30 January 2024
JPMorgan Chase CEO Jamie Dimon has raised an alarm over the burgeoning U.S. national debt, warning of a potential global market rebellion. As of now, the U.S. national debt stands at a staggering $34.14 trillion, roughly amounting to $100,000 per person in the country. Despite the debt ceiling being suspended until 2025, Dimon expressed grave concerns about the long-term economic implications during a panel discussion at the Bipartisan Policy Center.