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Economy

“Jamie Dimon believes U.S. debt is the ‘most predictable crisis’ in history—and experts say it could cost Americans their homes, spending power and national security”

“…Jamie Dimon says Washington is facing a global market “rebellion” because of the tab it is racking up, while Bank of America CEO Brian Moynihan believes it’s time to stop admiring the problem and instead do something about it.

Elsewhere The Black Swan author Nassim Taleb says the economy is in a “death spiral”, while Fed chairman Jerome Powell says it’s past time to have an “adult conversation” about fiscal responsibility.…”

https://finance.yahoo.com/news/jamie-dimon-believes-u-debt-093000484.html

Listen, debt levels are unsustainable. Pensions, 401k’s, government assistance, all this stuff is going to vanish. Do not depend on it for your survival. If you do you’re going to regret it. Get ready for the upcoming crash. buy precious metals and crypto. Have liquid assets and cash on hand. When the market crashes buy everything you can for pennies on the dollar. That’s how you not only survive but thrive.

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