US EditionJamie Dimon: "Europe has a real problem." Bureaucracy and capital flight are risks that could spread to the US. - Economic Scenarios
6 Articles
6 Articles
Criticism is particularly important when it comes from friends. Therefore, the EU should take the admonition of JP Morgan leader Jamie Dimon very seriously.
JPMorgan Chase & Co. CEO Jamie Dimon warned that Europe faces “a real problem” caused by slow bureaucracy that has driven away business, investment and innovation, stressing that a “weak” European continent poses a major economic risk to the United States, writes Bloomberg. The statements were made on Saturday, at the Reagan National Defense Forum 2025, where Dimon praised some European social policies but criticized the administrative blockages…
At the prestigious Reagan National Defense Forum where he shared a panel with the CEO of Raytheon (RTX) Christopher Calio, Jamie Dimon — the most listened banker of Wall Street at the head of JP Morgan since 2005 — delivered a remarkable intervention and issued a warning. The United States has entered a new era: the war is there and Trump's programme must be taken very seriously — including in its most confrontational dimension against the Union…
Europe Has a ‘Real Problem’ Says JPMorgan CEO Jamie Dimon
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called out slow bureaucracy in Europe in a warning that a “weak” continent poses a major economic risk to the US. “Europe has a real problem,” Dimon said Saturday at the Reagan National Defense Forum. “They do some wonderful things on their safety nets. But they’ve driven business out, they’ve driven investment out, they’ve driven innovation out. It’s kind of coming back.” While he praised…
Jamie Dimon on Why “Europe Is Getting Poorer”
It takes 27 nations to make a decision. They let their military drop dramatically. It’s very bureaucratic. It’s part of the reason that they lost Britain… we allowed Europe to fall apart… they’ve gone from 90% of the GDP of America to 65. That’s not because America did anything bad to them. It’s their own bureaucracy, their own cost… They do some wonderful things on their safety nets, but they’ve driven business out, they’ve driven investment ou…
Jamie Dimon: "Europe has a real problem." Bureaucracy and capital flight are risks that could spread to the US. - Economic Scenarios
Jamie Dimon, CEO of JPMorgan Chase & Co., is certainly not known for mincing words. During the Reagan National Defense Forum last Saturday, America's most powerful banker issued a warning that should resonate loudly across Europe's governments: Europe is "weak," and this weakness is not just our problem, but an economic and strategic risk for the United States itself. Welfare is not enough if the economy doesn't run Dimon's analysis is merciless…
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