ND
APR 6 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
...turning it into a true global currency would yield several benefits for the global economy
and the international monetary system.
This year, the world commemorates the anniversaries of two key events
in the development of the global monetary system. The
first is the creation of the International Monetary Fund at the Bretton Woods
conference 75 years ago. The second is the advent, 50 years ago, of the Special Drawing Right (SDR), the IMF’s global reserve asset.
When it introduced
the SDR, the Fund hoped to make it “the principal reserve asset in the
international monetary system.” This remains an unfulfilled ambition; indeed, the SDR is one
of the most underused instruments of international cooperation. Nonetheless, better late than never: turning the
SDR into a true global currency would yield several benefits for the world’s
economy and monetary system.
The SDR has a number of basic advantages, not least that the IMF can
use it as an instrument of international monetary policy in a global economic
crisis. In 2009, for example, the IMF issued $250 billion in SDRs to help combat the downturn, following
a proposal by the G20.
The best alternative would be to turn the IMF into an institution fully
financed and managed in its own global currency –
a proposal made several decades ago by Jacques Polak, then the Fund’s leading
economist. One simple option would be to consider the SDRs that countries hold
but have not used as “deposits” at the IMF, which the Fund can use to finance
its lending to countries. This would require a change in the Articles of
Agreement, because SDRs currently are not held in regular IMF accounts.
The Fund could then issue SDRs regularly or, better still, during
crises, as in 2009. In the
long term, the amount issued must be related to the demand for foreign-exchange
reserves. Various economists and the IMF itself have estimated that the Fund could issue $200-300 billion in SDRs per year.
Moreover, this would spread the financial benefits (seigniorage) of issuing the
global currency across all countries. At present, these benefits accrue only to issuers of national or regional
currencies that are used internationally – particularly the US dollar and the
euro.
The anniversaries of the IMF and the SDR in 2019 are causes for
celebration. But they also represent an ideal opportunity to transform the SDR
into a true global currency that would strengthen the international monetary
system. Policymakers should seize it.
***
And just like that, the world is once again being primed and
propagandized to desire this inevitability. Coming
just a day after the Saudis threatened to end the Petrodollar, Ocampo's
op-ed is well-timed to say the least.
As we noted previously, nothing lasts forever.
See chart:
….
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
...77% of all Americans are either “very worried” or “fairly worried” about America’s moral health.
According to a brand new survey that was just
conducted by
the Pew Research Center, 77 percent of all Americans are either “very worried” or
“fairly worried” about America’s moral health. Of course
the truth is that we should all be deeply concerned, because we can see
evidence of the cancerous moral decay that is eating away at the foundations of
our society all around us. In life, each one of us gets to make choices, and some of those choices
can lead to very bad outcomes. We all have old friends that “got
on the wrong path”, and their lives ended up becoming cautionary tales.
Well, the same principle applies to nations as a whole. America has
been given very clear choices between good and evil, life and death, blessings
and curses over and over again, and we have consistently made the wrong
choices. If we stay on this road,
there is only one result that will be possible.
The following are 40 facts that prove that America’s moral
collapse is spinning wildly out of control…
#1 America has killed more
than 60 million children since Roe v. Wade was
decided in 1973. The federal government endorses this activity by heavily
funding the country’s leading abortion provider, and after that abortion provider
harvests the organs of the dead children, the federal government also heavily
funds the research that is conducted on those
harvested organs.
#2 According
to a Quinnipiac University poll from last year, 63
percent of all Americans want to keep Roe v. Wade in place.
#3 America is a global leader in sexual depravity. If you
doubt this, just check out what is going on in
Cleveland at the end of this month.
#4 Americans
are now more likely to die from
an opioid overdose than they are from a car accident.
#5 In the city of Baltimore, approximately one
out of every four babies is born as an opioid
addict.
#6 Overdosing
on drugs has now become the
leading cause of death for Americans under the age of 50.
#7 McDonalds feeds approximately 70 million people a day
globally. Pornhub gets more
than 78 million visits a day.
#8 The
teen birth rate in the United States is higher “than in any other
industrialized country in the world”.
#9 According to
the CDC, approximately 110 million Americans have a
sexually-transmitted disease right now.
#10 The
CDC also tells us that there are approximately 20
million new sexually transmitted disease cases in the U.S. every
single year.
#12 According
to the United Nations Population Fund, 40
percent of all births in the U.S. now happen outside of marriage. But
if you go back to 1970, that figure was sitting at just 10 percent.
#13 At this point, approximately one
out of every three children in the United
States lives in a home without a father.
#14 Approximately
one-fourth of the entire global prison population is in the United
States.
#15 By the time an American child reaches the age of 18, that
child will have seen approximately 40,000
murders on television.
#16 According
to a study conducted by the Mayo Clinic, nearly 70 percent of
all Americans are on at least one prescription drug. An astounding 20
percent of all Americans are on at least five prescription drugs.
#17 According to the Centers for Disease Control and Prevention,
doctors in the United States write more
than 250 million prescriptions for
antidepressants each year.
#18 Over
half a million people are homeless in the United States right now, but
more cities than ever are passing laws making
it illegal to feed them.
#20 A
different study found that one-third of all American teenagers haven’t
read a single book in the past year.
#21 Americans are obsessed with material things and are willing
to go deep into debt to get what they want. At this point, 480
million credit cards are in circulation in
this country. That number has risen by nearly
13 percent since 2015.
#22 37
million credit card accounts in the U.S. are “seriously
delinquent” at this moment.
#23 According to a study conducted by the Centers for Disease
Control and Prevention, approximately
two-thirds of all Americans in the 15 to
24-year-old age bracket have engaged in oral sex.
#24 It
has been reported that one out of
every four teen girls in the U.S. has at least one sexually
transmitted disease.
#26 According
to the Pentagon, 71
percent of our young adults are ineligible to serve in the U.S.
military because they are either too dumb, too fat or have a criminal
background.
#27 The city of San Francisco handed out a total of 5.8
million free syringes to drug addicts in 2018.
#28 During
one seven day stretch last summer, a total of 16,000
official complaintswere submitted to the city of San Francisco about piles
of human feces littering the streets.
#29 When you include unfunded liabilities, the true size of our
national debt is 222
trillion dollars. What we are doing to future
generations of Americans is beyond criminal.
#30 The
suicide rate in the United States is up 34
percent since the year 2000.
#32 We
are literally destroying the planet that we have been given. It is being
projected that the total amount of plastic in the oceans of the world will
exceed the total weight of all fish by
the year 2050.
#34 The
number of American babies killed by abortion each year is roughly equalto the
number of U.S. military deaths that have occurred in all of the wars that the
United States has ever been involved in combined.
#36 Approximately
3,000 Americans lost their lives as a result of the destruction of the World
Trade Center towers on
9/11. Every single day, more than 3,000 American babies are killed by
abortion when you include all forms of abortion.
#37 One very shocking study found that 86 percent of all abortions are done for the sake of convenience.
#38 An
average of more than 100 churches are dying in the United States every
single week.
#40 The
number of Americans with “no religion” has increased by
266 percent over the last three decades.
…
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Over the last 30 years, there has been a mass exodus out of organized religion in the United States...
====
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
NATO’s first secretary general, Britain’s Lord Ismay, was candid in the
mission of the military alliance. Its objective, he said, was to, “Keep
Russia out, the Americans in, and Germany down”.
====
NATO's multi-national "Sea Shield 2019" naval drill has begun
on the 70th anniversary of the alliance's founding.
====
NATO has
to commit suicide:
Georgia, Ukraine, the Black Sea, and Venezuela on the agenda...
…
[[ They should put Pompeo
in one of the NATO planes to VEN ]]
====
"I
will not plead or beg"
====
Barring a
miracle, this does not end well...
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"There is only so much growth we can get
in steady state among rising debt levels. The
only hurdle to implementing negative rates is currency in circulation and that’s why
more and more countries are trying to outlaw cash..."
====
Uncharted
territory...
…
[[ Incredible
hypocrisy: the most evil terrorist empires in world history accusing their
victims of fault of terrorism. ]]
====
SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO
..Focus on neoliberal expansion via wars & danger of WW3
-Powerf Blaze and Enormous Blast Shakes
Building in Paris a new stage in conflict?
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes &
terrorist imperial chaos
REBELION
Mex ¡Rebeldía, resistencia y
autonomía! Gilberto López
Ni sumisión ni enfrentamiento Miguel Ángel Ferrer
ALAI ORG
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RT EN
ESPAÑOL
- US sigue viendo la interv militar en Ven como "una opción muy seria"
- "Se tragan mar de China Meriodion". Duterte: guerra si Pekín ocupa sus islas
- Descubren base para destr satélites en la provinc china de Xinjiang (FOTOS)
- Chicago: 8 heridos, incluidos niños, en tiroteo masivo en un 'baby shower'
- "Todos los ojos están sobre usted": Bolton al ministro de Defensa de Ven
- Diosdado Cabello: "Abrams y Bolton no tiene parte en la justicia VEN, asesi"
- Relator de la ONU se reunirá con Julian Assange el 25 de abril
- En la mira El Brasil de Bolsonaro
- El Zoom 70 AÑOS DE LA OTAN: ¿ALGO QUE CELEBRAR?
- Keiser Report Un viaje por el universo de las inversiones
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INFORMATION CLEARING HOUSE
Deep on the US political crisis: neofascism & internal
conflicts that favor WW3
Please forgive the interruption in
service. It has been necessary to relocate our website to a more secure hosting
provider.
The migration may take a couple of days and I ask for your
patience as we strive to restore service.
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PRESS TV
Resume of Global News described by Iranian observers..
‘UK,
US and France behind chemical attacks in in Syria: Official
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