Nueva Democracia: JAN 21-21 ND SIT EC y POL

JAN 21-21 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

2021: MORE TROUBLES LIKELY

We seem to be headed for very bumpy waters in the years ahead, including 2021. Our real problem is an energy problem that we do not have a solution for...

It is the low selling price of fossil fuels, relative to the rising cost of production, that causes a collapse in the production of fossil fuels. This is the crisis we are now facing.

See Chart:

World Energy Consumption to 2050

https://cms.zerohedge.com/s3/files/inline-images/world-energy-consumption-to-2050-with-caption-1.png?itok=5XQc2w_j

With lower energy consumption, many things tend to go wrong at once: The rich get richer while the poor get poorer. Protests and uprisings become more common. The poorer citizens and those already in poor health become more vulnerable to communicable diseases. Governments feel a need to control their populations, partly to keep down protests and partly to prevent the further spread of disease.

If we look at the situation shown on Figure 1 on a per capita basis, the graph doesn’t look quite as steep, because lower energy consumption tends to bring down population. The reduction in population can come from many different causes, including illnesses, fewer babies born, less access to medical care, inadequate clean water and starvation.

See Chart:

World Energy Consumption Per Capita to 2050

https://cms.zerohedge.com/s3/files/inline-images/world-energy-consumption-per-capita-to-2050-2.png?itok=ku2corgd

CONTINUE READING AT THIS SOURCE:

But before closing read this CONCLUSION:

We seem to be headed for very bumpy waters in the years ahead, including 2021. Our real problem is an energy problem that we do not have a solution for.

SOURCE: https://www.zerohedge.com/economics/2021-more-troubles-likely

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DESPITE RECORD YEAR, WALL STREET FIRMS REFUSE TO HIKE BANKER PAY

by Tyler Durden

"The optics aren’t good right now for large payouts."

Two days ago, when reporting on Goldman's blockbuster Q4 earnings report (and again, the the next day with Morgan Stanley just as impressive results), we pointed out that even as bank revenues soared on the back of the pandemic profit bonanza, employee comp was in fact declining and was, at best, flat, saying "higher bank revenues and much lower comp: this is the end of an era for bankers/traders who used to share in firm upside"

Ahead of Q4 earnings there were conflicting reports with some predicting a decline for traders and dealmakers, in some cases as much as 30%, while others expecting a modest increase for top performers (especially among for hedge funds), but now that the results are in, it's not pretty. Quote Bloomberg:

Deluged by client orders and often working from home, Goldman Sachs Group Inc.’s workforce generated 15% more revenue per employee during the tumult of 2020. But as the year wound down, the firm had spent an average of just 2% more on each person.

Inside JPMorgan Chase & Co.’s investment bank, revenue per employee surged 22%. The figure for pay: up 1%.

CONTINUE READING AT:

SOURCE: https://www.zerohedge.com/markets/despite-record-year-wall-street-firms-refuse-hike-banker-pay

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OIL DRILLERS TUMBLE: BIDEN POISED TO FREEZE OIL AND COAL LEASING ON FEDERAL LAND

by Tyler Durden

The order, signed by acting Interior Secretary Scott de la Vega, applies to all of Interior’s bureaus, including the Bureau of Land Management and the Bureau of Ocean Energy Management

Update: just moments after we reported about the upcoming 60-day oil and gas leasing moratorium, Bloomberg blasted the following report which, all else equal, could have a dramatic impact on the US shale industry

President Joe Biden is poised to suspend the sale of oil and gas leases on federal land, which accounts for about a tenth of U.S. supplies.
The moratorium, which would also freeze coal leasing, is set to be unveiled along with a raft of other climate policies next week, according to the people, who asked for anonymity to discuss plans not yet public. The moratorium is separate from a 60-day leasing and permitting pause ordered Wednesday, and discussed below

The move would block the sale of new mining and drilling rights across some 700 million acres of federal land. It could also block offshore oil and gas leasing, though details are still being developed, some of the people said.

Federal lands and waters together accounted for 22% of total U.S. oil production and 12% of U.S. natural gas production in 2019, according to the Energy Information Administration. Onshore federal lands provide about 8% of the nation’s oil and 9% of its natural gas, according to the Bureau of Land Management. Data for 2020 are not yet available.

A report notes that upcoming gas lease sales are scheduled for Montana on March 23, Colorado for March 25, and Utah for March 29. This means that a Nevada oil and gas lease sale scheduled for March 9 is the only lease sale listed online at EnergyNet that would fall within the 60-day window. Unless it is extended, the moratorium will lift prior to other quarterly lease sales scheduled by the land bureau during the Trump administration.

SPDR S&P Oil & Gas Exploration & Production ETF (XOP) falls to session low:

See Chart:

XOP

https://cms.zerohedge.com/s3/files/inline-images/XOP.jpg?itok=4ulBkLlZ

Among the stocks hit the hardest, Devon was down 11%, MTDR dropped 10%, and EOG was 7% lower.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/drillers%20down.jpg?itok=7IfVFmqh

….

SOURCE: https://www.zerohedge.com/commodities/oil-drillers-tumble-after-interior-dept-orders-60-day-oil-leasing-halt-federal-lands

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ONE BUBBLE "POPPED" (SMALL)...ONE MORE TO GO?

by The Market Ear

Bitcoin lost the mojo over past weeks. Down 25% from highs. Some people need it to go up by 33% in order to break even. Over past weeks we have been pointing out this fact when it comes to cult assets;

The other parabolic asset that has become a cult is Tesla. Bitcoin and Tesla have moved in a similar fashion as the group psychology of missing out continues to be a huge force in this market. Tesla shorts have been painfully carried out on stretchers (although there has been a small pick up in shorts lately) and left is a cult name having outperformed most assets, including bitcoin. Chart showing Tesla vs Bitcoin.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/tslabtc.png?itok=dgnQdqOb

….

SOURCE: https://www.zerohedge.com/the-market-ear/21jan

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THE DANGEROUSLY DIMINISHING RETURNS ON MONETARY AND FISCAL STIMULUS

Authored by Charles Hugh Smith via OfTwoMinds blog,

Allow me to translate the risible claims of Jay Powell and Janet Yellen that their stimulus policies haven't boosted wealth inequality to the moon: "Let them eat cake."

Allow me to translate the risible claims of Jay Powell and Janet Yellen that their stimulus policies haven't boosted wealth inequality to the moon: Let them eat cake. And we all know how that worked out.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/diminishing-returns1-21.png?itok=NpjrbyLu

….

SOURCE: https://www.zerohedge.com/markets/dangerously-diminishing-returns-monetary-and-fiscal-stimulus

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PETER SCHIFF: INFLATION IS REALLY A TAX

"I can assure everybody today that the crisis that’s coming is going to be far worse than anything that was experienced in 2008.”

The cause of the looming crisis is the same – the Federal Reserve and its monetary policy, along with government borrowing and spending that is helping drive the reckless monetary policy. But the outcome will be different.

I think the important consideration this time around is going to be inflation. And I think inflation is the primary factor that everybody should take into consideration when trying to formulate an investment strategy.”

Peter said you should not just consider inflation as an expansion of the money supply and the resulting increase in consumer and asset prices. You need to think of it at the most basic level – as taxation.

Inflation is really a tax. That’s basically what it boils down to. And you have to understand this.”

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US DOMESTIC POLITICS

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

SUDDENLY OPTIMISTIC FAUCI SEES PANDEMIC "PLATEAUING," FEELS "LIBERATED" UNDER BIDEN ADMIN

COVID hospitalizations in the US are seeing a trajectory-shift...is the 'dark winter' coming to an end?

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DEIST: WHAT BIDEN/HARRIS WILL DO

The DEMS (they are Not LEFT. Like Pelosi, they are ultra-rightist) is in no mood for reconciliation with Trump supporters, but punishment is not a policy. It is the act of tyrants... said Kamala

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RIGHT ON CUE FOR BIDEN, WHO ADMITS HIGH-CYCLE PCR TESTS PRODUCE COVID FALSE POSITIVES

Were the 'conspiracy theorists' just proven right about the "fake rescue plan" for COVID?

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BIDEN TO LETS TRANSGENDER ATHLETES COMPETE AGAINST BIOLOGICAL FEMALES, CHILL IN LOCKER ROOM

"Children should be able to learn without worrying about whether they will be denied access to the restroom, the locker room, or school sports."

….

“Hermas “ we called so in Peru to refer hermaphrodites. They were discriminated and very inhumane treated in School & public places. I met some of them and I noticed that they are more human than common people.

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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

CHINA APPEALS TO BIDEN ADMINISTRATION, BLAMES TRUMP FOR "BURNING BRIDGES"

Foreign Ministry suddenly strikes optimistic tone: "...kind angels can triumph over evil forces."

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YELLEN is putting Biden’regime in trouble with CH. It will has negat effects on US Econ

YELLEN SAYS US WILL FIGHT CURRENCY MANIPULATION, WILL USE "FULL ARRAY OF TOOLS" TO COUNTER "CHINA’S ABUSIVE ECONOMIC PRACTICES"

"The Biden Administration will make use of the full array of tools to counter China’s abusive economic practices and hold Beijing accountable."

…

IF this is the case.. many Americans will become ANTI-BIDEN’ regimen. It is time to abandon Trump’ XENOPHOBIC policies. It leads to WW3 (Penta’ stupid chovinism associated with 4 Big Corp of the Military Industrial Complex who profit from manufacturing weapons & wars abroad). IF this is Biden’ plan, then we make a huge mistake voting for Biden.

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THE HARBINGER? Bad presage

Authored by Sven Henrich via NorthmanTrader.com,

What if everything is the same bubble and if so is there a harbinger of trouble on the horizon?

Record market prices again on Inauguration day as equities continue on the Stretched path.

In a world that is uniformly bullish-oriented in the firm belief that coming inflation, ongoing central bank intervention and further stimulus programs will keep the record asset price inflation machine going I want to offer a little thought experiment: What if everything is the same bubble and if so is there a harbinger of trouble on the horizon?

Firstly some perspectives:

If you think markets are rallying because a Democrat has become president think again. Between the election and inauguration markets did virtually the same thing when Trump was elected. Why? Because markets keep chasing the free money everyone keeps promising. New face same game.

See Charts:

Biden Election vs Trump Election

https://twitter.com/NorthmanTrader/status/1352232181599526912/photo/1

The only difference now is that markets are pricier than ever and charts are the most vertically extended than ever in many cases. i.e. small caps $IWM

See Chart:

NorthmanTrader.com

https://twitter.com/NorthmanTrader/status/1352232763991207938/photo/1

No one appears to care, but I'll keep pointing out the historic distortion: Market cap to GDP 192.9%.

See Chart:

GDP

https://twitter.com/NorthmanTrader/status/1352206943079772160/photo/1

Ivan Krivicic: Same thing on global scale... Overvalued territory reached in 2020. There's also an interesting channel on global market cap. Interesting how everyone see bubbles but still are all-in bullish. Tough markets for endemic bears still in the game.

See Chart:

https://twitter.com/IvanKrivicic/status/1352226805923635203/photo/1

….

SOURCE: https://www.zerohedge.com/markets/harbinger

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ARG, BRA, VEN ++ must create a new REGIONAL currency: or adopt CH-Yuan

ARGENTINE CENTRAL BANK'S SUDDEN DOLLAR SHORTAGE SPARKS FEARS OF MASS CORPORATE CREDIT CRISIS

“There just aren’t enough dollars in Argentina for corporates right now.”

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The adoption of a new currency (or CH-Yuan) will facilitate the building of 2 tras-atlantic roads, one in the bottom of South America uniting ARG-BRA-UR-PAR in the Atlantic Ocean with PER-BOL & CHILE in the Pacific Ocean. All those Econ will initiate a fast & sustainable development. The same in the North: roads and the Amazonas River will be used to unite Pacific-countries with the Atlantic he plan in the South was initiated by BRA & PE in 1980s but the American Govt of Alan Garcia dismantle the project because a new regional currency was part of the plan, this time America has a fake Economy and whatever their plans with the South our dependence on USD will be worse.

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SPUTNIK and RT SHOWS

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

- 'Full Scale Wartime Effort': Biden Signs Executive Orders for New COVID-19 Response Program

- Texas Attorney General Ken Paxton Vows to Sue Biden Administration Over ’Illegal Deportation Freeze’

- 'Seriously? Plant More Trees': Netizens Slam Musk's $100Mln Offer for Best Carbon Capture Technology

- Finnish Vaccine Professor Says Booster Doses Could Be Halved Amid Shortages

- Syrian Air Defenses Respond to Attack in Hama,

- Florida Bank Cuts Ties With Trump, Closes Accounts After Deadly Capitol Riot

- 900,000 Americans Filed Unemployment a Week Before Biden Took Office

- Incoming US Treasury Secretary Yellen Vows to Stay Tough on Russia Over Ukraine A esta dama le pagan por impulsar el WW3 con RU y CH, no tiene idea d la Resp d ellos

- Fauci Says Number of Coronavirus Cases May Be Plateauing in US