US could follow Europe's path: Jamie Dimon on economic slowdown
JPMorgan Chase CEO Jamie Dimon said US could face a Europe-style economic decline if it continues pursuing anti-business policies, driving companies out. "Europe used to have a GDP per person of about 90% of America…It’s now 65% of America and it’s on its way to 50%," he said. He warned that US must act now to remain competitive.