Renowned investor Ray Dalio has warned that the world is on the verge of a collapse in the global monetary system, accelerated by the Trump administration's trade disruptions. Dalio, former CEO of Bridgewater Associates, highlighted how trade tensions are causing fractures in the monetary, political, and international orders, leading to deglobalization and trade imbalances. This shift is prompting importers and exporters, especially between the US and China, to seek alternative trade arrangements. Dalio emphasized the unsustainability of America's consumerism and debt issuance, urging for a more self-sufficient approach. He suggested that countries may start bypassing the US by forming new trade networks with alternative currencies. While advocating for assets like Bitcoin and gold during uncertain times, Dalio called for coordinated action to address trade imbalances and government debt issues. The article also discusses the impact of tariffs on countries like China and key Bitcoin mining manufacturers. Overall, Dalio urges a focus on fundamental changes in the global order rather than short-term market fluctuations. Read more AI-generated news on: https://app.chaingpt.org/news

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