Billionaire Dalio Warns of US Debt Crisis, Bond Market Imbalance

Ray Dalio warns of a significant debt burden and escalating costs of servicing in the US economy, likening it to a circulatory system where credit is distributed and must be used productively to avoid slowing down the economy and negatively impacting the bond market. Dalio's analysis highlights the long-term risk of rising debt and interest costs, with debt service projected to reach $10 trillion in 2023, double the expected revenue.