Ray Dalio thinks the U.S. is courting a debt crisis. Are regulators moving fast enough to avert it?
From Market Watch — Oct 14th, 2023
As rising interest rates weigh on the U.S. economy, investors are increasingly wary of buying U.S. Treasurys, despite yields not seen in over a generation. “We’re going to have a debt crisis in this country,” billionaire investor Ray Dalio warned. Henrietta Treyz, Director of Economic Policy at Veda Partners, added that policymakers face difficult choices ahead, balancing debt sustainability with economic growth.
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