by James Hickman
Schiff Sovereign
Jamie Dimon is one of America’s most prominent and successful CEOs; he built JP Morgan Chase into a $4 trillion juggernaut, so it’s fair to say that he understands global finance in a way that most people– and most politicians– do not.
On Friday, Dimon sat down for a 30+ minute live interview at the Reagan National Economic Forum– named after the 40th President who constantly preached cost-cuts and responsible spending.
Dimon opened his remarks talking about Reagan, who sounded the alarm about the national debt back in the early 1980s when America’s debt to GDP ratio was just 35%. Today it’s 122%. And with each passing year the number becomes even worse.