JPMorgan Chase CEO Jamie Dimon has warned that there may be “cockroaches” in the U.S. economy that could spell total meltdown.
The top banker cautioned that despite the stock market’s strong performance, there may be masked issues that could spark a downturn similar to the 2008 financial crisis.
“I shouldn’t say this, but when you see one cockroach, there’s probably more. Everyone should be forewarned on this one,” said Dimon on the bank’s earnings call Tuesday with analysts, according to the Guardian.
The post Top Banker Gives Eerie Warning With Echoes of 2008 Crash appeared first on The Daily Beast