Ray Dalio, founder of Bridgewater Associates, discussed the US debt response to ‘The Claman Countdown’.
Congress officially passed President Donald Trump’s “Big, Beautiful Bills,” and billionaire Ray Dalo are warning about possible economic results, including cost cuts, major tax growth and large -scale money printing.
Dalio, the founder of Dalio, Dalio, Dalio, Dalio, BridgeWater Associates, Dalio wrote X,
Dalio Bill saidWhich is now the head of the President’s desk to be signed in the law, resulting in an expense of approximately $ 7 trillion to result in an annual deficit of $ 2 trillion with a revenue of approximately $ 5 trillion.
This deficit will increase national debt in the next decade, further the loan, currently equal to about $ 230,000 per. American familyFor approximately $ 425,000 per family, he warned.
The US led to the ‘economic heart attack’ on government loans, spends the spent billionaire
Mentor Ray Delio, founder and CIO of Bridgewater Associates, speaks on stage in New York City on 22 May, 2024 during the 2024 of Wall Street Journal. (Diya Deepasupil / Getty Image / Getty Image)
Paying this loan will also become rapidly expensive. Interest on loans and major payments will grow by about $ 10 trillion, $ 1 trillion, of which interest is, approximately $ 18 trillion, $ 2 trillion, of which will have interest. This will either be spent, “unimaginable” tax hike Or a lot “printing and devaluation of money and pushing interest rates ugly low levels,” he said.
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“This is not good for those holding bonds in the form of a store of printing and devaluation money, and what is bad for bonds and US credit markets, is bad for all, because the American Treasury market is the backbone of all capital markets, which are backbones of our economic and social conditions,” said Dalio.
House Mike Johnson, R-La. The speaker of the house, the House majority whip Tom Emper, R-Mine, and the House Republican Conference Chairman Lisa McClen, shake hands with R-Miche. (Kevin Dietsch / Getty Image / Getty Images)
Last month, Dalio similarly played an alarm on the old cost of the US on the “The Claman Countdown” of the Fox Business Network, saying that the US is “leading for a”.Economic heart attack,
“We are spending 40% more, and this is an old problem.” “So, what you are seeing is the loan service, which is not far, not in the beginning, starting to squeeze well. Therefore, it is like a plaque in the arteries that is squeezing the power to buy power. And, as you can do numbers, you will see that you can see an economic heart attack as that result.”
President Donald Trump pumped his fist, as he climbs the Air Force one at Morristown Municipal Airport in Morristown, NJ on 21 June 2025. (Via Mandel Engan / AFP Getty Image / Getty Image)
On Thursday afternoon, the Congress passed Trump’s “Big, Beautiful Bill” after the back-to-back sleepless sessions for both the House and the Senate. The bill, which forwards Trump’s policies on taxes, boundaries, defense, energy and national loans, mostly passed the House of Representatives in party-line votes.
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All but two House Republican, Thomas Masi, R-K., and Brian Fitzpatric, R-P., voted for the bill, which passed from 218–214.
