CNBC: The ‘biggest threat to global order since the 1930s’ is underway and every CEO is talking about it
* “This may be the most dangerous time the world has seen in decades,” JPMorgan CEO Jamie Dimon said in a statement that accompanied the bank’s recent earnings release.
* The bank CEO isn’t the only corporate leader growing more worried about geopolitics, according to Frederick Kempe, CEO of the Atlantic Council.
* Kempe said at CNBC Global Evolve on Thursday that many CEOs he talks with are increasingly worried about China, Russia and the Middle East. “Geopolitics is coming into the boardroom in a way it hasn’t in my lifetime.”
The United States is facing its fourth major inflection point in history since the early 20th century, and if world leaders get it wrong, the results could be similar to what occurred during the 1930s and ultimately led to World War II. That’s according to Frederick Kempe, CEO of foreign policy think tank Atlantic Council, and it is a fear he says more CEOs of major corporations are focused on today.
JPMorgan CEO Jamie Dimon recently warned, “This may be the most dangerous time the world has seen in decades.”
According to Kempe, that’s a feeling shared in many corporate boardrooms.
“Every CEO, all the banks I am talking to, are factoring in geopolitics in their thinking in a way they didn’t five years ago,” Kempe said at the CNBC Global Evolve virtual summit on Thursday.
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WNU Editor: I concur with the above article. We are at an inflection point, and more specifically we are seeing in real time the decline in influence of the West in conducting global affairs. Geopolitics is now being discussed in the boardrooms, and corporate decisions, policies, and strategies are being influenced by these global events and trends.
2 comments:
Hmmm, The World changes constantly, and the world is stagnate at the same time = when has it not be in constant flux. If you read your history, you would understand.
The Obama, AOC, Wray wing of the Democratic Party will go down in history as a menace to humanity.
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