| This year, the US will spend 40% more than it’s taking in. This number is increasing each year — and our debt plays a major role. This is a big problem, especially because cutting our spending is a difficult political issue. And as we continue to add to the debt, the supply-demand picture worsens. I fear that we are approaching the point where we won’t be able to rectify it. @TheProfGPod |
Raymond Thomas Dalio is an American billionaire hedge fund manager and philanthropist who has served as co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. Within ten years, it was infused with a US$5 million investment from the World Bank's retirement fund.
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If you’re worried, you don’t need to worry — and if you’re not worried, you need to worry.
2025-10-10
One of my principles is that if you’re worried, you don’t need to worry — and if you’re not worried, you need to worry.
That’s because worrying about what can go wrong will protect you and not worrying about what can go wrong will leave you exposed.
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