In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.

Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.

Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of dire consequences if debt is not significantly cut. He stressed that governments are responsible, and that ...

Ray Dalio, billionaire and founder of Bridgewater Associates LP, during an interview at the World Economic Forum in Davos, Switzerland, on Wednesday, Jan. 22, 2025. Credit - Chris Ratcliffe ...

DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of dire consequences if the Trump administration does not cut the country’s debt.

The budget deficit should be cut to 3% of GDP from what it is currently projected to be (about 6% of GDP), and these cuts can come from 3 sources (spending cuts, tax increases, and interest rate ...

The budget deficit should be cut to 3% of GDP from what it is currently projected to be (about 6% of GDP), and these cuts can come from 3 sources (spending cuts, tax increases, and interest rate cuts, ...