Billionaire Ray Dalio warns America faces ‘economic heart attack’ if it doesn’t radically reduce U.S. fiscal deficit
The U.S. must slash its deficit to 3% from an expected 7.5% before the president's second term in office ends, otherwise a death spiral will likely ensue.
![Billionaire Ray Dalio warns America faces ‘economic heart attack’ if it doesn’t radically reduce U.S. fiscal deficit](https://fortune.com/img-assets/wp-content/uploads/2025/02/GettyImages-2154149180-e1739466459207.jpg?w=2048#)