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‘World War 3 has already begun': US' largest bank JPMorgan Chase CEO Jamie Dimon issues big warning
JPMorgan Chase CEO Jamie Dimon has expressed concerns about the wars in Ukraine and the Middle East, and the growing cooperation between US adversaries including Russia, China, North Korea and Iran. “The risk is extraordinary,” he said. “World War III has already begun. You already have battles on the ground being coordinated in multiple countries," he said at the Institute of International Finance’s annual meeting in Washington DC.
Jamie Dimon has given a stern warning about geopolitical threats that could hurt the global economy. “Recent events show that conditions are treacherous and getting worse,” he wrote in a press release.
According to a report in Business Insider, Jamie Dimon said US adversaries want to topple the world order, and the Russia-Ukraine and Israel-Hamas conflicts could explode into a new world war.
China and Russia are "clearly talking about dismantling the system" established by Western nations after World War II, and "the risk of this is extraordinary," the JPMorgan CEO said.
The billionaire banker said that risk-management teams at his bank have “run scenarios that will shock you,” in terms of the possible economic implications of a global conflict that spirals out of control.
"You already have battles on the ground being coordinated in multiple countries," the JPMorgan Chase CEO said. The fighting could diminish and peace deals might be struck, but "mistakes happen," he said.
"So, to me, we shouldn't be naive," Dimon said. "We can't take the chance this will resolve itself. We have to make sure that we are involved in doing the right things to get it resolved properly for the sake of the free democratic Western world for the next 100 years."
He also underscored the difficulty of what might lie ahead. "We run scenarios that would shock you. I don't even want to mention them."
JP Morgan calls it WWIII
"So, to me, we shouldn't be naive," Dimon said. "We can't take the chance this will resolve itself. We have to make sure that we are involved in doing the right things to get it resolved properly for the sake of the free democratic Western world for the next 100 years."
‘World War 3 has already begun'
originally posted by: ADVISOR
a reply to: ksihkahe
I agree with your sentiment 100%.
None the less, people can't dismiss what is finally being admitted in public. That, in and of itself, is saying a lot.
None the less, people can't dismiss what is finally being admitted in public. That, in and of itself, is saying a lot.
"We run scenarios that would shock you. I don't even want to mention them.
"We can't take the chance this will resolve itself. We have to make sure that we are involved in doing the right things to get it resolved properly for the sake of the free democratic Western world for the next 100 years."
originally posted by: BeyondKnowledge3
Just got a fortune cookie that said I was going to have an enjoyable vacation on the beach. Some believe the fotrune doesn't work if you tell others. I had rather not go through the atomic fallout thank you.
Look up the movie On the Beach.
originally posted by: tarantulabite1
originally posted by: BeyondKnowledge3
Just got a fortune cookie that said I was going to have an enjoyable vacation on the beach. Some believe the fotrune doesn't work if you tell others. I had rather not go through the atomic fallout thank you.
Look up the movie On the Beach.
What year on that movie?
1959 or 2000?
originally posted by: matafuchs
I read over 10k NK troops are training Russia to enter Ukraine. Sounds pretty global to me.
Ex-Army Generals Fear Insurrection or 'Civil War' in 2024
www.newsweek.com...
Three retired U.S. Army generals have warned of insurrection or possibly even civil war if the results of the 2024 presidential election are not accepted by sections of the military.
Retired Generals warn segments of the military could support ...
www.npr.org...
As we approach the first anniversary of the January 6 Capital riot, three retired U.S. generals are warning that another insurrection could occur after the next presidential election in 2024.
Three generals warn of a CIVIL WAR if 2024 election is ...
www.dailymail.co.uk...
Three retired generals warn of a CIVIL WAR if 2024 election results are not accepted by sections of the military
originally posted by: BeyondKnowledge3
Just got a fortune cookie that said I was going to have an enjoyable vacation on the beach. Some believe the fotrune doesn't work if you tell others. I had rather not go through the atomic fallout thank you.
Look up the movie On the Beach.