Ray Dalio says the Fed faces a tough balancing act as the economy faces ‘enormous amount of debt’

Ray Dalio says the Fed faces a tough balancing act as the economy faces ‘enormous amount of debt’

At the Skybridge Capital SALT New York 2021 conference, Ray Dalio, co-chairman of Bridgewater Associates, highlighted the significant amount of debt still facing the U.S. economy. With the Federal Reserve’s recent interest rate cut, concerns are raised about balancing the needs of creditors and debtors. Dalio emphasized the unprecedented levels of debt being created by…

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