Wall Street's king, Jamie Dimon, on the US presidency

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The Economist

The Economist

Күн бұрын

CEO of America’s largest and most successful bank, JPMorgan Chase, Jamie Dimon heads up a globe-spanning operation worth more than $400BN. In this film Zanny Minton Beddoes, the editor-in-chief of The Economist, probes his public-policy ideas-from US-China relations to Bidenomics-and hears his plans for the future.
00:00 - Jamie Dimon, the king of Wall St
00:50 - Jamie Dimon on Sino-US relations
06:25 - Jamie Dimon on US leadership
09:53 - The success of Bidenomics
13:04 - Jamie Dimon’s presidential ambitions
Sign up to The Economist’s daily newsletter: econ.st/3QAawvI
Watch the full interview here: econ.st/44nrk02
The last, unfulfilled dream of Jamie Dimon, king of Wall Street: econ.st/3JWa0aq
Central banks face an excruciating trade-off: econ.st/3Dbavtq
Should Jamie Dimon retire?: econ.st/44DdNBm
The fight over working from home goes global: econ.st/3rp6T4k

Пікірлер: 527
@darnellcapriccioso
@darnellcapriccioso Жыл бұрын
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
@ericmccormick82
@ericmccormick82 Жыл бұрын
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
@maiadazz
@maiadazz Жыл бұрын
I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
@darnellcapriccioso
@darnellcapriccioso Жыл бұрын
@@maiadazz I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@maiadazz
@maiadazz Жыл бұрын
Cant reveal much, Margaret Johnson Arndt oversees my portfolio, and I believe she has the expertise to meet your growth goals, you can look her up, her qualifications speak for itself.
@richardhudson1243
@richardhudson1243 Жыл бұрын
@@maiadazz Thanks a lot for this recommendation. I just looked her website up, and I have sent her an email. I hope she gets back to me soon.
@unapologetictraveller8171
@unapologetictraveller8171 Жыл бұрын
This is a fabulous example of a great interviewer who knows how to ask questions and a interviewee who can get to the point and convey his message in a way that everyone can understand. Well done The Economist!
@punnyabrata
@punnyabrata Жыл бұрын
About a decade ago, I worked briefly with JPM and experienced a unique benefit. Every employee who had worked for a certain period and was still on the payroll received an annual bonus regardless of their performance. It was called the “Jamie Dimon Bonus” and it was quite generous. This was in addition to any performance bonus or other benefits. I have never seen such a gesture in any other organization in my nearly two decades of work experience.
@punnyabrata
@punnyabrata Жыл бұрын
@skutchblobaum6539 I didn't need to reply to your comment but I'm replying to explain why I disagree with your opinion. I personally think that he is a responsible and visionary leader whose sole obligation is towards his organization, his shareholders and his employees. He has merely shown his gratitude and generosity by giving his employees a well-deserved bonus. He is widely regarded as one of the most influential and respected business leaders in the world. I don’t think your comment is based on facts or evidence, but rather on personal bias and resentment.
@lilblackduc7312
@lilblackduc7312 Жыл бұрын
We've got a rule around here, "Don't feed the trolls", although I'm guilty of baiting them myself for sport. Your opinion of Jamie Dimon is shared... @@punnyabrata
@David-wc5zl
@David-wc5zl 11 ай бұрын
LOL. That's because you all ripped off so many people. The homeless crisis is literally your shared fault.
@MuratAksu34
@MuratAksu34 11 ай бұрын
YW. The tax payers paid for your bonus. Banks take the risk, we carry the burden. Too big to fail right?
@lilblackduc7312
@lilblackduc7312 11 ай бұрын
.."Privatize the profits and socialize the losses".@@MuratAksu34
@sattler96
@sattler96 Жыл бұрын
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
@mikeroper353
@mikeroper353 Жыл бұрын
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned 180k savings to turn to dust
@jessy830
@jessy830 Жыл бұрын
Recessions present excellent possibilities for wealth generation in the financial sector. I became aware of the necessity for a financial counselor when my portfolio suffered a substantial loss in April of last year. With her help, I was able to recoup my losses while still making a $250,000 profit. In my quest for financial success, the knowledge and abilities I've gained via this experience have been crucial.
@Nernst96
@Nernst96 Жыл бұрын
@@jessy830 I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
@jessy830
@jessy830 Жыл бұрын
I'd recommend Colleen Rose Mccaffery. She is a genius when it comes to diversifying her holdings. You can verify her identity for yourself by looking her up online. She is well knowledgeable about the financial markets.
@Nernst96
@Nernst96 Жыл бұрын
Benevolence, this reference seems valid.. Just inputted her full name on my browser and found her site without sweat, 20 years of experience is certainly striking! very much appreciate it
@amin8202
@amin8202 Жыл бұрын
What a brief, high level, to the point and effective interview. Enjoyed it
@yorktown99
@yorktown99 Жыл бұрын
Definitely well edited.
@x2daZ1
@x2daZ1 Жыл бұрын
His bank is handling 10 trillion a day it has to be all of those things, he came this far from Bank1 and when he got fired from Citigroup what an amazing Leader
@wasdwasdedsf
@wasdwasdedsf Жыл бұрын
@@x2daZ1 lol what? hes acriminal and a clown
@x2daZ1
@x2daZ1 Жыл бұрын
@@wasdwasdedsf small minds get amazed with small things
@carlorodriguez771
@carlorodriguez771 Жыл бұрын
With changes in the economy leading to instability in the stock market, some individuals may face a decrease in their investments in an effort to benefit from the current market conditions, I am considering liquidating my $725k portfolio consisting of bonds and stocks. Someone else in the same situation? Please tell me in the comments!..
@Reymason317
@Reymason317 Жыл бұрын
would suggest you thoroughly evaluate the companies you have invested in and their estimated future performance, as we may expect to see the market decline further. To minimize stress and improve efficiency, it might be wise to seek the assistance of an investment advisor to help restructure your portfolio and identify any underperforming investments to offset. This approach has been successful for me and has reduced my stress levels.
@carlorodriguez771
@carlorodriguez771 Жыл бұрын
@@Reymason317 I have been exploring the possibility of utilizing advisors to help navigate the stock market during these uncertain times. However, I am still evaluating their potential effectiveness in providing the support I need.
@Reymason317
@Reymason317 Жыл бұрын
@@carlorodriguez771 Christy Val D'souza is an esteemed coach known for her proficiency in her area of expertise. You probably might have come across her. I found her on a CNBC interview where she was featured and i reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can carry out a quick internet research on her name for more info. I basically follow her market moves and haven’t regretted doing so...
@carlorodriguez771
@carlorodriguez771 Жыл бұрын
@@Reymason317 I was considering changing my investment strategy and planning to sell certain positions. As my retirement is coming soon,I became increasingly stressed. After thoroughly researching Christy Val D'souza on internet, I concluded that I had made an informed decision. Thank you for this Pointer. She seems very proficient and flexible. I booked a call session with her too.
@tonysilke
@tonysilke 8 ай бұрын
This administration is just the worst, the crises we're facing is government inspired. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone is the 15th when the government issue a new batch of Bonds. I have approximately 350k stagnant in my portfolio that needs growth. What is the best way to take advantage of this downturn?
@trane85
@trane85 8 ай бұрын
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation
@PhilipDunk
@PhilipDunk 8 ай бұрын
In the world of finance, recessions are prime opportunities for wealth creation. When my portfolio suffered a significant loss in April of last year, I realized the need to enlist the expertise of a financial consultant. With her guidance, I have not only recovered from my losses but also generated a profit of 250k. The knowledge and skills I have acquired through this experience have been invaluable in my journey towards financial success.
@mikeroper353
@mikeroper353 8 ай бұрын
@@PhilipDunk Please can you leave the info of your invstment analyst here? I need such luck
@PhilipDunk
@PhilipDunk 8 ай бұрын
There are many you could potentially find online. I personally work with Vivian Carol Gioia, and she's been spectacular. But there are also many others you could check out yourself.
@mikeroper353
@mikeroper353 8 ай бұрын
@@PhilipDunk Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
@marcusmcg9083
@marcusmcg9083 Жыл бұрын
Not sure how much i believe what he says but love how smooth an operator is
@RR-et6zp
@RR-et6zp 2 ай бұрын
exactly
@Zachary_Douglas
@Zachary_Douglas Жыл бұрын
GREAT CONTENT. The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $400k worth of stocks?
@CharlotteBrian
@CharlotteBrian Жыл бұрын
That's why I'm creating more income streams that I have complete control over. These will take me places that my day job never could. The earlier you start investing your money and putting it to work, the more time compound interest has to work its magic on your portfolio. This is how I'm going to achieve early retirement and it's possible for everyone. understand, know the path needed and stay committed to the craft.
@ThomasRyan0
@ThomasRyan0 Жыл бұрын
How are we going to achieve all that given that the market has being a mess most of the year seems farfetched. I keep hearing that the market is pricing in a 60% probability of a 75 hike. But isn’t it also pricing in a dovish fed that’s going to pivot relatively quickly?
@CharlotteBrian
@CharlotteBrian Жыл бұрын
@@ThomasRyan0 My consultant is Mariam Sandra Milner. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so.
@ThomasRyan0
@ThomasRyan0 Жыл бұрын
@@CharlotteBrian Thank you for this tip, I must say, Mariam appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
@vhufeosqap
@vhufeosqap Жыл бұрын
Fake thread?(of course it is)
@matthewjulius5401
@matthewjulius5401 Жыл бұрын
Great interview. What an incredibly reasonable man. I think the comment about needing practice before running for President is exactly right. Some transferable skills, a lot of complexities that don't exist in the private sector.
@anakwesleyan
@anakwesleyan Жыл бұрын
But then if someone like Trump, Biden can still do it...
@CJT49
@CJT49 Жыл бұрын
Learn more about him and you'll realize how terrible of a person he really is
@wasdwasdedsf
@wasdwasdedsf Жыл бұрын
hes a criminal and a clown
@lilblackduc7312
@lilblackduc7312 Жыл бұрын
the U.S. needs an American in the White House, specifically a businessman, NOT an Adel Minded Child Sniffer...@@anakwesleyan
@David-wc5zl
@David-wc5zl 11 ай бұрын
This man should be in prison. Idiocracy is here.
@Rochelletrem
@Rochelletrem Жыл бұрын
Since Biden took office, there seem to have been more unfavorable results in America. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.
@philipr1759
@philipr1759 Жыл бұрын
To "buy the dip" It will be profitable in the long run. However, investors should be wary of the bull run. It is advisable to connect with a skilled adviser to fulfill your growth objectives and prevent mistakes. High interest rates typically result in lower stock prices.
@theresahv
@theresahv Жыл бұрын
I truly enjoy having a portfolio coach to help me make market judgments on a daily basis. They possess a special combination of abilities that enable them to take both long and short positions, benefiting from the possibility of significant gains while also safeguarding against downward turns. Additionally, they have access to exclusive knowledge and research that virtually guarantees they will outperform. I've had a portfolio coach for more than two years, and throughout that time I've actually earned over $300k. It was a wonderful experience!
@DavidRiggs-dc7jk
@DavidRiggs-dc7jk Жыл бұрын
@@theresahv This is exactly how i wish to get my finances coordinated ahead of retirement. Can I get access to your advisor?
@DavidRiggs-dc7jk
@DavidRiggs-dc7jk Жыл бұрын
@@theresahv In fact, I'm not sure whether I'm permitted to say this, but I'd suggest searching for "Julie Anne Hoover" as she gained a lot of attention in 2020. She is both my coach and the manager of my portfolio.
@Slotcarking
@Slotcarking Жыл бұрын
He chooses his words carefully, very carefully…..
@ashred9665
@ashred9665 Жыл бұрын
he is JD you know
@amawaqum1269
@amawaqum1269 Жыл бұрын
@@ashred9665he is mba not JD plsssss
@sgb4798
@sgb4798 Жыл бұрын
@@amawaqum1269JD, Jamie Dimon
@forensicaccountant259
@forensicaccountant259 Жыл бұрын
Yeah, because he remembers Ken Lewis!
@peterpalmer9757
@peterpalmer9757 Жыл бұрын
When you got the money, power, country around him you have to be. Warren Buffett said “It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you'll do things differently.”
@Shaq94701
@Shaq94701 Жыл бұрын
This is my first time hearing him talk about this stuff. I'm a fan. He brings up great points and it's nice to see that a lot of his viewpoints match my own, especially in regards to foreign policy and diplomacy. I need to get in a meeting with this guy lol
@billymadison4903
@billymadison4903 Жыл бұрын
I feel sorry for you
@forensicaccountant259
@forensicaccountant259 Жыл бұрын
"I'm a fan." Right there. SMH.
@Shaq94701
@Shaq94701 Жыл бұрын
@@forensicaccountant259 you can't be a fan of someone's policies? Foh
@keltz5028
@keltz5028 Жыл бұрын
So, he stole your ideas.
@aob4214
@aob4214 Жыл бұрын
Okay, can you write as though you’re some sort of big roller and that you have the power and influence to meet this corrupt moneygrubbing ghoul. But that you are a fan of it says something more about you than it.
@PD55_
@PD55_ Жыл бұрын
Why be President when you already control whoever is President?
@LynxOnaHype
@LynxOnaHype Жыл бұрын
you are president who controls president, and president.
@coffeeforclimate2828
@coffeeforclimate2828 Жыл бұрын
Facts!!! Exactly why his ideals aren’t in practice.
@jansmith3158
@jansmith3158 Жыл бұрын
Every banking crisis around the world was PLANNED by the evil elite 13 Bloodline families. It's all about taking money away from the people (citizens) and put it back into the pockets of the rulers. the pandemic was planned to collapse the current banking system to usher in their evil "Great reset agenda", "Digital currency", "Smart citizens. This banker is just a puppet to the new world order. WAKE UP. see bitchute, hugo talks, brand new tube. see the truth
@aob4214
@aob4214 Жыл бұрын
😂😅
@aob4214
@aob4214 Жыл бұрын
VoiceOver was one of you think I’m cool the Strongs, so why not just have a mask off moment I will run everything quite openly and on the best no shame at all just as the head hunter in the world just come out the president, it’s the next step isn’t it
@dr7246
@dr7246 Жыл бұрын
“We should be looking at our own flaws, and not always blaming other people”. A sentiment that I wish many many more of my fellow Americans would adopt. This nonsense that self criticism is unpatriotic is the stuff of deluded, weak minded, confused, frightened, people
@stoddard1953
@stoddard1953 11 ай бұрын
Some Americans don't know how to critically think. They blindly follow the leader.
@Becky_Cal
@Becky_Cal 7 ай бұрын
Completely agree! If we have a serious Achilles heel as a country, it’s this! 👆Just as with an individual person, anyone unwilling to reflect, be introspective, accept responsibility, admit mistakes and truly acknowledge and solve their problems, they will face a life full of self-created problems, potential drug addiction and even suicide! The U.S. is a body of people and right now it’s that person who’s an addict, unwilling to accept responsibility, unwilling to apologize for mistakes and someone doom to even taking its own life if it doesn’t change its ways.
@mrnmdcelestine8951
@mrnmdcelestine8951 Жыл бұрын
See how he advises that we begin conversations, "how is your family" before even talking about anything else....! Fantastic Jamie.
@SportsIncorporated
@SportsIncorporated Жыл бұрын
That is not how you establish rapport. You establish rapport by showing someone what you are going to do for them.
@xXBlackKnight
@xXBlackKnight Жыл бұрын
@@SportsIncorporated Thanks SportsIncorporated. I’m sure you know much more about building rapport than the world’s most successful living banker and dealmaker. Please tell me more
@lilblackduc7312
@lilblackduc7312 Жыл бұрын
Those lines are in the movie, "The Godfather".
@TheAutomedon
@TheAutomedon 9 ай бұрын
I wish we had a competent well spoke president so badly
@dr.michaellittle5611
@dr.michaellittle5611 Күн бұрын
You mean well spoken. It’s hard to be critical of someone else’s mode of communication when your own is subpar.😂
@TheAutomedon
@TheAutomedon Күн бұрын
​@@dr.michaellittle5611 You are unwell, seek help
@TheAutomedon
@TheAutomedon Күн бұрын
@@dr.michaellittle5611 It took less than 20 words from you to understand that you are neither socially nor intellectually adept
@dr.michaellittle5611
@dr.michaellittle5611 Күн бұрын
@@TheAutomedon When you criticize a president who has been the most consequential in years wrt policy, who cleaned up the orange Dr Disinfectant’s major messes and who has a speech impediment, in a way that shows you yourself cannot even write a proper sentence and use punctuation, I’d say I don’t really give a fiddler’s f**k what else you have to say.
@dr.michaellittle5611
@dr.michaellittle5611 Күн бұрын
@@TheAutomedon That’s risible.😂 You are the one who can’t construct a proper sentence with punctuation in English when you criticize Biden’s (speech impediment) communication. Your initial post says way more about you than my post says about me. Bye, Felicia.
@bharatichaudhari
@bharatichaudhari Жыл бұрын
Smart guy, he talking very carefully, he avoid the talk over biden policy
@CJT49
@CJT49 Жыл бұрын
Criminals like him always choose their words carefully
@subcitizen2012
@subcitizen2012 Жыл бұрын
He spelled out pretty clearly he thinks it's bad and that he's a fiscal conservative. Which is code for status quo. There's why he wouldn't need to run for president, he has more important things to do, like being one of the biggest brokers in the world with the vested interest in keeping things exactly how they are. Which is great for business but bad for everyone.
@bharatichaudhari
@bharatichaudhari Жыл бұрын
@@subcitizen2012 okk
@bharatichaudhari
@bharatichaudhari Жыл бұрын
@@subcitizen2012 thanks to u because u explained its very well
@PabloIzurieta
@PabloIzurieta Жыл бұрын
Yeah, I would vote for this guy in a heartbeat over every single other name out there.
@careyfreeman5056
@careyfreeman5056 Жыл бұрын
You're kidding right? One of the architects of the 2008 crash? Yeah, let's do that.
@duhduhvesta
@duhduhvesta Жыл бұрын
Yeah, he’s the reason most of the middle class doesn’t get the wages they deserve. I can’t even manage post Covid and only needs people in the office to feed is ego. He likes innovation because he keeps his company wrinkled with commercial real estate debt. he merge banks post gramm-beach act & keeps needing bailouts
@shazamshazamshazam696
@shazamshazamshazam696 Жыл бұрын
His candidacy would flop since he is Jewish. Hate has been the winning game in the U.S. since Nixon campaign way back in 1968, ...for example Carter for reelection in 1980 and from thence forward the only way Clinton won was as a hand picked and created neo-liberal, not democratic or Democratic candidate. (All Democratic party leaders had been assassinated or cancelled by the 1992 election), Clintons are and have always been neo-liberal, (libertarian), liars. No one in power expected Obama, a black man or Hillary a Democratic woman who had been attacked for 20 years would win. /lol the monsters sometimes fail in their plans. Edit: add missing word, picked.
@ccox4669
@ccox4669 Жыл бұрын
@@careyfreeman5056 In what way was he an architect of the 2008 crash? He ran the only bank that was asked by the government or stepped in of their own volition to rescue Bear Sterns & WaMu, while subsequently shouldering the burden of billions of dollars of legal fees incurred by the actions of those 2 failed banks/brokers. I could see you arguing that Dimon took advantage of other banks during the 2008 financial collapses, but in no way was he (or anyone) contributing to the losses as JPMorgan's balance sheet was so well-capitalized they effectively went on a shopping spree of cheaper assets as troubled/bad banks began to fail. He also advised the Federal Bank of New York during that tumultuous time, along with providing Ben Bernanke with useful data and insight. The dude is one of the most cautious, calculated, and thoughtful bank CEOs on the planet -- he knows what he is doing, why he is doing it, and who will benefit/lose from his actions.
@denzelcounts7036
@denzelcounts7036 Жыл бұрын
A banker as President? FDR would roll in his grave
@bluesque9687
@bluesque9687 Жыл бұрын
If he runs for POTUS... then his would be the most accomplished and formidable career to enter mainstream populist politics ever!!
@bluesque9687
@bluesque9687 Жыл бұрын
@@chadabercrombie6860 Smoking Reality!
@mou6854
@mou6854 Жыл бұрын
Eisenhower, Washington, and even Andrew Jackson must be figments of my imagination
@ambition112
@ambition112 Жыл бұрын
0:29: 💼 The CEO of America's largest bank discusses the global financial and geopolitical challenges, emphasizing the need for open dialogue and negotiations. 2:36: 🌍 The speaker discusses the need for a comprehensive economic strategy to counter China's aggressive regime and protect Western democracies. 5:08: 🌍 The world is currently facing a very serious issue that is affecting major relationships and global security. 7:46: 🌎 The speaker emphasizes the importance of America prioritizing its own interests and presence in the world, while acknowledging flaws in certain areas like healthcare and education. 10:46: 💼 The speaker discusses the importance of free enterprise and growth policies in improving the economy, with a focus on education and job opportunities. 12:58: 💼 The speaker discusses the possibility of running for office and their commitment to their country and business. 15:16: 📚 The speaker expresses uncertainty about their political affiliation but emphasizes the importance of taking care of citizens and doing a better job. Recap by Tammy AI
@simondelevci
@simondelevci 9 ай бұрын
he becomes to be an candidate for us president instead trump
@David-wc5zl
@David-wc5zl 8 ай бұрын
LOL. His company helped financ China's rise. Simon himself was an investor in the Chinese Defense industry. He doesn't care about America.
@teacherrussell5206
@teacherrussell5206 Жыл бұрын
If JD was president, I would actually believe it was a real job again. And not in my lifetime if ever, have we had a president who spoke as straight to people as this man does. Hard working, intelligent, no BS. Also, Nixon was president when I was born. Jamie Dimon would be the first president in my life who you couldn't do a ridiculous impersonation of.
@subcitizen2012
@subcitizen2012 Жыл бұрын
When I close my eyes I hear a bumbling Bill Clinton, but the things he's saying here also aren't all that special. Except for the market's interest in immigration. Very important point. The US economy and culture is being suppressed due to a xenophobic policy relic dating from 1875. We aren't running much like we were back then, why operate our immigration policy like that? If we let in all the immigrants we could grow ourselves out of the national debt in like 20 years and ensure the rest of the century in the US is doing okay. As it stands we're staring down demographic and at some point economic decline in prominence in the neighborhood of 2050, and there's of things go well. I still think he'd make a nice change for president, but I'd need to hear more about what he would want to do. On immigration policy alone though, that's a pretty big deal.
@CJT49
@CJT49 Жыл бұрын
@Yoloman79965 Jamie dimon is a terrible human/criminal and you clearly give him too much credit
@teacherrussell5206
@teacherrussell5206 Жыл бұрын
@@CJT49 Sounds like Presidentin' material to me but younger and smarter than anyone in the running.😄
@wasdwasdedsf
@wasdwasdedsf Жыл бұрын
he doesnt have an accomplished career... he has a gifted career in a business that gets hands on trillions and trillions of dollars at interest rates below the fair rate, banks are a ponzi scheme i nwhat way does he speak straight to people?
@David-wc5zl
@David-wc5zl 8 ай бұрын
This man help wreck the economy in 2008. You're insane and have no valid morals.
@adrianhutu
@adrianhutu Жыл бұрын
this is Warren Buffett grade wisdom right there - thanks
@thepekinghotel
@thepekinghotel Жыл бұрын
Brilliant just as the Economist sells subscription, the WSJ ad pops up
@powerhouseinco9664
@powerhouseinco9664 Жыл бұрын
Whoever says Ex consultants make lousy CEOs should look at this man. Probably the best banker in the world!!
@mikemikhaylenko700
@mikemikhaylenko700 11 ай бұрын
He is an exception to the rule
@powerhouseinco9664
@powerhouseinco9664 11 ай бұрын
@@mikemikhaylenko700 you are clearly clueless.
@mikemikhaylenko700
@mikemikhaylenko700 11 ай бұрын
@@powerhouseinco9664right, at what point Jamie was a consultant? A stint as an intern or junior doesn't count, because it's slide-making, not consulting.
@DouglasJWalker
@DouglasJWalker Жыл бұрын
Thank you for sharing parts of this interview.
@slinkus-dq4co
@slinkus-dq4co Жыл бұрын
Jamie Dimon underwrote fraudulent securities at the tune of 13 billion dollars and played a significant role himself in the 2008 recession.
@x2daZ1
@x2daZ1 Жыл бұрын
I would pay to work for this man
@c.t.2252
@c.t.2252 Жыл бұрын
JP Morgan Chase closed the bank account of Dr. Joseph Mercola because of "unexpected activity"! No other reason given according to Dr. Mercola, who had an account with the bank for 18 years. A doctor who is respected by millions and who stood up to the pharmaceutical companies, especially over the past three years, was de-banked. What was that all about, Jamie? Many millions of us know what it was all about.
@dr.michaellittle5611
@dr.michaellittle5611 Күн бұрын
I count myself as someone who doesn’t care bout Mercola and JPMs decision.
@jbi1839
@jbi1839 Жыл бұрын
Our goal first should be solving the problem of gun violence, homelessness and drug abuse.
@24killsequalMOAB
@24killsequalMOAB Жыл бұрын
Terrible take
@_WorldWorks
@_WorldWorks Жыл бұрын
You first need a strong economy to tackle those issues.
@akp167
@akp167 Жыл бұрын
No it shouldn’t be. First goal should probably be to do permitting reform or cutting the deficit.
@mikestaihr5183
@mikestaihr5183 Жыл бұрын
Why doesn't he run? Why would the Puppetmaster want to become the puppet? 🤣🤣🤣🤣
@dr.michaellittle5611
@dr.michaellittle5611 Күн бұрын
Ill-informed cynic.
@sneibarg
@sneibarg Жыл бұрын
Jamie Dimon likes to explain away why _he_ won't run for POTUS.
@islandtime5643
@islandtime5643 Жыл бұрын
Because he is a scumbag he should not run for public office.
@trucsenvracs6979
@trucsenvracs6979 Жыл бұрын
​@@luiscobos123let's have a thought for France 🤧
@ethanrich7090
@ethanrich7090 Жыл бұрын
@@luiscobos123 They hold office all of the time lol. Lawyers aren't much better.
@chrisj8764
@chrisj8764 Жыл бұрын
Smooth operator who had to pay a $13B settlement for allegedly fraudulently packaging distressed mortgages into securities and onselling for large fees without disclosure
@detectiveofmoneypolitics
@detectiveofmoneypolitics Жыл бұрын
Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank ❤
@suindude8149
@suindude8149 11 ай бұрын
Lovely.
@Cantblendthis
@Cantblendthis Жыл бұрын
I normally don't have big bank leaders in high regard, many of them partially involved in global scale crashes and scandals, but Jamie is the only one that actually sounds like he has a heart.
@David-wc5zl
@David-wc5zl 8 ай бұрын
You definitely voted for Bush twice. What's it like being responsible for America's decline, just like Dimon?
@thomastallerico6340
@thomastallerico6340 Жыл бұрын
Intelligent and well spoken. Also Stephen Kotkin and Peter Robinson are well spoken brilliant minds. If only they ran this country.
@dannysullivan3951
@dannysullivan3951 Жыл бұрын
The face of corporate welfare.
@CuriousEarthMan
@CuriousEarthMan Жыл бұрын
How true. A first class idiot imo.
@JaimeLannister13
@JaimeLannister13 Жыл бұрын
lol, that hesitation when asked country or JPMorgan
@philiplee9892
@philiplee9892 5 ай бұрын
This is why I subscribe to The Economist. Republican or Democrat, the country comes first.
@happychappy7115
@happychappy7115 Жыл бұрын
A very sensible guy who would be a valuable asset to US diplomatic core.
@David-wc5zl
@David-wc5zl 8 ай бұрын
LOL. Holy moly Conservatives are so easily controlled.
@eblasor
@eblasor Жыл бұрын
Net worth of 1,7 billion $. The free market surely works for this guy
@iakobkv271
@iakobkv271 Жыл бұрын
:D
@bluesque9687
@bluesque9687 Жыл бұрын
And, an incredible career well built!!
@samuelnimaful8069
@samuelnimaful8069 Жыл бұрын
Your father was probably smoking tobacco
@jacopogalati7473
@jacopogalati7473 Жыл бұрын
What about it? Getting rich because of your work isn't a fault, they taught me
@ardtob
@ardtob Жыл бұрын
That's networth. He doesn't have 1.7 billions cash flying around. The value of his assets also rises because of inflation. So don't blame him that the government decides to rise the value of his assets along the others billionaires
@Zen-ds4od
@Zen-ds4od Жыл бұрын
This comment section looks like Jaime paid them to write these comments.
@howardlee357
@howardlee357 7 ай бұрын
This guy is the smartest person in the country. I love how he is pro America while at the same time understands the responsibility to the rest of the world as a great nation. People have a tendency to go to one extreme or the other, branding the US as either an exploiter or a country that is being taken advantage of by other countries. However, neither extremes are true.
@stevenyu5384
@stevenyu5384 3 ай бұрын
U.S. military apparatus is unrivaled. We spend the equivalent of $2,800 per person annually toward our military budget plus additional fundings for global conflicts (Ukraine, Israel, etc.) It is remarkable that we need to make business adversaries into military enemies to continue to justify this obscene amount of military spending. It makes a fool of all of us but for few.
@2023gainer
@2023gainer Жыл бұрын
it's Nice to See Retail Investors in EV Buses...EV Cars....EV Trucks Large and small....EVTOL Jets...EV Vans All Reaping the Gains from the Summer Surge in the sector's Stock Prices. Let's Keep the Bull$ Running in July and Improve Our Global Air Quality. Thumbs Up Video / Thanks.
@danielscott1409
@danielscott1409 Жыл бұрын
I wish Jamie would run for President
@mw354
@mw354 Жыл бұрын
I would love to see how Jamie persuades congress and the senate to support him. He’s obviously a better negotiator 🌷
@user-xm5gp6ep1q
@user-xm5gp6ep1q Жыл бұрын
Can we talk about his shoes? Were those sneakers?
@Ilawaalo.
@Ilawaalo. Жыл бұрын
Hhhhh.
@PhilipGoldFilms
@PhilipGoldFilms Жыл бұрын
If he runs, i will vote for Jamie Dimon
@frankchong5585
@frankchong5585 Жыл бұрын
The only thing I don't like about Jamie Dimon is his approach to all things with business/making trade in mind. Everything else doesn't matters
@michaelmcgowan6254
@michaelmcgowan6254 Жыл бұрын
He’s the CEO of the biggest bank in the world. That’s his job.
@Popunkwillneverdie
@Popunkwillneverdie 9 ай бұрын
Oh just stopped by to tell you I love you dad ❤
@devos3212
@devos3212 Жыл бұрын
Disagree with this man on many things, but I could have a reasonable conversation with him on some important issues. That seems rare these days.
@Ucallmebymynamee
@Ucallmebymynamee Жыл бұрын
No full interview - No subscription [I’ll download it through apk]
@aliwa33onah23
@aliwa33onah23 Жыл бұрын
I love the fact that he is neither Democrat nor Republican
@CuriousEarthMan
@CuriousEarthMan Жыл бұрын
he's pure worm.
@gedenirfiorese3523
@gedenirfiorese3523 Жыл бұрын
Last time we had a “business man” it didn’t work so well
@khesehangchemjong7601
@khesehangchemjong7601 7 ай бұрын
Mr. Dimon is not only charismatic by appearance but intellectually as well. I have always noticed him for years.
@brendatenorio5721
@brendatenorio5721 Жыл бұрын
Love Jamie Dimon, he's got a handful of legitimate points however greed blinded US to pitfalls in decades past and it could happen again because corporate America's primary aim in more money unless they are persuaded otherwise. And WWII was best example of seamless mission between state and commerce so it can be done.
@paulrobbo321
@paulrobbo321 Жыл бұрын
I’m glad the deaths of 100m people was seamless
@David-wc5zl
@David-wc5zl 8 ай бұрын
LOL. You are so lost.
@syahrudeensamah6779
@syahrudeensamah6779 Жыл бұрын
Politicians are Not Businessman.
@akane8615
@akane8615 11 ай бұрын
Give the interviewer a pay raise.
@nikolayaleksandrov3834
@nikolayaleksandrov3834 Жыл бұрын
Amazing Interview sadly Jamie won't try to be president he would be better then Trump or Biden he is much younger.
@AnthonySNY
@AnthonySNY Жыл бұрын
in a shocking turn of events, a banker who spent his life getting rich off Chinese relations, defends authoritarianism and dictatorships.
@muhammadmustafa2946
@muhammadmustafa2946 Жыл бұрын
Nowhere did he defend authoritarianism and dictatorships. Are we watching the same interview?
@automationsolution
@automationsolution Жыл бұрын
@Anthony Your'e right. People in the comment section don't know what to expect from an investor in front of the camera like him. Only if they watched some more of his 'banking' videos.
@wanderbum
@wanderbum Жыл бұрын
Why would he run for POTUS and take a cut in power and income…
@arthursmall77
@arthursmall77 Жыл бұрын
Being interviewed by an overawed fan is not very enlightening. A waste of time.
@lizhernandez3857
@lizhernandez3857 Жыл бұрын
Jamie Dimon is a interesting person. 🙂
@AbrhamAsamenegn-qc4pf
@AbrhamAsamenegn-qc4pf Жыл бұрын
Nice interview. Appriciate it
@hlad11
@hlad11 Жыл бұрын
What a refreshingly open-minded person in leadership. Like the way he thinks on macro.
@legovesting6563
@legovesting6563 11 ай бұрын
JD for president button
@davidnyc487
@davidnyc487 Жыл бұрын
Hi Jamie maybe you can erase my bankruptcy as well. 😊
@brendatenorio5721
@brendatenorio5721 Жыл бұрын
Hone up on Bretton Woods, cannot divorce political policy i.e. democratic principles from free trade. Dimon is right to observe social evolution in America is problematic. Need more safety nets but more importantly need to grow the middle class and not pay subsidies, and need to raise corporate tax rate.
@brendatenorio5721
@brendatenorio5721 Жыл бұрын
Agree
@cas1063
@cas1063 11 ай бұрын
Fantastic Interview. My career has been built in banknig and I have worked with Jamie on several occasions, but never for him. He is very direct, fair, but IMHO, not suited to public life. So maybe not president, but definitely Treasury Secretary.
@paulrobbo321
@paulrobbo321 Жыл бұрын
He struggles in interviews as he wants to come across as a nice guy and then some poor schmuck asks the wrong question and he looks like he wants to go full on Gordon Geko
@lars277
@lars277 Жыл бұрын
Jamie Dimon is all about sowing disruption in the USA. He is part of the Business Roundtable that helps fund Steve Bannon and Breitbart. Along with the super wealthy donors at ACU/CPAC, the Business Roundtable helps fund Bannon and Breitbart.
@user-yr6nx3nz1j
@user-yr6nx3nz1j 6 ай бұрын
Human beings must respect him.
@batmb1e
@batmb1e Жыл бұрын
JD would easily be my vote over the two incumbent candidates...if only it were a possibility.
@TheSpiritOfTheTimes
@TheSpiritOfTheTimes Жыл бұрын
An enemy of democracy if there ever was one.
@catherinepoloynis
@catherinepoloynis 4 ай бұрын
I think Jaime Dimon would make a great President.
@ozangoz1789
@ozangoz1789 Жыл бұрын
Turkce ceviri de ekleyin . Economist editors.
@timtim24
@timtim24 Жыл бұрын
Where are the emails?
@user-df9lh8sh7j
@user-df9lh8sh7j Жыл бұрын
is it the one where my nephew is working as Ex Dir?
@bvc9815
@bvc9815 Жыл бұрын
He's a grade A crook
@user-gn1ef8qd2i
@user-gn1ef8qd2i Жыл бұрын
Stop putting Jamie Dimon on a pedestal. He’s an OLIGARCH. He’s not a diplomat- stop asking him about foreign policy. J.P. Morgan Chase is too big of an organization to manage.
@lars277
@lars277 Жыл бұрын
Dimon is a fraudulent felon robber baron.
@carlosrivas2120
@carlosrivas2120 11 ай бұрын
We shouldn't surrender
@chrisbell7253
@chrisbell7253 Жыл бұрын
Still here Boss 🎉🎉
@meawwow
@meawwow Жыл бұрын
Is he on Chinese payroll?
@slinkus-dq4co
@slinkus-dq4co Жыл бұрын
oh for sure, they all are
@tubagoes
@tubagoes 10 ай бұрын
Give me more interviews!
@RW-ql2wy
@RW-ql2wy 8 ай бұрын
I wish he added to why he’d worry about another Trump presidency. He himself admits the positive policy developments during the Trump administration. Who has done better in modern history?
@seans9149
@seans9149 Жыл бұрын
As an American, I would move back to US if the man Jamie Dimon will run for the Presdent of the US and will become the president. Mr. Dimon, please Amreica needs you in the White House. Thank you for this fantastic interview.
@jeffrelf
@jeffrelf Жыл бұрын
Housing is increasingly unaffordable.
@mav7079
@mav7079 Жыл бұрын
reflecting on what he's made a comment on stock mkt and economy over the 1st half of this year, it's highly doubtful if he is really competent to be president or any other position in government.
@connorhart3972
@connorhart3972 Жыл бұрын
just casually talking to one of the most powerful indiv on this planet
@kristine8338
@kristine8338 Жыл бұрын
Talking the same narrative over and over again…
@1s1o1n1g1
@1s1o1n1g1 Жыл бұрын
Agree with him. Hopefully he will be the next president.
@quintrankid8045
@quintrankid8045 Жыл бұрын
I hope The Economist will cover the reasons why China is declining in food self-sufficiency.
@slinkus-dq4co
@slinkus-dq4co Жыл бұрын
They would never talk bad about CHINA, they are the globalists
@kendallengman2249
@kendallengman2249 Жыл бұрын
Kennedy/Dimon 2024
@anuradhalakmal8454
@anuradhalakmal8454 Жыл бұрын
The best person to be the next president of US
@classicist369
@classicist369 Жыл бұрын
I respect dimon a lot and i respect his vision aswell but Trump didn't isolate the us , he just made the us a priority while keeping the us military international but less funding to non us countries.
@kojorichardson4283
@kojorichardson4283 Жыл бұрын
Do these celebrity CEOs actually work? There's only 24 hours in a day but he's constantly doing interviews and panels. Someone who is actually working to genuinely grow a business by improving customer experience and products instead of just acquiring smaller banks would rarely be on tv. They act like their work justifies the fact that they are grossly overpaid so what does he do? This man is part of the club and does not care about American citizens. He should be no where near the white house.
@geridamas935
@geridamas935 Жыл бұрын
It's the same as politicians, always going on campaigns with little time to actually creating policy or working.
@dand4075
@dand4075 Жыл бұрын
Obviously he doesn't know about homelessness in America.
@JohnB.6251
@JohnB.6251 Жыл бұрын
Great responses by Jamie Dimon. I am in full agreement with him - in every area he commented on. A banker with a heart! - JB
@willromeny1
@willromeny1 Жыл бұрын
TM: I don’t like Colombians. Colombians: We don’t even think of you. 💪🏻🇨🇴
@nonietoomila8890
@nonietoomila8890 Жыл бұрын
1:08 🎉🎉🎉😅😅😅😮😮😮😮😂😂😂😢😢😢🎉🎉😂😂❤❤❤❤❤❤❤❤❤❤❤❤
@user-li8qh4tv9t
@user-li8qh4tv9t Жыл бұрын
since when is an employee a king?
@user-bh1pd6cw2k
@user-bh1pd6cw2k 11 ай бұрын
I would pay to work for this man. I would pay to work for this man.
@GIDSKID100
@GIDSKID100 8 ай бұрын
So important you had to say it twice huh?
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