JPMorgan strategist David Kelly outlines five scenarios for U.S. debt crisis, warns even best case is troubling

Summary

JPMorgan's Chief Global Strategist David Kelly analyzes America's growing national debt crisis, mapping out five distinct scenarios for how the debt trajectory could unfold over the next decade. Kelly previously warned that America is "going broke slowly," and his latest analysis suggests even the best-case scenario remains alarming. The scenarios range from relatively optimistic (but still troubling) outcomes to severe fiscal crises, highlighting the gradual but serious deterioration of U.S. fiscal health that markets have largely ignored.