Billionaire Hedge Fund Director warns of an “economic heart attack” for the American economy

The United States can be heading towards a future future “heart attack”. Without taking government measures.

“Odd Lotes” told that he wanted to inform the political makers that “there is a solution here” that could address the government deficit and an imminent debt crisis.

“You can reduce this deficit to go to 3 % of gross domestic product,” explained to hosts, Joe Vesnehta and Treissy. “Trump’s tax cuts come, and the expected deficit will be about 7.5 % of gross domestic product, and you have to reduce this to about 3 % of GDP because this will mean that debts will not rise to income, and will significantly improve the supply and demand.”

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The US government witnessed a deficit of $ 1.8 trillion in the fiscal year 2024 alone, resulting from $ 6.75 trillion in spending with revenues of $ 4.92 trillion, for each Treasury Department.

Dalio told “a lot of things” that the United States “near that point” is a cycle of death. Without procedure, he suggested that the country be seen “heart attackSpeak in “three years, giving or taking a year, something like that. ”

The American National Debt is currently standing In 36.2 trillion dollarsAccording to the Ministry of Treasury. The brand of $ 35 trillion crossed last summer for the first time.

The new budget expectations in the debt record are found in 4 years: CBO

“If you do not, you will be in trouble,” said the founder of Bridgeoster Associated to address the United States’ deficit and debts.

He had gone in Bloomberg Podcasts to discuss debt courses and talk about his next book, “How Countries collapse.” It is scheduled to be launched in early September.

Dalio, from The foundations of Bridgeter About 50 years ago, its net value is $ 14 billion, according to Forsa.

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