‘We’re Not Out of the Woods Yet’: JPMorgan Chase’s CEO Jamie Dimon Warns of an Economic Outcome That’s Worse Than Recession
After getting rid of intricate legal problems connected to the Bank’s long association with the late convicted pedophile Jeffrey Epstein, JPMorgan Chase’s CEO Jamie Dimon has retaken his position as one of the major economic oracles in today’s America.
And he has been very careful with his projections, warning that the US economy is by no means out of the woods yet, and warning of a terrible prospect ahead that is worse than a recession.
Yahoo Finance reported:
“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’.”
Dimon made his remarks earlier this week at the Council of Institutional Investors in New York.
