Gideon talks to Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund and author of a new book: How Countries Go Broke. They discuss the size of the US debt and what history tells us about identifying warning signs. Clip: CBSFree links to read more on this topic: <a href="https://on.ft.com/4nw8XA6" rel="noopener noreferrer" target="_blank">Is Donald Trump’s ‘big, beautiful bill’ a political curse for Republicans?</a><a href="https://on.ft.com/3TQLwUn" rel="noopener noreferrer" target="_blank">Fears over US debt load and inflation ignite exodus from long-term bonds</a><a href="https://on.ft.com/4l8qtbU" rel="noopener noreferrer" target="_blank">Donald Trump’s big, beautiful act of self-harm</a><a href="https://on.ft.com/4nB76u2" rel="noopener noreferrer" target="_blank">The fall in the dollar is not scary</a>Subscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.Follow Gideon on Bluesky or X <a href="https://bsky.app/profile/gideonrachman.bsky.social" rel="noopener noreferrer" target="_blank">@gideonrachman.bsky.social</a>, <a href="https://twitter.com/gideonrachman" rel="noopener noreferrer" target="_blank">@gideonrachman</a><a href="https://www.ft.com/content/0b9ed184-4490-43bd-b9d1-f02478c3f260" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

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