Tuesday, October 14, 2025

America Is 'going Broke Slowly' Says J.P. Morgan

J.P. Morgan's David Kelly warned this week that while America is "going broke" it's doing so slowly enough that markets aren't panicking yet.

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Trump's gamble on Argentina is looming over the IMF-World Bank summit as his administration races to finalize an economic rescue package to address the South American country's unfolding currency crisis.

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-- Politico (@politico.com) Oct 14, 2025 at 4:30 PM

Comments

Thanks Republicans!

#1 | Posted by Sycophant at 2025-10-14 03:02 PM


#2 | Posted by C0RI0LANUS at 2025-10-14 03:29 PM

Maybe another round of tax cuts for billionaires?

Where are our Trumpers who keep voting for billionaires tax cuts to cheer this on?

#3 | Posted by ClownShack at 2025-10-14 03:40 PM

Obviously what working families feel isn't important compared to what the Markets feel.

But they'll all get together at the end.

#4 | Posted by Corky at 2025-10-14 03:48 PM

It has been the plan of the far right for a long, long time. They want to get rid of the FDR social safety net including Social Security, and to do that they need a time when America is broke and cannot pay the benefits. Capitalism is about the ruling class, always has been and will always be, as more and wealth gathers in fewer and fewer hands, for the rich to win votes they need America alienated and divided.
Cue Trump and his grandiosity.

#5 | Posted by Hughmass at 2025-10-15 07:33 AM

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