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].