However, the status and prosperity has come with a high price, with the U.S. now engaged in record deficit spending that many economists and investors warn is a time bomb.(Ray Dalio)
Ray Dalio is one of the most succesful fund managers in the world.
An astonishing 80% of central banks are engaging in work around central bank digital currencies, from research to experimentation and pilot programs.(Boggiano. K. 2020)
The U.S. budget deficit eclipsed $3.1 trillion in the fiscal year that ended Sept. 30, according to government data released Friday, by far the biggest one-year gap in U.S. history.