Debt, Destiny, and Dalio: A Review of ‘How Countries Go Broke’
Ray Dalio speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center in San Francisco, Calif., on Oct. 2, 2019. Kimberly White/Getty Images for TechCrunch
Famed investor Ray Dalio makes the case in “How Countries Go Broke” that the U.S. government is too heavily indebted and that significant changes to spending, taxes, and interest rates all need to be made, and soon, to save us from looming fiscal catastrophe.
Richard Morrison
Author
Richard Morrison is a research fellow at the Competitive Enterprise Institute, where his work focuses on the relationship between economic and political freedom. He was previously a senior editor at CEI and managing editor of the blog OpenMarket. He received his B.A. in Government from Claremont McKenna College.
