From Peter Reagan
We’ve suggested many times that an economic “storm could be brewing” so that you could start or continue preparing for it.
Well, if Jamie Dimon (CEO of JP Morgan) is correct, it looks like we might have underestimated how bad things could get. According to a recent report on CNBC, Dimon predicts that something much worse is barreling toward our economy:
“You know, I said there’s storm clouds but I’m going to change it … it’s a hurricane,” Dimon said Wednesday at a financial conference in New York. While conditions seem “fine” at the moment, nobody knows if the hurricane is “a minor one or Superstorm Sandy.”
Continue reading “Jamie Dimon Warns “Brace Yourself” for This “Economic Hurricane””
