Two of the most successful investors alive—Ray Dalio, founder of Bridgewater Associates, and Warren Buffett, CEO of Berkshire Hathaway—have spent years repeating the same fiscal alarm bell: keep the federal deficit at or below 3 % of GDP. Cross that line for long and the bond market will eventually force harsher medicine through higher interest rates and slower growth. The 3 % … [Read more...] about Why Ray Dalio and Warren Buffett Keep Warning About a 3 % Deficit Cap