The #US government creates 2 trillion debt this year and has to pay 10 trillion (200% of revenues) in interest and refinancing this year anyway. If spending and interest do not come down and taxes do not go up, #dalio foresees a default in 1-5 years.

https://www.linkedin.com/pulse/how-countries-go-broke-big-cycle-tiny-nutshell-ray-dalio-flnce?utm_source=share&utm_medium=member_ios&utm_campaign=share_via