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Barchart
Nash Riggins

Billionaires Like Ray Dalio Keep Sounding the Alarm on U.S. Debt. What Is Going on With the So-Called Debt Crisis?

Wall Street doesn’t always move in sync, and top money managers rarely see eye to eye when it comes to investment strategy. Yet despite those many differences, everybody in finance seems to agree on one key issue: America has gotten itself into a real debt crisis.

Last year, a lot of big names started grumbling as the national debt sailed past the $35 trillion mark. But fast-forward to 2025, and those grumbles have turned into a chorus of stark warnings. We’ve now surpassed $37 trillion, and nobody seems to be able to get a grip on the situation.

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