Billionaire investor Ray Dalio warns that the U.S. is approaching the late stages of a dangerous debt cycle that threatens the dollar’s global reserve status. He believes this could drive increased demand for Bitcoin and gold as alternative stores of value. Dalio released these comments after accusing the Financial Times of misrepresenting his views in a recent interview.
- Dalio recommends up to 15% portfolio allocation to Bitcoin and gold as hedge against dollar debasement
- U.S. debt service costs now approach $1 trillion annually, creating confidence crisis in Treasuries
- Foreign holders are already reducing U.S. bond exposure and turning to gold, signaling late-cycle stress
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