JPMorgan CEO Jamie Dimon warns US driving toward a cliff as debt snowballs
JPMorgan chief warns US must address debt before it becomes a crisis
By News on the Net -- Fox Business—— Bio and Archives--January 27, 2024
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JPMorgan Chase chairman and CEO Jamie Dimon says the U.S. is speeding toward a cliff as the nation's runaway debt continues to mount, sounding the alarm that the situation needs to be tackled before it results in a crisis.
The chief executive of the nation's largest bank issued the warning during a panel discussion at the Bipartisan Policy Center on Friday, when he was asked for his take on what it means for the economy if the federal government fails to address the issue. ---More...
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