Jamie Dimon Compares 2024 Economy to the 1970s
TL/DR -
JPMorgan Chase CEO Jamie Dimon shared his unease about the U.S. economy, comparing the current situation to the 1970s, a decade marked by high inflation and stagnant growth. Dimon pointed to large fiscal deficits, changing trade flows, and commitment to large government spending, stating these developments are all inflationary.…