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JPMorgan’s chief strategist: "we think there is now a higher likelihood of a crisis over the next 6 to 12 months, the severity of which could be higher than market participants anticipate" (www.ft.com)

submitted 2 years ago by yogthos@lemmy.ml to c/us_news@lemmygrad.ml

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cross-posted from: https://lemmy.ml/post/5708539

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[–] 201dberg@lemmygrad.ml 40 points 2 years ago (5 children)

What this basically means is that the Oligarchy has gotten most of their affairs in order to profit off the collapse and are getting ready let er rip.

[–] PolandIsAStateOfMind@lemmygrad.ml 20 points 2 years ago* (last edited 2 years ago)

Note how they always profit from the crisis. Taking note of the degree they control the economy of the global hegemon it's only logical to assume that they can manage the crisis timeline somewhat to fire it off when they are more or less ready.

[–] UlyssesT@hexbear.net 15 points 2 years ago

Vulture capitalism intensifies

[–] lorty@lemmygrad.ml 15 points 2 years ago

Financial elites tend to work like that.

[–] Mana@lemmygrad.ml 13 points 2 years ago (1 children)

Nooo! I wanted them to go down with us!

[–] Dessa@lemmygrad.ml 8 points 2 years ago

Be the change you want to see in the world

[–] MarxMadness@lemmygrad.ml 3 points 2 years ago

It's easy to accurately say a crisis is coming; the impossible part is determining when exactly it will hit. No one can do that.