A RECESSION THAT MAY NEVER COME AT ALL….A TALE OF THREE $ CZARS
CZAR # 1: JAMIE DIAMOND
As head of one of the largest financial institutions mankind has every created – Morgan CEO Jamie Diamond is the Money God to a lot of experts. He has joined a growing expert crowd to state that there is zero recession chance in 2019 2020 and 2021 as far as his teams can see. He has shared that his data shows consumer, wage growth, inflation, manufacturing all of it is so solid that near term Morgan and his dream team do not see any risk for a recession to worry anyone in the years coming to us next.
CZAR # 2: GREENSPAN
Greenspan the Fed Chairman who brought us the GREAT RECESSION and the largest bubble in mortgage space ever and the crash that almost gave us another depression. That disgraced Chairman suggests the boom will go on like Jamie Diamond has said but he see’s in 2022 and forward years the economics wane due to entitlements. Greenspan believe a giant one on one sucking sound is taking investment capita from US markets and will retard growth in out years. Just in.
CZARD # 3 – ME
Chairman of the worlds largest entrepreneur institution serving 150 nations of CEO’s for over 30 years. We believe if Pelosi Trump make history and pass infrastructure – we project jobs from that on going spending in private and government sectors will propel growth for the USA into 2030. Further we offset Greenspan almost 90 now as old economics out of touch with AI economics and obsolete in making policy as we saw from his errors into the SUPER CRASH he created in 2008. On aging and entitlements we see Congress dealing with this third rail of politics and fixing entitlements and we think it is almost upon us all. Further we think TRUMP ECONOMICS is bringing in more foreign investment and more repatriated trillions back home that – entitlements are affordable inside the growth taking place from the double whammy – infrastructure job and economic growth – entitlement repair from Congress – and massive investing into the USA due to forward TRUMP policies all of which are working.
Australia has not experienced one recession in the past 27 almost 28 years – 30 years no recession by policy? Recessionary contractions are not a given or inevitable they are driven mostly by central bank tampering within central bank manipulations and failed policy. Until central banks are merged into their state treasury departments central banks remain independent. This means the following:
- Central banks are private stock firms non government institutions with contracts with their nations to print money for the nation – and they are owned by the same banks they seek to regulate by state charter.
- The are not agencies of nations they are profit institutions profiting their memberbanks.
- Their loyalty is not to their host nation it is to their member shareholder banks to make maximum profits.
- Their 100% – 90 year – failed policy has caused all Super Crashes and world wars and depressions.
- They experienced being independent of nation – zero oversight or check and balance and non one can over rule or over turn Fed decisions – even when they are horrible and wrong.
Is this the way we wish to move into 2020?
Elect leaders who will merge your central banks back into their state treasuries keeping all their process but one. Never again shall that nation pay crazy insane interest cost to print money it once printed for free and will again post merger. The # 1 legal theft of the wealth of nations IS criminal bankers – controlling central banks – owning them – making monetary policy to enrich their banks at the cost of wealth transfer out of the nations they butcher economically.
MERGE CENTRAL BANKS (the FED ) back into the US TREASURY and you have zero recession – or say not.
It is a choice.
Berny Dohrmann – KEEPING THE TRUTH LIGHT LIT AND ON HIGH FOR OUR READERS THIS WEEKEND