The country’s growth is at risk of falling to zero, Ray Dalio claims A US debt crisis is looming as the American economy is facing a “risky” fiscal situation, according to the founder of the world’s largest hedge fund, Bridgewater Associates, Ray Dalio. Dalio’s warning comes as the country’s national debt topped $33 trillion this month. US lawmakers are currently negotiating a spending bill before the October 1 deadline. “We’re going to have a debt crisis in this country,” Dalio told CNBC in an interview that aired Thursday. “How fast it transpires, I think, is going to be a function of that supply-demand issue, s
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