JPMorgan CEO Jamie Dimon warns: ‘This may be the most dangerous time the world has seen in decades’

Jamie Dimon sounds alarm over economic outlook amid Israel-Hamas war

JPMorgan Chase CEO Jamie Dimon kicked off bank earnings season on Friday with a stark warning about the perils facing the world today.

In addition to the military conflicts, Dimon expressed concern about the persistently tight labor market and extremely high government debt levels — including the “largest peacetime fiscal deficits ever” — that he warned are increasing the risks of both inflation and interest rates remaining high.

I can appreciate Jamie Dimon’s take on the world situation but a person does not have to be the CEO of Chase to recognize the perilous times the world is in.

Just turn on the boob tube or sit down behind your computer and read the news, it is absolutely sickening. If you don’t feel like throwing up your guts there must be something wrong with you.

This entire conflict between Israel and Palestine can be compared to race relations in the United States. Most of which stemming from people that cannot let go of the past, just like with the on going conflict between the white and the black, predicated not so much acting on what is going on today, but what happened 10/15/20 fifty years ago. No matter what hostel direction they take it can ever be rectified.

We do not need Jamie Diamon to tell us that the future is in our hands as to it’s outcome, but the past can never be changed, only learned from.

Do the people on both sides of the spectrum have a legitimate extra grind with their proverbial enemies?? Absolutely yes, but as we can see if they cannot get their heads together and come up with an amicable solution for both sides, between the blacks and the whites, and the Jewish people and the Palestinians, or for that matter anyone/country that is caught up in a similar situation, these perpetual wars we’ll continue till the end of time, in the end, conditions being no better off than they were before, only conjuring up more hostilities.

The sad fact of the matter is, there are war profiteers that are making big money over these conflicts and do not want to see them settled. What sad ass time we live in, and unfortunately, I don’t see it getting any better.

Is it a pathetic fact that people involved do not want change, they are content in raising their kids and the same hateful environment they grew up in. It doesn’t have to be that way.

I will guarantee if and when this war between Israel and Palestine is over (if it ever is) relations between the two factions and every other country that gets involved are going to be much worse than they were before it started. It will also have a long lasting dire consequences for the rest of the world.

What are both sides going to have in the end but massive infrastructure destruction, thousands and thousands of unnecessary deaths, and still no further ahead than they are today, but much worse.

Is forgiving, not forgetting, and putting the hatred issue aside a hard pill to swallow so the world can move forward?? Absolutely, but the way I see it, there is no other alternative.

Hate is like a cancer, unless it is chopped off and controlled, it will consume everything in its path. This is the way the world is headed.

I always stand by good old common sense.

Peace is attainable if the world really wants it.