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        <title>Bankers Push for War on Iran</title>
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        <description>When JPMorgan Chase CEO Jamie Dimon recently branded Iran a nation of “bad people” deserving military punishment, economist Richard Wolff saw something deeper. “Are the people who dominate our economy any different, really, from Donald Trump?” Wolff asked. “Pathetic is the only word to describe it.” The numbers explain why. During the first quarter of 2026, as the attack on Iran intensified, JPMorgan Chase posted trading revenues of $11.6 billion, the highest in its history. Citigroup’s net income jumped 42% to $5.8 billion. Combined profits for the top three U.S. banks exceeded $25 billion. Volatility is the banker’s friend. When war erupts, oil prices swing, uncertainty spikes, and clients rush to trade. “Healthy volatility,” as JPMorgan’s CFO put it, drives record earnings. This pattern is global and historical. Research across 179 countries found that during violent conflicts, foreign banks increase lending to the military sector by 24%.  CCTV quoted Wolff saying “American bombs bring nothing but economic backlash”, except for banks booking record profits. As Wolff concluded, the men who dominate our economy and those who start wars are “the same people.” Their priorities are simple: profit above all else. And nothing generates profit quite like war - the cornerstone of empire’s capitalism. #Iran #Capitalism</description>
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