Billionaire investor Ray Dalio says the US is at the start of a debt crisis - and worse times are ahead for the economy

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Bridgewater founder Ray Dalio said the US economy faces tougher times ahead as a balance sheet recession looms.

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Breaking Point: The Harsh Reality of America's Decline — Are You Ready?, by Vickie Helm

The debt crisis Ray Dalio warned of may already be happening as US borrowings surge by $1 trillion in just weeks