Dimon Hints at Political Life After JPMorgan
Bloomberg Businessweek
00:00
The Dollar's Dominance in the World
Even if we don't default, isn't it understandable that our credit rating would take a hit? Because people buy this debt, especially foreigners, specifically because it's risk-converation. The way they were flirting with default and even entertaining that idea is just not the optics that you want when you are selling yourself as the ultimate risk-free asset in the world. I have seen some of those politicians coming out and make the point that they shouldn't accept this deal. But there's no doubt the IMF as well making the warning last week that the US has got to get its physical house in order. A big finger wag from the IMF. You've got to be scared
Play episode from 40:07
Transcript
