MAY 1 17 SIT EC y POL
ND denuncia debacle d Globaliz neoliberal y
propone State-Social + Capit-compet in Econ
ZERO HEDGE ECONOMICS
Neoliberal
globalization is over. Financiers know it, they documented with graphics
Everyone wants an abundance
of "good paying" jobs, but employers can only afford to pay employees
if the work being done is profitable. Isn't it obvious that we need a new system?
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Just remember, it's different this
time...
It's fun-durr-mentals...
As VIX crashed to its lowest intraday since Feb 2007...
Banks were briefly battered by Trump's comments on breaking
them up, but dip-buyers scrambled quickly...though failed to hold into the
close
30Y Yields rallied back to 3.00% by the close...
Oh - and as a reminder of just how bad it is...this morning's
data, it has collapsed to the lowest
level since Oct 2016.
"After a weak
Q1, downside misses in economic data this week have a heightened capability to trigger a
reassessment of the whole growth trajectory."
….
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"Will
'Trumponomics' change the course of the U.S. economy? I
certainly hope so. Unfortunately, there is no evidence that such has ever been
the case. As investors, we must understand the difference between a 'narrative-driven' advance
and one driven by strengthening fundamentals. The first is short-term and leads to bad outcomes. The other isn’t, and
doesn’t."
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Those that were predicting that the U.S.
economy would be flying high by now have been proven wrong...
The following are 11 reasons why U.S. economic growth
is the worst that it has been in 3 years…
#1 The weak economic growth in the first quarter was
the continuation of a long-term trend. Barack Obama was the only president in history not
to have a single year when the U.S. economy grew by at least 3 percent, and
this is now the fourth time in the last six quarters when economic growth has
been less than 2 percent on an annualized basis. So essentially this latest number signals that our long-term economic
decline is continuing.
#2 Consumer spending drives the U.S. economy more than anything
else, and at this point most U.S. consumers are tapped out. In fact, CBS News has reported that three-fourths
of all U.S. consumers have to “scramble to cover their living costs” each
month.
#3 The job market appears to be slowing. The
U.S. economy only added about 98,000 jobs
in March, and that was approximately half of what most analysts were
expecting.
#4 The flow of credit appears to be slowing as well.
In fact, this is the first time since the last recession when there has been no
growth for commercial and industrial lending for at least six months.
#5 Last month, U.S. factory output dropped at the fastest pace that
we have witnessed in more than two years.
#6 We are in the midst of the worst “retail apocalypse” in
U.S. history. The number of
retailers that has filed for bankruptcy has already surpassed the total for the entire year of 2016, and at the
current rate we will smash the previous all-time record for store closings in a
year by nearly 2,000.
#7 The auto industry is also experiencing a great deal of stress.
This has been the worst year for U.S. automakers since the last recession, and seven
out of the eight largest fell short of their sales projections in March.
#8 Used vehicle prices are falling “dramatically”, and Morgan Stanley is now
projecting that used vehicle prices “could crash by up to 50%” over the
next several years.
#9 Commercial bankruptcies are rising at the fastest pace since the last recession.
#10 Consumer bankruptcies are rising at the fastest pace
since the last recession.
#11 The student loan bubble is starting to burst.
It is being reported that 27 percent of all student loans are already in
default, and some analysts expect that number to go much higher.
And of course some areas of the country are being harder hit
than others.
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POLITICS
La seudo democ y sist duopolico es obsoleto por fraudulento y
corrupto. Urge cambiarlo
"I’m constantly amazed by the ability of
those in power to create a narrative trusted by a gullible non-critical
thinking populace. Appealing
to emotions, when you have millions of functionally illiterate, normalcy bias
ensnared, iGadget distracted, disciples
of the status quo, has been the game plan of the Deep State for the last
century... Americans don’t want to think, because
thinking is hard. "
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If this is how we are going to treat some of the most vulnerable
members of our society while things are still relatively stable, how are we going to
be treating one another when the economy completely collapses?
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"I think President Obama, like
many others in both parties, talk about a set of big national statistics that
look shiny and great but increasingly have giant blind spots. That GDP,
unemployment, no longer reflect the lived experiences of most Americans.
And the lived experiences of most Americans is that they are being left behind
in this economy. Worse than being left behind,
they’re getting kicked in the teeth."
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DEMOCRACY NOW
US politics crisis:
Trump captured by Deep state to reproduce old cronyism without alter-plan
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GLOBAL RESEARCH
Global Econ-Pol
crisis leads to more business-wars:
profiteers US-NATO under screen
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ZC ZCOMM.ORG/ https://zcomm.org/all-types/
Naomi Klein: “Fear City” How Trump Exploited the New York Debt Crisis
to Boost His Own Fortune
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Don Hazen: Biggest May Day Ever in U.S.? Los Angeles and New York lead the way
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Juan Cole: Stab in Back by EPA & NYT 200,000 climate protesters rallied in
Washington, D.C
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David Rosen Inequality:
Trump’s Challenge, Trump’s Failure?
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Patrick Cockburn 100
Days of Trump: Why We Should Fear Him More Than Ever
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Sheldon Richman Talk
to, Don’t Provoke, North Korea
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Pepe Escobar Why
There Will be no Russophobia Reset
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Paul C. Bermanzohn The
“New World” is Ancient
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SPUTNIK and RT SHOWS
The nasty business of
US-NATO-Global-wars uncovered .. pro RU view
Demonstrators Arrested, Violence Flares at May Day Rallies Across the US https://sputniknews.com/news/201705021053182877-demonstrators-arrested-violence-may-day/
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Venezuelan President Nicolas Maduro Signs Order Calling Constituent Assembly https://sputniknews.com/latam/201705021053183037-maduro-calls-constituent-assembly/
RELATED
Head of Venezuelan Parliament Calls on People to Rise Against President Maduro https://sputniknews.com/latam/201705021053182428-maduro-uprising-venezuela/
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China's Xinjiang Region to Use Drones to Enhance Border Security https://sputniknews.com/asia/201705021053183765-china-use-drones-border-security/
RELATED
China Ratifies SCO Border Defense Agreement SCO:Shanghai Cooperation Organization https://sputniknews.com/world/201704271053081425-china-sco-agreement/
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Ambitious Plans: Serbia Ramping Up Defense Production https://sputniknews.com/europe/201705011053162269-serbia-defense-production/
RELATED
'Logical Cooperation': Serbia to Join Russia-Led Defense Bloc in War Games https://sputniknews.com/europe/201704101052476823-russia-serbia-military-exercises-cooperation/
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FEEDING BIG CORP .. PRO WAR
US Awards $90Mln to Two Contractors for Aircraft Carrier Modernization https://sputniknews.com/military/201705021053183428-usa-awards-aircraft-modernization/
RELATED:
FEEDING THE VICTIMS of WAR
Russia Brings Humanitarian Aid to Syrians https://sputniknews.com/middleeast/201705021053183607-russia-syria-humanitarian-aiddelivery/
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RT SHOWS
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WASHINGTON BLOG
Flash points on US
politics: internal contradict.. Hugh Smith good articles reproduced
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NOTICIAS IN SPANISH
Latino America fight
to break with collapsing Empire: leftist
view on alternatives
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Y al parecer fue España el 1er país
del mundo en oficializar la jornada de 8 horas de trabajo
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Mujeres indígenas encabezan la
defensa del ambiente Tharanga
Yakupitiyage
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El Gramsci que conoció Mariátegui Fernanda Beigel
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Entrevista
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PRESS TV
Global situation
described by Iranian observers.. Titles often distorted by ISR-Mossad
‘Le
Pen presidency will kill EU’ that
is a good news
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Trump:
I’d be 'honored' to meet N Korea leader
Sarcasm .. or infant joke
N K would say .. not
talks if you don’t take out your Thaats missies
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