Iconic investor Ray Dalio says the US government is headed toward a "debt death spiral" due to chronically large deficits.
Dalio predicts that if President Donald Trump ‘s tax cuts persist, the U.S. will run a deficit of about 7.5% of GDP. He urged ...
Billionaire investor Ray Dalio warned the US has three years to reduce its fiscal deficit or risk a debt crisis. The national ...
Minnesota legislature is looking to expand a bill that would help alleviate stress and financial burden due to medical debt.
The U.S. must slash its deficit to 3% from an expected 7.5% before the president’s second term in office ends, otherwise a ...
Hot inflation & rising Treasury yields threaten stocks. Will the Fed cut rates in 2025, or is a market sell-off ahead? Key risks & insights for traders.
Hedge fund manager Ray Dalio has warned that the United States is on the brink of a financial disaster, and unless drastic ...
Ray Dalio, Bridgewater founder, says the U.S. economy is heading for a "debt death spiral" unless the Trump Administration takes urgent action to cut the deficit. He also called for a "fiscal ...
Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.
It is not countries, but governments, which overborrow and go broke. The debtor is the government. The government is quite distinct from the country.