Tomas Philipson dissects Bank of America’s CEO’s warning about economy



Former White House council of economic advisers chair Tomas Philipson dives into Jamie Dimon’s warning about recession on ‘Fox Business Tonight.’

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34 comments

  1. "Things work out best for those who make the best of how things work out." —John Wooden

  2. Are we still debating if we're in a recession? (This is why fox and the gop never get anything done, we're still electing leaders to go to the senate and vote in cocaine mitch.)

  3. The government “handouts” was essentially the cheese 🧀 in the trap. I get messages from the IRS fairly regularly about changes they make to my tax filings, or to tell me I owe more, or that I may be “entitled” to a handout. It’s all a bunch of BS. The IRS enforces unconstitutional laws written by legislators who claim delegated authority which you and I have no inalienable right to delegate. The inalienable right to steal from other sovereign individuals doesn’t exist so therefore cannot be delegated to government.

    We are all suffering from the crimes committed by individuals of government. The corruption in government used money it stole from us, either by direct taxation, or inflationary monetary counterfeiting, to fund the research that resulted in COVID, and which in turn was deliberately unleashed on the world so that criminals in government could steal our inalienable rights and wealth while simultaneously destroying economic resiliency. Can you say EPIC crime?

  4. The recession will be worse than you think..get a clue

  5. Oddly never any mention of the DEflationary pressures on the economy

  6. BOA is a criminal enterprise, make no mistake BOA is a money laundering business

  7. Stores and small businesses are closing due to economic conditions… and mass layoffs. There go the jobs.

  8. DO NOT BE FOOLED ALL THE SAME ELITES AND THEIR PUPPETS THIS IS HOW THEY STAY IN POWER AND KEEP YOU UNDER CONTROL AND BRAINWASHED INTO BELIEVING THEM AND THEY ARE ROBBING AND CONNING YOU…
    👆👆👆

  9. If you mute the sound it looks like he's yelling at you 😂

  10. 3:19 Thank you for making the super basic point about job participation that almost all anchors can't seem to grasp.

  11. Dems double-crossed their voters.

  12. Don't expect or rely solely on raising interest rates to solve the inflation problem.

    It means incompetence and irresponsibility.

    People are watching what efforts the United States, Biden, and the US Congress are making to address inflation.

    Officials, including Biden, summon businessmen active in the real market and listen to their opinions.

    And visit the field and listen to the voice of the field more deeply and closely.

    Never stay in the tabletop theory that hovers in the air.

    All crises can be resolved only when you feel them vividly through your skin.

    Instead of belatedly reacting to a crisis and bragging about how well you did, prevent a crisis in advance.

    A person who does that is a wise person, and people recognize him.

    In any case, make sure you don't lose your cow and fix it in the field.

    Prevention is always better than cure.,.

  13. It was a very wise decision for the Fed's Jerome Powell to cut rates and push for stimulus right after the pandemic.

    But now people like James Bullard are repeating irresponsible comments.

    Gathering politicians and public opinion, we need to get rid of people like James Bullard immediately.

    Is there anything wrong with America getting investment from its own people and people from all over the world?

    Trust begets trust, and distrust begets distrust.

    We believed the Fed would understand where the US was going and a smart strategy, but now that belief is being shaken.

    What does the United States want to do now, and in which direction does it want to go?

    We must remember that everything we do is to make people happier and stronger.

    Do not step back from the flow of history…

  14. 当年奥巴马当选时曾有位名响国际玄学大師公开发表说:奥巴马不利美國!事实已证实了!他在任时已别有野心将自己心腹爪牙安排在司法部长FBI等政府各重要机构任掌权职位!他们合伙狼狈为奸!只会利用权利用非法手段去图私利!而完全不顾國家和百姓安危!最可耻是他们利用职权执法切违法!用无中生有颠倒是非!栽赃!里通外国等极可耻下流邪惡手段去陷害忠良!另一方面面切成为这些黑政客的保护纲任他们违法胡作非为!这也是造成美国走向衰败的主要原因!也成了國际上最大的丑闻!也让全世界人都看清楚.所谓世界民主灯塔的美國现腐败政府丑恶真面目!

  15. Dildo Blinden lets go Blinden

  16. Banks the GOVERNMENT, and money have in common?
    You are a piece of paper that means nothing to me.

  17. America had a good deal with Trump and now we're stuck with Bozo Biden.

  18. If 75% of Americans believe we are in a recession how was there not a red wave it makes no sense if Republicans don't get rid of this mail in ballots scam they will be done for in 10 years under no circumstances should an administration with as many failures as the Biden administration not have gotten wiped out in the midterm. In Florida Desantis put a stop to the cheating and you see how that went

  19. " not able to buy as much." Like food and paying rent or mortgages.

  20. This host saying The wealth is something you accumulate through your work that's funny He gets paid off a contract from overcharging companies for marketing

  21. Perfect time to increaee wages then .. No more excuses.

  22. I dissected this report and found it stupid.

  23. A recession is when your neighbor loses his job. A depression is when you lose your job. 😀

  24. Banks and CC companies are Ponzi schemes anyways. They lend out money they don’t have to millions of people.
    I mean I did my research on how this all started. It just amazes me they can keep getting away with it.

  25. Great recession is coming. Enjoy madness and destruction of Bidens regime of left wing lunatics and their insane policies.

  26. If B of A Says it gonna be shallow; Then I’m going to say deep n longer for many in ‘23; looking for fuel and energy to steady rise and cripple the middle more than most, with a side dish from the repo man by the end of 2023. Election’s are over and no reason to hide there pain anymore!

  27. BREAKING NEWS: Another set of classified documents were found today near Mar a Lago. These documents must've been especially valuable, because Trump hid them in a storage unit. Indictment coming soon!!

  28. Thanks Joe for a lump of coal. Maybe I can go to college for my retirement job

  29. 2023 is going to be bankruptcy for many.

  30. I trust banks about as much as I do the government.

  31. We’re headed towards DARK TIMES.