Nueva Democracia: DEC 13 20 ND SIT EC y POL

DEC 13 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

THE 'HANNIBAL TRAP' WILL CRUSH GLOBAL WEALTH

...the best lessons we learn are from history. Everyone thinks “It is different today” but it isn’t. Almost everything we experience today has happened before...

Authored by Egon von Greyerz via GoldSwitzerland.com,

Is the global investment world about to be caught in the Hannibal trap?

Hannibal was considered as one of the greatest military tacticians and generals in history. He was a master of strategy and regularly led his enemies into excruciating defeats.

So what has Hannibal got to do with the present world? Well, it is pretty obvious. It is all about being led into a fatal trap without even being aware.

COVID ATTACKED AN ALREADY WEAKENED WORLD

As we are approaching the end of an economic era in the world, anything that can go wrong will.

What we do know is that Covid was like putting a match to a timebomb. The timebomb being a global financial system which is about to explode.

Major businesses in retail, leisure, travel, airlines are closing by the day and most won’t open again. Globally, 100´s of thousand of small businesses have closed with devastating effects for their owners.

The coming depression will affect all levels of society.

BILLIONAIRES WEALTH UP 70% IN THREE YEARS

These billionaires are likely to lose at least 90% of their wealth, in real terms, in the next 5-10 years. But not a single one of them expects this to happen or prepares for it.

GLOBAL DEBT FUELS GLOBAL WEALTH

Total global financial wealth is up almost 3x since 1990 from $80 trillion to $225t.

But this massive wealth accumulation is resting on a very weak foundation of debt.

It was only possible to treble wealth by, at the same time, more than trebling global debt from $80t in 1990 to $277t today.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/debt_10.jpg?itok=7xRkTqaH

BIGGEST WEALTH TRAP IN HISTORY

So there we have it. The world hasn’t created any net wealth. Instead wealth has just been inflated artificially by credit creation and money printing of the same magnitude.

Yes, it was created by just simply printing money to the extent of $200 trillion in the last 20 years!

This is clearly the biggest wealth trap in history. Billionaires, millionaires and ordinary investors have all been sucked into a honeypot believing that they have real wealth based on sound foundations.

FANTASY VALUATIONS

The big difference between the late 19th century and today is how their wealth is measured.

150 years ago valuations were conservative and price earnings ratios for public companies were normally below 10!

Quick jump to today. Amazon has a p/e over 90, Microsoft & Facebook “only” in the 30s, and Tesla has a staggering p/e of 1,100!

So on a historical basis, all of the biggest companies in the world today are grossly overvalued at p/e’s of 32 to 1,100 !!

This is what happens when governments and central banks primary economic strategy consists of creating money out of thin air and then these funds are used to support the stock market.

A major part of the $150 trillion debt created since the Great Financial Crisis started in 2006 has stayed with the banks and not gone to consumers or industry.

Conveniently the money has reached investors and been invested in asset markets as I showed in the Debt/Asset table earlier in the this article.

We have major and potentially terminal problems in the financial system since September 2019. And we have a virus which has led to major parts of the world economy collapsing due to governments handling of this virus, But in spite of these massive problems, stock markets around the world are booming.

HANNIBAL TRAP

We have probably not seen the end of the stock market explosion as I explained in a recent article on the coming LIFTOFF & COLLAPSE. But at some point in the next few weeks or months, the market will burst.

Before this burst every investor, big or small, who has any spare liquidity must be sucked into the market just before the top.

This is the Hannibal trap. Everybody must be hauled into the stocks at the top of the market. And just like Hannibal slaughtered the Romans, the coming bear market will slaughter investors.

Investors could easily see all the bubble assets, stocks bonds and property decline by more than 90% in real terms. Again, real terms mean constant and stable purchasing power.

THE DOW WILL LOSE 97% IN REAL TERMS – GOLD

The Dow/Gold ratio is today 15. In 1980 it was 1 to 1. The ratio topped in 1999 and the long term trend is now down as the chart below shows.

The target for the ratio is 0.5 to 1. This means that the Dow will lose 97% against Gold in coming years.

See Chart:

Central banks has created FALSE MARKET since 1913

https://cms.zerohedge.com/s3/files/inline-images/banks_1.jpg?itok=MNCXMzf1

Few people believe this magnitude of decline is possible.

But remember the Dow in itself went down 90% from 1929 to 1932 and that it took 25 years before it recovered.

This time the situation is drastically worse both from a debt point of view and overvaluation of stocks. So 95%+ is not unrealistic.

CONTINUE READING AT:

SOURCE: https://www.zerohedge.com/commodities/hannibal-trap-will-crush-global-wealth

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US DOMESTIC POLITICS

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

THE CARES ACT THAT COULD TRIGGER A YEAR-END "SELLING DELUGE"

Section 2022 of the CARES Act eliminates the 10 percent early withdrawal penalty if you are under the age of 59 ½ and withdraw up to $100,000.

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NIH DIRECTOR BEGS AMERICANS TO SWALLOW VACCINE SKEPTICISM AS BILL GATES EYES UNOFFICIAL ROLE

"Hit the reset button..."

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"A FINAL MIDDLE FINGER FROM TRUMP" - DEMS FURIOUS ABOUT WHITE HOUSE COVID VACCINE ACCESS: LIVE UPDATES

Meanwhile, NJ Gov Phil Murphy is warning the next few weeks will be "hell"

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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

US OPIUM DREAMS:

CHINA'S GLOBAL POWER TOPS THE US? NEW MEASURES SAY NO!

GDP and military spending matter, but so do networks of allies and "resilience"

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NEOLIBERAL COLLAPSE IS THE REAL THREAT OF OUR NATION

AUSSIE MEDIA CLAIMS MASSIVE LEAK OF CCP MEMBERS "LIFTS THE LID" ON GLOBAL SURVEILLANCE STATE

...China's Communist Party is the "central threat of our time."

….

TRUMP IS A POLITICAL CADAVER:

He failed in voter re-count & will fail in WAR with IRAN-CHINA

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ANOTHER FALSE FLAG: nasty xenophobia

CHINA TELLS CABIN CREWS TO WEAR DIAPERS AND AVOID USING BATHROOMS ON RISKY COVID FLIGHTS

In addition to diapers, cain crew should wear medical protective masks, double-layer disposable medical rubber gloves, goggles, disposable caps, disposable protective clothing, disposable shoe covers.

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SPUTNIK and RT SHOWS

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

-US Presid Trump Says Supreme Court 'Chickened Out' After It Blocked Texas Lawsuit

- 'Remarkable': Sweden Closes Down Own Nuclear Power Plants, Yet Builds New Ones in Estonia

- Iranian Ship Arrives in Venezuela for More Oil Despite US Sanctions,

- Decade After Arab Spring, Tunisia Still Hopes for Better Future

- Russia Successfully Test-Launches Angara A-5 Heavy Carrier

- Explosion, Shooting Reported in Mogadishu, Somalia

- Afghan Forces Kill 18 Taliban Members, Injure 12 Others in Eastern Afghanistan

- Sweden Transition to Digital Currency Amid Steady Decline in Use of Paper Money

- Sweden Democrat Women Call to Castrate Paedophiles Amid High-Profile Scandal