It’s critical that we bring our deficits down — and soon. Since one man’s debts are another man’s assets, debt problems pass through the system very quickly.  When there’s a lot of debt, like there is today, it has to be sold — and we’re now at a point where there aren’t enough buyers for that debt. Historically, when that happens, bad things follow. So we need to get this problem under control and we need to do it fast. #raydalio #debt #economics