Bridgewater Associates founder Ray Dalio issued stark warnings about the U.S. economy’s mounting debt burden, comparing the fiscal strain to arterial blockage that could trigger a financial “heart attack.”
Debt Crisis Threatens Economic Stability
Speaking at an Abu Dhabi Finance Week launch event, Dalio warned that escalating debt service costs are “squeezing out other spending” and building up like plaque in a clogged circulatory system, reported Reuters. “A doctor would warn of a heart attack,” the billionaire investor cautioned.
The U.S. national debt has surpassed $37 trillion, with Moody’s projecting the debt-to-GDP ratio to climb from nearly 100% in 2025 to approximately 130% by 2035. Moody’s downgraded the …