US: Crash, Boom, Bye Bye 💸

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So, Ray Dalio, the billionaire founder of Bridgewater Associates, is basically saying the US is hurtling towards a financial crash because politicians are too scared to make the tough decisions. Who knew? 🙄

Dalio took to social media platform X (because, of course, he’s on X) to share his thoughts on America’s budget deficit. Apparently, both Democrats and Republicans agree that the US needs to reduce its deficit to 3% of the GDP. Wow, what a shocking revelation – politicians agreeing on something! 🤯

But, here’s the thing: those pesky “absolutist policies” are getting in the way. You know, the ones where politicians promise not to raise taxes or cut benefits, because, heaven forbid, they might actually have to make a difficult decision. 🙅‍♂️

“They explained the absolutist policies that must exist and those are that you must make statements like I will absolutely pledge not to raise your taxes or I will absolutely pledge not to reduce your benefits.” Yeah, because that’s exactly what we need – more empty promises from politicians. 🙄

Dalio’s all like, “Hey, guys, we’re probably going to crash and burn because we can’t get our act together.” And, honestly, who can blame him? It’s not like politicians are known for their ability to make tough decisions or anything. 😂

“That’s the equivalent of saying I will absolutely pledge not to change the trajectory we’re on in order to have a better set of circumstances than the likely financial crash that we’re going to have.” Yeah, that sounds about right. We’re basically doomed. 🤪

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2025-07-04 12:21