APR 29 20 ND 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
Seconds
before the US GDP print, a well-timed report (and aggressively disseminated by mainstream
media) on
marginal success in a COVID therapy (mortality rates improved
from 11.6% to 8.0%), which was then promoted by Fauci (who played down
another study from The Lancet that showed no effect from the COVID therapy),
distracted the stock market algos just enough from the economy's
worst collapse since 2008 (and
devastation in consumption)..
See
Chart:
US GDP shrinks 4.8% in Virus
Hobbled Q1 vs. Fauci - FED Powell report
Look over there
And Ignore this
See Chart:
And ignore this too
See
Chart:
Nasdaq
(green) vs NASDAQ Consensus 12m EPS (red)
Oh and even better news - expectations
are for another 4-million-plus initial jobless claims tomorrow - that should be
good for more stock market gains, BECAUSE REMEMBER FAKE DRUG TRIALS + HELICOPTER MONEY
= GOOD!
See Chart:
With Small Caps now up over 10% on the
week - NOTE that for the 3rd day in a row, the close was weak.
Small Caps are up 41% off
the lows...
See Chart:
Bond yields caught up to
stocks today... then fell back
See Chart:
30Y YIELD spiked on The Fed,
only a few bps, but back into its two week range...
See Chart:
The B-dollar Index extended
its decline to two-week lows...
See Chart:
And as the dollar dived,
gold spiked on The Fed's confirmation that it will do "whatever it takes"...
See Chart:
Oil managed magnificent gains in the
front-month once again after a smaller than expected crude inventory build BUT
faded late on
Quite a round trip on the
week...
See Chart:
Finally, don't forget... NEAR RECORD
HIGH VALUATIONS OF THE S&P AS ECONOMIC CONFIDENCE IS NEAR RECORD LOWS?
See Chart:
….
SOURCE: https://www.zerohedge.com/markets/fauci-fed-distract-stocks-crushing-collapse-economy-gold-spikes
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"These data are ugly, and are set to get much worse."
It's perfectly fitting that in an
economy which - as of tomorrow morning - will have 30 million newly unemployed
workers (and perhaps
as many as 50 million), and where the recession
officially began after the biggest GDP plunge since the financial crisis (soon
to be followed by an even worse collapse in Q2 growth) that stocks would soar
almost 3% and tech names are now flat for the year.
See Chart:
Stocks exploded because thanks to
central planning, the worse the news for the ordinary man on the street, the
richer Wall Street gets, courtesy of Powell. Here are the details from JPM:
US GDP growth for 1Q fell 4.8% q/q
saar. If there is any good news in
this report, don’t believe it. These data are ugly, and are set to get much
worse.
Notably, we have not changed our call for a 40%ar plunge in current-quarter
GDP—but we lowered our 3Q20 projection so as to leave the level of GDP by 4Q20
unchanged at a huge 7% below its 4Q19 level.
So now that we are in a quarter when
the US economy is expected to shrink by 40%, or about $9 trillion, stocks are now
just 10% below their all time highs, and at the current pace of levitation,
will surpass the previous records in a few days.
Incidentally, when Jerome Powell was
asked what he thinks of this absolute idiocy, and if he is guilty of
encouraging moral hazard and pushing stocks higher, he said that "we want markets to work, we are not focused on asset prices",
to which he added that "it's been good to see
markets working." Which by implication means that when MARKETS ARE DOWN, THEY NO LONGER "WORK."
….
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The self reproduct of neolib
system don’t work. Capit-invest doesn’t growth
"USD is a weapon for the US,
but a source of insecurity for other
countries. The currency the world ultimately chooses for global
trade must not be one that gives someone privilege, while exposing others to
insecurity.”
….
China did nothing yet to put USD down in the global
market. They can use the Shanghai –Pact countries to cut USD & set-reg
currency if don’t like Yuans.. and they
will certainly doing it if US continue threating China with evil blackmail tactics.
China has nothing to lose. US will lose BRA
+ more countries involve in tras-atlatic reail-roads to unite 5 countries in the South + 4
countries in the North, all of them with a single currency. What the US
is going to do? Bomb BRA? Impossible.. all US comp + US Embassies will be
bombed not by BRA but by all Latino “CHE”
brigades .
====
From bad to worse at Nation- level. The Nation of Pilgrims became Anti-Pilgrim
“Without action, these issues will have
profound negative economic effects”
….
More than 200,000 people who are in the United
States on an H-1B visa, which is a temporary work visa for people with
specialized skills, could soon seen their status in the U.S. turn to
"illegal".
One
perfect example is Manasi Vasavada, who has
worked at a NJ dental practice for almost two years. She has been on
unpaid leave of absence since it closed in March. Her
husband Nandan Buch is also a dentist and the couple may not be able to stay in
the U.S. - but can't go back to their native India, which has also closed
its borders.
And
they are just a microcosm of the 200,000 guest workers in the U.S. that could
be facing similar problems. Their legal status could be in jeopardy by the end
of June and thousands more who are not seeking resident status could be forced
home.
A
lobbying group that represents Apple, Amazon, Facebook, Google and
Microsoft sent a letter to the State and Homeland Security departments
on April 17 urging for relief for foreign born workers.
The letter specifically requested a delay in work authorization expiration
dates until September 10.
The
letter said: “Without
action, these issues will lead to hundreds of thousands of unfilled jobs and
have profound negative economic effects.”
The
Trump administration, which has consistently taken a hard-line approach to
immigration, has not responded to the letter yet. Non-immigrant
visas have declined from 10.9 million in 2015 to 8.7 million in 2019, falling
for four straight years.
Meanwhile, in-person services at U.S.
Citizenship and Immigration Services, are suspended until at least June
4.
….
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Ok, so when will it
be the time to worry about the Federal debt?
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US DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds &
corruption. Urge cambio
"It's scary."
….
We
have described
the financial troubles that were ahead for Superhosts in late March
after noticing nationwide lockdowns led to a crash not just in the tourism and
hospitality industries, but also a plunge in Airbnb bookings. It was to our
surprise that Airbnb's management understood many of their Superhosts were overleveraged and insolvent, which forced the
company to quickly erect a bailout fund for Superhosts that would cover part of
their mortgage payments in April.
SEE
CHART:
Jennifer
Kelleher-Hazlett of Clawson, Michigan, spent $380,000 on two properties in
2018. She and her husband borrowed $100,000 to furnish each. Rental income
would net up to $7,000 per month from Airbnb after mortgage payments, which
would supplement her income as a part-time pharmacist and husband's work in
academia.
Before the virus struck, both were expecting to buy more homes – now they can't make the payments on their
Airbnb properties because rental income has collapsed.
"We're either borrowing more or defaulting," she said.
====
Parts suppliers and the auto workers union still have questions that
need to be ironed out...
====
"I remain highly suspicious of the failure of these
companies to better protect workers..."
====
VOTAR
SOCIALISM SI HAY FRENTE UNIDO
U OPTAR POR ABSTENCION SI NO LO HAY
Respuesta a :
"I remain highly suspicious of the failure of these
companies to better protect workers..."
….
….
Ya no hay tiempo para meras
sospechas. Si están claros los intereses que defiende el sistema de poder vigente
y son muchos los que se quedan sin futuro, la unica
alternativa es organizar la lucha por futuro
o vida, esto es, por crear el nuevo socialismo, sin traidores ni felones.
El Socilaismo es un sistema donde inversor productivo (no especulador) se une al labor organizado
en la defensa del Public Need (la mejor Educ y salud para todos, salario negociado entre el
Capital y el labor, casas para todos y el apoyo total a la niñez, a la
madre y a la vejez).
Eso es socialismo, el sistema que vendrá a reemplazar el neoliberalism criminal de los
grandes millonarios.
Ellos temen el
socialismo y usan las elecciones para reciclar su sistema. La media, o
prensa corporativa sirve a ellos y digan lo que digan la nación cree cada vez menos en sus mentiras.
Cuando el viejo sistema no
termina de morir y el nuevo lucha por nacer, lo más
humano y hermoso es apoyar la fuerza por
nacer.
No votar si no hay Frente
Popular Unido por quien votar, es nuestra consigna. JAMÁS VOTAR POR DEMS
NI REPS, son la misma porquería.
Al parecer los verdes y elites del viejo socialismo están
tratando de crear un Frente Popular. No se trata de ganar las
elecciones, se trata de darle voz y
espacio al socialismo emergente. Buena voz!.. Buena noticia!
Se trata de decirle a los
que defienden el caduco sistema neoliberal que los socialistas no vamos a
transar jamás, que nuestro objetivo es la Rev Popular por una PATRIA SOCIALISTA que
reemplace el capitalismo podrido.
Mientras tanto el voto por
un Frente Socialista + la Abstención + el voto Nulo
son nuestra consigna, son nuestros 3 recursos electorales válidos para
enfrentar el momento.
Yo votare por un
FRENTE unido del Mov Socialista si lo
hay y me abstendré si no lo hay .
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...even in a best case scenario, life is not going to return to “normal” for
the foreseeable future, and it is entirely possible that some restrictions could remain in place well into
2021...
====
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
So much for "caution"...
….
The
same may happens in US, perhaps worse since Germ-best H-System
====
“It’s almost as if it’s seen as just another flu vaccine,”
….
I
guess they imported the best vaccine: Avigan from JA, with China root
====
SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO ..Focus
on neoliberal expansion via wars & danger of WW3
- Like After 9/11 Aviation Industry Should
Expect New Legislation After COVID-19 Pandemic, Pundit Says
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NOTICIAS IN SPANISH
Lat Am search f alternatives to
neo-fascist regimes & terrorist imperial chaos
REBELION
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CV: CHINA Y EL CORONASHOCK I T I S
====
RT EN ESPAÑOL
México registra su día más
letal por la pandemia del CV con 163 decesos https://actualidad.rt.com/actualidad/351677-mexico-registrar-dia-mas-letal-coronavirus
Trump culpa a China por el CV
y lo acusa de intentar socavar su reelección
https://actualidad.rt.com/actualidad/351681-trump-china-coronavirus-consecuecias
Trump alienta guerra con CHI como maton de esquina. Ridiculo
Fármaco remdesivir
"tiene efecto positivo" en recuperac d pacientes con CV https://actualidad.rt.com/actualidad/351641-mortalidad-pacientes-remdesivir-coronavirus
Trump busca crear vacuna
contra el CV y fabricar 300 mill de dosis para enero https://actualidad.rt.com/actualidad/351686-trump-acelerar-creacion-vacuna-coronavirus
US compra 100.000 bolsas más
para cadáveres en previsión por la pandemia https://actualidad.rt.com/actualidad/351668-eeuu-bolsas-cadaveres-coronavius
JA "No debimos haber levantado el estado de
emergencia" https://actualidad.rt.com/actualidad/351658-isla-japonesa-segunda-ola-pandemia
Estos son los 10 países con
más nuevos milmillonarios desde la última crisis https://actualidad.rt.com/actualidad/351621-infografia-paises-nuevos-multimillonarios-decada
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INFORMATION CLEARING HOUSE
Deep on the US political crisis:
neofascism & internal conflicts that favor WW3
The Hard Fist of American Imperialism By Michael Hudson
The Coming Greater Depression of the 2020s By Nouriel Roubini
How Trump regime ‘engaged in a coverup’ of
the CV By Brad Reed
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COUNTER PUNCH
Analysis on US Politics &
Geopolitics
Paul Street Coronavirus
Capitalism and “Exceptional” America
Nick Pemberton A
Different Kind of COVID-19 Protest
Jonah Raskin Agricultural
Cooperatives Will Help Save the World
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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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