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I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.

Jamie Dimon

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Jamie Dimon
Age: 68
Born: 1956
Born: March 13
Banker
Business Person
New York City
New York
James Dimon
James Jamie Dimon
Relative
Foreign
Large
Amount
Economies
Economy
Emerging
Also
Reserves
Believe
Exchange
Years
Fairly

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I think the politics have gotten better in the United States, which makes it easier to pass legislation, budgets and treaties.
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One of the issues with some of these lenders is going to be, where will their provider of credit be when there's a crisis? That's why some of these smarter services, to support their operations, are courting more permanent capital. They want a source of longer-term funding that can survive a crisis.
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Prime Minister Modi [Narendra] is strong enough, and he's accomplished much.
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I am not embarrassed to be a banker. I am not embarrassed to be in business.
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