There will never be a default on the USD. The dollar has already devalued by 99% in the past century, and this trend will continue. No government in human history has defaulted on debts in its own currency; issues only arise when the debt is in a foreign currency.
every currency in history has collapsed eventually, all 4800 of them. USA is following the pattern of a collapsing currency in every way. Your belief will not hold it up for a secound
He beats around the bush a lot. But he says that his China investment is a very small percentage of his total investment. So I have to guess that means 1% or 2% of his total investment is in China. So might as well not be invested in China at all.
The last point was the most relevant: need leadership that moves to the rational middle and isolates the extremes of both sides. We need less hyperbole and propaganda and more action that the average American get behind.
How does the Average American Consumer pay for the growing $18 trillion debt they appear to have accumulated? The $5 trillion additional since 2008, seems to indicate they missed some vital information about spending? Is the illusion of production and consumption overcome by credit? Or is the eternal debt that massive amounts of Credit inspire, now the fate of Americans?
30 year mortgage is at 7.75-8% which is quite hefty - something more to be analyzed here - especially in terms of younger people buying homes, getting married, having kids etc - effects on overall economic trajectory of the United States
@@munyumbamutwale2985 yeah those are considerably high interest payments. Because of past two decades after the financial crisis, the cost of borrowing in the US has been considerably lower than developing nations. For example, in India, taking on debt is significantly more expensive.
No interest rate cut would mean a deflation economy or recession. Also Interest rate cut would mean servicing the debts will be cheaper than current 1 trillion in every three months.
@@Singular121 inflation would go off the roof, this year is insurance inflation, when rate cuts come it will be a shelter inflation just like in 2020 when rates went down shelter prices went up mean 25 basis point will increase shelter cost by five percent, 50 basis point will increase shelter price by ten or more percent because we have housing shortage since 2017, I’ll say cut spending and tax the corporations which will benefit American citizens in a long run
I think what he's saying is that If the US get's the nominal interest rate down to below the nominal growth rate and that situation persisted long enough the US can reduce it's debt burden. (nominal just means without adjusting for inflation) If the nominal growth rate of the economy (how fast the economy is expanding in nominal terms) is higher than the nominal interest rate (how much the government pays to service its debt), the debt-to-GDP ratio can decline over time, even without large cuts in spending or tax hikes. Here's where I'm unsure; could the GDP expand enough without causing the economy to overheat and spike inflation?
US debt will reach US60T in no time , and interest on that debt will be way over US1T , so you gonna borrow even more just to service that debt. Leave it to future generations to figure it out. What a great approach from the supposed top economy of the world. Spend NOW , worry LATER
@@RR-et6zp Ray no longer has interest in Bridgewater & he's really top 30 richest already. Probably can't finish spending at this age. A man like him smart enough to teach his kids to fish as oppose to give fish. he's simply helping next generation.
There will never be a default on the USD. The dollar has already devalued by 99% in the past century, and this trend will continue. No government in human history has defaulted on debts in its own currency; issues only arise when the debt is in a foreign currency.
Not as long as the US military is the world leader.
every currency in history has collapsed eventually, all 4800 of them. USA is following the pattern of a collapsing currency in every way. Your belief will not hold it up for a secound
@@MrMountain707 name one war they have won? Afghanistan?
@@loft27ss It's not about winning, it's about having wars.
@@loft27ss Uhhhhh..... Huh? 😂
If his investment in China is so small then whats the difference to not being invested in China at all?
if you've never been to China, or never invested in China, then what do you know about his investment?
He beats around the bush a lot. But he says that his China investment is a very small percentage of his total investment. So I have to guess that means 1% or 2% of his total investment is in China. So might as well not be invested in China at all.
Do you know the put option?😂
Portfolio diversification on complex financial derivatives comes down to very small % to reduce risk.
Give him some water
He drinks Bridge Water💧
@@YallahYah 😀
Excellent perspective.
It is necessary to take it Slowly cutting rates now....
The last point was the most relevant: need leadership that moves to the rational middle and isolates the extremes of both sides. We need less hyperbole and propaganda and more action that the average American get behind.
How does the Average American Consumer pay for the growing $18 trillion debt they appear to have accumulated?
The $5 trillion additional since 2008, seems to indicate they missed some vital information about spending?
Is the illusion of production and consumption overcome by credit?
Or is the eternal debt that massive amounts of Credit inspire,
now the fate of Americans?
30 year mortgage is at 7.75-8% which is quite hefty - something more to be analyzed here - especially in terms of younger people buying homes, getting married, having kids etc - effects on overall economic trajectory of the United States
@@akshaymanglani7971 in my country 15% is considered a record low mortgage and its normally 22% to 25% ... for non bank and non government employees.
@@munyumbamutwale2985 yeah those are considerably high interest payments. Because of past two decades after the financial crisis, the cost of borrowing in the US has been considerably lower than developing nations. For example, in India, taking on debt is significantly more expensive.
8% historically is not high in the US
7-8% were great rates till the Bush / Obama 0% prime stunts and the. Coof did it to Trump
Interest rate cut mean inflation above five percent, no one want higher inflation, don’t cut interest rate at all
No interest rate cut would mean a deflation economy or recession. Also Interest rate cut would mean servicing the debts will be cheaper than current 1 trillion in every three months.
1 trillion a year! Correction!
@@Singular121 inflation would go off the roof, this year is insurance inflation, when rate cuts come it will be a shelter inflation just like in 2020 when rates went down shelter prices went up mean 25 basis point will increase shelter cost by five percent, 50 basis point will increase shelter price by ten or more percent because we have housing shortage since 2017, I’ll say cut spending and tax the corporations which will benefit American citizens in a long run
This is where Trump fiscal incentives policies would help to boost the depressed consumers spending.
@@ssuwandi3240 Trump would kill all American citizens with 500 percent inflation, only people that benefits are 0.01 percent billionaires
I wish I could comprehend this stuff better…
I think what he's saying is that If the US get's the nominal interest rate down to below the nominal growth rate and that situation persisted long enough the US can reduce it's debt burden. (nominal just means without adjusting for inflation)
If the nominal growth rate of the economy (how fast the economy is expanding in nominal terms) is higher than the nominal interest rate (how much the government pays to service its debt), the debt-to-GDP ratio can decline over time, even without large cuts in spending or tax hikes.
Here's where I'm unsure; could the GDP expand enough without causing the economy to overheat and spike inflation?
@@rubensnijder thank you. 🙏
He said China would be #1. What happened?
As an economist, I have no idea what this is about. Just word salad
Study more
@@SSYlist ouch
totally agree, Ray talks absolute nonsense until the penny drops: CCP are one of the biggest investors in bridgewater capital . . .
There is no perfect solution because there are too many moving parts
I thought so too
The bloomberg anchor seems lost. Someone help the poor lady!
US debt will reach US60T in no time , and interest on that debt will be way over US1T , so you gonna borrow even more just to service that debt. Leave it to future generations to figure it out. What a great approach from the supposed top economy of the world. Spend NOW , worry LATER
Good point.
@@robertwang7825 depends what the interest rates are man
Ray u can thank Trump for the regressions be better next time and take care of America instead of the grifter base!
Lmfaooo every creditor wants 25
What the hell did he mean by that word salad?
2:23
Ray made the wrong bet on direction of U.S. economy and position of the stock market!😂
Nobody's god. Even the best makes mistakes but more importantly it's risk control. That part he did well. That s what you're paid for....
Too be fair, who knows Xiconomics can be du^^ber than he already is. 😅
Warren Buffett is King
@@SSYlist they usually say the opposite of what they do to make returns mate
@@RR-et6zp Ray no longer has interest in Bridgewater & he's really top 30 richest already. Probably can't finish spending at this age. A man like him smart enough to teach his kids to fish as oppose to give fish. he's simply helping next generation.
增加的員工都是出去追債，追壞帳的？
Ray seems to be getting old
Don’t think he knows what he is talking about.
Currency 💵 bubbles 🫧 implosion ! Look 👀 at the Japanese 🇯🇵 Yen 💴, the first G7 currency 💵 to collapse ! Sigh 😮💨
This is channel. 🤣🤣🤣🤣🤣🤣
We read the book on you Ray. You are a joke at this point.