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Debt Plaque Threatens Economy, Experts Warn 120% GDP Growth

6/10/2026

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Summary

Story summary

Ray Dalio, Bridgewater founder, warned that rising debt and borrowing costs strain system, likening debt to plaque that clogs and squeezes out spending.
Mohamed A. El-Erian warned a debt and borrowing gap could trigger a yield loop.
Steve Hanke warned Hormuz tensions could spark oil shocks raising costs and spreading inflation.
Debt stands at $31 trillion (100 % of GDP) and may rise to 120 % of GDP by 2036 with interest costs over $2.1 trillion.

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Story summary

Ray Dalio, Bridgewater founder, warned that rising debt and borrowing costs strain system, likening debt to plaque that clogs and squeezes out spending.
Mohamed A. El-Erian warned a debt and borrowing gap could trigger a yield loop.
Steve Hanke warned Hormuz tensions could spark oil shocks raising costs and spreading inflation.
Debt stands at $31 trillion (100 % of GDP) and may rise to 120 % of GDP by 2036 with interest costs over $2.1 trillion.