Ray Dalio says US is ‘past the point of no return’ on debt, sees 1930s-style ‘financial repression’ coming

Bloomberg Podcasts, Released on 6/3/26

Bridgewater Associates Founder Ray Dalio says the debt burden has passed a “point of no return.” He speaks with Bloomberg’s Dani Burger at the Forbes Iconoclast Summit in New York City about the bond market, a weaker dollar driving gold demand, and AI bubble concerns.

Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world’s largest hedge funds. Ray’s latest book is Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail.

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Kevin

This interviewer is an idiot. Imagine repeatedly interrupting Ray Dalio while he is providing clear, intelligent answers to the questions. Get over yourself, lady.