Ray Dalio with David Rubenstein: How Countries Go Broke

Join Bridgewater founder and #1 New York Times-bestselling author and investor Ray Dalio for an urgent conversation about America's role in the global economy and debt — and his new book, How Countries Go Broke: The Big Cycle. Ray Dalio, one of the preeminent investors of our time, anticipated the 2008 global financial crisis — and he has deep concerns about US government debt. Does government debt threaten our wellbeing? Could the US really go broke? Where do we stand? In his new book, How Countries Go Broke, Dalio answers these questions with a clear-eyed perspective on US financial policy and global investment, laying out a remarkably simple proposal for what the US can do to prevent a debt crisis. In a special conversation, hear Dalio discuss the risks of big government debt, why the US is struggling to catch up with China, what it means for our collective economic future, and more. This was recorded Jun 26, 2025 at The 92nd Street Y, New York.