Ray Dalio, Bridgewater founder, says the U.S. economy is heading for a "debt death spiral" unless the Trump Administration takes urgent action to cut the deficit. He also called for a "fiscal ...

UK faces debt crisis, increasing deficits and dwindling tax base. Ray Dalio warns of a self-reinforcing cycle of economic ...

The U.S. must slash its deficit to 3% from an expected 7.5% before the president’s second term in office ends, otherwise a ...

Hedge fund manager Ray Dalio has warned that the United States is on the brink of a financial disaster, and unless drastic ...

The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...

Sell-off in gilts since Budget suggests market balking at higher borrowing needs, says billionaire investor ...

Ray Dalio warns ... that the UK's rising debt costs and diminishing tax base could lead to a self-reinforcing cycle of economic decline. "This looks like a debt death spiral in the making because ...

Ray Dalio, the founder of the world's largest hedge fund, recently warned of serious economic consequences for the U.S. if ...

Rising borrowing costs and debt levels could trigger a self-reinforcing fiscal crisis according to Bridgewater Associates ...

Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.