“The US relies on foreign capital for about a third of its debt, and a lot of that is coming from Japan and China, Dalio, the founder of Bridgewater Associates said in a Bloomberg Television interview with Haslinda Amin in Singapore on Tuesday. Geopolitical issues mean China doesn't want to continue to accumulate US debt, while Japan has lent ‘a lot of money’ that the country now wants to take back, he said.”
“Dalio repeated his warning that the US faces a potential debt crisis in three years.”
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