Ray Dalio warned the White House may have to exert further political pressure on foreign governments in order to deal with a looming debt crisis.

Bridgewater Associates founder Ray Dalio warned on Wednesday that the United States faces a “very severe” supply-demand problem that could lead to “shocking developments” in the near future. What Happened: “The first thing is the debt issue,

At a recent CNBC conference in Singapore, billionaire investor Ray Dalio, founder of Bridgewater Associates, issued a stark warning about the escalating U.S. national debt, suggesting it could lead to "shocking" global developments.