Dalio: We are entering a dangerous period expected to last from the 2026 midterm elections until the 2028 presidential election

Glonghui, June 18th｜Bridgewater Associates founder Ray Dalio: We believe we are currently at a critical juncture. We are entering an especially dangerous period, which is expected to last from the 2026 midterm elections through the 2028 presidential election. The monetary situation is becoming increasingly severe. The US government is currently spending $7 trillion, while revenue is only about $5 trillion, resulting in a 40% overspend. Although the government has a large amount of debt to finance, market demand for this debt is declining. This decline in demand is due both to standard supply and demand factors and to debt holders' concerns over potential sanctions.