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Patrick Boyle
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Comments by "" (@badluck5647) on "Jamie Dimon Warns Banking Crisis 'Is Not Yet Over!'" video.
The FED, like the government in general, is a net good, but that doesn't mean bad policy can't cause serious issues. Plus, do we really want to trust the likes of Trump or Biden with monetary policy?
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JPM Morgan wants more costly regulations on smaller competitors. There definitely isn't a conflict of interest there.
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Because banks don't handle transactions, investing, and lending unless Asian manufacturing or African resource extraction is involved?
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You are thinking of China's state banks
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@florencebaendes2853 African and Asian markets are the ones struggling and asking the IMF (aka the West) to bail them out. Unfortunately, Chinese predatory lending is operating as a roadblock to that support.
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