Video: Liquidity Crisis – JPMorgan’s CEO thoughts “No investors will be safe”

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Cash is king.  And liquidity is very important to the financial markets.

Several reports have suggested lately that Jamie Dimon, CEO of JP Morgan believes “No investors will be safe” from a possible liquidity crisis.  He believes a liquidity crisis could come if conditions continue in the direction they are facing.

“Some things never change,” the CEO wrote in a 39-page annual letter to shareholders on Wednesday. “There will be another crisis, and its impact will be felt by the financial market.”

 

Here is the video.

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Leslie Michael Jr. was born and raised on the Westcoast of British Columbia, Canada. He is a lecturer of Money Uncensored, a series of presentations designed for North Americans and people from around the globe to better understand the financial direction this world is headed and what they can do to protect themselves financially.

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