Jamie Dimon Warns of ‘Rebellion’ as Government Debt Balloons, Economy Heads Towards ‘Cliff’

The CEO of JPMorgan Chase warns of a potential market ’rebellion' due to Washington’s unchecked spending escalating U.S. government debt.
Jamie Dimon Warns of ‘Rebellion’ as Government Debt Balloons, Economy Heads Towards ‘Cliff’
JPMorgan Chase CEO Jamie Dimon in Washington, on April 9, 2019. Jeenah Moon/Reuters
Tom Ozimek
Updated:
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JPMorgan Chase CEO Jamie Dimon said that out-of-control spending in Washington that keeps adding to the growing pile of U.S. government debt threatens to trigger a reckoning in the form of a market “rebellion.”

Mr. Dimon made the remarks while speaking on a panel at the Bipartisan Policy Center in Washington last week alongside former House Speaker Paul Ryan (R-Wis.), a self-proclaimed deficit hawk.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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