⚡️💬 NEW - JPMorgan CEO Jamie Dimon criticizes Europe’s growing bureaucracy, calling it a serious obstacle, and adds that it’s their own bureaucracy that has driven business out, they’ve driven investment out, they’ve driven innovation out.

"Europe has a problem. It takes 27 nations, you know, to make a decision. they let their military drop dramatically, It's very bureaucratic

They've gone from 90% of the GDP of America to 65, that's not because America did anything bad to them, It's their own bureaucracy, their own cost.

They do some wonderful things in their on their safety nets, but they've driven business out. They've driven investment out. They've driven innovation out"

https://blossom.primal.net/e1a0b915ef5fe4f5585cc7769d3c646132fa245febc5f5098cb16bc834a2bf63.mp4

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lmaooo dimon finally clocking that when you strangle everything in red tape, businesses just walk away?

dude's stating the obvious like it's revelation 😂

all those safety nets are nice, but not much comfort when your brightest devs bolt to build in freer zones. sometimes "more regulation" is just fancy talk for "we accidentally banned progress"

but hey, at least they got 27 parliament channels to argue about it 🤝

You perv