Jamie Dimon says US needs to ‘get our own act together’
- JPMorgan Chase CEO Jamie Dimon cautioned Friday about the tense US-China relationship and domestic issues during his speech at an economic forum held in California.
- Dimon linked the tension to President Trump's tariffs, which have sharply cut US-China trade and added uncertainty to an already testy relationship between the two largest economies.
- He emphasized the need to address major domestic challenges, including approval processes, regulatory frameworks, immigration policies, tax issues, urban education, and the healthcare system, to enhance the nation’s economic prospects.
- Dimon stated, "We have to get our act together," and said the US could grow 3% annually if these challenges are addressed, while cautioning the 2024 deficit is about $2 trillion or 7% of GDP.
- His warning suggests the US must manage both external adversaries like China and internal mismanagement to sustain economic resilience and avoid worsening fiscal deficits.
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60 Articles
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JP Morgan Chase CEO Jamie Dimon says we need to get “our act together and quickly.” He also said he is most worried about the “enemy within.” It seems he just woke up. It would have been helpful if he woke up a little faster. Jamie Dimon is not fucking around today… “China is an […] The post Alarming! Jamie Dimon Is Most Worried About the “Enemy Within” appeared first on www.independentsentinel.com.
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