Maybe the real risk was lending governments money for 30 years in a currency they can just print more of.
RAY DALIO: THE U.S. DEBT CRISIS MAY BE ENTERING ITS FINAL STAGES
In a new piece of Time, billionaire investor Ray Dalio warns recent turmoil in Treasury markets is evidence that America’s debt problem is progressing into a “more advanced stage.”
Dalio points to rising long-term
