Ray Dalio Warns of US Debt Crisis and Calls for Bipartisan Action
TL;DR Summary
Ray Dalio criticizes the US Congress for passing the 'Big Beautiful Bill,' a costly law that extends tax cuts but significantly increases national debt, warning it could lead to economic crisis due to unsustainable spending and political gridlock.
- Legendary fund manager has blunt message on 'Big Beautiful Bill' TheStreet
- Billionaire Ray Dalio warns of 'big, painful disruptions' after Congress passes Trump's spending bill Fox Business
- Transcript: Is the US heading for a debt crisis? Financial Times
- Ray Dalio Calls for Bipartisan Solution to Address US ‘Debt Bomb’ Bloomberg.com
- Novogratz Says Dalio's Warning Is Bullish for Bitcoin TradingView
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