Ray Dalio says the United States is going broke, and he named the exact playbook: print money, devalue the currency, and force interest rates artificially low so bondholders get paid back in dollars worth less, the way he says Japan has done it. Mike Butler runs the math on that thesis, and flags the twist: the 10 year is at a 24 year high and Japan's own 10 year just hit a 30 year high, so the low-rate playbook Dalio points to may be breaking in real time, even as the pressure he describes is real, US debt just passed 40 trillion against a roughly 41 trillion legal limit. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 Dalio says the US is going broke 00:16 The Japan playbook, in his words 00:32 But Japan just hit a 30 year high 00:45 Debt past 40 trillion, five months of room ...