Ray Dalio is betting on gold and $BTC as US debt risks grow
Billionaire investor Ray Dalio is warning that the US could face a debt crisis within the next few years if fiscal policy doesn't change. His numbers are hard to ignore:
• ~$5.5T in US government revenue
• ~$7.5T in spending
• ~$2T annual deficit
• ~$1T in interest payments
• ~$10T of debt that needs to be refinanced
Dalio's response? Reduce exposure to government bonds, diversify globally and hold 10-15% of a portfolio in gold.
And Bitcoin? He says investors should add "a little" BTC as an asset that isn't created by governments.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
Billionaire investor Ray Dalio is warning that the US could face a debt crisis within the next few years if fiscal policy doesn't change. His numbers are hard to ignore:
• ~$5.5T in US government revenue
• ~$7.5T in spending
• ~$2T annual deficit
• ~$1T in interest payments
• ~$10T of debt that needs to be refinanced
Dalio's response? Reduce exposure to government bonds, diversify globally and hold 10-15% of a portfolio in gold.
And Bitcoin? He says investors should add "a little" BTC as an asset that isn't created by governments.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
