On the 21st, Ray Dalio, founder of the major hedge fund Bridgewater Associates, called on investors in a LinkedIn post to reduce their holdings in government bonds and allocate 10-15% of their assets to gold, and a smaller amount to Bitcoin (BTC). This was reported by Bloomberg and CNBC.
Dalio estimated this year's US government revenue at $5.5 trillion and expenditures at $7.5 trillion, resulting in a net fiscal deficit of $2 trillion. The interest burden alone...
