Predicting a Financial Crisis

Ray Dalio is back at it again, predicting yet another debt crisis in an interview with Bloomberg: He gives us about three years until the U.S. has a heart attack from too much debt: “I can’t tell you exactly when it’ll come, it’s like the heart attack,” he added. “You’re getting closer. My guess would be three years, give or take a year, something like that.” Dalio is a bil...