JAMIE DIMON SAYS THIS MATTERS MORE THAN WHAT HAPPENS TO THE ECONOMY NEXT YEAR
The JPMorgan $JPM CEO at the Economic Club of Chicago this week
He wasn't talking about rates, inflation or a recession.
He was talking about China going after Germany's industrial base. He calls Germany's cars, machine tools and equipment "extraordinary," but says Chinese products are good and German manufacturers are going to lose.
Without fair, common trade barriers, he says it will be hard to stop them.
"There is no replacement for American leadership."