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Billionaire Ray Dalio Raises Alarm on U.S. Debt Crisis: ‘Borrowing to Pay Debt Service’ Could Accelerate Economic Challenges

In a sobering assessment of America’s fiscal situation, billionaire Ray Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, has raised concerns over the rapidly escalating national debt, which is nearing a staggering $33.74 trillion. Speaking to CNBC, Dalio highlighted a troubling cycle in the U.S. economy: the country is increasingly borrowing money […]

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