Recent ominous statements by billionaire hedge fund manager Ray Dalio are starting to make more sense in light of that Fox article. Presumably Buffett has also been aware of this approaching situation -
Dalio says -
- An imminent severe supply-demand issue with debt
- The first thing is the debt issue, we have a very severe supply-demand problem
- This will require the White House to sell a quantity of debt the world is just not going to want to buy.
“ That’s a set of circumstances that is imminent, OK? That is paramount