Jamie Dimon Quotes

What we know about the global financial crisis is that we don't know very much.

Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through.

If the Chinese bubble bursts one day, which inevitably will happen - maybe not tomorrow, maybe in three months, maybe in three years - when it happens, it will have devastating consequences for the global economy.

I think when the bottom started to drop out, we didn't recognize it.

Economic and financial crisis are getting much more usual, and they are not confined to a given country but they immediately spread all over the world, and you have to be prepared for that.

Banks wont even loan each other money, everybody's going broke, and here we are inside here, these people are going to be out on the street selling apples and pencils and they're still going to be buying paintings for this money, so I don't know what's going on in this world.

We are taking a greater chance of having another crash at a time when the world is less capable of bearing the cost.

A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street.

I'm not panicking, and I'm not scared, I've been through the Gulf War, the Asia crisis, and the Russian crisis.

We say, 'The market plummets,' like it's some roaring creature.

Uncertainty is killing this economy.

I'd be kidding if I said that I predicted the financial collapse.

Rarely in modern times has there been such a revolution in commercial sentiment as occurred in 2008, or such a display in government and business of panic and helplessness.

I have 13 bankers in my office, and they say that if you go forward with this you will cause the worst financial crisis since World War II.

COVID-19 has upended our economy.

We have been dealt a very weak hand by the financial market meltdown, bailouts, and recession. We can't act like it's a strong one.

The collapse of the housing bubble sent the world spiraling into recession. The collapse of the energy and commodity bubble threatens to be just as damaging.

It's the deleveraging that's going on right now that has caused the credit crisis.

The economic times we are facing... are arguably the worst they've been in 60 years. And I think it's going to be more profound and long-lasting than people thought.

As I write in 2012 we certainly do not believe that it is over yet, and the worst may be yet to come. Efforts by governments to solve the underlying problems responsible for the crisis have still not gotten very far, and the 'stress tests' that governments have used to encourage optimism about our financial institutions were of questionable thoroughness.

The economic crisis has weakened the EU for years.

The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem.

The markets don't like instability and they don't like uncertainty.

Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.