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TeeKay
The Wall Street Journal
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Comments by "TeeKay" (@teekay_1) on "Why JPMorgan CEO Jamie Dimon Is Skeptical of an Economic Soft Landing | WSJ" video.
@A_francis She lost her license since she stole investor funds. Use her or her henchmen at your own risk.
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And he was correct. When a gallon of milk, a loaf of bread, a box of cereal, and a pound of hamburger costs $25, you'll run out of money fairly quickly.
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@Erosis You realize that since 2021 the cost of living has gone up by almost a third, wiping out all those gains and then some.
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@smallpeople172 You picked "five years ago" because we were in the middle of COVID-19. But the reality is that since '21, real wages for most people have failed to keep up with inflation, which is continuing because of all the printed money by Janet Yellen. In fact, it tracks pretty closely with the huge deficit spending started that year.
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@smallpeople172 It actually isn't true, and PBS is enthrall to the Democrat narrative as much as NPR is.
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@muller_509 All that savings people had is gone. Credit card debt is through the roof.
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@BasedKaizen Everybody's feeling it because a lot of the "sugar high" we're experiencing now is because we're spending over $1+T dollars every 100 days, so a lot of money is being thrown around. That's what driving crazy inflation at the moment, so even if you have a lot of money, the Biden administration is devaluing your money at 7-10% a years. So if you're feeling good, it's illusory, because we cannot afford to continue this deficit spending and resultant rate of inflation for much longer. The bottom line is if you're feeling good about this economy it's because you're ignorant about reality.
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@A_francis Sharon Lynne Hart was arrested for stealing investor funds.
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An inept American administration is the biggest challenge to the US at the moment. Particularly Blinken and Janet Yellen stand out for how awful they are at their jobs. Jerome Power is captive to the Biden administration.
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