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Why "Cheap Money" Is Worrying Billionaire US Investor Ray Dalio | GZERO World

Why "cheap money" is worrying billionaire US investor Ray Dalio

Just days ago, the US national debt topped $30 trillion for the first time in history. Household debt jumped by $1 trillion last year, the most since 2007.

For Ray Dalio, the billionaire head of the world’s largest hedge fund, rising debt across the board is a big problem because it's increasingly widening the gap between all the money out there and what it can buy.

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How the COVID-Damaged Economy Surprised Adam Tooze | GZERO World

How the COVID-damaged economy surprised Adam Tooze

The pandemic hit the global economy hard, and many economies are still hurting. But it could have been even worse. In May 2020, economic historian Adam Tooze told GZERO World that the world was facing a second Great Depression. Now in a new interview with Ian Bremmer, Tooze is back to explain why the US economy rebounded so surprisingly fast, while much of the rest of the world lags behind.

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