MAY 8
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
Record-Watch: For the first time
ever, more
than half the US population is not working; over 76,000 Americans dead from COVID-19;
the US economy is contracting at record pace; earnings expectations are
collapsing at near record pace; interest-rates at record lows (and imputing
negative rates by year-end); and stocks
are soaring at their fastest pace ever...
See Graphic:
As
we noted earlier, there was one especially scary aspect of today's
jobs report that has not gotten enough publicity, namely that as BofA writes,
the employment to population ratio plunged to a record low, with only 51.3% of the population working. Inversely, this
means that in April, 49% of the US population was not working.
See Chart:
We do
note that FF futures spiked when The Fed announced Jay Powell would hold a
speech next week (theoretically enabling him to jawbone down any expectations
of negative rates)
See Chart:
The Nasdaq composite was up 5 days in a row - the best streak since
Dec2019 (when it went 10 days in a row without a drop)...
Sending
Nasdaq green for 2020 - as if all those dead and unemployed people never
mattered...
See Chart:
Because
fun-durr-mentals are so bad, it must be good!! NO really
See Chart:
Meanwhile,
the nation is split politically between lockdown-deniers and stay-at-home-ers;
and Democrats (who politicized the DoJ to entrap Flynn and launch a coup
against Flynn) have demanded an IG probe into Barr's politicization of The DoJ;
and states/cities are demanding Federal bailouts for what they have
over-promised their voters and benefactors for decades....
Volume has collapsed as stocks
have gained...
See
Chart:
Stocks
piked to end the day on the highs as the Fed Funds futures market
"tightened" away from negative rates expectations...
See Chart:
It's
the Internet, stupid!
See Chart:
FDN –
First trust Dow Jones
Internet
Index Fund ETF
FANG
stocks are up 5 straight days (and 7 of last 9)...
See Chart:
OVERALL, the median stock (Value Line Geometric index) is drastically
underperforming the broader market...
See Chart:
UST 10Y
YIELD spiked today - despite the dismal jobs data (on more Fed taper and Powell
speech headlines)...
See Chart:
New
record all-time lows for 2Y and 5Y yields...
See Chart:
The
B-dollar Index ended the week unchanged... with weakness in the last two days
as negative rates started to rear their ugly head...
See Chart:
Commodities
were all higher this week...
See Chart:
Finally,
as we noted earlier, the Nasdaq is
now bigger than the rest of the world's stock markets put together...
See Chart:
….
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The bond market is starting to get
antsy about the pace the Fed is trimming its purchases.
SEE CHART:
The chart below summarizes all the
Fed Treasury and MBS buying completed and scheduled since the relaunch of QE on
March 13:
SEE CHART:
So, in aggregate, the Fed will buy a total of $60 billion of
MBS/TSYs next week, down from $70 billion but still more on a weekly basis than
the largest QE programs monthly totals before this crisis, if well below the $625 billion
in purchases conducted in the week starting March 23, when the financial system
was once again on the verge of collapse due to a decade of ruinous Fed
policies... and only the Fed could bail it out.
The news of the latest POMO cut,
while expected, did not please the the market, and 10Y yields pushed higher by
2bps, rising from 0.66% to 0.68%...
... although still well below the
4.5% yield on the 10Y that bond guru and creator of the bond VIX index, Harley
Bassman, said could
be the trigger that causes the Fed to lose
control.
In any case, bonds are clearly
starting to get anxious about the pace of Fed tapering, and should Powell cut
$1-2 billion more, we may finally see a bond market tantrum as traders
realize they have no choice but to force the Fed to
keep buying bonds at the current pace, especially with some $3 trillion set to
be sold this quarter.
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US DOMESTIC POLITICS
Seudo democ duopolico in US is
obsolete; it’s full of frauds & corruption. Urge cambio
As the bogus prosperity economy built on
exponential growth of debt implodes, we all seek ways to protect
ourselves, our families and our worldly assets...
I do not see planning for eventualities as "either/or." I
look at it in terms of three levels:
Plan A: dealing with devolution: government services are cut back, prices for
essentials rise over time, fulltime paid jobs become scarce, the State (all
levels of government) becomes increasingly repressive as it pursues "theft
by other means," i.e. the stripmining of private assets to feed its own
fiefdoms and Elites; most assets fall in purchasing power (value) as the
system's financial props erode.
Plan B: When things become rationed/unavailable, services become
sporadic, pensions stop being paid in full, spontaneous homeless encampments
arise in heretofore "nice" areas, cities go bankrupt, small
businesses go underground to survive the ever-higher taxes being levied on the
few remaining productive enterprises, etc.
Plan C: if things fall apart: either move to communities where you or
your family have roots (tough luck for all the millions of rootless Americans
shifted around by corporate "relocations" the past 50 years) or turn
to your neighborhood, town, friends, family, church and other social networks
for cooperative strength.
The problem with putting all your resources into a "bug-out"
strategy (Plan C) is that it might not come to pass, in which case you've
misallocated your assets.
This is why I focus Survival+ on structuring a prosperity which will work on all
levels. This prosperity has five basic parts:
1. Prepare for hybrid work by developing multiple skillsets,
interests and contacts and understand that being productive and reciprocal
is more important than getting paid (as I put it: "to take care of Number
One, first take care of numbers 2 through 9.")
2. Develop sustainable, overlapping social networks (self-organizing
networks) in which you have more than one place to interact with the same
person, i.e. at church or in the neighborhood. I call these non-State,
voluntary networks transparent non-privileged parallel
structures because they are independent of the State and
Monopoly/Predatory Capital Elites.
3. Cut expenses to the bone so you no longer need a large income to
"survive." Consider lowering your taxable income by working less so you're no
longer working so hard just to pay taxes generated by high incomes. (Thanks to
correspondent Stephen A. for noting that barter that results in gains is
generally taxable. As always, check with the I.R.S. or a licensed tax advisor
to confirm what income is taxable/nontaxable.)
4. Reach a new understanding of "prosperity": health and
social wealth are the "treasures" which money cannot buy. Yes, we all
need some money, and preserving/growing whatever capital you do have will be
difficult and time-consuming. There is no easy "one size fits all"
solution.
5. Understand the importance and strength in building and maintaining
personal integrity, the one asset we each control in totality and that no one can take
from us. All reciprocal networks (financial, political, religious or social)
depend entirely on trust, and the bedrock of trust is complete personal
integrity.
Much of the devolution we now face is a direct
result of the degradation of integrity.
Yes, I know this all sounds wonderful, but how do you do it in real life?
Well, life is and always has been a do-it-yourself affair.
Let's start with one simple truth: nobody knows the
future.
Now let's hear from two readers and then I'll pick up the narrative.
Correspondent Mac posed this question--one which
millions of other citizens should also be interested in:
HERE ARE SOME CONCRETE SUGGESTIONS WHICH FLOW DIRECTLY FROM THe Survival+ framework.
1. Join existing networks based on your interests and locale.
My own
view is that history suggests that any environment, be it violent inner-city
ghetto or near-wilderness, is more survivable if you have multiple layers of
social reciprocity working for you.
2. Your neighbors/neighborhood are already a
community.
3. If there really is no group or people who you can relate to, then by
all means find a locale with people who have similar interests and are rooted.
4. I am a believer in the Peach Pie strategy.
5. OK, work/jobs. I anticipate
the continuing erosion of fulltime paid work. The "factory model" of
employment (the monolithic State or Corporation as employer) will be replaced
by hybrid work which is an adaptable, flexible mix of paid and
unpaid work, private enterprise, community work, creative endeavors, etc.
IMPORTANT POINTS
1- skillsets and networks cannot be depreciated
like money. They cannot be stolen.
2- I
also explain in Survival+,
I am a fan of gold/silver for the simple reason they cannot go to zero value
like stocks, bonds, derivatives, and paper money.
3- But I also point out that gold is a capital
trap. It is not a productive investment like installing a solar
panel. I submit that controlling as much of the FEW (food, energy, water) assets as possible has some intrinsic
value which gold does not have.
Last important point.
These include most medical care, fitness, cooking, gardening/yardwork,
childcare, caring for the elderly, fixing actual physical objects and software
/networks for local enterprises, repairing appliances, installing solar panels
on your house, selling at the farmers market, making sales contacts in your
town/city, and having a good time.
A completely free abridged version of the book is available (85,300
words) in PDF: free version of Survival+ If
you decide afterward to buy the book to put a few bucks in my pocket--thank
you.
….
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"...neighborhoods
are still echoing to the sound of deadly
gunfire and raucous partying."
====
...as record unemployment numbersstrike in the
U.S., automated machines are being rolled out to replace even more
workers.
SEE VIDEO url:
https://youtu.be/YpE2oB-g0QI?t=3
CV-1984 is accelerating the spread of Orwellian
surveillance devices like talking drones, facial recognition
cameras, and more; but that’s not the only technology that is advancing – robots or automated machines are also speeding up
their deployment to combat the spread of the coronavirus.
A group of scientists on the editorial board of Science
Robotics are further calling for
robots to do the “dull, dirty, and dangerous jobs” of
infectious disease management by replacing certain hospital jobs like disinfecting robots combing rooms/floors and working in labs.
Also see the article
entitled: “Robots
Already Replacing Bank Tellers, Drivers, News Anchors, Restaurant and Warehouse
Employees. Will Your Job Be Next?” written by B.N. Frank.
In fact, the
Brookings Institution said in a report last month that “any coronavirus-related recession is likely
to bring about a spike in labor-replacing automation … Automation
happens in bursts, concentrated especially in bad times
such as in the wake of economic shocks, when humans become relatively more
expensive as firms’ revenues rapidly decline.”
====
El felón BIDEN está
fuera de carrera, para crear otro bufón es tarde. Cuomo podría ser
"It was obvious that this event had a very traumatic effect..."
….
BIDEN re-nació
del fraude ‘compra de votos’ por
Bloomberg y su pasado guerrerista con Obama y Hillary en Libia es de lo más
asqueroso. Asesinato y robo del oro de ese país más la creación del ISIS , el
grupo terrorista Saudi que destruyo Siria
en alianza con el UK e ISR, todo
eso quedo impune gracias al silencio cómplice de Biden. Biden oculto también el asesinato de 4
personas que pedían apoyo a Hilary en la Embajada USA en Bengazy. Todo esto
conto con el apoyo directo de Biden. Su silencio cómplice creo la impunidad al
terrorism ISIS en el medio oriente. Cuanto
le toco de la millonada de dólares que los Saudis dieron para entrenar y armar
a sus yijadistas? Solo él lo sabe.
====
"...I
have never seen so much anger and
frustration in the United States in my entire lifetime, and it is
truly a recipe for disaster."
====
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
In my opinion (habla Hugo Adan) China experience is something very
important to consider when talking on CV-19, for the following reasons:
1- Un todo o sistema está compuesto de
partes que cumplen diferentes funciones internas. Es la unidad de esas
diferencias lo que permite al todo existir y desarrollarse. No solo eso, la
unidad de las diferencias le permite al todo desarrollar una energía especial
conocida como SYNERGY: La suma de esas energías
en movimiento es mucho mayor que la
simple suma de las partes. Si son 10 las partes, la unidad de las diferencias
en mov desarrolla una fuerza superior a 10: puede equivaler a 30, 50 o/a 100. Es
esta sinergia lo que explica la fuerza de las REV populares, y la fuerza de
todo sistema en movimiento.
2- Hay dos tipos de sistemas: los
abiertos y los cerrados. Diriase 3 tipos pues los sistemas sociales (políticos,
economicos, educativos y el health system ) combina ambos dos, lo abierto y lo cerrado. Es lo que ocurre
con un escuela que se cierra para desarrollar sus elementos internos (el
estudiante, el profesor, el coordinador o director), que giran alrededor de un
sillabus o progama, para procesar los inputs que le vienen de fuera y para
producir los outputs que se esperan
fuera. La cuarentena del CV-19 encerró
al enfermo y al médico para solucionar el problema virus pero no hubo el input
tecnológico necesario para resolver el problema y ambos murieron -en proporción
inversa, pero se los sacrifico para nada. El problema virus no ha sido
solucionado, existe porque el ambiente esta polucionado por las guerras y sus
drills que favorecen la auto-reproducción de nuevos virus. Ya se habla del virus mutado en
Europa, lo que amenaza la existencia de más pandemias. El sistema salud ha sido
abierto en el US y volverlo a cerrar va a ser difícil si la nueva medicina para
el nuevo virus aún no existe. El CV-19 sigue matando y con el puede morir el
sist-polit-social que le dio contexto.
El punto 3-4-5 y 6 los publico mañana.
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URGE CONVOCAR
UNA ASAMBLE GENERAL DE LAS NACIONES UNIDAS
"China
views nuclear weapons only as strategic deterrence, but any deterrence needs to
be strong enough to halt military aggression toward China."
….
Lo que hay que evitar es el estallido del WW3 y ese peligro es inminente.
La experiencia de 1961 con Kennedy en el poder indico que el mejor deterrence
de una guerra es preparar la respuesta armada también. RU instalo misiles
nuclear en Cuba apuntando hacia el US y eso obligo a negociar la PAZ. Un clavo
saca otro clavo, es la lógica de la guerra y al parecer está ocurriendo lo
mismo hoy. El sistema satelital esta tan desarrollado que puede capturar el
cruce de un misil hacia otra frontera y responder automáticamente contra quien
envió el misil de ataque. Es lo que al parecer va a ocurrir si el US y NATO
atacan Iran y VEN. RU-China atacarían 10
puntos en el US, 5 en el UK y 5 en el
resto de NATO El resultado es obvio: MAD (mutual assured destruction) Y más
pandemias. Completos Estados y ciudades como Londres podrían desaparecer del
mundo, entre ellos ISR y Turquia, cuyos Estados vivieron de la guerra y viven para ello.
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NY
TIMES ACCUSED OF RIPPING OFF PULITZER PRIZE-WINNING STORIES FROM RUSSIAN
JOURNALISTS FOR 2ND TIME
For the
jet-setting correspondents of Western corporate media outlets, liberal Russian
reporters are just tools to
advance their own ambitions.
====
“If I wanted to go into Venezuela, I wouldn’t make a secret about
it. I wouldn’t send a small little group, it’d be called an Army.”
====
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
FEM: Caitlin Moran Ellos tienen que saber que el fem
los salvará
====
ALAI ORG
====
RT EN ESPAÑOL
Trump:
"El coronavirus desaparecerá sin vacuna" https://actualidad.rt.com/actualidad/352578-trump-afirma-coronavirus-va-desaparecer-vacuna
El desfile
aéreo en Moscú con motivo del Día de la Victoria https://actualidad.rt.com/actualidad/352603-desfile-aereo-moscu-motivo-dia-victoria
El US aprueba
el primer test casero de detección del coronavirus https://actualidad.rt.com/actualidad/352564-autoridades-estadounidenses-aprueban-primer-test-casero-coronavirus
Veteranos
comparten momentos aterradores vividos en la guerra https://actualidad.rt.com/video/352562-veteranos-compartir-momentos-aterradores-guerra
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VOLTAIRE
NET ORG https://www.voltairenet.org/en
by Thierry Meyssan
====
CROSS
TALK https://www.rt.com/shows/crosstalk/
Seventy-five years ago, the scourge
of fascism was defeated in Europe. The Soviet Union and its Western allies were
victorious. What is the meaning of that victory today? What explains recent
efforts to rewrite history?
====
Andy Lack is out as the head man at
NBC News and MSNBC. His departure comes as reports say New York State is
investigating the network for past sexual harassment allegations.
====
The city of Baltimore getting the go
ahead for its aerial surveillance program, but critics are concerned that the
technology might invade the privacy of law-abiding people. RT America’s Rachel
Blevins has the story. The coronavirus pandemic continues to take the world by
storm, with worldwide cases now topping 3.8 million and 270,000 reported
deaths. New York continues to be the epicenter of the outbreak in the US, where
there are reports of NYPD patrols turning violent and dozens of children
falling ill from a mysterious illness related to COVID-19.
====
Seventy-five years ago, the scourge
of fascism was defeated in Europe. The Soviet Union and its Western allies were
victorious. What is the meaning of that victory today? What explains recent
efforts to rewrite history? And what accounts for the efforts to diminish the
sacrifice made by the people of the Soviet Union?
====
GLOBAL
RESEARCH
Geopolitics & Econ-Pol
crisis that leads to more business-wars from US-NATO allies
-Mass
Joblessness Deepens in US as Corporations Move to Implement Permanent Layoffs.
40.6 Million Unemployed By Shannon Jones,
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DEMOCRACY
NOW
Amy Goodman’ team
-“A
Lynch Mob”: After Months of Inaction, 2 White Men Are Charged with Murder of
Ahmaud Arbery in GA
-As
States Loosen Pandemic Restrictions, Dr. Leana Wen Warns “We Are Not Ready for
a Safe Reopening”
====
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