Veteran investor Ken Fisher has waved aside concerns that the US is on the brink of a debt crisis.
In contrast, billionaire investor Ray Dalio recently warned that the nation is at the start of a "big cycle debt crisis".
This astronomical figure has worried many Americans: high-profile investor Ray Dalio warned the nation is at the start of a "late, big cycle debt crisis."
Among the most vocal was Bridgewater Associates founder Dalio, who rated the debt-ceiling deal Grade D and predicted the start of a debt crisis, caused by a demand-supply mismatch.
"In my opinion, we are at the beginning of a very classic late, big cycle debt crisis, when the supply-demand gap, when you are producing too much debt and have a shortage of buyers," Dalio said last month.
Persons:
Ken Fisher, Fisher, Ray Dalio, Dalio
Organizations:
Service, Privacy, Treasury, Fisher Investments, Bridgewater Associates
Locations:
Wall, Silicon