Jamie Dimon believes U.S. debt is the 'most predictable crisis' in history-and experts say it could cost Americans their homes, spending power and national security

In the late 19th century Alexander Hamilton wrote “national debt, if it is not excessive, will be to us a national blessing.” A nice idea in theory, but America’s governments since then haven’t quite stuck to the plan. Instead, the U.S. economy is resting atop a public debt exceeding $34 trillion, with its debt-to-GDP ratio sitting at around 120%. Perhaps not the blessing the Founding Fathers had once envisioned. Now, alarm bells are beginning to ring with increasing frequency and volume. Jamie Dimon says Washington is facing a global market “rebellion” because of the tab it is racking up, while…