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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Friday, August 21, 2020

GCSE, A Level Results Grades HYPERINFLATION - Are 2020 Certificates Worthless? / Politics / Education

By: N_Walayat

The UK government has been busy printing money (debt) that the Bank of England has been dutifully monetizing (QE) so as to keep interest rates artificially low, near zero, the consequence of which is inflating consumer and asset prices, REAL inflation not the bogus inflation as measured by the highly manipulated CPI inflation index. You'll see money printing inflation consequences manifest themselves in house prices, stock prices and of course your weekly supermarket shops.

However, the Government is not done there with it's printing binge as this years GCSE results illustrate. There was a time when statisticians would warn of grade inflation as each year it became easier than the year before to get those pass rates and top grades usually by a couple of percent. However, THIS year we have not had grade inflation instead we have had Grade HYPERINFLATION! A 25% jump in the 7-9 grades given as the government buckled to those who never even sat the exams and let the teachers print the grades for their students as my following video illustrates has dire consequences for all those who hold 2020 certificates that are not as valuable as the grades suggest them to be just as the money in your pocket is not as valuable after the government printed £500 billion to pay for covid-19 handouts.

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Politics

Wednesday, August 19, 2020

The Tragedy of More Missed COVID-19 Opportunities  / Politics / Coronavirus Depression

By: Dan_Steinbock

According to a new report, US states are the most virus-affected relative to major economies. As COVID-19 has proceeded in two phases, containment failures in the West continue to fuel the pandemic and economic damage.

In April, my first COVID-19 report focused on the progression of the pandemic from China to Western Europe and the United States, and the belated mobilization and containment failure in Washington and Brussels.

My new report The Tragedy of More Missed Opportunities , which is also released by Shanghai Institutes for International Studies [with Chinese introduction], focuses on the new missedCOVID-19 opportunities and the consequent human costs and economic damage in the largest world economies, particularly in emerging and developing countries.

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Politics

Tuesday, August 18, 2020

From Trump’s TikTok Mess to Technology War against China / Politics / China US Conflict

By: Dan_Steinbock

As the US economy is expanding trade wars, which will derail global recovery, the Trump White House is targeting Chinese innovators thus fostering US national champions under the pretext of ‘national security.                    

In the early 2010s, an aspiring Chinese internet entrepreneur Zhang Yiming launched ByteDance, while developing a video sharing platform. After success in China, he began to internationalize TikTok.

To avoid conflict in national jurisdictions, Zhang had TikTok and its Chinese version Douying run on separate servers. TikTok's data collection is similar to that of major US social media and certainly less intrusive than Facebook’s.

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Politics

Sunday, August 09, 2020

Coronavirus: UK Parents Demand ALL Schools OPEN September, 7 Million Children Abandoned by Teachers / Politics / Educating Children

By: N_Walayat

Britain's Schools have betrayed Britain's children and students after having embraced all the governments lockdown and then refused to reopen schools in June as demanded by Boris Johnson's government with noise eminat6ing from the highly unionised cowardly bunch that they are eager to continue their 6 month holiday during September in response to which Boris Johnson issued a statement “Keeping our schools closed a moment longer than absolutely necessary is socially intolerable, economically unsustainable and morally indefensible,”

Whilst the whole of the NHS stood up and did their duty, teachers in large part have been found cowering at home with a glass of cheap white wine, hiding behind their union, finding any excuse to stay out of the classroom, all whilst collecting full pay. Shameful.

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Politics

Wednesday, August 05, 2020

ARE YOU LOVING YOUR SERVITUDE? / Politics / Coronavirus Depression

By: James_Quinn

“A really efficient totalitarian state would be one in which the all-powerful executive of political bosses and their army of managers control a population of slaves who do not have to be coerced, because they love their servitude.”Aldous Huxley, Brave New World

“Every record has been destroyed or falsified, every book rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered. And the process is continuing day by day and minute by minute. History has stopped. Nothing exists except an endless present in which the Party is always right.”George Orwell, 1984

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Politics

Tuesday, August 04, 2020

The Dimensions of Covid-19: The Hong Kong Flu Redux / Politics / Pandemic

By: Stephen_Merrill

Is the Covid-19 global breakout a deadly pandemic calling for the most extreme measures to avoid a far greater catastrophe?

Or is the dimension of Covid-19 far, far less than stated by the Western media and officialdom?

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Politics

Tuesday, August 04, 2020

UK Government to Cancel Christmas - Crazy Covid Eid 2020! / Politics / Pandemic

By: Anika_Walayat

Apparenrtly for many British muslims Eid was cancelled due to the governments incompetent handling of the chinese virus that has seen over 65,000 deaths instead of less than 500 as there should have been if the UK had followed the South Korea model.

So ee are living in crazy times when a government minister can shut down whole areas of the nation by tweet, as was the case ahead of the Eid festivities across the Manchester area of the UK totaling some 4 million people which is a population about the size of Scotland!

So what does one do during crazy times for Eid? Have a crazy Eid slime party!

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Politics

Tuesday, August 04, 2020

Covid-19 Exposes NHS Institutional Racism Against Black and Asian Staff and Patients / Politics / NHS

By: N_Walayat

Why are black and asians more than twice as likely to die from covid-19 than white patients?

Answer the NHS like much of British society is institutionally racist. This IS the routine experience of staff and patients.

Therefore blacks and asians are warned to avoid NHS Hospitals due to institutional racism, where white staff are more likely to call the police on patients than to treat them as this report by Channel 4 news illustrates where staff call the police to drag an asian father away from his dying 6 year old daughters death bed.

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Politics

Saturday, August 01, 2020

Will America Accept the World's Worst Pandemic Response Government? / Politics / Pandemic

By: Patrick_Watson

Even in normal times, the news describes murders, accidents, wars, natural disasters, and the passing of once-famous celebrities.

Those deaths are usually just headlines. We don’t know the people, and we don’t expect to share their fate anytime soon. We note them and move on.

Ignoring the death news isn’t so easy in a pandemic that could sicken and possibly kill any of us, at any time. Yet people manage to do it. Some think it’s all exaggerated or fake. But even those who see the threat often tune out the news. They’d rather not think about it—and understandably so.

The virus doesn’t care what people think. It will, if given opportunity, try to infect them. A small percentage of those infected will die. Will others care?

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Politics

Wednesday, July 29, 2020

UK Supermarket Covid-19 Shop - Few Masks, Lack of Social Distancing (Tesco) / Politics / Shopping

By: N_Walayat

Anika's first supermarket shop in 4 months due to Covid-19. We're all masked up but most shoppers have still not got the message! And in Another sign that the UK is fast relaxing it's covid-19 infection spread mitigation measures is supermarkets such as Tesco scrapping their one way shop arrow systems. Whilst it remains to be seen if the country is sleep walking towards another second more deadly pandemic peak in a few months time. Nevertheless Tesco and other supermarkets cannot be blamed for taking such actions because most shoppers had already abandoned following the rules many weeks ago, especially following revelations that government ministers and advisors themselves had failed to follow social distancing rules such as Dominick Cummings all without any consequences.

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Politics

Monday, July 27, 2020

Why College Is Never Coming Back / Politics / Education

By: Stephen_McBride

Here’s some great news: one of America’s most broken industries is finally being exposed as a sham. And make no mistake, the end of college as we know it is a great thing.

It’s great for families, who’ll save money and take on less debt putting kids through school. It’s great for kids, who’ll no longer be lured into the socialist indoctrination centers that many American campuses have become. And as I’ll show you, it’s great for investors, who stand to make a killing on the companies that’ll disrupt college for good.

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Politics

Monday, July 20, 2020

Will Coronavirus Vaccines Become a Bridge to Nowhere? / Politics / Pandemic

By: Michael_Pento

The monthly U.S. budget deficit for June 2020 was a heart-stopping record $864 billion. For reference, last year's deficit for all of fiscal 2019 was just under $1 trillion. In other words, the June deficit was almost as much as the entire amount of red ink spilled one year ago. This year will see the worst annual amount of fiscal hemorrhaging ever—and by a whole lot. The figure will be at least $4 trillion in total, which is $2.6 trillion more than the peak suffered under the Great Recession. One has to imagine that with the Department of Labor reporting, there are now 32 million people collecting unemployment insurance as of June 27th--the amount of additional debt continues to pile up fast.

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Politics

Saturday, July 18, 2020

Tesco Scraps Covid Safe One Way Arrow Supermarket Shopping System / Politics / Pandemic

By: N_Walayat

Another sign that the UK is fast relaxing it's covid-19 infection spread mitigation measures is supermarkets such as Tesco scrapping their one way shop arrow systems. Whilst it remains to be seen if the country is sleep walking towards another second more deadly pandemic peak in a few months time. Nevertheless Tesco and other supermarkets cannot be blamed for taking such actions because most shoppers had already abandoned following the rules many weeks ago, especially following revelations that government ministers and advisors themselves had failed to follow social distancing rules such as Dominick Cummings all without any consequences.

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Politics

Friday, July 17, 2020

In Weaponizing the Dollar Trump’s Lieutenants Flunk Finance 101 / Politics / US Dollar

By: Steve_H_Hanke

In a scoop, Bloomberg reported last week that Secretary of State Mike Pompeo and some of President Trump’s top lieutenants are considering fully weaponizing the U.S. dollar to undermine Hong Kong’s financial system. The idea has been hatched to punish China for its recent aggressions in Hong Kong.

Just what does the weaponization of the greenback entail? The U.S. dollar is the international currency. It is the major reserve currency held by central banks, the most prominent currency used to denominate debt, and the unit of account for invoicing goods and services in international trade. The dollar’s stable value means that it is used widely for both international payment and interbank transactions, as well as for official intervention in foreign-exchange markets. In short, the dollar is entrenched at the center of the international financial system. This gives the United States an “exorbitant privilege,” as the Frenchman Valéry Giscard d’ Estaing pointedly put it. For the U.S., the benefits are incalculable.

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Politics

Friday, July 10, 2020

Prepare for the global impact of US COVID-19 resurgence / Politics / Pandemic

By: Dan_Steinbock

Recently, the US has suffered a series of COVID-19 surges. The escalation won’t stay in America. It is likely to cause collateral damage worldwide. 

In early June, U.S. states began to exit from the lockdown measures, even though the epidemic curve had not been adequately flattened. On July 4th, the White House sought for a “return to normal” with a celebration at Mount Rushmore, where President Trump, who has recently associated himself with far-right “white power” extremists, gave a bizarre speech warning about a “new far-left fascism.”

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Politics

Wednesday, July 08, 2020

Coronavirus Pandemic UK and US Second Waves, and the Influenza Doomsday Scenario / Politics / Pandemic

By: Nadeem_Walayat

Three weeks ago I warned to expect an end to the trends of reducing number of deaths from covid 19 in the wake of black lives matters protests, lack of social instancing and winding down of lockdown's across the US and UK, where the only figure that actually counts in terms of the impact of the virus is in the number of deaths.

Whilst my analysis of Mid March warned to expect several pandemic waves where each subsequent wave 'should' be smaller than the one before due to increased institutional, governmental and individual intelligence on combating the virus..

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Politics

Friday, July 03, 2020

How the Fed Gets Away With Ripping Off Ordinary Americans / Politics / US Federal Reserve Bank

By: MoneyMetals

The Federal Reserve has printed trillions of dollars without generating runaway price inflation through the use of a neat trick.

The privately owned bank cartel shovels the bulk of the money to Wall Street banks and not to the public at large. Instead of millions of Americans rushing out to bid up prices on consumer goods, a relative handful of bankers is using the free money to bid up asset prices and then pay themselves huge performance bonuses.

It’s quite the racket. Fed officials have been able to point at stock prices as “proof” of how they successfully engineered an economic recovery.

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Politics

Thursday, July 02, 2020

US Fourth Turning Reaches Boiling Point as America Bends its Knee / Politics / US Politics

By: James_Quinn

Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.”H.L. Mencken

After writing a particularly depressing article where I come to a logical conclusion, based upon the factual evidence of all previous Fourth Turnings, I always wonder whether I’m being too pessimistic and peddling doom, like many of the clickbait websites. The conclusions I reached at the end of my last two articles were particularly gloomy and made me wonder whether I was going too far. I thought maybe I was too pessimistic and my predictions of civil chaos and global disorder were overblown.

“A failure to meet the challenges ahead with bravery, grit, good judgement, adherence to our Constitutional principles, and a fair amount of luck, could lead to a defeat from which we will never recover. No one knows how and when the climax of this Crisis will play out, but the acceleration towards our rendezvous with destiny is in motion.” – Fourth Turning Accelerating Towards Climax – May 10

It just so happened I published my last article on May 24, predicting a 2nd Civil War. I figured we might have a couple years to prepare, as there is likely five to ten years  before this Fourth Turning reaches a climax. Little did I know a black man with a long criminal background, high on fentanyl and resisting arrest in Minneapolis, would be killed by a white police thug named Derek Chauvin, who had seventeen complaints against him over his illustrious career, on the day after my article was posted. Oddly, it seems this murder will be our Fort Sumter/Pearl Harbor of this Fourth Turning.

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Politics

Thursday, July 02, 2020

Roosevelt 2.0 and ‘here, hold my beer' / Politics / US Politics

By: Richard_Mills

In accepting the Democratic nomination for the presidency on July 2, 1932, President Franklin D. Roosevelt spoke of a “new deal for the American people” who had been ravaged by the Great Depression. 

After winning the 1932 election by a landslide, FDR, as he came to be known during World War II, took immediate action to bring about economic relief to the unemployed through public works programs, and to undertake reforms in industry, agriculture, finance, hydroelectric power, labor and housing. 

Roosevelt’s New Deal, which lasted from 1933-39, also vastly increased the scope of the federal government in the economy. 

Agencies such as the Works Progress Administration and the Civilian Conservation Corps were established to provide short-term aid, as well as temporary jobs, employment on construction projects, and youth work in national forests. 

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Politics

Wednesday, July 01, 2020

Politicians Prepare New Money Drops as US Dollar Weakens / Politics / Government Spending

By: MoneyMetals

The gold and silver market rallied earlier this week to record slight new multi-year highs before giving back some of those gains late Wednesday and into Friday morning. 

Concerns about rising COVID-19 infections weighed on industrial commodities and stocks.  New York and Texas announced they would suspend further reopening plans, while a spike in cases in Arizona raised alarms among public health officials. 

However, other data shows that death rates continue to decline – evidence that the novel coronavirus is far less lethal than previously thought. And the rebound in infections is coming primarily from the ongoing increase in testing and reporting.

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