Jamie Dimon, CEO of JPMorgan Chase, said in a speech at the Institute of International Finance that the wars in Ukraine and the Middle East have already started a third World War.

Dimon previously said Russia, North Korea, and Iran were an “evil axis” that, alongside China, will hurt institutions like NATO, Newsweek reported.

“And they’re talking about doing it now,” Dimon said at the event. “They’re not talking about waiting 20 years. And so the risk of this is extraordinary if you read history. World War III has already begun. You already have battles on the ground being coordinated in multiple countries.”

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