Dalio Warns of US Debt Crisis ‘Heart Attack’

“I can’t tell you exactly when it’ll come, it’s like the heart attack,”

“You’re getting closer. My guess would be three years, give or take a year, something like that.”

Dalio’s warning comes as Trump’s team is grappling with the twin goals of maintaining large tax breaks

while also reducing an annual deficit that most recently reached $1.8 trillion.

It also comes as Dalio promotes his latest book How Countries Go Broke,

in which he explains how debt cycles work and advocates for an immediate commitment to cut the US deficit to 3% of GDP.

Bloomberg 3 March 2025

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