Liberal Forum

ConservativeWave » Today, 8:15 am » wrote: ↑

Today, 8:15 am

I think Jamie Dimon is looking at it from a completely different perspective... Currently, with a HUGE percent of the workforce working from home, millions of office buildings are sitting empty, with leases and notes coming due soon (office buildings don't usually have a firm/fixed interest rate, & they change over time)... So, millions of those buildings are sitting empty, are not paying for themselves, and will start to be going delinquent soon (some already have)... Owners will walk away from them, leave the banks holding the property, & the resulting economic shock is what I think Dimon is worried about... LOTS of banks stand a high chance of going under, because of the losses... and that financial calamity could WELL cause a nation wide financial crisis !  However, it may already be too late... BUT, I think Dimon see's this incentive to get workers BACK into office buildings as a "last chance" to avert the economic crisis he sees coming...

Just MY opinion....

  **** the banks and owners of those properties.
They didn't read the writing on the wall.
Now they're crying.

 And if there's a bank crisis you know who gets the blame. Not Biden.
 
 Bank crisis,rising inflation,rising gasoline and grocery costs. Rising construction costs.
Some cuts in Social Security Medicaid and Medicare.
 
Maybe a war or 2 tossed in.
Get some Americans killed for nothing.

Spend a bunch needlessly on Gaza.

This TCA term is shaping up to be the worst ever of any president's. 
Going to be fun to watch.
He may not even last a full term.


By the time it's over the republican party will be a thing of the past.

 I really am liking how things are going.