Stock Market killing it again

[ThePunish-EER]

We will still vote however we will get Venezuela results.

It’s already happened in 2020

 

[WVU82]

 

[WVUALLEN]

Yeah, biff’s been saying Biden and then Harris would bring a Wall St crash like ‘29, WW3, pandemic, and Martian invasion. Personally I think he’s talking about what’s gonna happen to his butthole once he goes to prison.

JPMorgan Chase CEO has laid out the "worst outcome" for America's economic future, beyond recession.

"The worst outcome is stagflation," said Dimon. "And by the way, I wouldn't take it off the table."

68-year-old Jamie Dimon made his remarks on Tuesday at the Council of Institutional Investors in New York. Inflation rises 2.5% in August, less than expected.

JPMorgan Chase is the largest bank in the United States according to Bank rate, with $3.4T in assets.

Stagflation, a portmanteau of stagnation and inflation, refers to a state where economic growth slows while inflation and unemployment rise.

The economic consequences of stagflation may cause retirement savings to go down as well as the stock market to crash; it was last seen in the U.S. during the 1970s, according to Investopedia.

While inflation in August grew less than expected at 2.5%, the outlook for the federal debt is bleak, with the growing number measuring $35,309,184,612,870.00 as of September 12.

Interest payments due in October on the national debt now exceed the costs of both Medicare and the national defense budget. National debt may contribute to further inflation on the horizon.

This is the first time in American history that interest payments on the national debt have risen above $1T.

"So, it's hard to look at [it] and say, 'Well, no, we're out of the woods.' I don't think so," said Dimon.

Interest payments due in October on the national debt now exceed the costs of both Medicare and the national defense budget. National debt may contribute to further inflation on the horizon.

Inflation that’s surging above the long-term trend puts companies in awkward positions because they must make the hard judgments when and how much to raise prices, or to try to hold the line on price, which weighs on profit margins. While consumers might prefer that companies avoid passing along higher costs through price, shareholders and employees will also suffer because firms have less flexibility and lower revenues and even profits. — Mark Hamrick, Bankrate Senior Economic Analyst

 

[Gunny46]

 

[sammyk]

Well Donny only has a concept of a plan hahahahhahahaha. Moron

 

[Gunny46]

Well Donny only has a concept of a plan hahahahhahahaha. Moron

Her plan below. It was posted earlier in the thread. You skipping past it then posting stupid shit like a troll makes you look like an idiot that spends too much time playing player 2 player video games in your mom's basement.

 

[WVU82]