Nueva Democracia: AUG 19 20 ND SIT EC y POL

AUG 19 20 ND SIT EC y POL

ND denounce Global-neoliberal debacle y propone State-Social + Capit-compet in Eco

- ‘New Birth of Freedom’: In Wake of DNC, Disaffected Democrats to Discuss Forming Third Party Sen. Bernie Sanders (I-VT) + some of the party’s more progressive elements are looking to form their own third party.

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ZERO HEDGE ECONOMICS

Neoliberal globalization is over. Financiers know it, they documented with graphics

TYTLER CYCLE & WHY MORE GOVERNMENT HELP LEADS TO LESS

The medicine the current administration is prescribing is a treatment for the common cold; in this case, a normal business cycle recession. THE PROBLEM IS THE ECONOMY IS SUFFERING FROM A "DEBT CANCER"...

Authored by Lance Roberts via RealInvestmentAdvice.com,

I recently received a message from a young fan of MMT (Modern Monetary Theory) suggesting it is always the “Government’s” job to ensure the care of citizens. Throughout history, the seven words which have been the hallmark of every socialist and communist system are “I’m the Government, I’m here to help.” A review of the Tytler cycle reveals why more Government help, always leads to less prosperity and freedom.

Defining The Systems

However, these are the basic tenets of both communism and socialism.

· “Communism” is a political theory advocating class war and leading to a society in which the public owns all property. Each person works, and is paid according to their abilities and needs.

· “Socialism” suggests a social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community.

The founding documents established the basis from which “capitalism” was allowed to flourish.

· “Capitalism” is an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.

Do you see the difference?

There is little denying the rise of “socialistic” ideas in the U.S. today. You can try and cover the stench by calling it “social democracy,” but in the end, it’s still socialism.

The Tytler Cycle

Scottish economist Alexander Tytler, who, in 1787, was reported to have commented on the then-new American Republic as follows:

“A democracy is always temporary; it simply cannot exist as a permanent form of government. A democracy will continue to exist until the time voters discover they can vote for generous gifts from the public treasury. From that point, the majority always votes for the candidates who promises the most benefits from the public treasury. The result is that every democracy finally collapses due to loose fiscal policy, which is always followed by a dictatorship.

The average age of the world’s greatest civilizations has been about 200 years. These nations always progressed through this sequence:

· From Bondage to Moral Certitude;

· Moral Certitude to Great Courage;

· Great Courage to Liberty;

· Liberty to Abundance;

· Abundance to Selfishness;

· Selfishness to Complacency;

· Complacency to Apathy;

· Apathy to Dependency;

· Dependency to Bondage.”

SEE CHART:

https://www.zerohedge.com/s3/files/inline-images/Tytler-Cycle_0.png?itok=fqHXYOjr

Since Tytler’s time, we’ve witnessed many formerly free countries slide inexorably into their final stages of decline. For example, the countries in the EU are further gone than the countries in North America, and Venezuela is, well, just gone.

The cycle is clearly in process in the United States as we have now cleared apathy. Demonstrations, the demand for Government support, and the abolition of “student loan debt” are all signs of the “it’s not my fault” stage.

SEE CHART:

Economic Prosperity By Cycle

https://www.zerohedge.com/s3/files/inline-images/GDP-Growth-By-Cycle-081120.png?itok=ZI1TIQmM

The Rise Of Socialism (Dependency To Bondage)

How did a country which was once the shining beacon of “capitalism” become a country on the brink of “socialism?”

Changes like these don’t happen in a vacuum. It is the result of decades of poor financial choices, both personal and institutional, which led to a burgeoning divide between the wealthy and everyone else. The chart below shows the increase in the “money supply” versus GDP and the “economic composite index.” (The composite index comprises the US Dollar index, 10-year treasury rates, and inflation which all reflect economic activity.)

SEE CHART:

Economic Composite, M2 vs GDP

https://www.zerohedge.com/s3/files/inline-images/Economic-Composite-M2-081120.png?itok=DH57WWuR

Deflationary Acts

As discussed previously in “The Fed’s Actions Are Deflationary,” the 40-year process of increasing economic leverage has now led to its inevitable conclusion.

“To no surprise, monetary velocity increases when the deficit reverses to a surplus. Such allows revenues to move into productive investments rather than debt service. The problem for the Fed is the misunderstanding of the derivation of organic economic inflation.

SEE Chart:

Monetary Velocity vs. The Deficit

https://www.zerohedge.com/s3/files/inline-images/Defict-M2v-080520%20%281%29.png?itok=HwShqIV0

CONTINUE READING & SE MORE CHARTS AT

SOURCE: https://www.zerohedge.com/markets/tytler-cycle-why-more-government-help-leads-less

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Opium Dreams: Nice vs. stupid scape from reality. FACT: all empires fell .. ours too

THE EMPIRE WILL STRIKE BACK: DOLLAR SUPREMACY IS THE FED'S IMPERIAL MANDATE

The Imperial Project requires USD supremacy, period. Nothing less will do, and so that is the Fed's single Prime Directive...

Authored by Charles Hugh Smith via OfTwoMinds blog,

Judging by the headlines and pundit chatter, the U.S. dollar is about to slide directly to zero.

So what all those proclaiming the death of the USD are saying is the Imperial Project is consciously choosing suicide, all to boost the U.S. stock market …

Taking it one step further, those predicting the collapse of the U.S. dollar are predicting that not only will the Empire choose suicide, so will the billionaires because what will their fortunes be worth if the USD goes to zero?

The USD-is-dead crowd (and it is a crowd) present the demise as ordained by some mysterious force, as if the Empire has no will or power to resist the inevitable slide to zero.

The USD-is-dead crowd also seems to overlook the inconvenient fact that all the other issuers of fiat currency are busy debauching their currencies, too by the same mechanisms: the endless digital printing of new currency …

We get it: digitally printing trillions in excess of actual productivity eventually destroys the purchasing power of the over-issued currency.

But this isn't the full list of dynamics in play. The demand for currency is based on a number of factors: yield (the interest rate paid by the issuing central bank) being one, the amount of global debt denominated in the currency being another and the demands of global trade being a third.

Ultimately, every currency is a derivative contract on the resilience, adaptability and innovative capacity of its economy. Every currency is a social construct that reflects the security of social contracts within the issuing economy, and the perceived security of the currency in the global marketplace.

The two are related, of course; but they also conflict. This is Triffin's Paradox, which I've discussed for years. In a nutshell, the paradox is : every central bank has a global role as well as a domestic role, it serves two competing audiences: the domestic economy and the global economy.

There is no way to serve both. The domestic exporters want a weaker currency, while foreign owners want a stronger currency.

The dollar rises for the same reason anything else goes up: scarcity and demand If the Fed over-issues USD, scarcity value falls. If non-domestic borrowers take loans denominated in USD, demand rises as this debt must be serviced and eventually paid off in USD.

The Fed's mandates that are constantly repeated are all about the domestic economy: maintaining control of inflation (Goldilocks: not too hot, not too cold) and domestic employment (if unemployment skyrockets and wages plummet, the debt-serfs might revolt).

But the Fed's one controlling mandate is to maintain USD global supremacy. To maintain global supremacy as the one essential reserve currency, the Fed must balance scarcity and demand. The pandemic illustrated the Fed's dual role and the conflicting demands of being America's central bank and the central bank of the global reserve currency.

To keep the domestic economy and stock market from imploding, the Fed digitally printed $3 trillion and unleashed it as flood waters, raising all boats to some degree.

This over-supply of USD was calculated to suppress the dollar's value by eliminating scarcity--it didn't affect demand which continues unabated.

Now that this one-off emergency response has done its job, the Fed has to switch back to defending the dollar's value. Fed is going to drive bond yields to zero or even below. WHY? to maintain USD supremacy.

Pushing rates negative and flooding the global economy with USD is a sure way to reduce scarcity and demand, so those are not going to happen.

Rather, U.S. yields will start rising--maybe in fits and starts, but they will start moving up longer term. And the Fed isn't going to over-supply the global economy with dollars; they're going to start limiting the excess issuance, not publicly but behind closed doors.

Just as all currency is a social construct, trust in the liquidity and transparency of the currency's market value is the essential ingredient in a currency's valuation. The only way to establish a trustworthy measure of liquidity and transparency is to allow the currency to float freely on the global FX exchange.

You can't control the global value of your currency and have a reserve currency. This is where the punditry are again clueless. China does not seem particularly keen to relinquish control of its currency (RMB) to market forces. Thus it maintains a peg to the USD to retain control of the RMB's value on global exchanges.

The demand for RMB is thus limited. The RMB has about a 2% share of global trade and an equally minimal role in global debt denominated in RMB. To increase the global role of the RMB, China will have to end the USD peg and let the RMB and its sovereign bonds float freely and be priced by the market.

Triffin's Paradox demands painful trade-offs to issue a reserve currency, and it demands the issuing central bank serve two competing audiences and markets. This is why some economists believe the U.S. would be better served by giving up the reserve currency and thus be free to serve only the domestic economy.

This makes very good sense, but it overlooks one little thing: America's global empire. The Imperial Project requires USD supremacy, period. Nothing less will do, and so that is the Fed's single Prime Directive. [[ SO“Is the Fed Reserve now the ultimate power in the Universe”? .. that is that I Called OPIUM DREAM ]]

SOURCE: https://www.zerohedge.com/markets/empire-will-strike-back-dollar-supremacy-feds-imperial-mandate

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US DOMESTIC POLITICS

Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio

SAN FRANCISCO'S COPS AREN'T WAITING AROUND TO BE "DEFUNDED": THEY'RE LEAVING EN MASSE

"The members are upset that the social experiment being conducted in San Francisco is failing, and they would rather work someplace that values them..."

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SCIENTISTS CAPTURE FIRST MALE MURDER HORNET, A SIGN WASHINGTON SWARM IS READY TO HUNT

Look out, Washington State...

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FEAR IS A VIRAL MONSTER

"When we are afraid, we do not see clearly... Critical thinking is always difficult, but it’s almost impossible when we are scared. There’s no room for facts when our minds are occupied by fear..."

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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

SAUDI ARABIA BREAKS SILENCE, TENTATIVELY EMBRACES ISRAEL-UAE PEACE DEAL

Saudi Arabia must keep up appearances, even if it has been secretly working with Israel to undermine Iran for years...

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LARGEST US BASE IN SYRIA TARGETED IN ROCKET ATTACK AMID SOARING TENSIONS WITH LOCALS

Second exchange of fire incident in a mere days as Trump's 'secure the oil' plan in trouble...

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TWO US DRONES IN FIERY CRASH OVER SYRIA AFTER REPORTEDLY COLLIDING MID-AIR

"There are obviously so many American drones illegally flying over Syria that they are running into each other."

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US SUSPENDS EXTRADITION & TAX TREATIES WITH HONG KONG AS IT'S "NO LONGER SUFFICIENTLY AUTONOMOUS"

Pompeo: "The Chinese Communist Partychose to crush the freedoms and autonomy of the people of Hong Kong."

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SPUTNIK and RT SHOWS

GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars & danger of WW3

-COVID-19 Live Updates: Germany Records 1,707 New Coronavirus Cases

- Shelf of Discord: Greece and Turkey Should Appeal to International Court,

- Why Arab Nations are Seeking Normalisation With Israel, Unlike Iran and Turkey

- India's 'Zero Sum Game' in Gulf Triggers Trust Deficit Between Saudi and Pakistan

- CV-19 Disrupted Cancer Care in Every Aspect - Indian Medics on Predicted Spike

- Maduro Extends Ven Oil Industry Reform Commission's Operation by Six Months

- US to Hold Accountable Violators of Reinstated UN Sanctions Against Iran, Pompeo

- Global Oil Deficit Reached 1Mln Barrels Per Day in July, Russian Energy Minister

- Belarus, Venezuela Face Similar Attacks, Venezuelan Foreign Minister Says

- Democrats Hold National Convention for Third Consecutive Day - Video

- Militants Shell Towns in Syria's Aleppo, Russian Military Says

- Pilot of Helicopter That Crashed While Fighting California Wildfire Dies

- Facebook Expands Policy Against ‘Dangerous Individuals and Organizations’

- Domestic Violence Cases Nearly Double in US State Amid COVID-19 Pand

- Libya to Export Only Oil Accumulated in Terminals

- Israeli Defense Tanks Attack Hamas Posts in Gaza Strip

- 'There Will Be Peace': Trump Predicts Saudi Arabia, Iran Will Join UAE-Israel Deal

- Trump: US to Restore All ‘Snapback’ Sanctions on Iran

- US House to Vote Saturday on $25 Billion to Boost Postal Service Before Election

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NOTICIAS IN SPANISH

Lat Am search f alternatives to neo-fascist regimes & terrorist imperial chaos

REBELION

OIT El peso de la crisis sobre la “juventud del confinamiento” S F

Ecuad: «El Municipio se encarga de salud y educación» G CH

US: ¡Luces! ¡Cámara! ¡Maten! : Pentágono + ambic imperiales M H

US: Inmigrantes gaseados con desinfect indust altam tóxico Dave L

ALC: Litio: capital extractiv y depend de Am-Latina F Escobar

Guatemala EL ELUSIVO SUEÑO DE LA PAZ Carolina Vásquez

Honduras Caso Guapinol: vergonz resoluc judic G Trucchi

Sexo y Filosof El sexo es la exper más democ del mundo Sara M

ARG: Cristina, Google y los jinetes del Infocalipsis F Corbière

Cult. F García Lorca El pelotón de verdugos no osó mirarle la cara A M

ECOL: EL FRACKING ES DELITO DE ACCIÓN PÚBLICA A Olmos

BOL: Resistir hasta lograr el triunfo popular Carlos A y María T

BOL: POR DEMOCRACIA VERDADERA Cristóbal León Campos

ECON: ATAQUES A SOBERANÍA DE BIELORRUSIA S M Fernández

FEM: Por qué las mujeres cobran menos y tienen peor pension

Chile: Demandas que interpretan el sentir de los trabajad CGT

OPIN: El pensamiento, lo universal y la pandemia F U S

Cuba: Rebrote de covid-19 vs reforma económica Ariel Terrero

Cuba : Cosas que no se pueden olvidar Guille Vilar

España Rescatemos al turismo de esta crisis? Belén García

Líbano : Agencias ONU despliegan ayuda tras la explosión

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ALAI NET ORG

-LA (DES) CONFIANZA MATA AL HOMBRE Jorge Luis Ubertalli

Venezuela EL OTRO Ana Cristina Bracho

-QUÉ ES LO INDÍGENA Atawallpa Oviedo

-El Día Mundial de la Asistencia Humanitaria Fernando Del Corro

BOL: CRÓNICA DE UN GOLPE DE ESTADO Miguel Pinto

US: Explosivo reporte del Senado de EEUU Orlando Ochoa

CHINA SE REINVENTA ANTE EL CORONAVIRUS Ulises Noyola

BOL: Derrota histórica de la oligarquía Eduardo Paz Rada

MX: Buenas noticias frente a SARS-COV-2 Eduardo Ibarra

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INFORMATION CLEARING HOUSE

Deep on the US political crisis: neofascism & internal conflicts that favor WW3

-ON BOMBS AND BOMBINGS By Caitlin Johnstone

-US SNAPBACK FROM HUMILIATION By Finian Cunningham

-The end of American history begins in America By Hamid Dabashiby

-CAPITAL PUNISHMENT By Paul Edwards

-WHOSE CENTURY IS IT? By Dilip Hiro

-Dollar a BOMB that could go off any day, warns Peter Schiff By RT

-Great Election Fraud: Will Our Freedoms Survive Another Election? By J W. W

-Agenda ID2020 :“One World Order”: The 101 to Understanding Its Implications
By Peter Koenig and Dr. Vernon Coleman

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CROSS TALK https://www.rt.com/shows/crosstalk/

Keiser Report

SUMMER SOLUTIONS: FIX THE MONEY AND THE REST WILL FOLLOW

Max and Stacy chat to investor Lawrence Lepard about ‘money printer go brrrr’ in an age of ‘when government spending knows no limits’ and, yet, people have bitcoin and gold to exit the decadence. Though we are in an era of a Fourth Turning and tumult is to be expected, Lepard notes that, even if we go through a global hyperinflation in fiat, at least the assets are still there on the other side: gold, property and productive assets like manufacturing factories do not get destroyed, and can be used to rebuild.

SOURCE: https://www.rt.com/shows/keiser-report/498401-money-hyperinflation-fix-money/

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GLOBAL RESEARCH

Geopolitics & Econ-Pol crisis that leads to more business-wars from US-NATO allies

New Normal? Better Normal! Economic and Social Impacts of Lockdown By G R,

Toward the Restorat of Amer Republic. Anti-Imperalist Consensus? By Ch Mc,

Pandemic : What Did this ‘Anthropause’ Mean for Wildlife? By Erik Stokstad

American Politics: Send in Clowns for the Circus Is in Town By Edward Curtin

Whose Century Is It? Don’t Ask DTrump: “The Invisible Chinese Virus” By D H

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DEMOCRACY NOW

Amy Goodman’ team