The founder of Bridgewater Associates, Ray Dalio, discusses the response to the American debt on “the countdown of the Claman”.
Billionaire Ray Dalio, founder of Bridgewater Associates, rings the alarm on chronic American expenses, national debt nearly 37 billions of dollars, Combined with a deficit of $ 2 billions that could ball with the “Big Beautiful Bill” by President Trump.
“We spend 40% more than what we take and it is a chronic problem” The Claman Countdown of Network “.
Almost a third of the national debt of 36 T $ must be refined because Trump requests rate reductions
Dalio has also described a path to relieve the Crunch of economic credit.
“We are at some point at this moment that, if we can, soon, very soon, while the economy is always good, reduces the deficit to 3% of GDP, which is possible. 3%.
Dalio on the United States: go bankrupt?
The founder of Bridgewater Associates, Ray Dalio, unpacking the potential impact of the conflict in the Middle East the markets on “the Clarman’s countdown”.
Can Trump shoot the president of Fed Powell?
The Congress Budget Office estimates Trump’s tax bill could lift the deficit to $ 2.77 billion. The White House has rejected the scoring and estimates of the CBO, saying that it does not take into account the income, including what the prices bring. Former Trump economic advisor Larry Kudlow, now a “Kudlow” host of Fox Business Network, “ Also stressed that the CBO is used to miss the brand and “sub-declared” the first round of Trump tax reductions in 2017 of 2.3 billions of dollars in the past seven years.
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The bill continues to make its way through the congress and should be on the office of the president by July 4.
