America headed for ‘economic heart attack’ on government debt, spending warns billionaire
Billionaire Ray Dalio, founder of Bridgewater Associates, is sounding the alarm on America’s chronic spending, national debt nearing $37 trillion, combined with a $2 trillion deficit that may balloon with President Trump’s ‘One Big Beautiful Bill.’ "We're spending 40% more than we're taking in and this is a chronic problem. So what you're seeing is the debt service payments beginning to squeeze away, not beginning, well into squeezing away. So it's […]