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(Marketwatch)   "We're a long way from getting back to normal' says billionaire banker from his penthouse high above and safe from all the poors   (marketwatch.com) divider line
    More: Obvious, Dow Jones Industrial Average, stock market, JPMorgan Chase, highest number of new daily cases, long-term, economic uncertainty, former CDC director Tom Frieden, bank's offices  
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443 clicks; posted to Business » on 12 Oct 2020 at 1:03 PM (15 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



14 Comments     (+0 »)
 
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2020-10-12 1:11:26 PM  
I see they left off his followup sentence, which was "And if I get what I want, probably never".
 
2020-10-12 1:53:15 PM  
What is the difference between people that can work from home and the average worker?

A- Some are essential workers that have to put their lives in danger to show up for less than living wages most likely with multiple jobs while the ones sitting safe at home with much higher pay get to clap and honk their horns to "thank" the others.
 
2020-10-12 2:02:22 PM  

MadHatter500: I see they left off his followup sentence, which was "And if I get what I want, probably never".



He and his pals are doing their patriotic best to destroy Democracy and set up their plutocratic fascist police state so they'll have total control and all the money/wealth.


The Dream of every Society is Total Control.   -- Gore Vidal
 
2020-10-12 2:10:01 PM  
He's not wrong, though.
 
2020-10-12 2:10:45 PM  
I'm not sure why we're raging at him.  This is the common assessment:   told a conference on Friday that he doesn't expect normality to return until the summer of 2021.

Most realistic estimates I've read put something like normality, but with masks returning in Q2.  Assuming a safe, effective vaccine reaches widespread availability in the spring, we won't see anything resembling herd immunity until sometime in Q4.
 
2020-10-12 2:12:57 PM  

Rapmaster2000: I'm not sure why we're raging at him.  This is the common assessment:   told a conference on Friday that he doesn't expect normality to return until the summer of 2021.

Most realistic estimates I've read put something like normality, but with masks returning in Q2.  Assuming a safe, effective vaccine reaches widespread availability in the spring, we won't see anything resembling herd immunity until sometime in Q4.


Fark rages at him because he is a B word. Obviously, he eats kittens...
 
2020-10-12 2:18:21 PM  
preview.redd.itView Full Size
 
2020-10-12 2:24:08 PM  
i always tip the pizza man well.  those people are doing god's work
 
2020-10-12 2:31:10 PM  
Well it has been forever since he had the chance to have a couple dirty poors fight to the death for $5000 or make a snuff film.
 
2020-10-12 3:54:13 PM  
It depends how long we take to get used to how it is now because that will be become the new normal, give or take.
 
2020-10-12 4:10:15 PM  
He's right, you know.
 
2020-10-12 5:17:23 PM  
I don't get the hate for Jamie Dimon. I've read a bit about him and what he has to say, and as far as heads of global banks go, he's pretty on the ball. You want to hate bankers, fine...hate John Thain, hate John Mack, hate the assholes who played deep odds and got our bailout when they lost. Read up on JP Morgan during the "Great Recession". They didn't need the bailout.

Linux_Yes: The Dream of every Society is Total Control.


So...vote Republican?
 
2020-10-12 5:24:13 PM  

H31N0US: I don't get the hate for Jamie Dimon. I've read a bit about him and what he has to say, and as far as heads of global banks go, he's pretty on the ball. You want to hate bankers, fine...hate John Thain, hate John Mack, hate the assholes who played deep odds and got our bailout when they lost. Read up on JP Morgan during the "Great Recession". They didn't need the bailout.

Linux_Yes: The Dream of every Society is Total Control.

So...vote Republican?


ahhhhhh


No


i'm Independent so i take the lesser of two evils.   Biden

if i had my way, it'd be Sanders/Warren 2020  but apparently the Democrats don't want any real change.  they want someone who isn't Trumper.

and when the next Republican Fascist gets in the white house after Biden, he'll pick up where Trumper left off.


Yes, Biden will win.  Done deal   so everyone can celebrate now.
 
2020-10-12 10:41:44 PM  
He's not wrong. The economy is about to crash hard right after Christmas.

Everyone is holding on my their finger tips for a new stimulus. Restaurants and other businesses can't survive with outside seating in winter.

There won't be a holiday travel season. Business travel isn't coming back.

Winter is coming.
 
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