FINANCIAL ELITE UPSET WITH YELLEN P2 Possible effects

FINANCIAL ELITE UPSET WITH YELLEN P2 Possible effects

Yesterday I was not allowed to publish:

“Financial elite upset with Yellen”

All graphics & images were deleted from my Aug 26 journal.

CKECK now the context to explore how dangerous this is:

THE WORLD RECESSION CONTEXT:

Recession Odds Spike To 37%, JPM Calculates, Highest Yet For This Cycle

While not as dire as the recent analysis by Deutsche Bank, overnight JPM released its latest recession probability analysis, and - somewhat unexpectedly following the last two stellar job reports and a full court political press that the recovery has rarely been stronger going into the election - now sees a 37% chance of a recession in the next 12 months. This is the highest recession probability calculated by Jamie Dimon's bank during the current economic cycle, and matches the odds first laid out in early July.

RELATED:

What Went Wrong Yesterday

The answer to ‘How do you stimulate the economy when there are no more conventional rate or unconventional QE/forward guidance tools?’  [OR] ‘Broaden the set of assets that you can buy”. .. And while Congress may be unwilling when the unemployment rate is under 5%, they may be more willing at 7% if a recession is underway….and this means they can continue to do slow and unsteady hikes, based on the current framework.

[[ What an argument to justify status quo?: NOTHING TO BUY.. but a lot of weapons to sell:  this is an argument for self- destruction and humanity destruction: THE KEY ingredient for world revolution. Who will organize it?  Not one ..but many. When it will explode? .. anytime .. if wars cross the line. What will happen to current neoliberal oligarchies? .. if life remains, they will be killed too, if not by their security apparatus, .. by soldiers coming from wars .. or rebels cells from below. No way to escape from retaliation. ]]

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