Jamie Dimon is the face of American banking and when the CEO of JPMorgan speaks, the world listens. Dimon just told the world that a recession is likely imminent for the American economy.
But that’s boring predictive statistical stuff, even if it affects nearly every American’s livelihood. Recession warnings in the past year have understandably started to sound like boy crying wolf, or bear crying wolf, or banker crying bear — something like that. Here’s Dimon on that subject.
What people really want to know is what the world’s most famous banker thinks of the world’s richest man, Elon Musk.
First a quick primer on Musk buying social media cesspool Twitter. Here it is:
- Musk offered to buy Twitter saying he wanted to clean up the bots
- Musk wanted to back out of the deal saying he had no idea there were so many bots
- Musk said he’d do the deal and clean up the bots
So what does Jamie Dimon think of all this?
Dimon told CNBC that he hope Musk “cleans up Twitter.” Dimon also said what everybody knows: “In my view,” Dimon said, “Elon is very smart.” But are all Musk’s decisions smart ones? Dimon didn’t say.
Sounding mostly familiar with what he was talking about, Dimon asked: “Why can’t Twitter know who you are when you come on board so they can eliminate all those people in the public square who are robots and emails and stuff like that?”
People who are robots? Egad. Next thing you know they’ll start saying corporations are people.
