jueves, 7 de noviembre de 2019

ND NOV 7 19 SIT EC y POL



ND  NOV 7 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 demographic situation the world faces is unprecedented and unparalleled in modern history...

See Chart:
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SOURCE:
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...people in government generally do not want the public to know when the system is in decline because this looks bad for them. They prefer to rig statistical indicators as much as possible and hope that no one notices...


There are many problems when attempting to track a faltering economy. For one, the people in government generally do not want the public to know when the system is in decline because this looks bad for them

They prefer to rig statistical indicators as much as possible and hope that no one notices.

When the crash occurs, they then claim that “no one saw it coming” and the disaster “came out of nowhere”, so how could they be to blame?

I have even heard it argued that political leaders, including the president, have a “duty” to lie about the state of the economy because once they admit to the decline they will cause a panic and perpetuate the crisis. This is stupidity. If an economic system is in disrepair and is built on a faulty foundation, then the problems should be identified and fixed immediately. 

Another factor, which some people might call “conspiracy theory” – but it has been proven time and time again in history – is that the money elites have a tendency to engineer economic disasters while deliberately hiding the real statistics from the public. Why? Well, if the real data was widely disseminated, then a crash would not be much of a surprise and the populace could be prepared for it. 

The most rigged statistics tend to be the least important overall in analysis, but this does not stop the mainstream media and investors from hyper focusing on them. How many times have you told friends and family about the collapse in manufacturing or the explosion in consumer and corporate debt, only to hear them say, “But the stock market is at all-time highs!” 

While the issue of rigged statistics makes analysis of a crash difficult, a willfully ignorant citizenry makes reporting on the real data almost impossible.
 
Here are the indicators so far that prove a crash is happening in the U.S. while a majority of the public is oblivious:

GDP numbers are completely manipulated. Government spending of taxpayer dollars on a number of inflated programs, including continued spending on Obamacare, is added to GDP calculations. 

Without this fancy accounting, U.S. GDP growth would actually be negative, according to ShadowStats. But even with the juiced data, official GDP growth is still in decline, falling to 1.9% and well below the 3% growth we were supposed to see this year.

Official unemployment stats remain at all-time lows, which is commonly cited by the mainstream media, Donald Trump (he used to argue the opposite three years ago), and even the Federal Reserve in reference to the health and stability of the economy. What they do not mention much is the 95 million people not in the labor force and not counted because they have been unemployed for so long. When the media does mention this fact, they claim the number is “misleading”, that most of these people are students or retired, that the retirement age is decreasing and Baby Boomers are leaving the workforce sooner, and that the people who don’t have jobs are simply “not interested” in working. None of this is true.

The retirement age is increasing in the U.S., not decreasing, according the SS Administration. Current average retirement age is now 67, up from 65, almost the same as it was during the Great Depression.

Baby Boomers are not retiring at rates similar to ten years ago, and are in fact attempting to stay in the workforce due to the poor economy. Many of them are trying to come OUT of retirement just to make ends meet.

The labor participation rate remains near record lows.

Interestingly, the Bureau of Labor Statistics (BLS) house survey that is used to determine if people “want a job” assumes that if you are near retirement age and do not have a job, you are simply not interested in a job, and they count you as “non-participating”. However, if you DO have a job and you are near retirement age, they count you as participating. It’s a rather convenient assumption on the government’s part to claim that just because an unemployed person is near retirement age, that means they “don’t want a job”.

While there is surely a small percentage of the 95 million people not counted in the labor force that do not want a job, if unemployment stats counted U-6 measurements as they used to, the unemployment rate would be closer to 20%.

Another problem is the quality of jobs being created. U.S. manufacturing jobs, as well as higher wage jobs, are in steep decline. They have been replaced with low paying jobs in the service sector.
Real wages in the U.S. have not kept up with inflation. The average worker is now losing money overall as prices rise beyond the pace of their incomes.

As more and more Millennials say they cannot afford to buy a home, rental prices have skyrocketed in the past several years.

The home ownership rate plunged starting in 2006 and has not recovered since.

U.S. manufacturing has fallen to levels not seen since the crash of 2008.


U.S. factory orders have slumped in 2019.

U.S. Services PMI continues to falter since spring of this year. Job growth is now slowing and over 8,500 retail stores have been closed down already in 2019. Web-based retail is not picking up the slack, as online sellers like Amazon are suffering from falling profits.

Corporate profits overall have tumbled this year and projected future profits have been drastically adjusted to the downside.

Corporate debt, consumer debt and national debt are all at historic highs. Corporate cash flow is so tight that Federal Reserve repo purchases continue to run into high demand. This debt signal is one we saw in 2007, just before the credit crisis.

U.S. trucking and railroad freight continue to log steep declines in traffic and goods. This tells us what we already know: Even though consumer spending has increased recently, this does not mean people are buying more stuff or have more disposable income. What is really happening is inflation, or stagflation. Cost of living is going up. Debt payments are going up. Consumers are spending more on the same amount of stuff, or less stuff, and have less expendable income. U.S. consumers are being bled dry.

All of these factors and more show an economy in recession or depression (depending on what historic standards you use). In the darker corners of the investment world, the great hope is that the central banks will return to pumping trillions into the banking sector ($16 trillion during the TARP bailout dwarfs the $250 billion the Fed has recently pumped out in their repo markets). They hope that this will free up even more credit. Meaning, they believe only more debt will save the system from suffering.

I say, time is up on the debt party. More stimulus will not stall the crash that is already happening, and the Fed does not appear poised to print anywhere near what it did during the credit crisis, at least not in time to change the trend. The can has been kicked for the last time. The grasshopper mentality will not save people from the clear reality. Only preparation and planning will.
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The markets... have now extended the recent panic-buying to "extreme greed" territory...
See Chart:  [[ The official STORY  first. The truth comes at the end  ]]

FEAR and Greed Index

US (cash) markets gapped open and then drifted all day with Small Caps barely holding on to gains...
See Chart:

All thanks to an initial short-squeeze, which, however, gave it all back by the close as it appears the ammo for these pushes is running dry...
See Chart:
“Most Shorter”  Stocks  DAWN

US Homebuilder stocks tumbled as rates soared...
See Chart:

That is a $450 billion addition to market cap for APL...
See Chart:

It was a bloodbath in bonds today as Treasury yields exploded higher...
See Chart:

UST  30 y Yield  DOWN
See Chart:

But bear in mind that the un-inversion of the yield curve is the typical pattern ahead of a recession...
See Chart:

Notably the dollar rally stalled at the highs from FOMC day...
See Chart:

Trade deal optimism sparked the ubiquitous dump PMs, pump crude/copper trade...
See Chart:

Gold was monkeyhammered to 3-month lows... before rebounding
See Chart:

Finally, will gold catch down to global negative yielding debt volumes or are rates set to tumble once again?
See Chart:

And if the trade deal is so close... why does the market keep backing away from the surges in the odds of a deal?
See Chart:
Market implied odds  of US-China Trade Deal

And just a gentle reminder, the last two times that yields rose this aggressively did not end well for stocks. As Bloomberg details, the five-week change in the 10-year yield is now 40 bps...
See Chart:

...and the last two times we reached that threshold were Oct. 8 and Feb. 2 of last year -- both bad days for stocks.
See Chart:
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio


"Kent, the deputy assistant secretary of State for European and Eurasian Affairs, oversees administrative policy in a bloc of Eastern European countries, including Ukraine."
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Are investors more likely to lose money betting on an aging company that owes the banks money or in today’s bell-ringing darlings of Wall Street? We decided to run the numbers and see...
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Stock markets are making new highs, but... there are a lot of cracks under the surface...
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With the U.S. presidential cycle gearing up, Elizabeth Vos takes stock of lessons from 2016...
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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


US  intervention  could be worse than drug cartels.. for them & for US

"... there is one — and only one — way to get rid of drug cartels, drug gangs, and drug lords. That way is through drug legalization..."
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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:

Bolivia:  La crisis post-electoral boliviana  Pablo Stefanoni
ECON:  La epidemia llamada  riqueza  Ricardo Luis Mascheroni
COL:  Relato ante el féretro  Carlos Meneses Reyes
España: La vuelta del bipartidismo  I Moreno [facilita la compra de votos?]
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ALAI ORG

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RT EN ESPANIOL
El modelo nuevo hoy usado no es funcional para mi reporte


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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