Reported 1 day ago
Billionaire investor Ray Dalio has raised alarms about the excessive US debt, suggesting it could lead to the devaluation of the dollar as a reliable currency. Speaking at the World Economic Forum in Davos, he emphasized the need for society and central banks to consider alternative forms of money, like cryptocurrencies, especially as global inflation persists and the US deficit reaches alarming levels. Dalio, with a net worth of $14 billion, continues to influence economic discussions and investment strategies.
Source: YAHOO