Dalio Warns US Overspending Risks Monetary Order And Could Signal End Of Empire

Benzinga

Ray Dalio warned Friday that US overspending is piling up debt and threatening the monetary order, according to Bloomberg. Speaking at the FutureChina Global Forum in Singapore, Dalio warned that mounting threats to the monetary order could contribute to the potential end of the US empire. The Bridgewater Associates founder said the US will spend $7 trillion this year while only taking in $5 trillion, forcing $12 trillion in debt sales that could overwhelm demand. Dalio said both parties in Washington have failed to address spiraling debt, calling the imbalance a product of “human nature.” Dalio said Trump officials, including Treasury Secretary Scott Bessent, are more proactive in addressing US debt issues, though he lacked details on their measures.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Ray Dalio warned Friday that U.S. overspending is piling up debt and threatening the monetary

00:06order, according to Bloomberg. Speaking of the future China global forum in Singapore,

00:10Dalio warned that mounting threats to the monetary order could contribute to the potential end of

00:14the U.S. empire. Bridgewater Associates' founders said the U.S. will spend $7 trillion this year,

00:19only taking in $5 trillion, forcing $12 trillion in debt sales that could overwhelm demand.

00:25Dalio said both parties in Washington have failed to address spiraling debt,

00:28calling the imbalance a product of human nature. Dalio said President Trump and his officials,

00:33including Treasury Secretary Scott Besson, are more proactive in addressing U.S. debt issues,

00:37but we lack details on their measures. For all things money, visit Benzinga.com.

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