JPMorgan CEO Jamie Dimon Warns of Global Market 'Rebellion' Due to Escalating U.S. Debt

With the U.S. debt-to-GDP ratio projected to reach 130% by 2035, Dimon predicts the rising debt could exceed the U.S. government’s total revenue by 2030.

• Jamie Dimon, CEO of JPMorgan Chase, warns of a potential global market 'rebellion' due to the escalating U.S. national debt, which currently exceeds $34 trillion.
• The U.S. debt-to-GDP ratio is approximately 120% and is expected to reach 130% by 2035, according to Dimon.
• Foreign entities, including countries like Japan and China, hold $7.6 trillion of U.S. government debt, which could lead to global implications.
• Dimon predicts that the rising debt could exceed the U.S. government’s total revenue by 2030, as projected by the Congressional Budget Office.
• Dimon emphasizes the need for a stronger America and military, underscoring the global security implications of the U.S. debt situation.

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