Jamie Dimon's Blunt Message for Europe: 'You're Losing'

An anonymous reader shares a report: JPMorgan Chase boss Jamie Dimon did not pull his punches when he spoke at Ireland's Department of Foreign Affairs. "You're losing," he said of European competitiveness with the U.S. and Asia, in comments reported by the Financial Times. "Europe has gone from 90% U.S. GDP to 65% over 10 or 15 years. That's not good." "We've got this huge, strong market and our companies are big and successful, have huge kinds of scale that are global. You have that, but less and less," Dimon said on Thursday.

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