Jamie Dimon Rings The Recession Bell & Rail Unions Reject Government Deal, Ep. #148
Jamie Dimon is now ringing the recession bell suggesting that the economy will be in a recession within 9 months. This comes the same day that President Biden suggests that we have nothing to worry about in regards to the economy and if we do have a recession, it will very light and very small. What will actually happen? How deep will a recession be? All of this is discussed on top of news that some rail unions rejected the government package that gave a 24% raise to rail-road workers. What kind of precedent does this set? What's happening over in Europe with pension funds? On the cancelled list this week, the Kansas City Chiefs are at the top of the list. All of this is discussed and more on this weeks "The Capitalist Investor" podcast.
● [02:14] Jamie Dimon Calls for a Recession in 6-9 Months
● [21:51] Rail Unions Rejects Government Deal
● [27:12] Bank of England - Gives Pension Funds 3-Days to Re-Balance
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