- Ray Dalio believes that the U.S. has reached a point of no return in the debt crisis.
- He advises investing in safe-haven assets — gold and Bitcoin.
- Dalio recommends allocating up to 15% of the portfolio to these instruments.
Expert Opinion on the U.S. Debt Crisis
Famous billionaire and founder of Bridgewater Associates, Ray Dalio, has urged investors to allocate up to 15% of their investment portfolio to assets such as Bitcoin and gold. He shared his recommendations in the podcast The Master Investor, where he discussed U.S. government debt with host Wilfred Frost.
This is reported by Business • Media
Dalio pointed out that the financial crisis in the U.S. is linked to the devaluation of the national currency and the rising national debt. According to his estimates, by 2026, the U.S. government will be forced to issue bonds amounting to $12 trillion to service the debt and cover expenses.
“Looking at this dynamic, I feel like a doctor observing the growth of a tumor. […] We have reached a point of no return, as we have only one way out – to continue increasing the debt,” he noted.
Gold and Bitcoin as Portfolio Protection Tools
In response to the challenges facing investors due to the debt crisis, Dalio identified gold and Bitcoin as effective diversification tools. Although the billionaire expressed doubt that central banks will recognize Bitcoin as a reserve asset, he emphasized that both of these instruments are present in his own portfolio.
The billionaire did not disclose the exact proportions of his investments but provided an example suggesting that investors seeking to protect their funds from risks should allocate up to 15% of their portfolio to Bitcoin or gold. He emphasized that he personally prefers gold, but the final choice remains with each investor.
Dalio has repeatedly voiced support for Bitcoin. In particular, at the Abu Dhabi Finance Week conference, he predicted further depreciation of debt bonds and recommended investing in “hard” assets such as gold and the leading cryptocurrency.