Gelonghui May 15| JPMorgan Chase CEO Jamie Dimon said in an interview with Sky News on WednesdaygooglepokerThe United States needs to focus on reducing its fiscal deficit, otherwise it could become a "more troubling" issue in the future. Dimon shares the views previously expressed by other business leaders. Dimon said any country can borrow money and drive some growth, but that may not always lead to good growth.
Debt sustainability in the United States has been a focus for years, especially in the aftermath of the pandemic, when governments spent heavily to boost the economy. Experts warn that the debt the government is taking on could quickly become unsustainable, fueling inflation and posing a risk to the U.S. credit rating.