| The US is approaching the end of the long debt cycle with 3 factors that can be combined to prevent the worse case scenario: 1) spending 2) taxes 3) interest rates Learn more about my proposed 3% solution to the US debt crisis here: https://economicprinciples.org/how-countries-go-broke #principes #howcountriesgobroke |
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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