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Forget the Black Swans; the Vultures already Circling us Are Bad Enough to Kill us
Forget the Black Swans; the Vultures already Circling us Are Bad Enough to Kill us There is certainly more coming to eat away at your finances as infamous bankster Jamie Dimon laid out quite broadly and plainly this week. Photo by Abhishek Singh on Unsplash Jamie Dimon never saw a dying bank he didn’t want to eat. Yet, […]
The world must brace itself for a further surge in oil prices
The world must brace itself for a further surge in oil prices Outlook for production is bleak with Russian shortfalls hard to replace With Russia’s sanctions-hit oil output facing an increasingly difficult route to market, there are legitimate fears that supply could fall much further © Andrey Rudakov/Bloomberg Share on twitter (opens new window) Share […]
Brace yourselves for an economic ‘hurricane,’ Jamie Dimon says
Brace yourselves for an economic ‘hurricane,’ Jamie Dimon says Jamie Dimon is no meteorologist, but the JPMorgan Chase CEO is predicting an economic “hurricane” caused by the war in Ukraine, rising inflation pressures and interest rate hikes from the Federal Reserve. “Right now it’s kind of sunny, things are doing fine. Everyone thinks the Fed can handle […]
Dear Jamie Dimon: Predict the Crash that Takes Down Your Produces-Nothing, Parasitic Bank and We’ll Listen to your Bitcoin “Prediction”
Dear Jamie Dimon: Predict the Crash that Takes Down Your Produces-Nothing, Parasitic Bank and We’ll Listen to your Bitcoin “Prediction” This is the begging-for-the-overthrow-of-a-corrupt-status-quo economy we have thanks to the Federal Reserve giving the J.P. Morgans and Jamie Dimons of the world the means to skim and scam the bottom 95%. Dear Jamie Dimon: quick […]
Which is Fraudulent – Bitcoin or JP Morgan?
Which is Fraudulent – Bitcoin or JP Morgan? I’m really grateful JP Morgan CEO Jamie Dimon decided to once again lash out in anger at Bitcoin, as it provides us with ample opportunity to highlight a practice very near and dear to how the bank operates. Fraud. The way the news cycle works, any topic […]
Banks Are Evil
Barandash Karandashich/Shutterstock Banks Are Evil It’s time to get painfully honest about this I don’t talk to my classmates from business school anymore, many of whom went to work in the financial industry. Why? Because, through the lens we use here at PeakProsperity.com to look at the world, I’ve increasingly come to see the financial […]
Eric Peters: “If China And The World Bank Are Right, We’re Headed For A Depression”
Eric Peters: “If China And The World Bank Are Right, We’re Headed For A Depression” “Some people blindly invested offshore and were in a rush to do so,” explained China’s central bank chief, justifying his recent capital controls. “Some of this outbound investment was not in line with our own policies and had no real […]
The Fed Sends a Frightening Letter to JPMorgan and Corporate Media Yawns
The Fed Sends a Frightening Letter to JPMorgan and Corporate Media Yawns Jamie Dimon, Testifying Before the Senate Banking Committee on June 13, 2012 Over Massive Derivative Losses at the Depository Bank of JPMorgan Chase Yesterday the Federal Reserve released a 19-page letter that it and the FDIC had issued to Jamie Dimon, the Chairman […]
Was There A Run On The Bank? JPM Caps Some ATM Withdrawals
Was There A Run On The Bank? JPM Caps Some ATM Withdrawals Under the auspices of “protecting clients from criminal activity,” JPMorgan Chase has decided to impose capital controls on . As WSJ reports, following the bank’s ATM modification to enable $100-bills to be dispensed with no limit, some customers started pulling out tens of thousands of dollars at […]
Exclusive: Dallas Fed Quietly Suspends Energy Mark-To-Market On Default Contagion Fears
Exclusive: Dallas Fed Quietly Suspends Energy Mark-To-Market On Default Contagion Fears Earlier this week, before first JPM and then Wells Fargo revealed that not all is well when it comes to bank energy loan exposure, a small Tulsa-based lender, BOK Financial, said that its fourth-quarter earnings would miss analysts’ expectations because its loan-loss provisions would be higher […]
Shots Fired – Jamie Dimon Questions Elizabeth Warren’s “Understanding of the Global Banking System”
Shots Fired – Jamie Dimon Questions Elizabeth Warren’s “Understanding of the Global Banking System” I think the following comments will come back to haunt Jamie Dimon. They represent the perspective of an out of touch, financial oligarch who is so consistently fed bullshit compliments by all those surrounding him, he has no idea how badly this […]
“Another Crisis Is Coming”: Jamie Dimon Warns Of The Next Market Crash
“Another Crisis Is Coming”: Jamie Dimon Warns Of The Next Market Crash Last October’s Treasury flash crash — which Gregg Berman will tell you wasn’t the fault of HFT and which will likely repeat at some point or another thanks to the fact that Fed purchases have reduced market depth — may no longer be a once every three […]
