What is Really Going on Here?

No, I mean, seriously: WHAT IS HAPPENING?

Key topics:

✔️ Jamie Dimon walking back his prediction of an economic hurricane... Why? What has actually changed to create a sense of optimism?
✔️ The Wall Street bankers like to show up hat in hand and ask for a bailout. But what about that time when the government showed up to the bankers and asked for a bailout?
✔️ A lot of cash can fly out the door quickly. Is it all taxpayer money? How is all this currency even in existence?
✔️ The CEOs at Davos aren't feeling excited but apparently, somehow, you should be. Also you should still think that The Great Resignation is going strong and people can job hop across the market for pay raises forever. 😣
✔️ These boom/bust and inflation/recession cycles happen and happen. So have bank failures and bank runs. Yet each time we have a downturn, people act like they simply can't believe it's happening.


Links I mention:

https://www.cnbc.com/2022/06/01/jamie-dimon-says-brace-yourself-for-an-economic-hurricane-caused-by-the-fed-and-ukraine-war.html

https://tinyurl.com/y3nyc26t

https://fortune.com/2023/01/10/jamie-dimon-economy-hurricane-storm-clouds-recession-2/

https://finance.yahoo.com/news/davos-pw-c-survey-finds-bleak-ceo-outlook-for-2023-174505340.html

https://finance.yahoo.com/news/dont-settle-workers-market-newest-110000824.html

https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States

https://www.cnbc.com/2023/01/16/richest-1percent-amassed-almost-two-thirds-of-new-wealth-created-since-2020-oxfam.html

https://www.cnbc.com/2021/06/23/how-much-wealth-top-1percent-of-americans-have.html

https://www.usdebtclock.org/

https://historydaily.org/panic-of-1893

https://www.cheatsheet.com/entertainment/godfather-frank-sinatra-mario-puzo-johnny-fontane-character.html/


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