BREAKING 🚨
JPMorgan CEO Jamie Dimon warns governments they cannot keep borrowing endlessly 📉.
Dimon says U.S. debt rose from about 50% to 100% of GDP. He cautions fiscal excess will force markets to demand higher yields. The alert arrives as sovereign debt sustainability concerns intensify. Investors could face tighter credit conditions ahead.
Policymakers confront mounting pressure to rein in deficits ⚠️
$STRK, $LUMIA, $STRK
JPMorgan CEO Jamie Dimon warns governments they cannot keep borrowing endlessly 📉.
Dimon says U.S. debt rose from about 50% to 100% of GDP. He cautions fiscal excess will force markets to demand higher yields. The alert arrives as sovereign debt sustainability concerns intensify. Investors could face tighter credit conditions ahead.
Policymakers confront mounting pressure to rein in deficits ⚠️
$STRK, $LUMIA, $STRK