The Bond Market Time Bomb: Jamie Dimon's Warning Unheeded Jamie Dimon, CEO of J. P. Morgan Chase, has been a persistent critic of the nation's growing debt problem.
His latest pronouncement, in which he ruled out investing his personal wealth into long term Treasury bonds due to the $39 trillion national debt, is another iteration of this theme. The U. S.
debt to GDP ratio has ballooned to 120%, with interest payments totaling $24 billion per week. This is a staggering burden that few can afford.