Sunday, April 12, 2015

Top Bankster: Be Prepared for Greek Exit From Euro

“We must be prepared for a potential exit,”  J. P. Motgan Chief Executive Officer Jamie Dimon said. in his annual letter to shareholders. “We continually stress test our company for possible repercussions resulting from such an event.”

Dimon highlighted what he said could be the eventual positive side of a Greek departure, following a period of “initial turmoil.”

It is possible that an exit would “prompt greater structural reform efforts by countries that remain,” he wrote.

1 comment:

  1. I've said it before and I'll say it again. The Banksters will only accept a Grexit if they can figure out a way to socialize their losses. With this kind of talk from JP Morgan, they must have figured out a way.