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The founder of Bridgewater warns that the US debt crisis threatens the monetary system

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2025-09-19 06:47:56
Ray Dalio, founder of Bridgewater, said the continuing build-up of US government debt was putting the monetary system at risk. "We are witnessing a threat to the monetary order that, combined with other factors, will determine whether or not it heralds the end of the entire American empire," Mr. Dalio said on Friday. The hedge fund magnate pointed to a 30 per cent overspending in the US that required the sale of $12 trillion of debt. "There is no equivalent demand for this kind of debt in the global market, which will create an imbalance between supply and demand," he said, attributing the runaway credit to "human nature". (Jin Ten)
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