JPMorgan Chase CEO Jamie Dimon calls out the 'dangerous' government debt and 'shenanigans of politics' impacting sectors which could help the U.S. economy grow by 3%.
JPMorgan Chase CEO Jamie Dimon says banks will be there for customers in good times and bad.
"I'm talking about on the day that America can't pay its debt, that has potentially disastrous outcomes. Once American debt goes into default, a lot of people can't own it anymore and American debt doesn't cross-default, but it's cumulative," the CEO told"The [Treasury bill] defaults, and the next week T-bill defaults, the next week T-bill defaults, pension plans have to sell," Dimon continued.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
JPMorgan Chase CEO Jamie Dimon sticks to hiring plans and dials back prediction of economic ‘hurricane’CEO lambastes FTX as a 'decentralized Ponzi scheme' and says JPMorgan continues to add staff as it opens more branches around the globe.
Baca lebih lajut »
JPMorgan’s Jamie Dimon more optimistic on US consumerJPMorgan Chase CEO Jamie Dimon weighed in on the American consumer and the state of the current economy in an interview with FOX Business' Maria Bartiromo.
Baca lebih lajut »
Arizona business leaders upbeat in JPMorgan Chase surveys - Phoenix Business JournalNational economic pressures are being felt by business leaders in Arizona too, but many indications suggest that Arizona business leaders are feeling a bit more positive about the overall situation than leaders in other states. Here's how the numbers break down.
Baca lebih lajut »
JPMorgan CEO Lambasts Bitcoin as “Decentralized Ponzi Scheme”JPMorgan CEO Jamie Dimon remains a staunch critic of cryptocurrencies, describing them as a 'decentralized Ponzi scheme'
Baca lebih lajut »
JPMorgan touts editor job with $30,000 ‘annual restaurant budget’Banking giant JPMorgan Chase is seeking to lure a food editor by offering a “$30,000 annual restaurant budget” in an effort to drive clients to its credit card business.
Baca lebih lajut »
China's reopening could boost Australia's economy by 1%, JPMorgan saysAustralia's economy could be no small beneficiary of an end to China's zero-Covid policy over the next two years, according to JPMorgan.
Baca lebih lajut »