The famous billionaire's warning about the American economic situation

The famous billionaire's warning about the American economic situation

Sep 30, 2023 - 08:26
The famous billionaire's warning about the American economic situation
The famous billionaire's warning about the American economic situation


  A famous American billionaire has warned that economic growth in this country is going to zero. According to the Rashatudi news agency, "Ray Dalio", founder of the largest private investment fund in the world, believes that the American economy is in a dangerous situation due to the increase in public debt and the decrease in economic growth. It is said that recently the US public debt rate exceeded 33 trillion dollars. This is while this country's congressional representatives are trying to close the country's budget before the set deadline of the first day of October. Dalio continued: We will have a debt crisis in our country. When that happens depends on supply and demand and I'm watching that closely. Dalio believes that, in addition to rising interest rates, there are other challenges to the American economy that can reduce the country's economic growth to zero. It should be noted that, according to the report of the US Treasury Department, the rate of public debt of this country has also increased significantly in recent years.