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World's most powerful banker warns of financial crisis: ‘People are doing stupid things again’

World's most powerful banker warns of financial crisis: ‘People are doing stupid things again’

Jamie Dimon, the head of JPMorgan Chase, has warned of a potential financial crisis, comparing current market euphoria to the conditions preceding the 2008 crash. He cautioned that investors are repeating past mistakes, signaling a risk to global financial stability.

Based on reporting by ad. Translated and condensed by LocalHeadlines.

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