the
Cato Institute has awarded the Milton Friedman Nobel Prize for Advancing
Liberty every two years because is "an individual who has made a
significant contribution to advancing human freedom.". FACT: Friedman
was the economist brought to Chile in early 1970 to leadthe plan Condor of Kissinger, plan that
assaulted the Govt ofthe elected
socialist ALLENDE and killed him , plus about 40,000 socialists in that country.
To cover their criminal face Cato
publish critiques from “Cato scholars” whoopposed President George
H. W. Bush's 1991 genocidal war & to President Bill
Clinton's interventions in Haiti and Kosovo;to President George W. Bush (son) in2003 invasion of Iraq, and to President
Barack Obama's 2011 military intervention in Libya.
Of course those critiques are used by the Koch’s brothers to “negotiate” with
US Govts their leverage on oil and gas. The “libertarians” of Cato servedthe private interest of the Institute
founder: Mr. Charles Koch
2-The distortion of Cato on 500,000
Black Americans losing their jobs is a nasty lie. The FACT
is that FDR was re-elected from the poor people in the US and among this
people were the blacks. The 500,000 Black Americans losing their jobs is an
invention of CATO. Remember: the Koch
brothers(Charles especially) are
financing both parties : The Reps and the Dems. Now
that the elections are coming they are accusing the socialists of being
anti-black Americans. That explain the distortion of FACTs
"U.S. officials who have been agitating for a
regime change war in Venezuela – Marco Rubio, John Bolton, Mike Pompeo,
the head of USAid Mark Green – used
Twitter to spread classic Fake News"
Today, humanity is confronted with an ugly paradox in
that the world’s foremost peacekeepers are nuclear-tipped ballistic missiles. One bad move on the geopolitical
chessboard, however, could trigger a global catastrophe...
Just as we saw in 2015/2016, it appears China is reducing its US Treasury exposure as it
increases its gold holdings...
After China's official gold reserves
rose for the first time in around two years (since Oct 2016) in December,
Beijing appears to have joined the global gold rush, increasing
its gold reserves for the third month in a row in February to 60.26 million
ounces.
No hay comentarios:
Publicar un comentario