JPMorgan CEO Warns Soaring US Debt Could Spark Market 'Rebellion' and Threaten National Security
• Mounting US debt of $34 trillion will eventually spark a "rebellion" in global markets, per JPMorgan CEO Jamie Dimon
• $7.6 trillion of US debt is held by foreign countries like Japan and China
• US debt-to-GDP ratio is 120% now and could hit 130% by 2035, forming a "hockey stick" chart
• Interest payments on US debt may exceed total government revenue by 2030, crowding out other spending
• Growing US debt threatens national security and America's global standing, Dimon warns