JPMorgan CEO warns we’re living in ‘the most dangerous times’
In times of pandemics and wars, the economy is facing meaningful challenges worldwide with unprecedented inflation growth, national debt accumulation, interest rate hikes, and liquidity crises. Many of the proposed solutions that worked before, under better conditions, are not accomplishing the expected results, and experts struggle to find the right path to follow. Particularly, the banking system is highly exposed to what is now argued to be a fragile structure. On that, Jamie Dimon — CEO of JPMorgan Chase & Co (NYSE: JPM) — believes that several geopolitical factors, including the ongoing war in Ukraine and conflict in Israel, could keep inflation at elevated levels, according to a Reuters report on October 13. “This may be the most dangerous time the world has seen in decades.” — Jamie Dimon, JPMorgan’s CEO Finance 2 Forex currencies to hold in a recession Cryptocurrency Bitcoin may lead ‘great reset by going down’, says commodit...