The US debt will never be paid off by conventional means...we can't grow our way out: Paul Schatz

#JamieDimon #Economy #stocks
Yahoo Finance's Aikiko Fujita and Zack Guzman spoke with Heritage Capital President Paul Schatz about the latest commentary from JPMorgan CEO Jamie Dimon.

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[julianchung]

Time to leave US, it's a sinking boat.

[Wulfcry]

That man talks sense to listen to him.
But my take is 2050 or 2060 US might lose its world reserve currency status.

[raybod]

Congress could change the law and allow the Treasury to create dollars to cover deficit spending instead of selling bonds.

[thucydd]

This has all been down before and there is nothing new. All we have to fear is fear itself.

[deeremandoug]

u would have to b a fool to believe that the debt will b paid. what does it matter?? no one will ever declare bankrupt we will just print more paper. thats always is the solution print more paper

[xpengfangirl]

thank you, china belt road now can reach very far, take usa and make smart city, be happy with cake western peoples

[basedtradesman]

Buy silver!!! Protect yourself from the coming inflation.

[demonridera]

It's a race to the bottom. The solace is that the bottom is far away. Is it ?

[xpengfangirl]

ah, good jop, reporter guy, give chyna answer, we will delist dolla from basket, I will tell my boss (global power guy, he whip usa and take california land)