JPMorgan Chase CEO Alerts US Bond Crisis Coming After Huge Money Printing, Says Regulators Will Panic

JPMorgan Chase CEO Jamie Dimon issued a significant warning on the state of the US economy. At an event hosted by the Ronald Reagan Presidential Foundation, Dimon informed regulators about the potential consequences of the massive money printing since 2020. He predicted a crack in the bond market, causing regulators to panic. Dimon emphasized the return of bond vigilantes protesting unsustainable fiscal policies and growing concerns about America’s increasing debt. Despite his lack of worry about China as a potential adversary, Dimon stressed the need for the US to strengthen internally to maintain its status as the preeminent military and economic power. He called for improvements in regulations, migration, taxation, healthcare, and education. Additionally, Dimon expressed dissatisfaction with Bitcoin’s role as a strategic reserve asset, advocating for the stockpiling of conventional military resources instead.