MAY 7
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
...nominal income generated from employment in April is
likely to be fully 14% lower than year ago levels... nearly 3
orders of magnitude worse than the worst readings of 2009...
SEE CHART: Employment
And in case you were wondering just
how long these shockingly high levels of unemployment will be with us, here is
Morgan Stanley's best guess...
SEE CHART:
Production will not growth : Goldman
notes that alternative data
sources such as Google Mobility, Homebase, and Nielsen all indicate job losses
of 24 million or more.
SEE CHART: Alternative
Data Indicates April Job Losses of 24 Million or More
In interpreting
tomorrow’s report, we will pay special attention to the composition of the
household survey, specifically the number
of unemployed workers on furlough or temporary
layoff (which spiked to 1,848k in March, see
left panel of Exhibit 2).
SEE CHART: Temporary Layoffs May Be Key to
Avoiding a Prolonged Downturn
….
SOURCE:
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"Rates < 0 = Fatal"
SEE CHART: FED Funds implied Rates
DB strategist then concludes, "given observable correlations and Treasury
yields, we can infer the level of r* implicit in market behavior."
SEE CHARTS Rates down
The conclusion is scary: not only does the Fed need to do more, but it would
in fact have to cut rates to negative to offset pent up market imbalances. Otherwise,
not just
the short-end will go red: the entire curve will soon be negative.
SEE CHART:
Suppose central banks pushed back against today’s flight into government
debt by going further, cutting short-term policy rates to, say, -3% or lower."
Bloomberg WIRP function showed something that has never happened before: the January 2021 implied rate is now a negative -0.02%...
SEE TABLE
AND also see this chart:
Jan 2021 Implied FED Fund Rate
Jeffrey Gundlash
said:
These Trillions Treasury is borrowing
is heavily in T-Bills. Chair Powell has stated in plain English he is
opposed to negative interest rates. Yet the pressure to
go negative on Fed Funds will build as short term borrowing explodes and
dominates. Please, no. RATES < 0 = FATAL.
….
….
RELATED:
"If the FOMC drags their feet
too much, they run the risk of creating either a self-fulfilling dynamic
and/or having to effectively
implement 'hawkish' Fedspeak later down the road."
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Meanwhile,
crashing used car prices could make
an industry recovery even more difficult...
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US DOMESTIC POLITICS
Seudo democ duopolico in US is
obsolete; it’s full of frauds & corruption. Urge cambio
Mafias’
logic: united we collapse. US’ Econ is not our fault: it is RU beside
China fault
Let the combing-through begin...
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More mafias’ staff:
This is not good...
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REPs & DEMs nasty crisis: rotten duopoly system decompose & smell ugly
"It’s staggering that the so-called 'Dream Team' would
put on such a fraud. "
….
RELATED 1:
...a stunning reversal for one of the
signature cases brought by special counsel Robert Mueller.
….
RELATED 2:
Suppressed 17-page report "leaked" to press
meant to corner Trump?
….
If we add
BIDEN to this merda, . we conclude US pol-Sys =totally decomposed
We need a 3rd
OPTION: We need a SOCIALIST FRONT. Otherwise: ABSTENTION
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Fear is
a powerful weapon, and
it’s been used globally for
the past few months.
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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
HOW TO BREAK US ECONOMY? It is already broken & how to make it
fast: Trump Opt
“I definitely want Trump fighting against China rather than
Biden, by far"
….
In terms of
Options: BAD vs WORSE doesn’t make a difference=
zero option
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SPUTNIK
and RT SHOWS
GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars
& danger of WW3
- Trump
2020 Campaign Boss Blasts Twitter After President's Re-election Bid Compared to
‘Death Star’
- US
House Intel Releases Trove of Transcripts From Russia Probe. The tranche
includes 57 witness transcripts from the Russiagate and Ukraine scandal probes.
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NOTICIAS
IN SPANISH
Lat Am search f alternatives to
neo-fascist regimes & terrorist imperial chaos
REBELION
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ALAI ORG
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VOLTAIRE
NET ORG https://www.voltairenet.org/en
by Thierry Meyssan
SOURCE
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por Thierry Meyssan
SOURCE:
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CROSS
TALK https://www.rt.com/shows/crosstalk/
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GLOBAL
RESEARCH
Geopolitics & Econ-Pol
crisis that leads to more business-wars from US-NATO allies
-A Grim
New Normal Ahead? Worse than Orwell’s 1984. Unprecedented Global Poverty and
Human Misery By Stephen Lendman,
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DEMOCRACY
NOW
Amy Goodman’ team
- Profiting
from the Pandemic: Will Pharmaceutical Giants Use Patents to Limit Access to COVID
Drugs?
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