ND
OCT 9 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
Trump is incompetent to make deals with another power
nation.. HE IS USELESS
"They
have made no progress."
According to the report, the deputy-level negotiators, led
on the Chinese side by vice-minister for finance Liao Min, spent the time
focusing on only two areas: agricultural purchases and intellectual property
protection. This apparently was not enough.
And confirming that the week's entire negotiation was a
fiasco from the start, the SCMP reports that the Chinese delegation is planning to leave
Washington on Thursday - one day early - and after just one day of
principal-level talks, the SCMP source noted. Beijing’s negotiating team, headed by Vice-Premier
Liu He, had previously planned to leave Washington late on Friday, allowing for
up to two full days of talks.
Wednesday's announcement that the US
would block visa of various Chinese officials did not help.
In any case, with any hopes of even
a modest, or mini, trade deal now seemingly collapsed, so have futures, which
are puking after hours... (Dow futures -320 points)
See Chart:
See Chart:
….
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"...the Fed is monetizing
more debt not doing QE than when they were doing QE, which means they
are doing it and they are going to have to do more of it...this is a gigantic time bomb; we just have to
make sure that the fuse is longer. "
So, what is the
next move by central bankers? Schiff
says, “It’s more politically expedient to take the printing route, especially
because nobody believes they are going to destroy the currency..."
"They think they are going
to print enough money to reduce the value of the debt enough to make everything
go away. It’s like trying to get a little bit pregnant, which is impossible to
do. So, once they start monetizing debt in that way, then that’s it. The dollar is going to get killed.
That’s where we are headed. That’s the only thing that hasn’t happened yet.
Gold has broken out. Gold is over $1,500 per ounce, and it is hitting record
highs in most currencies. Not in the dollar, yet. The dollar is still relatively strong against other fiat
currencies, but the fact it is this weak against gold
shows you there is a lot of underlying weakness in the dollar that has yet to
manifest . . . but that is going to happen. When
the dollar starts to fall, that’s going to take the bond market down with it.
Long term interest rates are ultimately going to rise when the dollar tanks.”
See Chart:
Schiff predicts President Trump will not get re-elected but
not because of impeachment, but the failing economy. Schiff says, “The trade
deficits are bigger than they have ever been. They are bigger than they were
under Obama..."
"Manufacturing is already
in recession, and it will be deeper in recession by the time the election
comes. The numbers
are the worst they have been since 2009.
Most blue collar voters who voted for Trump in
2016 will be worse off in 2020. They will have
more debt, and they will have lower real wages if they even have jobs.
Now, who are they going to take a chance on, some socialist Democrat who is promising to punish the rich
and take their money and give it to them?”
….
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RELATED:
"...situations have turned negative."
Some of the hardest-hit companies in the loan space in the
last three months have been Amneal Pharmaceuticals,
whose $2.7 billion loan due 2025 plunged about 80 cents on the dollar, and
Seadrill Operating whose $2.6 billion loan maturing in 2021 only commands 53
cents on the dollar, said Bloomberg.
See Chart:
Another of the hardest-hit sectors in the loan market is energy, with $12 billion of
loans falling more than ten cents on the dollar. Consumer and health care
sectors are next, with collectively $13 billion in loans outstanding that are
starting to become distressed.
See Chart:
With cracks developing in the loan
space, the current meltdown is going unrecognized by most of Wall Street (which
didn't end well in 2008 or 2015 for stocks).
See Chart:
The accumulation of excessive leverage and high exposure to
loans of non-financial companies adds to the uncertainties that corporate
America, as highly leveraged as it is, could see an
epic implosion as the next recession could arrive as early as 2020.
[[ that is: before elections;
SO Trump has no chances for re-election.. better quit
now ]]
….
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TO DECET YOU: Trade deal odds had lifted...
See Chart:
Market – Implied odds of a US_China
trade deal
BUT,
despite ‘gains today’, US majors remain red on the week...
See Chart:
Volume overall was notably weak -
around 30% below average...
See Chart:
Treasury yields were all higher
across the curve.. BUT ended below 0.0421
See Chart:
Finally, the median stock is trading
at a key trendline level...
See Chart:
Value Line Geometric Composite Index
And don't forget, it's all about
fun-durr-mentals... below -3.90
See Chart:
Is it time
for another quant-quake?
See Chart:
Market-Neutral
Momentum
Sad to see it.. but THE
NEOLIBERAL COLLAPSE IS REAL
….
SOURCE: https://www.zerohedge.com/markets/late-day-china-trade-headline-spoils-low-volume-stock-market-party
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Here a claim to be skeptical on all findings show below..Does it deserve to be read?
...a closer
examination of a new NEW
YORK TIMES ARTICLE TAKING AIM AT TRUMP'S TAX-CUTS, provides several clear signs that something fishy
is going on with the underlying numbers....
Does this Picture reveals all or nothing?
You decide!:
While supporters of wealth taxation quickly claimed vindication for
their cause in these findings, a closer examination
provides several clear signs that something fishy is going on with the
underlying numbers.
Emmanuel Saez and Gabriel Zucman, two UC-Berkeley economists who are
also currently advising the Elizabeth Warren campaign for president show that the overall tax burden (federal, state, and local)
on the ultrarich, defined as the top 400 earners, has now fallen below the rate paid by even the poorest
decile. As the chart below implies, these findings also represent a long-term regressive shift in taxation over the past 70
years.
See Chart:
Total Tax Rate (Federal, State and Local)
The rich always pay & have
who can defend them:
The Institute on Taxation and Economic Policy (ITEP) maintains a
separate estimate of the average state and local tax burden across the
income quintiles found in the CBO series. According to
ITEP’s most recent numbers, the top 1 percent currently pays an effective state
and local tax rate of about 7.4 percent. The
bottom quintile pays about 11.4 percent. These numbers confirm the
moderate regressivity of state and local taxation, but
they are also far short of being able to reverse the more pronounced
progressivity of federal taxation.
Jason Furman, former chairman of the Council of Economic
Advisers under President Obama, combined the
CBO and ITEP estimates in response to the New York Times report. His main figure appears below, and it confirms that the overall tax
distribution for the most recent available year in both series (2016) is clearly
progressive. Even
though state and local taxes do increase the burden on the poor, the wealthiest earners still pay a much higher tax
share.
See Chart below
Average Tax Rates by before-Tax
Income distribution, 2016
As of this
writing, neither economist has offered a clear answer save to note that their
methods will be included in their forthcoming book release on the subject. Zucman has hinted in
his comments since the Times article that their 2018
estimates work around the IRS release by using available totals of corporate
tax revenue, and distributing it across the top 400 earners to get their
results.
Since all above researchers didn’t provide additional details of the exact
assumptions that went into the 2018 estimate, their approach
seems both premature and empirically dodgy. [[ Why? because you
can’t take a position on key matters of life?]]
Saez and
Zucman released their new findings by providing privileged access to a friendly
newspaper’s editorial page. Rather than shedding light upon
important questions of scholarly inquiry, the result is a splashy story
designed to capitalize on the news cycle and lend support to partisan electoral
politicking. More
analysis is needed, rooted in established methods and publicly available
sources since the CBO and ITEP story is
also likely wrong.
….
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Along with being Amazon'd, the big box
retailers are adopting automation at a light-speed pace and havecut
over 42k jobs in the last 12 months.
====
US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
"This
is a significant
shift in the factual timeline."
====
"This is unprecedented in terms of what
all of us are facing as a community. We are doing everything we can to minimize the
impact on our customers’ lives."
====
Trump paid
propaganda against E Warren may her stronger
"From
predominantly black neighborhoods in Detroit to Navajo communities in the southwest..."
…..
Trump has ZERO credibility in our
nation. His lies are easy to decipher-uncover. Trump already owes money to our
Nation for his campaign : Trump
Owes More Than $840,000 in Security Costs for Campaign Rallies
====
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
...it’s no secret, all
across the Global South, that under the cover of a benign umbrella promoting democracy and human rights,
the NED works as a soft-power
mechanism actively interfering in politics and society...
====
XENOPHOBIA AGAIN .. this is idiotic
"It is outrageous that
the Chinese Communist Party is using
its economic power to suppress the speech of Americans... we urge you
to suspend NBA activities in China until
govt-controlled broadcasters end their
boycott" [shut your
ass idiot]
….
[[ China has nothing to do with the economic
disaster we suffer.. this is total responsibility of Trump: the bad
& incompetent administration we have.. worse even than Nixon’ who had the
decency of quit before election. IF someone has to go to concentration camps,
run by Dems, is Trump. We don’t have to send it to
China.. they don’t accept any type of US pork. ]]
====
FALSE FLAG AGAIN: it
is with the complicity of Trump that Turks’re bombing Syria
Turkey will
pay a "big economic price" if the Syria operation is done
"unfairly" ?? Trump said;
meanwhile at least 8 ?? Syrian civilians
have been killed in the opening
hours of the assault.
….
This also counts
with the complicity of RU whose oil business is at stake. RU should have sent
the proper weapons to Syria to defend themselve
====
They believe ‘stupidity’ is the rule in our time:
The Fed
rhetoric that implies end of cycle is being confirmed by the continued data
deterioration. The Fed got behind the curve, and now they are now attempting to
catch up.
====
SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO
..Focus on neoliberal expansion via wars & danger of WW3
- Trump Agrees on Need For Sanctions Against
Turkey After Incursion Into Syria, Wants Something 'Tougher Than Sanctions' IS Trump falling in the trap of his own
words?
- 'Beetles?' Trump Trolled for Typo as He
Tweets Two 'Worst of the Worst' Daesh Fighters Out of Syria
- Erdogan
Expresses Hope to Discuss F-35 Exports With US Despite Trump's Threats So, Trump is not falling in his trap.. nor Erd-trap. He
is supporting Erdogan attack to Syria
- Turkish
Defence Min Outlines Reasons Behind Its 'Operation Peace Spring' in Syria The only real “operation
peace” for Syria will be the bombing of Turkish towns
- ‘Legalities
Have Secondary Importance’: Trump Impeachment Success Hinges on Winning Public
Opinion
Is this a maquiavelian or a fascist game? Or both?
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes &
terrorist imperial chaos
REBELION
Perú: ¿Cambio o transición? Fredy
León
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ALAI ORG
====
RT EN
ESPAÑOL
- "Los medios son corresponsables de la crisis en Ecuador": ¿un estallido social silenciado?
- Turquía inicia una ofensiva terrestre en el norte de Siria
- Trump sugiere medidas "más fuertes que sanciones" contra Turquía por su incursión en Siria
- Ecuador, el último asalto neoliberal
- Pompeo: "US. no dio luz verde a Turquía para invadir Siria" Pero los van a premiar con mas aviones
- Asesora de Erdogan: EE.UU. no cerró el espacio aéreo para evitar ataques de aviones turcos en Siria
- Experto asegura que EE.UU. pretende fragmentar Siria por medio de operación turca
- Chile: El comercio con EE.UU. no excluye tener lazos con Rusia
- "No nos culparán a los indígenas por la delincuencia en Quito": la lección de un hombre mayor sobre la huelga general
- Apple elimina una aplicación utilizada por manifestantes de Hong Kong para rastrear la ubicación de la Policía
- "De momento, la tormenta más potente en la Tierra": "Violento" supertifón Hagibis se dirige hacia Japón
- El Zoom Ecuador: medidas incendiarias
- Keiser Report "La burbuja de activos más grotesca de la historia será la causante de la próxima crisis crediticia"
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INFORMATION CLEARING HOUSE
Deep on the US political crisis: neofascism & internal
conflicts that favor WW3
-Syria - Turkey Again Invades By Moon Of Alabama
- Betraying Kurds is the American Way By Finian Cunningham
- Tracking foreign interference in Hong Kong By
Pepe Escobar
- Reheating the Cold War By André Vltchek and Ross Ashcroft
- Lost wars can bring down empires By Lawrence Wilkerson
- Read the whistleblower's memo about Trump's
Ukraine call By Arden Farhi
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COUNTER PUNCH
Analysis on US Politics & Geopolitics
Dean Baker Trump’s
Trade War: a Report From the Front
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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
- Julián
Castro Slams Trump’s “Deranged” Immigration Policies After Escorting Asylum
Seekers to Border
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PRESS TV
Resume of Global News described by Iranian observers..
- Condemnations pour in over Turkey's Syria operation
- Ennahdha finishes first in Tunisian parliamentary elections
- Tunisian presidential candidate freed from jail
- 1000s of Daesh inmates may flee Syria jails amid Turkey op
- Iraq PM vows cabinet reshuffle, probe into killings
- Activists stop plans to turn Latin Village to apartments
- Climate protesters shut down London for 2 weeks
- Iran's Larijani cancels Turkey visit over Syria incursion
- ----
- PROGRAMS
- UAW strike: A blow to Trump
- The dangerous business of working for Saudi and Emirati royal families
- Turkey Syria offensive
- Largest US military exercises since the Cold War
- Israel's intolerance problem
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