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    Ray Dalio Just Put a Three-Year Clock on a US Debt Crisis

    Ray Dalio Just Put a Three-Year Clock on a US Debt Crisis

    Key TakeawaysRay Dalio puts U.S. spending near $7.5 trillion against $5.5 trillion in revenue, a $2 trillion gap.The 10-year Treasury yield closed at 5.31% on Oct. 5 as Japan’s 10-year hovers near a 30-year high.Dalio’s fix would cut the deficit from about 6% of GDP...
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