Dalio Warns of Currency Crisis, Urges Gold Investment

•1y ago

Dalio Warns of Currency Crisis, Urges Gold Investment

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Ray Dalio, Bridgewater founder, warned of a looming U.S. fiscal crisis driven by unsustainable debt, potentially devaluing major currencies. He advocates for diversifying investments, including 10% in gold, due to the risk of global currency devaluation. Dalio highlighted a supply-demand imbalance in the debt market and noted gold's increasing role as a reserve currency. Ng Kok Song echoed concerns about unsustainable debt levels in multiple countries, including the U.S., France, Japan, and China.

Published 2025-09-19 11:27:36 UTC · Published by JQJO

Published by JQJO Editorial Desk · AI assisted

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•1h ago

Big Tech Acquisitions Trigger Antitrust Scrutiny

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•1h ago

Tech Coalition Pushes Federal Preemption

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A powerful coalition of federal legislators, executive branch officials, and multinational technology corporations has coalesced around a strategy of "federal preemption," seeking to strip state governments of their authority over generative AI. The coalition argues that the legal frameworks governing these technologies are in a state of flux as generative AI affects every sector of the economy, from healthcare diagnostics to creative industries. The push aims to centralize regulation at the federal level, limiting state‑level oversight of AI development and deployment.

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