Bridgewater Associates Founder Ray Dalio warns that the US is approaching the limits of its debt cycle, predicting a potential crisis within three years as spending outpaces revenue. He cautions that rising borrowing costs and weakening demand from k...
Bridgewater Associates Founder Ray Dalio warns that the US is approaching the limits of its debt cycle, predicting a potential crisis within three years as spending outpaces revenue. He cautions that rising borrowing costs and weakening demand from key foreign buyers may squeeze lower-income borrowers first. (Source: Bloomberg)
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Bloomberg — Markets (EN)