Ray Dalio warns U.S. could face a debt-crisis ‘heart attack’ within three years

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“When you reach the part of the cycle that you have to borrow money to pay debt service, and the holders of those bonds say it’s a risky situation — in the private debt market, we call that the debt death spiral,” Dalio said.

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Ray Dalio warns U.S. could face a debt-crisis ‘heart attack’ within three years

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