Dalio Warns: US Debt Crisis Looms

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Mondays

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Ray Dalio sounds the alarm on U.S. debt: Is America headed for a financial crisis? The legendary investor warns that massive U.S. debt, far outpacing revenue, could trigger a financial system shakeup and threaten the dollar's dominance. With a multi-trillion dollar gap between spending and income, Dalio questions if there's enough global demand to cover the debt, pushing investors toward gold and crypto as safe havens. Is this the end of the financial world as we know it? Hosted on Acast. See acast.com/privacy for more information.