STAGFLATION? JPMorgan Chase CEO Dimon Fears US May Be Heading back to 1970s’ Economic Woes
Ever since America’s largest bank JPMorgan Chase got rid of the Jeffrey Epstein-linked string of lawsuits, its CEO Jamie Dimon has been able to fully reposition himself as one of the main economy commentators in the nation.
He has been a critical voice removed from the rosy-colored forecasts by some liberal economists, and has so far been proven right about it.
Now, Dimon is is concerned that the US economy could be in route to repeat the economic woes that held back the country during the 1970s.
There’s a chance that it can happen again, he said during an appearance Tuesday (23) at the Economic Club of New York.
But what is ‘it’?
