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Goddammit Jamie Dimon
“Persistent inflation may lead to interest rates of 8% or more, Jamie Dimon warns”

https://www.marketwatch.com/amp/story/interest-rates-could-hit-8-or-more-and-wars-are-creating-outsize-geopolitical-risks-jamie-dimon-warns-499def25
#The Most Important Thing  Most Important Thing

Goddammit Jamie Dimon “Persistent inflation may lead to interest rates of 8% or more, Jamie Dimon warns”  https://www.marketwatch.com/amp/story/interest-rates-could-hit-8-or-more-and-wars-are-creating-outsize-geopolitical-risks-jamie-dimon-warns-499def25 #The Most Important Thing  Most Important Thing

Nikolas Kong

M2 money supply is down 4.3% since 3-22.  I am surprised we are not in a recession now.  Government spending seems to be holding up the economy.  While the upper 10% is doing well, the lower to middle is in deep trouble debt wise.  When debt overloads a debt based economy bailouts are sure to come.  Keep a close eye on the banking sector, housing, autos.  When they have trouble mass layoffs are sure to follow.

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Jerome Cody

When JP Morgan speaks, perhaps we should listen. Regardless of whomever wins in November, the pathologies that Mr Dimon highlights will not be addressed. In another four years we will still be debating our budget, our border, and our fading position in the world. The only difference will be that future debates on our crises will only find the situations worse and our capacity to deal with them diminished.

Sam Mendoza

"America and the rest of the free Western world can no longer rely on the false sense of security that dictatorships and oppressive nations won’t use their economic and military powers to advance their agendas, particularly against what they perceive as weak, incompetent and disorganized Western democracies."

Quite a slam against the current Administration. Well said, Mr. Dimon.

"America and the rest of the free Western world can no longer rely on the false sense of security that dictatorships and oppressive nations won’t use their economic and military powers to advance their agendas, particularly against what they perceive as weak, incompetent and disorganized Western democracies."  Quite a slam against the current Administration. Well said, Mr. Dimon.

Nikolas Kong

Goddammit Jamie Dimon “Persistent inflation may lead to interest rates of 8% or more, Jamie Dimon warns” https://www.marketwatch.c.. #The Most Important Thing Most Important Thing

A group of likeminded people in The Most Important Thing are talking about this.