Ray Dalio says Bessent move is sign that a debt crisis is getting closer; recommends gold and bitcoin - CNBC

Ray Dalio says Bessent move is sign that a debt crisis is getting closer; recommends gold and bitcoin - CNBC

Source: CNBC

DW NOTE

Dalio ran the world's largest hedge fund by telling institutions what they wanted to hear in language that sounded profound. He now recommends gold and bitcoin as US debt approaches $36 trillion and the deficit runs at 6% of GDP — not because he discovered this in August 2026, but because it's now fashionable to say it. The debt crisis he's warning about has been visible in the primary dealer data since 2020.

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