And he has been very careful with his projections, warning that the US economy is by no means out of the woods yet, and warning of a terrible prospect ahead that is worse than a recession.
Yahoo Finance reported:
“JPMorgan Chase CEO has laid out the ‘worst outcome’ for America’s economic future, beyond recession.
‘The worst outcome is stagflation’, said Dimon. ‘And by the way, I wouldn’t take it off the table’.”Dimon made his remarks earlier this week at the Council of Institutional Investors in New York. Dimon’s JPMorgan Chase is the largest bank in the United State, so his word carries a lot of weight.
Stagflation is a portmanteau word formed by the words ‘stagnation’ and ‘inflation’, and it refers to ‘a state where economic growth slows while inflation and unemployment rise’.
“The economic consequences of stagflation may cause retirement savings to go down as well as the stock market to crash; it was last seen in the U.S. during the 1970s, according to Investopedia.”
While inflation in August did grow less than expected at 2.5%, the outlook for the federal debt is bleak.
The amount is no less than $35 trillion as of September 12. […]
— Read More: www.thegatewaypundit.com
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.