Jamie Dimon argues younger generation should stop ‘bemoaning the situation’ in the US: ‘As long as we don’t have nuclear war, they’re going to have an unbelievable life’ 

Younger Americans have no reason to be glum about the future — as long as there’s no “nuclear war,” JPMorgan Chase CEO Jamie Dimon said.

“These kids, anyone who’s depressed, as long as we don’t have, like, nuclear war, they’re going to have an unbelievable life,” Dimon told Fox Business host Maria Bartiromo.

The billionaire Wall Street powerbroker cited the enormous total net-worth of US households, that in time will be passed down to younger generations, and technological advances he believes will allow Gen Z and Gen Alpha to live long and healthy lives. 

“People say the next generation is in bad shape – Really?” Dimon said during his Wednesday appearance. “They’re going to inherit a country that’s worth $200-$300 trillion. They’re probably going to live to 120. [Artificial intelligence] is going to cure some cancers.” 

“They shouldn’t be bemoaning the situation.”

The Federal Reserve found that households net-worth increased to $169 trillion last month. 

By 2045, more than half that total, $84.4 trillion, is projected to be transferred to heirs, marking a significant multigenerational wealth transfer, according to experts at the financial services firm Cerulli Associates. 

Instead of moping, disillusioned youths “should be looking at this world and saying, ‘What can I make of it?’ You know, ‘What can I do better than the folks before me?’” Dimon argued.   

The CEO also suggested younger people should “take care” of themselves as part of their preparations for a successful future. 

“If you don’t take care of your mind, your body, your spirit, your soul, your friends, your family — you’re not going to have a great life and enjoy it,” Dimon said. 

“Have a little heart and humanity, treat people properly. [The way] I grew up, the way you treat everyone is fair and honest and forthright … and you’ll have a great life.”