Bridgewater Associates hedge fund founder Ray Dalio predicted in an interview with the Brazilian newspaper O Globo that the US national debt will increase by 17 trillion dollars under the current American leader, Donald Trump. Dalio warns that the growth of the national debt heralds a debt and currency crisis. According to Dalio, the United States will face the threat of economic collapse, as soon soon “interest payments will begin to oppress other spending, which will lead to paralysis of the [financial] system.” As reported by the VZGLYAD newspaper, the total US debt reached a new high of $38.02 trillion.
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