JUN 2 ND SIT EC y POL
ND denounce Global-neoliberal debacle y propone State-Social
+ Capit-compet in Eco
AMERICA'S
'SHAKY FOUNDATIONS'
BBC WORLD NEWS
Film-maker SPIKE LEE has said people in the US
are angry because they "live every day in this world where the system is
not set up for you to win".
The Oscar-winner said the reasons for the US current unrest included the deaths of black people like George Floyd but also wider injustices and inequalities.
He traced the inequalities in the US back to the country's foundation.
"The land was stolen from native people, genocide was committed
against the native people, and ancestors were stolen from Africa and brought
here to work," he said.
"So the foundation of the United States of America is genocide,
stealing land and slavery.
"Any architect will tell you that if you don't have a strong
foundation, the building's going to be shaky, and shaky from day one... This
original sin has not been dealt with since the birth of this country."
SO "Why are people angry?" Lee
said on Tuesday. "People are angry because black people are being killed
left and right, and cops walked away free”.
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READ
MY COMMENT: Hugo
Adan. 6/2/2020
AT:
….
….
RELATED:
The fact that self-serving cover stories
are now the norm is making it difficult to love our servitude with the
slavish devotion demanded of us...
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ZERO HEDGE ECONOMICS
Neoliberal globalization is over. Financiers know it, they
documented with graphics
While we are
constantly told that Black Lives Matter, Blue Lives Matter; in fact, truth be
told, ALL LIVES MATTER; but, there is one thing that matters more...higher stock market prices...
Trannies led the
day... (there was a blip lower around 1030ET when NYC announced its extended
curfew - but that was bid) but another major buy on
close imbalance sent everything rallying into the close...
See Chart:
Another night of
utter carnage across the nation and global pandemic number starting to
re-accelerate suggesting a second wave more likely - so of course, buy stocks!
US equity
markets played deja vu all over again in the early going with overnight gains
fading into pre-open weakness leading to panic-buying shortly after the dump...
See Chart:
Treasury
yields were higher across the curve, but the long-end steepened most...
See Chart:
But while
stocks have soared, yields have gone nowhere off the lows...
See Chart:
The
B-dollar Index continued its slide lower, breaking below its 200DMA...
See Chart:
Oil prices
extended their surge with July WTI approaching $37, ready to cross above its
100DMA and fill the February gap...
See Chart:
The
Gold/Silver ratio rose for the first time in 6 days (and only the 4th time in
the last 21 days)...
See Chart:
And
finally, in case you were unclear on just how this farce is occurring...
See Chart:
As Mohamed El-Erian
diplomatically pointed out this morning:
"I understand people who bet on moral hazard. I understand people
who bet on The Fed backstop. I don't do it. I don't think that's a good way to
invest...I'd rather invest on the basis of fundamentals"
He continued...
"This notion that it doesn't matter what happens to fundamentals.
It doesn't matter what happens to corporate earnings. It doesn't matter
what happens to economic growth... because The Fed will buy what I want to
buy... that's the mindset of the market right now."
Trade accordingly.
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What liquidity?
It has been nearly two months since the market was so illiquid it
would surge (orplunge)
on news of the size of the daily market on close (MOC) imbalance. But it now
appears that illiquidity is back, baby, because at exactly
350pm ET when the MOC closing imbalance is disclosed, the Emini soared 10 points in seconds when it was revealed
that today's imbalance was $3.2 billion to buy.
SEE CHART:
Regular readers will recall that the topic of the sudden plunge in
liquidity at 3:50pm prompted none other than Goldman to highlight this curious
phenomenon one
month ago, when the bank said that "concerns
remain centered around the final minutes of US equity trading sessions."
SEE CHART:
The extra liquidity found at the end of the day has been falling
Back in 2018, Goldman found that emini top of book depth was considerably
stronger at the end of each trading day than earlier. However, in the past two
months, ever since institutional investors stepped out of the market and left
it to retail daytraders and systemic quants, this phenomenon has eroded
considerably, leaving much less "extra" liquidity in the last half
hour of trading, even before the coronacrisis. Weakened end-of-day liquidity
was likely a potential contributor to the recent end-of-day volatility
dislocation, Goldman concluded.
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We thought
April data was bad. But May is downright catastrophic.
According to the latest
remittance data by Trepp, the surge in CMBS delinquencies that most
industry watchers were anticipating came through in May. After Trepp’s CMBS
Delinquency Rate registered at 2.29% in April, in May the Delinquency Rate
logged its largest increase in the history of this metric since 2009. The May reading was 7.15%, a jump
of 481 basis points over the April number. Almost
5% of that number is represented by loans in the 30-day delinquent bucket.
SEE CHART:
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Deputy Treasury Secretary JustinMuzinich
has an increasingly prominent role. He still has ties to his family’s investment firm, which
is a major beneficiary of the Treasury’s bailout actions...
Muzinich & Co. Profited From the
Government’s Actions
Muzinich & Co.’s largest fund, with over $10 billion in assets,
jumped in value when the Treasury and the Federal Reserve announced plans to
buy bonds
SEE CHART
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As analysts
are forced to revert back to TSLA’s actual fundamentals – which include market share losses in both
the EU and China – sentiment could be set to shift lower.
SEE CHART:
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Should the central bank refrain from embarking upon a prescription of
tightening, a new type of economy
will be born: the anti-productivity economy, comparable to Japan in the
1990s and China today...
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
"The rights afforded under SB 939 would effectively rewrite every
commercial lease in California."
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Let’s be
clear: This
sort of corporate control, which
borders on pure fascism,has no place in
a democracy.
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Crime has been down for decades, but
incarceration is still sky-high and brutality cases keep tearing the country apart. Does policing in America need a fundamental
re-think?
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"The president’s remarks to the governorsheightened our concerns about how the guard would be used."
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"Everybody's out and
strapped... getting ready for the invasion."
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"Over
some TVs..."
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"Everybody's out and
strapped... getting ready for the invasion."
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1,600
active duty troops have moved from Fort Bragg and Fort Drum, to the National
Capitol region, "but are not in Washington."
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"A lab
escape is by far the leading
hypothesis to explain the origins of Sars-CoV-2 and the COVID-19
pandemic."
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO
..Focus on neoliberal expansion via wars & danger of WW3
- Three
Terrorists Killed, One Indian Military Person Injured in Ongoing Encounter in
Pulwama, Kashmir
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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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RT
EN ESPAÑOL
"NY está
totalmente fuera de control y a la Policía allí no se le permite hacer su
magia" https://actualidad.rt.com/actualidad/355314-trump-nueva-york-esta-totalmente-fuera-control
Rusia enumera los principales peligros en su
estrategia de disuasión nuclear https://actualidad.rt.com/actualidad/355260-rusia-enumerar-principales-peligros-estrategia-disuasion-nuclear
Los países del golfo Pérsico sufren la mayor crisis
económica de su historia https://actualidad.rt.com/actualidad/355268-paises-golfo-persico-sufren-mayor-crisis-economica
Un muerto y un herido en un tiroteo entre la Policía
y un sujeto armado en N-York https://actualidad.rt.com/actualidad/355310-reportar-tiroteo-nueva-york-dejar-heridos
De brutalidad policial al despliegue militar: siete
días violentos en EE.UU https://actualidad.rt.com/video/355273-brutalidad-policia-despliegue-militar-protestas
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VOLTAIRE NET ORG https://www.voltairenet.org/en
by Thierry Meyssan
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por Thierry
Meyssan
SOURCE: https://www.voltairenet.org/article210043.html
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CROSS TALK https://www.rt.com/shows/crosstalk/
She
discusses the postponement of the trial of the officer who killed George Floyd,
the grassroots nature of the protests with no central leadership, corporations
arguably feigning support for African Americans while suppressing wages and
working with the security state, the militarization of US police, what would
happen if Black Lives Matter protesters used the Second Amendment to arm
themselves like white anti-lockdown protesters had
SOURCE: https://www.rt.com/shows/going-underground/490528-blm-uprising-minneapolis-police-brutality/
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Rage and
destruction – fear and despair. How has the United States found itself in such
a state of turmoil? Growing income inequality, systematic racism, or a poisoned
politics – take your pick. What is the difference between a protest and a riot?
Is it accurate to say the US is becoming a failed state?
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In this
episode of the Keiser Report, Max and Stacy look at the societal carnage
happening as the central banks continue to create more Cantillionaires by
printing money for the few, while the many start burning cities as a sense of
injustice and lockdown restlessness spreads. In the second half, Max talks to
Tyler Lindholm, a state Congressman from Wyoming, about luring bitcoin
entrepreneurs to the state with better legislation.
SOURCE: https://www.rt.com/shows/keiser-report/490383-luring-bitcoin-entrepreneurs-better-legislation/
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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
- Autopsy
Reports Showing George Floyd’s Death Was a Homicide Underscore Corruption &
Police Impunity
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