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Ray Dalio just joined the list of billionaires sounding the alarm on the US economy

Summary by CNN

The US is at a low risk of an imminent debt crisis — but high risk in the long term, billionaire investor Ray Dalio writes in a new book.

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Why Billionaire Ray Dalio Is Warning About a Potential Economic ‘Death Spiral’

Dalio is joining a growing chorus of financial experts raising alarms about growing government debt and what it could mean for the economy.

2 days ago

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Billionaire Ray Dalio Issues Warning About the US Economy

By John Towfighi The United States is at low risk of an imminent debt crisis, but at high risk in the long term, billionaire investor Ray Dalio said in his new book. The U.S. government debt situation is “reaching the point of no return” and approaching a “death spiral” that could threaten the stability of the world’s largest economy, he writes in the book “How Countries Go Broke: The Big Cycle,” published Tuesday. Some economists and investors …

2 days ago·Idaho Falls, United States

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