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JPMorgan CEO Supports Military Action Against Iran, Says Uncertain If It Would Push US Into Recession
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JPMorgan CEO Jamie Dimon said he supports military action by the United States and Israel against Iran. Although this would create uncertainty and short-term risks, he said Iran has long posed a significant threat, having killed many Americans over more than 45 years. He added that Iran has not only funded Hamas, Hezbollah and the Houthis, but has also supported terrorist organizations within the United States. He said it is uncertain whether the war would become a turning point that pushes the United States into recession, noting that any event could be "the last straw that breaks the camels back." He said that perhaps one day a particular straw could trigger a tipping point that drives the US economy into recession, but he hopes it will not evolve into stagflation. However, he acknowledged that a prolonged closure of the Strait of Hormuz would create real problems for the global economy. (mn/a) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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