#418 Ray Dalio on the Risky Period for Investors, Bubble Warnings, and a Coming Debt Squeeze

About this episode

Ray Dalio, founder of Bridgewater Associates, joins The Julia La Roche Show for a special episode featuring their fireside chat from the Greenwich Economic Forum. Dalio explains the five forces he sees driving today's world: the debt cycle, internal political conflict, the breakdown of the post-1945 geopolitical order, acts of nature, and technology, especially AI. He says rising bond yields reflect a basic supply-and-demand problem. Washington spends about $7 trillion a year but takes in about $5 trillion, and foreign buyers like China and Japan are pulling back. He warns that a debt "heart attack" is likely within the next two years. He calls the period after the midterms and through 2028…