JPMorgan CEO Dimon says war is affecting the U.S. relationship with China and that it's much more serious than the 'economic vibrations' he faces daily.
JPMorgan Chase & Co. CEO Jamie Dimon on Monday singled out the Ukraine war as the greatest geopolitical threat since World War II.The war is affecting oil markets, food prices and now the U.S. relationship with China, Dimon said in an exclusive interview with Bloomberg TV.
Dimon said he read recently that wars that continue past the one-year mark are likely to last a decade. The bank does have dealings with China, which is reportedly aiding Russia in the war, but he said that it’s taking a back seat to official U.S. government channels.In January, Dimon gave some candid comments about another topic, telling CNBC-TV that bitcoin BTCUSD amounts to a “hyped-up fraud” and a “pet rock.”
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