A Quote by Jamie Dimon
Part of the concept of the euro zone was to establish a common market. The banks were going to bank across all their countries like we bank across states. But that concept got killed for a whole bunch of reasons that I won't get into. That was a good concept, by the way. It may yet return, because there are huge economies of scale in banking. That's another thing people don't quite get.
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The whole concept of treating people with dignity and respect is a concept that isn't a business concept, it's a life concept. It's who you are at the end of the day.
Banks need to think through their ethics very carefully, and many have done so. I don't know any bank that dismisses the concept of ethical banking.
Banks need to think through their ethics very carefully, and many have done so. I dont know any bank that dismisses the concept of ethical banking.
The States is run by the Federal Reserve, an institution that answers only to itself and to a few large banks. It's modelled on the Bank of England. Ben Franklin said that one of the main reasons America revolted was to get away from the Bank of England, the mother of all central banks - the most pernicious and insidious of all.
There was a real fear that a euro-zone bank might fail, that we'd have a sovereign debt problem in one of the larger European economies. That's dissipated, thanks largely to the action of the European Central Bank.
Seriously. I'm not very bright, and it takes a lot for me to get a concept - to really get a concept. To get it enough that it becomes part of me. But when it happens I get real excited about it
Seriously. I'm not very bright, and it takes a lot for me to get a concept - to really get a concept. To get it enough that it becomes part of me. But when it happens I get real excited about it.
'Love Letter' is a concept album, and whenever I do a concept album - and I love doing concept albums more than any other kind of album - it allows me to get dressed, in a way, musically.
To me, what's really important about the Green New Deal isn't, like, one of the elements of it: it's the concept. It's the concept that we have a national emergency commensurate with a depression or a war. And then the second part of it, the concept that, in rising to meet that challenge, there's a ton of economic opportunity.
I didn't understand the concept that there's a state that won't allow its people to leave or come back whenever they want to, by saying, "It's because we love you." And I never get that - I still don't get that concept. I thought, that's very threatening, and I don't get why you would want to make this experiment with Germany separation.
I don't buy into that whole concept of success that I have this mountain with this moat around it and then I get into my big car and drive to my destination and never see people. That's not my concept of success.
Choicelessness brings you to the whole. Choice is always of the part, necessarily so. And then one person goes from one choice to another, becomes a driftwood - from this bank to another bank, from that bank to this bank. This is how you have been moving, down the ages, for so many lives
Another Christian concept, no less crazy, has passed even more deeply into the tissue of modernity: the concept of the 'equality of souls before God.' This concept furnishes the prototype of all theories of equal rights.
I think many thinkers and activists, even in the Islamist parties like the Muslim Brotherhood, and the people who left the Muslim Brotherhood to follow Abou el-Fatouh, these people do have an understanding that the relationship between religion and the state must be re-thought and re-assessed. They're not going to use the concept of secularism in any straightforward way, because the concept of secularism is still far too loaded in that part of the world.
As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for both the investment bank - which gets a huge volume of business - and the commercial bank because the commercial bank can walk into a company and say, "Oh, if you need X, Y and Z in Japan or China, we can do that for you."
Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the level of unemployment was high. He believed that this was due to a particular example of market failure, developed in his concept of effective demand.
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