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Is a debt crisis about to occur? Dalio: Will invest in Gold and Bitcoin and other "hard currencies"!
Ray Dalio, founder of Bridgewater Fund, one of the world's largest hedge funds, stated on Tuesday that he will invest in hard currencies such as Gold and Bitcoin, while avoiding debt-related Assets, as most major economies are facing rising debt ratios. He added that the debts of many major countries, including the USA, have reached unprecedented levels and emphasized that the current debt levels are unsustainable.