Ray Dalio Predicts a 'Debt‑Induced Economic Heart‑Attack' Within 3 Years —Likens U.S. Deficit to Lifetime of 'Overeating Fatty Foods And Smoking'

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If anyone knows how to forecast a financial meltdown with the calm of a weatherman calling for rain, it's Ray Dalio.

The billionaire investor and founder of Bridgewater Associates—one of the world's largest hedge funds—isn't known for social-media spats. But when the Financial Times ran what he called a "mischaracterization" of what he said, Dalio didn't hold back. He posted the full Q&A on Sept. 2 in a post on X.