Jamie Dimon's grim warning for US economy: JPMorgan Chase CEO says 'If we don't fix these things...'

JPMorgan Chase CEO Jamie Dimon issued a stark warning, stating the US is heading towards a European-style economic decline due to anti-business policies. He emphasized that cities and states must foster growth-friendly environments to remain competitive, citing Florida and Texas as examples of successful business attraction. Dimon cautioned that excessive regulation and taxation will ultimately harm lower-paid citizens.