During NBC’s ‘Meet the Press,’ Ray Dalio expressed his worry about a crisis worse than a recession, stating the monetary order is “breaking down” like in the 1930s. He highlighted the unsustainable debt in the U.S. And China, advocating for investments in hard assets such as Bitcoin.
Dalio predicts a significant contraction of nearly 3% in the U.S. GDP for Q1 2025, indicating potential recession. Meanwhile, Mike Novogratz supports these views, noting a shared concern among macroeconomic thinkers, suggesting actions like interest rate cuts may be necessary.
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