• Substance_P@lemmy.world
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    16 hours ago

    Lets not forget what a stand up guy this man is, that due to Jamie Dimon’s convenient laps of attentiveness, Epstein’s sex trafficking went on for years.

    JPMorgan ultimately paid $290 million to settle a lawsuit brought by approximately 200 of Epstein’s victims and an additional $75 million to resolve litigation with the U.S. Virgin Islands, where many of Epstein’s crimes occurred.

  • Archangel1313@lemmy.ca
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    16 hours ago

    The Federal Reserve will “probably” reduce its benchmark interest rate at its next meeting later this month, though that might not “be consequential to the economy,” Dimon said.

    So…why are people even listening to this idiot, then? Lowering interest rates during a possible recession, when tariffs are already causing higher inflation, will send the dollar into a tailspin.

  • Tylerdurdon@lemmy.world
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    15 hours ago

    Oh, is that what a recession is called now? Economy weakening? Perhaps we just need to change the definition again while we bury our heads in the sand. Nothing to see here!

  • wisely@feddit.org
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    14 hours ago

    This guy has been saying a recession is coming for years. Eventually he will be right, but he isn’t much of an indicator beyond anyone looking around and noticing things are generally not ok.

  • Maeve@kbin.earth
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    15 hours ago

    This sociopath had nothing to do with it either! #toobigtofail #toorichtofire