JPMorgan’s Jamie Dimon can’t shake the worry America is headed for a repeat of 1970s-style stagflation—and national debt may be to blame

18 comments

1. Dammit. Print more money quick! That’ll fix it.

2. That twat waffle should be in prison.

3. is this idiot looking to buy more regional banks?

4. The national debt is so high because we give away unneeded tax cuts to the extremely wealthy. 

5. Government spending is out of control. Recently, Jerome Powell said on a podcast they congress is spending too much, but he cannot control how much they spend. He did say that if they do not stop the deficit spending it will be a huge dev crisis for our country.

6. If concern for federal government debt is the concern, then the answer is to elect more fiscally responsible Democrats. The Republicans have shown no interest in actually controlling that problem.

7. He’s right. We are already there.

8. Stop giving this guy a platform. He’s a crook who cannot be trusted. Even when he’s sincere he’s frequently wrong.

9. Why should we give a fuck what this guy says.

10. Little late to fret over it now.

11. He’s just playing word games. The government converted to modern monetary theory long ago.
    Sovereign debt doesn’t matter. Just M1 M2

12. Besides 70% of spending is on social programs.
    You can’t steal that much in taxes from the rich and business. But the progressive liberal democrats will try.

13. Well, we know that’s not the reason then. Jamie Dimon has no incentive to tell the truth to the world; every single word out of that dickheads mouth is manipulative motive.

14. He’s been crying wolf for at least the past decade. Eventually he’ll be right….

15. And yet we keep spending like no tomm

16. 🤣🤣🤣…this guy such BS

17. Remember when banks were too big to fail? We bailed them out at tax payer expense.

18. Snow tiger on the prowl