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Current conflicts pose worst risks to economy since 1945, JP Morgan CEO reiterates

Jamie Dimon noted that "America and the free Western world can no longer maintain a false sense of security"

NEW YORK, April 9. /TASS/. Current military conflicts can pose the biggest risks to the global economy since the end of World War II, JP Morgan Chase CEO, Jamie Dimon, wrote in his annual letter to shareholders.

"Recent events, however, may very well be creating risks that could eclipse anything since World War II - we should not take them lightly," he said.

According to him, before 2022, "the world was generally on a path to becoming stronger and safer."

Dimon noted that "America and the free Western world can no longer maintain a false sense of security" and that "national security is and always will be paramount" for any country.

He explained that he came to such conclusions after numerous conversations with heads of states, enterprises, and public organizations.

Last October, Dimon expressed a similar opinion, noting that conflicts in Ukraine and the Middle East could have an impact on the global economy in the long term.