Fortune, Apr. 8, 2026

The U.S. had a national debt ‘home run’ in its grasp, says Jamie Dimon. But the government did nothing, and now its best option is crisis management

The U.S. national debt stands at more than $39 trillion, with interest paid on the debt now amounting to more than $1 trillion a year. Before too long, that figure will double.

What this borrowing (and its related interest payments) will ultimately mean for the economy remains to be seen: Theories range from a market “reckoning” to public investment being crowded out by spending on debt maintenance. Others suggest inflation will merely be allowed to rise, ultimately lowering the real value of the debt.

Read mopre ....