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That's better help help dot com. This is CBS I on the world. I'm John Bachelor. Gordon Chang. I'm

Gordon Chang. I've Gordon Chang. My colleague and co-host and friend. The headline, The Economic Times.

J.P. Morgan Chase CEO Jamie Diamond warns World War III has already begun.

mentions China and Russia.

That is an alarming headline, so we need to explicate.

Gordon and I welcome Jonathan Ward, Senior Fellow at the Hudson Institute,

author most recently of the Decisive Decade, American

Grand Strategy for Triumph over China.

Jonathan, a very good day to you, Mr Diamond is head of the Solar Systems largest bank. As I recall,

J.P. Morgan Chase has done business on all the major occupied continents for

decades, very successfully. Is there some point we can look to in these last

years where Mr Diamond moved from doing business in China to worrying about China and Russia as beginning an

apocalyptic era. Good evening to you. Good evening John. Good evening

Gordon. Well look I think Jamie Diamond has been probably my favorite example of a major league business leader who's changed his view of geopolitics. I think really gotten the bigger picture. And as I recall this, because there was a time where I thought he was making

very conventional comments about geopolitical risk not understanding it but after Ukraine I think

...