Western power is at risk and there could be a World War 3, says JP Morgan CEO Jamie Dimon
Dimon cited nuclear proliferation as the biggest global threat, mentioning that if nations like Iran acquire nuclear capabilities, others will follow, risking major city targets worldwide. He referenced Russia’s actions in Ukraine, highlighting President Putin's nuclear rhetoric as a uniquely dangerous scenario.
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Dimon emphasized the need for cautious and proactive resolutions to avoid outcomes with far-reaching consequences on global economic stability and historical trajectories. In line with his concerns, Dimon said JPMorgan regularly assesses scenarios for global instability, cautioning that the possibilities could be shocking.
Dimon’s warnings align with other experts like Ray Dalio, who recently noted the increasing likelihood of a major conflict involving the US and China. Dimon stressed the importance of Western unity in addressing these threats for a stable and free future.
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