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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 382.95

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Nov 13 4:00 PM EST

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To: TobagoJack who wrote (170277)	4/7/2021 5:41:46 PM
From: ggersh	1 Recommendation Read Replies (1) of 217750

Fits Jamie Dimon to a T, it just can't be said enough "the best and brightest ain't always what they claim to be" ;-O notice how Jamie gets it all right but doesn't mention either JPM or his role in all the aforementioned. Oh Jamie “But populism is not policy, and we cannot let it drive another round of poor planning and bad leadership that will simply make our country’s situation worse." Dimon cites “a litigation and regulatory system that is costly, crippling small businesses with red tape and bureaucracy”. “terrible infrastructure planning and investment” “huge waste and inefficiency at both the federal and state levels” a lack of “effective immigration policies” “we fail to properly fund pension obligations” “income equality has gotten worse” “social safety nets [are] poorly designed” “30% of Americans don’t have enough savings to deal with unexpected expenses that total as little as $400” “Veterans [hospitals] . . . are broken” “Almost all institutions – governments, schools, media and businesses – have lost credibility in the eyes of the public. And perhaps for good reason: Many of our problems have been around for a long time and are not aging well.” “Politics is increasingly divisive, and government is increasingly dysfunctional” He also rails against the education and healthcare systems, saying: “Our education and health issues come together in this alarming statistic: Seventy percent of today’s youth (ages 17-24) are not eligible for military service, essentially due to a lack of proper education (basic reading and writing skills) or health issues (commonly obesity or diabetes).” Dimon goes on to explain that all of these problems “may explain why, over the last 10 years, the U.S. economy has grown cumulatively only about 18%.”

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