JPMorgan reveals plan for swelling debt crisis as Bitcoin crashes

JPMorgan thinks America’s way out of its debt mess may run through higher inflation, weaker Fed independence, and a lot more pain for risk assets. JPMorgan Private Bank’s 2026 outlook zeroes in on the United States’ swelling $38.15 trillion national debt and a debt-to-GDP ratio hovering around 120%, warning that the real risk is not a sudden buyers’ strike in U.S. Treasury, but a slow, deliberate policy shift that changes the entire macro backdrop for markets, including crypto. Debt-to-GDP, explained Gr ...