Young Americans have no reason to be gross about the future unless there's a “nuclear war,” said Jamie Dimon, CEO of JP Morgan Chase.
“These kids, like nuclear war, unless we have them, they'll have an incredible life,” Dimon said. Fox Business Host Maria Bartilomo.
The billionaire Wall Street power broker cited the vast net worth of US households. It will eventually be passed down to younger generations, and we believe that technological advances will enable Gen Z and Gen Alpha to live a long, healthy life.
“People say the next generation is in a bad state – really?” Dimon said in her appearance on Wednesday. “They intend to inherit a country worth between $200 and $300 trillion, and they will probably live in 120. [Artificial intelligence] I'm going to cure some cancers. ”
“They should not lament the situation.”
Federal Reserve System It has been found that the net household leader has increased to $169 trillion last month.
According to experts at financial services companies, by 2045, more than $84.4 trillion in total is projected to be transferred to heirs, marking a significant multi-generational transfer of wealth. Cerulli Associates.
Instead of mopping, disillusioned young people should look at this world and say, 'What can I do with that?' “What can you do more than the people before me?” you know,” Dimon insisted.
The CEO also suggested that young people should “take care” themselves as part of preparing for a successful future.
“If you don't take care of your mind, your body, your spirit, your soul, your friends, your family, you will not have a great life and enjoy it,” Dimon said.
“Treat people appropriately with a little bit of heart and humanity. [The way] I grew up, the way you treat everyone is fair, honest and candid…and you'll have a great life. ”
