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Do you understand what the head of JP Morgan Chase Bank just said (finance.yahoo.com)

posted 1 year ago by mitmont123 1 year ago by mitmont123 +204 / -0

JPMorgan CEO Jamie Dimon says he wouldn't be 'a big buyer of a bank' and sounds the alarm on the economy

The JPMorgan executive told a conference that the proposed capital controls on banks will pressure economic growth, alongside other factors.

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– AbjectDynamite 4 points 1 year ago +4 / -0

Only speculation here, but IMHO this makes perfect sense. What better way to push through banking changes than letting the people see and feel the pain of the banks stealing their deposits. We all know that something has to be in play to (attempt to) thwart corrupt bankers and politicians future stealing and control opportunities.

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– Godknowstheheart 4 points 1 year ago +4 / -0

unfortunately it does make perfect sense. pray everyone gets out of this Ok.

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