Chairman Jamie Dimon, of JP Morgan Chase commercial bank, warns shareholders at their annual meeting that they should be more concerned about the potential default of the republic of california than they should the current debt problems that Greece is experiencing.
[added 3/6/2021] Thanks to Freedom’s Phoenix for this entry.
Subsequent Events:
References:
Fallout California is a greater risk than Greece, warns JP Morgan chief – Telegraph
www.telegraph.co.uk/finance/financetopics/financialcrisis/7326772/California-is-a-greater-risk-than-Greece-warns-JP-Morgan-chief.html
Current U.s. National Debt:
