The rout in the financial market resulting from the U.K. government’s spending plan “suggests incompetence,” billionaire investor and founder of Bridgewater Associates, Ray Dalio, said in a series of tweets. “The panic selling you are now seeing that is leading to the plunge of UK bonds, currency, and financial assets is due to the recognition that the big supply of debt that will have to be sold by the government is much too much for the demand,” Dalio tweeted. “That makes people want to get out of the debt and currency. I can't understand how those who were behind this move didn't understand that. It suggests incompetence. Mechanistically, the UK government is operating like the government of an emerging country... it is producing too much debt in a currency that there is not a big world demand for,” Dalio tweeted. The Mini-Budget Impact: The comments from the author of the top-selling book “Principles” comes in the wake of a turmoil in the financial markets triggered by Britain’s...