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    Is a 2008-style credit crisis imminent?

    Started by RE May 10, 2023, 09:47 PM

    Message path : / Society / The American economy / Economic Errata #14


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    RE

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    May 10, 2023, 09:47 PM
    Yes, though it's likely to be an order of magnitude worse.

    Here's to hoping JP Morgan goes belly up in this cycle. 🤞🏽  It would be nice to see Jamie Dimon take it in the shorts at least once.  Of course, he'll float down gently with a Golden Parachute, but it's nice in a symbolic way.

    https://unherd.com/thepost/is-a-2008-style-credit-crisis-imminent/

    Is a 2008-style credit crisis imminent?

    RE

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