"What country are we not paying enough attention to?"
JPMorgan CEO Jamie Dimon:
"Europe's GDP per person has gone from 90% of America to 70% because of their own bad policies. And that's going to hurt us one day."
"I would give them one big beautiful free trade bill. The whole of Europe. It would be unbelievable for their growth and for our growth."
"It's when the economy can no longer afford the military they need. That's the problem, and Europe is kind of there right now. And we're staring that in the face."
The Hill & Valley Forum 2026
@HillValleyForum@jpmorgan@ChairmanG
In research we always ask how a co. Came to a conclusion/decision. Why Canada? Why another launch pad now? Interesting one: @isaraerospace#space Alw follow the money not PR https://t.co/SLYyFcG5B1
China’s 600 km/h maglev prototype is ready after 5 years of testing.
During the tests it could reach 0 to 600 km/h in just about 3.5 minutes making it currently the fastest ground transportation on Earth.
This one is always funny. One country understands that clean nuclear energy means prosperity, while the other replaced common sense with ideology and now wonders why its economy is falling apart.
Is there still hope for Germany, or is left-green ideology too prevalent?
@VPTirol seit Jahren kein zukunftsfähiges Verkehrskonzept vorgelegt, 2x + im Jahr in Urlaub, 90% billige Importe Steuerverschwener und Privilegxenreiterei, Glaubwürdigkeit sieht anders aus. Konzept für Brenner & Co? Fehlanzeige! #tirol#österreich@volkspartei
@fbermingham Eu bureaucrats receive infatuation adjusted comps- wrong incentives every time. The involved #Euro bureaucrats have no incentive to solve any trade related problem. Don’t forget that.
Davos is basically all the people who have created the problems, denied their existence and then called us names for pointing them out... explaining what the problems are and how we desperately need to fix them.
JPMorgan CEO Jamie Dimon says: “Europe has driven business out, driven investment out and driven innovation out”
Now this is not Elon Musk, this is Jamie Dimon …
JPMorgan CEO Jamie Dimon says: “Europe has driven business out, driven investment out and driven innovation out”
Now this is not Elon Musk, this is Jamie Dimon …
@Lufthansa_DE unbedingt vermeiden, wenn möglich. Die Tatsache, dass das #lufthansa Management gegen die eigenen Kunden klagt spricht Bände über die Einstellung. Mit Abstand die schlechteste #airline Gruppe weltweit momentan. https://t.co/X5piGsgKbr
#reisen#travel $lha #aviation
Available today, author Michael Lewis (Liars Poker, Moneyball, etc.j interviews me for his podcast Against the Rules.
Available on Apple Podcasts, Spotify, Amazon Music, YouTube and others
https://t.co/bbXOpykGoF
When the cost of failure is low, as in America, that is a handsome bet for any firm. If sacking workers is expensive, as in Europe, it is simply not worth it.
Interesting stat:
An American firm shedding workers will incur costs equivalent to paying those sacked for 7 months. In Germany costs amount to 31 months of wages for each employee let go; in France 38 months.
By "protecting" workers Europeans are killing their economy. companies don't want to take risk of hiring people.