Ray Dalio Warns of US Debt Crisis Within Three Years

Bridgewater Associates founder Ray Dalio warns that the US is nearing the limits of its debt cycle, predicting a potential crisis within three years. He notes that spending is currently outpacing revenue, which could lead to significant instability. Dalio cautions that rising borrowing costs and weakening demand from key foreign buyers may first impact lower-income borrowers. He shared these insights during an interview with Haslinda Amin on the program Insight with Haslinda Amin via Bloomberg.