Dalio: U.S. government debt is growing too fast, situation comparable to pre-World War II
Jinse Finance reported that Ray Dalio, founder of Bridgewater Associates, has once again issued a warning, stating that the U.S. government debt is growing too rapidly and that the current situation is "very similar to the years before World War II." Dalio noted that when debt continues to rise relative to income, "it's like plaque in an artery, eventually squeezing out the room for (economic) spending."
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