Posted on 09/28/2023 12:36:07 PM PDT by RomanSoldier19
Ray Dalio believes the United States is going to have a debt crisis and is closely watching the "risky" fiscal situation, CNBC reported on Thursday, citing an interview with the billionaire investor.
"How fast it transpires, I think, is going to be a function of that supply-demand issue, so I'm watching that very closely," said Dalio, founder of hedge fund Bridgewater Associates, in the interview.
The country's debt has been under the spotlight in recent months after political brinkmanship around the debt limit earlier this year brought the U.S. close to a default.
(Excerpt) Read more at money.usnews.com ...
Nothing to worry about, we won’t run out of money, we can print all we need whenever we need it...
LOL-—that’s exactly what I was picturing in my head while reading the title!!!
Nothing to worry about, we won’t run out of money, we can print all we need whenever we need it...
Signed Mr Zimbabwe and Ms Weimar
bkmk
yeah but the LEFTIST media is going ballistic over a possible govt shutdown
not so much about the debt
“ How fast it transpires, I think…”
How’s it go? “Slowly, at first. Then, all of a sudden.”
We’ve long past the “going to” phase.
I read that s shutdown would cause another drop in one of our credit ratings.
No question in my view. It is coming. The only point of debate is, when.
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