In late June, Ray Dalio reported on a trip he made to Washington, DC to meet with Congressional leaders of both parties to discuss debt and deficits. What Mr. Dalio learned confirmed what he and others who have studied this subject for years already know: nothing will be done to alter America’s debt trajectory until the situation causes a crisis. Politi…
Keep reading with a 7-day free trial
Subscribe to The Credit Strategist to keep reading this post and get 7 days of free access to the full post archives.