NewDay@feddit.org to News@lemmy.world · 1 month agoJ.P. Morgan economist sees 40% US recession chance and risks to 'exorbitant privilege'www.reuters.comexternal-linkmessage-square5fedilinkarrow-up1173arrow-down14
arrow-up1169arrow-down1external-linkJ.P. Morgan economist sees 40% US recession chance and risks to 'exorbitant privilege'www.reuters.comNewDay@feddit.org to News@lemmy.world · 1 month agomessage-square5fedilink
minus-squareTokenBoomer@lemmy.worldlinkfedilinkarrow-up12arrow-down3·1 month agoSystems seek balance. America’s, and the world’s, economic and power systems are weighted to the wealthy. This is untenable and will rebalance, either chaotically or calmly.
minus-squarepainfulasterisk1@lemmy.mllinkfedilinkarrow-up2·1 month agoBased on how the ultra rich behave, it will not be calm.
Systems seek balance. America’s, and the world’s, economic and power systems are weighted to the wealthy. This is untenable and will rebalance, either chaotically or calmly.
Based on how the ultra rich behave, it will not be calm.