President Donald Trump’s assertion that U.S. growth can tame debt echoes what Ray Dalio has called the most dangerous phase of a debt cycle: when leaders mistake prosperity for immunity. In an interview with One America News on Thursday, Trump pointed to his “Big, Beautiful Bill” that locks in and expands tax cuts from his first term while adding new …
Read More »Trump says the U.S. can grow its way out of $37 trillion in debt. Ray Dalio’s debt-cycle research says not so fast
