JPMorgan Is Thinking Pitchforks and Fed Stock Buying in the Next Financial Crash

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

JPMorgan Is Thinking Pitchforks and Fed Stock Buying in the Next Financial Crash

By Pam Martens and Russ Martens: September 7, 2018 ~ If you thought the U.S. outlook could not get any more dystopian, think again. JPMorgan Chase issued a report earlier this week to mark the 10th anniversary of the 2008 Wall Street crash and provide its outlook for what’s ahead. JPMorgan suggests that the next financial crash may be so cataclysmic that the Federal Reserve may have to enter the market to buy up stocks – something which the central bank has never done before in the U.S. or, at least, acknowledged doing, because stock ownership is heavily skewed to the one percent. JPMorgan further suggests that if the Fed did take this unprecedented step, it might lead to pitchforks in the street (our phrase) as a class war breaks out. (Imagine the Occupy Wall Street protests in 2011 and 2012 and then amplify that by years of pent up … Continue reading →

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