10 Articles
10 Articles
The US must pay high interest on its debt, Bridgewater founder Ray Dalio advises investors to buy more gold and bitcoin. Is this the sign of a looming crisis?
Legendary investor Ray Dalio warns against an escalation of the over-indebtedness crisis in just a few years in view of the recent development in the US. He sees two asset classes in particular as real options against the "devaluation of currencies".
Ray Dalio says investors should own ‘a bit of Bitcoin’ as U.S. debt risks rise
Investors in global stock markets are cautious ahead of a slew of key events this week. The currency market reflects mistrust of American public finances and diversification away from the US dollar. Disappointment with Alibaba stands out.
Ray Dalio Just Put a Number on the Debt Crisis: $60 Trillion, Three Years
Ray Dalio has been warning about the "Big Debt Cycle" for years, in the vague, cyclical language you'd expect from a hedge fund founder who wrote an entire book on how empires decline. On Friday, August 21, he stopped being vague. In a LinkedIn post, the Bridgewater Associates founder put actual numbers and an actual timeline on the warning: US federal debt could climb to somewhere between $55 trillion and $60 trillion within a decade, and a ful…
Dalio warns US debt crisis could emerge within three years
Bridgewater Associates founder Ray Dalio has warned that the US could face a debt crisis within the next three years, arguing that the country’s worsening fiscal position poses risks not only to domestic markets but to the wider global financial system, according to a report by the Chosen Daily. Dalio said in a LinkedIn post on 21 August that a US debt crisis could arrive “within three years”, although he allowed for an estimated margin of error…
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