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 […]

via Shiraz Jagati