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Benzinga
Benzinga
Business
Rishabh Mishra

Ray Dalio Warns Of Looming Squeeze: Government Debt Is 'Like Plaque In The Arteries' Of Global Economy

Dollars,In,A,Man's,Hand,On,The,Background,Federal,Reserve

Billionaire investor and Bridgewater Associates founder Ray Dalio has issued a stark warning about the health of the global economy, comparing government debt to a medical condition.

Speaking in a podcast from his research vessel OceanX, Dalio cautioned that rising debt service costs are creating a "looming squeeze" on the financial system.

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