“I don't subscribe to anything. I sit there and I try to think about what seems honest to me.” ThinkingTryingSeemsHonest Author:Charlie Kaufman
“The economic union - creating a big common market, like the United States, so that you can compete across borders. There are common rules, regulations, and simplification, and that is still a good reason, too. When they put their monetary union together, that created a rigidity that made it hard for currency fluctuations. They don't really have a solution to that.” MadeStillsHardStatesReasonBigsTogetherUnitedCommonUnited StatesEconomicCreatingSolutionsUnionsMade ItBordersRegulationCurrencyMonetaryRigiditySimplificationFluctuation Author:Jamie Dimon
“The best thing to do is muddle through and maybe, over time, create a solution of that, if someone really wanted to exit, the legal basis on which you could exit. Because right now there almost doesn't exist one.” IfsWantedRight NowSolutionsBasesBest ThingsThings To DoExitMuddle Author:Jamie Dimon
“Because of that [Brexit], you're going to have slow growth and, unfortunately, while there may not be huge volatility, there will be volatility.” MayGrowthHugeVolatilitySlow Growth Author:Jamie Dimon
“Abenomics, quantitative easing, fiscal policy - we know all the issues.” KnowsIssuesPolicyFiscal Policy Author:Jamie Dimon
“The "third arrow" (of structural reform) is critically important. Japan has some of the best companies in the world, and if you look at their technology, their capability, it's extraordinary.” IfsWorldLooksImportantCompanyTechnologyThirdsExtraordinaryReformJapanCapabilityArrowsBest Company Author:Jamie Dimon
“Part of the reason some Japanese companies have underperformed financially was corporate governance and board structures.” ReasonCompanyStructureCorporateBoardsGovernance Author:Jamie Dimon
“Now the Japanese companies are more focused on that. To have two independent directors - I think it's good to have outside people look at you and think of what you could be doing better. Those are voluntary, but most of the companies told me they're going to do it. And I think it's good for them to say our returns on equity, for example, should be higher. Also, I think some could be more ambitious.” PeopleThinkingShouldLooksTwoCompanyExampleReturnHigherDirectorsIndependentFocusedAmbitiousEquity Author:Jamie Dimon
“Part of [Japanese companies] growing and expanding around the world is ... going to help the Japanese keep their lifestyles [despite Japan's] demographics, as a declining population, and [to] make it more conducive to women to go to work, I think, is a plus.” ThinkingWorldHelpingCompanyGrowingPopulationLifestyleDespiteAround The WorldJapanPlusExpandingDemographics Author:Jamie Dimon
“You have your own culture and your own ways of doing things. I hope Japan continues on this path.” WayCulturePathJapan Author:Jamie Dimon