Jimmy Damon, CEO of JPMorgan Chase, said that younger Americans have no reason to enjoy the future – as long as there is no “nuclear war.”
“These children, anyone who suffers from depression, as long as we do not have, like the nuclear war, will have an incredible life.”
The billionaire at Wall Street Potta Box, the massive total of American families, was martyred that in time it will be transferred to young generations, and technological progress that is believed to allow General Z and Gen Alpha to live in a long and healthy life.
“People say that the next generation is in bad condition – really?” Damon said during his appearance on Wednesday. “They will inherit a country worth 200 to 300 trillion dollars. They may live to $ 120. [Artificial intelligence] It will treat some cancer. ”
“They should not love the situation.”
The Federal Reserve found that the net value of families increased to 169 trillion dollars last month.
By 2045, it is expected that more than half of this total, $ 84.4 trillion, is expected to be transferred to the heirs, which represents a major transformation of multi -generational wealth, according to experts at Cerulli Associats for Financial Services.
Instead of excavation, young people should be seen disappointed with this world and say, “What can I do?” You know, “What can I do better than people before me?”
The CEO also suggested that young people must “take care” themselves as part of their preparations for a successful future.
Damon said: “If you do not care about your mind, your body, your soul, your soul, your friends and your family – you will not have a wonderful life and enjoy it.”
“You have a little heart and humanity, and to treat people properly. [The way] It has arisen, the way everyone treats fair, honest and frank … and you will have a great life. “
