JP Morgan boss on the rising economic threat from China

  Рет қаралды 123,848

Sky News

Sky News

21 күн бұрын

The head of the world's biggest bank has told Sky News the West should "fully engage" with China rather than seeking confrontation.
Jamie Dimon, chief executive of JP Morgan Chase, said the US was taking the right approach by holding talks with Beijing.
He also added the US and West must stand together against the economic might of China.
It follows President Biden's announcement that the US was quadrupling tariffs on Chinese electric vehicles.
Latest business news: news.sky.com/story/money-news...
#china #unitedstates #jpmorganchase
Read more: news.sky.com/story/china-is-b...
SUBSCRIBE to our KZbin channel for more videos: / skynews
Follow us on Twitter: / skynews
Like us on Facebook: / skynews
Follow us on Instagram: / skynews
Follow us on TikTok: / skynews
For more content go to news.sky.com and download our apps: Apple itunes.apple.com/gb/app/sky-n... Android play.google.com/store/apps/de...
Sky News Daily podcast is available for free here: podfollow.com/skynewsdaily/
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: / @skynewsespanol
To enquire about licensing Sky News content, you can find more information here: news.sky.com/info/library-sales

Пікірлер: 426
@lyttlebee
@lyttlebee 17 күн бұрын
China never said the US or UK is an economic threat when China was still weak, but rather quietly learnt from both capitalist countries on running an effective economy. Now China is rising big and fast, why can't US or UK learn from China on running an efficient economy??
@zhaokwong5544
@zhaokwong5544 14 күн бұрын
They did. They use sanctions and fear mongering perspective on their news outlets when reporting on China. Remember, most Westerners people are naive to what they see or read on their news channels.
@gyccommunityinenglish
@gyccommunityinenglish 14 күн бұрын
Anyone who is not part of white power structure who is rising is a threat to their Dominion.
@phil20_20
@phil20_20 13 күн бұрын
Because they are not running a smooth efficient economy. They are artificially propping it up through stolen technology and an inflated currency.
@NGGYUNGLUD
@NGGYUNGLUD 13 күн бұрын
Just compare your work culture to China's...
@r.s.4174
@r.s.4174 13 күн бұрын
No. Feminism has taken over. Now it's all about free stuff.
@wataric1600
@wataric1600 19 күн бұрын
When US can't compete it shouts national security concern! Unfair competition! overcapacity! sanctions! 😂
@micaeloliveira2727
@micaeloliveira2727 19 күн бұрын
Chinese uses all means to an end . The state runs the economy and that's not free market competition. We should not accept to deal with them without huge taxes . Dumping , slavery, monopolize the markets ( Iron, cobalt , lithium etc ) , industrial spying, surveillance, etc etc . Not reliable and aggressive partner
@joetran8798
@joetran8798 17 күн бұрын
Wumao sighted.
@middlepath8850
@middlepath8850 16 күн бұрын
​@@joetran8798waiting to hear your side of the story
@edwardsnowden8821
@edwardsnowden8821 16 күн бұрын
how is Langley ​@@joetran8798
@LCCATCX
@LCCATCX 16 күн бұрын
@@middlepath8850 He doesn't have any counter arguments. That's why he could only resort to name calling.
@Sarah-ui3vd
@Sarah-ui3vd 18 күн бұрын
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth
@Joseph-zw3sb
@Joseph-zw3sb 18 күн бұрын
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
@MileyHumphrey-ql4jp
@MileyHumphrey-ql4jp 18 күн бұрын
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
@Thomas-mh6ib
@Thomas-mh6ib 18 күн бұрын
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@MileyHumphrey-ql4jp
@MileyHumphrey-ql4jp 18 күн бұрын
Angela Lynn Shilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@Thomas-mh6ib
@Thomas-mh6ib 18 күн бұрын
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
@georgelim3651
@georgelim3651 15 күн бұрын
Americans like to think it should change China and that their democratic system is the best system. China never tries to change other countries political system. The Chinese people are happy with the way their government has improved their livelihood and lifted 800 million Chinese out of poverty. Democracy doesn’t work for every country. If one looks at India which is the world’s largest democracy and has the same population as China, their GDP in 1950 was equal to China, today it is only one-fifth of China’s GDP. Its infrastructure is s primitive compared to that of China. The west should stop telling other countries what to do and concentrate on solving their enormous domestic problems.
@PauloSYSengineering
@PauloSYSengineering 2 күн бұрын
China is democratic, but it is not Western democracy. To me it seems that the USA is not democratic with only 2 parties, but my opinion is just that, my opinion.
@GraceCole-qy6ul
@GraceCole-qy6ul 2 күн бұрын
Lol that is exactly the point for 100+ years! Aka communism isnt what Marx described, in reality it is totalitarianism for empire building as-is and China doesnt care about who they work with right now in third world countries as long as they whip their people into line. Long term, I am sure the Maoist purists at the heart of the politburo believe the commie utopia will free them one day lmfao
@dessmith7658
@dessmith7658 19 күн бұрын
It's not a threat, it's competition
@tustak
@tustak 18 күн бұрын
it is a threat for supremacy
@bboystretch7788
@bboystretch7788 17 күн бұрын
errr a threat to Us hegemony. don’t your notice how many wars the yanks are involved in?
@donnieboy123
@donnieboy123 16 күн бұрын
@@tustak lol😂
@darthvadeth6290
@darthvadeth6290 16 күн бұрын
If not a threat, why sanction and provoke?
@zhaokwong5544
@zhaokwong5544 15 күн бұрын
There is no competition. China commands the whole manufacturing supply chain. Impossible to compete. Tariff is the only option. 😢
@shunhongdai8818
@shunhongdai8818 19 күн бұрын
We are selling Tesla all over the world. Does she mean we should stop doing that since we are over capacity for domestic market? How about our farmers? Do they need international market since they are over capacity for domestic market as well?
@patrickbianchi1146
@patrickbianchi1146 17 күн бұрын
Over The world: Europe and usa 😂😂😂😂
@tobyli52
@tobyli52 17 күн бұрын
Made in China Tesla’s 👍
@danwelterweight4137
@danwelterweight4137 16 күн бұрын
​@@tobyli52Teslas made in China are for the Chinese market, not for the US market.
@HellBot-gi5si
@HellBot-gi5si 16 күн бұрын
Chinaman don't be fooled by "Capitalist Propaganda". Despite Donald Trump and Joe Biden putting tariffs on certain goods, America and China did a "RECORD BREAKNG" $758 billion dollars in trade in one year. This is just political posturing so don't take it seriously.
@kenbehrens5778
@kenbehrens5778 15 күн бұрын
Half the world Tesla production is made in the gigafactory in Shanghai, China.
@ppen8359
@ppen8359 19 күн бұрын
So basically, UK was part of EU market and now he wants UK to be part of US market.
@marshall3278
@marshall3278 19 күн бұрын
Britain can't do, say, or even think about anything without permission from the US. It's pathetic. Britain fell from their greatness of the colonial times...so fuckin what? They don't need to try and relive it vicariously through the United States.
@NGE0001
@NGE0001 19 күн бұрын
It has access to both. The biggest bank in Europe is HSBC which get 60%+ profits from China
@patrickchiu9808
@patrickchiu9808 18 күн бұрын
@@NGE0001,
@yixianli2700
@yixianli2700 18 күн бұрын
@@NGE0001you mean Hong Kong SAR, not mainland China 😂
@NGE0001
@NGE0001 18 күн бұрын
it has both SAR and Mainland @@yixianli2700
@jianusheng3851
@jianusheng3851 13 күн бұрын
A banker talks about "freedom" and "democracy" when it comes to the issue of China, funny.
@ssuwandi3240
@ssuwandi3240 6 күн бұрын
He just reported that the dollar is officially being cornered due to China EVs 100% sanctions.. I guess one sided overcapacity propaganda has backfired
@user-vj5ml8hy8m
@user-vj5ml8hy8m 5 күн бұрын
yeah, they shouldn't have such a strong economy. they need 'freedom'.
@chkee17
@chkee17 17 күн бұрын
Mr. Jamie Dimon appears to be more rational and level-headed in his approach compared to certain politicians.
@fongponto
@fongponto 16 күн бұрын
Its called hypocrisy
@hermesliteratus882
@hermesliteratus882 15 күн бұрын
He's a businessman, not a crazy hot headed politician.
@chkee17
@chkee17 15 күн бұрын
Indeed, JP Morgan is fortunate to have such a capable individual serving as their CEO.
@zhaokwong5544
@zhaokwong5544 14 күн бұрын
JP Morgan has business in China for a very long time and he needs to be smart with what he say, unlike politicians, who does things that are popular, but not the right thing.
@chkee17
@chkee17 14 күн бұрын
Yeah, and he seems way more reasonable than most politicians.
@rationalthinker2200
@rationalthinker2200 17 күн бұрын
What balloney..Damon..China works with all political system and has not an iota of interest in changing US and Europes political system..it is US brandishing my way is more superior and actively initiate regime changes etc all over the globe. How many wars and conflicts 40? Have US innitiated and participated over the last 45 years...whereas China had no participation to change anyones political system nor engage in arm conflict for nearly the last 50 years..
@kenbehrens5778
@kenbehrens5778 15 күн бұрын
Excellent analysis Rational thinker. The US has form when it comes to war. In 2023, Richard Haass, President of the US Council on Foreign Relations said that The United States has become ‘the most profound source of instability worldwide’. After running the organization for two decades, Haass said he ‘has come to a disturbing conclusion that the most serious danger to the world's security right now is the United States itself’, he told The New York Times in an interview.(July 1 2023) Brown University 'Cost of War Project' makes compelling reading on the topic.
@wwbren
@wwbren 13 күн бұрын
Well said. It has always been my way or the highway *for the US. The fact that Hungary can vote the other way in the UN when it's close to China says everything.
@ssuwandi3240
@ssuwandi3240 6 күн бұрын
China has taken over as the largest FDI in ASEAN.. Used to be Japan and before that was the US. So G7 literally was outted to lead the growth in Emerging markets Tigers. That's bad as the EU emerging member at similar size is prob only Poland
@GraceCole-qy6ul
@GraceCole-qy6ul 2 күн бұрын
Bullshit! Chinese spend a bunch on propaganda to influence us thought… “mom, dad, i hate capitalism and want to be a part of the revolution in dc like on the Disney show!” Lol
@guanzehuang9609
@guanzehuang9609 19 күн бұрын
Jamie made my day! He said US want to protect the free peaceful democracy from China. But my question is do we against it? No, US, EU and Britain can live as they like. We don't care. Our focus is on ourselves and better us. Jamis is really clever, and actually he wants to say, US must continue to lead the world, but in the rivalry to China US alone cannot win. He must say China is threat to west democracy, otherwise, how can he get the support from the other west countries? He is totally ideological! What a joke is he said US should help the other countries. But how? since 2008 crisis has anyone seen it? In the tech war of the last 5 years US actually sanctioned the alliance's companies and stop them to sell their products to China. The companies lost their market share and profit, which is taken now by the local competitor. is it a help to such countries? at least I doubt it! if it is financially, means pls keep faithful to Dollar. But due to the treasury debt and fiscal deficit, even he self admit the growth in US is driven by debt and deficit. how can it be sustainable? So actually what he wanted is the alliance must sacrifice their interests for US interest. otherwise, US economic will get huge problem!
@pedrohuevon8844
@pedrohuevon8844 15 күн бұрын
The way to get out of the 100% GDP to debt ratio created by irresponsible spending is to get allies to help and share the burden in a plan towards a massive devaluation of dollar IMO
@teddydibiase4126
@teddydibiase4126 9 күн бұрын
US is doomed, live with it. We don't need war mongering for eternity.
@greentraveler4114
@greentraveler4114 19 күн бұрын
competition or threat? Europe also subsidize Boeing, BMW, Mercedes,etc. by injecting direct cash flow or so-called stimulus, tax break, cheap loans, or cheaper land.
@pumalee1997
@pumalee1997 17 күн бұрын
Does this mean that Japan admits that it cannot beat China in competition?🙄
@hermesliteratus882
@hermesliteratus882 15 күн бұрын
Yes, it does.
@fredhampton321
@fredhampton321 13 күн бұрын
Basically the UK is officially sold
@willeisinga2089
@willeisinga2089 18 күн бұрын
China opportunities. Solar Battery EV Cars. US EU has not. We need it. China has it.❤❤❤
@amarmrkulic1389
@amarmrkulic1389 14 күн бұрын
And they break after 7 days
@Howiex-is8gq
@Howiex-is8gq 19 күн бұрын
Chinese Oligarchs Russia. Oligarchs American Oligarchs People choice: slavery...
@kuanged
@kuanged 19 күн бұрын
Since when in history has the common man not licked the crumbs that have fallen from their masters' tables?
@david50665
@david50665 11 күн бұрын
@@kuanged the narrative of democracy and capitalism is the common man can also be at the table....and majority of people under democracy believes it with as much fervor as a religious zealot. So religion is not dead it's just change its name so that what ur saying above amounts to sacrilege even though it's reality
@TacticalMayo
@TacticalMayo 6 күн бұрын
​@@kuangedAbsolutely
@Howiex-is8gq
@Howiex-is8gq 19 күн бұрын
China is making bigger profit. Spending way less. To invest in china is wiser No such thing as democratic
@ordinaryclass8508
@ordinaryclass8508 19 күн бұрын
India will take that
@NGE0001
@NGE0001 19 күн бұрын
100% Just look at India stock market performance vs Chinas for the last 5,10,20 years. Only politicians profit in China @@ordinaryclass8508
@Dr.Kraig_Ren
@Dr.Kraig_Ren 19 күн бұрын
Nope. I can give hundreds of reasons why China is no longer a good investment. Democracy only plays a small part in it.
@DW-op7ly
@DW-op7ly 19 күн бұрын
@@ordinaryclass8508India has a 100 billion dollar a year trade deficit with China
@DW-op7ly
@DW-op7ly 19 күн бұрын
@@Dr.Kraig_RenChina does not need foreign investment That FDI will only cause more bubbles
@bobcat6751
@bobcat6751 16 күн бұрын
No the biggest bank in the world by assets is Chinese so is the 2nd, 3rd, 4th. Chase is the 5th.
@user-rh4dh6el6q
@user-rh4dh6el6q 19 күн бұрын
Jp Morgan is the world fourth largest bank in the world. 1. ICBC -china 2.CBC- china 3.ABC- china 4.jp Morgan - usa 5.BOC- china
@leonie563
@leonie563 19 күн бұрын
So sucks the soul out of American mortgagees and then walks into UK as a branding exercise to "to help youths get a nice shiny mortgage prison". Absolutely toxic.
@jerrellholder8382
@jerrellholder8382 19 күн бұрын
Your smart 😂 they want thar English market
@aihong2971
@aihong2971 18 күн бұрын
As of the latest available data, the Industrial and Commercial Bank of China (ICBC) has the largest market capitalization among international banks. ICBC, a state-owned bank in China, often tops the list due to its vast assets and significant influence in the global banking sector. JO Morgan is not even the second biggest. Get a researcher.
@niweshlekhak9646
@niweshlekhak9646 12 күн бұрын
JP Morgan owns many other banks that make it bigger.
@dwchen1
@dwchen1 8 күн бұрын
JP Morgan is the largest in terms of market cap. In terms of total assets ICBC had the biggest . JP Morgan total asset it has manage is $3.9 trillion while ICBC had $6.6 trillion.
@tedwong7037
@tedwong7037 18 күн бұрын
US is the envy of G7,hahaha, its sucking the G7 dry
@davidlee9493
@davidlee9493 19 күн бұрын
He actually makes more sense than the U.S. politicians.
@NGE0001
@NGE0001 19 күн бұрын
that is because he is their boss
@tariqramadan1521
@tariqramadan1521 18 күн бұрын
He is bought and paid for
@hawkychg3930
@hawkychg3930 13 күн бұрын
Economic threat from China, are these people genuinely out of their mind? May I ask who is the one who started the tariff and semi conductor chip restrictions? From Huawei to Tik tok accusations of spy.
@FrankD985
@FrankD985 15 күн бұрын
look at the choice of Elon mask, establish the largest Tesla factury in China, Chinese government give the same treatment as equal to Tesla as to all the Chinese brand companies..
@slomo4672
@slomo4672 19 күн бұрын
Don't call competition threat in video's title
@Howiex-is8gq
@Howiex-is8gq 19 күн бұрын
It's all about co operations and politicians to get rich.they don't care about consumers...And all media controlled by governments
@UBETUBEME
@UBETUBEME 19 күн бұрын
Cooperation Not competition End the madness Boycott people
@leatile4310
@leatile4310 19 күн бұрын
If I don’t win then there is no competition, if I don’t win I’m going to tell mama, competition is when I win only
@ndacadet1
@ndacadet1 8 күн бұрын
How quickly free market, globalization, capitalism , all the ethos turned upside down once it starts hurt self intrest.
@user-be6ko6ns1e
@user-be6ko6ns1e 19 күн бұрын
Did he really just call him “richy”
@osam6356
@osam6356 18 күн бұрын
I thought I was the only one who heard that.
@leechu7338
@leechu7338 12 күн бұрын
@@osam6356 i was about to make a post about it until i found this thread😆
@joshbrown5034
@joshbrown5034 10 күн бұрын
Why would anyone listen to some banker in regards to diplomacy, this guy should get the sack what a clown
@user-bb7fv3ef5q
@user-bb7fv3ef5q Күн бұрын
In China, businessmen who interfere in politics will be jailed! Because in China, the government is to serve the people's interests, businessmen will only seek their own interests, stealing from the people!
@mickqld3003
@mickqld3003 17 күн бұрын
Did I hear Jamie Dimon say we should do something about the wealth gap? Also that JP Morgan started in London 200 years ago? Doesn't that mean they've had 200 years already to help avoid the ridiculous wealth gap in the first place? There's your proof, that good things take time. Bad things happen in a blink, because someone lets them.
@fintamaria2429
@fintamaria2429 19 күн бұрын
Sellers of Illusions!!
@boxingforselfdefence7620
@boxingforselfdefence7620 19 күн бұрын
Economic conflict is big business for banks just like Hitler was big business for JP Morgan. These bankers don't care what's good for the people. They just don't want to lose their lucrative position serving the US empire's hegemony but the fall is inevitable and lets hope we get a better deck of cards next.
@emmanuelayiik9770
@emmanuelayiik9770 15 күн бұрын
China?
@boxingforselfdefence7620
@boxingforselfdefence7620 15 күн бұрын
@@emmanuelayiik9770 why not, who have they invaded, assassinated, regime changed recently? how many millions of civilians have they killed in the last few decades?
@TacticalMayo
@TacticalMayo 6 күн бұрын
​@@emmanuelayiik9770not a chance we will never allow it.
@learkingofalbion8520
@learkingofalbion8520 19 күн бұрын
8:30. I agree with Jamie Dimon about most of his fundamental points regarding context of IRA.
@larrysherk
@larrysherk 16 күн бұрын
Cooperation is not a threat. The only threat is in the United States perception, for the U. S. wants to remain the unquestioned hegemon. But cooperation obviously beats hegemony.
@sphinxemilz
@sphinxemilz 19 күн бұрын
lol😂 trustworthy guy
@Monkehrawrrr
@Monkehrawrrr 19 күн бұрын
Imagine anyone trusting this guy lol
@yougoagogo4843
@yougoagogo4843 19 күн бұрын
It's Damian from the Original Omen movie 😂 ... He only cares about Control & Profits and Charity is Carrot 🥕 on the stick 😮
@shaqisumari304
@shaqisumari304 17 күн бұрын
I thought Icbc bank is the biggest
@user-bb7fv3ef5q
@user-bb7fv3ef5q Күн бұрын
But JP Morgan wants to be the biggest
@djc69006
@djc69006 19 күн бұрын
Jamie Dimon was a remarkable booking for Sky Breakfast considering the predictable gibberish spewed by policing minister Philps, and Wilf didn't waste the opportunity. His ability to navigate comparative politics and economic policies with intuitive fluency and accuracy was such a refreshing change. As a viewer, I have appreciated his obvious preparation over the past two weeks, which has demonstrated an authentic respect for everyday people by finding novel relevance in the day’s broader global context. To simply call him a great “substitute” feels rather unfair because he can more than hold his own, and I’ve very much enjoyed his ability to lead a thinking wo/man's morning chat show -- pitch perfect. I need facts, not "gotcha" grandstanding. I need logical lines of questioning, not scripts. I need colleagues who are decent and kind to one another, not weird mean girl crap. Naturally intellectually curious and a gentleman, I welcome Wilf's intelligent company, that of the diligent and delightful Mhari Aurora, as well as the unique mix of very informed panelists during my hectic mornings. Dimon's comments aside, I think Wilf handled this rather lengthy interview marvellously.
@MultiBazilbrush
@MultiBazilbrush 16 күн бұрын
The U S could have kept up with EV's but they stood stound talking & not building anything. Now China leads the way because they kept working on this technology.
@philipwong895
@philipwong895 18 күн бұрын
Politics determines how wealth is distributed within a country, while wars and diplomacy determine how wealth is distributed between countries. These are not good outcomes for US citizens of US Government policies: Economic inequality, inflation, stagnant real wages for the last fifty years, costly healthcare, an expensive education system, student loan debt totaling $1.7 trillion with an average balance of $38,000, poor public transportation systems, racial inequality, mass incarceration, the militarization of police, deteriorating infrastructure, housing affordability, homelessness, the opioid epidemic, and gun violence. Instead of prioritizing the welfare of its people, the US meddles in other countries to spread its version of democracy. The question is whether the USA can continue to survive with its version of democracy, not whether it can have any leadership role in the global order. Anywhere in the world, if there is a border dispute, it is usually the result of a line drawn by an Englishman; if it is an internal dispute, it is usually the US fueling it. Difference in implementation of divide and conquer strategy.
@jillesdjon
@jillesdjon 16 күн бұрын
That last paragraph is gospel … In China they called the British “time b*mb” because every international conflict on this planet originates from some UK policy set in place 100 years ago
@JcarlosDnava
@JcarlosDnava 4 күн бұрын
Going forward
@LawrenceReitan
@LawrenceReitan 19 күн бұрын
Wish for future politicians to behave and reason like this man
@deano_bites
@deano_bites 19 күн бұрын
Last month they said it was fine
@elliottgotaheadache1217
@elliottgotaheadache1217 19 күн бұрын
if u dont have a big money it makes it hard for money to make money
@ssss8162
@ssss8162 12 күн бұрын
The UK is finished.
@TacticalMayo
@TacticalMayo 6 күн бұрын
So is China.
@ssss8162
@ssss8162 6 күн бұрын
@@TacticalMayo A tiny, insignificant, declining Western country like the UK cannot be compared to a 5,000 year old civilizational state of 1.4 billion hardworking Chinese people
@mmuk5903
@mmuk5903 3 күн бұрын
​@@TacticalMayo😂😂😂😂..source: voices in my mind.
@mgv19able
@mgv19able 19 күн бұрын
Raise FDIC ins for saving acct That it”s still at $250k is nuts.
@ZenKaizen7
@ZenKaizen7 12 күн бұрын
The huge eu market is not accessible to the uk post brexit. People were fooled by politicians.
@Hinchsta
@Hinchsta 19 күн бұрын
"Ritchie" lol
@gusleonard9397
@gusleonard9397 17 күн бұрын
Jamie Dimon is the best CEO on Wall Street, he would be a great Fed Chairman or U.S President. I actually can't believe Sky News got him on.
@oscarwindham6016
@oscarwindham6016 18 күн бұрын
GUFFAW... GUFFAW... GUFFAW!!! While I'm a huge fan of Jamie Dimon (snicker snicker, shaking of head) still, I can't help but be very amused when he purports all of those grandiose reasons as being why the U. S. is doing so well which makes us to be the envy of our G-7 partners when the simple fact of the matter is that the U. S., just like China, has now fully embraced the reality of what I call the Equity Spending (ES) process that is better known as deficit spending and/or quantitative easing (QE). To put it another way, when a sovereign nation accepts the fact that it can electronically generate we the peoples' $s to - "Infinitum" - to quote Fed Chairman Powell, and without one cent of federal tax revenue being involved, it then becomes pretty much impossible for that sovereign nation to not be doing very well, and Mr. Dimon is every bit as aware of this reality as I am. As for China being an 'economic threat'..., well yeah..., I mean..., duuuh..., China has taken the "Equity Spending financial/economic bit between it's teeth", so to speak, for a very long time now which has resulted in China spending hundreds of TRILLIONS of renminbi (yuan) around the globe while forgiving a lot of these electronically generated loans which has garnered China a whole lot of influence around the world. At the same time, the U. S. is still desperately hiding the Equity Spending reality/process in plain sight while being stingy with this infinite wealth in order to maintain the hegemony derived from this wanton deceit. This is to say that every sovereign nation has the same God given right to also electronically generate their monies, just like the U. S. and China and a few other 'subsidiaries', so to speak, like Japan. My full name is - Oscar Dean Windham.
@TacticalMayo
@TacticalMayo 6 күн бұрын
Oh but it will be.
@phil20_20
@phil20_20 13 күн бұрын
He doesn't seem like the doom and gloom guy that writers always paint him to be. He actually seems quite optimistic.
@sababufilms9132
@sababufilms9132 19 күн бұрын
Nice One
@rolandwong9306
@rolandwong9306 19 күн бұрын
A free and democratic world means little to the 20% of the US without food, a home, education, and a future. It is wishful thinking to think that a policy will be devised to lift that population stuck in a sunken and buried world.
@TacticalMayo
@TacticalMayo 6 күн бұрын
It's wishful thinking to believe that the United States will simply accept China being number one. China will get the most irrational reaction from us that the world could ever imagine.
@TacticalMayo
@TacticalMayo 6 күн бұрын
Thucydide's trap ☢️
@dosdeyamaguchi9675
@dosdeyamaguchi9675 17 күн бұрын
It's Rishi not Richie
@fongponto
@fongponto 16 күн бұрын
Yeah Detroit must be doing real fine...... Probably still looks the same as it was in the 80's
@user-ui2ox4ux3z
@user-ui2ox4ux3z 15 күн бұрын
This gentleman appears to be more balance in his analysis of the trade between China and the western world. I appreciate very much his saying that it's should not be war with China and the west but rather competition. He believes in western democracy ( which i respect) and yet admits that about 20% of the population in the US do not benefit from the prosperity generated by the country. Although no form of government can eliminate poverty completely I am of the opinion that besides Western type of democracy there is also other system which can help attain the same level of prosperity that can be seen in the west with more effectiveness and rapidity. This system though not perfect is being implemented in China with astounding results: e.g more than 800 millions people lifted out of poverty. Is this not remarkable?
@monkeeseemonkeedoo3745
@monkeeseemonkeedoo3745 14 күн бұрын
To the extent that they have alleviated poverty yes, it is remarkable and a good thing.
@TacticalMayo
@TacticalMayo 6 күн бұрын
It will not be competition, it will be what everyone does not want the most.
@user-cp7wc8ew9u
@user-cp7wc8ew9u 18 күн бұрын
If NATO saction china,,china may think for doing to help Russia too
@Lavonjanr1
@Lavonjanr1 17 күн бұрын
usa wanted free trade back at 80 s, but now when they loosing dominance we should go back to defending own economy 😂😂
@LivingGoodAlaska
@LivingGoodAlaska 19 күн бұрын
Tom Hanks could play this guy in a movie🤔It would be his first role as a supervillain.
@yatohcc7907
@yatohcc7907 17 күн бұрын
If they do it, it's ok. Shameless!
@yatohcc7907
@yatohcc7907 17 күн бұрын
delete. wrong place. apologies.
@nengdajin7593
@nengdajin7593 17 күн бұрын
China isn't competing with the west. Just US.
@fongponto
@fongponto 16 күн бұрын
US is slugging after the facts
@cathalrooney9409
@cathalrooney9409 18 күн бұрын
Pure P.R. . These guys have no interest in society..
@osam6356
@osam6356 18 күн бұрын
No interest whatsoever. At least he admitted that making donations helps the company look better.
@undisputedtruth2075
@undisputedtruth2075 19 күн бұрын
Is it just me or does this guy sound like a New York Mobster ?
@ibrahimnasution3672
@ibrahimnasution3672 19 күн бұрын
good procet
@ay67886
@ay67886 12 күн бұрын
The boss is too naive with China.
@Nandutmg
@Nandutmg 16 күн бұрын
West and USA demanding a guarantee of winning in competition. 😂😂😂😂
@cheersmodreams691
@cheersmodreams691 10 күн бұрын
I always believed a HS Home Economics course should include basic budgeting and all the stuff Jamie spoke of.
@amandacollyer645
@amandacollyer645 3 күн бұрын
I am sure the big, strong, JP Morgan boss would love to perpetuate the status quo. Real cutting edge reporting, Sky.
@cwchay3086
@cwchay3086 16 күн бұрын
So says the same Jamie Damon who says, "Not everything that happen in the bank, I am aware". Then this same Jamie Damon seems to know and understand what is going on in other country! 🙊🙊🙊
@monkeeseemonkeedoo3745
@monkeeseemonkeedoo3745 14 күн бұрын
🙉🙉👽🛸👽🛸👽
@gregparrott
@gregparrott 13 күн бұрын
While Mr. Dimon generally spoke well, his responses were ofter too 'politically correct', For example, as expressed, he inferred that the U.S., and our relations with Europe would be fine regardless of whether Biden or trump return to the Whitehouse in 2024. That was WAY off the mark. He also hedged on Brexit, although not as badly as failing to acknowledge that trump is a real problem.
@jacktran7024
@jacktran7024 15 күн бұрын
funny Europe countries and USA forced China and Japan to trade OR ELSE! i forgot what century.... "dont hate the player hate game!"
@IntheWildLandscapePark
@IntheWildLandscapePark 18 күн бұрын
Very interesting interview; bankers steal people money, it is shown in how many have the top 5 per cent. And from this interview this man looks like very an empathetic man who gives money and helps. Look out for this Type of predator that looks like an sheep
@user-wj7cv9hb5j
@user-wj7cv9hb5j 19 күн бұрын
Jamie for prime minister... oh hes American... for president!!! Hes a super smart guy, he needs to run ... he is a great leader.. #1Fan
@christophersimutami3737
@christophersimutami3737 15 күн бұрын
Great man I will consider opening an account with jp
@user-wj4yk8ly1d
@user-wj4yk8ly1d 19 күн бұрын
"UK is a Great country" 🤔 , ".... And there s another country i ve heard of long time ago , most dear to those that know it , most great to them they know ...." 👏👏👏👏🇬🇧 "I vow to thee , my country" Eng patriotic song 🙂👏👏👏🇬🇧
@jerrellholder8382
@jerrellholder8382 19 күн бұрын
Was great
@user-wj4yk8ly1d
@user-wj4yk8ly1d 19 күн бұрын
@@jerrellholder8382 sorry , i Don t know . Was Last time Inn UK in february 1998
@user-wj4yk8ly1d
@user-wj4yk8ly1d 19 күн бұрын
@@jerrellholder8382 i Guess there Is more poverty , more trafic jaim , less Aire for breathing , less oportunity , as Germans say Here in Russia : all positions Are occuppied , to me , in 2001 , Germans in Russia 😂😂😂 how Dare Germans who killed milions 😂😂😂
@user-wj4yk8ly1d
@user-wj4yk8ly1d 19 күн бұрын
".... No matter where we are , no matter how deep offences may be , we don t need no shield , cause love is thee armoure we d better have ..." Kelly Rowlland 🙂👏👏👏🇬🇧🇬🇧🇬🇧
@Jamie-nt3eh
@Jamie-nt3eh 19 күн бұрын
jp Morgan is a very bad employer... maximise use of short term contracts
@object85
@object85 13 күн бұрын
Very level-headed compared to the politicians
@barryshaw5660
@barryshaw5660 11 күн бұрын
Those banks stole most all of that money. Now they want to give some away like they’re nice people that’s amazing.
@ekayonosuwito3298
@ekayonosuwito3298 16 күн бұрын
A looser says :thread A winner says: compete
@Do-not-be-sheep
@Do-not-be-sheep 19 күн бұрын
Britain did not stand alone - Canada, Australia and the rest of the commonwealth declared war within days of Britain declaring war.
@marshall3278
@marshall3278 19 күн бұрын
Where were they for the Battle of Britain lol
@Do-not-be-sheep
@Do-not-be-sheep 19 күн бұрын
@@marshall3278 do your history. There were a lot of Canadian pilots who flew in the Battle of Britain as well as poles aussies and kiwis. Even a couple of Americans. Canada mobilized its army to britain during the Battle of Britain in the event that Germany actually did invade. Of course they were twiddling their thumbs afterwards.
@iggy5347
@iggy5347 19 күн бұрын
Australia left the chat
@Do-not-be-sheep
@Do-not-be-sheep 19 күн бұрын
@@iggy5347 Australia was there but they were busy preparing for a potential Japanese invasion. Canadians served in the rcaf and the raf In addition to pilots they contributed more than 2000 ground crew and bombers crews during the Battle of Britain. Canada mobilized to britain Jan 1 1940 and sent two regiments over with the British expeditionary force. Britain did not stand alone but shouldered the bulk of the effort since Canada had a small regular army before the war. By the end of war Canada's military was 1.1 million people out of a population of 11 million. Australia and New Zealand had similar percentages but our American cousins believe they fought world war 2 alone. It’s our fault because in Canada our liberal governments want to bury the fact that Canada made a substantial contribution to both world wars and were fighting long before the USA joined the war effort. But in fairness, Canadians and Britain were very thankful to the support provided by the USA before they entered the world war 2. The first world war was a different matter, but the USA definitely did more than their fare share in world war 2.
@jeanb8643
@jeanb8643 9 күн бұрын
The sad part is that the distrust of the elite makes me not believe Jamie’s propaganda of how he is interested in the welfare of humanity. He is just out for himself.
@oliveirlegume3725
@oliveirlegume3725 14 күн бұрын
No excess money not reflecting goods are not good for humanity. It only produces poor people living in streets having no food
@MyVideos-fk5wg
@MyVideos-fk5wg 12 күн бұрын
China is not old China but USA is same😂
@TacticalMayo
@TacticalMayo 6 күн бұрын
Yeah but remember how the USA is ☢️
@staspastukov5944
@staspastukov5944 8 күн бұрын
"20% of America's population is left behind.." he probably loves America with that love that is blind.
@elizabethyao5677
@elizabethyao5677 3 күн бұрын
Did I hear Jamie ask us government don't worry about economy soft landing or not, but focus on middle east terrorist, focus on Russia Ukrain war, focus on bring freedom and democracy in China? How does that help common people, resolve poverty and bring debt down in us? I really don't get it.
@middlepath8850
@middlepath8850 16 күн бұрын
What a title, War, war, war... OMG, take care of your people....
@TacticalMayo
@TacticalMayo 6 күн бұрын
should have never reached for our 🇺🇲 number one spot.
@skygrey7237
@skygrey7237 13 күн бұрын
This guy is completely clueless.
@theslaughterdjdistortion5155
@theslaughterdjdistortion5155 15 күн бұрын
Threat to his pocket
@jgwizo
@jgwizo 4 күн бұрын
I think most financial system are meant to reduce the negative financial brands outcome. I think these banks that are based on merges like social media are terrible to small countries. Covid was developed by UK and USA in the nineties and a new approach is to ensure win-win outcome. For economic reasons there are growing abuse of investing outside the countries. A lot of investment bank deliberately isolate funds from countries where they invest in. At the end of the road countries are deprived of assets ownership.
@kenbehrens5778
@kenbehrens5778 5 күн бұрын
'Without fanfare...China has just overtaken the United States as the world's largest economy. China enter 2015 in top position...In doing so it returns to the position it held through most of human history' Joseph Stiglitz US Nobel winning economist December 4 2014. Of course the US should engage with China, just like most of the word does.
@adamumuhammad9595
@adamumuhammad9595 8 күн бұрын
"Freedom and democracy" really?
@sol7166
@sol7166 15 күн бұрын
This is a kind of gentleman we need as leader for the 21st century and beyond 🙏🏼
@willrose5424
@willrose5424 19 күн бұрын
Great interview!
@alfredoleal2101
@alfredoleal2101 14 күн бұрын
Threat to whom?
@TacticalMayo
@TacticalMayo 6 күн бұрын
🇺🇲
@Umma1967
@Umma1967 18 күн бұрын
The word is Britisher, not Britainer.
@ananthoct08
@ananthoct08 14 күн бұрын
Richie ? It’s Rishi Jamie
@TopQuality-ms6uf
@TopQuality-ms6uf Күн бұрын
Can someone make me understand what is Americans national security. Other countries have no national security.
@antcramp
@antcramp 15 күн бұрын
Jamie loves Bitcoin❤❤
Jamie Dimon on the Economy, U.S.-China, Overseas Wars and More: Full Interview | WSJ
37:42
Joven bailarín noquea a ladrón de un golpe #nmas #shorts
00:17
1 класс vs 11 класс (неаккуратность)
01:00
БЕРТ
Рет қаралды 4,9 МЛН
狼来了的故事你们听过吗?#天使 #小丑 #超人不会飞
00:42
超人不会飞
Рет қаралды 61 МЛН
КАК СПРЯТАТЬ КОНФЕТЫ
00:59
123 GO! Shorts Russian
Рет қаралды 3 МЛН
Why is Biden ratcheting up the trade war with China? | Counting the Cost
28:01
Why American Automakers Are Failing In China
16:34
CNBC
Рет қаралды 1,4 МЛН
America’s Big Chipmaking Blunder
8:44
Bloomberg Originals
Рет қаралды 655 М.
The Intelligence Squared Economic Outlook China Special, with Keyu Jin
1:14:33
Intelligence Squared
Рет қаралды 47 М.
Can China's AI Technology Compete With the US?
16:55
Bloomberg Television
Рет қаралды 98 М.
About 50% Of Jobs Will Be Displaced By AI Within 3 Years
26:26
Fortune Magazine
Рет қаралды 162 М.
Joven bailarín noquea a ladrón de un golpe #nmas #shorts
00:17