Ray Dalio Warns of Potential U.S. “Debt-Induced Heart Attack” Within Three Years

Billionaire investor Ray Dalio cautions that rising national debt could trigger a severe economic crisis in the near term.

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Terms & Concepts
  • National Debt: The total amount of money that a country's government has borrowed, typically through the issuance of securities, which must be repaid with interest.
  • Economic Crisis: A period of economic downturn marked by declining GDP, financial instability, and reduced consumer confidence.
  • Debt-Induced Heart Attack: A metaphor used to describe a sudden and severe economic collapse caused by excessive government debt levels.