Comment on JP Morgan boss Jamie Dimon sounds warning on US stock market fall
givesomefucks@lemmy.world 1 day ago
but insisted he thought the Federal Reserve would remain independent, despite repeated attacks by the Trump administration on its chair Jerome Powell.
So he’s a fucking idiot?
pdxfed@lemmy.world 1 day ago
No, he’s toeing the line with the fact his org and a few other rich people call shots, and that they benefit from the current structure the US has on the world stage. Loss of fed independence, which any (fucking idiot as you say) can see is happening, will hurt either JPM or those they are beholden to so he does the PR bit for now while they reshuffle in the background aligning with new power and future advantages. Once they and theirs have adjusted, then the market will be allowed to crash.