204 Do you understand what the head of JP Morgan Chase Bank just said (finance.yahoo.com) posted 243 days ago by mitmont123 243 days 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. 71 comments share 71 comments share save hide report block hide replies
Jamie Diamond is saying the next banks to fail, and he knows which one(s), will be Bailed In, not Bailed Out. Depositors money will be used to save the banks.
They’re telling us what’s going to happen.
Makes sense since they're really incentivizing HYSA's with great rates. I may drain my savings.