Ray Dalio warns the U.S. monetary order is breaking down, not just struggling. With $38 trillion in debt, he predicts a "debt death spiral" and "economic heart attack." Those who understand the cycle can build generational wealth while others lose it.
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The United States of America is $38 trillion in debt, and one of the greatest investors who has ever lived just said that the monetary order is breaking down. Not slowing down, not under pressure— breaking down. His name is Ray Dalio. He founded Bridgewater Associates, the largest hedge fund in the world. He predicted the 2008 financial crisis. He studied 500 years of economic cycles. And right now he's warning that America is heading towards what he calls a debt death spiral and an economic heart attack, and that most people have no idea what is coming. Now I know what you're thinking, that sounds really terrifying, and honestly it should be getting your attention. Well, everyone else is going to panic. The people who understand what's actually happening right now are going to build generational wealth. This is where fortunes are made. This is where wealth gets transferred from the people who don't understand the cycle to the people who do.