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Ray Dalio says 'unsustainable' debt is threatening an 'end of the entire U.S. empire'

From qz.com

Bridgewater Associates founder Ray Dalio said that he expects gold and non-fiat currencies to become “more important” investment sources as U.S. debt becomes “unsustainable” noting this threatens the monetary order. “We are going to see non-fiat currencies become more important store of wealth and money,” Dalio said while speaking on a panel at FutureChina Global Forum 2025 on Friday. He said investors’ portfolios should be 10% in gold as a way to diversify, CNBC reported. Gold futures were up about 0.10% around 9 a.m. ET. He said that U.S. debt has become “unsustainable,” adding its “over-spending” is six times that ... (full story)

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  • Category: Fundamental Analysis