How the U.S. Government Borrows to Fund Its Massive Budget Shortfall
The U.S. government's outsize debt load is the talk of Wall Street.
Some of the biggest names in finance are speaking in increasingly alarmed tones about an issue that has bothered investors for decades. Ray Dalio, founder of the hedge fund Bridgewater Associates, has warned of a debt crisis akin to an 'economic heart attack.' Jamie Dimon, chief executive of JPMorgan Chase, is predicting a breakdown in financial markets.
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