Investing legend Ray Dalio is warning that the United States is at a point where its enormous debt could become out of control.
In a new CNBC interview, the billionaire says that the country is not generating enough revenue to meet financial obligations.
“The longer term is that we are at a point in which we are borrowing money to pay debt service. And there is a process by which when you keep having debt growth faster than income growth, then that means you have debt service encroaching on…
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