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Global investment bank JPMorgan has sent out a warning signal, likening the ballooning $34 trillion U.S. national debt to a ‘boiling frog’ situation, which could potentially lead to an unmanageable financial crisis. What Happened: The U.S. national debt has hit a new high of $34 trillion, stoking fears of a ‘boiling frog’ scenario. JPMorgan suggests that this burgeoning debt issue, exacerbated by the government’s record borrowing, could result in an insurmountable financial crisis if left unchecked, according to a report by Business Insider. A situation akin to a boiling frog occurs when indiv…

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