“Here’s an IQ test. Ready? If you could only invest all your money in one country, what country would it be?” asks Jamie Dimon, chairman and CEO of JPMorganChase. “There’s only one obvious answer, and it’s because of the dynamic economy, it’s because you own the dollar, it’s because it’s a free country, we’ve got rule of law, you can buy things. It’s also protected by the United States military.” 🔗 Watch the full conversation at the link in our bio.
@cfr_orgTranscript
Here's a IQ test. Ready? Uh-oh. If you can only invest all your money in one country, what country would it be? Yeah, there's only one obvious answer. And it's because of the dynamic economy. It's because you own the dollars, because it's a free country. It's a rule of law. You can buy things. It's also protected by the United States military. Thank you, General Milley. It's protected by a courts. The Atlantic and the Pacific. You know, I was in a country in the Middle East, and someone's telling me that they were taking their gold out of the vaults in the United States, and they're bringing it here, 'cause they're pissed off at us. I was like, "Well, yeah, that's really great, except there are three armies who can come take your gold right now." And that is the world. And people forget, it's a tough world. That's real politics, stuff. And so, yeah, you're safe today, as long as we don't ruin the free and western world over time.
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