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Exploding US debt makes fiscal crisis nearly inevitable

Summary by Times-News
Jamie Dimon, the CEO of JPMorgan Chase, was more tantalizing than illuminating when he recently said, regarding the nation’s fiscal trajectory, “You are going to see a crack in the bond market.” Details, even if hypotheticals, would be helpful concerning…

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St Louis Post-DispatchSt Louis Post-Dispatch
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Exploding US debt makes fiscal crisis nearly inevitable

Jamie Dimon, the CEO of JPMorgan Chase, was more tantalizing than illuminating when he recently said, regarding the nation's fiscal trajectory, "You are going to see a crack in the bond market." Details, even if hypotheticals, would be helpful concerning…

·St. Louis, United States
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After six months of shocks, financial markets are showing resilience. Some weariness is evident, but too much investor mistrust of US debt could lead to a crisis.

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U.S. News broke the news in New York, United States on Monday, June 30, 2025.
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