Unlock Your Business's Profit Potential with the Momentum-Maker Mastermind

If you are a small business owner who wants to take your business to the next level, increase your impact, and income… Join our Next "Momentum-Maker" LIVE Session FREE

The Next Live Session is on: March 8th @9:45 AM (Pacific Time)

Our Services

Kirk Jaffe Enterprises, Inc. has multiple services for home buyers and business owners.

Make us your preferred solution for home and commercial real estate.

MORTGAGE LENDING

We offer the most competitive rates and excellent service beyond closing. Guaranteed! PRO.

REAL ESTATE AND PROFESSIONAL CONSULTING

We offer guidance to real estate professionals, tax professionals, lawyers, and CPA's.

BUSINESS CONSULTING

Are you ready to grow your business to
the next level and beyond. Kirk has helped hundreds of businesses and
can help you get there faster.

INVESTMENT ASSISTANCE

Our proven track record in solid investments has help hundreds and could help you too. Ask us how!

FIND OUT WHY KIRK JAFFE IS THE BEST CHOICE FOR LOANS AND HELPING BUSINESSES GROW!

Kirk Jaffe, CEO/Founder – Executive Management of $200MM private investment fund including Mortgage Notes, Real Estate Owned (REO) and Commercial Property Holdings. He has overseen and held executive authority of over 20,000 real estate transactions in his 20-year real estate career including buying and selling of property, foreclosure, short sale, loan modification, rehabilitation of property with an aggregate over $1 Billion value. Kirk has also originated over $ 1 Billion of new Mortgages.

Kirk is the past President of the Universal City/North Hollywood Chamber of Commerce as well as a former co-chair of the ALFN Commercial Practices Committee. He is active as a speaker and moderator of several trade organizations including the CA Mortgage Bankers Association (CMBA), Mortgage Banking Association (MBA), and the Attorney Legal Financial Network (ALFN). Mr. Jaffe is quoted or has been a guest of several media outlets including: KABC790 Talk Radio, NBC and the Los Angeles Daily News to name a few.

Kirk Has Appeared On:

How Can We Help

You Today?

Start Quote

Change Plan

Contact

Let Us Know What You Need!

We custom fit every service to your personal business needs. Whatever it is, we have a solution. Just click the button below to get assistance today!

If you're looking for a firm who can help you with not just your mortgage, but help you GROW YOUR BUSINESS FAST... you're where you should be!

  • MORTGAGE LENDING
    We offer Custom Tailored mortgages for Home or Business!

  • BUSINESS CONSULTING

    Grow your business FAST with our Business Consulting Services!

  • INVESTMENT CONSULTING - REAL ESTATE ASSETS
    Our win/win approach to investing has helped hundreds. FIND OUT MORE!

  • REAL ESTATE PROFESSIONALS
    If you are a real estate professional and are ready to work with a partner with years of experience, you're in the right place.

  • CPAS, ATTORNEYS, AND INSURANCE PROFESSIONALS
    If you have questions about the potential legal implications of real estate transactions for your clients, Kirk Jaffe has the answers!

1 / 5
2 / 5
3 / 5
4 / 5
5 / 5

WHAT OUR CLIENTS HAVE TO SAY

“What a GREAT guy Kirk is! I highly recommend him and his services all the time and for my own home loan needs. Why would I say that as a Broker myself? Well as a Buyer and a Broker I cannot have my hand into many aspects of the transaction, so I trust Kirk with my financing needs he has yet to let me down! "

Steve Duncan

"Kirk is my go-to lender. He has worked many “miracle situations” and provides top notch service from start to finish...."

Jeff J. Grice

"I have known Kirk Jaffe for many years. Kirk has a stellar reputation. You can see his reviews by going to www.mycity.com/profile/kirk-jaffe."

Bob Friedenthal

"When I need any information regarding the Real Estate Financing space for a client, my first call is to Kirk Jaffe. He is knowledgeable, professional, and experienced. He stays on top of cases and follows up with clients. He is a true asset to my business."

Bruce Fine

"Kirk works hard and well day and night, a kind person and gets it done fast!"

Melissa Oppenheimer

"Kirk did a fabulous job. He walked me thru the process and it was incredibly easy compared to other mortgages I've done. Thanks to Kirk, my house closed in under 21 days, and he got me a great interest rate."

CHARLIE JEWETT

WHY WORK WITH KIRK JAFFE ENTERPRISES, INC?

Because we offer the best service at affordable rates and will help your company grow faster! Click the button or
CALL US AT (775) 415 - KIRK (5475)

blog image

Jamie Dimon says Washington faces a global market ‘rebellion’ over record U.S. debt: ‘It is a cliff…we’re going 60 mph towards it’

January 31, 20244 min read

The global economy is approaching the point of no return courtesy of mounting government debt, believes JPMorgan Chase CEO Jamie Dimon, and it will lead to a massive falling-out of markets and federal institutions.

Currently the American national debt stands at $34.14 trillion—about $100,000 for every person in the U.S.—with the debt ceiling currently suspended until 2025 courtesy of a deal passed in the summer of 2023.

And although some of the shorter-term economic signals are flashing green—inflation is coming down, the Fed may by eyeing rate cuts, and employment is staying stable—the boss of America’s biggest bank isn’t convinced there isn’t a major red flag up ahead.

Speaking on a panel alongside former Speaker of the House Paul Ryan at the Bipartisan Policy Center last week, Dimon said the American government is facing a “hockey stick” effect when it comes to government debt.

He drew on the comparison of the 1980s for context, explaining that in 1982 unemployment was at around 10% while the stock market had sat stagnant for 15 to 20 years. Even with the Vietnam War, America’s debt-to-GDP ratio was around 35%, Dimon said, whereas today it sits at 100%.

“Back then the deficit during a recession—you do spend money in a recession—was 4% or 5%; today it’s 6.5% in a boom time,” Dimon continued.

He added: “If you look at that 100% debt to GDP by [2035] I think it’s going to be 130%, and it’s a hockey stick. That hockey stick doesn’t start yet but when it starts, markets around the world…there will be a rebellion.”

Dimon’s hockey stick scenario could occur as the American government faces higher charges to service increasing levels of debt, potentially in an economy that many are predicting will enter a slow or no-growth era.

This isn’t just bad news for the home of the brave. America’s ability to pay its debts is a concern for the nations around the world that own a $7.6 trillion chunk of the funds. The nations most exposed are Japan, which owned $1.1 trillion as of November 2023, China ($782 billion), the U.K. ($716 billion), Luxembourg ($371 billion), and Canada ($321 billion).

Charging headfirst into a global fistfight with domestic and international markets is the “worst possible way to do it,” Dimon added, saying: “It is a cliff. We see the cliff. It’s about 10 years out.”

Ryan chimed in that the debt spiral is the “most predictable crisis we’ve ever had,” with Dimon agreeing.

‘This is about the security of the world’

The banking boss, who was paid $36 million for his work in 2023, added his warning goes beyond financial industry ramifications.

Throughout the past year Dimon has been sounding the alarm on increasing geopolitical tensions, namely the Israel-Hamas conflict and Russia’s invasion of Ukraine.

“This is about the security of the world,” 67-year-old Dimon added. “We need a stronger military, we need a stronger America. We need it now. So I put this as a risky thing for all of us.” On Dimon’s point, Republican politician Ryan later added he believes “in five years we’re going to be paying more in interest than we will be at the Pentagon.”

The event in Washington, D.C., spanned a wide range of topics, including the balance of equality, with Dimon admitting he’d tax the rich more in order to support the poor. He described the idea “as much of a no-brainer policy as I have ever seen.”

The businessman, who was lauded for his purchase of First Republic Bank last year following the regional banking crisis, made it clear he is in favor of the public and private sector working together more collaboratively on policy and decision making.

With private sector contracts supporting the military and private sector jobs making up 80% of America’s payroll, this makes sense, he added. But despite succession noise at JPMorgan ramping up following a reshuffle of top executives at the financial institution, Dimon took the chance to shut down rumors he may swap the boardroom for the Oval Office.

“I think government departments should tell the public, ‘You gave me $50 billion. I said I was going to do X, here’s what I did,” Dimon said, before Ryan pushed back, noting government doesn’t work that way.

“I’m staying at JPMorgan for now,” Dimon joked in response.

©FORTUNE

Government Debt CrisisJPMorgan Chase CEO Jamie DimonNational DebtDebt Ceiling 2025Economic SignalsFederal InstitutionsAmerican Economy

Kirk Jaffe

Back to Blog

Connect With US

CONTACT US TODAY

Need to reach us? Send us an email or give us a call today.


Kirk Jaffe Enterprises, Inc.

195 Highway 50, Ste 104-476

Stateline, NV 89449


Copyright 2024 Kirk Jaffe Enterprises All Rights Reserved