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Podcast: The Money with Katie Show
Episode: Ray Dalio on What the "One Big Beautiful Bill Act" Means for America's Deficit
Description: Hedge fund founder, author, and one of the top influences in the financial world, Ray Dalio has written about how countries (or, in his parlance, “empires”) find themselves in irreversible doom spirals, covered in depth in his new book, How Countries Go Broke: The Big Cycle.
So, I wanted to talk to him about the fiscal hot potato being passed back and forth between the House and the Senate that threatens to explode our deficit past the point of no return. His message is clear: “I don’t care who’s right or wrong, but this is what needs...