“There won't be a default — the central bank will come in and we'll print the money and buy it,” he said. “And that's where there's the depreciation of money.”Solomon isn’t alone in sounding the alarm. Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, has warned that America is heading toward a “debt death spiral,” where the government must borrow simply to pay interest — a vicious cycle that accelerates over time.Cutting spending may appear to be the obvious fix, but Solomon sug ...