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ballooning

Ray Dalio issues his most dire warning to America yet: The ballooning $37 trillion debt will trigger an ‘economic heart attack’

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Hedge fund billionaire Ray Dalio is known for his dire warnings about the economy and the national debt, but he just issued one of his starkest warnings to date, likening the United States’ mounting debt crisis to an impending “economic heart attack” and urging policymakers to revisit the fiscal discipline that characterized the 1990s boom … Read more

What’s behind ballooning video game budgets?

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Why does it cost some companies hundreds of millions of dollars to develop a popular video game? A couple weeks ago, The New York Times blamed the never-ending quest to deliver more photo-realistic graphics— and it suggested the industry is beginning to see diminishing returns, leading to layoffs and studio closures. However, Bloomberg’s Jason Schreier … Read more

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