Jamie Dimon on Ukraine, China, homeownership and more

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Face the Nation

Face the Nation

Жыл бұрын

Jamie Dimon, the CEO of JPMorgan Chase, discusses the economic impact of Russia's war in Ukraine, China loosening its "zero COVID" policy, mortgage rates and more.
#news #economy #covid
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Пікірлер: 820
@matthewowen955
@matthewowen955 Жыл бұрын
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US....
@melbaclaxtonlafon
@melbaclaxtonlafon Жыл бұрын
@Loveheals I agree with you. I ventured into stock with less than $200,000, and now I'm about 17,000 short of half a million dollars. Credits to Dominic Patrick Ruby..... She's verifiable
@FirehorseCreative
@FirehorseCreative Жыл бұрын
*"Lift Everybody Up" is JAMIE DIMON BANKSPEAK for "Stick Everybody Up"* "You see, what we do is we sell everybody creative suicide loans- variable rate ballooning after 5 years- whatever you know- whatever the fish will bite- and then we *"LIFT EVERYBODY UP AND OUT OF THE HOUSES THAT WE OWN"* via a process known as *BANK FORECLOSURE* and then we do it again with the next generation. It's kinda like playing *KEEPAWAY with the American Dream of Homeownership! It's big fun! You should try it!*
@perrypresley9630
@perrypresley9630 Жыл бұрын
In one breath, he says globalism is a failed system, and in the next, he says we have to keep that failed system running
@hightonesdrifterkent6600
@hightonesdrifterkent6600 Жыл бұрын
that's what they do
@patson420
@patson420 Жыл бұрын
agreed but thats how it supposed to go or not? I dont wanna argue just saying all this dept is not for nothing. I guess we all dont see it in our lifetime but the bubble of Fiat will burst in a couple hundred years. And the next cycle begins just like dozen of times before.. 🕳😂👌🏽
@TakeLime
@TakeLime Жыл бұрын
have to improve the running system*
@joelcwu59
@joelcwu59 Жыл бұрын
CS globalism start by Americans to maximize corporate profit, taking advantages of lower wages in Third World country. Until today that US is facing competition from China, Korea, Taiwan in high tech sector. So America officials reverse its strategy by forcing TSMC, Samsung to move production Fab to America alone with its supply chain. This is fine example of American hegemony. Will this make America great again, we shall see.
@KazMaw1
@KazMaw1 Жыл бұрын
He also said gas is the best way to reduce CO2 🤣
@deanturchi4807
@deanturchi4807 Жыл бұрын
“Its more complicated now” at the moment she directs a question that squarely points at JPMC’s opportunity to act. I worked for JPMC - I had direct dealings with Jamie Dimon’s Office - They will put their profits over the lives of even their own employees. I experienced first hand with his office.
@hightonesdrifterkent6600
@hightonesdrifterkent6600 Жыл бұрын
certainly would not doubt that.
@jaggillar6680
@jaggillar6680 Жыл бұрын
Dimon isnt worried. He has fuel, food, shelter and healthcare. In fact, should his bank get in trouble again, the American taxpayer will provide another bailout. No worries!
@michaelboano7183
@michaelboano7183 Жыл бұрын
Like u, the bailout disgusts me but why blame the bankers without mentioning bill Clinton and George bush who helped tear down bank regulations?
@alphonsoquenneh1855
@alphonsoquenneh1855 Жыл бұрын
Oh yes excellent thought!
@swordarmstudios6052
@swordarmstudios6052 Жыл бұрын
@@alphonsoquenneh1855 No that's a stupid thought. Here is a guy sharing actually really important facts, and you can't get over the fact he happens to be a rich banker. When smart people say things that are smart and reflect objective reality - we should listen.
@odellowe7340
@odellowe7340 Жыл бұрын
@@swordarmstudios6052 lol poor people are always jealous of rich people
@HerrschmannNachmann
@HerrschmannNachmann Жыл бұрын
... and how prosperous everything is ...
@ralphhardie7492
@ralphhardie7492 Жыл бұрын
Jamie is not a person I trust.
@eveb.6568
@eveb.6568 Жыл бұрын
Most definitely
@TraderRobin
@TraderRobin Жыл бұрын
Why, just because he speaks the hard truth, that Fox News refuses to?
@eveb.6568
@eveb.6568 Жыл бұрын
@@TraderRobin No, not all. It's because he defends the interests of the super-rich only, whilst pretending to be 'the man of the people' defending the interests of the working class.
@jerryrichardson2799
@jerryrichardson2799 Жыл бұрын
@@eveb.6568 Exactly.
@Kevin-iv7rh
@Kevin-iv7rh Жыл бұрын
Put some respect on his name.
@cadilacdesert
@cadilacdesert Жыл бұрын
What about Wall Street buying up all the starter homes??
@damham5689
@damham5689 Жыл бұрын
Not just starter homes either. They have been spending 100s of billions paying top dollar for all kinds of homes. Which in turn creates more of a shortage ,raises prices, and raises property taxes and insurance on individual home owners.
@cadilacdesert
@cadilacdesert Жыл бұрын
Been going on for 13 years
@buzuxi
@buzuxi Жыл бұрын
That's why I'm rooting for a real estate crash. It will crush Blackstone
@asnark7115
@asnark7115 Жыл бұрын
@@buzuxi Guess again. They play with house money. Ever heard of "rent estate"? People will still have to live somewhere. Blackrock will switch from using their shell companies to buy properties with bail-out and pandemic money to just buying distressed property investment companies on the cheap.
@mp-sq9mo
@mp-sq9mo Жыл бұрын
Once again Mr. Dimon is delivering to us a bunch of hot air, preaching status quo policies in a dramatically changed world. We need new leaders. It's time for you to take a rest Jamie.
@Lucian09474
@Lucian09474 Жыл бұрын
And why you think he is bad at his job did you have someone in mind?
@fitnesspoint2006
@fitnesspoint2006 Жыл бұрын
So they show him shaking hands with a couple of balck folk, a photo op he set up himself, Nice Jamie!
@fitnesspoint2006
@fitnesspoint2006 Жыл бұрын
Completely Agree m.p.
@leifseed
@leifseed Жыл бұрын
Touche Agree
@cleanitup_pls7893
@cleanitup_pls7893 Жыл бұрын
Spot on.
@craigenputtock
@craigenputtock Жыл бұрын
Jamie Dimon is a great guy! He loves to address the issue of income inequality, and then he pays his workers survival wages while he soaks up tens of millions of dollars of company profits for himself. Way to go Jamie!
@kaythegardener
@kaythegardener Жыл бұрын
His company has paid $$$ millions in fines, on 5 separate years!! Why isn't this bankster in Federal prison for 5 x 15 years for massive fraud against us taxpayers??
@LG-tw5vm
@LG-tw5vm Жыл бұрын
Jamie Dimon is a horrible CEO and needed to be bailed out with taxpayer money in 2008 because Chase Bank was going under. I wouldn't be surprised if he needs to be bailed out again.
@teebone2157
@teebone2157 Жыл бұрын
HE LOVES TO TALK ABOUT income inequality and do nothing
@LlyleHunter
@LlyleHunter Жыл бұрын
Chase is the only major bank that didn’t need to be bailed out. Chase rescued other banks
@LG-tw5vm
@LG-tw5vm Жыл бұрын
@@LlyleHunter Incorrect. Chase received 25 BILLON DOLLARS in bailout money on October 28, 2008.
@sebastianzhikov8842
@sebastianzhikov8842 Жыл бұрын
The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than £25,000 a year. My primary concern is how to grow my reserve of £300k which has been sitting duck since forever with zero to no gains.
@MIchaelGuzman737
@MIchaelGuzman737 Жыл бұрын
It's scary how true this message is. What steps can we take to generate more income during quantitative tightening? Also, on the contrary, how can we profit in times of quantitative easing? Where should we put our investment money now to better prepare for the future and a liquidity crisis?
@anthonyrussell5718
@anthonyrussell5718 Жыл бұрын
Personally, I would say have a financial market pundit. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good idea.
@louisairvin3052
@louisairvin3052 Жыл бұрын
I am sure the idea of a Financial Advisęr might sound controversial to a few, but a new study by Motley Fool found out that demand for Financial Advisęrs sky-rocketed by over 41% since the BREXIT and pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've raised over £63Ok from an initially stagnant savings of £8Ok all within 16months. Credits to Jill Marie Carroll my Financial Advisęr.
@sebastianzhikov8842
@sebastianzhikov8842 Жыл бұрын
@@louisairvin3052 How can I reach out to Jill Marie, what are her services like do you think she can help me i have about £300,000?
@louisairvin3052
@louisairvin3052 Жыл бұрын
@@sebastianzhikov8842 Jill Marie covers things like investing, insurance, making sure retirement is well funded, going over tax benefits & ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known and has many followers. So it shouldn't be hard.
@jacasadia
@jacasadia Жыл бұрын
I don't think she pushed back on any of the assertions that Dimon made. This isn't journalism. It's an infomercial.
@LPAFilm
@LPAFilm Жыл бұрын
These actors…I meant journalist are only allowed to color within the lines
@rambleon2838
@rambleon2838 Жыл бұрын
She can play hard ball usually with Repukes who blatantly lie to her face. Financial Times videos are nothing but infomercials to the right wing.
@ednan9
@ednan9 Жыл бұрын
She is not qualified on financial journalism
@stephenlight647
@stephenlight647 Жыл бұрын
Correct. Also 99% of journalists have no idea what a business does, or how economics work.
@user-dx3xn4td7e
@user-dx3xn4td7e Жыл бұрын
he barely made any assertions at that.. he just spoke news headlines
@johnmahlmann6382
@johnmahlmann6382 Жыл бұрын
This is word salad to cover for his advocating of a deregulated world economy proven to support gross income inequality.
@maplebones
@maplebones Жыл бұрын
I've been looking for a definition of conservatism. I think you nailed it.
@jamescolyn5960
@jamescolyn5960 Жыл бұрын
He's not only a criminal, he's pure evil.
@user-hf2dr7sh4y
@user-hf2dr7sh4y Жыл бұрын
the hypocritical rich elites are everywhere. go to san francisco, Chicago, LA and NYC and ask what percentage of rich elites and upper middle class households have transitioned to full remote work, grocery delivery services, primarily carpooling, and relying on public transportation and walking, but always pretend to care about or side with human rights in Africa and Asia, "want" an equitable economy, and to protect the environment while spending aggressively on travel and transportation, nimby-lobbying high opportunity growth areas, all as they try to intolerantly push their own dietary culture or political beliefs unto others, via self-victimization, guilt, shaming, or mere finger-pointing. that's not to say that I think the other side is much better. absolutely not. the hypocrisy is rampant and it will end exactly as badly as we think that it will. we all have ways that we can contribute to guide society towards the right end goal, but we must each lead by example.
@fitnesspoint2006
@fitnesspoint2006 Жыл бұрын
So they show him shaking hands with a couple of balck folk, a photo op he set up himself, Nice Jamie! Reply
@user-dx3xn4td7e
@user-dx3xn4td7e Жыл бұрын
@@maplebones that was conservatism 25 plus years ago ... do you live under a rock ... that Conservative party lost to trump
@janiekcarney5482
@janiekcarney5482 Жыл бұрын
It’s all about what investors want.
@FromDesertTown
@FromDesertTown Жыл бұрын
Which is why Dimon should have absolute zero access to the White House. It is disgusting that he regularly meets with them for "intense discussions" to push for policies that line his pockets and rip us off.
@jerryrichardson2799
@jerryrichardson2799 Жыл бұрын
True, but to his credit Dimon didn't _say_ that, not did he lie about it.
@richsackett3423
@richsackett3423 Жыл бұрын
Not even. It's all about what he wants.
@kiettran9694
@kiettran9694 Жыл бұрын
Try to be an investor then stop whining man
@evrose
@evrose Жыл бұрын
well, considering "the investors" are the people who OWN the bank, yeah, it would kinda make sense, don't ya think?
@omnimoeish
@omnimoeish Жыл бұрын
I'll sum up what Jamie Dimon is saying, "we need to use our brains... we need to stop NOT using our brains"
@Ivanskrakow
@Ivanskrakow Жыл бұрын
the answer with these guys is always remove permits, and licensing .
@georgesk2
@georgesk2 Жыл бұрын
Insane that in this day and age we STILL see people like this as if they want to act in the interests of the most important aspects of existence.
@user-hf2dr7sh4y
@user-hf2dr7sh4y Жыл бұрын
but theyre everywhere. go to san francisco, Chicago, LA and NYC and ask what percentage of rich elites and upper middle class households have transitioned to remote work, grocery delivery and public transportation and walking but pretend to care about human rights in Africa and Asia, equitable economy, and the environment while spending aggressively of travel and transportation, nimby-lobbying high opportunity growth areas, all as they try to intolerantly push their own dietary culture or political beliefs unto others, via self-victimization or mere finger-pointing. that's not to say that I think the other side is much better. absolutely not. the hypocrisy is rampant and it will end exactly as badly as we think that it will. we all have ways we can contribute to bettering society.
@wyattfleming5776
@wyattfleming5776 Жыл бұрын
Do you?
@kaimarmalade9660
@kaimarmalade9660 Жыл бұрын
What does that even mean?
@swordarmstudios6052
@swordarmstudios6052 Жыл бұрын
@@kaimarmalade9660 It means people don't like bankers and so they don't listen. There is nothing Jamie said here that was objectionable on the facts. If your lefty, you'll be annoyed that he wants to build natural gas stuff. He is right on the facts, we actually have to , and people will suffer in the billions if we don't - but they don't like that fact so they call him a banker and ignore the argument. If your on the right you'll be annoyed that he is actually right on the climate and the political trends - and what the goverment has to do, and people will suffer in the billions if we don't, so they ignore the argument and call him 'woke' or whatever stupid right-wing term is being work-shopped by the right-wing russo-agitprop factory. Jamie Dimon is an inkblot test for radicalism. Anyone who reads books and actually thinks isn't offended by him at all.
@kaimarmalade9660
@kaimarmalade9660 Жыл бұрын
@@swordarmstudios6052 I like bankers plenty. Speak for yourself! I also agree with every point you've made. The general mass of people misapprehend the culture of the wealthy and of institutions. I don't think this is new but it's surprising consider the amount of social progress that's taken place since the 19th century.
@hollyhold562
@hollyhold562 Жыл бұрын
Transition to clean energy.
@paleggett1897
@paleggett1897 Жыл бұрын
A democracy is run for its citizens, not its share holders. Cut legislators salaries to $75k annually, with a minimum housing allowance and then insurance. Eliminate the black monies from industries, foundations and pacs…. For starters
@rambleon2838
@rambleon2838 Жыл бұрын
what citizen is getting housing allowance and free insurance? I agree to lower their pay to what the average income and benefit level is back in their home towns and districts. And their performance should be reviewed and compensated accordingly. There's no reason that a representative like Taylor Greene, e.g., who was stripped of her committee assignments to continue to receive &175k salary plus expenses paid for two years for doing nothing.
@CrazyGaming-ig6qq
@CrazyGaming-ig6qq Жыл бұрын
Yes eliminate black moneys, that's a good idea. Dont know why they didnt do that later? And while they are at it they shouid eliminate crime too and cure cancer. Now those are my suggestions, I've been saying this for a long time but it may be now people are actually starting to listen.
@rabokarabekian409
@rabokarabekian409 Жыл бұрын
Democracy is a popularity contest, not a skills assessment. "Democracy is the bludgeoning of the people by the people for the people.", Oscar Wilde. Research how Singapore eliminated government collusion with businesses, not by paying politicians and bureaucrats less. “There is a good dog and a bad dog fighting within each of us. The one that is going to win is the one we feed the most.”, Chinese Proverb For about the first 100 years in the US corporations were extremely strictly regulated and mostly intended to be temporary. "We have the best government money can buy.", Mark Twain.
@juliehenderson1672
@juliehenderson1672 Жыл бұрын
Congress making $175k- $175M do not NEED a housing allowance. That is a business expense that provides a tax refund. Those making under $30k (minimum wage) NEEDS housing supplement.
@user-hf2dr7sh4y
@user-hf2dr7sh4y Жыл бұрын
the hypocritical rich elites are everywhere. go to san francisco, Chicago, LA and NYC and ask what percentage of rich elites and upper middle class households have transitioned to full remote work, grocery delivery services, primarily carpooling, and relying on public transportation and walking, but always pretend to care about or side with human rights in Africa and Asia, "want" an equitable economy, and to protect the environment while spending aggressively on travel and transportation, nimby-lobbying high opportunity growth areas, all as they try to intolerantly push their own dietary culture or political beliefs unto others, via self-victimization, guilt, shaming, or mere finger-pointing. that's not to say that I think the other side is much better. absolutely not. the hypocrisy is rampant and it will end exactly as badly as we think that it will. we al have ways that we can contribute to guide society towards the right end goal, but we must each lead by example.
@trippmiller6199
@trippmiller6199 Жыл бұрын
This guy has your best interest in mind I promise u.
@hierroglyphic
@hierroglyphic Жыл бұрын
shouldn't this guy be in jail?
@zarathustra8200
@zarathustra8200 Жыл бұрын
Yes
@jerryrichardson2799
@jerryrichardson2799 Жыл бұрын
Arguably? Yes, but there are worse people, like Lloyd Blankfein.
@5280ryan
@5280ryan Жыл бұрын
How is it possible to lead a bank where so much is done wrong that literal billions are paid in fines...yet no one goes to jail. He's disgusting.
@freedomfinder5196
@freedomfinder5196 Жыл бұрын
I note the lack of questions regarding CEO compensation and company stock buy backs.
@LPAFilm
@LPAFilm Жыл бұрын
This! Another reason why I hate corporate media.
@BLACK-AUTUMN-MAGICK
@BLACK-AUTUMN-MAGICK Жыл бұрын
That's because neither has anything to do with the topic at hand.
@gregbuser4690
@gregbuser4690 Жыл бұрын
"It's very complicated, people should let us masters of the universe handle it, and not worry their little minds over it."
@johnmahlmann6382
@johnmahlmann6382 Жыл бұрын
Chase has been fined an unbelievable amount of money under Jamie. He acknowledged the severe problems with income disparity and went on to do nothing. Taking advice from him is like taking like taking advice about social media from Elon.
@patriciaburkell8024
@patriciaburkell8024 Жыл бұрын
Try not falling for a plandemic.
@siddg1463
@siddg1463 Жыл бұрын
Yes! i agree, Elon and Jamie are not smart people at all. Booo
@prodcdebeatz7205
@prodcdebeatz7205 Жыл бұрын
Putting this clown in the same sentence as Elon, a man who actually makes his money off real products, is reprehensible. There’s a difference from making billion via grifting vs inventing
@siddg1463
@siddg1463 Жыл бұрын
@@prodcdebeatz7205 i agree! Jamie has money that he stolen from poor people. He should not have a job. He should give money to us and Elon. Elon is the best. Elon is greatest man alive
@hochentis
@hochentis Жыл бұрын
Is Jamie saying it's ok for US to do subsidy violation "buy America" but Europe shouldn't do the same for "buy Europe"
@Erm-rn2by
@Erm-rn2by Жыл бұрын
@hugh I think he is saying that “buy America” is good for US but will have consequences as Europe can do the same thing. Which will impact trade and security with their allies.
@ivyforson6859
@ivyforson6859 Жыл бұрын
Many thanks
@Ho-opono
@Ho-opono Жыл бұрын
Dude loves the sound of his own voice
@andoreanesnomeo1706
@andoreanesnomeo1706 Жыл бұрын
Good man. Good Centrist!
@gregwickstrom5479
@gregwickstrom5479 Жыл бұрын
Why didn't she bring up the excessive profits and stock buy backs by Chevron and Exxon? There should be no stock buy backs.
@zuneluminox
@zuneluminox Жыл бұрын
Who are you to say anything? (unless you offered to bail them out in 2020 when oil cratered)
@AdrienLegendre
@AdrienLegendre Жыл бұрын
Stock buy backs help the economy.
@Lochamp
@Lochamp Жыл бұрын
No it doesn't, far from it. It takes capital that could be reinvested in the firm into the pockets of shareholders.
@gregwickstrom5479
@gregwickstrom5479 Жыл бұрын
@@Lochamp Exactly. Stock buybacks need to be eliminated, like it was prior to 1982.
@coffeemarshall3484
@coffeemarshall3484 Жыл бұрын
“It was the best of times, it was the worst of times, t was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, …” -Jamie "I write every word" Dimon, foreword to the shareholder letter 2022. G.O.A.T.
@DexterHaven
@DexterHaven Жыл бұрын
Why don't you write your own words then, instead of quoting someone quoting another?
@coffeemarshall3484
@coffeemarshall3484 Жыл бұрын
@@DexterHaven Why don't you write your own words then, instead of quoting someone quoting another?
@cpklapper
@cpklapper Жыл бұрын
That is how Dickens opened his “Tale of Two Cities”, set in Revolutionary France. Is Jamie coyly suggesting what I have prophesied for decades, that ours will see a resurgence of guillotines if the mercantilist democracies continue starving the people while saying “Let them get jobs” when there are no jobs that we can get, the modern equivalent to “Let them eat cake” rhetoric when the people can get neither cake nor bread? See my “Popular Capitalism”, particularly the chapter on “The Cost of Sovereignty”.
@rahulparikh6183
@rahulparikh6183 Жыл бұрын
@@coffeemarshall3484 smart guy over here
@DexterHaven
@DexterHaven Жыл бұрын
@@coffeemarshall3484 See, I was right. You are an inveterate offender. Quotations are just a substitute for original thinking.
@ralphtouch8962
@ralphtouch8962 Жыл бұрын
I saw an interesting piece about how Russian oil is still being sold by swapping it to tankers in international waters.
@markkierznowski6121
@markkierznowski6121 Жыл бұрын
And what?
@buzuxi
@buzuxi Жыл бұрын
This is common knowledge.
@Storm4155
@Storm4155 Жыл бұрын
Russian oil and gas is being sold to India and China, and then it is being resold to Europe and America, and everyone is turning a blind eye to it. Saudi Arabia is even buying oil from Russia for domestic use there, and then selling its own oil to America, and therefore it can say it is not breaking sanctions. India and China are laughing, because they are making nice profits from the resales.
@danerose575
@danerose575 Жыл бұрын
I'm impressed at anyone with the energy to talk about these things for four decades, let alone be be positive. I'm also impressed with the ability to avoid self-destruction in a culture that is so filled with blame and criticism. I wonder what it's like to be Jamie on the inside?
@followthemoney4525
@followthemoney4525 Жыл бұрын
Don't let this man fool you. He is short the market by billions. He will make money off this massive recession.
@thelorelei1884
@thelorelei1884 Жыл бұрын
@Follow the Money He might be short the market, but what he isn't, is corrupt. And that's a rarity on Wall Street. He's very intelligent and does his homework. I'm democrat and have never once voted for a republican. If he ran for office, I would have to consider it. I mean, he did say his heart is a democrat and his head a republican. Maybe that's the kind of person we need in office instead of a highly partisan politician only working for half the country.
@jedpittman6739
@jedpittman6739 Жыл бұрын
great interview
@viktoro.ledenyov5829
@viktoro.ledenyov5829 Жыл бұрын
Super!!!😊😊😊
@olderbutwiser6321
@olderbutwiser6321 Жыл бұрын
Take a good look at this country's biggest grift ever
@siddg1463
@siddg1463 Жыл бұрын
Yes! Agree. Jamie is a bad person. They should give us money cuz we are real victims. They dont deserve money but we all do because its not fair that we have to work
@user-dx3xn4td7e
@user-dx3xn4td7e Жыл бұрын
jamie is prób the best guy on wall street and that's saying a lot
@owenzmortgage8273
@owenzmortgage8273 Жыл бұрын
Awesome interview
@ivancamacho7668
@ivancamacho7668 Жыл бұрын
Wow, CEO of JP Morgan and down to Earth thinking! So rare to find!
@uinisefaustinafoochong7743
@uinisefaustinafoochong7743 Жыл бұрын
Thanks for the stanford tshirt
@GeorgeBenedictBaldwin
@GeorgeBenedictBaldwin Жыл бұрын
One railroad driver for four times the train, some trains are over 12,000 feet long, over two miles long. we need to support our infrastructure and workers. Clueless in CHINA. SUPPRESSOR use of this word: COMPLICATED.
@markcampbell7577
@markcampbell7577 Жыл бұрын
Investment in realistic improvement in power generation and power use is stark. If we are not grossly misinformed about power generation and power use.
@uurkubaalle3205
@uurkubaalle3205 Жыл бұрын
I am not a financial expert but banks which would provide a portion of the profit made from the savings to the depositors whose money is traded off in loans & intevestments instead of limited preset interest would be good for everyone. Interest with unpredictability and which are most cases unfair for the customer. Risks and other norms would be those of business. Shares and ownership would be dealt separately.
@GeorgeBenedictBaldwin
@GeorgeBenedictBaldwin Жыл бұрын
LOL, after the first utterance' of confusion, I have to laugh at myself, here it comes another lie.
@doords
@doords Жыл бұрын
No they are no longer allowed to take people's money into investments. Deposits can only be used for loans.
@kimobrien.
@kimobrien. Жыл бұрын
@@doords The origin of all profits in capitalism is the unpaid labor of the production workers. The banks are only a storehouse of capital they do nothing productive in and of themselves to produces the interest they collect and payout. They invest and make loans only because they see profits ahead. Finance capital is the most parasitic of all capitals since it does nothing but demand a return on investment.
@donowen9848
@donowen9848 Жыл бұрын
They do, it's called shareholder equity... now get investing!
@uurkubaalle3205
@uurkubaalle3205 Жыл бұрын
@@doords it would better idea to dig into the actual money circulation a bit further. Procedural account practices always seem perfect and in line with the rules based which is still good. What do you think if a country would separate commercial banking systems and traditional banking services where commercial banks would not be allowed to do any account and transfer services. They use only there owners investments to do business. On the other hand, traditional banking hold all types of accounts and transactions without commercialising their capital or nets they hold. How would they pay their expenses is an other topic. What would happen to the first?
@CharlieHorse221
@CharlieHorse221 Жыл бұрын
I saw Katie Porter, a fabulous USA peoples representative, question this man. She put his massive CEO mantra along with his incredible massive salary into question with his complete lack of knowledge of the unbelievable financial struggles people his company employ. She wanted to know what he could do to address their hardship. He had no idea and offered no solution so I have no faith at all in his worldly hand gesturing.
@jerrydavis3258
@jerrydavis3258 Жыл бұрын
Prosperous for people like him. That is the problem....
@cadilacdesert
@cadilacdesert Жыл бұрын
This was a softball interview. Pretty disappointed.
@sweett2185
@sweett2185 Жыл бұрын
Softball interview? What do you want, blood?
@swingingdaniel
@swingingdaniel Жыл бұрын
9:43 - "we have the best healthcare in the world" - No , you don't. I am German and I must correct you. We have the best in the world. By all numbers. Check the facts.
@caseyford3368
@caseyford3368 Жыл бұрын
We already have the tech to make everything and everyone, far better. We just need leaders who will actually use the tech to deal with all our issues. And the latest tech definitely could deal with humanities issues.
@meccamorgan2999
@meccamorgan2999 Жыл бұрын
Merry-go-round.
@teebone2157
@teebone2157 Жыл бұрын
Status Quo in a world where the US working class (Largest group of citizen) is struggling
@drostly3220
@drostly3220 Жыл бұрын
Love how Jamie so easily kicks the can down the road on government fiscal.. Last week it was revealed that over $80trillion of shadow dollar are being revealed in the swaps market.. How much of that $80trillion are in direct concert with Jamie and JPM.. ?
@markcampbell7577
@markcampbell7577 Жыл бұрын
Equal funding and no homework with supplies at school might result in less illiteracy. Running the schools in the legal boundaries and no plastic pipes.
@user-dx3xn4td7e
@user-dx3xn4td7e Жыл бұрын
equal funding... actually means NOT equal funding ... makes all schools worse not bad schools better... the facts, data , and real world experience has shown that so
@louiepimentel8590
@louiepimentel8590 Жыл бұрын
I was hired by JPMorgan Chase when I was 67 years old, but after less ths 2 months, my services was terminated. Their reason, I was overaged. Knowing my age, why did they hire me. They are claiming that they practice diversity and inclusion. One of their company policy is about dismination. It clearly meant that they are against discrimination of age, culture, race, etc. May I ask Mr Dimon what he thinks about this?
@tonydaysog9164
@tonydaysog9164 Жыл бұрын
Baltimore?
@Rick-or2kq
@Rick-or2kq Жыл бұрын
"Any good parasite convinces it host it needs it."
@raimondasmarciulevicius7599
@raimondasmarciulevicius7599 Жыл бұрын
Together Jamie, Face the Nation and I are noble and strong together.
@KazMaw1
@KazMaw1 Жыл бұрын
Gas is green 😂 When you lie so much you convince yourself of it
@DanFeldmanAgileProjectManager
@DanFeldmanAgileProjectManager Жыл бұрын
That we give these billionaires such a platform illustrates that we exist under a corporate oligarchy.
@rocknbury
@rocknbury Жыл бұрын
Lol
@BooBat1960
@BooBat1960 Жыл бұрын
It’s like he knows what he’s talking abiut.
@DanFeldmanAgileProjectManager
@DanFeldmanAgileProjectManager Жыл бұрын
@@BooBat1960 his responses were often filled with platitudes. His analysis was superficial and common at best.
@SusanH4626
@SusanH4626 Жыл бұрын
This guy didn’t become a wealthy businessman by being stupid. Probably studied hard and didn’t sit around playing video games and living on social media.
@DanFeldmanAgileProjectManager
@DanFeldmanAgileProjectManager Жыл бұрын
@@SusanH4626 it is possible for a person to walk and chew gum at the same time. In this case, this wealthy individual can have the knowledge, temperament, and value system to work a system to his advantage, while not knowing adjacent systems in great depth (e.g., China) and delivering platitudes which may even conceal his understanding to the masses.
@Gordian1095
@Gordian1095 Жыл бұрын
Bring back our manufacturing, ask questions later.
@uinisefoochong5917
@uinisefoochong5917 Жыл бұрын
I've had the watch for years now I don't know how to send it to you
@conniefoss9382
@conniefoss9382 Жыл бұрын
This guy reminds me of the 'expert' in "Don't Look Up."
@java4653
@java4653 Жыл бұрын
This is why I ignore the Sunday morning shows. Why would a corrupt banker understand geopolitics?
@rabokarabekian409
@rabokarabekian409 Жыл бұрын
Rich people buy people incomprehensibly smarter than the rest of us.
@AdrienLegendre
@AdrienLegendre Жыл бұрын
He is not a corrupt banker.
@user_7239
@user_7239 Жыл бұрын
I would argue: who better to understand geopolitics than a banker?
@java4653
@java4653 Жыл бұрын
@@AdrienLegendre And that's why they get away with it folks.
@java4653
@java4653 Жыл бұрын
@@user_7239 Because his focus is not the survival of American Democracy, but his company profits. These folks went to China *after* it massacred their people openly. The last big geopolitical mistake was Bush after 9/11. *Did you see anyone in private enterprise stand up against it?* They only profited from it. This guys are not universal geniuses. Business leaders are usually better informed, but profoundly ignorant of many things. Look at Musk, "helping Ukraine" but now helping Putin.
@jimakcelik6486
@jimakcelik6486 Жыл бұрын
He should be president I would think he’s the right candidate we need people like him
@steffenoldenburg7936
@steffenoldenburg7936 Жыл бұрын
"We got the best health care in the world" That is the most helarious thing I have heard today :D
@Aviator526
@Aviator526 Жыл бұрын
We do have great healthcare it’s just out of reach for many. That’s the deep issue there.
@dailyrant4068
@dailyrant4068 Жыл бұрын
He's not wrong, he's talking about the top end medical advances like new procedures and technology. But he also called out we have some of the worst, which is high GDP % spent on healthcare, 50 million uninsured, etc
@markchapman140
@markchapman140 Жыл бұрын
must admit i am getting somewhat obsessed with idea of croatia/bosnia becoming the next front in this war which is pretty crazy given how everyone put that one to bed in 1995, 1999, 2004 and 2009 if memory serves who flies what into banja luka or overland? just a thought
@MS-uu8xg
@MS-uu8xg Жыл бұрын
He should run for president. He’s logical, intelligent, and forward thinking
@sudhakarwasnik2010
@sudhakarwasnik2010 Жыл бұрын
How much he makes and what's his area of experties
@coltuppal
@coltuppal Жыл бұрын
Freedom, freedom of speech freedom of religion? Why doesn't he ask the native Indians or Iraqis about that
@DoctorDoom69
@DoctorDoom69 Жыл бұрын
Can always count on Dimon to come out speaking pig latin to rock markets on Mondays lol
@michaelboano7183
@michaelboano7183 Жыл бұрын
Not pig Latin if one is educated in economic, banking or finance. Mocking one of the leading financial experts in the USA says volumes about u and nothing about him. Why muck up this site with your ego?
@DoctorDoom69
@DoctorDoom69 Жыл бұрын
@@michaelboano7183 I am educated in economics and finance actually and in this space we still have humorous commentary …while you …you can’t even use legitimate spelling grammar , so we both know you don’t have any education worth it’s weight. 😂
@michaelboano7183
@michaelboano7183 Жыл бұрын
@@DoctorDoom69 if u r educated then why not add some content instead of dribble? Isn’t their enough moronic content by us citizens?
@DoctorDoom69
@DoctorDoom69 Жыл бұрын
@@michaelboano7183 what content do you expect me to add? Dimon’s comments are subject to change depending on weekly economic data which is out of everybody’s hands, there is nothing he is saying in the interview other than to be cautious regarding the geopolitical climate. Which could be resolved in a week, a month or a year. Ergo the Pig Latin joke ….but the stock market moves on everything he says and he knows that. If you knew about the financial markets and his word’s effect, you wouldn’t even be commenting on my post. Run along now.
@michaelboano7183
@michaelboano7183 Жыл бұрын
@@DoctorDoom69 he really wasn’t that negative in my opinion. I doubt this interview moves the market anymore than it should. One could be a lot more negative on what is in store for us in 2023. If u know so much, tell me what our market will do in 2023. Will inflation be down? Will profits go up? Will companies reduce investment in future technology? Will our politicians ever decide to work together to create an environment to enhance more manufacturing? By the way, I have a degree in economics and a juris doctorate degree. I also owned my own business for 4 decades. Now if your latest comment was your first comment u would have never heard from me but u were busy enjoying being a mocker to satisfy your own indulgences, fantasies or whatever. Yet, if u hold a position even close to what jd holds maybe u r qualified to be a critic. But, if u do not, then u, an educated man, have lowered yourself to the level of the dummies who comment without any knowledge, little intelligence and scant perspective. If so, why masquerade as a know nothing?
@kennethvenezia4400
@kennethvenezia4400 Жыл бұрын
No Jamie, YOU'RE GONNA BE FINE. Very dismissive of many people struggling. Let's not forget this financial genocide on the poor and middle class started in 2008 from greedy banks and it's still going on.
@denniswoo9334
@denniswoo9334 Жыл бұрын
Crude oil price had came down to pre Ukraine war time. But natural gas still expensive. It all started due to NATO east expansion.
@uinisefaustinafoochong7743
@uinisefaustinafoochong7743 Жыл бұрын
When your dad let's you quit your job memes
@camigalles8078
@camigalles8078 Жыл бұрын
🌺 Liberty at American shores and Freedom out West 🌺⛲🗽
@jjheartsvideos
@jjheartsvideos Жыл бұрын
Why didn’t the interviewer mention record high corporate profits?
@cpklapper
@cpklapper Жыл бұрын
Jamie should read “The Way Out or How Electronic Revenue Credits Can: End the Debt Crisis, Keep Government Open and Restart the Economy”.
@zahorpitafi7954
@zahorpitafi7954 Жыл бұрын
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
@miaejaita7119
@miaejaita7119 Жыл бұрын
Even with the right technique and assets some investors would still make more than others, as an investor, you should've known that by now, nothing beats experience and that's final, personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I'm buying again
@miaejaita7119
@miaejaita7119 Жыл бұрын
The broker I'm in touch with is *ASHLEY AIRAGAHI . I came across her in a Bloomberg interview and got in touch with her. You can use something else. For me, her strategy works hence my result. She provides entry and exit point for the securities I focus on
@amifutru2936
@amifutru2936 Жыл бұрын
Same here, i will praise Mrs Ashley over and over again because she has great skills, i started with $2,400 and after 2week i received a returns of $9,150 then i continue with her ever since she has been delivering.
@helenlewis4068
@helenlewis4068 Жыл бұрын
I traded with her, The profit are secured and over a 100% return on investment directly sent to your wallet.
@ashleighking9073
@ashleighking9073 Жыл бұрын
She’s active with this +𝟏𝟕𝟓𝟒𝟐𝟐𝟗𝟎𝟑𝟔𝟗 currently
@World_Analysis-
@World_Analysis- Жыл бұрын
Agree with Jamie on almost everything he just said. We are the only country in the history of humanity that has made it to this point in self governance. The greatest economic and military super power in the history of humanity. 🇺🇸
@atumra7285
@atumra7285 Жыл бұрын
Lol
@tschoong3897
@tschoong3897 Жыл бұрын
The sweetest talker for a banker that exists in the world.
@cliffordstanley2189
@cliffordstanley2189 Жыл бұрын
Mr. DIMON has common sense. I do not agree with him on everuthing. Howrever, he is seems to be a reasonable person. What a refreshing experience.
@vanmasterflash7153
@vanmasterflash7153 Жыл бұрын
Days of one house per person is LONG gone.
@JaiUneGuruDeja
@JaiUneGuruDeja Жыл бұрын
Our only hope is that the aliens intervene when the launch codes are activated.
@danrieke9988
@danrieke9988 Жыл бұрын
What a good man, trying to navigate the lunacies on of world leads to help the common man.
@benlin3203
@benlin3203 Жыл бұрын
What business does he have with homeownership?
@richsackett3423
@richsackett3423 Жыл бұрын
None if you remember 2008.
@Shari466
@Shari466 Жыл бұрын
We bought our house in 1990 and bought down 5interest points to get 9.5% interest on our loan.
@Shari466
@Shari466 Жыл бұрын
@@Jeangrey567 yep, we even refinanced in 1998 when rates came down and still only got down to 7%
@kevinkanter2537
@kevinkanter2537 Жыл бұрын
@@Shari466 hmmm - what's your point ? In 2003 i financed at 5.5% and then 13 years later refinanced at a 15yr mortgage at 2.9% .... and the banks were not caving but I do remember how tough it was to get the 'good rate' at whatever date. ...and I have an account at Chase but certainly did not finance my house through Chase.
@Shari466
@Shari466 Жыл бұрын
@@kevinkanter2537 my point is interest on mortgages has been much higher than now and we survived it. Prices may have been a bit lower but wages were alot lower then.
@kevinkanter2537
@kevinkanter2537 Жыл бұрын
@@Shari466 thanks - ok & yes we will survive!!! ... especially about the low price / low wages - amazing how making 25k in 1980 was doing well 🙂
@Shari466
@Shari466 Жыл бұрын
@@kevinkanter2537 I was making less than that in 1990
@alro11
@alro11 Жыл бұрын
we’re terrified by you Jamie sheesh - retire already so we can move on without fossil fuels and funding the war machine
@charleschilds7038
@charleschilds7038 Жыл бұрын
Jamie for President!
@Twestliw
@Twestliw Жыл бұрын
I’ve been traveling around the world for the past 6 months and realized with even more certainty that America is not only Great it is amazing. We need to come together on our core values.
@samatoid
@samatoid Жыл бұрын
I wish more politicians would listen to Dimon.
@dlove2830
@dlove2830 Жыл бұрын
Love him or hate him, Mr. Dimon is honest in a way that most CEOs aren't. I thought he'd make an excellent Treasury secretary (akin to Robert Rubin in the Clinton administration). But he's wise enough to stay in his lane.
@juligrlee556
@juligrlee556 Жыл бұрын
The problem is Capitalism. Every corporation has no alternative but to maximize profit no matter the social or environmental damage. Some get very rich. Others die.
@michaelboano7183
@michaelboano7183 Жыл бұрын
Yet, socialism is more inefficient and hence even more costly to consumers than capitalism
@GeorgeBenedictBaldwin
@GeorgeBenedictBaldwin Жыл бұрын
TRICKLE DOWN economics
@CrazyGaming-ig6qq
@CrazyGaming-ig6qq Жыл бұрын
Yep, people need to stop the economy now and get rid of the capitalism. Once we abandon the cities and all the banks and the concrete go live off the land, we will experience joy and happiness.
@GeorgeBenedictBaldwin
@GeorgeBenedictBaldwin Жыл бұрын
@@CrazyGaming-ig6qq Concrete yep. build the interstate with concrete 1950-1960's.
@LeftWingNationalist
@LeftWingNationalist Жыл бұрын
We gotta get to Marxism. It might take another 300 years unfortunately.
@coffeemarshall3484
@coffeemarshall3484 Жыл бұрын
Jamie was tapped to be the next CEO for the US Government but didn't want to take a pay cut and move to a smaller house.
@tatianafoule6257
@tatianafoule6257 Жыл бұрын
silk suit ... 😊
@Dan-vo7vc
@Dan-vo7vc Жыл бұрын
Why would anyone ask this guy about Ukraine? Why do we assume that business people have some special perspective about something they have absolutely no training or experience in?
@sweett2185
@sweett2185 Жыл бұрын
He is a global economist. He would know about Putin's war in Ukraine. He is like the rest of the world. He didn't want the *crazies* to be elected. If you listen to the interview, he is talking about global issues.
@kevinkanter2537
@kevinkanter2537 Жыл бұрын
@@sweett2185 actually at #2:50 in a throw-away phrase he displays his downplaying of the geopolitics of the Ukraine war. At that point he says "an armistice or settlement ... that's good for Ukraine by the way..." whereas every analyst whether pro-russian or pro-ukrainian is in agreement that an 'armistice' would be merely a prelude for a russian rearmament and further war. He is focused on his own 2023 economic gain and the impact of oil -gas prices / energy funding vs the strategic +3 year impact of war / Ukr reconstruction and the loss of the 'peace (yeah, right) dividend' due to the need to re-energice the military - industrial complexes of the west. This is typical short-term banker 'wisdom' based on getting his own bonuses from a bank which can take advantage of any chaos to make more money. As Dillinger said when asked why he robbed banks ---- 'that's where the money is'. Follow the money he can make when Jaime talks.
@ericarona8599
@ericarona8599 Жыл бұрын
7:52 NAME A LEFTIST WING-NUT AND WHY SIR?
@abdulkkhan5095
@abdulkkhan5095 Жыл бұрын
Very smart man
@flaneurfilms1940
@flaneurfilms1940 Жыл бұрын
World has constantly been at war but according to him people are in shock because of war in one of the most battle torn regions in history
@widesp9137
@widesp9137 Жыл бұрын
There is no problem with paying people more to work, the problem is not setting a wage cap on CEO and board of directors, and on every one who gets paid by others people money, no wage cap only if you run your private company.
@kimobrien.
@kimobrien. Жыл бұрын
The problem is the capitalist private property system itself. The struggle to replace it will come from the exploited production workers not the capitalist government instituting reforms.
@curtrice6060
@curtrice6060 Жыл бұрын
Thank you for reading “comments “. Please share! 😊
@evas5809
@evas5809 Жыл бұрын
"Gas is a green energy solution, in comparison to coal" is the same as saying -50 degrees Celcius is colder than -40 degrees C. It's true, but it's still effing cold mate.
@Mike-wc1ns
@Mike-wc1ns Жыл бұрын
I'm not sure anything will fix the problem until "We The People" are willing to adopt the ways of our past beliefs and values of hard work and sacrifice.
@ingkie
@ingkie Жыл бұрын
He used the word ' allies '. What do you think?
@philamor5139
@philamor5139 Жыл бұрын
rational policy
@goatrockhunters8000
@goatrockhunters8000 Жыл бұрын
Russia is amassing over 500k troops at this very moment. 75% of Ukraine has no electricity. They will lose Bakmut, which is probably the most important logistical hub in eastern Ukraine, with a week or so. The ground there is almost completely frozen
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