Jamie Dimon, the CEO of JP Morgan Chase, recently said that “World War III has already begun. You have battles on the ground being coordinated in multiple countries.”
How should the United States respond to this challenge? Dimon offered the following advice: “What we should be thinking about is we can’t take the chance this will resolve itself. We have to make sure that we are involved in doing the right things to get it resolved properly.” When someone of Jamie Dimon’s stature highlights the present danger, Americans would be well advised to consider his assessment.
In the context of China, Russia, Iran, and North Korea (i.e. CRINKs) coordinating their assaults on the United States and its allies, Dimon does not discuss likely outcomes: “I talk about the risk to us if those things go south. We run scenarios that would shock you. I don’t even want to mention them.”
Dimon does mention one “shocking” feature of our current situation: Putin’s threat to use nuclear weapons. What is the “biggest risk that mankind faces”? Dimon insists “It’s not climate change, it’s nuclear proliferation.” Associated with the diffusion of nuclear technologies is the increasing chance that nuclear weapons will be used on the battlefield or against major urban centers. “We’ve never had a situation where a man is threatening nuclear blackmail. If that doesn’t scare you, it should.” Dimon urges that the United States should, in effect, exercise prudence in formulating and implementing strategic plans: “We’ve got to be very careful about what we’re trying to accomplish in the next couple of years.”
Dimon’s characterization is, at best, just in time. At worst, it is too little, too late. […]
— Read More: www.wnd.com
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