The National Debt Just Passed $39 Trillion. Buffett Says One Law Could Fix the Problem in 5 Minutes.

The National Debt Just Passed $39 Trillion. Buffett Says One Law Could Fix the Problem in 5 Minutes.

Warren Buffett once claimed he could solve America's fiscal crisis faster than it takes to microwave lunch, and fifteen years later a surprising coalition of billionaires and policymakers is betting he was right.

Jamie Dimon wouldn't be putting more of his own money in the long end of the bond market right now, thanks to $39 trillion national debt fears

"These are very high debt numbers ... Usually you have to have like a great recession or a depression to have or war to have numbers like that," Dimon said.