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Ray Dalio Predicts US Debt Crisis and Backs Bitcoin, Gold Over Bonds


Ray Dalio Predicts US Debt Crisis and Backs Bitcoin, Gold Over Bonds

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Bridgewater founder Ray Dalio warned the U.S. is nearing a dangerous point in its debt cycle and urged investors to reduce bond exposure, allocate 10–15% to gold and hold 'a bit of bitcoin' as insurance against a potential U.S. debt crisis. His public endorsement frames crypto and Bitcoin as a hedge asset and could support adoption and positive market sentiment in the crypto space.

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Ray Dalio, once one of the most prominent crypto critics, has made a new case for owning gold and bitcoin as he believes the United States is approaching a dangerous point in its debt cycle.

The founder of Bridgewater Associates noted that investors should reduce their exposure to bonds, allocate 10%-15% of their holdings to gold, and hold ‘a bit of bitcoin’ as protection against what could eventually become a full-blown US debt crisis.

Read the article at CryptoPotato

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