Principles By Ray Dalio
@principlesbyraydalio·3.1M subscribers·638 videos
My Advise For Washington D.C.
Posted
March 27, 2025
Views
70,529
Likes
1,938
Comments
95
Engagement
2.88%
March 27, 2025
70,529
1,938
95
2.88%
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1:28Now PlayingI was in Washington, DC this week speaking with economic leaders of both parties to go over the mechanics of the serious debt problem, to see if they can agree on it, and to see if there can be agreement on what to do about it. While I’m happy to report that they all appreciated going over the mechanics and agreed with the need to cut the deficit to about 3% of GDP, they are now in the middle of their debt limit and budget fights which need to be resolved before they can undertake discussions about how to hit that target. Interestingly, there was some openness to having people make the 3% pledge and even setting up a bipartisan commission to figure out how to achieve it. Stay tuned.
#economics #debt #deficit #principles
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