Mohamed A. El-Erian , Columnist

Jamie Dimon Is Right to Raise the Alarm

The JPMorgan Chase CEO's comments don't make him un-American.

July 17, 2017 at 6:00 AM UTC

Mohamed A. El-Erian is a Bloomberg Opinion columnist. A former chief executive officer of Pimco, he is president of Queens’ College, Cambridge; chief economic adviser at Allianz SE; and chair of Gramercy Fund Management. He is author of “The Only Game in Town.”

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Photographer: Chip Somodevilla/Getty Images

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The blunt remarks by Jamie Dimon, the highly successful chief executive of JPMorgan Chase, during a conference call on July 14, have triggered a wide range of reactions, from supportive to accusations that he is anti-patriotic:

Put in a proper context, the comments speak to four consequential realities in the U.S. and global economies: