Mês: agosto 2019

SI

Situação Internacional   João da Silveira     Seg. 5 ÍNDEX DA PERDIÇÃO :  DOOM INDEX UPDATE : “A Recessão Surge” (Joe Withrow)….   YUAN x DÓLAR :  MOEDAS GLOBAIS EM GUERRA : A estratégia neoconservadora de Donald Trump é que está manipulando o Yuan (Dr. Jack Rasmus)….   NICOLÁS MADURO :  “John Bolton tentou me assassinar” : (Max Blumenthal, entrevista)….   VENEZUELA : MICHELLE BACHELET OMITE AS ATROCIDADES DA OPOSIÇÃO : (Carla Stea)….   JAMMU AND KASHMIR :  ÍNDIA VAI SE ARREPENDER DA ANEXAÇÃO : (Moon of Alabama)….   Ter. 6 BOLSONARO E TRUMP :  NICOLÁS MADURO : Da Newsletter da Folha: “Destaco hoje reportagem exclusiva de Talita Fernandes revelando que o presidente Jair Bolsonaro deixou de lado sua postura de alinhamento a Donald Trump ao descartar a consulta do mandatário americano sobre apoio brasileiro a eventual ação militar na Venezuela. Em sua principal reunião bilateral durante a cúpula do G20, no Japão, Bolsonaro disse a Trump que era preciso pensar no dia seguinte e afirmou que o Brasil não pode adotar essa linha na América do Sul. No encontro reservado, Bolsonaro se afastou da idolatria manifestada publicamente ao americano e adotou postura pragmática. A Folha reconstituiu o diálogo entre os líderes com pessoas presentes no encontro.” (Leando Colon)….   GUERRA COMERCIAL : NOVO SISTEMA MUNDIAL : (Alex Christoforou with Alexander Mercouris, vídeo)…  O IMPÉRIO CONTRA-ATACA [E SE DÁ MAL] : (David P. Goldman)….   Qua. 7 USAMÉRICA : O QUE SE PASSA EM EL PASO...

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The Global Currency War Has Begun

China’s Yuan Breaks the 7 to $1 Band. Why is The Dollar Rising?   Dr. Jack Rasmus Aug. 5, 2019   Over this weekend, China’s Yuan currency broke out of its band and devalued to more than 7 to $1. At the same time China announced it would not purchase more US agricultural goods. The Trump-US Neocon trade strategy has just imploded. As this writer has been predicting, the threshold has now been passed, from a tariff-trade war to a broader economic war between the US and China where other tactics and measures are now being implemented.   Trump will no doubt declare that China is manipulating its currency   A devaluation of the Yuan has the effect of negating Trump tariffs imposed on China. But China isn’t manipulating its currency. Manipulation is defined as entering global money markets to buy and/or sell one’s currency in exchange for dollars (the global trading currency) in order to influence the price (exchange rate) of one’s currency in relation to the dollar. But China is not doing that, so it’s not manipulating. What’s happening is the US dollar is rising in value (or expected to) and that rise in effect lowers the value of the Yuan. The same is happening to other currencies as well,as the dollar rises. Why is the dollar then rising? There’s a global stampede to safety and that...

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US Empire

The Western Alliance Is Falling Apart   Peter Koenig Aug. 2, 2019   Ever since Imran Khan became the 22nd Prime Minister of Pakistan in August 2018, the winds have changed. While his predecessors, though generally leaning eastwards, have often wavered between the US and the China orbit, Khan is in the process of clearly defining his alliances with the east, in particular China. This is for the good of his country, for the good of the Middle East, and eventually for the good of the world. A few days ago, RT reported that China, in addition to the expansion of the new port in Gwadar, Balochistan, has entered agreements with Pakistan to build a military/air base in Pakistan, a new Chinese city for some half a million people, as well as several road and railway improvement projects, including a highway connecting the cities of Karachi and Lahore, reconstruction of the Karakoram Highway, linking Hasan Abdal to the Chinese border, as well as upgrading the Karachi-Peshwar main railway to be completed by the end of 2019, for trains to travel up to 160km / hour. This rehabilitation of dilapidated Pakistani transportation infrastructure is not only expected to contribute between 2% and 3% of Pakistan’s future GDP, but it offers also another outlet for Iranian gas / hydrocarbons, other than through the Strait of Hurmuz – for example, by rail to the...

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Doom Index Update

Recession Looms   Joe Withrow Aug. 5, 2019   The Doom Index came back with an 8 reading again this quarter. That means the Crash Flag we raised back in April will continue to fly overhead… a little more tattered and frayed for its work. Now, this doesn’t mean we will see a market crash tomorrow. Or next week. Or even next month. That’s because nobody can perfectly time tops and bottoms… Not even our vaunted Doom Index. As the old Austrian economist Friedrich Hayek demonstrated way back in 1945, information is dispersed throughout society. What any single entity knows is only a small fraction of the sum of knowledge all members of society hold. That’s why no single person or institution can have all the answers. We built the Doom Index to monitor the financial and economic indicators that give us an early warning of trouble ahead. We designed it to tell us when conditions are ripe for a crash. And we based it on backtests going back to the late 1990s. And now, the Doom Index says conditions are ripe. The numbers now show a clear slowdown in the economy. Let’s take a closer look at some of the data coming back… Manufacturing Slows As regular readers know, we put a lot of stock in the ISM Manufacturing Index. The Institute for Supply Management (ISM) is a...

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