Ray Dalio Warns US Debt and Inequality Threaten Global Power and Stability
TL;DR Summary
Ray Dalio warns that the US's inability to curb its rising debt and ongoing fiscal deficits threaten the stability of its monetary order and global economic dominance, with concerns about the sustainability of US debt and the potential decline of the dollar's supremacy, amid broader issues faced by other major economies.
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- “More than conceivable” that US could lose global power: Ray Dalio Vulcan Post
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