Business and Finance Business and Finance
Sun, March 16, 2025
[ Yesterday Morning ] - CNN
SpaceX's Crew-10 arrives at the ISS, paving the way for NASA's Wilmore and Williams to return home
[ Yesterday Morning ] - PCMag
OpenAI Says China Could 'Compel' DeepSeek to Cause Harm, Calls for Ban
[ Yesterday Morning ] - bolavip
NFL News: AJ Dillon makes something clear to Saquon Barkley about the Eagles' RB1 role
[ Yesterday Morning ] - Mint
Did JD Vance 'humiliate' Indian-origin wife Usha Chilukuri? 'Feel sad for her', say netizens
[ Yesterday Morning ] - MovieWeb
'Single White Female's Jenna Ortega Casting Gets Backlash Online
[ Yesterday Morning ] - CNN
Missing but not forgotten: How Ukrainians are sea .. e missing in war using AI and an army of families
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Kanye West Drops New Song Apparently Featuring Di .. om Prison), North West and Christian 'King' Combs
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The Best Time to Take Collagen Supplements for Maximum Absorption, According to Dietitians
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Analyst says Cardano (ADA) price will see 500% ra .. and Mutuum Finance (MUTM) will move 22,220% to $5
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Inside Jake Carter and Karen Byrne's relationship as they prepare to waltz up the aisle
[ Yesterday Morning ] - Mint
Meryl Streep dating Martin Short? A sneak-peek in .. 'year' long romance of longtime Hollywood friends
Sat, March 15, 2025
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Ray Dalio Has A Chilling Warning For President Tr .. Imminent, And An Issue Of 'Paramount Importance'

Ray Dalio Has A Chilling Warning For President Trump: Debt Crisis Is Imminent, And An Issue Of 'Paramount Importance'


Published on 2025-03-15 03:41:01 - Benzinga
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  • Ray Dalio, founder of Bridgewater Associates, has raised alarms about the United States' national debt, predicting an imminent crisis. What Happened: According to a report by Fortune, Dalio expressed his concerns during his speech at the CONVERGE LIVE event in Singapore on Thursday.

Ray Dalio, the billionaire founder of Bridgewater Associates, has issued a stark warning about the looming threat of a debt crisis in the United States, emphasizing its potential to become a critical issue during President Trump's term. In an interview, Dalio highlighted the unsustainable trajectory of the U.S. national debt, which has escalated due to persistent budget deficits and rising interest rates. He pointed out that the increasing cost of servicing this debt could lead to a financial crisis if not addressed promptly. Dalio stressed the importance of managing this debt through fiscal policy adjustments, suggesting that failure to do so could result in severe economic repercussions, including higher borrowing costs, reduced economic growth, and potential defaults. His comments underscore the urgency for policymakers to tackle this "paramount importance" issue to prevent an economic catastrophe.

Read the Full Benzinga Article at:
[ https://www.msn.com/en-us/money/economy/ray-dalio-has-a-chilling-warning-for-president-trump-debt-crisis-is-imminent-and-an-issue-of-paramount-importance/ar-AA1AXIqz ]