Billionaire Investor Ray Dalio Warns of Debt Crisis, Advises Investing in Bitcoin and Gold
World’s Top Hedge Fund Boss Backs Bitcoin as 2025 Game Changer |
Billionaire banker Ray Dalio has issued a stark warning about looming debt risks within the global financial system, urging clients to turn to assets which include bitcoin and gold.
Speaking at Abu Dhabi Finance Week, Dalio founder of Bridgewater Associates, the area’s largest lender revealed his position on higher lending in macroeconomies. He advised towards making an investment in debt-based assets, such as bonds, and instead endorsed preserving “difficult cash” like gold and Bitcoin.
“I consider there may be probably a pending debt-cash problem,” Dalio stated, as suggested by the South China Morning Post. Gold and bitcoin prices are currently on the rise, and traders are turning to these alternatives amid growing economic challenges and geopolitical tensions. Last week, Bitcoin exceeded the $one hundred,000 mark, pushed by using expectancies of crypto-pleasant regulations from US President-elect Donald Trump.
Dalio underscored the “unheard of levels” of debt in foremost economies, along with the United States and China, warning that those tendencies are possibly to bring about crises. “It is impossible for those nations to keep away from a debt crisis within the coming years, so that you can result in a significant decline within the cost of cash,” he cautioned.
The veteran investor highlighted five key forces shaping the destiny: debt, money, and the economy; inner politics; global geopolitical order; herbal failures; and technological improvements. He advocated buyers to undertake a long-term, strategic attitude.
Don’t get stuck up in day by day headlines,” Dalio suggested. “Focus on the larger picture. Think strategically and tactically, keeping a worldwide angle whilst spotting that the unknowns about the destiny outweigh what you understand.
“I consider there may be probably a pending debt-cash problem,” Dalio stated, as suggested by the South China Morning Post. Gold and bitcoin prices are currently on the rise, and traders are turning to these alternatives amid growing economic challenges and geopolitical tensions. Last week, Bitcoin exceeded the $one hundred,000 mark, pushed by using expectancies of crypto-pleasant regulations from US President-elect Donald Trump.
Dalio underscored the “unheard of levels” of debt in foremost economies, along with the United States and China, warning that those tendencies are possibly to bring about crises. “It is impossible for those nations to keep away from a debt crisis within the coming years, so that you can result in a significant decline within the cost of cash,” he cautioned.
The veteran investor highlighted five key forces shaping the destiny: debt, money, and the economy; inner politics; global geopolitical order; herbal failures; and technological improvements. He advocated buyers to undertake a long-term, strategic attitude.
Don’t get stuck up in day by day headlines,” Dalio suggested. “Focus on the larger picture. Think strategically and tactically, keeping a worldwide angle whilst spotting that the unknowns about the destiny outweigh what you understand.