Jamie Dimon Gives Approval
Jamie Dimon is chairman and Chief Executive Officer of J.P. Morgan Chase. He is among the most influential, if not the most influential, of the CEOs of the large money center banks.
Dimon identifies himself as a Democrat. He donates primarily to the Democrat Party, and has described himself as "barely a Democrat." Despite his measured tone, he is an unapologetic liberal and globalist. In the past he has consistently supported liberal themes and causes. He has espoused higher taxes; he opposed Brexit, the withdrawal of the U.K. from the European Union; and he supported the elimination of the U.S. debt ceiling which would allow the federal government to run up unlimited amounts of debt.
However, Dimon recently brought his liberal credentials into question while attending the annual meeting of the World Economic Forum in Davos.
The evolution of world governments and the efforts to drift towards a unified global system of governance is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This site aims to present the Global Macro Digest's ® perspective on the matter.
The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Big government and high taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets.
Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.
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