Bridgewater founder Ray Dalio warns of UK ‘debt death spiral’
- Ray Dalio, founder of Bridgewater Associates, warned that the United States could 'go broke' due to mounting government debt problems.
- Interest payments on U.S. Debt exceeded $892 billion in fiscal year 2024, as U.S. Debt surpassed $36 trillion.
- Scott Bessent, President-elect Donald Trump's Treasury pick, emphasized the importance of maintaining the U.S. Dollar's status as the world's reserve currency.
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