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new this morning, jamie dimon, ceo of jpmorgan chase said a recession is not his biggest concern right now. listen. >> there's very good news right now in the united states, people see it. consumers still spending a lot of fiscal stimulus but a lot of stuff on the horizon which is bad and could, doesn't necessarily, but could put the united states in recession. that's not the most important thing for what we think about. we'll manage right through. i would worry much more an the geopolitics of the world today that discussion was part of the future investment initiative conference in riyadh in saudi arabia today, with the ceo also of goldman sachs, david solomon and most importantly richard quest, who moderated, and richard joins us now. richard, what more did you hear from jamie dimon? >> reporter: well, jamie dimon obviously went through the recession idea, but here are the future investment initiatives there is so much money around, saudi and other gulf people, they come here to basically do business and as part of it
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Before-body-partsLand-richardLegal-richardi've been for a long time believed that the real peace process that you need in the middle east is not between arabs and israelis, israelis and palestinians -- though it would be great if we had that -- it's between sunnis and shiites. that basically this conflict between sunnis and shiites, persians and arabs is tearing the middle east apart country by country. you see in the lebanon, you see in the syria, you see in the iraq and until they stop fighting over who is the proper heir to the prophet mohammed from 623, the region is going to get torn apart and you really look at what's happened to syria and what's happened to some of its biggest cities, aleppo, homs, hama, and richard, i think you did your ph.d. on the gulf region, who will rebuild these cities today? . if this civil war doesn't stop, if we don't help them get beyond this, if we take one side or another this whole region is
ConflictSunnisShiitesPeace-processMiddle-eastArabsIsraeliIsraelisPalestiniansCountryIranFighting