Aug 18 2021 ND SIT EC y POL Part 1
ND denounce-neoliberal debacle y propone State-Social + Capit-compet in Eco
COVID PROPAGANDA ROUNDUP: CORPORATE STATE DECLARES ALL-OUT WAR ON THE UNVACCINATED
The latest updates on the “new normal” – chronicling the lies, distortions, and abuses by the ruling class
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THIS IS "ONE OF THE MOST DANGEROUS, UNPREDICTABLE TIMES IN HISTORY"
by Tyler Durden
"America's Elites are trash...China knows it..."
Brian Dean Wright, a former CIA Ops Officer, explains in a brief but incisive Twitter thread that "FORMER US INTELLIGENCE COLLEAGUES ARE ANGRY AND DEEPLY WORRIED AT WHAT HAS HAPPENED IN AFGHANISTAN."
Wright warns that "there's nearly universal belief that America and the world are in for one of the most dangerous, unpredictable times in modern history."
He continues:
Afghanistan has shown the world -- enemies & allies alike -- that our military & intel assets are largely irrelevant because we can't deploy them successfully.
America's Elites are trash.
China knows it.
The fear is that China & Russia will act in concert.
If there were ever a time to push American hegemony aside, this is it.
If Cold War III grows hot, America will need to quickly build up & work with foreign counterparts.
But who will trust America after Afghanistan?
Beyond China/Russia, others will take gambles too.
Meanwhile, the disaster inside Afghanistan is only just beginning.
Finally, if Afghani refugees pour into the US, there are profound implications for security, culture, the economy, & politics.
Continue reading at:
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"On Friday morning, I received a call notifying me that there would be no further USD shipments"
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ZERO HEDGE ECONOMICS
Neoliberal globalization is over. Financiers know it, they documented with graphics
FED'S TAPER TALK TANKS THE DOLLAR, OIL, & BOND YIELDS; STOCKS PUKE
by Tyler Durden
...how long before Fed Speakers walk these Minutes back?
The Fed appeared to hint at tapering its massive bond-buying bonanza and markets went a little bit turbo. Gold and bonds rallied notably while the dollar dropped and stocks had no bloody idea what to do, so they collapsed...
See Chart:
FOMC Minutes vs Bond, Gold, USD, Stoks
https://cms.zerohedge.com/s3/files/inline-images/2021-08-18_13-01-16.jpg?itok=2XzHKhCj
US equity markets shifted into chaos mode - despite all the gamma-squeeze ammo still available ahead of Friday's opex - whipsawed around significantly before puking lower in the last hour to close down around 1%...
See Chart:
https://cms.zerohedge.com/s3/files/inline-images/2021-08-18_13-00-06.jpg?itok=G-ZUCjBY
Energy stocks were the day's worst performers, Consumer Discretionary was the only sector to manage to hold gains...
See Chart:
https://cms.zerohedge.com/s3/files/inline-images/bfmD8A4.jpg?itok=gSVytYn5
Growth and Value were dumped together after The Minutes...
See Chart:
https://cms.zerohedge.com/s3/files/inline-images/bfm1473.jpg?itok=vW8bWPOu
Treasuries were bid after the release of the FOMC Minutes, erasing the day's losses as the long-end actually saw yields lower on the day...
See Chart:
https://cms.zerohedge.com/s3/files/inline-images/bfm3053.jpg?itok=Ugd7q3bF
The 10Y Yield dropped back to 1.26% - approximately unch for the day...
See Chart:
UST 10Y Yield
https://cms.zerohedge.com/s3/files/inline-images/bfmFB80.jpg?itok=7Hz-Nz-v
The dollar was clubbed like a baby seal after the Minutes...
See Chart:
Bloomberg Dollar Index
https://cms.zerohedge.com/s3/files/inline-images/bfm5C8B.jpg?itok=jmZ9hRgd
WTI tumbled to a $64 handle for the first time since May...
See Chart:
https://cms.zerohedge.com/s3/files/inline-images/2021-08-18_12-08-45.jpg?itok=bNwGM4nJ
Finally, fear that the U.S. Treasury may get to the point where it cannot meet its debt obligations this fallis starting to show up more seriously in the Treasury bill market. As Bloomberg notes, there has been an aversion to bills ranging from mid-October to the end of November that has caused yields in those securities to rise, creating a sort of hump in the bill curve.
See Chart:
US Treasury Bill Curve (Where is it? Or we have to make it?); EASY:
https://cms.zerohedge.com/s3/files/inline-images/2021-08-18_5-04-27.jpg?itok=RfCuZQUx
That’s because some investors have been shunning those maturities for fear of a delayed payment or technical government default.
But then again, this is a problem as 'soft' data is starting to lose momentum rapidly in the absence of more stimmies...
See Chart:
Vaccine vs Soft data, hard data & Hope ( Nice Chart )
https://cms.zerohedge.com/s3/files/inline-images/bfmA399.jpg?itok=eGri9enG
"Probably nothing", right? Or is The Fed 'tapering' into a slowdown?
….
SOURCE: https://www.zerohedge.com/markets/feds-taper-talk-tanks-dollar-oil-bond-yields-stocks-chaotic
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"For the three months ended September 30, 2021, we expect seasonal headwinds and lower trading activity across the industry to result in lower revenues and considerably fewer new funded accounts than in the prior
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A drop in GDP + "a bigger surge in inflation" = stagflation
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US HEMORRHAGING MONEY FROM ENTITLEMENT FRAUD & WASTE
We can’t fix the social safety net by making it bigger and expanding the government’s reach...
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CHINA'S BAD DEBT GIANT REPORTS RECORD 103 BILLION YUAN LOSS, GETS STATE BAILOUT
The dread and uncertainty over the fate of China's largest legacy bad bank, Huarong Group, is over and the outcome is as most had expected: another state bailout.
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FED SAYS MAY HAVE TO RAISE REVERSE REPO LIMITS
"If a number of counterparties reached the per-counterparty limit on their ON RRP investments and downward pressure on overnight rates emerged, it may become appropriate to lift the limit." [ See Chart ]
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Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption.
LOS ANGELES COUNTY SHERIFF AGAIN CALLS FOR STATE OF EMERGENCY TO ADDRESS HOMELESSNESS
“What we’re learning is that our political institutions are responsible for the homeless crisis as we see it today,”
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BIDEN ADMIN HAS 'NO PLANS' FOR HOW TO EVACUATE AMERICANS OUTSIDE KABUL
"They have no idea how to get those Americans through Taliban checkpoints."
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ARIZONA GOVERNOR BLOCKS FUNDING FOR SCHOOLS MANDATING MASKS
"Parents are in the driver’s seat, and it’s their right to make decisions that best fit the needs of their children..."
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Generals in the moon
GEN. MILLEY CLAIMS NOBODY EXPECTED TALIBAN TO TAKE AFGHANISTAN IN JUST 11 DAYS
The Biden Administration needs to get its narrative straight. Which is it: "there was nothing we could do" or "nobody saw this coming?"
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US-WORLD ISSUES (Geo Econ, Geo Pol & global Wars)
Global depression is on…China, RU, Iran search for State socialis, D rest in limbo
PRESIDENT XI CALLS FOR "REDISTRIBUTION OF WEALTH" TO HELP "EXPAND THE MIDDLE CLASS"
Recently, President Xi has mostly succeeded
at destroying wealth, not creating it.
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WHITE HOUSE ON DEFENSIVE OVER CHINESE REPORTS THAT US PREPARED TO 'ABANDON' TAIWAN TOO
After Afghanistan debacle...You can sense their panic is that the empire is malfunctioning. Jake Sullivan says commitment to allies is "sacrosanct".
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SPUTNIK NEWS : https://sputniknews.com/
-Biden Says He Did Not See Way to Withdraw From Afghan Without 'Chaos Ensuing'
- Housing Afghan Refugees at US Bases Raises Transparency, Accountability Issues,
- Trump Says Rival Nats Will 'Cheaply Copy' US-Made Weaps Now in Hands of Taliban
- ‘Unprecedented Fire Behavior’ Seen as CA Blazes Grow to Endanger Major Towns
- Hurricane Grace to Bring Mudslides, ‘Destruc Waves’ to Mexico’s Yucatán Peninsula
- China, Tajikistan Join Up for Security Drills Amid Taliban Victory in Afghanistan
- US Charges New York Observer Editor With Cyber crimes Despite Pardon Fr Trump
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