jueves, 12 de diciembre de 2019

ND DEC 12 19 SIT EC y POL



ND  DEC 12 19  SIT EC y POL 
ND denounce Global-neoliberal debacle y propone State-Social + Capit-compet in Eco

Some DATA CHARTS on economics BLOCKED:  Fascism at portas. See Below
More than ever we URGE TRUMP IMPEACHMENT

ZERO HEDGE  ECONOMICS
Neoliberal globalization is over. Financiers know it, they documented with graphics

This one was blocked
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We look to Larry Kudlow for color on what snapped in the first week of December, as left without an explanation the unexpected surge in claims is certainly an ominous inflection point for the state of the US labor market.
See Chart:
Initial Jobless Claims
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This means that by mid-January, the Fed's balance sheet will surpass its all time high of $4.5 trillion!
On December 31, 2019 and January 2, 2020, the overnight repo offering will increase to at least $150 billion to cover the "turn" in a flood of overnight liquidity.  In addition, on December 30, 2019, the Desk will offer a $75 billion repo that settles on December 31, 2019 and matures on January 2, 2020.
And just in case that's not enough, the NY Fed's markets desk also added that it "intends to adjust the timing and amounts of repo operations as needed to mitigate the risk of money market pressures that could adversely affect policy implementation, consistent with the directive from the FOMC."
What the Fed means is that in addition to expanding the sizes of its "turn" overnight repos to $150 billion, the Fed will conduct a total of nine term repos covering the year-end turn from Dec 16 to Jan 14, 8 of which will amount to $35BN and the first will be $50BNfor a total injection of a whopping $365 billion in the coming month.
And visually:
See Graph:

This means that by Jan 14, the Fed's balance sheet would have grown by a cumulative $365BN in "temporary" repos, and together with the expanded overnight repos, and the $60BN in monthly TBill purchasesand by mid-January, the Fed's balance sheet, currently at $4.066 trillion, will surpass its all time high of $4.5 trillion!
See Chart:
FED BALANCE SHEET

The question then is whether this will be sufficient to refute the repo Doomsday predicted by Pozsar, one which was supposed to launch QE4, or will the Fed's gargantuan liquidity injection still not be enough and lead to a collapse in the repo market. We will find out in the next three weeks.
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...$10,000 an ounce... a function of collapse of confidence in central bank money, which we’re already seeing...monetary resets have happened three times before, in 1914, 1939 and 1971...
Today’s environment is drastically different than it was in the late ‘70’s and early ‘80s when inflation was nearly out of control. Today, disinflation is the primary challenge central banks face, not inflation.
It’s impossible to imagine another Volcker today. Today’s markets depend on the artificially low interest rates that the Fed’s been generating since 2009.  Raising interest rates would devastatingly pop the asset bubbles in stocks and elsewhere.
But there has been inflation. It’s just been in assets like stocks, bonds, real estate, etc. The market’s back to record highs again, in case you haven’t heard.
The bottom line is, we’ve seen asset price inflation, and lots of it, too.
But the reason the Fed has struggled to attain its goals is that inflation is not purely a function of monetary policy. It’s a partial function of monetary policy. Psychology is the other factor.
So is double-digit inflation rate within the next five years in the future?
Money Illusion has 4 parts
BLOCKED
Fascism in Action:  This is why we URGE TRAMP Impeachment
Wit Trump in power .. anything could happens.. even WW3
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio

"Two senior Democratic aides said the total could be as many as a half-dozen, while a third said the number could be higher."
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White House claims victory on wall, Space Force, and ability to attack Iran...
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"...heartbreaking" indeed!
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The rebellious representative dismisses the next DNC debate...
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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

Apple share were already sliding in the pre-market session as tariff fears re-emerged but a report from Credit Suisse that iPhone shipments fell meaningfully in November sparked considerably more selling pressure.
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“The administration is preparing its talking points about how that’s the right thing to do. The message is that it will not be painful.”
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"...when it's serious you have to lie..."
See Chart:

And second, Lagarde confidently told the listening audience that "negative rates seem to work" even though she admitted that "the ECB is very aware of the side effects."
The question is "working" for whom?
See Chart:
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To date, the U.S. has enacted tariffs on over $550 billion worth of imported products from China. In response to the U.S. tariffs, China has added tariffs to $185 billion worth of exported goods from the United States.
See Chart:
Most traded goods between US & China
See Chart:
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In response, Al-Rumayyan "erupted" with expletives in both English and Arabic...
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Almost as if there never was a deal...
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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

ECOL:  Resistir es existir  Alberto Acosta
España:  Tres borrascas  Lluís Rabell
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INFORMATION CLEARING HOUSE
Deep on the US political crisis: neofascism & internal conflicts that favor WW3

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COUNTER PUNCH
Analysis on US Politics & Geopolitics

Steven Salaita   Renouncing Israel on Principle
James A Haught  Zealots in High Office 
James A Haught  Zealots in High Office
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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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