Dalio warns of US debt pile, and he wants Taylor Swift for president
New York | Ray Dalio, the billionaire founder of hedge fund giant Bridgewater Associates, has warned that the US government’s rising debt levels could hit Treasury bonds, arguing that investors should move some of their money to foreign markets.
In an interview with the Financial Times, Mr Dalio described his wide-ranging concerns about the US, including its debt load, the risk of what he calls a “civil war”, and the potential for the country to become involved in another international conflict, which he warned could deter foreign investors from buying US bonds.
Financial Times
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In North America
Fetching latest articles