the National debt The United States recently expressed concern Threshold of $33 billion.
Famous investor Ray Dalio Beware of unstable Tax status United States, expecting this to happen Debt crisis in the country. Dalio, founder bridgewater associates, The world’s largest hedge fund recently expressed its concerns during a fireside chat at the Managed Funds Association, The Moguldom Nation reported.
““We are going to have a debt crisis in this country.”Dalio said during his interview with CNBC’s Sarah Eisen. He highlighted the critical role of supply and demand dynamics in determining the speed at which this crisis unfolds. He indicated that he is closely monitoring the situation as it develops.
the National debt The United States recently expressed concern Threshold of $33 billion.
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Why has US debt increased?
The increase in US debt This has been particularly evident in recent years, driven primarily by a significant increase in federal spending between fiscal year 2019 and fiscal year 2021, according to the U.S. Treasury Department. However, Dalio’s concerns go beyond High debt levels. He considers the possibility of economic growth stagnating at levels close to zero.
“I think we will have it slowing down “The economy,” Dalio said. He added that the United States is at the beginning of a “large-cycle, late-stage debt crisis.”
This would lead to slowing down Alarming for American economy.
Dalio has often commented that the American economy, especially its reliance on capitalism, needs to be revamped. “We are going to have a debt crisis in this country,” Dalio warned. “I think how quickly that happens will depend on a supply and demand issue, so I’m watching it closely.”
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