Ray Dalio Warns of US Economic Challenges Due to Growing Debt

Renowned financier Ray Dalio, founder of Bridgewater Associates, has issued a sobering warning about the United States’ economic outlook. In an interview with CNBC, Dalio highlighted his concerns regarding the nation’s fiscal health and the potential ramifications of excessive debt accumulation. He compared the US economy to a circulatory system where credit plays a crucial role in supporting individuals and businesses, but warns that mismanaged credit can lead to a rising debt burden.