🔴American billionaire Ray Dalio warned of the increasing danger of U.S. government debt, indicating that it will reach alarming levels by 2035 unless Washington moves quickly to reduce it, proposing a plan to lower this debt that many international institutions have warned about regarding its dangerous rise on the global economy.
📌The founder and former CEO of the giant hedge fund Bridgewater said in a post on his social media account X -formerly Twitter- "At the current rate, U.S. debt will reach 50 trillion dollars by 2035."
📌Dalio, author of the book (How Countries Go Bankrupt?), added: "How can we prevent the U.S. government from going bankrupt?" He commented, "In my opinion, the solution is to reduce U.S. debt to 3% of GDP to prevent any financial disaster that could occur in the future."
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