I think that um right now we are at a decisionmaking point and very close to a recession and I'm worried about something worse than a recession if this isn't handled well. A recession is two negative quarters of GDP and whether it goes slightly there. We always have those things. We have something that's much more profound. We have a breaking down of the monetary order. we are going to change the monetary order because we cannot spend the amounts of money. So we have that problem and when we talk about the ...

RT Documenting Saylor (@saylordocs)RAY DALIO: “I’m worried about something worse than a recession… We have something that is much more profound, we have a breaking down of the monetary order.”Get some Bitcoin... 👀 https://t.co/JKyQLPjS7t ...

Core Viewpoint - Ray Dalio, founder of Bridgewater Associates, anticipates that gold and non-fiat currencies will gain significance as U.S. debt becomes unsustainable, posing a threat to the current monetary order [1][4]. Group 1: U.S. Debt Situation - Dalio stated that U.S. debt has reached an unsustainable level, with over-spending being six times the revenue generated [2]. - The projected U.S. spending for 2025 is $7 trillion, while revenue is expected to be only $5 trillion, resulting in a $2 trillion deficit [3]. - Considering interest and existing debt, Dalio indicated that the U.S. would need to sell $12 trillion in debt, highlighting a supply-demand imbalance as global demand for this debt is lacking [3]. Group 2: Investment Strategy - Dalio recommends that investors allocate 10% of their portfolios to gold as a diversification strategy [1]. - He emphasized that non-fiat currencies will become increasingly important as a store of wealth and money [1]. Group 3: Broader Implications - Dalio expressed concerns about the potential end of the U.S. empire due to various factors affecting the monetary order [4].

Economic Cycles - Monetary, domestic, political, and social orders experience cyclical breakdowns and renewals [1] - These cycles involve periods of trauma, credit building, and prosperity, often following wars or crises [2] - A combination of monetary order breakdowns, debt crises (like 2008), and internal political dynamics can lead to serious consequences [3] Historical Context - The second industrial revolution and the panic of 1907 exemplify historical cycles [2] - 1945 marked the beginning of a new monetary order [1] Investment Strategy - Considering these issues simultaneously can provide insights into the current economic standing [4]