LOS ANGELES.–Voicing concerns about the prospects of WW III at the International Finance annual meeting in Washington, D.C., 68-year-old billionaire CEO JP Morgan CEO Jamie Dimon showed his confusion over what’s causing the world chaos currently going on during the Biden-Harris administration. “You already have battle on the ground being coordinated in multiple countries,” Dimon said referring to the Ukraine and Mideast wars now threatening world peace. “So, to me, we shouldn’t me naïve,” Dimon said. “We can’t take the chance this will resolve itself. We have to make sure that we are involved in doing the right thing to get it resolved properly for the sake of the free democratic Western world for the next 100 years,” Dimon told his audience. Dimon likes to opine on world events but seems to aligned with 81-year-old President Joe Biden and 60-year-old Vice President Kamala Harris.
Dimon knows, as repeated often by Federal Reserve Board Chairman Jerome Powell, that geopolitical crises, like wars, can derail the U.S. and global economies. Dimon fears the geopolitical instability could hurt U.S. prosperity, especially if nuclear weapons are used in the future. But Dimon backs Kamala Harris for president who continues to fund the Ukraine war with the Russian Fedderation, prompting 72-year-old Russian President Vladimir Putin to warn the United States and NATO about the prospects of nuclear war. Dimon wants wars to end Ukraine and the Mideast wars but thinks it’s caused by Putin since he invaded Ukraine Feb. 24, 2022. Speculating about world events shows why Dimon should stay in his lane. “We have to be quite clear that we can’t have a bad outcome there,” Jamie said, blaming the Ukraine War on Putin and the Kremlin.
Dimon doesn’t get that the only way to end the wars in Ukraine and Mideast is through strong leadership and diplomacy, not continued war. “We have never had a situation where a man is threatening nuclear blackmail,” Dimon said, referring to Putin. “If that doesn’t scare you, it should,” Dimon said, not thinking through the current situation. Biden-Harris fund proxy war in Ukraine against the Kremlin, claiming the Putin wants to take over Europe. Dimon has bought the Biden-Harris narrative that only war with the Kremlin can return Ukraine to sovereignty and stop the current conflict. Former President Donald Trump, 78, has a different approach, seeking to end the war through diplomacy, negotiation and compromise at the peace table. Dimon forgets that humankind’s greatest strength is its ability to reason, to end conflicts through diplomacy, negotiation and compromise.
Biden decided to end generations of diplomacy, détente and arms control with the Kremlin. He was the first and only post WW II president to go to war against Russia, ending all cooperative relations on matters of shared interest and security. Putin would be a great help to Biden in dealing with Iran, especially its various terror groups, including Gaza’s Hamas, Lebanon’s Hezollah, Yemen’s Houthis and Iraq and Syria’s Ketaib Hezbollah. When Dimon talks about a “bad outcome” in Ukraine, he’s referring to the U.S. losing the war with Putin. But by all accounts Putin controls after less than three years of war 20-25% of Ukraine’s sovereign territory. You’d think, of all people, a global banker like Dimon would want to negotiate a settlement to a war that could morph into WW III or, more unthinkable, nuclear war. Dimon said nuclear war in the biggest threat to civilization.
Generations of U.S. presidents believed that controlling the production and use of nuclear weapons was in the interest of humanity and world peace. Yet Biden’s proxy war with the Kremlin ended all U.S. nuclear nonproliferation talks with the Kremlin. Dimon said the spread of nuclear weapons was the “biggest risk mankind faces,” saying Iran cannot be allowed to complete a nuclear bomb. “And folks, it’s just a matter of time before these things are going off in major cities around the globe,” referring to nuclear bombs. Yet when it comes to Ukraine, by far the biggest threat of Russia using nuclear weapons, Dimon doesn’t call for an immediate ceasefire and peace talks. Dimon only says, like Kamala, the U.S. cannot lose the war to Putin. Dimon told his D.C. Financial Conference that geopolitical conditions were “treacherous and getting worse,” referring to ongoing wars.
If Dimon and other financial leaders want global peace and economic stability, there’s a clear choice in Nov. 5 election. Whatever misgivings some voter have about Trump, he promises to end the Ukraine and Mideast wars at the earliest possible time. Kamala promises to keep the Biden policy of proxy war with the Kremlin going indefinitely. Dimon fears a future mishap that could start WW III or nuclear war. If Dimon is really concerned about war and geopolitical crisis, he knows the way out is through diplomacy not war. Who’s right-or-wrong no longer matters, only settling the conflict where both sides stand of compromise. Only by ending the Ukraine war through diplomacy and restoring normal U.S.-Russian relations can can the world return to a safer place. Wars raging in Ukraine and the Mideast only speed up the doomsday clock.
About the Author
John M. Curtis writes politically neutral commentary analyzing spin in national and global news. He’s editor of OnlineColumnist.com and author of Dodging The Bullet and Operation Charisma.
