Nueva Democracia: MAY 2 2021 ND SIT EC y POL

MAY 2 2021 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

WE ARE AT THE EARLY STAGE OF THE BIGGEST COBRA EFFECT IN THE HISTORY OF ECONOMICS

By Larry McDonald, author of The Bear Traps Report

"We have just lived through a colossal public-private experiment where fiscal and monetary policy globally have been unleashed at unprecedented proportions."

"We believe we are at the early stage of the biggest Cobra Effect in the history of economics. As the massive monetary and massive fiscal stimuli (over $15T globally) conjoin to save the economy from a deflationary depression, instead they risk hyperinflation - overweight commodities."

Vaccination parties have broken out on many street corners as explosive human energy has come roaring out of the cage. To us, this is a preview of what is about to transpire around the planet and the "Cobra Effect" has entered the 4th inning. When governments tinker in capital markets there are always unintended consequences. Above all, we must keep in mind - what transpired in Q1 to Q4 2020 was NOT a mere tinkering.

See Chart

Mentions on inflation are more than triple so far, pointing to higher inflation

https://cms.zerohedge.com/s3/files/inline-images/inflation%20mentions_0.jpg?itok=77ZYugri

Continue reading at:

SOURCE: https://www.zerohedge.com/markets/we-are-early-stage-biggest-cobra-effect-history-economics

----

HOW THIS INFLATION PLAYS OUT WILL BE DIFFERENT FROM ANYTHING THAT HAS COME BEFORE IT

All of us will begin to increasingly wonder, whether digital assets, which have no real history, no anchors, are the first to provide a glimpse of what lays beyond the horizon.

====

"THIS TIME IS INDEED DIFFERENT" - WHY MORGAN STANLEY SEES NO HOUSING BUBBLE

by Tyler Durden

We are not at all suggesting that home price appreciation will maintain its current torrid pace. Home prices will continue to rise, but more gradually. We have strong conviction that we are not experiencing a bubble in US housing

US housing is on a hot streak. Home prices as measured by the S&P Case-Shiller Index rose 12.2%Y, with prices surging across all 20 of the metropolitan areas tracked by the Index. That amounts to an increase of $35,000 in the median selling price for homes from just a year ago and marks the fastest pace of increase since 2006.

Against this backdrop, there is a nationwide shortage of supply. The number of existing homes available for sale has plummeted to historical lows while the supply of new homes remains muted, hence the overall supply of homes sits near record lows.

See Chart:

Th supply of existing homes available for sale has plummeted to historical records

https://cms.zerohedge.com/s3/files/inline-images/inventory%20housing%20MS.jpg?itok=YsWZWqlS

----

Explain what is the point of rising inflation now: circulation of money?

"THE COSTS ARE UP, UP, UP. WE'RE SEEING SUBSTANTIAL INFLATION" ADMITS A SURPRISED WARREN BUFFETT AS POWELL, YELLEN SEE NOTHING

“It just won’t stop. People have money in their pocket

and they’ll pay the higher prices.”

====

ALL INFLATION IS TRANSITORY... THE FED WILL BE LATE AGAIN

... the Fed is trapped. If they hike rates, they bust the bubble and destroy economic growth. If they do nothing, the bubble inflates to a point it breaks under its weight...

====

RON PAUL: NO, CONSERVATIVES SHOULD NOT EMBRACE MMT

MMT suffers from the same flaws as every other version of this fairy tale. The only long-term benefit of the adoption of MMT is that it will hasten the inevitable collapse of the welfare-warfare fiat money system.

Reading Jonathan Culbreath’s “Modern Monetary Theory for Conservatives” one can’t help but think of Murray Rothbard’s quip that “it is not a crime to be ignorant of economics … but it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.“

Read this article at:

SOURCE: https://www.zerohedge.com/economics/ron-paul-no-conservatives-should-not-embrace-mmt

----

US DOMESTIC POLITICS

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

THE FUNDAMENTAL ECONOMIC PROBLEM WITH BIDEN'S RESCUE PLAN

...plan is to restrict the free market (the only mechanism capable of promoting the general welfare), and expand the role of the government (an institution that can never promote the general welfare)...

====

BIDEN PREPARES FOR STEALTH FOOD STAMP INCREASE OF UP TO 20% WITHOUT CONGRESSIONAL APPROVAL

"It’s one of the bigger things government can do for poverty without Congress."

====

BOEING FIRES 65 EMPLOYEES, DISCIPLINES 53 MORE FOR 'RACIST AND HATEFUL CONDUCT' FOLLOWING GEORGE FLOYD DEATH

The company will also increase black representation to from 6.4% to 20% over the next 3.5 years.

====

HEDGE FUND CIO: "BIDEN IS BETTING THE VOTERS THAT BROUGHT TRUMP TO POWER CAN BE BOUGHT"

"Biden claims 90% of the new jobs won’t require college degrees. The presumption is that these voters brought Trump to power and inexplicably supported him despite his $1.5trln in tax cuts for the wealthy. Biden is now betting they can be bought. Most folks

====

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

RUSSIA, IRAN, & A SWIFT NUCLEAR FIRST STRIKE

SWIFT rose to prominence during a time when it was expensive to move information around the world. Now information is cheap... claiming monopoly power to control the flow of money is a fool’s errand.

====

SPUTNIK : https://sputniknews.com/

- Al-Qaeda 'Greatly Degraded' in Afghanistan, Biden Says

- Blinken Says Biden Administration to Focus on Guantanamo in 'Months Ahead'

- Venezuelan President Confirms Fifth Shipment of Russian Sputnik V Vaccine

- Chad’s Military Council Names Transit Govt After Death of President Idriss Deby

- Rockets Fired at Baghdad Airport Base Housing US Troops

- Belarusian Prime Minister Says Russian Oil Shipments Regular, Unaffected by US Sanct

- Natural Gas Prices in Europe Spike to January Levels Amid Fall in Stockpiles

====

MAY2- 2021 ND SIT EC y POL SPANISH ++

REBELION