If we want to avoid a debt crisis, we need to get our deficit down to 3% of GDP.
There are many ways to do that, using the levers of cost cuts, interest rates, and revenue. But we need to do it fast.
The question for policymakers is how much can you deliver from each of these… pic.twitter.com/9KBGEFYJ36
— Ray Dalio (@RayDalio) April 30, 2025