Ray Dalio Issues His Most Dire Warning to America yet: The Ballooning $37 Trillion Deficit Will Trigger an 'Economic Heart Attack'

Ray Dalio warns of looming fiscal crisis if US doesn't address deficit spending: 'Economic heart attack'

Billionaire Ray Dalio warned the U.S. risks an economic heart attack within three years unless the federal budget deficit is reduced to 3% of GDP amid mounting debt concerns.

Ray Dalio Warns Of 'Economic Heart Attack' In Absence Of Deficit Reduction, Suggests Enacting 1991-1998 Fiscal Discipline - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

Ray Dalio has issued a warning regarding the U.S. national debt, comparing the escalating crisis to an impending "economic heart attack."

Billionaire investor Ray Dalio sounds alarm on U.S. debt

Ray Dalio joins The Lead

Ray Dalio issues his most dire warning to America yet: The ballooning $37 trillion deficit will trigger an 'economic heart attack'

The hedge fund billionaire is talking about the nearly $37 trillion national debt—again.

Ray Dalio warns of an 'economic heart attack' in the next 3 years if the US doesn't shrink the deficit

Jemal Countess/Getty Images for TIMERay Dalio says the US has limited time before its fiscal situation becomes dire. The Bridgewater Associates founder says the US needs to reduce its deficit to 3% of GDP. While he thinks that's possible, he doesn't believe it is likely to happen in time.Hedge fund icon Ray Dalio has been sounding the alarm on the US debt crisis for months, and he now sees a timeframe for when the fiscal situation could become d…

Financial News Network - Ray Dalio warns of looming fiscal crisis if US doesn't address deficit spending: 'Economic heart attack'

Billionaire Ray Dalio warned the U.S. risks an economic heart attack within three years unless the federal budget deficit is reduced to 3% of GDP as deficits widen and the debt grows.Read More …