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Wall Street CEO Says ‘Consumers Have Money to Spend’
Jamie Dimon weighs in on all things state of the world — and his words are not at all surprising
At a time of unprecedented inequality, I’m continually surprised by the constant media puff pieces where they interview one of the kings of the universe — although, at this point, I shouldn’t be. Forty years of neoliberal economic policy have recreated levels of lopsided wealth distribution that rival feudal times.
Capitalism has gotten so out of control that it is pre-dating itself, bringing back lords who own everything and serfs who toil all day to barely scrape out a living. And our billionaire-owned ‘free press’ constantly bows before the lords to ask about the state of the world and how to ‘make things better.’
If I see another freaking podcast that talks about the habits of billionaires, I’m going to find the creators’ emails and send them a few very passive-aggressive paragraphs — that’ll show ‘em.
Jamie Dimon is one of those CEOs that is constantly being interviewed and asked about how he sees the world and trends in the global economy. As the head of the largest financial institution in the Western world, JP Morgan Chase, he’s obviously a clever guy and a smooth operator.
