What happens when debt grows faster than income? Ray Dalio explains
New Delhi, May 29 -- Billionaire investor and hedge fund veteran Ray Dalio has raised concerns over the growing debt burden in the United States, warning that excessive borrowing and rising debt servicing costs could eventually squeeze economic growth.
In a video clip from a recent podcast shared on X (formerly Twitter), Dalio compared a country's finances to that of a company or an individual, arguing that the fundamentals of economics remain largely similar - with one crucial exception: governments have the power to print money.
"The economics of a country are basically the same as the economics of a company or an individual, except the government has an ability to print money," Dalio said.
Posting the video on X, Dalio wrote, "When ...
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