Jamie Dimon
đ€ PersonAppearances Over Time
Podcast Appearances
Just the interest on the existing debt, not any debt that's going to be accrued in the future, is about $1 trillion a year. That's more than the defense budget. That's more than Medicaid and food stamps and disability insurance all rolled together.
Just the interest on the existing debt, not any debt that's going to be accrued in the future, is about $1 trillion a year. That's more than the defense budget. That's more than Medicaid and food stamps and disability insurance all rolled together.
There are two sorts of people who weren't warned about this. There are people who have something to sell like gold coins or fishy investment products who have been warning about it for way before 50 years. And then there are thoughtful people who look at the escalating numbers and get alarmed. And they've wound up looking foolish very often over the years.
There are two sorts of people who weren't warned about this. There are people who have something to sell like gold coins or fishy investment products who have been warning about it for way before 50 years. And then there are thoughtful people who look at the escalating numbers and get alarmed. And they've wound up looking foolish very often over the years.
And that's precisely because nothing has happened. But now you have many people sounding the alarm all around the same time.
And that's precisely because nothing has happened. But now you have many people sounding the alarm all around the same time.
It fits into it in a pretty negative way, because if you look at all the government projections that one sees of what's going to happen to debt and deficits, they're already fairly dire, but they have to assume that current law holds. And current law means that the 2017 tax cuts during the first Trump administration would have expired at the end of this year.
It fits into it in a pretty negative way, because if you look at all the government projections that one sees of what's going to happen to debt and deficits, they're already fairly dire, but they have to assume that current law holds. And current law means that the 2017 tax cuts during the first Trump administration would have expired at the end of this year.
So things were bad enough there, and the one big beautiful bill is going to extend them and pile other What is the concern exactly? That the national debt can reach a level that the system will kind of stop working? What are they worried about? Es ist wirklich so psychologisch wie ein finanzielles Problem.
So things were bad enough there, and the one big beautiful bill is going to extend them and pile other What is the concern exactly? That the national debt can reach a level that the system will kind of stop working? What are they worried about? Es ist wirklich so psychologisch wie ein finanzielles Problem.
So when you talk about Doge coming in and firing a bunch of federal employees, you could not cut enough spending just to cover just the interest bill on what we owe, much less begin to pay that back and whittle down. And you also at the same time have this trade war going on. And those two things happening at once, the one big beautiful bill act.
So when you talk about Doge coming in and firing a bunch of federal employees, you could not cut enough spending just to cover just the interest bill on what we owe, much less begin to pay that back and whittle down. And you also at the same time have this trade war going on. And those two things happening at once, the one big beautiful bill act.
Und die Handelskriege, die auch ihren Growth verhindern wird, niedrigerer Growth ist schlecht fĂŒr das Finanzieren des Defizits. Und es ist wirklich unmöglich zu sagen, wann es einen Tipppunkt gibt, aber es ist sicher, dass es einen gibt.
Und die Handelskriege, die auch ihren Growth verhindern wird, niedrigerer Growth ist schlecht fĂŒr das Finanzieren des Defizits. Und es ist wirklich unmöglich zu sagen, wann es einen Tipppunkt gibt, aber es ist sicher, dass es einen gibt.
Wenn man Einwohner von 20-Jahre-Bonds auslösen wĂŒrde, wĂŒrde das Menschen schmerzen, die Ausgaben wĂŒrden steigen und das könnte selbstverbrechlich werden, weil je höher die Ausgaben sind, desto teurer ist es, die Existenz der Ausgaben zu finanzieren. Die Art und Weise, wie es in den Vereinigten Staaten aussieht, wĂ€re sehr anders als in Argentinien, TĂŒrkei oder Russland.
Wenn man Einwohner von 20-Jahre-Bonds auslösen wĂŒrde, wĂŒrde das Menschen schmerzen, die Ausgaben wĂŒrden steigen und das könnte selbstverbrechlich werden, weil je höher die Ausgaben sind, desto teurer ist es, die Existenz der Ausgaben zu finanzieren. Die Art und Weise, wie es in den Vereinigten Staaten aussieht, wĂ€re sehr anders als in Argentinien, TĂŒrkei oder Russland.
Scott Besson sagte ĂŒber den Wochenende, wir werden niemals auf unsere Zinsen zahlen. Du kannst ihm glauben, aber es ist egal, weil es eine indirekte Art ist, auf Zinsen zu zahlen, nĂ€mlich nicht reale Geld zu haben, um diese Bonds zu kaufen. Und das ist der echte Angst.
Scott Besson sagte ĂŒber den Wochenende, wir werden niemals auf unsere Zinsen zahlen. Du kannst ihm glauben, aber es ist egal, weil es eine indirekte Art ist, auf Zinsen zu zahlen, nĂ€mlich nicht reale Geld zu haben, um diese Bonds zu kaufen. Und das ist der echte Angst.
Das wĂ€re finanziell das Ăquivalent von Zinsen zu zahlen, weil du eine sehr rapide Inflation hĂ€ttest, wenn du auf die FED gebeten hĂ€ttest, um das fĂŒr dich zu tun.
Das wĂ€re finanziell das Ăquivalent von Zinsen zu zahlen, weil du eine sehr rapide Inflation hĂ€ttest, wenn du auf die FED gebeten hĂ€ttest, um das fĂŒr dich zu tun.