BlockBeats News, June 18th, Ray Dalio, the founder of Bridgewater Associates, expressed his views, stating that he believes the current global economy is on the edge of a "cliff," and the period between the midterm elections in 2026 and the presidential elections in 2028 will be particularly perilous.

Dalio pointed out that the current fiscal situation in the United States continues to deteriorate, with government spending at around $7 trillion and revenue at about $5 trillion, leading to a deficit of nearly 40%. At the same time, the demand for U.S. Treasury bond financing is decreasing. Coupled with debt holders' concerns about potential sanction risks, this further exacerbates the supply-demand imbalance. The monetary and debt environment is becoming increasingly characterized by systemic risks.