DealBook Summit Jamie Dimon on Why He Thinks We Are Living in One of the Most Dangerous Times
Nov 30, 2023
Jamie Dimon, CEO of JPMorgan Chase, discusses conflicts in Gaza and Ukraine, rising interest rates, and the need to strengthen military and economic relationships with China. They also talk about the potential repercussions for American businesses in China if a war breaks out in Taiwan and the importance of supporting Ukraine. The conversation also covers the complexities of speech and hiring on college campuses, the recent announcement of selling stock in JPMorgan, and the significance of having a strong succession plan.
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Current Global Dangers
- The world is at its most dangerous point in decades, according to Jamie Dimon.
- Geopolitical conflicts, economic instability, and rising inflation contribute to this.
National and Global Strategies
- Maintain a strong military and avoid complacency.
- Foster Western alliances through thoughtful leadership and address global issues strategically.
Risk Management
- Assessing geopolitical risks requires considering potential outcomes, not just likelihood.
- Focus on mitigating potentially catastrophic events, even if their probability seems low.