JUL
26 20 ND SIT EC y POL
ND denounce Global-neoliberal debacle y propone State-Social
+ Capit-compet in Eco
"Prepare
for a direct hit from Hurricane Douglas on Oahu tonight 8:00 pm."
[And there are chances that it will come to North-East SAID TV NEWS]
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ZERO HEDGE ECONOMICS
Neoliberal globalization is over. Financiers know it, they
documented with graphics
Scholars and researchers agree on the year that was worse than
any other
2020 has already been immortalized. It
is a year that nobody will forget.
However, when speaking of the
worst year recorded in human history there are many to choose from:
- The year 1349 saw the Black Death kill half the population of Europe.
- In 1520 smallpox ravaged the Americas and killed between 60 and 90 per cent of the continents’ original inhabitants.
- In 1918 the Spanish Flu led to the deaths of over 50 million people.
- The rise of Hitler in 1933 is often claimed to be the turning point in modern history. How many millions.. nobody knows with certainty
The year began with an inexplicable, dense fog that stretched
across the world which plunged Europe, the Middle East and parts of Asia into
darkness 24 hours a day, for nearly 2 years. (2019-2020)
Consequently,
global temperatures plummeted which resulted in the coldest decade in over
2,000 years.
Famine was rampant and
crops failed all across Europe, Africa and Asia. Unfortunately, 536 AD seemed
to only be a prelude to further misery.
This period of
extreme cold and starvation caused economic disaster in Europe and in 541 A.D.
an outbreak of bubonic plague further led to the death of nearly 100 million
people and almost half of the Byzantine Empire.
SEE CHART:
DARKEST HOURS AND THEN A DAWN
This part
of the sixth century has a widely been referred to as the Dark Ages,
but the true source of this darkness had previously been
unknown to scholars.
Recently, researchers led by McCormick and glaciologist Paul
Mayewski, have discovered that a volcanic eruption in
Iceland in early 536 led to incredibly large quantities of ash being spread
across much of the globe, creating the fog that cast the
world into darkness. This eruption was so immense that it altered the
global climate and adversely affected weather patterns and crop cultivation for
years to come (Antiquity).
Labeling
each new year as ‘the worst year in history’ has become something of a fad these
days.
We should look back to the year 536 A.D. and cherish how
fortunate we are not to have lived in a time when the world was truly in
darkness.
….
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The
evolving COVID-19 situation; the race for effective treatments and vaccines;
and the extent of the policy support
One day after Goldman
poured cold water on the V- or any other shaped recovery narrative,
when its high-frequency, real-time indicators showed
that the pace of the recovery was slowing across various consumption metrics...
SEE CHART:
Consumer Expending
in the US: See green & blue line
... but more notably, observed a
clear contraction within the US job market and warning that "the labor market recovery is stalling due to the
worsening virus situation" as "workplace
activity measures have declined in the states hit hardest with virus spread and
moved sideways in others since late June"...
SEE CHART:
Activity
stalled Across the US & Depressed in denser Counties
Morgan Stanley chief economist
Chetan Ahya gives "three reasons why the recovery is still on
track", and lists the following:
- Unlike in March, there has been a change in calculus between the virus and economy, and policy-makers (at least those who are no part of the #resistance) are now balancing the social and economic costs brought about by lockdown measures versus the adverse implications for public health.
- The outlook for vaccines/treatments for COVID looks promising but there will be a greater strain on hospital capacity during that time period.
- Policy support remains unprecedented. BUT the Fed’s balance sheet will rise to 30% of GDP by end-2021 and the fiscal deficit in the US will rise to 24.6% of GDP in 2020, on our forecasts.
THREE REASONS WHY THE RECOVERY IS STILL ON TRACK, by Chetan Ahya, chief economist
and global head of economics at MOrgan Stanley.
LISTEN VIDEO: Copy Link address: https://www.zerohedge.com/s3/files/inline-images/chetan%20ahya.jpg?itok=Dib7KEwF
….
SOURCE: https://www.zerohedge.com/markets/three-reasons-why-morgan-stanley-thinks-recovery-still-track
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Around
20,000-25,000 stores could permanently close in 2020 on COVID-19 headwinds,
implying an accelerated store closure schedule in the second half of the year.
It's only going to get worse:
according to Coresight Research, around 20,000-25,000 stores could permanently close in 2020 on COVID-19 headwinds in the US, implying an accelerated store closure schedule in the
second half of the year. Further, it
expects to see an increase in bankruptcy filings.
Goldman also believes that Commerce growth will accelerate over the course of the second half amid social distancing measures, record number of retail
store closures, investments in fulfillment by Amazon, and increasing tech
investments by traditional retailers.
SEE CHART:
US Store
Closures in 2020
https://www.zerohedge.com/s3/files/inline-images/announced%20US%20store%20closures.jpg?itok=ixGx1oth
Not
surprisingly, with apparel & accessories continuing to record large
share of store closures as shown in the charts above and below, Goldman which just upped its price target on Amazon to
$3,800, believe the online retail giant will be the primary beneficiary
considering this segment already sees >20% online penetration.
SEE CHARTS:
1-Announed /completed store closures in US over the years
2- Announed /completed store closures in US in Apparell &
Accessories
….
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"There is no rush like a gold rush... big money understands we have a credit implosion coming..."
Holter says: Gold is the arch
enemy of fiat currencies. Gold
and silver are the only money that do not have any liability. Gold and
silver are proof that labor, capital and equipment were used to create
that. It already has been done, whereas everything else is a future
promise, and promises are made to be broken .
The central banks must either inflate or die. . . . The central banks
have to reflate or inflate, whatever you want to call it; otherwise, the entire
credit system comes down. If
they don’t inflate and they let the credit system come down, then you have a
massive deflationary event where credit implodes.
All the currencies themselves are
credit. So, if the credit system comes down, it also takes the currencies
with it. .
LISTEN VIDEO: Bill Holter: It Is
now: INFLATE OR DIE
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Time to get the Gold stolen by UK to
VEN and Peru (Canadians sold to UK) Peru is the greatest producer of GOLD in all
Americas Nations. Peru’ Buenaventura Comp agreed?
"Whether
we look at retail investors’ gold allocations or the spec positions on gold
futures by hedge funds, we see further room for the gold rally to
continue."
See Chart:
Annual
purchases of Gold ETFs in metric tonnes. 2020
….
Not only Canadian Comp but also Brits
are involved in nasty Business of Peru’ Gold . Read :Canadian Mining Companies in Peru: Barrick and Bear Creek by
Alan
Fairlie Reinoso / Esthefany
Herrera
KARMIN EXPLORATION COMPLETES SALE OF PERUVIAN ASSETS TO SUBSIDIARY OF VI
MINING
(27 January 2019) . Karmin Peru is a private closed corporation (a
Sociedad Anónima Cerrada) existing under the laws of the Republic of Peru, and
held 100% of Karmin’s right, title and interest in the mining concessions that
form part of, and are known as, the Cushuro Gold Project in Peru.
VI Mining, based in Jersey, Channel Islands, and listed on the NEX Exchange in London,
UK, is an emerging gold and silver producer
focused on the development and operation of gold and silver projects in Peru.
Ian Mitchell and Marcus Hinkley of Gowling WLG advised Karmin in this
transaction.
ANOTHER SOURCE:
CANADA: KARMIN EXPLORATION COMPLETES SALE OF PERUVIAN ASSETS TO
SUBSIDIARY OF VI MINING
01 February 2019
by R. Ian
Mitchell and Marcus
Hinkley
VI Mining, based in Jersey, Channel Islands, and listed on the NEX
Exchange in London, UK, is an emerging gold and silver producer focused on
the development and operation of gold and silver projects in Peru.
Ian Mitchell and Marcus Hinkley of Gowling WLG advised Karmin in this
transaction.
….
CANADA: KARMIN EXPLORATION COMPLETES SALE OF PERUVIAN ASSETS TO
SUBSIDIARY OF VI MINING [FRON BRITAIN]
01 February 2019
by R. Ian
Mitchell and Marcus
Hinkley
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
Democrats
won't accept a "piecemeal" deal...
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Is it true that the sign of
submission (masks) came to stay as
profiteers demanded?
There’s a growing sense
that this is the new normal - in fact, many of these mayors and
governors have said as much. If that’s the case, we can kiss our liberties goodbye...
====
An electronic pencil allows to check if a kid got CV in school.
In China is almost free..
"Routine part of campus life"... nasal swabbed twice a week for "privilege" of returning to
campus.
….
IN US only rich people has this device + some police & FBI agents. In
Europe most people can get it at very low cost. Since the health Syst is
privatized in US it will be easy for children
to be infested in schools.
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"behind
the scenes: food bank line in Baltimore just getting started..."
….
RELATED
Restaurants can no longer
be the stable, reliable and largely safe employers they’ve been known to befor
generations, say some longtime workers who are getting out of the industry...
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...white people’s distaste
for racial confrontation is responsible for
perpetuating white supremacy...
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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
Idiotic Xenophobia: Tested before distrust it. If you put
distrust 1st, you will be too
“Look’s like it’s all
across the country...”
….
The worst contamination of earth
comes from US warfare drills. We are the 1st manufacturers of
weapons (WMD) and 1st
instigators of wars abroad too. Trump is
the best example of this psychopathic malady.
He is violating PRINCIPLES of PEACE SET IN NUREMBERG TRIAL and other
international agreements. He must stop
his intentional pro-war distrust on China & Russia, if he wants to be trust by Americans and the
international community.
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Foreign Minister tweets: "Ethiopia will have all the development
it wants from it.In fact the Nile is
ours!"
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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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THE REST FOR TOMORROW
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