The CEO of one of America's largest banks is worried inflation will remain problematic for a while longer — and he thinks there's a growing chance of a recession. Goldman Sachs CEO David Solomon said in an interview with CNN's Poppy Harlow that people need to "prepare for an environment … of higher inflation." #CNN #News
Goldman Sachs CEO thinks inflation will go higher
Is this the same Goldman Sachs, U.S. taxpayers had to bail out back in 2008?
Yeah the same one Barack Obama bailed out
Whatever Government Sachs says do the opposite.
Privatization of profits and bailouts by taxpayers money when in trouble !!!! They are geniuses !!!!!
Then pay your fair share. We won’t be here if if wasn’t for rich people overcharging for every item.
You are very right!!God bless America
“I’m doing God’s Work”
– Lloyd Blankfein
1 Leonaza7 Fuk what you saying it here 😠 https://www.youtube.com/watch?v=8zrfSK6pnpQ
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
Tax anyone?
God forbid poor people get some stimulus money while the rich are milking the system day by day.
The stimulus money helped cause inflation
@Upper 90 Who told you that utter nonsense?
@Republican Taliban I said it wasn’t the problem, then neither was “giving trillions to the rich.” This particular CEO is being honest and on the right track. You should listen to him and not political partisans.
@SourDoughBill your denial is hilarious, good thing only 28% of America agrees with you.
@Upper 90 Truth be told, your ignorance isn’t so much hilarious as it is sad, and for your edification, appeals to popularity are a fallacy of logic.
You’re fine as long as the stimulus goes to you and corporations! But oh it’s bad when it comes down to help the American people go fly a kite
Whatever Government Sachs says do the opposite. 🤣🤣🤣
China’s nominal GDP is currently 18.6 trillion dollars and if we add GDPs of Taiwan Hong Kong and Macau it’s 19.8. This GDP will increase to 21.3 trillion at the end of 2022.
The US GDP will shrink from current 23 trillion dollars to 21 trillion in 2022 due to the ongoing economic recession.
@B Bodziak I totally agree with you. Trump made a stupid decision because he is illiterate in economics.
@Team Tryxgg Yet we had a much better economy under Trump than Biden.
@Bradyn Lotterman I totally agree with you. Nice to have 11 likes and 11 replies.
His first priority is to get his yearly bonus and bump in salary.
True
Making the price of everything to go up further – rendering that pay raise useless.
What about home values along with low interest rates driving inflation🤔. Nah can’t be that🤷🏾
1 THE FACTORY FITNESS AND PERFORMANCE Fuk what you saying it here 😠 https://www.youtube.com/watch?v=8zrfSK6pnpQ
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
Corporate profit margins are at their highest point in 70 years. Corporations are trying to blame inflation on stimulus checks etc.. Meanwhile, they’re overcharging us for gas, medicine, and groceries, and pocketing the difference. It’s a racket.”
@こく月X Unfortunately, that’s called late stage capitalism. But, nope, it’s not right.
@Legofan4ever88 👍🏽
the Campbell soup syndicate met up with trump is at it again right??? those damn spaghetti O mafia!
not a surprise when he actually has the power and money to make it happen.
That’s both not true and petty.
@SourDoughBill like your chan lol
https://youtu.be/YatAytP-3_g
Its finally here yes
The government took in $32 billion because of the tariffs the last administration imposed. Who paid for that?
Yep, average family in the IS paid an extra $500-1000/year because of china tariffs
In 1980/81 when interest rates hit 20% that was a doubling from 10% for say mortgages. What people did when their mortgage payment went from $500 to $1000 per month, they threw their keys in at the bank. They could do this cuz you could rent a decent place for $400/mo. If mortgages double from 2.5% to 5% now, people who were all in at $1500/mo will do the same BUT they will not have affordable clean housing to go to as rents in metropolitan areas run $2000 – $3000. If the brakes are not applied you will see homelessness skyrocket with people living in their cars.
They had interest rates low for two years before covid hit and they had to lower them to near zero, that they kept till this year. That’s four years of low interest rates just printing money.
@сокрушитель троллей Wrong since 2008. They gave the keys to the United States treasury to the corporations. In my opinion it happened before that. This was just letting everyone know, yes, the game is rigged.
All those people living in their cars will move to DC to ask for help.
“Chaos reigns, and instead of showing compassion, I need to paint my yacht more than that person needs to live.”
You speak the truth,Mr.McGuire.
Sarcasme?
I worked for my boat for over 25 years. It’s more important to me it gets a new coat then a criminal spending money on drugs. If I was silver spooned I’d agree. But in reality you just play the victim throughout life. Want something nice go to work for a good while and save like a responsible adult. Wanna be the same stay were you are and keep letting time pass. Times the only thing I’d give all my money up for.
Every comment we make someone is working hard quietly making 100s of thousands a year.
@Slothy All of my investments lie in the hereafter. You make yours, I’ll make mine. Let me know if you find a way to take all of it with you when the time comes. The Egyptians tried it.
This is one man that is making it happen.
no way it could be the trillons that were just spent …. naw
@sean bragg ya, 7 trillion over 4 years of trump…. you are right about that.
People fail to realize inflation is cyclical in large part because – at a certain scale – it makes debt easier to pay off – there are other factors, sometimes not foreseen, but, in aggregate, is it the plan of the extremely wealthy, corporations, and governments with deficits – transferring wealth from the poor and middle class to them.
1 DwayneShaw1 Fuk what you saying it here 😠 https://www.youtube.com/watch?v=8zrfSK6pnpQ
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
1 DwayneShaw1 Fuk what you saying it here 😠 https://www.youtube.com/watch?v=8zrfSK6pnpQ
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
Yeah because CEO’s like him designed it that way 🙄
I have $41 for the next 8 days. I feel so much empathy for his situation. Being down to your last $41 million is harsh. I don’t know what I’d do in his situation. Myself, I’d buy food.
https://youtu.be/YatAytP-3_g
Its finally here yes
https://youtu.be/YatAytP-3_g
Its finally here yes
Can’t fill the gas tank but should buy a new Tesla…. Used ones going for more than new currently…. Winning?
Oh.. And he’s actually worth $82 million
CEO: Yeah too much stimulus for the people.
US Citizen: And to many tax brakes for CEO’S and big American companies that make records profits?
CEO: We’ll now hold on a minute, let’s not go crazy.
1 Cameron Lopez Fuk what you saying it here 😠 https://www.youtube.com/watch?v=8zrfSK6pnpQ
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
As long as big corporations get major tax brakes and are allowed to charge whatever prices they want the rest of us are screwed. Especially those of us who are retired and on a fixed income or earning barely enough to cover the bills.
1 Hiker Biker Fuk what you saying it here 😠 https://www.youtube.com/watch?v=8zrfSK6pnpQ
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
I agree totally. I’d love to change places with him for 6 months. Live just like us. Paycheck to paycheck, no investing no 401 as not everyone has thoughs NOTHING and see how he likes it.
*•Despite the economic downturn,I’m so happy☺️. I have been earning $ 60,200 returns from my $7,000 investment every 13days.*
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I just withdrew my profits a week ago, it was so shocking when I withdrew $32,450 knowing I invested $3,000. I wish I could reinvest but, too much bills 😩
I’m a long term investor. I withdraw my profits of over £56,000 during the covid-19 pandemic
Long term investment is the best now. I invested $6,500 in march last year with SCHWAB’S Co-operation and i top up my trade with $500 every week. Now, I’m having over $147,345 on my dashboard. Toping up your trade is really important..
I just looked him up on google and he’s a licensed broker, I am contacting him right away, thanks
Since his bank is failing and people are already betting on them going belly up, of course he would love for everything to follow suit. This is corporate greed creating opportunities for themselves and have an excuse to price gouge. NO BAIL OUT THIS TIME!!! Survival of the fittest for banks!