#finance
Bonuses for Bankers, Bills for the Rest of Us
#finance
Bonuses for Bankers, Bills for the Rest of Us
Politicians love to lecture the rest of us about making sacrifices while bankers are out there cashing in bonuses big enough to make you question reality. These are the same bankers who, not too long ago, nearly wrecked the global economy and had to be bailed out with taxpayer money. And what do they get in return? A fat bonus, of course, for doing such a stellar job of not sinking the system again this year. It’s like rewarding someone for not setting fire to your house after they just got out of rehab for arson. Meanwhile, the rest of us are trying to figure out how to afford rent, but hey, at least the bankers' yachts are looking good.
US Recession Looms: JPMorgan Warns of 60% Chance Amid Trump's Tariff Turmoil
- Friday, 04 April 2025
According to JPMorgan analysts, there is a 60% likelihood of a recession in the US, up from their previous prediction of 40%. The bank attributes this risk to tariff policies implemented by President Trump, which they believe will disrupt global trade and lead to rising prices for American consumers. This could result in months of decreased investment, job losses, and continued inflation.
