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Category Archive: 5) Global Macro

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Forget the Bogus Republican “Reform”: Here’s What Real Tax Reform Would Look Like

2017-11-16

by Charles Hugh Smith

2017-11-16

The point is to end the current system in which billionaires get all the privileges and financial benefits of owning assets in the U.S. but don't pay taxes that are proportional to the benefits they extract. As has been widely noted, the Republicans' proposed "tax reform" is not only just more BAU (business as usual, i.e. cut taxes for the wealthy), it's also not real reform. At best, it's just another iteration of D.C. policy tweaks packaged for...

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05-03-15 – MACRO ANALYTICS – Learning To Innovate – w/ Charles Hugh Smith

2017-11-16

by Charles Hugh Smith

Video Content Abstract at: LINK

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07-11-14 – Macro Analytics – The Sub-Prime Economy w/ Charles Hugh Smith

2017-11-15

by Charles Hugh Smith

Sub-Prime Economy.

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Brexit could end the age of “Cool Britannia” | The Economist

2017-11-15

by The Economist

Brexit is not only a concern for Britain’s economic future, it’s also threatening the country’s “street cred”: 2018 could mark the end of “Cool Britannia”. Click here to subscribe to The Economist on YouTube: http://econ.st/2zF0LIE Could 2018 be the year Britain loses its cool? By autumn, the complex Brexit negotiations should be drawing to a …

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The Fetid Swamp of Tax Reform

2017-11-15

by Charles Hugh Smith

2017-11-15

Average Benefits Received and Taxes Paid per Person

The likelihood that either party will ever drain the fetid swamp of corruption that is our tax code is zero, because it's far too profitable for politicos to operate their auction for tax favors. To understand the U.S. tax code and the endless charade of tax reform, we have to start with four distasteful realities: 1. Ours is not a representational democracy, it's a political auction in which wealth casts the votes that count.

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CHARLES HUGH SMITH – Collapse of the American Market 2018

2017-11-14

by Charles Hugh Smith

SUBSCRIBE for Latest on FINANCIAL CRISIS / OIL PRICE / PETROL / GLOBAL ECONOMIC COLLAPSE / AGENDA 21 / DOLLAR COLLAPSE / GOLD / SILVER / BITCOIN / ETHEREUM / LITECOIN / GLOBAL RESET / NEW WORLD ORDER / ECONOMIC COLLAPSE / DAVOS 2018

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Returning ISIS fighters: How should governments deal with them? | The Economist

2017-11-14

by The Economist

ISIS fighters are returning home to Europe. In Britain, half of the 850 citizens known to have joined ISIS have already come back. As France marks the two-year anniversary of the deadliest terrorist attack on its soil, governments have to decide what to do with returning foreign fighters. Click here to subscribe to The Economist …

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Where are Europe’s Fault Lines?

2017-11-14

by Charles Hugh Smith

2017-11-14

Beneath the surface of modern maps, numerous old fault lines still exist. A political earthquake or two might reveal the fractures for all to see. Correspondent Mark G. and I have long discussed the potential relevancy of old boundaries, alliances and structures in Europe's future alignments.Examples include the Holy Roman Empire and the Hanseatic League, among others.

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Consumer Credit Both Accelerating and Decelerating Toward The Same Thing

2017-11-14

by Jeffrey P. Snider

2017-11-14

Consumer Credit Monthly Flow, Jan 2012 - Jul 2017

Federal Reserve revisions to the Consumer Credit series have created some discontinuities in the data. Changes were applied cumulatively to December 2015 alone, rather than revising downward the whole data series prior to that month. The Fed therefore estimates $3.531 trillion in outstanding consumer credit (seasonally-adjusted) in November 2015, and then just $3.417 trillion the following month.

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MACRO ANALYTICS – 06 03 16 – Bull in the China Shop – w/Charles Hugh Smith

2017-11-14

by Charles Hugh Smith

ABSTRACT:

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03 09 15 – MACRO ANALYTICS – What The Trends Suggest – w/ Charles Hugh Smith

2017-11-14

by Charles Hugh Smith

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Emerging Markets: Week Ahead Preview

2017-11-13

by Win Thin

2017-11-13

EM FX closed the week on a soft note. For the week as a whole, best performers were MYR, PLN, and COP, while the worst were BRL, ZAR, and INR. US inflation and retail sales data will likely set the tone for EM. Also, the US fiscal debate is set to continue this week, so expect lots of choppy trading across many markets.

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MACRO ANALYTICS – 01 27 17 – The Great Rotation – w/Charles Hugh Smith

2017-11-13

by Charles Hugh Smith

ABSTRACT:

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Our Culture of Rape

2017-11-13

by Charles Hugh Smith

2017-11-13

These are the poisoned fruits of a neofeudal system in which power, wealth and political influence are concentrated in the apex of the wealth-power pyramid. Stripped of pretense, ours is a culture of rape. Apologists for the system that spawned this culture of rape claim that this violence is the work of a few scattered sociopaths. The apologists are wrong: The system generates a culture of rape.

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02 03 14 – Macro Analytics – THE RETAIL CRE DOMINO w/ Charles Hugh Smith

2017-11-12

by Charles Hugh Smith

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06-01-13 Macro Analytics Transitioning to INNOVATION Driven w/ Charles Hugh Smith

2017-11-12

by Charles Hugh Smith

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04 08 15 – MACRO ANALYTICS – Nature of Work – w/ Charles Hugh Smith

2017-11-12

by Charles Hugh Smith

Video Content Abstract at: LINK

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03-23-13-Macro Analytics – Market Clearing Event – Charles Hugh Smith

2017-11-12

by Charles Hugh Smith

QUESTIONS ON THE TABLE 1- How Large can Central Bank’s Balance Sheets actually get before too much is too much? 2- Is Public Debt Monetization A

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Aligning Politics To economics

2017-11-12

by Jeffrey P. Snider

2017-11-12

Real Final Sales to Domestic Purchasers, Jan 1983 - 2016

There is no argument that the New Deal of the 1930’s completely changed the political situation in America, including the fundamental relationship of the government to its people. The way it came about was entirely familiar, a sense from among a large (enough) portion of the general population that the paradigm of the time no longer worked. It was only for whichever political party that spoke honestly to that predicament to obtain long-term...

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