Founder of Bridgewater Associates: US Debt Situation "Extremely Dangerous"

　　Ray Dalio, founder of Bridgewater Associates, warned in an interview with Bloomberg Television on the 10th that US debt is at a very dangerous tipping point, and the United States could face an "economic heart attack" in the near future.

　　Dalio stated that US debt and debt servicing costs are continuously accumulating. Currently, the government's annual expenditure is as high as $7 trillion, while revenue is only $5 trillion, meaning "spending is 40% higher than revenue."

　　Dalio believes that when debt rises relative to income, it "is like the plaque in the artery starting to squeeze spending," and "the result is that you can get an economic heart attack."

　　Dalio also warned that the rapid growth of US government debt is creating a situation "very similar" to the years leading up to World War II.

　　According to data from the US Congressional Budget Office, the ratio of publicly held US federal government debt to Gross Domestic Product (GDP) reached 99% in 2024 and is projected to rise to 116% by 2034, higher than any period in US history.