The Bridgewater Associates founder argued China will continue to have the edge in producing applications for AI chips compared to the U.S.

Bridgewater Associates founder Ray Dalio said on a recent podcast that the U.S. could be headed towards a future “economic heart attack" without government action.

When you reach the part of the cycle that you have to borrow money to pay debt service, and the holders of those bonds say it’s a risky situation — in the private debt market, we call that the debt death spiral,