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Economist Cover: "Watch Out"

Tyler Durden's picture




 

One of the recurring explanations given why the Fed is eager to hike rates is so it has some dry powder ahead of the next recession which, some 6 years after the last one ended is overdue (especially with a negative GDP Q1).  Which, incidentally, is just the topic of the next Economist cover titled simply "Watch out" adding that the world is not ready for the next recession...

There is, of course, the question of just how much dry powder does a 25 bps increase in the Fed Funds rate provide, especially considering that Europe tried precisely that in the summer of 2011 only to unleash a crippling recession on the continent that required yet another Fed bailout in November 2011.

 

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Thu, 06/11/2015 - 12:05 | 6186585 Sorry_about_Dresden
Sorry_about_Dresden's picture

The Economist is a Rothschild publication isn't it?

Thu, 06/11/2015 - 12:32 | 6186686 JR
JR's picture

The Economist is a mouthpiece for the international bankers, propaganda for their worldwide conspiracy to convert all governments to world socialism and to consolidate all wealth and power in their hands. IE: Globalization!

The Economist |Wikipedia

The publication belongs to The Economist Group, half of which is owned by Pearson PLC via the Financial Times. A group of independent shareholders, including many members of the staff and the Rothschild banking family of England,[8] owns the rest. A board of trustees formally appoints the editor, who cannot be removed without its permission. Although The Economist has a global emphasis and scope, about two-thirds of the 75 staff journalists are based in London.[9] As of March 2014, the Economist Group declared operating profit of £59m.[10]

The Economist claims that it "is not a chronicle of economics".[11] Rather, it aims "to take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress".[12] It takes an editorial stance of classical and economic liberalism which is supportive of free trade, globalisation, free immigration and cultural liberalism (such as supporting legal recognition for same-sex marriage)….It targets highly educated readers and claims an audience containing many influential executives and policy-makers.[14] The newspaper's CEO described this recent global change, which was first noticed in the 1990s and accelerated in the beginning of the 21st century, as a "new age of Mass Intelligence".[15][16]

http://en.wikipedia.org/wiki/The_Economist

"Watch Out."

Thu, 06/11/2015 - 12:11 | 6186610 jomama
jomama's picture

That Rothschild rag hasn't been worth any attention for well over a decade.

Thu, 06/11/2015 - 12:26 | 6186654 Hannibal
Hannibal's picture
The Flat Earth & who sees the sun?

https://www.youtube.com/watch?v=MH1XotarAXU

Greek Court Suspends Gravity June 11, 2015 | Author       Take that, Einstein!

As is well known, we all labor under the irresistible force of gravity ever since Einstein heedlessly invented the stuff. Attempts to outlaw it have thus far failed to our knowledge, but maybe it’s just a matter of perseverance.

Thu, 06/11/2015 - 12:37 | 6186702 ak_khanna
ak_khanna's picture

The FED and the government works only for the interests of the banks. The rest of the population or their problems are not in their priority list. Their sole reason of existence is to enrich their sponsors and themselves.

 http://www.marketoracle.co.uk/Article40231.html

Thu, 06/11/2015 - 12:52 | 6186790 JR
JR's picture

"All the money being printed by Central Bankers around the world is not causing inflation because it is not reaching the masses in the form of growth in the economy or loans to businesses. The money printed is sitting in the banks and is being either used to speculate in the commodity, currency and equity markets or being used to fund previously incurred losses."

Amen!

Funny how all that money created inflation in the commodity and equity markets and oligarch bank accounts and deflated all that money in America's savings, pension funds and take-home pay.

Thu, 06/11/2015 - 13:10 | 6186877 LawsofPhysics
LawsofPhysics's picture

Another sucker that thinks deflation is real.  The cost, in fiat, of everything required to maintain a high standard of living is experiencing massive inflation.

Thu, 06/11/2015 - 12:48 | 6186771 PGR88
PGR88's picture

The Economist is a statist, Keynesian rag

Blind-cat, dead mouse

Thu, 06/11/2015 - 13:14 | 6186889 I Write Code
I Write Code's picture

Don't turn around, oh oh oh
Der Kommissar's in town, ho ho ho
 You're in his eye
 And you'll know why
 The more you live
 The faster you will die

Silly magazine!  There ist no more recessions, ja?  Unless ve vant won.

Thu, 06/11/2015 - 15:49 | 6187487 Catalonia
Catalonia's picture

They are aiming for a "controlled" collapsed

Thu, 06/11/2015 - 19:52 | 6188390 Bazza McKenzie
Bazza McKenzie's picture

Ain't no such thing as a "controlled" collapse of a house of cards - whatever they might think.

Thu, 06/11/2015 - 17:53 | 6188020 prymythirdeye
prymythirdeye's picture

Says Sir Douche de Rothschild

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