12-July-2025
Economy News
 
JPMorgan’s Dimon flags Europe falling behind US and China at alarming speed, says wake up or...
12-Jul-2025

JPMorgan boss Jamie Dimon did not hold back in Dublin. Standing before European leaders and Irish officials at the Foreign Ministry event, he warned bluntly: "Europe has gone from 90 per cent US GDP to 65 per cent over 10 or 15 years. That’s not good. You’re losing", as reported by the Financial Times. For one of the world’s most influential bankers, the message could not have been clearer. Europe is falling behind, fast. A blunt assessment Dimon pointed to what he sees as the heart of the problem. “We’ve got this huge, strong market and our companies are big and successful, have huge kinds of scale that are global. You have that, but less and less.”

News Source:- https://economictimes.indiatimes.com/news/international/global-trends/jpmorgans-dimon-flags-europe-falling-behind-us-and-china-at-alarming-speed-says-wake-up-or-/articleshow/122391176.cms