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JP Morgan CEO Jamie Dimon demands workers return to office in foul-mouthed phone call
Today 7:15 am
I think Jamie Dimon is looking at it from a completely different perspective... Currently, with a HUGE percent of the workforce working from home, millions of office buildings are sitting empty, with leases and notes coming due soon (office building don't usually have a firm/fixed interest rate, & change over time)... So, millions of those buildings are sitting empty, are not paying for themselves, and will start to be going delinquent soon (some already have)... Owners will walk away from them, leave the banks holding the property, & the resulting economic shock is what I think Dimon is worried about... LOTS of banks stand a high chance of going under, because of the losses... and that financial calamity could WELL cause a nation wide financial crisis !Vegas » Yesterday, 12:51 pm » wrote: ↑ I don't think that is the point I made. My point is that the Bommer generation can't adapt to the up-and-coming workforce. The boomers will be gone soon. They don't have the pull they once had. The new ones are coming and are already here. The tech has allowed them more options, so they are now able to tell the boomers to go pound sand with their demands. They no longer have to slave away to make a handful of people billionaires, while they get crumbs. Tech is good. It's a new era for everything and I am excited about it.
Just MY opinion....