Ray Dalio, who warned of 2008 market crash, says U.S. Treasury risk greater than what Moody’s downgrade suggests
- Posted on May 20, 2025
- By Business News Today
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Ray Dalio, who warned of 2008 market crash, says U.S. Treasury risk greater than what Moody’s downgrade suggests

Ray Dalio warned that the true risks of holding U.S. government debt are more severe than Moodys downgrade suggests. He argued that credit ratings ignore inflation risks caused by money printing, which erodes bondholders' real returns.