Do you hear that? It’s the clock on the time bomb, and it appears to be ticking relentlessly toward our economic collapse.
It seems like every day, there is a new threat to the financial well-being of the disappearing middle class in America. Of course, less affected are the members of Congress and their buddies on Wall Street. You know, the ones that put the politicians in office to get favorable decisions made on their behalf in Washington.
But if you happen to have been ignoring the folks Obama calls “peddlers of fiction” who have been warning us all of an impending economic crisis along the lines of the last financial collapse, you might want to pay attention now, because a disturbing series of events is in motion.
First of all, the Fed just issued a terrifying warning to the biggest bank in the country.
Finally, the Fed has admitted that we just can’t take another hit without incurring an epic disaster.
And by “admitted” I mean they’ve issued a chilling warning to JP Morgan Chase, the biggest bank in America.
The letter is addressed to Teflon-coated Jamie Dimon, the leader of the bank (who seems to have made a deal with the Devil to become completely immune to prosecution, no matter what he does.)