Running 7% deficit for marginal 3% growth is what us taxpayers need to concern about. Dimon and his kind need not to be concerned for anything since they are always bailed out by goverments on the back of taxpayers.
Hit the nail on the head. He scared that US might not go unscratched this time if Israel truly need US intervention. US debt to GDP climb to ww2 level not much room for war economy left when push come to shove.
Geopolitical conflict has to be the worst as without co-operation all other risks cannot be managed, thus with it you have GP conflict AND whatever other conflicts arise.
IMHO Dimon is and has been for some time gearing up for some entry into politics after he leaves JP Morgan. There is no other CEO on Wall St who 110% of the time gets asked about the current state of world affairs and geopolitics every time he’s in front of a microphone.
@@themusic6808 I can see your logic but he doesn’t told about whiteness, Christianity, patriotism, putting women back in the home, banning birth control, abortion or gay\mixed marriage…which is 99% of what the Trump party cares about.
Empirically speaking, ALL of the geopolitical stressors Dimon is most concerned about manifested themselves over the last 3.5 years. ALL of them …. can’t ignore that fact and can’t re-spin it. So, if we were doing a cause and effect analysis to reduce the probability of future recurrence…
1:21 at what point does chase refuse fund fossil like many international banks have started to do bc green energy is cheaper and fossil will go bankrupt and not be able to pay back new loans
Sigh. As if the climate crisis wasn’t the biggest existential threat to all of us and won’t both trigger but exacerbate all geopolitical conflicts and all socioeconomic challenges we already face 🙄
@@carolineneisha It's a very fair point, but really only on the resonates among the wealthy nations and some of those with low-lying settlements. Most of the prescribed actions on reducing CO2 emissions would limit or damage emerging economies. These are places that electricity in homes is already inconsistent. These are economies heavily dependent on tourism almost exclusively arriving by plane. These are economies with massive deficits in construction and infrastructure investment. There is a correlation between national poverty and insecurity which is much stronger than the suppositions about what climate change might do. Climate change won't necessarily mean droughts. Some places will get more rain (including damaging flooding). Ask yourself why it's Yemen in a brutal civil war with militants firing missiles at commercial ships and not UAE or Qatar.
How much has JP Morgan profited on the military industrial complex? This seems to be an important question to consider as one analyzes his comments on war.
Jamie trying to downplay what happened in Vietnam is something. Nixon went off the gold standard and never looked back. Bretton woods only helps the US and no one else and it’s amoral to do this to other countries. I am so sick of these bankers who have been bailed out time and again . WE MUST END THE USD dominance full stop and we r gonna hurt out of it but it needs to happen
History reapts but the pie just keeps getting bigger an bigger...wait till we start really exploring space ... mining the asteroid belt launch pad from mars...moon base...and so much more..we are on the verge of destiny......
The current political and economic structure has benefited JPMorgan, resulting in its becoming a behemoth banking organization. Of course, one of his biggest concerns is Geopolitical Risk. Any changes could mean the end or the beginning of a major decline for his firm.
THE MAN IS A SOCIALIST... He has taken untold billions of dollars from government. That is socialism. Bailouts are socialism. So-called redistribution of the wealth of producers.. is socialism.
Geopolitics is outside most of our zone of control or influence, but if you have a job or own stocks, it is definitely in your zone of concern and worth monitoring.
@@robertjamesonmusic DMakes no difference if it's Team Red or Team Blue - it's a Punch and Judy Show, same guy with his hand up both puppets to entertain the audience while Diamon and his ilk steal our wallets.
Running 7% deficit for marginal 3% growth is what us taxpayers need to concern about. Dimon and his kind need not to be concerned for anything since they are always bailed out by goverments on the back of taxpayers.
I agree with Dimon on something? Something is fundamentally wrong with the world.
In nutshell he is concerned about declining dollar dominance in future.
Hit the nail on the head. He scared that US might not go unscratched this time if Israel truly need US intervention. US debt to GDP climb to ww2 level not much room for war economy left when push come to shove.
lol. Uhh or maybe he concerned about a nuclear war with Russia ?!?!? How does the situation around the world not concern people more.
@@Mishk@Mishk Because Herr Putin is nothing but talk, and it's time to stop listening to the little rat-faced boy.
American taxpayers bailed him out.
He didn't see that one coming.
Geopolitical conflict has to be the worst as without co-operation all other risks cannot be managed, thus with it you have GP conflict AND whatever other conflicts arise.
Everything is clear and Real Absolutely, Geopolitical especially....
IMHO Dimon is and has been for some time gearing up for some entry into politics after he leaves JP Morgan. There is no other CEO on Wall St who 110% of the time gets asked about the current state of world affairs and geopolitics every time he’s in front of a microphone.
@@themusic6808 I can see your logic but he doesn’t told about whiteness, Christianity, patriotism, putting women back in the home, banning birth control, abortion or gay\mixed marriage…which is 99% of what the Trump party cares about.
For US national interests, profits are the biggest risk.
Empirically speaking, ALL of the geopolitical stressors Dimon is most concerned about manifested themselves over the last 3.5 years. ALL of them …. can’t ignore that fact and can’t re-spin it. So, if we were doing a cause and effect analysis to reduce the probability of future recurrence…
1:21 at what point does chase refuse fund fossil like many international banks have started to do bc green energy is cheaper and fossil will go bankrupt and not be able to pay back new loans
NATO gets into it, that's it...game on
Sigh. As if the climate crisis wasn’t the biggest existential threat to all of us and won’t both trigger but exacerbate all geopolitical conflicts and all socioeconomic challenges we already face 🙄
It's not. Geopolitics is.
@@carolineneisha It's a very fair point, but really only on the resonates among the wealthy nations and some of those with low-lying settlements. Most of the prescribed actions on reducing CO2 emissions would limit or damage emerging economies. These are places that electricity in homes is already inconsistent. These are economies heavily dependent on tourism almost exclusively arriving by plane. These are economies with massive deficits in construction and infrastructure investment. There is a correlation between national poverty and insecurity which is much stronger than the suppositions about what climate change might do. Climate change won't necessarily mean droughts. Some places will get more rain (including damaging flooding). Ask yourself why it's Yemen in a brutal civil war with militants firing missiles at commercial ships and not UAE or Qatar.
A man terrified of going from 2.3 billion to 2.1 billion in personal assets.
Get those semiconductor fabs built or we could be sent back to the stone age.
How much has JP Morgan profited on the military industrial complex? This seems to be an important question to consider as one analyzes his comments on war.
It’s going on in Palestine not Israel …
What absolute rubish
You either get crazy or stupid....those are our choices.
Jamie trying to downplay what happened in Vietnam is something. Nixon went off the gold standard and never looked back. Bretton woods only helps the US and no one else and it’s amoral to do this to other countries. I am so sick of these bankers who have been bailed out time and again . WE MUST END THE USD dominance full stop and we r gonna hurt out of it but it needs to happen
Dimon, the next Whitehouse tenant 😢😮😢😮
What a bunch of bologna.
How so?
Thanks boomers!!!
Lots of things I'd blame them for but we've also just lived though one of the most peaceful and prosperous period in human history.
@@pneudmatic and it'll most likely be the last
You’re welcome. Glad you aren’t my kid!
History reapts but the pie just keeps getting bigger an bigger...wait till we start really exploring space ... mining the asteroid belt launch pad from mars...moon base...and so much more..we are on the verge of destiny......
Dimon for president 🇺🇸
the sh*t we are currently experiencing is because of Wall st yet you want to have Wall st directly in power. 🤦🏻♂️
He's a scumbag.
When a man as successful as Jamie Dimon speaks, only a fool doesn't listen.
He speaks from first hand experience.
Nah I’m good thanks
This man has predicted 30 of the last 2 market crashes
Were you and Kriterium123 asked to put up some positive feedback as most of the comments are negative?
@@suprgye Probably cos he created them.
Hows my bank
The current political and economic structure has benefited JPMorgan, resulting in its becoming a behemoth banking organization. Of course, one of his biggest concerns is Geopolitical Risk. Any changes could mean the end or the beginning of a major decline for his firm.
Im getting more and more interested into GeoPolitics, anyone can guide to a god channel/twitter or substack about it? Thank you
Once again Trump called it....Diamond recognizes it and is rightfully amplifying the voice of concern. Cue: KaMalA
Why would anyone would believe a word Dimon says ? 😂🤣
Capitalist giving an opinion on peace 😂😂😂
Capitalism only works if there is peace
Will take that over communism's opinion any day.
@@xandr13 watch some yannis varoufakis and come to your senses.
THE MAN IS A SOCIALIST... He has taken untold billions of dollars from government. That is socialism. Bailouts are socialism. So-called redistribution of the wealth of producers.. is socialism.
@@Pestbringer89 Unlike yourself, I am quite able to make my own educated judgements without that clown.
Doesn’t concern me because I can’t do anything about geopolitics. What does concern me is how my stocks and the economy are doing.
If you’re in a country where you can vote, you can certainly do something about geopolitics.
Geopolitics is outside most of our zone of control or influence, but if you have a job or own stocks, it is definitely in your zone of concern and worth monitoring.
@@robertjamesonmusic DMakes no difference if it's Team Red or Team Blue - it's a Punch and Judy Show, same guy with his hand up both puppets to entertain the audience while Diamon and his ilk steal our wallets.
Some more or less, geopolitics do have an impact the economy.