Billionaire investor warns of surging debt, says ‘civil war’ developing in US
Billionaire Ray Dalio warned that the U.S. government’s surging debt and “irreconcilable differences” in the country are creating a worrying financial and political environment. In a Bloomberg TV interview that aired Friday, the founder of investment management firm Bridgewater Associates said the U.S. government’s debt is rising too quickly, creating a period similar to the…
