**JPMorgan Chase CEO Jamie Dimon Issues Stark Warning on U.S. Economy and Financial Markets**

At a recent event hosted by the Ronald Reagan Presidential Foundation, JPMorgan Chase CEO Jamie Dimon delivered a stark warning regarding the future of the U.S. economy. Dimon highlighted the uncertainties surrounding the massive amounts of money that have been printed since 2020, cautioning regulators that the consequences are yet to be fully realized.

Dimon specified that a significant disruption in the bond market is inevitable. Addressing regulators in attendance, he asserted, "You are going to see a crack in the bond market. It is going to happen. And I tell this to my regulators, some of you who are in this room, I'm telling you it's going to happen and you're going to panic. I'm not gonna panic. We'll be fine. We'll probably make more money, and then some of my friends will tell me, 'We like crises because it's good for JPMorgan Chase.' Not really."

Furthermore, Dimon pointed out the return of bond vigilantes—investors who sell bonds to protest against what they see as unsustainable fiscal policies and burgeoning national debt. Looking ahead, while Dimon emphasized a need for the U.S. to self-improve rather than worry about China as a potential future adversary, he warned that maintaining military and economic preeminence is crucial. "If we are not the preeminent military and the preeminent economy in 40 years, we will not be the reserve currency. That's a fact. Just read history... We have to get our act together and we have to do it very quickly."

Dimon also called for comprehensive efforts to streamline various sectors including regulations, immigration, taxation, healthcare, and education. Expressing his dissatisfaction with the rise of Bitcoin as a strategic asset, he stated, "We shouldn't be stockpiling Bitcoin. We should be stockpiling guns, bullets, tanks, planes, drones, rare earths. We know what we need to do."

In summary, Dimon's remarks highlight a range of issues that he believes need urgent attention to secure the country's long-term stability and economic leadership.