JPMorgan Chase CEO Jamie Dimon says the United States is suffering from a government “mismanagement” issue which has the potential to “kill us” and warned that spending will cause a crisis in the bond market, reported Bloomberg.

Dimon, the head of the nation’s largest bank, also said American officials shouldn’t assume China will buckle in the face of trade pressure.

“I would engage with China. I just got back from China last week. They’re not scared, folks,” Dimon said at the Reagan National Economic Forum on Friday.

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