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#jpmorgan

10 posts9 participants1 post today

Da oggi si dovranno pagare supplementi aggiuntivi del 20 per cento anche sulle importazioni dall'#UE.

Anche i colleghi del partito di Trump stanno criticando sempre di più questa decisione: "Sostengo #DonaldTrump, ma non sostengo i dazi", afferma il senatore repubblicano del #Kentucky #RandPaul.

Anche il mondo degli affari sta ascoltando sempre più spesso parole d'allarme, come ad esempio quella del presidente della grande banca #JPMorgan, #JamieDimon, preoccupato per l'aumento 1/2

Following the reactions of many countries to the #US tariffs, #JPMorgan has adjusted its forecasts, estimating that the probability of a global recession in the coming months is 60%, up from 40% in the previous forecast.

On Monday it will take it to 80%, and will reach 99% by the end of the week.

Großbanken wie Morgan Stanley und #JPMorgan rechnen laut aktuellen Berichten intern mit einer globalen Erwärmung von über 3 °C.

Während öffentliche #Klimaziele verwässert werden, erkennen die #Finanzinstitute hinter verschlossenen Türen Risiken – und zugleich neue Marktchancen, etwa im Bereich #Kühltechnik.
Die #Wirtschaft stellt sich zunehmend auf ein Scheitern der internationalen #Klimaziele ein.

eenews.net/articles/big-banks-

E&E News by POLITICO · Big banks predict catastrophic warming, with profit potentialMorgan Stanley, JPMorgan and an international banking group have quietly concluded that climate change will likely exceed the Paris Agreement's 2 degree

#diaperdon and his lousy #business mind will most likely lead to #recession in 2025, #JPMorgan has raised the risk from 40% to 60%.

#tinyhands #trump is looking at financing the whole federal budget on #tariffs as it was in the 18th century, but then the economy also didn't grow much at all, this is what he thinks is great and miss that it's the low tariffs that gave #USA an #economical boom together with the #MarchallPlan
Where is your greatness #maga ?

Source: bloomberg.com/news/articles/20

Regarding #USPol: I have reread 2024 analysis of project 2025 policies by #JPMorgan. They clearly state that conservatively, the #USA will tank 0.7% GDP (it's worse by current analysis) and most of it will hit import-heavy industries, implying that industries like tech won't see an *immediate* detrimental effect. They state, as clearly, that by conservative estimates, the impact on tariffed economies shall be more than twice weaker. (Again, corrected estimates increase the gap, but that's not the point here).

Key observation – it was clear to everyone that this will negatively impact American economy, especially people of low income. Do you think it wasn't clear to trump's policy makers?

If you think it was, what do you think was the actual purpose of this policy?

While we're at it, have a look at distribution of incomes of people conscripted to russian army to die in the meatgrinder (not like I have a compassion for them).

I think that the dots are easy to connect.