Is it a ticking time bomb? Ray Dalio says skyrocketing U.S. debt could cripple the economy and threaten markets and the dollar

Bridgewater Associates' founder Ray Dalio warns that America's mounting national debt of $36.2 trillion could bring on extreme financial problems if left unattended. He explained that increasing debt may cause rising interest rates and volatility in Treasury markets, which affect the backbone of the financial system and stores of overall wealth.