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Ray Dalio, founder of the LP Bridgewater Associates, speaks during Greenwich’s Economic Forum in Greenwich, Connecticut, USA, Tuesday, October 3, 2023.
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Bridgewater founder Ray Galio On Wednesday, they warned that a “very serious” problem at the request of the United States could lead to “shocking events”.
“The first thing-questioning debt, we have a very serious problem at the request of delivery,” said Dalio Sarah Eisen at CNBC Get off live in Singapore.
Dalio said that this would require a White House to sell the amount of debt. The world just doesn’t want to buy.
“This is a set of circumstances that are not good? This is the main value,” he said, adding that most people do not understand debt mechanics.
Dalio said the US deficit should move from the projected levels of 7.2% of the gross domestic product to approximately 3% of GDP.
“This is a big deal. You’re going to see shocking events in terms of how it is resolved,” he added.
His comments come against the background of tariffs In the last days riding on the American mountains for markets. The uncertainty of trade policy has added anxiety to Wall -Rate, and investors are concerned about the influence of the trade war on the world economy.
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