Bridgewater founder: Advises investors to stay away from debt assets like bonds and turn to "hard currencies" such as gold and Bitcoin

ChainCatcher news, according to the South China Morning Post, Ray Dalio, founder of the world's largest hedge fund Bridgewater, stated at the Abu Dhabi Financial Conference that he advises investors to stay away from debt assets like bonds and turn to "hard currencies" such as gold and Bitcoin.

Dalio pointed out that the debt levels of major economies, except for Germany, have reached "unprecedented" levels, and a debt crisis is inevitable in the coming years, which will lead to a significant devaluation of currency. He emphasized that debt, currency, and the economy are one of the five key forces influencing future developments, along with domestic political order and geopolitical patterns.