The banking crisis caused by the recent collapse of Silicon Valley Bank and Signature Bank has increased the odds of a US recession, JPMorgan Chase CEO Jamie Dimon told CNN’s Poppy Harlow in an exclusive interview on Thursday. Speaking in his first interview since the failure of SVB, Dimon said that while the banking system is strong and sound, the recent turmoil around the financial system is “another weight on the scale” towards recession.
In 2008, he said “it was hundreds of institutions around the world with far too much leverage. We don’t have that.” We don’t have huge problems in our mortgage markets, either, he added. “This is nothing like that. And the American public shouldn’t think that.” Still, said Dimon, it’s okay to let some banks collapse. “Failure is okay,” he said. “You just don’t want this domino effect.
FactsAboutJesus ईसा मसीह की मृत्यु के तीसरे दिन स्वयं पूर्ण परमात्मा कबीर साहेब ही आये थे भक्ति की लाज रखने के लिए। अन्यथा काल ब्रह्म भगवान से विश्वास ही उठा देता लोगों का। Supreme God Kabir 🏷️ अधिक जानकारी के लिए 'ज्ञान गंगा' पुस्तक फ्री में ऑर्डर करे ⤵️
Texas has less taxes and he’s probably getting a kickback from the state.
Jesus was not God. Holy scriptures prove God Kabir Himself appears in the form of an infant on a lotus flower in every yuga. Supreme God Kabir
He said it himself, he's not getting involved in social issues in society. That was a lot he said, and the interviewer passed over it. He loves Texas because of its pro business values ignoring social issues. We should listen to this guy?
It’s so good Biden take money and obey order from CCP to ensure the USA collapse financially so China become boss of the world.
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Source: CNN - 🏆 4. / 95 Read more »