Billionaire Ray Dalio, founder of Bridgewater Associates, sounds the alarm once again: a global economic crisis is on the horizon... and it could be worse than that of 2008.
According to him, the signals are red:
Massive debt of states 💸
Growing geopolitical tensions between major powers 🌍
Risky monetary policies of central banks 🏦
In the face of this explosive combination, Dalio recommends turning to safe havens: gold and Bitcoin. Yes, you read that right: he who was skeptical about cryptos now sees Bitcoin as a 'solid currency' just like gold ⚖️✨
For him, these assets offer protection against the probable devaluation of fiat currencies. He also recommends diversifying investments in countries less exposed to geopolitical conflicts, in order to safeguard one's wealth from upcoming shocks 🌐🛡️
In brief:
Bitcoin and gold could well be your best weapons to weather the economic storm that Ray Dalio sees looming on the horizon. Prepare yourself.
Source: journalducoin.com
