PANews reported that Bridgewater founder Dalio said US debt-servicing expenditures are squeezing out other spending, and that the debt crisis may erupt within 3 the year.
PANews cited CNBC reports that Hassett, director of the White House National Economic Council, said the U.S. economy is still affected by the Biden administration’s expansion of post-pandemic stimulus spending, listing it as one of the current problems.
