Dalio’s back to preaching
The Bridgewater old man posted a long essay on LinkedIn, saying the U.S. needs to refinance $10 trillion in maturing debt this year and borrow another $2.1 trillion, while longtime buyers like Japan are still pulling out. Meanwhile, the AI crowd is scrambling to raise cash and issue debt. The government keeps charging up its own credit card, and the interest keeps piling up. It’s the same playbook as shady market makers launching new tokens and dumping them one after another.
He recommends reducing bond holdings and increasing gold. He’s been pushing this line for three years, and both gold and the S&P 500 have proven him wrong in their own ways. Now he’s trotting it out again. Anyone lining up to catch the falling knife should know which row they’re sitting in.
Those of you holding BTC and ETH: with this U.S. debt blowup scenario, are you adding to your positions or getting out for now? Drop your cost basis and meet in the comments.
$BTC $ETH $SOL
The Bridgewater old man posted a long essay on LinkedIn, saying the U.S. needs to refinance $10 trillion in maturing debt this year and borrow another $2.1 trillion, while longtime buyers like Japan are still pulling out. Meanwhile, the AI crowd is scrambling to raise cash and issue debt. The government keeps charging up its own credit card, and the interest keeps piling up. It’s the same playbook as shady market makers launching new tokens and dumping them one after another.
He recommends reducing bond holdings and increasing gold. He’s been pushing this line for three years, and both gold and the S&P 500 have proven him wrong in their own ways. Now he’s trotting it out again. Anyone lining up to catch the falling knife should know which row they’re sitting in.
Those of you holding BTC and ETH: with this U.S. debt blowup scenario, are you adding to your positions or getting out for now? Drop your cost basis and meet in the comments.
$BTC $ETH $SOL