DALIO: “.. credit ratings understate credit risks because they only rate the risk of the government not paying its debt. .. They don't include the greater risk that the countries in debt will print money to pay their debts ..”

@cnbc.com
https://www.cnbc.com/2025/05/19/ray-dalio-says-risk-to-us-treasuries-greater-than-what-moodys-says.html
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