World Events & Polarizing Politics ‘Creating Risks That Could Eclipse Anything Since World War II’

by State Brief



JPMorgan Chase CEO Jamie Dimon warned that the unfolding regional wars in Ukraine and Israel and the America’s polarized politics could create “risks that could eclipse anything since World War II.”

“America’s global leadership role is being challenged outside by other nations and inside by our polarized electorate,” Dimon said in an annual shareholder letter.

“We need to find ways to put aside our differences and work in partnership with other Western nations in the name of democracy. During this time of great crises, uniting to protect our essential freedoms, including free enterprise, is paramount.”

On the geopolitical issues surrounding the Ukraine conflict and the Israel-Gaza war, Dimon said:

If you read the newspaper from virtually any day of any year since World War II, there is abundant coverage on wars — hot and cold — inflation, recession, polarized politics, terrorist attacks, migration and starvation. As appalling as these events have been, the world was generally on a path to becoming stronger and safer. When terrible events happen, we tend to overestimate the effect they will have on the global economy. Recent events, however, may very well be creating risks that could eclipse anything since World War II — we should not take them lightly.

He continued, “America and the free Western world can no longer maintain a false sense of security based on the illusion that dictatorships and oppressive nations won’t use their economic and military powers to advance their aims — particularly against what they perceive as weak, incompetent and disorganized Western democracies.”

“Russia’s invasion of Ukraine and the subsequent abhorrent attack on Israel and ongoing violence in the Middle East should have punctured many assumptions about the direction of future safety and security, bringing us to this pivotal time in history. America needs to lead with its strengths — not only its military but also its economic, diplomatic and moral forces. And now we must do so as America’s leadership is being challenged around the world. There is nothing more important,” he added.

During the globalists’ annual Davos Summit in Switzerland in January, Dimon scolded the Democrats for demonizing Trump supporters over the years, saying they’re alienating themselves from the broader electorate.

“The Democrats have done a pretty good job with the ‘deplorables, hugging onto their Bibles and their beer and their guns.’ I mean, really? Like, could we just stop that stuff and actually grow up and treat other people respectfully and listen to them a little bit?” he asked.

“I think this negative talk about MAGA is going to hurt Biden’s election campaign,” he added.


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