Dalio Sounds Alarm on US Debt Crisis: Diversify Now
Bridgewater Associates founder Ray Dalio has warned investors about the risk of a US debt crisis, which he believes could happen as soon as three years from now.
In a recent LinkedIn post, Dalio urged investors to diversify their portfolios and reduce their bond holdings.
Dalio suggested that investors allocate around 10% to 15% of their portfolio to gold and hold 'a bit' of Bitcoin.