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.
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 ...
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 ...
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, ...