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๊ฐ€์ž… September 2022
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๐Ÿšจ JPMORGAN CEO JAMIE DIMON ON GOVERNMENT DEBT AND THE WARNING SIGNS: "We can't borrow endlessly and spend endlessly. If you look at the buildup in debt around the world, America's gone from 50% of GDP to 100%. Countries around the world are borrowing money. We can't be complacent." On how it ends: "There will be a point where the market will ask for more and more and more. At one point that'll feed into corporate debt, corporate credit spreads. That's how it normally happens." His advice: "The best thing to do with any of these things is deal with it before it becomes a crisis. If it becomes a crisis, we will deal with it. It just will be in a much less pleasant way."
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