JPMorgan Chase CEO Jamie Dimon said this week that a fate worse than recession for the U.S. economy—namely, stagflation—can’t be ruled out.
Speaking at the Council of Institutional Investors’ fall conference in New York City on Sept. 10, Dimon expressed concern about the possibility that stagflation—a detrimental mix of economic stagnation and inflation—could well be stalking the U.S. economy.
“The worst outcome is stagflation—recession, higher inflation,” Dimon said. “And, by the way, I wouldn’t take it off the table.”
Stagflation, a term often associated with the 1970s, is marked by elevated price pressures, increasing unemployment, and stagnating economic growth. Such a combination could push stock markets lower, strain retirement accounts, and reduce consumer purchasing power. It could also lead to prolonged economic hardship, making it difficult for policymakers to revive growth without making inflation worse.
Meanwhile, investors and economists are focusing on signs of slowing growth and possible cracks in the labor market as Federal Reserve officials have been battling high inflation for more than two years with high interest rates, which have raised borrowing costs and cooled demand. While inflation has fallen from its June 2022 peak of 9 percent to 2.6 percent in August 2024, there are fears that inflationary pressures could pick back up—along with expectations that inflation will settle around the 3 percent mark over the long term. […]
— Read More: www.theepochtimes.com
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.
