ND APR 19 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
The
unfunded liabilities crisis just
got worse.
Truth
In Accounting (TIA), a 501(c)(3) - focused on government financial
information, published a new report that suggests the federal government's
overall financial conditions worsened by $4.5 trillion in 2018. The report also
calculates the actual national debt on a per taxpayer basis.
See Chart:
Worsened by 4.5 Trillion in 2018
"The
overall decline in Net Position presents a better picture of the government’s
financial decline," the report states.
"The
federal government's financial position continued to deteriorate – and much
faster than indicated by the government's own ‘bottom-line,’" TIA’s
Director of Research, Bill Bergman, said.
TIA pulled data from the "Financial
Report of the U.S. Government" for the fiscal year ending Sept. 2018.
TIA's "bottom line" measures
the government's unfunded debt, jumped by $4 trillion in 2018, about 4 times
faster than the budget deficit or net operating cost.
See Charts:
The combined unfunded
liabilities of the federal government is $108.94
trillion. The government owes $34.80 trillion in Social Security benefits,
$48.79 in Medicare benefits, $7.89 trillion in military benefits, $15.81
trillion in publicly held debt, and $1.56 trillion in other liabilities.
See Chart:
The financial hole for unfunded
liabilities is accelerating to levels that now threaten the long-term
survivability of this country. TIA provides unsettling estimates that
show each American would have to fork over $700,000 each to completely pay off
the existing debt.
So an important question we ask: Will
Trump keep his campaign promise of eliminating
the national debt in eight years?
OPEN AUDIO TAPE
At the bottom
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Lenders
may be tempted to lower their credit standards without appreciating that the
660 credit-score borrower today may be relatively worse than a 660-score
borrower in 2009.
Something unexpected happened after the
financial crisis: Americans have become far more responsible when it comes to
their finances. At least that is the conclusion one would derive by looking at the average US credit score, which has increased
by nearly 20 points, from 686 in 2009 to 704 in 2018.
See Chart:
….
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The people who are
currently scratching their heads about low inflation while ignoring the massive asset
bubbles that are growing right under their noses are the same ones who didn’t see the housing bubble’s warning signs in the
mid-2000s. ..
Belief in the “low inflation” myth stems
from the overly rigid reliance on conventional inflation indicators while
completely ignoring the inflation in asset prices, which has resulted in
extremely large and dangerous bubbles that will ultimately burst with
disastrous consequences. As the chart below shows,
assets such as global stocks and bonds have risen at a much higher rate than
global real economy prices since the current bull market began in March
2009.
See Chart:
The people who
are currently scratching their heads about low inflation while ignoring the massive asset bubbles that
are growing right under their noses are the same ones who didn’t see the housing
bubble’s warning signs in the mid-2000s. They were the ones
justifying the growth of the housing bubble by saying “housing prices are
rising because our population is growing,” “Americans are becoming wealthier
and want larger, more luxurious homes,” and so on. During a bubble, the “crowd”
will always tell themselves lies so that they don’t have to acknowledge the
scary implications of the bubble and its coming burst. Once
the bubble pops, they claim it was a freak occurrence that “nobody could have
seen coming!” We’re making the same mistakes that we made during the housing
bubble, but it’s just occurring in different industries, assets, and countries.
….
SOURCE:
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but,
but, but... lower
rates and green shoots!!
This
is the weakest level of Housing Starts since May 2017..
See Chart:
And
biggest Y/Y drop since 2011, suggesting builders remain wary even as lower
mortgage rates and steady wage gains offer support to consumers.
See Chart:
Housing Starts
….
SOURCE:
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US DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete;
it’s full of frauds & corruption. Urge cambio
“The recession
predictions are closer than usual, with a greater magnitude” of respondents indicating
recession fears of an economic meltdown...
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"The center of gravity of U.S. politics is shifting toward the Trump position of 2016...
"
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"...a counter-narrative
to the “Resistance” narrative... is finally going to roll out in the implacable
workings of actual (not fake) justice and it is going to crush a lot of people who concocted this epic political hoax..."
====
"...remember what the investigation was about. It was about something that did not happen.
And that should matter now that
Mueller has finished his work."
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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
"Border
Patrol has never asked us to stand down."
…
IF they
fire.. Trump get the bullets (crime Agst
Humanity).. RIP or RIH in hell
====
Should
the US decide to invest heavily in anti-missile and anti-air defenses, it could
defeat Russia’s nuclear deterrent in an all-out war
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Venezuela
is in the vortex of a global struggle which pits the imperial aspirations of Washington against an embattled Venezuela intent
on defending its own, and like countries, in support of national and
social justice.
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Trump “has shown a lot of wisdom” in
reaching out to leader Kim Jong Un..
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In
sharp reversal of policy, the White House has apparently ditched the
UN-backed government in Tripoli.
====
“Land ownership in England is astonishingly
unequal, heavily concentrated in the
hands of a tiny elite...”
See Chart:
….
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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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RT EN ESPAÑOL
- Carta de Alan García a sus hijos: "Dejo mi cadáver como una muestra de desprecio a mis enemigos"
- Cientos de millones de dólares en pocos días para Notre Dame: ¿Filantropía o beneficios fiscales?
- Identifican en California casi 2 millones de terremotos "ocultos" (VIDEO)
- Candidata presidencial demócrata E Warren propone que el Congreso inicie un proceso de 'impeachment' contra Trump
- Perú: La Justicia condena a 3 años de prisión al expresidente Kuczynski por su implicación en el caso Odebrecht
- EE.UU. practica la "caza de submarinos" cerca de islas en cuya descolonización insiste la ONU
- Las 10 economías "más miserables del mundo" (y casi la mitad son latinas)
- Especial Black Lives: Ilusión (Episodio 6)
- Keiser Report Cómo la consolidación de Internet abre paso a la censura
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INFORMATION CLEARING HOUSE
Deep on the US political crisis:
neofascism & internal conflicts that favor WW3
-Prospect of nuclear war highest in decades,
yet media ignores By Linda McQuaig
- Bernie Sanders and the Nuclear-capable F35s. By Renee Parsons
- Venezuela – Still on the Brink? By Peter Koenig
- Libya - U.S. Reveals Support For Hafter's
Side By Moon Of Alabama
- An Empire of Bullshit By James Howard Kunstler
- Defending Julian Assange; Defending the Truth By Robert J. Burrowes
Truth is Truth even if no one believes. Lie is a Lie even if everyone believes it.
Truth is Truth even if no one believes. Lie is a Lie even if everyone believes it.
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COUNTER PUNCH
Analysis on US Politics &
Geopolitics
This Week on
CounterPunch Radio: RALPH NADER
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GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that
leads to more business-wars from US-NATO
allies
-Pyongyang
Accuses Pompeo and Bolton of Creating “An Atmosphere of Hostility and Mistrust” By Stephen Lendman,
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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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