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Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich economic forum in Greenwich, Connecticut, USA., On Tuesday, October 3, 2023.
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Bridgewater founder Gallic ray On Wednesday he warned that a problem of supply demand “very severe” could lead to “shocking developments.”
“The first thing is the debt problem, we have a very serious problem due to supply demand,” Dalio told Sara Eisen de CNBC in Converge in vivo In Singapore.
Dalio said that this will require that the White House sells an amount of debt that the world will simply want to buy.
“That is a set of circumstances that is imminent, okay? That is a primary importance,” he said, adding that most people do not understand debt mechanics.
Dalio said the American deficit must go from a projected level of 7.2% of the gross domestic product to approximately 3% of GDP.
“That is a big problem. You will see shocking developments in terms of how it will be,” he added.
Your comments come in the middle of a rate Russian mountain ride for markets in recent days. The uncertainty of commercial policy has joined a sense of restlessness in Wall Street, with investors concerned with the impact of a commercial war of beer elaboration in the global economy.
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