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Sunshine (she/her)@piefed.social to Boycott US@lemmy.caEnglish · 2 days ago

JPMorgan urging investors to diversify away from U.S. assets before “going broke slowly” turns fast.

fortune.com

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JPMorgan urging investors to diversify away from U.S. assets before “going broke slowly” turns fast.

fortune.com

Sunshine (she/her)@piefed.social to Boycott US@lemmy.caEnglish · 2 days ago
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America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky | Fortune
fortune.com
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Even with Trump’s tariffs and Musk’s spending cuts, J.P. Morgan’s David Kelly warns, America is “going broke.”
  • zululove@lemmy.ml
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    20 hours ago

    This has been going on for like 15 years

    • plz1@lemmy.world
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      20 hours ago

      Add 10. Clinton admin ended with a surplus. Bush pushed the US back into debt, and every president since Bush has grown that debt.

      • Treczoks@lemmy.world
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        14 hours ago

        Nearly every Democrat president left the country financially better off; Nearly every Republican president left the country financially worse off. Conclusion?

        • piccolo@sh.itjust.works
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          6 hours ago

          Yeah bad it took like 8 years. When it should happened before they even set foot in the office!

        • TankovayaDiviziya@lemmy.world
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          14 hours ago

          People are dumb.

      • rimmedalpha@lemmynsfw.com
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        20 hours ago

        deleted by creator

Boycott US@lemmy.ca

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Overview:

The community dedicated to boycotting the US until they stop fascism, restore full democracy and start following international law.

Americans have a moral obligation to resist Donald Trump and project 2025 at every turn.

America is a flawed democracy currently being ruled by oligarchs. Stop the backslide! Dont let America become the next Hungary.

America needs to challenge the court rulings of citizens united v. fec and shelby county v. holder, protect the media, implement independent district drawing, and the single transferable vote so they don’t end up having people stay home in life-changing elections because they cannot vote for their favourite candidate.

Join 50501.chat to fight back!


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