When it boils down to one recession cycle

 JPMorgan Chase CEO Jamie Dimon warned on Tuesday that a recession is on the horizon thanks to the continuing trade tensions with China.“Of course there’s a recession ahead,” Dimon said during a morning call with reporters after the bank announced its third-quarter earnings.

“It does look like geopolitics, particularly around China and trade, are reducing business confidence and business capital expenditure,” Dimon added.
On Tuesday afternoon, however, JPMorgan Chase spokesman Joe Evangelisti sought to downplay Dimon’s comments, noting that his boss didn’t mention the timing of his prediction.

Blue bars mostly repeat, for a finite time until something more long term noticeably alters the pattern.  We may do the doldrums for quite some time as the alternative frightens. Then the question becomes, how much of a fair trade on past losses can be had? Or, the likelihood of a low volatility MMT. Will folks freak on generation overlap, can we all figure out the small state problem? How many acres do we need to control the co2 cycle?

Like this:

"We were trying to study the first step of a proposed reaction when we realised that the catalyst was doing the entire reaction on its own."Rondinone and his colleagues had put together a catalyst using carbon, copper, and nitrogen, by embedding copper nanoparticles into nitrogen-laced carbon spikes measuring just 50-80 nanometres tall. (1 nanometre = one-millionth of a millimetre.)When they applied an electric current of just 1.2 volts, the catalyst converted a solution of CO2 dissolved in water into ethanol, with a yield of 63 percent. 

OK, efficiency of concentrate of 63 percent, one has to get the energy of conversion and find total efficient from porous carbon salt to alcohol.   But these are high numbers, and alcohol is a stable fluid. But if we are looking at a single factory, electricity  and ocean in, waste and alcohol out, then that is a great number to focus on.  It is sort of the ideal pilot project. If we get that to 20%, factor in solar efficiency,  then for large coastal cities we have about 5% end to end solar efficiency for fuel at the pump.  Small, but it is at the pump, the co2 conversion efficiency still about 5%. But a solid 5%, most of the technical barriers from co2 to alcohol seem to be dropping.