Investing legend Ray Dalio is warning that the United States is at a point where its enormous debt could become out of control. In a new CNBC interview, the billionaire says that the country is not generating enough revenue to meet financial obligations. “The longer term is that we are at a point in which […]
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Billionaire investor Ray Dalio believes it’s only a matter of time before the Federal Reserve loosens its monetary policies. In a new Fox Business interview, Dalio says that central banks around the world are losing money due to the high-interest rate environment. According to Dalio, the rise in interest rates over the past year or […]
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Billionaire investor Ray Dalio says that the “cash is trash” mantra is no longer true amid significant shifts in the macroeconomic landscape. In a new discussion at the Greenwich Economic Forum, Dalio says financial conditions have changed enough in the last several years that cash is now a “relatively attractive asset class,” at least for […]
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The US government is piling debt onto its balance sheet, adding more than half a trillion dollars in debt in just three weeks. New numbers from the government’s FiscalData platform show the country’s debt surged from $32.9886 trillion on September 14th to $33.5133 trillion on October 5th – representing a $524.7 billion increase. Amid the […]
The post $524,700,000,000 Added To US Debt in 21 Days As Senator Warns ‘Death Spiral’ Could Bury Future Generations appeared first on The Daily Hodl.
Billionaire investor Ray Dalio says that the US will likely turn on the money printers again as it takes on more debt. Speaking at the All-In Summit, Dalio says that the United States will eventually struggle to pay off its financial obligations as it piles on more debt. With the country’s rising debt levels, the […]
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Billionaire investor Ray Dalio believes a historically massive transfer of wealth has been quietly boosted by central banks around the world. An estimated $73 trillion transfer of wealth is now underway as baby boomers bequeath assets to the next generation, reports Fortune. And according to a new economic update from Dalio, that wealth transfer has […]
The post $73,000,000,000,000 Wealth Transfer Incoming – Here’s Who Will Gain the Most, According to Billionaire Ray Dalio appeared first on The Daily Hodl.
Billionaire investor Ray Dalio says that the US is already in the latter stages of a debt crisis and predicts that the government will find it difficult to seek sufficient buyers for newly issued bonds. In a new Bloomberg interview, Dalio says one reason why there could be a shortage of US debt buyers stems […]
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Billionaire investor Ray Dalio believes that the US government will turn the money printers back on to save the country from defaulting on its massive debt. In a recent interview with YouTuber Chris Williamson, Dalio says that the US government will likely resort to currency debasement to partially pay off its immense $31.45 trillion national […]
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Bridgewater Associates founder Ray Dalio has warned that the U.S. and China are “on the brink of war” and “are beyond the ability to talk.” The billionaire added that their relations “are getting so bad” that U.S.-China trade could collapse. He cautioned that the next 18 months “will be a very risky period.” U.S. and […]
The Chinese yuan is now China’s most used currency for cross-border settlements. According to official data from the State Administration of Foreign Exchange, the Chinese yuan rose to be the most-used currency in March over the U.S. dollar, in a push from the Beijing government to internationalize its currency for payments. Chinese Yuan Used to […]