SEP 30 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
Inconceivable:
STOCKS SUFFER WORST SEPTEMBER SINCE 2011 AS DOLLAR & ELECTION DOUBT SOARS
On the day, it was a story of stimulus hype, hope, nope, and rope-a-dope. Overnight weakness apparently suggested a Biden win, but then the buying panic was shrugged off as meaning the market liked Biden's plan? Pelosi's "hopeful" comments sparked early exuberance. Mnuchin meeting details added to the hype. And then McConnell told the truth late on that the two sides were "very very very far apart" and it all dumped...only to be ripped higher into the close!
See Chart:
https://www.zerohedge.com/s3/files/inline-images/2020-09-30_13-00-03.jpg?itok=-c2z26vn
Q3 saw stocks and gold outperform as the dollar and bonds weakened...
See Chart:
Dow/gold vs Bonds USD
https://www.zerohedge.com/s3/files/inline-images/bfmD787.jpg?itok=fl-afSR5
But, in September, the story was reversed with gold and stocks slammedwhile the USD was bid and bonds erasing their gains today...
See Chart:
USD/Bonds vs Dow Gold
https://www.zerohedge.com/s3/files/inline-images/bfm6CD9.jpg?itok=ObPul7S_
Which is "inconceivable" since "stocks only go up"?
And as the following chart suggests, that vol may be here to stay for a while after the election...
See Chart:
https://www.zerohedge.com/s3/files/inline-images/2020-09-30%20%282%29.png?itok=unNl-hnq
Which may have weighed on stocks in September - pushing the S&P to its worst September since 2011, and Nasdaq was the worst of the US majors on the month...
See Chart:
https://www.zerohedge.com/s3/files/inline-images/bfm255D.jpg?itok=iQqwTkih
While most of the majors all retraced their exuberance in September, Dow Transports held on to notable gains during Q3...
See Chrft:
https://www.zerohedge.com/s3/files/inline-images/bfm804B_0.jpg?itok=Xi9FFTul
Despite the bounce in equities and the reflation trade from last week's lows, credit markets have not showed the same strength in the past week. Single-B credit spreads are the widest relative to BBB spreads in over a month and continue to widen. Bottom line: the weakest links in the credit arena are getting worried.
See Chart:
S& P 500 vs B-BBB spread
https://www.zerohedge.com/s3/files/inline-images/bfm1FFA_0.jpg?itok=bHZ3YL9d
Treasury yields spiked overnight (to unch on month) on stimulus hopes (and a Biden win?) but McConnell poured cold water on it all late on and sent yields lower for the month...
See Chart:
https://www.zerohedge.com/s3/files/inline-images/bfm24D2.jpg?itok=x9WYSFdr
10Y Yields spiked hard today (perhaps on post-debate Biden-win fears) but reversed perfectly at unch for September around 70bps after McConnell poured cold water on stimulus hopes...
See Chart:
UST 10 Y Yield
https://www.zerohedge.com/s3/files/inline-images/bfm9810.jpg?itok=T6YNIDWd
Real yields surged in September (dragging gold lower), but the last couple of days saw some of that reverse...
See Chart:
https://www.zerohedge.com/s3/files/inline-images/bfm34D3.jpg?itok=9s_hUJ5x
The B-dollar index rallied in September - its first positive month since March - but note that the USD has reversed in the last few days after tagging key resistance...
See Chart:
https://www.zerohedge.com/s3/files/inline-images/bfmE437.jpg?itok=gwyL7TBO
China's yuan strengthened for the 4th straight month and Q3 was its best quarter since Q1 2008...
See Chart:
https://www.zerohedge.com/s3/files/inline-images/bfm7C5E.jpg?itok=N97WlJua
All the major commodities were lower on the month, as the USD rallied, led by silver...
See Chart: ojo
https://www.zerohedge.com/s3/files/inline-images/bfmE95B.jpg?itok=xZhc5POc
Gold dramatically outperformed silver in September (the first since March) as the gold/silver ratio bounced off 70x..
See Chart:
Gold/ Silver
https://www.zerohedge.com/s3/files/inline-images/bfm20BA_0.jpg?itok=x5musSTo
Finally, after an ugly September, history shows that election-year Octobers usually aren’t kind, either. As Bloomberg notes, on average, the S&P 500 has lost 2.5% in October over the past seven election years (since 1992), the worst performance of any month during those years.
See Table:
https://www.zerohedge.com/s3/files/inline-images/2020-09-30_10-52-25.jpg?itok=RDlmKV1f
Even excluding the 17% decline during the financial crisis in 2008, October posted an average loss of 0.03% compared with a gain of 1.65% in November, pointing to the risk premiums ahead of the votes.
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SOURCE: https://www.zerohedge.com/markets/stocks-suffer-worst-september-2011-dollar-election-doubt-soars
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US DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio
CIVIL WAR 2.0: "THE COUNTRY IS NOW OUT OF ITS MIND"
The orgy of political hysteria, insane thinking and violence is a psychotic reaction to the collapsing techno-industrial economy - a feature of it, actually...
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Los ricos roban lo que quieran y cuanto quieran en el US
MORE THAN 500 JPMORGAN EMPLOYEES INEXPLICABLY GOT EMERGENCY VIRUS RELIEF FUNDS
More than 500 JPMorgan employees got assistance from taxpayers aimed at helping businesses through the pandemic"and dozens of them shouldn’t have"...
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Vaccine: huge business for the rich
Bill Gates: West Must Finance Global Vaccine Distribution Network If It Wants To Defeat COVID-19
Vaccines are the only answer, Gates says, and vaccines won't work unless everybody around the world is vaccinated...
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"EVERYONE DIES": ELON MUSK SAYS HE WON'T GET COVID VACCINE, CALLS BILL GATES A "KNUCKLEHEAD"
When he was asked about the risk of the virus to his employees and their families, Musk responded: "Everybody dies."
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MILITARY PERSONNEL OUTNUMBER CIVILIAN SCIENTISTS IN US VACCINE PROGRAM
With the military so heavily involved in the distribution of this vaccine, is it any surprise that most Americans don’t want anything to do with it?
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TRUMP'S NIGHT: THE RETURN OF THE CHAOS CANDIDATE
Authored by Philip Wegmann via RealClearPolitics.com,
Donald Trump never liked the nickname. Back when he was a New Yorker and a newly minted Republican and generally considered a political oddity, Jeb Bush branded him on live television. According to the former Florida governor, Trump was “the chaos candidate.”
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More gasoline to the fire
KYLE RITTENHOUSE TO SUE BIDEN OVER 'WHITE SUPREMACISTS' CAMPAIGN AD
"I will rip Joe into shreds..." -Lin Wood
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WITH SURPRISE RATINGS PLUNGE, DO DEBATES EVEN MATTER IN THIS ELECTION?
Fast national ratings for the broadcast networks show the debate gathering 28.82 million viewers across ABC, CBS, NBC and Fox — a decline of 36 percent from 2016...
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WHERE WE ARE & WHERE WE GO
DONDE ESTAMOS Y ADONDE VAMOS.
Hugo Adan
9/30/20 20
Read my 7 points at the end of this article
MY VIEW is based on this article:
TWO CRUCIAL THINGS EMERGED FROM THE FIRST PRESIDENTIAL DEBATE
Most significantly, though, Biden and Trump each made a critical point
Biden’s was a tacit admission that, if he is elected president, he will preside over the end of the filibuster, allowing Democrats to pack the courts and add two new Democrat-majority states. Trump’s point was that he’s holding damning evidence about the Democrats’ coup attempt.
Chris Wallace, in one of the few tough questions he posed to Biden, said this:
So my question to you is, you have refused in the past to talk about it, are you willing to tell the American tonight whether or not you will support either ending the filibuster or packing the court?
Biden refused to answer, something the Trump quickly challenged. Here’s the colloquy:
BIDEN: Whatever position I take on that, that’ll become the issue. The issue is the American people should speak. You should go out and vote. You’re voting now. Vote and let your Senators know strongly how you feel.
TRUMP: Are you going to pack the court?
BIDEN: Vote now.
TRUMP: Are you going to pack the court?
BIDEN: Make sure you, in fact, let people know, your Senators.
TRUMP: He doesn’t want to answer the question.
BIDEN: I’m not going to answer the question.
TRUMP: Why wouldn’t you answer that question? You want to put a lot of new Supreme Court Justices. Radical left.
BIDEN: Will you shut up, man?
TRUMP: Listen, who is on your list, Joe? Who’s on your list?
WALLACE: Gentlemen, I think we’ve ended this-
BIDEN: This is so un-Presidential.
TRUMP: He’s going to pack the court. He is not going to give a list.
You can see that Biden made a nonsense statement to avoid answering whether he will preserve the filibuster and the Supreme Court’s current system of nine justices. Shamefully, Wallace let him get away with not answering. Wallace surely understands that Biden’s handlers plan to end the filibuster so that they can pack the court and add D.C. and Puerto Rico as states.
Andrea Widburg the author of this art -clearly a trumpist- said:
Packing the court ends the American experiment as we know it. It means that the Supreme Court will be a political body that will exist solely to put its imprimatur on Democrat policies. And for those who say, “Well, if they pack the Court, then Republicans will pack it more when they’re in power,” that’s sadly foolish.
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MY VIEW
1-Who initiate this ‘sadly foolish’ game was Trump. He could’ve wait until election results are done, but decide to add gasoline to the fire. Now he is burned in it.
2-We need a radical change of the US political system and new electoral rules, that is the only way to go beyond the neoliberal system that is collapsing worldwide and specially in our country.. Now we have the chances to do so by adding DC & Pto Rico as new States. That was the most obvious tit for tat to the total centralization of power in hands of the Reps.
3-Now will come the referendums in all those states controlled by Reps. The parallel gob emerging from referendums will put an end to the fascist regime in America. Their dictatorship will be erased from US political map and a new Rep party will emerge, a one more democratic than the current one.
4-The most important change coming is the emerging of the third option: the People National Front that will mix capitalism with socialism as happens in China, and Scandinavian countries, and now emerging in some American States too. This will replace the duopoly chaotic system we have today (Dems vs Reps), that is the source of political violent chaos and economic dominance of big billonairs served by both parties.
5-The third choice will introduce the equilibrium or homeostasis -the Pareto’s dream- in our country. Then governability will be established with legitimacy, social peace and cohesion, that will serve to all americans, not only the elites of billionaires.
6-To assure governability we need that the party winning democratic election get the 50% of political power in senate, house & governatures. The 2nd party most voted in election should get the 30% of political and the 3rd one the 20%.
7-Then we will have a democratic system with auto-reproduction dynamic as designed by Niklas Luhmann, Maturana & Varela (los biologos chilenos que patentaron el concepto autopoiesis in social systems) Este es el Estado de equilibrio mejor elaborado hasta ahora. China es el más cercano país a este modelo , algunos paises escandinavos también y nosotros estamos en las mejores condiciones para lograrlo y mejor aun. Hay que salir del modelo duopolico en politica (introducir el punto medio or third choice) y salir también del modelo neoliberal. Si podemos crear un nuevo sistema mundial sin imperios, sin WW3 y con auto-desarrollo para todos. A esto vamos desde donde estamos. La propuesta de Biden de crear dos nuevos Estados (DC & Pto Rico) es muy correcta, eso nos permitirá lograr equilibrio de fuerzas en la Corte Suprema.
En CONCLUSIÓN: we know where we are going to. Si sabemos adonde vamos y por el camino correcto: hacia un modelo de socialismo nuevo. If you don want to called socialism, much better even. Si no le quiere llamar socialism, mejor aún. Because what we have in mind goes beyong current socialism. Lo que tenemos en mente va más allá del socialism existente hoy. The new socialism will be historic creation of our nation. Este nuevo socialism será creación histórica de nuestra patria . This new socialism is alredy emerging in several states of our country. Este nuevo socialism esta ya naciendo en varios estados de nuestro país. WE WILL WIN.! VENCEREMOS!.
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DEMOCRATIC SWEEP WILL UNLEASH NEW $7 TRILLION FISCAL STIMULUS
The punchline: The $7 trillion fiscal boost to markets is exhausted some time in 2023 at which point even more will be needed to keep stocks rising
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CALLS FOR JOE ROGAN TO MODERATE NEXT DEBATE INTENSIFY AFTER CHRIS WALLACE'S DISASTROUS PERFORMANCE
...Wallace interrupted Trump 5 times more than Biden...
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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
LONDON COURT HEARS DETAILS OF CIA PLOT TO POISON JULIAN ASSANGE, STEAL DNA FROM FAMILY MEMBERS
Eyewitnesses for private security firm believed on CIA payroll issued anonymity by the court as they are fear they could be harmed...
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... some chains are actually putting together “pandemic pallets” in anticipation of more shortages...
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars & danger of WW3
- Reps, Dems Agree to Include Check Payments in Future CV-19 Relief Bill,
- US Defence Contractor CEO Charged for COVID-19 Relief Fraud
- Over 73Mln Watch US Presidential Debate, Down 13% From 2016
- Trump Directs Administ to Probe US Reliance on Foreign Stat for Critical Minerals
- VEN Resumes Operation of Two Oil Refineries, Maduro Says
- Lawyer of Kenosha Shooter to Sue Biden Over 'White Supremacist' Remarks
- Putin, Macron Discuss Situation in Belarus
-DEBATE: Disgrace-Off
- Protest Compels Philadelphia Gov to Give 50 Vacant Homes to Housing Trust
- RU to Be Represent by 3 Teams in 2020-2021 UEFA Champ League for 1st Time
- Rep Senate Leader Says: 'Unacceptable' for Trump Not to Cond White Suprem
- US Senate Passes Funding Measure to Avert Government Shutdown
- US Army Wants Electronic Jammer Weapon With Missile Defense Capabilities
- US Space Force Will Launch Humans Into Orbit ‘At Some Point’
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