Tasmanian Times

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

Article

JP Morgan’s Dimon rolls eyes up at gloom and Davos billionaires

JP Morgan Chase & Co Chief Executive Jamie Dimon said on Tuesday that current worries over the state of the global economy reminded him of excessive talk of gloom at the elitist World Economic Forum in Davos, Switzerland.

“They (the attendees at Davos) have always been wrong. I went there in 2007 and 2008 and they were wrong back then and then in 2009 they were completely panicked about the whole world,” Dimon told an annual investor day in New York.

The World Economic Forum, held every year in the Swiss ski resort of Davos, focuses on trying to solve the world’s problems, such as income inequality.

But Dimon said the best description he had heard of the meeting was that: “It is where billionaires tell millionaires what the middle class feels.” (Reporting by Carmel Crimmins; Editing by Tom Brown) …

 

READ MORE HERE

Author Credits: [show_post_categories parent="no" parentcategory="writers" show = "category" hyperlink="yes"]
Click to comment

Leave a Reply

To Top