Is the US heading for a debt crisis?
Gideon talks to Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund and author of a new book: How Countries Go Broke. They discuss the size of the US debt and what history tells us about identifying warning signs. Clip: CBS
Free links to read more on this topic:
Is Donald Trump’s ‘big, beautiful bill’ a political curse for Republicans?
Fears over US debt load and inflation ignite exodus from long-term bonds
Donald Trump’s big, beautiful act of self-harm
The fall in the dollar is not scary
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Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.
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