ND
JAN 31 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
Central banking elites kicked off the New Year with a
stream of comments about the past successes and the future challenges of
monetary policy. We’ve copied in a few of their quality quotes here, but would
also highly recommend that you take the time to read, in particular, Mr
Bernanke’s speech/paper:
- https://www.brookings.edu/wp-content/uploads/2019/12/Bernanke_ASSA_lecture.pdf
- https://www.brookings.edu/blog/ben-bernanke/2020/01/04/the-new-tools-of-monetary-policy/
The BIS, the World Bank, and the IMF released year end
reports filled to the gills about the concerns of unprecedented debt expansion:
We are going to go out on a limb and suggest that it might be the unprecedented inflation (pun
intended) of outstanding debt that the monetary policy nobility are missing in
each and every of their senseless comments/arguments/conclusions. There
is a reason they call end of cycle dislocations something like a “Debt Crisis”
or “Credit Bubble” or “Default Cycle”, because debt is what matters!
The IMF and World Bank pieces, on the other hand, focus on
the actual state of the world. The World Bank piece comes with a link to a
spreadsheet with the data behind their wonderful charts. What we take from
these pieces, in particular the World Bank book, is that historically long
periods of debt accumulation end in financial crisis, notably in Emerging and
Developing Economies (EMDEs).
The most recent wave of debt commenced in 2010 and now has
the world at all-time unprecedented levels of debt, but what really stands out
is the relative increase in debt in Emerging and Developing Economies, and
specifically Private sector debt, overwhelmingly from China.
See Chart: Figure
1: Global Debt
Figure 2: Debt in Advanced Economies
See Chart:
Debt as percentage of GDP
Figure 3: Debt in Emerging and Developing Economies
See Chart:
Debt in EMDES vs Percentage of
GDP
This leads to the problem very clearly depicted in the below
graph. Despite the unprecedented expansion of debt, what some might proclaim a
bringing forward of demand, growth in EMDEs continues to slow.
Figure 4: Debt to GDP vs GDP growth
in Emerging and Developing Economies
See Chart:
Growth vs debt
in EMDEs as % of GDP
Figure 5: Debt to GDP vs GDP growth China
See Chart:
As ever, we have no particular insight as to what the future
holds, how or when this cycle might end. Just simply that, thus far, they all
end. The accumulation of debt doesn’t, per se, tell you where or when a fire
might start, but rather where a spreading fire might cause the costliest
damage. Again, the next three charts from the World Bank piece show that EMDEs,
and in particular China, are where the combustible material has really built up
in this wave.
Figure 6: Rate of Change of Total Debt (EMDEs – Emerging Market Developing Economies)
See Chart:
Rate of Change in total DEBT vs. % Points of GDP (Emdes excluding Chi vs
adv Econ)
See more interesting charts & comments at:
SOURCE: https://www.zerohedge.com/markets/convex-strategiest-certain-dichotomy-has-come-our-attention
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
The clowns of the circus
Impicht (paid lawyers + Bolton) declare strike & aband d farce
Al Sharpton to Trump... YOU'RE FIRED! (to his ears & with a very
friendly hug)
….
….
What happens?
Apparently
nothing.. but every body is expecting the words above ‘YOU ARE FIRED” from the
Supreme Court. If they care for PEACE
& DEMOCRACY in the US .. they will do it before Wednesday . WE
HOPE SO!
====
Being born White these days comes with a lot of excess baggage...
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It's
becoming a weekly thing...
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OPIUM DREAMS:
51 to 49
….
That was Friday count. On Thurday it was 53-47 in favor of Trump. In 1 day Trumpist
lose 2. Lastnigh Friday there was 1 more defection among trumpist and very possible 2. So, next week on tueday
there will be 53 against Trump. Then the ‘YOU ARE FIRED’ from Al Sharpton to Trump in his ears
+ a hug WIL BE REAL. If we don’t see another hug from Al Sharton it
will be because next Tuesday or Wend the Supreme Court
will press Trump to RESIGN or FIRED. I guess he will prefer the R than the F. WW3 could’ve
saved Trump from Impeachment but is late
to do it even if Bolton help him. Clinton scape from impeachment by bombing Yugoslavia. RU-China are now ready to respond
immediately if this happens again. So, the only
chice for Trump is RESINING POWER. Not way to
hide, the bunkers of Jerusalem will be bombed .WW3= mills of US citizens death and
the final result will be MAD. A new Nurenberg
Trial will condemn Trump to death, if he is still alive. I doub it: he already has
price on his head. Billonaires in- &- out hate him to death. Snipers love
him.
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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
NAZY STYLE:
"Hello
zerohedge, Your account, zerohedge has been suspended for violating the Twitter
Rules."
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I did suspect of “biochemical” weapon to destroy China’ polit-economy. By whom?..
"Oh my
god..."
…..
By Whom? Make a list of worse enemies of China and you
named…
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"From the investor's point of view, itraises a red flag."
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Chinese President Xi Jinping is leading a scientific "People’s War" against the coronavirus...
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"Staying at home is contributing to society."
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It’s all shaping up to be a world-class disaster...
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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
PAL:
Palestinos solo
tienen una opción, quedarse y pelear
D Hearst
ALC:
El poder de las
madres Laura Carlsen
ECON: neoliberalismo y Foro de
Davos Hedelberto López
Mund: Proletarización desenmascara
el “pseudomodernismo” Said B
PAZ:
Diez mensajes para
una campaña por la paz Richard Moser
ECOL: Tierra
caliente, en todos los sentidos Vanessa Dourado
ECOL: fertilidad de la Tierra La bruja y el brujo Gustavo Duch
ECON: "Necesitamos mas acuerdos
de cooperación” Sergio Ferrari
FEM
Goldman Una voz anarquista en la
revolución rusa Jesús Jaén
Opinion : En serio y en broma Jaime
Richart
ARG:
Qué mundo le
espera al nuevo gobierno? Esteban Actis
UE:
Davos y Porto
Alegre, los contrastes Celso Japiassu
España Pin parental y educación
tóxica Jon E. Illescas
Colombia La máquina Boris
Rojas
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ALAI NET
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RT EN ESPANIOL
Reino
Unido dice adiós a la UE: Las 7 principales incógnitas que deja el Brexit en su
estreno https://actualidad.rt.com/actualidad/341602-principales-incognitas-brexit-fronteras-sanidad
Maduro
solicita a la Asamblea Constituyente reformar el Poder Judicial de Ven https://actualidad.rt.com/actualidad/341572-maduro-solicitar-reformar-poder-judicial
España
degrada a Juan Guaidó a turista y trata a Nicolás Maduro como presidente https://actualidad.rt.com/opinion/luis-gonzalo-segura/341635-gobierno-espana-degrada-juan-guaido-turista
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COUNTER PUNCH
Analysis on US Politics & Geopolitics
Melvin Goodman The Real
John Bolton
Jeffrey St. Clair Roaming
Charges: The Steal of the Century
Jim Kavanagh The
Party’s Over: Bernie’s Last Dance With the Dems
Kathleen Wallace Do
Not Light That Fuse DNC
Louis Proyect 21st
Century Socialism
Rob Urie The
Open Letter and the DNC
Robert Fantina The
‘Deal of the Century’ … For Israel
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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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ASIAN NEWS
Press TV
- Tear gas, rocks fly in Chile as protesters face off with police
- US military prepares for war with Russia: Report
- New telescope reveals sun's surface in closest detail yet
- US Senate rejects witnesses in Trump impeachment trial
- Britain officially leaves the European Union
- Trump to expand travel ban to six more countries
- Algeria anti-government protesters back on street for 50th consecutive week
- US envoy warns Palestinians against confronting Trump plan
- Will Brexit revive sectarianism in Ireland's north?
- ‘Coronavirus looks tailor-made to achieve US objectives’
- Iraq's Ayatollah Sistani slams Trump's ‘unjust’ plan for Palestine
- Syrian army captures more areas in southern Idlib
- US raises number of troops injured in Iran attack to 64
- Oliver Stone: United States is ‘the Evil Empire’
- US wants Syria destroyed for not bowing to Israel: Activist
- US sanctions will never interrupt Iran nuclear program: AEOI
- FBI probing possible Israeli role in anti-American hacking
- Support for Israel runs deep in US administrations
- Tear gas, rocks fly in Chile as protesters face off with police
- Will Brexit revive sectarianism in Ireland's north?
- PROGRAMS
- Brexit
- Deal of century
- Railway industry
- Free Palestine
- Battle for Idlib
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