ND
NOV 2 19 SIT EC y POL
ND denounce Global-neoliberal debacle y propone State-Social
+ Capit-compet in Eco
On Sunday,
November 3, those on Daylight Savings Time need to adjust their clocks. Does this make any sense?
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ZERO HEDGE ECONOMICS
Neoliberal globalization is over. Financiers know it, they
documented with graphics
Private “investors” gluttony
doesn’t stop. They create explosive ineq that W kill them
Q3
Berkshire's cash pile grew to a record $128 billion, pushing past the record
set in the second quarter, and surpassing once again both former cash king
Apple and the resurgent Google.
….
The worst: they believe they’re
Americans..to be at least must pay 50% taxes
See Chart:
Cash Horde
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El punto de
equilibrio entre la oferta y la demanda
(Pareto) hace tiempo lo rompieron los grandes monopolios y banqueros
cuando impusieron las leyes del private-greed..
The weaker the potential growth
of demand, the stronger the rationale for the Fed, central banks, and
federal governments to delay the inevitable...
….
La financializacion de la economia no
resuelve absolutamente nada. Solo los banqueros se benefician con los altos intereses
que cobran y eso solo trajo deflación:
lo que se paga a ellos impide el gasto en bienes y servicios. Debt deflation leads to defaults & foreclosures,
while bond holders & Bankers get bailouts at Gvot expense” (MH:p.29). El monetarismo
(fabricar dollars from the thin air) agrava aún más la public debt y eso acelera
la caída del dollar en el Mercado internacional. La crisis actual jamás la podrán
resolver quienes la crearon. La enfermedad
del sistema no se cura con los medios que la crearon, lo dijo un ultra
liberal como F Hayek. El sistema neoliberal ha llegado a su final y hay que remplazarlo con
el socialismo. The public need
has to be empowered and the private greed depowered.
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Prepare for the coming wealth
transfer...
2,000 years ago, in Plutarch’s time, it was already ‘old
wisdom’ that unhealthy wealth imbalances ended badly for society:
See Chart:
Money vs Real Wealth
I happen to know a good deal about
our current system of money; how it is created, how it functions, its benefits
and its darker aspects. I find it critical to remember that it isn’t actually
“real”. Rather, it is a concept. Specifically, it’s a social
contract. An agreement. Albeit one enforced at the end of a gun – or, as
seen here, an eviction sheriff enforcing the local tax codes: Open the source below
So while money isn’t “real” in
itself, we value it because it is a claim on real things.
Having a lot of it currently
entitles you to a great deal of privileges and power, which are a direct
outcome of the spending of that money.
Money can be converted into houses.
And cars. And massages. Also groceries, electricity, cell phone services and
prescription drugs. These and ten billion other things are what money allows
you to buy — the things you actually need or want.
So money is the means, but it is not
the real wealth. ‘Real wealth’ is the things that money enables you to
acquire.
The Three Types Of
Wealth
Going further, we can break real wealth into two discrete
forms. PRIMARY WEALTH is the wealth of the land and its functioning
ecosystems. It is clear air, fresh water, thick ore bodies, and rich
soils: See Graphic in the Source
below
SECONDARY WEALTH is a finished
form produced from raw materials. It is primary wealth brought to
market. It is fresh produce on the grocery shelf, cut lumber (or even a
fully-constructed building), and rolled steel in giant coils: See Graphic in the
Source below
TERTIARY
WEALTH, on the other hand, is not actually
“real”. But most people mistake it as a comprehensive representation of
“wealth”.
Similar to money, tertiary wealth
is merely a claim on primary and/or secondary wealth. A share of General
Electic a stock-based claim on the company’s means of production.
And debt (and bonds) is a future
claim on money. And money, as we know, is a claim on real things.
IT’S ALL
ABOUT THE AMOUNT OF CLAIMS
Why is it relevant to parse these distinctions so carefully?
Because
there has to be a balance between the claims and the wealth.
Too many claims and we call
that INFLATION. Each individual claim is reduced and diluted
by every additional new claim brought into being. Beyond a certain amount, each
claim becomes increasingly worthless.
DEFLATION is when there’s overproduction, or too much
‘real stuff’ relative to money. Prices fall,
which is a perilous condition for a debt-based money system. There needs
to be ever more money to pay off both the principal and interest components of
past loans, or else defaults start cascading through the system.
THE WEALTH
TRANSFER
With the near-inevitability of MMT (a.k.a “free money for
everybody”) the wealth transfer will kick into a higher and more obvious gear
when MMT arrives (as
Charles Hugh Smith brilliantly summarized for us recently).
The basic problem is that money is
not real wealth. But newly printed money has real purchasing
power. What happens when purchasing power is increased but more real
wealth is not auto-magically created at the same time?
Easy: the claims on real
stuff become diluted. Every unit of money in circulation has a tiny fragment of
purchasing power removed from it when a new unit of purchasing power is created
‘out of nothing.’
With trillions upon trillions in circulation, nobody really
notices. Again, that’s both the point and by design.
For the US, this chart explains
what’s coming in grotesque detail:
See Chart:
FRED: Gross Domestic Product vs. All sectors debt security & loans
This is the total debts of the US, which represent future
claims on money — which, remember, itself is a future claim on real wealth.
GDP represents, imperfectly, the
‘real stuff’ in this story. As you can plainly see, the claims
(red line) are compunding at a far faster pace than GDP (blue line).
It gets even worse — far, far
worse — when we include America’s unfunded liabilities into the mix,
seen here expressed as a percentage of GDP:
See Chart:
THERE ARE TOO MANY PROMISES THAT
CAN’T BE KEPT
What possible ways are there to
resolve that chart with people’s expectations, hopes and dreams?
Well, we could grow GDP really, really fast
for a very long time. Like 75 or even 100 more years.
By which point the US economy alone will be 5x larger than
the entire global economy currently is. Now remember that already the
Earth is screaming “enough!” We can only imagine
what happens if the US alone becomes 5x larger than today’s entire world
economy…
TIME IS RUNNING OUT
The end of money approaches.
To quote the famous Austrian economist Ludwig Von Mises:
“There is
no means of avoiding the final collapse of a boom brought about by credit
expansion.
The
alternative is only whether the crisis should come sooner as the result of a
voluntary abandonment of further credit expansion, or later as a final and
total catastrophe of the currency system involved.”
How many people reading this think that given the choice
between dealing with unpleasant consequences now vs. printing
up more money (via MMT, more QE, etc.) and facing the music at a later date
that there’s even any contest at all?
Further you will know that the
beneficiaries of that wealth transfer will almost certainly be – surprise! –
the banks and other financial elites that the Fed has so carefully enabled and
protected. The winners have been pre-selected, as have the losers.
The danger in that, of course, is if
the financial elites haven’t thought their cunning plan all the way
through. They may not like what follows next as an enraged populace
finally wakes up to the enormous fraud that has been perpetrated upon it.
We shall see.
More and more people in the US and
in other countries are waking up to the ways in which the financial and
political elites have gamed and rigged the system in their favor. Angry
protestors are increasingly taking to the streets to voice their displeasure.
We predict more of
that. A lot more In Part 2: Time Is
Growing Scarce
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Every day the official press said that Cryptos a down.. Now.. it predict our collapse
...today’s technocrats are
hungry for a new fascist solution to the problem of sovereign nation states...We
know what almost happened in Germany when the last project funded by the Bank
of England failed in 1945...
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
Shamelessness ! All Reps
will be blame when Trump start WW3..they W be burned in their own inferno. Only the current impeachment will save them +
the ugly monster T
...the “greatest danger”
that the decision to move forward with impeachment will “be regulated more by the comparative strength of
parties than the real demonstrations of innocence or guilt.”
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Only Democratic socialism will save Amer from both pests
(Dems & Rep) of our time
"The
speaker’s concerns reflect those of many Democratic leaders and donors who
believe that left-wing policies will
alienate swing voters and lead to defeat."
….
Which party is more corrupted than
the other?. They act as one party when
war is at stake. They are accomplices of the worst human crime: Promote Govt expending in weapons & wars
worldwide. They are not only wasting US money… they are killing millennial + next
generat taked out from the market
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GOLDMAN is doing too
much damage to USA … soon they will be put
in a trash can
Here is what they should know.
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Deepfakes paranoia is the dumbest
worry in the world..
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... the chaotic explosion in quotes was caused by a standoff between two firms whose algorithms entered a loop,
racing each other to be the market’s biggest player...
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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
"While
the first wave of globalisation ground to a halt during World War One, it was
definitively ended by the protectionism of the 1930s"
See Chart:
World Export of good & services
(As % of GDP)
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The agreement signed between Russia and Turkey for a new security plan
in northeast Syria was certainly historic and a much welcome potential path towards stability and peace... See MAP
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"Since discovery of oil in the Mid-East, many in the region said:
the U.S. is only here to steal our oil. U.S. denied it, and claimed it's about democracy, human rights,
women etc."
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En realidad
T es una bestia como Potus: Quiero tu oil, fue lo que dijo Trump y aceptar esa
verdad no es ningún homenaje a él, al contrario, lo pinta tal cual es: una
bestia el ladron de petroleo ajeno.
“All
American presidents commit crimes and end up taking the Nobel Prize and appear
as a defender of human rights... Trump
speaks with the transparency to say ‘We want your oil’.”
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"Americans ‘eliminated’ someone for whose emergence they themselves were responsible..."
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO
..Focus on neoliberal expansion via wars & danger of WW3
- Prince Charles Sends Back £105m Monet,
Picasso and Dali Paintings After Counterfeit Art Scandal El escandalo es que esos hijos d P .. se apropien de bienes de la Humanidad
- Judge
Rules Against Trump's Requirement for Possible Immigrants to Have Health
Insurance
Con el meñique quiere tapar el golpe del puño. Un dedo para tapar
luz solar?
-A puerta cerrada la corrupción
no cuenta Pelosi
Says House’s Closed-Door Witnesses Hearings Will Continue as Long as They Are
‘Productive’ y quiza el negociado es suculento.
- Trump
Says Could Invite Ukrainian President to White House, Vows to Release More Info
on Vidman La verdad no creo que le
importe.. ademas J-Assange es
la verdad y Trump debio pedir su liberación
y no lo hizo. Quiere otra vez cubrir la luz del sol con 1 dedo?
- Russian Mishina and Galyamov Win
Pairs Figure Skating Gold at Gran Prix Stage in Grenoble El arte de volar sobre el hielo, solo las rusas lo dominan y bien
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes &
terrorist imperial chaos
RT EN ESPAÑOL
- Piñera da marcha atrás con la rebaja de impuestos que beneficiaba a los más ricos
- López Obrador asegura que en México no puede haber un golpe de Estado
- 23 muertos y 1.300 heridos: ¿Siguen los carabineros el protocolo durante las protestas en Chile? (INFOGRAFÍA)
- La política chilena: "Llevar al país a la quiebra, sangrar a la clase media y recompensar a la cleptocracia"
- Descubren un lugar en la Tierra donde es imposible que la vida prospere
- Un muro con 'agujeros': Contrabandistas en México usan sierras para cortar la nueva barrera fronteriza de Trump
- "Suena como algo inventado por Trump": Ponen en duda que Al Baghdadi "llorara y gritara" antes de morir Inventos de Trump: idioteces que dan risa
- Recrean en LAB la detonación del Big Bang (cuando investigaban otra cosa)
- El P T de Brasil agradece a Cuba el apoyo a Lula da Silva
- Keiser Report La política chilena: "Lleva el país a la quiebra, sangra a la clase media y recompensa a la cleptocracia"
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GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that leads to more
business-wars from US-NATO allies
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PRESS TV
Resume of Global News described by Iranian observers..
FASCISM
in AMERICA STOP IT El fascism en America lo cerró
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