They've got muck; we've got rakes. TPM Muckraker

VIDEO: JPMorgan CEO: 'We Have Crises Every Five Or Ten Years' -- So No Biggie

Jtydg0jp6w4zyrddos6f
Newscom

It's not a surprise that we know we have crises every five or ten years. My daughter came home from school one day and said, 'daddy, what's a financial crisis?' And without trying to be funny, I said, 'it's the type of thing that happens every five, ten, seven, years.' And she said: 'why is everybody so surprised?' So we shouldn't be surprised...

Watch:

Got it? Even Dimon's daughter can grasp that these things happen every few years and we shouldn't blame people like Dimon and his colleagues!

If only we stopped to listen to the intuitive wisdom of children...