Bridgewater founder warns: The US debt crisis threatens the monetary system

Jin10 data reported on September 19, Bridgewater Fund founder Ray Dalio stated that the continuous accumulation of U.S. government debt is putting the monetary system at risk. Dalio said on Friday: “We are witnessing the threats to monetary order, and combined with other factors, this will determine whether it signifies the end of the entire American empire.” The hedge fund giant pointed out that there is currently 30% over-expenditure in the U.S., requiring the sale of $12 trillion in debt. “The global market lacks equivalent demand for such debt, which will create an imbalance between supply and demand,” he attributed the uncontrolled credit to “human nature.”