An American Billionaire Predicted a Imminent Debt Crisis in the United States

Ray Dalio Warns of US Debt Crisis Within Three Years

An American billionaire predicted a imminent debt crisis in the United States

Washington has about three years left to avoid a debt crisis, according to American billionaire Ray Dalio. The founder of the major investment fund Bridgewater attributes the threat to the US government's habit of overusing the...

Ray Dalio Just Put a Three-Year Clock on a US Debt Crisis

Bridgewater Associates founder Ray Dalio told Bloomberg on Oct. 6 that the U.S. could face a debt crisis within three years as interest payments crowd out the rest of the federal budget. The Clock Has Not Moved, but the Bond Market Has The billionaire macro investor believes that U.S. debt service payments are squeezing out […]

Ray Dalio Warns of US Debt Crisis Within 3 Years

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Bridgewater Founder Warns U.S. Debt Crisis Could Erupt Within Three Years

Debt-service costs are crowding out other U.S. spending, the warning said.