Nueva Democracia: March 7-8 2022 SIT ECON y POL

March 7-8 2022 SIT ECON y POL

ND denounce- debacle y propone State-Social + Capit-compet in Eco

ZERO HEDGE ECONOMICS

Neoliberal globalization is over. Financiers know it, they documented with graphics

WAR issue: 1

"TRUTH IS THE FIRST CASUALTY OF WAR": WHAT'S REALLY GOING ON

Only sober political analysis can aid deescalation, but that is precisely what is being discouraged right now.

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2 US SET TO IMPOSE FURTHER SANCTIONS ON RUSSIA: HERE'S WHAT THEY COULD LOOK LIKE

Options include blocking more Russian individuals and companies, blocking additional banks or restricting their ability to clear dollar transactions, banning imports of Russian energy, raising tariffs on imports from Russia, and/or denying Russia most-favored nation status.

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US is d weakest nuke-power in the world: their N-silos are easy to be dismantle in one day & more than 13 states will disappear faster than JA bombing during 1^st recession. Now we are in 3^rd recession and Ray Dalio talk on effects of WW3 in US & EU in 2 recent articles.

At domestic level: in political terms the issue gobernability is at stake and before Nov Elections our Nation will be very divided & in favor of PEACE. Our nation is not prepared for another Sept 11 and will demand bunkers anti-nuke bombs for all the nation. Patriotism wont last more than a week and PEOPLE FRONTs and armed REV will emerge.

Lets see what happen when a nuclear silo explode in the West close to the big volcano that is about to erupt. This will not be done by RU-CH, just by americans who forgot their duty. It will no be implosion like the seven tower in NY-sept 11. It will be a natural disaster that was expected to happen. It will be worse than the bombing of Japan in Nov 1935.

At international level the solidarity with RU is growing up. The invasion of Ukraine was the only way to stop de crimes of NATO against people of Donesk & Lugansk & its expansion to regional countries close to RU. The RU gas & oil ductus were at stake. If RU Bomb the nuclear silo in Poland bye bye to NATO EXPANSION IN THE REGION. Poland is the base for NATO allies (US-UK) to invade Ukraine with more than 30,000 troops (besides weapon) against RU. When Poland nuke base is destroyed Ukraine will have a new independent country and RU will also get out of the Ukraine.

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NOMURA: STUFF IS BEGINNING TO BREAK

By Tyler Durden

from Energy, to Ags, to Industrial Metals to Inflation, to EU Financials

One look at today's absolutely bananas explosion in LME Nickel prices which soared 82% in one day to a record $52,700.

See Chart:

LME NICKEL

https://cms.zerohedge.com/s3/files/inline-images/LME%20nickel.jpg?itok=Lf4O2cK8

... shows that commodities inflation panic was in full-swing earlier overnight, where war-related price-shocks are trading through what Nomura's Charlie McElligott writes was “escape velocity” on likely stop-outs from “Shorts” (think commodity producers and traders who were short futures to hedge prices, similar to the margin call experienced by Peabody), and with the market seemingly realizing there is little that CB monetary policy can do to control it.

Picking up on Zoltan Pozsar's latest comments about a fractured commodity market, where "toxic" Russian commodities are no longer deemed viable collateral, potentially setting the stage for the next liquidity crisis, McElligott writes that "one doesn’t need to stretch their imagination too far to see how a commodities trading house that is long underlying / short future is a rough equivalent to a Fixed-Income RV trade which as per the Mar 2020 example can see this “basis” go wrong-way FAST when there is a shock removal of liquidity (FX reserves in system sudden decline from the aggregate of the SWIFT and Bank of Russia sanctions, plus the market’s unwillingness to transact abd the drawdown on corporate Credit lines) and this knock-on matters tremendously when we think about the de-leveraging risk via “Commodities as Collateral” unwind potential" (more here).

Sure enough, this time Pozsar's note was right on time (with the previously noted Peabody margin-call), and as McElligott summarizes, "stuff is beginning to break: from Energy (EU Nat Gas benchmark earlier traded > 75% on day to all-time high) to Ags (Wheat limit-up and to fresh all-time high) to Industrial Metals (Nickel +38%, largest $ gain in 35 yr history of LME contract) to FX (EURCHF through parity earlier, first time since the SNB peg break in ’15) to Inflation (EUR 5y5y to 8+ yr highs) to EU Financials (SX7E -34% in less than a month)."

Seriously: EU Nat Gas benchmark TTF earlier traded above EUR 345 per Mwh, which Bloomberg Energy Specialist Javier Blas noted was equal to more than $100 / mm BTU—or more than $600 / bbl of Oil equivalent at the panic peak
FX Vol is back: For Energy importers, the balance of payments shocks are going to be even profound due to obvious inelasticity (particularly for the subsidizers), which should keep us on guard for building FX devaluation risk
At same time, a ton of eyes on MENA (and beyond) as it relates to the risk of potential civil unrest (i.e. “Arab Spring 2.0”) related to sudden shock to Wheat / Grain flows, off back of outsized dependency on Ukraine / Russia supply—all while the Chinese Ag Minister (the world’s largest consumer) over the weekend stated that the winter Wheat conditions could be the worst in history (shorturl.at/kwBNO)

Yet unlike previous crises, there is nothing the Fed can do about the supply shock, and it translates into "relative paralysis in Fed implieds as March FF futs still pricing about a full ~ 24bps of hikes, while EUR OIS is still waffling btwn late ’22 (Dec mtg now with 21bps priced) and early ’23 for first full implied ECB hike—as “risk off” conditioning has markets torn between their usual “CBs turn dovish” to assuage FCI tightening…but against the reality of the inflation surge forcing a required rapid tightening in CB policy to stop the bleeding."

Continue reading at:

Source: https://www.zerohedge.com/markets/nomura-stuff-beginning-break

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WALL STREET SCRAMBLES TO SLASH S&P 500 PRICE TARGETS

Analysts are scrambling to slash their S&P 500 targets as surging oil prices hammer global stocks.

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"THE MARKET IS TOTALLY DYSFUNCTIONAL" - TRADERS CONCERNED RUSSIAN CDS WON'T PAY OUT IN EVENT OF DEFAULT

The problem we face is CDS

is implying a recovery value that’s not realistic."

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US DOMESTIC POLITICS

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

US & CANADA MOVE TO STRIP TITLE FROM RUSSIA'S TOP IMF REPRESENTATIVE

While the US and Europe have frozen (but not confiscated) hundreds of billions of foreign reserves belonging to Russia's Central Bank, a push to also strip Russia of $17 billion in SDRs has apparently fizzled.

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Internal contradictions between Reps & Dems are getting worse & worse

GOP SAYS IT'LL INVESTIGATE FAUCI IF IT RETAKES HOUSE IN 2022

“When are we going to have accountability for Anthony Fauci? Look, he’s missing right now for one reason, and one reason only: The Democrats are looking at the polls."

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Necesitamos en America una mujer con mas cojones y capacidad de negociación como la alemana Merkel

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HACKERS BREACHED US LNG PRODUCERS IN RUN-UP TO UKRAINE INVASION

In some cases they paid up to $15,000 for access...

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"ABSOLUTELY OUT OF CONTROL" - GAS HITS $4 A GALLON FOR FIRST TIME SINCE 2008

"Americans should prepare to pay

more for gas than they ever have before."

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US-WORLD ISSUES

The DEBACLE of Europe Market.. no need to bomb their Banks, unless have Nukes

CARNAGE EVERYWHERE AS MARKET "BEGINS TO BREAK"

By Tyler Durden

This may be just the beginning.

There is no other way to describe today's market carnage than a market in turmoil where things are rapidly breaking as the sudden disappearance of Russia's "toxic" commodity collateral is suddenly sparking contagion and widespread liquidations.

With S&P futures a one way elevator lower after a modest rip higher on Ukraine ceasefire optimism early in the session, sending spoos more than 120 points down from session highs and closing down 2.9%, below 4,200, its worst close since October 2020...

See Chart:

Emini S&P Futs

https://cms.zerohedge.com/s3/files/inline-images/ES%202022-03-07_16-06-47_1.jpg?itok=GjoX1lUp

... and the Dow tumbling more than 800 points, everything was in the red, with the exception of the defensive utility sector and of course energy which is basking in the glow of a historic surge in the commodity space.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/sectors_0.jpg?itok=m7tJjXSr

The Nasdaq tumbled 3.6% with the help of Facebook and Moderna both of which have wiped out more than 50% of their value from all time highs, and is now down more than 20% from its all time high, closing in a bear market, where it joins the Russell, which is now also down more than 20% from ATH.

See Charts:

https://cms.zerohedge.com/s3/files/inline-images/nasdaq%20russell%20bears.jpg?itok=WJu93Qvm

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Consumer discretionary stocks, with a decline of more than 3%, led the S&P 500 to a fresh session low. Companies with outsize exposure to Europe - Calvin Klein owner PVH and Ralph Lauren - were among SPX stocks with the biggest drops, while Amazon and Apple are among top decliners on a points basis. Higher energy costs and soaring food prices may crimp consumer spending in other areas, with oil posing a particular challenge. Consumer discretionary stocks are the worst performers among SPX sectors this year, shedding ~19% while the broader index falls ~11%.

While energy was the best - and only outperforming - sector, a testament to today's dismal risk off mood is that the small-cap Russell actually outperformed both the S&P and the Nasdaq, with the latter tumbling more than 3%.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/intra_0.jpg?itok=CVh9Yg4N

Europe was even worse, with Germany's DAX closing down 2% - at the lowest level since November 2020 - and bringing total declines since its January record high to bear-market inducing 21%, while the broader Euro Stoxx 50 also ended 1.2% lower, and also closing more than 20% lower in a bear market.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/stoxx%20bear%20market.jpg?itok=KUFbICIz

Believe it or not, those were some of the more timid moves observed today. As Nomura noted earlier, there have been some truly historic swings across all assets, especially Energy where oil had its biggest daily swing ever, with Brent surging to near $140 before tumbling $20 after Germany said it has no plans to halt Russian energy imports, only to reverse higher again...

See Chart:

Brent Crude

https://cms.zerohedge.com/s3/files/inline-images/brent%20swing.jpg?itok=xy_gTEc-

... to gas, with the European nat gas benchmark trading > 79% to an all-time high, before also reversing gains...

See Chart:

EU Nat Gas (TTF)

https://www.zerohedge.com/markets/carnage-everywhere-market-begins-break

... to Industrial Metals, where Nickel exploded 82% in one day amid a wave of short squeeze in the largest dollar gain in 35 yr history of LME contract...

See Chart:

LME Nickel

https://cms.zerohedge.com/s3/files/inline-images/LME%20nickel_0.jpg?itok=zO4SRZlc

... and even FX, with the Swiss trading through parity with the Euro earlier, the first time since the SNB peg break in ’15...

See Chart:

EURCHF

https://cms.zerohedge.com/s3/files/inline-images/EURCHF%20march%206_1.jpg?itok=ZYHUB9mI

.. to Inflation, where even's Europe's 5y5y inflation swap soared to 8+ yr highs...

See Chart:

EUR 5Y 5Y

https://cms.zerohedge.com/s3/files/inline-images/EUR%205Y5y.jpg?itok=vvsupT6j

... to EU Financials, with Europe's banks (SX7E) tumbling -34% in less than a month amid panic over Russian exposure.

See Chart:

European Banks (SX7E)

https://cms.zerohedge.com/s3/files/inline-images/SX7E.jpg?itok=NOeg-TBq

Among other commodities, the type that actually matter when considering social unrest and revolutions, wheat futures closed limit up again at a record $1,425 translating into an all time high $12.94 per bushel on fear Ukraine and Russian output will be cut off.

See Chart:

Wheat Futures

https://cms.zerohedge.com/s3/files/inline-images/wheat%203.7.jpg?itok=WaR0ogNv

While those keeping track of market dislocations did not find anything abnormal in today's move in the FRA-OIS, which was roughly unchanged from Friday's close after blowing out late last week...

See Chart;

FRA-OIS

https://cms.zerohedge.com/s3/files/inline-images/FRAOIS_0.jpg?itok=asfIkK-V

... a look at the continued decline in the balance of the Fed's Overnight Reverse Repo suggests that banks are starting to stockpile liquidity.

See Chart:

Overnight Reverse

https://cms.zerohedge.com/s3/files/inline-images/ON%20rep%20march%207.jpg?itok=HyYzFIal

Even formerly invincible junk bonds cracked, and took out YTD lows, sliding to levels last seen in the aftermath of the covid crisis.

See Chart:

HYG

https://cms.zerohedge.com/s3/files/inline-images/HYG.jpg?itok=VIx0xGZ7

So as oil and commodities decouple from everything in the clearest signal yet that the summer of 2008 is in play (something we discussed 2 months ago in "Shades Of 2008 As Oil Decouples From Everything") is the market finally pricing in the coming stagflationary recession? Not yet, but with the 2s10s just 24 bps now, the lowest since the covid crash, and a few days trade away from 0, we are almost there.

See Chart

2Y10Y TSY CURVE

https://cms.zerohedge.com/s3/files/inline-images/2s10s%20march%207.jpg?itok=cuRRNPpt

because the entire move is driven by an explosion higher in 10Y breakevens, which soared 16bps today alone to 2.86%, the highest level on record as markets freak out about inflation over the next decade.

See Chart:

Real vs Breakeven

https://cms.zerohedge.com/s3/files/inline-images/real%20vs%20breakeven%202022-03-07_16-19-27.jpg?itok=zFSqFgeU

See more charts

And comments at:

SOURCE: https://www.zerohedge.com/markets/carnage-everywhere-market-begins-break

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SPUTNIK NEWS :

https://sputniknews.com/

- Musk Urges Europe to Build up NPPs Amid Surging Prices

- Ecol: Record Increase in Carcinogenic Pesticides That Kill Endangered Species

- NED Scrubs Ukraine Activities From Website Amid Scrutiny on “CIA Cutout”

- Blinken Says US, NATO Mulling Permanent Military Deployment in Baltics

- Multiple Shooting Victims Outside US High School

- Ukrainian Military Posing With UK Weapons at Kindergarten Emerge Online

- Putin Says Tasks in Ukraine Solved Only by Professional Military

- US Stocks Fall by 797 Points as Anti-RU Sanct Push Petrol Above $130 per Barrel

- US Destroyers Enter Baltic Sea After 3rd Round of Talks Betw Moscow & Kiev End

- Moscow Could Ban Pumping of Gas to Europe Through Nord Stream 1

- Angelina Jolie Urges Yemenis ‘Deserve Same Compassion’ as Ukrainian Refugees

- US, NATO & EU Make Peaceful Resolution of Ukrainian Crisis Impossible

- Gazprom Vows to Continue Gas Deliveries Under Contracts Amid Soaring Prices

- Press Statements After Third Round of Russia-Ukraine Talks

- Ukraine Assures Humanitarian Corridors Will Start Working – RU

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March 7-8 2022:

SIT EC y POL SPANISH

REBELION

Econ: Seleccione la combinación para el sepulturero A Marcó d Pont

UKR: 15 reactors nuclear en Ucrania, dónde están y qué peligro dan

ALC: qué pasa con las economías latinoamericanas? Lina Merino ++

Educ: SEMENTANDO IGUALDAD Alfredo Iglesias Diéguez

ALC: AMÉRICA LATINA Y LA GUERRA DE UCRANIA Ignacio Ramonet

Ecol S: Impactos d calentami global, más rápidos y más graves D T

Ecol S: la salud de los océanos está vinculada a derechos humanos

Ecol S: Bukele ensombrece proyectos bitcóin en El Salvador E Ayala

FEM: NATURALEZA y MUJERES PARA UN FUTURO SOSTENIBLE M Jara

Prensa : Medios de comunicación: Responsabilid e intereses J Aller

Opin: LA RAZÓN DE LA RAZÓN Jaime Richart

Ucrania JARDÍN DE SENDEROS QUE SE BIFURCAN Alberto Pinzón

España: La izquierda Ana Botella (y la derecha Pablo Iglesias) D S

César Manzanos: La cultura del castigo no funciona frente al delito

Justicia : Solidaridad con Mumia Abu-Jamal en Filadelfia Joe Piette

Imperio: RECUENTO OFICIAL DE INVASIONES USA Atilio A. Boron

Peligro neo-nazi?: REARME EN ALEMANIA Jakob Augstein

UKR: ¿QUÉ PASA EN UCRANIA? Paula Giménez, Matías Caciabue

Guerra: TODAS LAS VÍCTIMAS Josep González

Pto Rico ALIANZAS ELECTORALES Y CAMINO AL FUTURO J M F

Costa Rica A 4 AÑOS DE LA APROBACIÓN DEL ACDO DE ESCAZÚ N B

El Salvador BAJO EL SIGNO DEL OLVIDO Valentina Portillo

ARG: CAPITULACIÓN ANTE -FMI Claudio della Croce

ARG: Crece el rechazo de mov sociales al acuerdo con el FMI M H

BOL: LA PÁGINA OSCURA DE FRANZ TAMAYO Grecia Gonzales

Chile: NADIA POBLETE: «NUESTRO 8 DE MARZO NO ES SU 8M»

COL: PAUL ARLANTT MINDIOLA, EL TANQUERO REBELDE JC Gamboa

COL: Candidatos, gobs, contratación pública y corrupción M Silva

Cuba: CUBANAS DEFIENDEN PROYEC DEL CÓDIGO DE FAMILIAS

MX-infamia: CAPITALISMO Y BARBARIE Xicoténcatl

PAL-OP: Mov kurdo: larga marcha por libertad de Abdullah Öcalan

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RT EN ESPAÑOL

Ucrania impide evacuación de su poblac a RU para que no "revelen verdad de las acciones de los radicales" https://actualidad.rt.com/actualidad/422955-rusia-ucrania-impedir-evacuacion

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US negocia con Irán, Ven y Arabia Saudi sobre "seguridad energética" para reducir compra de petróleo ruso https://actualidad.rt.com/actualidad/422967-casa-blanca-dice-negocia-iran-venezuela-arabia-saudita

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Dos destructores de misiles guiados de la Armada US ingresan al mar Báltico https://actualidad.rt.com/actualidad/422948-destructores-armada-eeuu-ingresar-mar-baltico

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Refugiados cuentan cómo salieron de Mariúpol a pesar de bombardeos por los nacionalistas https://actualidad.rt.com/actualidad/422933-refugiados-contar-salir-mariupol

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Maduro: "los que preparaban planes para extender la OTAN son responsables d la situación en Ucrania https://actualidad.rt.com/actualidad/422996-maduro-preparaban-planes-extension-otan-responsables

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Moscú advierte de subida del crudo a "más de 300 dólares por barril, si hay rechazo al petróleo ruso https://actualidad.rt.com/actualidad/422940-moscu-subida-crudo-300-dolares

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China acusa a US de intentar crear una nueva OTAN en la región del Indo-Pacífico https://actualidad.rt.com/actualidad/422901-china-acusar-eeuu-tratar-crear-otra-otan

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Díaz-Canel denuncia "cerco militar ofensivo contra Rusia" y afirma que su operativo en Ucrania "pudo evitarse" si le dieran garantías de seguridad https://actualidad.rt.com/actualidad/422991-diaz-canel-denunciar-cerco-militar-rusia

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Concluye la tercera ronda de negociaciones entre Rusia y Ucrania: resultados https://actualidad.rt.com/actualidad/422920-concluir-tercera-ronda-negociaciones-rusia-ucrania

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El Pentágono admite que Ucrania recibe armas de 15 países https://actualidad.rt.com/actualidad/422987-pentagono-declara-ucrania-recibe-armas-15-paises

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Cuba condena las restricciones contra los medios rusos y la desinformación resultante https://actualidad.rt.com/actualidad/422939-crimen-lesa-cultura-union-periodistas-cuba-condena-restricciones

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Perú: El nuevo Gabinete de Pedro Castillo en vilo ante posibilidad de que el Congreso le niegue el voto de confianza https://actualidad.rt.com/actualidad/422930-acentua-crisis-gobierno-peru-negativa-congreso-gabinete

Castillo debe desconocer al congreso y gobernar con los alcaldes electos en las diversas regiones del país. Convocar con ellos las ASAMBLEAS POPULARES para desconocer a los congresistas que no obtuvieron el 50% del total del electorado en cada región. Con eso se queda sin mayoría la oposición. Fujimori se dio un auto-golpe y desconocio el congreso. Los alcaldes electos pueden crear la base para una nueva democracia en el Peru. Se debe regresar a la constitucion del APRA solo que hay que modificar varias partes. No se necesita nueva constituyente para ello. Lo que se necesita es el MOV popular de los ALCALDES de la NACION PERUANA.

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CROSS TALK

https://www.rt.com/shows/crosstalk/

EL FASCISMO DE BIDEN HA BLOQUEADO ESTA RED INFORMATIVA

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GLOBAL RESEARCH

- Reflections on War, Injections, and Terror at This Crossroads in History By AJH

- US Plans to Step Up Its Economic War Against China By Dr. Leon Tressell,

- A Concrete Solution to the Ukrainian Crisis and an End to the Threat of World War By Emanuel Pastreich

- The Danger of the ‘Something Must Be Done’ Mantra By Ben Schreiner,

- Evidence that Ukraine Has Been Run by Nazis Since February 2014 By Eric Zuesse

- Crisis in Ukraine: The Global Risks to Commodities By Wood Mackenzie