- Mounting US debt will eventually spark a “rebellion” in markets around the world, JPMorgan CEO said.
- That’s because $7.6 trillion of US government debt is held by foreign entities in countries like Japan and China.
- “It is a cliff. We see the cliff. It’s about 10 years out. We’re going 60 miles an hour,” Dimon said.
JPMorgan CEO Jamie Dimon Says US Debt Will Spark ‘Rebellion’ in Markets
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