JPMorgan Chase CEO Jamie Dimon is predicting an economic “hurricane” caused by rising inflation pressures, interest rate hikes from the Federal Reserve, and of course, the Russian/Ukrainian conflict. Dimon says to brace yourself because the worst is yet to come.
“Right now it’s kind of sunny, things are doing fine. Everyone thinks the Fed can handle this,” Dimon said at a Bernstein conference. “That hurricane is right out there down the road coming our way. We just don’t know if it’s a minor one or Superstorm Sandy. You better brace yourself,” Dimon said, adding that JPMorgan Chase is preparing for a “non-benign environment” and “bad outcomes.”
According to a report by CNN Business, Dimon says the central bank and the thugs that run it controlling the world through fiat currency, are out of options. Dimon said that the economy is “distorted” by inflation caused by the ruling class, which includes the central banks. He’s also worried that the Fed is starting to unwind its bond portfolio, a process known as quantitative tightening, and at the same time, it is raising interest rates. That’s something that the market is not prepared for, Dimon said, adding that people will be “writing about [this] in history books for 50 years.”
And he’s probably correct considering the end game is complete totalitarian control and permanent slavery of the entire human race by central banksters and the ruling classes of the world.
The Endgame: Central Bank Digital Currency
Jamie Dimon is one of these rulers, and so his warnings should be taken with a grain of salt. He may be attempting to panic the public into compliance and get them to accept the digital currency out of fear.
Alert: Programmable Central Bank Digital Currencies Will End All False Sense of Freedom
If it was a hurricane, I would tell you that,” Dimon said at the analyst meeting, adding that current conditions also aren’t like the “tsunami” that banks faced in 2007 and 2008 when the mortgage market was melting down and several large financial institutions collapsed.
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I don’t believe it’s much of ‘prediction’ when you’ve been materially involved in the CREATION of the very thing that you ostensibly are ‘predicting’.
Wall Street is nothing but the ultimate facilitators of the economic destruction we are witnessing now…aided and fully abetted by a pitiful gerontaucracy about whom it would overly kind to say are “feeble-minded”. However, that just fine…complete your assigned tasks, but you don’t REALLY believe that we’re going to let you actually keep your ill-gotten gains, do you?
Hahahaaaa…keep believing that, right up till the Pitchforks show up at your McMansion in the hands of a bunch of friendly folks carrying a whole lot of rope.
Reckoning is almost here…Thank GOD!
Cheerio kiddos…JOG
I remember when some of these CEOs, bankers, and others running these investment houses and banks were saying crypto currencies are no good and will lose all their value. It turns out while some of them were saying this publicly they were buying up huge shares of crypto currency privately.
Times are changing.
Stay on top of the changes and change with them or you will have a very difficult time soon.
Always remember “What doesn’t destroy me makes me stronger”. Make that your motto when facing the world everyday.
Also doesn’t hurt remember that Nietzsche was unable to take care of himself for many years and died from insanity when he was 55.
Its easy to predict the end times, when this demolition has all been planed out step by step by the Globalists who stole and rigged elections across the Globe. However, Only those who obey will fall into their trap.
Never ever give up your guns or the US Constitution. It will out survive these chump’s agenda.
Your guns are useless, they won’t do anything but get you killed or imprisoned if you use them.
The Constitution has already been given up by both the Court and Law Enforcement agencies on every level, as it suits their purposes, denying this doesn’t change it.
The time to fight came and went, it’s now like a country deciding to fight an invader after he has already conquered and controls almost all of your territory instead of when he first invaded. Starting to fight after you’ve already lost will not result in your victory.
Get creative.
Then give us yours.
Guns will protect against break in’s when people get hungry or want to steal stuff. Time has come and gone to fight, few alpha able bodied men anyway, too few to matter. Most patriots today are old and sickly unable to barely walk. America has been conquered by the globalists and Obama is in his third term w/ Biden his puppet . Globalist control freaks control politicians 99% , am not sure now many now are true patriots but if DeSantis is real and Rand Paul seem to be standing up However no matter what happens (gestapo round ups or total chaos), we must fight back or be taken alive.
It’s a shit storm!!!
Send the hurricane hunters in.
Banister parasites that are worth more than a billion dollars are worried about the economy? That’s laughable!
All Americans should be allowed to withdraw from their retirement accounts without penalty immediately. If all of the”elites” get to prepare for this shitstorm so should the rest of us. I’m pretty sure we’re all going to need the measly $30,000-100,000 most of us have sitting in our accounts. And we’d better get it out before we lose it all.
We’ve been retired 18 yrs and drawing down the 401k supposed to last 12 more yrs into our early 90’s. Tax penalties if high amounts are drawn out.
It’s great to retire in your early sixties if all your ducks line up, but it’s not fun to think about outliving your income. Health, job-situation, family circumstances, and other factors lead us to make important life decisions without enough information. Wish we could know: 1) How long will we live? 2) What idiotic things will the gov. do to our economy in the interim? 3) Will the idiots running countries destroy my region? And on and on.
You sound like yer probly clean. Wanna hook up? My wife won’t touch me and my dog can’t take it anymore.
I have lost absolutely all faith in this ponzi fiat scheme for the ages. I’m stacking silver; gold, platinum, lead, food and water. It’s literally a house of cards right now!
The 401/TSP was a scam. Any fwd thinking tax man/book keeper had that figured.
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