Re:JPMorgan says the U.S. is probably headed for a recession
by dragonwriter on Wednesday March 22, 2023 @01:41AM
(#35257253)
> This is the first time the US gets challenged on multiple fronts from multiple actors.
Its not even the first time since the end of the Cold War.
> The US dollar is being challenged from multiple fronts and one of them is Crypto. (though also the fact it’s being mismanaged by its own creators is not helping either).
So, I’m just about a half-century old, and since I became politically aware – which was pretty young – I’ve been hearing that exact line (except with something else, usually “Gold”, in place of crypto until recently) continuously that entire time.
Its not even the first time since the end of the Cold War.
> The US dollar is being challenged from multiple fronts and one of them is Crypto. (though also the fact it’s being mismanaged by its own creators is not helping either).
So, I’m just about a half-century old, and since I became politically aware – which was pretty young – I’ve been hearing that exact line (except with something else, usually “Gold”, in place of crypto until recently) continuously that entire time.