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Dalio Warns $36 Trillion Debt Is a Ticking Time Bomb

2/16/2025

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Summary

Story summary

Hedge fund mogul Ray Dalio sounded the alarm on the staggering U.S. national debt of $36.22 trillion, calling it a ticking time bomb for the economy. He urged the Trump administration to slash the budget deficit from 7.5% to 3% of GDP, warning that without disciplined financial management, the nation could spiral into a devastating "debt death spiral."

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Story summary

Hedge fund mogul Ray Dalio sounded the alarm on the staggering U.S. national debt of $36.22 trillion, calling it a ticking time bomb for the economy. He urged the Trump administration to slash the budget deficit from 7.5% to 3% of GDP, warning that without disciplined financial management, the nation could spiral into a devastating "debt death spiral."