Trials & Tribulations of King Donald

This revolution will be televised.

Newsweek: JP Morgan CEO Warns Businesses Are Going to Default on Loans

Posted on April 10, 2025 by M

As financial markets reel from a new round of tariffs and bond sell-offs, JPMorgan Chase CEO Jamie Dimon issued a stark warning that credit problems are mounting and corporate loan defaults may soon follow.

In an interview with Fox Business on Wednesday, Dimon said rising interest rates, sticky inflation, and widening credit spreads are setting the stage for a wave of financial strain among U.S. companies.

https://www.msn.com/en-us/money/markets/jp-morgan-ceo-warns-businesses-are-going-to-default-on-loans/ar-AA1CChvT

Business Insider: 17 Teslas destroyed following blaze at Rome dealership

Posted on March 31, 2025 by M

A fire broke out at a Tesla dealership in Rome early on Monday, destroying 17 cars and damaging the building, firefighters told Business Insider.

Emergency services were called to the site in Torre Angela at about 4:30 a.m. local time, they said.

No injuries have been reported and investigators haven’t specified the cause of the fire, adding investigators were looking into multiple causes, including possible malice.

Possible malice?

Imagine that!

17 Teslas destroyed following blaze at Rome dealership

17 Teslas destroyed following blaze at Rome dealership