It’s called The Great Reset. They’ve been working on it for years, and it has nothing to do with Putin’s incursion.
I don’t know if he’s right or wrong, but I really dislike Dimon. He lies so easily you just don’t know what to make of what he says.
I watch FBN, Maria has him on whenever she can and is in rapture listening to him.
Misleading title. I see nothing here about a “Fed and Ukraine War.” Why would the Federal Reserve have an interest in Kyiv, anyway?
Stolen elections have consequences.
The Fundamental Transformation of America proceeds apace, as planned.
The ruin is intentional.
Hail Hydra.
F Dimon. He owns this. Now he’s trying to shuffle over to the other side of the issue. We know better.
So he can’t bring himself to be honest about his libtard buddies and their disastrous leadership clearly and directly causing this? 🤪
Sounds just like fake news
You can bet Biden asked Powell to delay and reduce the number of interest hikes as well as lessening the rate of the QT. It is all about the midterms and the coming recession. The Fed is so politicized, it will go along with Biden making the situation far worse in the long term. Batten down the hatches. The perfect storm is coming.
Don’t leave out the Climate Change Radicals who are already doing more global damage than actual climate change (if indeed there is any) can ever do in the next 500 years.
But that’s a feature, not a bug.
Never forget that “global warming” was invented by the neo-malthusian Club of Rome as a tool to force a drastic reduction of human populations. see:Maurice Strong.
I have already started. In April my credit card amount was $0.00. Paying cash and only for necessities.
The name “Biden” was not mentioned in the entire article.
Try to imagine the fallout if DJT was POTUS during this disaster (not that he would ever let this disaster occur).
Jimmy Carter’s second term. “Reverend” Al’s first term.
"...when the savings rate goes from an out-of-this-world 34% to a rock bottom 4% in just 24 months, you are not dealing with a standard economic cycle."
Central banks “don’t have a choice because there’s too much liquidity in the system,” Dimon said, referring to the tightening actions. “They have to remove some of the liquidity to stop the speculation, reduce home prices and stuff like that.”
The other large factor worrying Dimon is the Ukraine war and its impact on commodities, including food and fuel. Oil “almost has to go up in price” because of disruptions caused by the worst European conflict since World War II, potentially hitting $150 or $175 a barrel, Dimon said.
Starvation? Food rationing? Tight money like there's never been before?
Caused by the Fed and Ukraine war......
Idiot much Dimon?!
Certainly, no mention of BidenIdiot’s policies yeah?
The idiocy is unreal.
Let’s go Brandon.
5.56mm
“One step the bank could take to gird itself for a coming hurricane is to push clients to move a type of lower-quality deposit called “non-operating deposits” into other places, such as money market funds, for example. That would help the bank manage its capital requirements under international rules, potentially helping it absorb a surge in bad loans.”
Lower quality deposits for their clients doesn’t sound like a good idea if the S is about to HTF.
Jamie Dimon did everything he can to make this situation happen.
Nice job, a-hole.
The Great Reset, by willing dupe Brandon.
The Fed = Biden
Ukraine = Biden
That along with a severe recession will finally allow auto dealerships to stock up on inventory and hopefully price stability. Probably be a good time to buy a car or truck towards year end and thereafter.