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I have two pieces of info for all of you, so please take heed.<\/p>\n
#1 – Putin’s health seems to be deteriorating. He’s displaying signs of physical deterioration, including being unable to look normal, but appears to be on the verge of tossing his lunch in the Easter Orthodox church service.<\/p>\n
#2 – Jamie Dimon, the head of J.P. Morgan, has some sound observations, so please read what he’s said and take it seriously.<\/p>\n
Regarding Putin\u2019s health \u2013 either cancer (thyroid?) or possibly Parkinson\u2019s disease, both are guesses (not by me), but he appears to be experiencing extreme discomfort in the church service as well as his earlier meeting with his Defense Minister Shoigu.<\/p>\n
https:\/\/www.bolnews.com\/international\/2022\/04\/putins-bloated-appearance-which-included-gripping-table-slouching-and-continually-tapping-foot-has-fueled-parkinsons-disease-rumours\/<\/a><\/p>\n Frankly, in the brief video from the church service, he looks like he’s about to toss his lunch.<\/p>\n https:\/\/www.newsweek.com\/vladimir-putin-russia-easter-church-service-staged-tv-footage-1700586<\/a><\/p>\n Also, I found the following article, which you should also take the time to read.<\/p>\n Jamie Dimon (CEO JP Morgan\/Chase Bank) says Russia\u2019s attack on Ukraine will have long-term effects on the entire world.<\/p>\n https:\/\/finance.yahoo.com\/news\/jpmorgan-ceo-jamie-dimon-russia-ukraine-war-inflation-will-have-unprecedented-economic-impact-144013061.html<\/a><\/p>\n I do believe that supports my view that the markets will slowly start to tumble, and possibly become a cascade. It has happened before, and while I\u2019m no expert, I\u2019ve seen this before with the housing bubble in 2008: a feeding frenzy followed by a disastrous \u201chouse of cards\u201d crash that was the result of using credit default swaps certificates as back-up for supporting bad mortgage loans. It should have been a warning, but people forget these disasters almost as soon as they\u2019re \u201cin the past\u201d and not current. Everything is overpriced at this point, whether it’s gas at the pump or those crispy crackers you like to munch on with some cheese, or even something as simple as a 1\/2 gallon of 2% milk. We’ve all been through a disastrous debacle of financial stupidity, but this is something that you should be aware of. I know that I pound the drum a lot on stocking up, but it’s better to have a stocked pantry and cupboards than to open those doors and find nothing.<\/p>\n Whatever is coming, it just might gut the invisible money known as Bitcoin, which is digital dollars attached to digital currency, an electronic poker fame that should never have been allowed to start. And the people who are in it now are not going to be smart enough to get out when they should.<\/p>\n From Yahoo article:\u00a0 To quote Jamie Dimon (CEO JPM\/Chase):\u00a0 <\/strong>Russia\u2019s invasion of Ukraine and penalizing sanctions against Moscow have roiled financial markets and wreaked havoc on global supply chains. And JPMorgan CEO Jamie Dimon thinks the worst is yet to come.<\/p>\n Dimon warned in his closely-read annual letter to shareholders<\/a> on Monday that Russia\u2019s ongoing invasion of Ukraine is expected to meaningfully slow the U.S. and global economy.<\/p>\n JPMorgan economists predict consequences from the war and resulting sanctions against Russia will reduce the country\u2019s gross domestic product (GDP) by as much as 12.5% by the middle of this year. The potential spillover effects have also led the bank to cut its forecast for the rest of Europe, with their GDP projections now at an annual rate of 2% in 2022, compared to the pace of 4.5% economists had expected just six weeks ago.<\/p>\n Meanwhile, JPMorgan estimates the U.S. economy will advance roughly 2.5%, compared to the institution\u2019s initial forecast of 3% \u2014 but Dimon cautioned in the letter that forecasts were based upon a \u201cfairly static view\u201d of the war.<\/p>\n https:\/\/finance.yahoo.com\/news\/jpmorgan-ceo-jamie-dimon-russia-ukraine-war-inflation-will-have-unprecedented-economic-impact-144013061.html<\/a><\/p>\n The reason I included this article here is that you are all smart enough to know when things are starting to go sour and take such warnings seriously. We’ve already had to put up with a lockdown that could have been handled better.\u00a0 The ongoing war on Ukraine was instigated by an egocentric jerk who could have done a deal with Ukraine for access to the Black Sea ports. Now Putin, as of this morning and per Bloomberg’s news, has cut gas to Poland and Bulgaria until he gets paid. I do not know what kind of deal he has with Germany, but GazProm also supplies gas to Germany and other Eurozone nations. He may be planning to do the same to other “customers” if he can’t have his way.<\/p>\n