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Morning Edition · Saturday, August 22, 2026Published at 1:43 AM EDT · New York
Dalio Says United States Debt Above $40 Trillion Makes Bonds the Riskier Holding
The Bridgewater founder set a three-year window for a debt crisis unless the deficit falls to 3% of gross domestic product, and named gold and bitcoin as the alternatives he prefers.
Ray Dalio, founder of Bridgewater Associates, has restated his case for holding gold and a smaller allocation of bitcoin now that United States federal debt has crossed $40 trillion. Writing on X, he argued that the combination of rising de…
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