- Jamie Dimon, CEO of JP Morgan-Chase, has unexpectedly endorsed the US and Israel's military campaign against Iran, despite acknowledging short-term risks.
- Dimon argued that Iran has posed a significant threat for over 45 years, funding groups like Hamas, Hezbollah, and the Houthis, and being responsible for American deaths.
- He expressed uncertainty about whether the conflict would trigger a US recession, but emphasised the importance of a successful conclusion to the war.
- Dimon noted that while the war adds to economic pressures, he is unsure if it will be the 'tipping point' for a recession, and he did not know if the US needed to reopen the Strait of Hormuz.
- These hawkish comments contrast with his usual more liberal foreign policy stance, though he consistently advocates against international isolationism and for global cooperation.
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