Jamie Dimon Warns of Imminent Economic Cliff Due to U.S. Debt

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.

Need help?

Please use the contact form to get support.