Ray Dalio says US may lose its place in the global order. Here’s what it will mean for the economy, and your money

But is Dalio right to be so pessimistic? Let’s take a look at why he thinks this way and how you can protect yourself in case it happens.“Watch out for allies and creditors losing confidence, the loss of its reserve currency status, the selling of its debt assets, and the weakening of its currency, especially relative to gold,” he wrote (4).Dalio also drew on historical comparisons, including the outcome of the 1956 Suez Crisis, “a moment widely regarded by historians as the end of the British Empire’s glob ...