Dalio Warns of Looming US Debt Crisis as Borrowing Tops $33 Trillion

Ray Dalio says the U.S. is going to have a debt crisis
U.S. debt levels surpassed $33 trillion for the first time this month
Dalio is watching the "risky" U.S. fiscal situation closely
Dalio is concerned about slowing economic growth and rising interest rates
Dalio predicts a "meaningful slowing of the economy" and possible recession

cnbc.com

Relevant topic timeline:

8/26/2023

Billionaire Ray Dalio says India’s moon landing is another sign of its ‘ascendence’—and predicts stellar growth for its economy

Billionaire Ray Dalio sees India as a promising investment opportunity due to its recent successful moon landing and projected 7% growth rate, describing it as having the right potential and leadership for growth similar to China in the 1980s. Dalio believes Indian prime minister Narendra Modi has the capacity to influence the world order. On the other hand, Dalio has become less optimistic about China and suggests a massive debt restructuring is needed. Other notable figures, such as Tesla CEO Elon Musk and Goldman Sachs, also express confidence in India's economic prospects.

9/15/2023

Dalio Advises Holding Cash Over Bonds, Diversifying Investments, and Using New Tech to Pick Assets

Billionaire investor Ray Dalio prefers to hold cash instead of bonds due to concerns over rising interest rates and inflation levels.

9/18/2023

Dalio Lauds Modi as India's Deng Xiaoping, Sees High Growth Potential Despite Minor Issues

American investor Ray Dalio expressed his bullish outlook on India's economic potential, comparing Prime Minister Narendra Modi to Chinese revolutionary Deng Xiaoping as a driving force behind the country's development.

9/18/2023

Dalio: AI Could Enable 3-Day Workweek But Also Risks Widening Inequality Without Reform

The world is on the verge of major disruptions, including the rise of AI, which could lead to a shorter workweek but also widen the wealth gap, warns hedge fund founder Ray Dalio. He calls for policymakers to ensure that the benefits of AI are shared equitably and advocates for bipartisan reforms to address wealth inequality. Dalio advises investors to look beyond technology creators and focus on those using new technologies effectively. He also suggests temporarily holding cash due to uncertainties in the debt market.

9/19/2023

5 Investment Tips: Focus on Stocks in Americas and Japan, Diversify Across Assets, Invest in Disruptive Tech

Billionaire Ray Dalio recommends investors focus on the right geographic markets, diversify their investments, watch out for disruptions, and invest in asset classes creating new technologies, while avoiding bonds.

10/5/2023

Dalio: Treasury Yields Could Surge Over 5%, Hurting Stocks and Forcing Higher Rates

Ray Dalio predicts that the 10-Year Treasury yield could rise to over 5%, causing more pain for the stock market, and advises including exposure to foreign currencies and assets in a diversified portfolio.

10/9/2023

Dalio Tempers Cash is Trash View, Now Sees Cash as Relatively Attractive

Billionaire investor Ray Dalio believes that cash is now a "relatively attractive asset class" due to changing financial conditions and a potential 1.5% real return, contradicting his previous claim that "cash is trash."

10/10/2023

Billionaire Ray Dalio Foresees Fed Resorting to Money Printing to Cover Losses from High Rates

Billionaire investor Ray Dalio believes that central banks around the world, including the Federal Reserve, are losing money due to the high-interest rate environment and will eventually have to resort to money printing to cover their losses.