Billionaire Ray Dalio has issued his starkest warning to date regarding the U.S. national debt, comparing the escalating crisis to an impending “economic heart attack.”
What Happened: Dalio urged the policymakers to return to the fiscal discipline last seen in the 1990s to avoid severe consequences. Dalio’s caution, conveyed through an X post and an interview with Fox Business, comes as the national debt approaches $37 trillion and the federal deficit continues to rise.
