Home » General World News » DIMON: If ‘you put some of my liberal democratic friends responsible for Singapore, it would still be a backwater’

DIMON: If ‘you put some of my liberal democratic friends responsible for Singapore, it would still be a backwater’





JPMorgan CEO Jamie Dimon is a fan of Singapore.

The Wall Street executive, who was recently said to be under consideration for Treasury secretary, advocated for the kind of heavy-handed leadership and public policy that country has seen in recent decades while speaking with Bloomberg Businessweek in Detroit Thursday.

Dimon was answering a question about whether Detroit’s revitalization is replicable elsewhere. He pointed to Singapore as a model.

“When it formed, it was partially Chinese, partially Malay, partial Indian; they didn’t speak each other’s languages,” Dimon said. “A prime minister came in with the same kind of vision and strength to read more >>>

Source:: BusinessInsider.Com

Comments are closed.