@RayDalio shares 3 trades to weather a US debt spiral
Ray Dalio is worried about a looming financial crisis sparked by spiraling US debt levels.
The US faces a $2 trillion deficit and $1 trillion in interest payments this year.
Dalio advises hedging against inflation with TIPS, gold, and bitcoin.
"We have to, in the next, year sell about $12 trillion. We have $1 trillion that we can pay in interest. We have $9 trillion in debt service in terms of principle, and then we have to sell another $2 trillion because we had a deficit. When faced with the choice, they print money."
#finance #usa #buy #sell #trade #raydalio
Post #155
3.05K
- 👍 10
- 🔥 4