“There Will Be a More Volatile Crisis”: JPMorgan Chief Signals Coming Financial Tsunami
Mac Slavo
April 10th, 2015
SHTFplan.com
Earth shaking words from a giant on Wall Street.
The insiders know the next collapse is coming. What form it takes may remain a surprise to account holders and investors who are not on guard.
But JPMorgan Chase chairman and CEO Jamie Dimon is positioning his firm to pick up the pieces after it hits.
A loud warning from a person who may be considered a de facto spokesman for the insiders who prevail on Wall Street, Dimon’s comments are more than just precautionary and foreboding – they spell out the mechanism with which the big banks and the technocratic controllers will seize and concentrate power during the next crisis.
Problem-reaction-solution… and the new rules of the game.
Another crisis event is coming in the financial markets. That much is clear.
How bad it will be depends upon how well you withstand the new rules of engagement.
Dimon writes in his April 8, 2015 shareholder letter:
Some things never change — there will be another crisis, and its impact will be felt by the financial market.
The trigger to the next crisis will not be the same as the trigger to the last one – but there will be another crisis. Triggering events could be geopolitical (the 1973 Middle East crisis), a recession where the Fed rapidly increases interest rates (the 1980-1982 recession), a commodities price collapse (oil in the late 1980s), the commercial real estate crisis (in the early 1990s), the Asian crisis (in 1997), so-called “bubbles” (the 2000 Internet bubble and the 2008 mortgage/housing bubble), etc. While the past crises had different roots (you could spend a lot of time arguing the degree to which geopolitical, economic or purely financial factors caused each crisis), they generally had a strong effect across the financial markets
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