ND MAR 12
19 SIT EC y POL
ND denounce Global-neoliberal debacle y
propone State-Social + Capit-compet in Eco
ZERO HEDGE ECONOMICS
Neoliberal globalization is over.
Financiers know it, they documented with graphics
Here's the most important chart
in the world this week...
See Chart:
Who is right? Bonds of course!!
US markets were divergent once
again with Dow (and Transports) lower but Nasdaq and S&P higher... (A weak
close dragged small caps down to unch)...
See Chart:
But Boeing's dead-cat-bounce
from yesterday's cash session has well and truly died...(Boeing accounted for
-160 points of the Dow's 100 point loss)
See Chart:
Credit and VIX compressed
further...
See Chart:
Treasury Yields tumbled
dramatically on the day - completely ignoring the equity market gains...
See Chart:
With 30Y Yields breaking back
below 3.00% (and 10Y < 2.60% - see top chart)
See Chart:
The Dollar Index tumbled for
the 3rd day back below the 97.00 level...
See Chart:
The weak dollar provided support for
commodities broadly, but silver outperformed on the day... And Gold jumped back
above $1300...
See Chart:
Finally, we reflect on the
sudden panic bid that has occurred in Nasdaq stocks in recent days. With Nasdaq
earnings plunging to their lowest since July 2018, we wonder what magic
hockey-stick these so-called investors are seeing...
See Chart:
….
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If you thought the near-breakdown of the global
economy in 2008 was enough to make global policymakers and regulators rethink
their persistent accommodation of financial innovation and deregulation, think again.
What was
initially sold as a means to manage risk, then, ultimately metamorphoses into a
recipe for financial fragility, especially when it occurs at the municipal
level with institutions that don’t have the capacity to create new currency (as
a federal authority can do). The “teaser” becomes a poison pill. This means a local
authority (or level of government that is a user, rather than issuer, of
currency) can go bust.
Needless
to say, banks and brokers have profited handsomely from the whole exercise, pocketing
hundreds of millions of pounds in profits.
Here’s another disaster waiting to
happen: Globally,
financial markets today are seeing a rebirth of “collateralized loan
obligations” (CLOs), instruments broadly similar to the “collateralized
debt obligations” (CDOs), which helped to blow up the financial system in 2008.
CDOs were asset-backed instruments, a “blended” security comprised of risky
mortgage-backed bonds and much of the rest from theoretically safer tranches.
The theory underlying them was that the lower the investment quality, the
higher the compensating yield, but in reality most turned out to be toxic junk.
What distinguishes CLOs from their CDO “cousin” is that
instead of repackaging mortgages, subprime and otherwise, CLOs repackage
corporate loans, and consumer credit, such as car loans.
If
you thought the near-breakdown of the global economy in 2008 was enough to make
global policymakers and regulators rethink their persistent accommodation of
financial innovation and deregulation, think again. Regulators have
continued to accommodate this complexity, rather than minimizing it. Complex
financial systems beget yet more complex (and ultimately ineffective)
regulation. It is better to simplify the system in order to improve the quality
of the regulation and the ease of oversight (which the complexity is designed
to avoid).
Unfortunately, that’s not what our policymakers
have done. Instead of redesigning the system, the monetary authorities have
simply inserted themselves in the chain of intermediation that included an
ever-evolving variety of books of business without actually considering whether
there were too many weak links in the credit chain in the first place. Rather than shorten
or redesign the economy’s credit structures, and curb the risks accordingly,
central banks instead have simply acted as the ultimate guarantors in a supply
chain from money-like instruments to longer-term and riskier credit.
So
here we go again. No less a figure than Claudio Borio, the chief economist of the Bank
for International Settlements central, who warned of the dangers of a
synchronized housing bubble well before the 2008 crisis, is
again sounding the alarm about a recurrence. The crash gave us a
chance to downsize finance and restrict its ability to wreak comparable havoc
on the economy going forward. Instead, we let the crisis go to waste, which almost
certainly means a nasty sequel to 2008 facing us in the near future.
…
This
article was produced by Economy for All,
a project of the Independent Media Institute.
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US DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete;
it’s full of frauds & corruption. Urge cambio
"Mr.
Sloan, why was the bank involved
in the caging of children and financing the caging of children to begin with?"
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State boundaries in these modern times are
typically arbitrary and often no
longer reflect any meaningful political, cultural, or economic reality...
See MAP 1:
The final product was this map,
and it led me to several takeaways:
See MAP 2
City-States -base Map
Go to :
SOURCE: https://www.zerohedge.com/news/2019-03-12/united-city-states-america-mapped-experiment-redividing-country
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As is usually the case with American policy
debates, this "debate" offers little more than an opportunity for pundits and activists to grandstand
on related issues such as poverty and race - while avoiding the
central topic at hand...
As the issue of reparations for victims
of slavery rages within the Democratic party, and on cable news stations, we
encounter a common problem: virtually
no one is addressing the
specifics of how such a reparations effort
would be administered.
Who would receive these reparations
payments? Who would pay them? How would guilt and victimhood be determined? As
is usually the case with American policy debates, this "debate"
offers little more than an opportunity for pundits and activists to grandstand
on related issues such as poverty and race - while avoiding the central topic
at hand. Support or opposition
then becomes nothing more than a matter of affirming one's political loyalties.
The actual issue of reparations - and how they'll be
paid out - is mostly ignored.
A program, for
example, that forces all taxpayers (whether guilty or not of
any relevant crimes) to pay reparations to a specific group of people raises
several key problems that must be addressed:
1.
What if a taxpayer is descended from people who didn't even arrive in the
country until after emancipation? That is, should a Japanese-American, whose
immigrant ancestors arrived in the United States in 1910, be forced to pay reparations?
How about descendants of Mexicans who arrived in the US in 1925?
2. What if
the taxpayer has some ancestors who lived in the US before
emancipation and some who arrived here afterward? Would that person's
"reparation tax bill" be pro-rated to match the fraction of his
ancestry that shared antebellum guilt?
3.
What if a taxpayer's ancestors were abolitionists who opposed slavery?
4. What if
a taxpayer has no ancestors who owned slaves?
READ THE CONTENT OF THESE
SUBTITLES:
The (Bad)
Economics of Collective Guilt
Slavery
Suppressed Wages for Many Workers
Conclusion:
If "reparations" are truly that,
then they can only be based on handing over stolen property from the thief to
the victim (or their heirs). So long as these specific individuals are not
identified, then the policy being discussed has nothing to do with reparations.
It's just a wealth redistribution scheme.
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“NO me salves que
me ahogas.. aprende a nadar 1ro”
"Killing
the resolution on the Republican-controlled Senate floor would spare the president a major embarrassment and
avoid him having to issue the first veto of his presidency."
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The financier elite (the market) know
it.. but..
President
Trump knows a strong 2020 US economy helps his reelection chances. And markets
(equity markets, at least) know that he knows that.
…
[[ Solo un buen abogado resolvería
este divorcio, pero tampoco hablan. No puede recurrir a Asambleas Pop o
REF.. Solo le queda el “populismo” desde
arriba y tendría que empezar por anular la deuda de los Univ egresados..y a
nivel internacl.. make a deal with Maduro VEN who is ready to
talk with-Trump ]]
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"Data suggests
this storm will be the strongest (via minimum central pressure) storm
since at least 1979 to impact the central Plains."
See Map:
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"Given these heavy handed and censorious responses by powerful actors, it would appear
perhaps that the RussiaGate narrative is increasingly implausible to many and the only
hope now for its proponents is to stifle questioning. These are
dark days indeed for democracy..."
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Just kitting:
“Is it
possible that Putin has something
on Pelosi?”
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The State of Oregon is on the precipice of “solving” its housing shortage with
state-wide rent control...
….
Los apartment y
efficiencies de Londres en grandes
rascacielos entronizaron la familia nuclear (2 padres y un par de hijos) y destruyeron el capital humano de la
familia extensa para la educ (abuelos
y/o familia co-habitando una casa con 4 o 6 habitaciones) y con este
seudo-avance del capiatlismo nació un nuevo ser anti-humano totalmente
ego-centrico, selfish y narcisista (la plaga que
estudio Freud). Para crear en ellos el concept “soberanía nacional” se creó
otra plaga: el militarismo nacionalista y las guerras que –como Hitler en Alemania- dejaron
grandes desastres en la historia humana. Quedo claro desde entonces que
cualquier injerencia estatal sobre
individuos ya “nuclearizados” solo sirve para destruir la solidaridad humana que
describe el concepto ‘soberania nacional’. La guerra deja sin alma a estas
naciones y las condena a la auto-destrucción y separatismo regional. El Uk ya está viviendo esta Realidad. A esto va el US too.
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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
...the “deliberate
sabotage” on behalf of the US-backed opposition... is “the most brutal attack on the Venezuelan people
in 200 years”...
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Armed
with 80 missiles in
vertical launch tubes...
…
“Mambru se va a la Guerra tararan tararan tan tan…
mambru se va a la Guerra y no se si volverá .. ah ah ah.. no se si volverá”.
Asi cantaba una vieja tonada latina a los estúpidos que creen que la guerra es
un negocio divertido.. luego mostraban a soldados sin piernas en silla de ruedas y/o con
piernas de metal caminando las calles de NY. Se les hizo creer que defendien la nación :FALSO en realidad fueron a
asaltar riquezas ajenas para beneficio de la oligarquía financiera en Wall
Street. Y la tonada terminaba asi “mambru se fue a la
Guerra: turun turun tonton, mambrú se fue a la guerra: una gran idiotez.. si si
si.. si si si UNA GRAN IDIOTEZ”. (Lo vi en Documtal de ‘Veterans against war’)
…
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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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NOTICIAS IN SPANISH
Lat Am search f alternatives to
neo-fascist regimes & terrorist imperial chaos
REBELION
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ALAI ORG
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RT EN ESPAÑOL
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Para mañana
INFORMATION CLEARING HOUSE
Deep on the US political crisis:
neofascism & internal conflicts that favor WW3
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COUNTER PUNCH
Analysis on US Politics & Geopolitics
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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’ team
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PRESS TV
Resume of Global News described by
Iranian observers..
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