JPMorgan CEO Jamie Dimon on China, US Debt-Limit, AI
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- Опубликовано: 30 май 2023
- Jamie Dimon, Chairman and CEO at JPMorgan Chase, discusses his outlook for China, the latest on the US debt-limit deal and the role of artificial intelligence. He speaks with Stephen Engle from the sidelines of the JPMorgan Global China Summit.
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Jamie Damon has a sharp wit and a smooth diplomacy that make him an exceptional business strategist.
..and his bank had close ties to Epstein.
Jamie Dimon needs to be in jail for his connections to Epstein. Turning a blind eye to the accounts Epstein held at JPM.
One of his ships had a ton of Cocaine on it recently. He is a crook
@@fidlaf1 🤣🤣
He also loved visiting his chum's island, Epstein, where children were abused, and likely MUCH worse. You, clearly, are a moron.
Yup
He's a great patriot, bagged 2B from the taxpayers on the First Republic deal :)
yes, and he is helping preppers stack PMs for less by manipulating the metals market, so there is that...
@@ShannonRamos dont forget the heavy snacks.
Isn't it weird that an American can proudly proclaim their patriotism, but if a Chinese person does the same, they're immediately labeled a nationalist? It's like the rules of nationalism are different depending on which passport you hold. 🤔
of course, it's called hypocrisy which is prevalent around the world
It's quite silly
It depends on which country you’re in. We’re not unique
Cus china is no good CCP
He is confidently standing on his ground，whatever the geopolitical arguments are. People shall have that gut in their own life.
Shame on Bloomberg. Repeating the same question in order to direct the conversation to his view. Jamie is smart.
Jamie Dimon is the Lamont Thomas of JP Morgan Chase who guided us clear of our 1929 stock market crash, He's cool, collective and intelligent.
Why did you change the order of his name and he didn't do it alone so I dont know why you're giving him credit like he did. You're idolizing a man who is shady at best.
@@aliencitizen1670 The OP may be a shill.
he merely capitalised on his connections with the the creature from jekyll island...... ;)
Jamie has mastered the ceo jargon; say a whole lot of nothing and leave the room Smokey
You just gotta hit the ground running and spear head a move towards a faster and learner economy.
@DarwinAward yeah I was being sarcastic haha
The guy talk around the subject never commits to anything, other than he is so great as he became the billionaire ceo via on wages and bonuses.
Very good! Fair and balance views ! Great CEO and business leader 👍👍👍
He didn't give a single straight forward answer 😂 what a terrifying skill 😂
Thats why he has the position he has
You're a moron. What company or business did you make successful?
Let’s go over some history. When the WWII pacific war began, what does the Japan 🇯🇵 provide information to US policymakers? Definitely not the situation that everyone is foreseeable. My humble opinion is JP is retreating from China 🇨🇳. Quite opposite of what he said about.
@@avarig Your english sucks. Please stick to what you know
People need more interaction between these two countries
The World needs more Jamie Dimon’s.
His leadership, mindset and experience are exemplary.
I have a thousand+ questions for this man. His authenticity is incredibly refreshing. Super sharp!! ❤
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
@@sherryie2 My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. Haha.
@@corrySledd For real, I've wanted to switch to a wealth manager. Please, could you recommend yours?
@@McElvinn My advisor is NICOLE DESIREE SIMON, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@@corrySledd After locating her, I composed an email and arranged a phone conversation. I'm optimistic that she will replies.
Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank ❤
Love all the Jamie hate in the comments - glimmers of hope for the future of humanity
Amen!
Perfect example of how media would like to start something! He could be as encouraging as Jamie but instead is looking towards doom!
Gracias Senor Dimon. Thank you.
In short he wants to say, we need Chinese, we must collaborate, businesses are in good shape but they won't be once monetary thinning come. Expect difficult times
Jamie is extraordinary, exactly the kind of leader we need in these challenging times❤
Pull your head out of his ass
There are good interviewers, and there are bad ones
Wdym
This CEO is super patient!
Major player in the bank cartel.
End the Fed!
Sith Lord interview
Really tough questions
You benefitted quite well also manipulation at it finest be honest Jamie
I agree with Chairman Dimon. China has lots of problems, both short and long, that needs to be solved. China is not monolithic (even in imperial days) as people thinks. China is a very diverse and complex country in every respect, even perhaps more so than Europe with their language diversity. This diversity needs diverse advices and inputs from all that are willing. Jamie Dimon, being who he is, sees that and went onto the spot to see what he and his firm can help. An exceptional business strategist and statesman.
Nobody wants the coupling, we all want the world back the way it was and open travel and sharing culture and life
My Lai Massacre revealed the insidious nature of United States.
The My Lai Massacre was a mass killing of unarmed civilians by the United States that took place on March 16, 1968, when United States invaded Vietnam.
It is estimated that between 347 and 504 Vietnamese civilians, including many women and children, were killed in the massacre.
After the Massacre, United States's attempts to cover up the massacre further revealed the evil nature of United States.
The military industrial complex will destroy this country. -Eisenhower
The suffering never ends. The wars only serve oligarchs like this one. That's why we are in Ukraine
10:30 National Security is supreme. CBDC is Ultimate Control.
America says one thing and does another
lol
*every country in the world
Dimon was was starting to get annoyed mid way through the video lolll
Thank-you
The 2017 Mosul Massacre revealed the insidious nature of United States.
March 17, 2017, in the city of Mosul, Iraq, United States killed over 100 civilians, including women and children.
After the Massacre, United States's attempts to denied responsibility for the civilian deaths further revealed the evil nature of United States.
We are a failing empire desperately trying to stay in power. I am ashamed by the shear violence and madness of my country.
De-risking:They're garbage like that
Amazing questions, tough questions and both conducted themselves well
CROOK!
I think he is a very good and godly guy. Look at his eyes and face. Just, kind and honest
Thankyou so much for contact
Jamie Dimon says he is "red blooded and free-enterprise capitalist". That means crony-capitalist. He should be at least brought to the court because of his role in the Great Financial Crisis.
Yeah, he should. And he is doing the same shit again.
American money as a secondary currency and Yuan makes 100 percent gold
My brother and his girlfriend stole my stanford shirt most likely stole my hat too
How do you prepare for the possible sanctions?
You mean the 1700 Chinese companies that have been sanctioned by the US? Don't worry about them, this only boosts their domestic trust and popularity
Does the FED control JPM or does JPM control the FED?
If you don’t know corporations run America then …
Last anyone checked in history Jp Morgan was known for his Gold not credit.....
Dimon is a highly intelligent snake. He is NOT a free market Capitalist, what he is, is a Corporatist 😁
Well I thought he was a democrat so then he can't be a free market Capitalist, I don't think lol
I would think capitalist is doing everything you can to earn money. He's doing that exactly, lol
I have no doubt that the CCP is paying him kickbacks to have him invest American's hard earned money into China's collapsing economy. What does he care if it's not his money he is using.
@@tianchenxiong6223 As a fiduciary, taking unwarranted risks with his clients money is NOT what he is supposed to be doing... He might as well just take customer's money to Vegas and gamble it all there. At least all the money he loses will stay in the U.S...
WEF globalist, notice his nod to Kissinger
“I am an American patriot I do what my government tells me to do.” What a PoS.
There's a lot of excess liquidity that needs to be drained out of the system. It will take a while.
Does jp morgan talked to kyle nass lately?
National security is concerning is global issue.
I should probably bake pickle a cake and give him Hawaiian punch ..... where is pickle?? 😅
He was blinking a lot at 10:42
Jamie for President !!!
Eating fast food with the man who abandoned me is impossible i fucking swear
who is listening to this goon :D
Can anyone see the FRUSTRATION on Stephen's face when Jamie tells him he doesn't agree with what he said? Stephen, Go and Get an education!
Jamie was dodging the questions and the host just wouldn't let go....
Jamie dimon is Jamie dimon lie and lie
Bloomberg has this nauseating China bashing proclivity which slants so much the news that it undermines their credibility
I started buying some more stocks at the beginning of the year, but nothing big. Why am I treating this so harshly? Despite others in my sector earning six figures apiece, I'm driven to become the first person in my polygamous family to reach a million dollars. I am well aware of the costs associated with working more to get more money.
The top experts, however, have access to confidential information and data that is not made available to the broader public. Being knowledgeable enough to use them successfully is quite another. Big returns, not changing stochastics, are the key. Rewards and risks must be balanced. To reach your aim, pick the right size and turn your edge as often as necessary.
I concur; I've been in frequent communication with an investing advisor for more than 17 months. I definitely remember needing inspiration to keep my business running after a protracted divorce. I researched licensing consultants, sometimes known as portfolio coaches by some.
In light of the significant decreases, I'm in need of advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this teacher?
my advisor is "Jackson Sten Marsh" is a highly respected financial consultant in the industry. For further information or to connect with him, a simple online search with his name will suffice. I wish you every success in your endeavors
He has an impressive profession and impressive qualifications, so I can see why he is so busy. I thus quickly copied Jackson full name and entered it into my browser.
Just keep repeating "AI" Bailout Boy.
why conduct interview when u have your very opinionated already
I disagree, i have disinvested $ in china as long as they disregard human rights. I am a defender of human rights. Chinese citizens deserve true freedom. I refuse to turn a blind eye ! I am a human rights defender worldwide - Dont risk ! your future business credibility for $ or unethical immoral profits $ This will have a lifelong ripple effect ! Pro democracy activists have my respect and public support. What do you stand for ? JPMorgan ? I will advocate for real change $ Our entire world civilization must be liberated and free from all dictatorships worldwide. I share this to enlighten, to speak out openly publicly to eliminate any misconceptions on my own individual ethics values. This is not diplomacy ! Respect Human Rights !
Dimon should take a long walk off a short plank.
Very impressive man.
More supervirus bioweapons waves coming to Asia? Probably
Let me add on a bit to my previous comment. Not many people nowadays ( even Chinese meaning those born within the last generation) know or even understand the main stream thinking of China throughout its history, which is 「大同」, and achieving which has been the reigning gauge of rising and falling of dynasties throughout Chinese history. This is how complex to pull and rule China's diverse ethnicities and cultures can be. KMT under Dr. Sun and Chiang couldn't do it. CPC under Mao and Deng had barely achieved it with lots of help from US starting with Nixon. In my opinion, China still has a long way to go to achieve 「大同」. So that's the background and I think Jamie Dimon may have sensed the opportunities going forward. My view.
Jamie best to converse overseas.
He is in the Mainland Mandarin Speaking China
Gudmornin Bloomberg & all, I wanted to comment Dimon's interview addressing the latest JP Morgan's efforts on trade talks, in regards, China's robustous economy, as Americas struggle to deflate inflation is all-time at the highest record. Arguably, midterms couldn't be more critical, as I mentioned Dimon's ideas preludes bank's capital is expected to fulfill the Federal Reserve? Facts, I'd be lying, but President Biden constant efforts to interfer with Ukraine, quote Dimon, "granted we'll recessitate functionality without a new scale, a record high maximum trillion dollar debt.
Lmfao...."respect each other"...China?? 😂😂😂
If I would have known that before...gosh, and I made such a fuss over my MBA programs at Oxford, Imp., Booth and fintech, trading and blockchain programs at MIT and Harvard. You could have told me that at your HQ in London that Baumschule was good enough for you as CEO level.
All this guy cares about are fees.
Hes going to be short on anything that he can then buy up and sell back to the market charging more fees.
Im not sure... did he say anything?
Debt has it's own limit, but not when the debt is used to pay the debt(bad).
This is why?
Debt=50T Yield=8%
Debt(1 Year)=1.08^1*50T=54T
Loan=500T Yield=8%.
Loan(1 Year)=1.08^1*500T=540T.
Extra=Loan-Premium
Extra=500T-400T
Extra=100T
Insurance:
Premium=400T Yield=18%
Payout(30 Year)=400T*1.18^30
Payour(30 Year)=57300T.
Cashout=? Yield=8% Year=30
Cashout=57300T/1.08^30
Cashout=5690T
Balance=Cashout-Loan-Debt
Balance=5690T-540T-54T
Balance=5096T.
Thank you.
Dimon is spot on. Amazing how much energy he has. And a financial and emotional IQ off the charts. Hopefully, China opens up more to Americans both tourists and investment. Are there Chase banks in China?
No, there aren't.
@@Waingro808 Thanks for the info.
No but i think you can still use chase cards when traveling there
Yes of course there is JPMC presence in China and doing well.
@@kirkli1073 The question was about 'Chase banks'. The answer is no. There are no Chase retail banks in China.
9:25 wise answers and we’ll said.
decoupling and derisking has the risk of derailing but ok at the cost of train wreck
What do u mean
9:04 Stephen tries to drag Jamie into the doomy hole with him... LMAO.
Caught his djay session last night qt 130 am.
How much of his investors money does he have tied up in China? Think about that for a second. He can’t just pull out because that would be devastating to his company. He will say whatever CCP tells him to say. I’m sure his PR team ran his speech by the communist leadership!
If you think he need to pull out of China, he is probably thinking of how to divert his investment away from dollar.
@@ericshang7744 You do realize that there is Quantitative Tightening happening at this moment and liquidity is evaporating? What I meant to say is that if he tries to unload his Chinese assets he will get cents on the dollar. Dollar for short term is great in this QT, Chinese Yuan can’t be trusted because it’s run by CCP and they don’t have a great track record. Gold is the only other possibility but it’s price will drop as the value of the dollar goes up. Long term gold for sure to keep your purchasing power. China is not looking good, with their aging population, housing collapse, and corruption being rampant throughout the country. Also not to mention their unemployment is way too high at the moment and will only get worse as the western countries diversify away from China to India, Vietnam, South Korea, Philippines, and so on. If the Chinese factory sector take a 50% drop that will be catastrophic for China as a hole, that’s a fact!
Well sounds to me he is more afraid the US public canceling him and had to reiterate multiple times that he's a true patriot and will do whatever the US government says
@@ChrisZ901 Of course he’s scared of the people as well as the US government. He wants peace so he can keep his power and money. If relations deteriorate he will lose his position and a lot of money!
He's a very smart guy
Jamie Damon for president 2024!
Horrible interview. The host is talking most of the time. He doesn’t know how to conduct an interview
He's question is very good.But Demo answer it with little angry Because he know the risk in China
The interviewer pushed him but also gave him a chance to make his points Good interview
The interviewer seems to be advancing an agenda rather than obtaining information from Damon!
I am a bit concerned since i have screenshots of death threats
Good morning
Good interview, however a little short on details😁🤓😎
God I wish we could get Jamie to run for president
Wow USA in a complete mess and free fall. Biden passes a deal to remove the debt limit without making any saving cuts. He’s kicking the can down the road so the next president is left with all the bad news and tough decisions. Day of reckoning still to come with sky high inflation
They all want to run for president so as to avoid prosecution... they'll hope to pardon themselves
Jamie Dimon for President? The word delusional comes to mind…the bubble of Hampton cocktail parties is strong with this one.
What is crazier than Jamie Dimon for President is that tomorrow Mike Pence is going to announce his candidacy. Chris Christie is also going to jump in. That'll make one helluva splash.......
Doubt if he wants to run. He turned down a post with Trump
@@oscarrlee18 Thats probably because Dimon doesn't want to take orders from anyone.
The one true diplomat from the West.
Make him out CEO JP Morgan
We need to break-up too big to fail corporations
You put the growth total of G7 nations together and it’s still way less than what China contributes to the world economy each year
🤣🤣🤣🤣🤣🤣🤣
Er, whatever statistics you are reading are wrong or you're not reading them right.😂
That's not how it works. The USA in 2022 grew by 2.2% of 25.460 trillion so that comes to total growth of 560 billion. China in 2022 18 trillion with a growth rate of 3% which comes to 540 billion so the USA in 2022 grew more than China by 20 billion.
Lol, Chinese growth is all fake. Everyone that follows China knows this. China building ghost cities and bridges to nowhere using debt to pump up their GDP isn't helping anyone, especially not the Chinese people. The only thing China contributed is debt. Regardless of anything they do economically, they have been aggressive towards every country on earth. They have border disputes with every country they share a border with. They have maritime disputes with every country in the South China sea. They have promised to start WW3. A lot of countries traded with Germany before they started WW2. They contributed to the world economy right up until the point where they destroyed it.
@@saintgermain1716You're laughing but numbers don't lie 😅😅😅
Jamie Dimon is definitely pro money; not prop America.
Damm...he didn't like the answer so he asked the same question hoping he will answer what he wants to hear..but no....
After he completes the purchase of his last u.s. bank he goes to China for a "vacation".
JPM received the first contract for a foreign company to trade securities in China.
JP Morgan Chinese asset?
نحن الان في نظام ٧٨ والان متواجدين في رقم 5
The host is ridiculous. he tried so hard to change the CEO's views, especially the ones on China.
Mr. Dimon was compelled to partake due to China's lack of capacity in opening and running large tech companies. Wall Street bankers, including JP Morgan, were invited to participate and profited greatly in the initial years. However, Chairman Xi's decision to curtail the tech industry has forced Mr. Dimon to reverse his gains. Now, he is desperate and needs to face them directly to show that even the largest US banker can humble himself if necessary.
Don't cry, DonRua. 😂😂😂
@@jimmystar6730 since when a prof would cry when a numbskull student doesn’t want to learn?
Your ability to make up BS is very high. JP Morgan can do whatever it believes is correct and good business. It is not beholden to the Military Industrial Complex like the interviewer. You have ZERO knowledge yet are so eager to spread lies.
China cant operate large tech company? You must never heard of Tencent or Ali Baba.
@@Seramics They had no idea. Chinese has no ability to initiate, they are experts in copying. Wall Street bankers, SoftBank, and other international giants did most of the foundation and own 25% of all major Chinese tech companies.
we in recess