Ray Dalio: Sovereign debt is unattractive during supply-demand imbalances
Ray Dalio · Ray Dalio: US Debt Spiral, How to Avoid Disaster | The All-In Interview · Jan 28, 2025 · at 10:32
Ray Dalio, founder of Bridgewater Associates, explains why holding government debt leads to losses during severe debt supply-demand imbalances.
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“In either case, you don't want to hold that debt, because either there's a debt service problem, or there's a depreciation, you get paid back with a greater supply and cheaper Money, and that is the dynamics, and that's the mechanism”
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