What did Trump do for the economy BESIDES make the richer RICHER, and make corporations like JP Morgan also much more PROFITABLE.
Reminder. TRUMP made his tax cuts for the people (if you felt it?) TEMPORARY, while making the tax cuts for corporations PERMANENTE !!!!!!!!
SO NO SURPRISE CORPORATE 🇺🇸 favors TRUMP
#YouScratchMyBackIScratchYours
Their class would have been summarily executed decades ago if they didn’t have a plausible excuse. So they invent one every time, with ever more sophisticated propaganda outlets to push their lies. Still doesn’t make it true
A dare then? Maybe a taunt? My ardent wish is that one beautiful shining day people like you OddMeasurement7467 and I will see truly see eye to eye. I look forward to seeing your moment of recognition. These small things that motivate me
Doesn’t give one reason why prices will jump. At least Ukraine was the worlds biggest exporter of grain which explained some issues, this is just bullshit.
Jamie Dimon has made several of these pronouncements that turned out to be not to be completely accurate because he uses alliterative language. He posited a “hurricane” was coming. In bankers language that is bank failures but it was vague and inflammatory to the general public.
So if we figure out what he means we will know what company to short. We all know if every low interest bond were marked to market the US and most every corporation except a few techs would be broke but in reality they are only recognized when sold and the Fed won’t push it because the Fed would be broke, too.
So the stock market band plays on, countries lob bombs at each other and the munitions companies get fat profits, all because of conflict over religion, territory, or who is the superior race or ethnicity. Meanwhile we all ignore the earth is broke, physically and monetarily.
The only thing that would stop the invasion is the fairytale flu; just ask the plebbit mods how quickly they need to censor any critical thought about it, on the same level as the lolocoust denial.
Hi, AdAlternatif. Thanks for contributing. However, your [comment](https://old.reddit.com/r/collapse/comments/1772mnj/-/k4z83zm/) was removed from /r/collapse for:
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Most dangerous times in decades? Most dangerous times in the history of humanity is more accurate. Civilizations have collapsed before but this is a global civilization and its going to take us all down with it.
“A conflagration of wars and crisis puts us in a unique period of modern history.” Have you been living under a rock? Modern history is a long series of wars with one crisis after another. This is not a unique situation, this is how it has always been.
No, I haven’t been living under a rock. I know human history is the opposite of tranquil. I’m pretty studied in world events and history over the last 3 decades, by nature of schooling and personal interests. In the last 20 years I’d say the conflicts have definitely escalated, particularly if you want to compare 2009-2019 to 2019 to now; a LOT more black swan events have occurred, and at an increased pace. Thats all I’m pointing out.
Modern history usually refers to the past few centuries not decades though. That is probably where the disagreement is. The 2010s were a relatively calm decade but that has happened many decades within the last few hundred years with the overall trend towards war and crisis. The 2000s is much more similar to the 2020s.
> Modern history usually refers to the past few centuries not decades though.
> The 2000s is much more similar to the 2020s.
yeah I agree. When I said modern I was not referring to a formal period or anything. just my lifetime. but yes the early 2000's definitely ring familiar. I still stand by my statement however, that much much more critical world events happen now than they did in the 2000's. And that includes once in a lifetime climate disasters around the world.
Vanguard and blackrock are stage managing the whole lot. The US, through NATO, provoked russia over a decade into the Ukrain conflict and now profits from it. The Biden solution to the israeli Palestine conflict is to provide the Palestinian militants with the means to attack israel with the grander aim of provoking the saudis and iranians to attack israel.
This is a symptom of collapse as the US loses its grip on being the standard currency, through the growing influence of the bricks group, a decline in treasury bond sales, and soon to be hyper inflation of the $US.
America will try to drag everyone down with them.
Central banks destroyed the value of money and then bankers are shocked when it causes global instability.
This is two sides of the same coin and I’m sick of it.
Right, but let’s blame unstoppable inflation on “war”…. not insane money printing
This inflation was already a runaway train of their own demise but now they have more scapegoats to point at.
I wish the American people would wake up. We’re being led like sheeps to the slaughter
> The escalating conflict could have “far-reaching impacts” on energy prices, food costs, international trade and diplomatic ties, he said as JPMorgan Chase, America’s largest bank, reported earnings for the latest quarter.
> While the lender posted another robust set of results, Dimon cautioned that interest rates may increase further in the United States, as the savings of consumers dwindle.
> Dimon said: “The war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade and geopolitical relationships. This may be the most dangerous time the world has seen in decades.
Funny how disconnected the financial markets have become over time, from the world. When Ukraine first happened, the stocks went wild, but ever since, they seem to be chugging along. Either way, they don't matter. Jamie Dimon sucks as a human, but what he points out here is not incorrect. A conflagration of wars and crises puts us in a unique period of modern history, unlike anything we've experienced in our lifetimes.
It's hard to predict what potential reverberations will be. All we, normal civilians, can do is look in horror and hope that this nightmare stops. We can speak up, try to express humanist desires but even that, seems to be met with vitriol and reactionary rhetoric from a majority of my western compatriots and comrades.
It is an isolating time. It is a shocking time. If the head of one of the largest financial institutions warns us like this (as he often does) I believe things can only get crazier.
Never let a good crisis go to waste, isn't that so Jamie. Or as Smedley Butler said:
> War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small 'inside' group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.
– War is a Racket
> “The war is not meant to be won, it is meant to be continuous. Hierarchical society is only possible on the basis of poverty and ignorance. In principle the war effort is always planned to keep society on the brink of starvation.”
– George Orwell, 1984
Yep this is true. War is and will always be orchestrated and planned.
The planners simply see it as a means to an end.
Bankers see interest on the loans from the military. The arms companies see profit. The military leaders see glory. The newspapers and agencies see ratings and profits. The reporters see glory if they can break an exclusive.
And the soldiers and family of soldiers see death.
Whatever reason for why the war started is lost a few months into the war.
Yeah.. it’s lame. Most of those who fought during the great wars have no idea what is it they’re fighting for. History drums up certain facts to make it all feel so good. But when you’re midway fighting through the jungles of Borneo and Afghanistan, you be like why am I on this forsaken land. Who gives a shit.
Even if you fought for *something*, it's still at the whims of the elite who always have to manufacture the consent. "The Greatest Generation." More like the Goodest Boy Generation. Yes you are! YES YOU ARE! *Who's a good boy!?*
Eh, it's not like there was peace and harmony before leaders, bankers, etc.
Sadly, war is a condition that has always and will always exist due to the finite nature of resources and the millions of years of evolution that has wired us to be tribal.
Does this mean you’re going to cutting rent? Or are you getting ready to lobby for taxpayer money to subsidize your high rent?
JPMorgan wants to be your landlord https://finance.yahoo.com/news/jpmorgan-wants-landlord-152132729.html
Jamie Dimon stole hundreds of billions from American taxpayers when we bailed his company out after committing financial fraud. That motherfucker should be in jail, not lecturing us about economic policy. Asshole.
People don’t realize it. We’ve been living in a time where trade has mostly flowed freely. If we are entering, which I believe we are, the beginning of World War 3, the current economic model for the “just-in-time” economy is going to be flipped on its head.
Not to mention the United States is absolutely racing towards hyperinflation as a result of the worst government spending discipline in our lifetime combined with the incredibly weak activity associated with the federal reserve and Jerome Powell.
Terrible, terrible times are on the horizon for the west. We are sleepwalking into conditions most living Americans have never known; it’s not going to be pretty.
Everyone get ready for companies permanently raising prices by outrageous amounts due to “the state of the world” and never lowering them when the state of the world subsides
>Jamie Dimon says Israel-Gaza conflict may have ‘far-reaching impacts’ on energy prices, food costs and international trade
What he really means is “JP Morgan is committed to profiteering on the suffering of peoples all over the word”. I guarantee you he comes out of this wealthier.
[The real economy is where you and I live and work. We’re talking jobs and joblessness, wages and cost of living, inflation and deflation, wealth and debt, money and credit, the buying and selling of goods and services, human wellbeing and suffering.
And then there is the other economy, a gold-plated vampirical succubus that preys on its host by extracting wealth from the real economy without contributing identically-matching value:
The parasite anti-economy](https://survivingtomorrow.org/the-parasite-anti-economy-how-banks-landlords-and-monopolies-destroy-freedom-and-the-real-541124fee659)
[The real economy is where you and I live and work. We’re talking jobs and joblessness, wages and cost of living, inflation and deflation, wealth and debt, money and credit, the buying and selling of goods and services, human wellbeing and suffering.
And then there is the other economy, a gold-plated vampirical succubus that preys on its host by extracting wealth from the real economy without contributing identically-matching value:
The parasite anti-economy.](https://survivingtomorrow.org/the-parasite-anti-economy-how-banks-landlords-and-monopolies-destroy-freedom-and-the-real-541124fee659)
The following submission statement was provided by /u/SettingGreen:
---
> The escalating conflict could have “far-reaching impacts” on energy prices, food costs, international trade and diplomatic ties, he said as JPMorgan Chase, America’s largest bank, reported earnings for the latest quarter.
> While the lender posted another robust set of results, Dimon cautioned that interest rates may increase further in the United States, as the savings of consumers dwindle.
> Dimon said: “The war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade and geopolitical relationships. This may be the most dangerous time the world has seen in decades.
Funny how disconnected the financial markets have become over time, from the world. When Ukraine first happened, the stocks went wild, but ever since, they seem to be chugging along. Either way, they don't matter. Jamie Dimon sucks as a human, but what he points out here is not incorrect. A conflagration of wars and crises puts us in a unique period of modern history, unlike anything we've experienced in our lifetimes.
It's hard to predict what potential reverberations will be. All we, normal civilians, can do is look in horror and hope that this nightmare stops. We can speak up, try to express humanist desires but even that, seems to be met with vitriol and reactionary rhetoric from a majority of my western compatriots and comrades.
It is an isolating time. It is a shocking time. If the head of one of the largest financial institutions warns us like this (as he often does) I believe things can only get crazier. This is collapse related because of all of the potentialities. A wider war in the middle east? Economic hits to the West? Not only that, but HYPERpolarization WITHIN WESTERN COUNTRIES regarding the crisis, which I'm witnessing and, am personally incredibly afraid of. I hope that is enough for a submission statement.
---
Please reply to OP's comment here: https://old.reddit.com/r/collapse/comments/1772mnj/jp_morgan_ceo_warns_world_may_be_facing_most/k4q4u25/
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