Manifesto of fear from the “high priests” Dimon and Blair: The axis of evil is tearing the planet apart – The end is coming for the EU

This is not a simple economic analysis, but a manifesto of survival or fear, depending on how the reader interprets it, in a world that is disintegrating.
The powerful head of JPMorgan Chase, Jamie Dimon, and former UK prime minister Tony Blair join their voices to warn, or alarm:
The old world is dead. What lies ahead is a multipolar, “multi-speed” nightmare, where money, technology and security move at different speeds, threatening to crush anyone who fails to adapt immediately.

The “bomb” of 38 trillion and AI

The report “World Rewired,” presented by Banking News, is devastating for the economic health of the United States.
While remaining the global leader in innovation, Jamie Dimon sounds the alarm: US debt has doubled since 2004, surpassing 100% of GDP in 2024.
The shocking revelation is that, for the first time in history, interest payments on debt have exceeded military spending.
Without immediate fiscal adjustment, debt will soar above 120% by 2030, leading to a complete collapse in investor confidence.
Tony Blair, for his part, focuses on the technological threat.
Artificial intelligence (AI) is not merely a tool, but the new battlefield that will determine who dominates the planet by 2050.
However, the “democratic recession” is already here.
Seventy-two percent of the world’s population, nearly six billion people, now live under authoritarian regimes.
Populism is sweeping the West, fueled by inequality and the fear that AI will wipe out the middle class, concentrating all gains in the hands of a small elite.

The “monster” of China and the EU

The report paints a dark picture of the geopolitical instability that China under Xi Jinping could cause, although it turns a blind eye to Western responsibilities.
China is not merely seeking growth, but full military dominance by 2049, the authors note.
At the same time, the alarming CRINK axis (China, Russia, Iran, North Korea) is emerging, a revisionist alliance aiming to dismantle Western dominance and create alternative financial systems to bypass sanctions.


For the EU, Dimon and Blair are ruthless: either it reforms now or it will slide into historical oblivion.
Trapped between the United States and China, with zero defense autonomy and an aging population, Europe risks becoming a mere “regulator” in a world controlled by others.
“If it cannot stand on its own against Russia, it will struggle even more to confront systemic competition with the US or China,” Blair and Dimon say, adding: “Europe needs further integration to prioritize defense and economic growth.”

Warning

This warning comes amid a European summit on financing Ukraine and redefining the framework of rules for international economic relations, while US President Donald Trump is pressuring the EU, among other means through the new National Security Strategy.
Ursula von der Leyen, president of the European Commission, has repeatedly stated that Europe must take responsibility for its own security.
The report also highlights the challenges facing “middle powers,” such as India and the Gulf states, in the new geopolitical environment, showing how artificial intelligence and political populism are reshaping the global order.
As Alexander George, co-author of the report “World Rewired: Navigating a Multi-Speed, Multipolar Order,” notes, “we are living in a world that has never existed before; it is like a three-dimensional chessboard.”
According to the report, the United States retains significant power but faces its greatest challenges internally, where political instability complicates efforts to address high debt.
China’s trajectory will depend on whether it can sustain growth despite demographic pressures and financial obligations.
For middle powers, the report notes that high US tariffs on India, imposed in retaliation for purchasing Russian oil, highlight the limits of a multi-aligned strategy, while the strengthening of technological ties between the UAE and the US shows that countries are being forced to choose between the US and China in the technology sector.
The report was produced by Jamie Dimon’s JPMorgan Chase, which has launched a ten-year, $1.5 trillion plan to support critical US industries, in cooperation with the Tony Blair Institute for Global Change.
Blair chairs JPMorgan’s international council, which provides strategic and geopolitical advice to the firm.

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