ND JUN 30 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
"Low interest rates, while they
have a lot of benefits, have a lot
of costs for society as well..."
Far from propelling middle class consumers to ever-higher
levels of prosperity, low-interest rate policy is
leading either to stagnation of losses in wealth.
But these revelations
should not be shocking.
After all, Edward Wolff's 2014 article "Household Wealth Trends in the
United States, 1962-2013" suggests that our
low-interest-rate world has done little to increase economic well being or
counteract the effects of recessions:
From 2007 to 2010, house
prices fell by 24 percent in real terms, stock prices by 26 percent, and median
wealth by a staggering 44 percent. Median income also dropped but by a more
modest 6.7 percent and median non-home wealth plummeted by 49 percent. The
share of households with zero or negative net worth rose sharply from 18.6 to
21.8 percent.
However, from 2010 to 2013,
asset prices recovered with stock prices up by 39 percent and house prices by 8
percent. Despite this, both median and mean wealth stagnated, while median
income was down by 1.3 percent but mean income rose by 0.9 percent. The percent
of households with zero or negative net worth remained unchanged.
According to Wolff
in this 2017 follow-up,
as of 2016, "median
wealth was still down by 34 percent."
See Chart:
Median Wealth , 2016 Dollars
The evidence is
mounting against the usual narrative which
states that low-interest rate policy has been a clear
good because it has stimulated demand and consumption.
On the contrary,
there is reason to believe low-interest rate policy has
lowered productivity, lessened economic growth, and favored large firms at the
expense of small firms and innovation.
Median incomes have also
suffered.
But central banks are
clearly afraid to do anything but kick the low-interest can down the road. The
Fed's multi-trillion-dollar balance sheet isn't going anywhere, and the Fed has
no appetite for raising rates. But when the next
recession hits, it's likely the Fed and the world's central banks will dish up
more of the same: near-zero rates in the name of recovery and wealth creation.
But this strategy's record of delivering has been questionable at best.
….
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Here is the moral decay of America's ruling
elites boiled down to a single word...
There are many reasons why Imperial Rome declined, but
two primary causes that get relatively little attention are moral decay and soaring wealth inequality. The two are
of course intimately connected: once the morals of the ruling Elites
degrade, what's mine is mine and
what's yours is mine, too.
I've previously covered two other key characteristics of
an empire in terminal decline: complacency and
intellectual sclerosis, what I have termed a failure of imagination.
Michael Grant described
these causes of decline in his excellent account The
Fall of the Roman Empire, a short book I have been recommending
since 2009:
There was no room at all, in these ways of thinking, for the novel,
apocalyptic situation which had now arisen, a situation which needed solutions
as radical as itself. (The Status Quo) attitude is
a complacent acceptance of things as they are, without a single new idea.
This acceptance was accompanied by greatly
excessive optimism about the present and future. Even when the end was only sixty years away, and the Empire was already
crumbling fast, Rutilius continued to address the spirit of Rome with the same
supreme assurance.
This blind adherence to the ideas of the past ranks high among the
principal causes of the downfall of Rome. If you were sufficiently lulled
by these traditional fictions, there was no call to take any practical
first-aid measures at all.
Peter
Turchin explains in War
and Peace and War: The Rise and Fall of Empires, was gradually replaced by
one of personal greed and pursuit of self-interest.
“Probably the most important value was virtus (virtue),
which derived from the word vir (man) and embodied all the qualities of a true
man as a member of society,” explains
Turchin.
He
added:
The richest 1 percent of the Romans during the
early Republic was only 10 to 20 times as wealthy as an average Roman citizen."
Do you see any similarities with
the present-day realities depicted in these charts?
See Chart 1:
Top 1% US Pre-Tax Income Share
1913-2012
See Chart 2:
Share of National Income,
including capital gains
And how many congress people served in combat in Iraq or
Afghanistan? How many presidential candidates had boots on the ground in combat
theaters? The answer is none. Here is the moral
decay of America's ruling elites boiled down to a single word.
….
SOURCE: https://www.zerohedge.com/news/2019-06-29/following-romes-footsteps-moral-decay-rising-inequality
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US DOMESTIC POLITICS
Seudo democ duopolico
in US is obsolete; it’s full of frauds & corruption. Urge cambio
US women's soccer co-captain Megan Rapinoe has
accepted an invitation to visit the House of Representatives by Congresswoman
Alexandria Ocasio-Cortez (D-NY) following a public spat with President
Trump.
"Consider it done"
….
Those who believe that futbol is only a matter of controlling the
perimeter of one stadium and making goals as she did it..with such a majesty.. they
are wrong, futbol
goes beyond that stadium. In the mind of many futbol players also count the perimeter of the
whole political stadium of our NATION, the one
in which we fight against the “private greed” to defend the “Public
need”. Definitely, our start in Futbol Megan Rapinoe and others in Futbol
teams are taking position in favor of PEACE against war, JUSTICE against oppression , and FREEDOM against neoliberal enslave to the rich. We are all in this stadium and we dream with Megan goals here too.
====
Xi is operating from a centuries-old blueprint for
victory in battle... China clearly won this round, and
the pressure is now squarely on Trump to get a deal done before the 2020
election. That isn’t likely going
to happen.
….
In the ART of WAR of Sun Tzu the “vs” doesn’t exist.
“You don’t start preparation for war if you don’t win the art of negotiation” .
In other words, you have to know the enemy first; you have to talk & negotiate with
them on what is in dispute and get a glimpse on their plans. If you don’t win
this stage called “art of peace” you won’t be
able to design tactics and strategy. You have to win
first “the art of peace”, then you will be able to apply your war rules.
….
====
If only 26% can afford
to buy a house: this Am is not F Am-average, is for rich & saudis
"Despite falling mortgage rates and rising
wages, the cost of owning the typical home remains out of
reach..."
….
Recent info said that a lot of
Saudis are buying houses in Am.. Old info said that Saudis and same Am were
involve in 9/11 terrorism.. Also: the next day Saudis got plane to get out from our country.. no 1 of
Saudi- terrorist is in jail.. Who knows If they have
houses in US too. IF so, they’re part of the 26%. In short: 9/11 is the 2nd crime never rinse
or clear properly, the 1st one was JFK crime .
====
Nunca sufrimos los efectos de una Guerra. Nos
gusto ser spectators. Eso se acabo
From the Civil War
to Vietnam, Americans have always
been captivated by war’s spectacle...
….
El WW3 que prepara Trump.. si nos va a golpear a todos. Eso está muy claro
====
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
Nothing is resolved
yet.. only negotiations are “back on track”
"Now comes the hard work of finding
consensus on the most difficult issues in the relationship, but with a
commitment from the top we’re hopeful this will put the two sides on a
sustained path to resolution."
….
The 1st round of negotiations started wrong: with a blackmail
on China: They put letal weapons in the hand of Taiwan Govt.. Is the US ready
to bring back those weapons? . For China this is more important than Econ trade
with US.
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So what does the outcome of the election mean for
the future of Turkey, and in particular, its powerful
president? For starters, an internal political realignment, but also maybe a dangerous foreign policy
adventure...
====
SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars
& danger of WW3
-Missile Attack on Damascus, Homs Outskirts
Carried Out By Israeli Forces, Syrian Military Source Says Es hora de responderles. No
entiendo por que RU apoya ISR
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NOTICIAS IN SPANISH
Lat Am search f
alternatives to neo-fascist regimes & terrorist imperial chaos
VIENTO SUR
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RT EN ESPAÑOL
- Siria: Ataques con misiles cerca de Damasco y Homs dejan 4 muertos, incluido un niño, y 21 heridos
- "Un gran honor": Trump se reúne con Kim Jong-un en la zona desmilitarizada entre las dos Coreas (VIDEO)
- Analista: "La guerra comercial entre EE.UU. y China podría convertirse pronto en una guerra de divisas"
- Rusia vigila el destructor Carney de EE.UU. en el mar Negro
- Se desconoce el paradero de Jesús Santrich, exlíder de las FARC
- Estos son los asteroidesque más probabilidades tienen de colisionar contra la Tierra
- Secretaria de prensa de la Casa Blanca se pelea con funcionarios norcoreanos durante el encuentro entre Trump y Kim
- La delirante aventura de EE.UU. contra Irán Alberto Rodríguez
- El plan económico USA para reconstruir Palestina genera rechazo
- El G20 acuerda respaldar el libre comercio y la reforma de la OMC
- Erdogan: La entrega de los S-400 rusos a Turquía se realizará dentro de 10 días
E es miembro de N: Nadie sabe si son para NATO
+ US Ni para que los quiere.
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GLOBAL RESEARCH
Geopolitics &
Econ-Pol crisis that leads to more business-wars from US-NATO allies
-“Make
America Great Again” on July 4th: Trump’s Military Parade Is MAGA at Its Finest
By
Andrew Korybko
-Trump’s
Re-election? Did the Federal Reserve Already “Decide the 2020 US Election”?
By F. William Engdahl
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PRESS TV
Resume of Global News described by Iranian observers..
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