Chapter of J.P.Morgan Chase & Co: Federal Government of the United States spends money, as "the drunk sailor"

The known American banker James Daymon warned compatriots against excessive belief in bright future of economy of United States of America. The chairman boards of directors and director general J.P.Morgan Chase & Co James Daymon considers as "a huge mistake" blind belief that the American economy will grow many years thanks to consumers. He told about it on September 11 at the financial Barclays Global Financial Services Conference conference, writes Zerohedge. The disbelief in optimistic statements of certain economists and many politicians, especially, as is easy to guess, from Republican Party, it...