Billionaire who called cash 'trash' has a warning
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最新报道：Billionaire investor Ray Dalio, who famously called cash "trash," warns that the U.S. is at risk of a debt crisis due to excessive government spending and rising inflation. The Bridgewater Associates founder cautions that the Federal Reserve may struggle to control inflation without triggering economic pain, as debt levels become unsustainable. Dalio suggests investors diversify into assets like gold and cryptocurrencies to hedge against potential currency devaluation. He remains skeptical about cash holdings, reiterating his long-term view that fiat currencies lose value over time amid monetary expansion. The hedge fund manager's comments come as global markets face heightened volatility over inflation and recession fears.
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