Posted 2/12/2024, 3:50:26 PM
Top Bank CEOs Warn of Looming US Debt Crisis and Potential Loss of Dollar Dominance
- JP Morgan CEO Jamie Dimon predicts a major US financial crisis amid rising debt over $34 trillion
- Dimon warns of a "global market rebellion" against the US dollar and growing debt
- Bank of America CEO Brian Moynihan says the debt issue must be addressed urgently
- Federal Reserve Chair Jerome Powell calls US spending trajectory "unsustainable"
- Growing BRICS alliance seen as "beginning of global market rebellion" against dollar prevalence