US EditionRay Dalio Believes America’s ‘Debt-Induced Heart Attack’ Will Happen Under Trump 2.0—and No One’s Brave Enough to Stop It
Ray Dalio warns US national debt at $37.3 trillion with annual costs over $1 trillion, predicting a debt crisis within three years amid political instability and Federal Reserve independence threats.
10 Articles
10 Articles
US sovereign debt is heading towards an all-time high. hedge fund billionaire Ray Dalio expects a financial crisis in the US.
Donald Trump's fiscal policy is driving the US straight into a financial crash. In just three years, the US is facing a financial heart attack. This gloomy forecast comes from Ray Dalio, the man who saw the financial crisis coming in 2008.
Hedge fund billionaire warns Trump budget 'will cause a debt-induced heart attack'
During the Great Depression of the 1930s, President Franklin Delano Roosevelt argued that severe wealth inequality was not only bad for the poor, but also, for the rich. FDR repeatedly told Wall Street that a country with a strong safety net was beneficial for them — as a stable country would be less likely to turn to political extremes like far-right fascism and far-left communism. Many years later, inequality remains a major problem in the Uni…
Ray Dalio believes America’s ‘debt-induced heart attack’ will happen under Trump 2.0—and no one’s brave enough to stop it
“I think that what is happening now politically and socially is analogous to what happened around the world in the 1930 to ’40 period,” he said.
There are few more influential Americans who openly criticise US President Donald Trump. Hedge fund manager Ray Dalio is one of them. He predicts a "indebted heart attack" in the near future.
Hedge fund manager Ray Dalio sees the US on its way to an autocracy – and the world slip towards a global debt crisis. Selling off the bond markets suggests there's something about his warning
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