For whatever reason I’m unable to respond to the response to this, so I’ll put this here: > Bankers generally put out analyses like this to convince would-be c

For whatever reason I’m unable to respond to the response to this, so I’ll put this here: > Bankers generally put out analyses like this to convince would-be clients that their firm can make them money by making smart predictions about the future. This is starting to sound like something from a fever dream. I pointed out that this man is advocating for increased homelessness and preventable death on the premise that increased homelessness and death will create more profits for existing and would-be customers of JP Morgan. So far, the responses have been: 1. No he isn’t advocating for death and homelessness at all 2. He just thinks it’d be profitable and is sharing his objective opinion in such a way that should not be construed as advice for existing or possible investment banking clients. And now… 3. He’s not advocating for increased homelessness and death, but if he were to come off that way it’s because -while he’s NOT giving advice- he’s written a form of advertisement that looks like advice to institutional investors in order to attract clients that would take his advice, which is entirely different from what’s been written in the article. It’s not an article advocating for homelessness! It’s an ad for a service that may or may not advocate for homelessness after you pay them! It’s entirely plausible that the author tells his clients to reduce foreclosures! The facts that he’s stated his opinion, is in a position to be taken seriously and is published by one of the biggest corporations on the planet are all coincidental and any criticism of his position should not be taken seriously due to the fact that he could be… what? Lying? Again, this is some slapstick nonsense. The sheer amount of words people come up with to avoid saying “I literally don’t care who lives or dies, or human dignity so long as my portfolio performs well “ is astonishing. Treating these sort of prescriptions (which is what this is, full stop) as some sort of magically objective, academic collection of facts is a form of mental gymnastics to create some distance between yourself and what happens to people in the name of your 401k. “It’s just an objective forecast!” is a binky to soothe a guilty conscience.